Conference on

Macro and Financial Economics: Theory and Applications

Brunel University, West London

Programme

Main Session (Gaskell Building Room 210)

Tuesday 24th May 2011

Coffee Reception: 9.30-10.00

Session 1. Evangelos Dioikitopoulos (Brunel University)

10.00-10.30	Alexis Anagnostopoulos (State University of New York, USA): Dividend and Capital Gains Taxation under Incomplete Markets
10.30-11.00	Wencke Böhm (University of Bielefeld, Germany): Pension Systems and their Meaning for Welfare
11.00-11.30	Ghulame Rubbaniy: (Erasmus University, Holland): Herd Behaviour and Trading of Dutch Pension Funds

Coffee break: 11.30-12.00

Session 2. Chair: Russ Moro (Brunel University)

12.00-12.30	Britta Niehof (Philipps-University of Marburg, Germany): Identification Through Heteroscedasticity in a Multicountry and Multimarket Framework. The Effects of European Central Banks on European Financial Markets
12.30-13.00	Fazelina Sahul Hamid (University of Exeter, UK): An Analysis on the Effect of Panic and Fundamentals in Bank Failure Predictions: Evidence from East Asian Countries

Lunch Break: 13.30-14.30 (Room 210)

Session 3. Chair: Dilruba Karim (Brunel University)

14.30-15.00	Daniel Ladley (University of Leicester, UK): Contagion and Risk-sharing on the Inter-bank Market
15.00-15.30	Guy Liu (Brunel University): Does Market Structure Matter on Banks’ Profitability and Stability? Emerging versus Advanced Economies
15.30-16.00	Andreas Tsopanakis (University of Glasgow, UK): Constructing an Efficient Financial Stress Index

Coffee break: 16.00-16.30

Session 4. Chair: Aris Kartsaklas (Brunel University)

16.30-17.00	Ozge Kandemir (University of Sheffield, UK): Real Effects of Inflation Uncertainty in the US
17.00-17.30	Séverine Menguy (Université de Paris-Ouest, France): Inflation Rate, Indebtedness and Interest Rates on the Public Debt in a Monetary Union
17.30-18.00	Sushanta Mallick (Queen Mary, University of London, UK): Inflationary Pressures and Monetary Policy: Evidence from BRICS Economies

Dinner: 19.00

Parallel Session (Gaskell Building Room 169)

Coffee Reception: 9.30-10.00

Session 1. Chair: Javier Coto-Martinez (Brunel University)

10.00-10.30	Francesco Guidi (Greenwich University, UK): Are South East Europe Stcok Markets Integrated with Regional and Global Stock Markets?
10.30-11.00	Hang Li (Kingston University, UK): China’s Stock Market Reforms and its International Stock Market Linkages
11.00-11.20	Jihui Zhang (Brunel University): Finance, Volatility and Growth: Non-Linear Time-Series Evidence for Brazil since 1870
11.20-11.40	Saeideh Aliakbari (Brunel University): Forecasting Corporate Distress in the Asian and Pacific Region

Coffee break: 11.40-12.00

Lunch: 13.30-14.30 (Room 210)

Session 2. Chair: Omaima Hassan (Brunel University)

16.30-17.00	Qiwei Chen (Brunel University): State of Market and the Contrarian strategy: Evidence from China’s stock market
17.00-17.30	Omaima Hassan (Brunel University): Disclosure Measurement in the Empirical Accounting Literature: A Review Article
17.30-17.50	Stavros Dafnos (Greek Ministry of Education and Brunel University): Auditing the Auditors: Reducing Inefficiencies in a Trilateral Relationship using the Subgame Perfect Folk Theorem
17.50-18.10	Ourania Dimitraki (Brunel University): Political Instability and Economic Growth in Western Europe: a Causality Analysis for 55 Years

Dinner: 19.00