Conference on

Macro and Financial Economics: Theory and Applications

Brunel University, West London

Programme

Main Session (Gaskell Building Room 239)

Tuesday 24th May 2011

Coffee Reception: 9.30-10.00

Session 1. Chair: John Hunter (Brunel University)

10.00-10.30	James Davidson (University of Exeter): Indirect Inference on DSGE Models
10.30-11.00	Jöerg Breitung (University of Bonn): Robust Inference in Dynamic Regression Models with Persistent Regressors
11.00-11.30	Richard Baillie (Michigan State University): Impulse Response Analysis from Strongly Dependent Processes

Coffee break: 11.30-12.00

Session 2. Chair: Menelaos Karanasos (Brunel University)

12.00-12.30	Anthony Neuberger (Warwick Business School): Realised Skewness
12.30-13.00	Dimitri Vayanos (London School of Economics): An Institutional Theory of Momentum and Reversal
13.00-13.30	Nikolaus Hautsch (Humbolt University, Berlin): Capturing the Zero: A New Class of Zero-Augmented Distributions and Multiplicative Error Processes

Lunch Break: 13.30-14.30 (Room 210)

Session 3. Chair: Sugata Ghosh (Brunel University)

14.30-15.00	Paul Levine (University of Surrey): A Fiscal Stimulus and Jobless Recovery
15.00-15.30	Simon Wren-Lewis (University of Oxford): Debt Stabilization in a Non-Ricardian Economy
15.30-16.00	Miguel Ledesma (University of Kent): The Choice of Capital Intensity and Balanced Growth

Coffee break: 16.00-16.30

Session 4. Chair: Alessandra Canepa (Brunel University)

16.30-16.55	Christian Conrad (University of Heidelberg): On the transmission of memory: inflation persistence and the Great Moderation
16.55-17.20	Anastasios Magdalinos (University of Southampton): An Econometric Inference in the Vicinity of Unity
17.20-17.45	Bent Nielsen (University of Oxford): Testing for Rational Bubbles in a Co-explosive Vector Autoregression
17.45-18.10	Ege Yazgan (Istanbul Bilgi University) : Persistence in Convergence

Dinner: 19.00