1st EconPol Europe CESifo PhD Workshop

The first CESifo EconPol Europe PhD Workshop for current and recent doctoral students took place at the ifo Institute in Munich, Germany on 1–2 February, 2018. EconPol Europe – The European Network for Economic and Fiscal Policy Research is a unique collaboration of nine policy-oriented university and non-university research institutes that will contribute their expertise to the discussion of the future design of the European Union.

The aim of this this two-day workshop was to bring together PhD students whose research focuses on economic and fiscal policy issues in the European context and strengthen the collaboration between EconPol network members. Participants were given the opportunity to present their work, and to interact with, and have their research discussed by senior researchers from the different network partners.

Program

09:15 - 09:45	Coffee & Registration
09:45 - 10:00	Welcome & opening remarks CLEMENS FUEST (President of the ifo Institute and CESifo)
Plenary Session 1 Keynote Lecture I Chair: Mathias Dolls
10:00 - 11:00	Breaking the Doom Loop: The Eurozone Basket JÖRG ROCHOLL (ESMT Berlin)
11:00 - 11:15	Coffee Break
Plenary Session 2 Monetary Policy and Banking Regulation Chair: Frank Brückbauer
11:15 - 11:45	The Sovereign-Bank Feedback Loop: Did European Policies Alleviate It? JUDITH ARNAL MARTINEZ (University of Navarra) & Antonio Moreno
11:45 - 12:15	Evaluating Regulation within an Artificial Financial System Jesper Riedler & FRANK BRUECKBAUER (ZEW)
12:15 - 12:45	The Redistributive Impacts of ECB's Unconventional Monetary Policies: Evidence From Italian Household Surveys MEHDI EL HERRADI (University of Bordeaux and University of Lille)
12:45 - 13:15	The Effects of ECB’s Asset Purchase Announcements on Euro Area Government Bond Yields FREDERIK NEUGEBAUER (WHU- Otto Beisheim School of Management)
13:15 - 14:30	Lunch
Plenary Session 3 Fiscal Policy in the EMU Chair: Zareh Asatryan
14:30 - 15:00	The New View on Fiscal Policy and its Implications for the European Monetary Union ATANAS PEKANOV (Austrian Institute of Economic Research)
15:00 - 15:30	Attitudes Towards Institutional Reforms for the Euro Area Mathias Dolls & NILS WEHRHÖFER (University of Mannheim)
15:30 - 16:00	Coffee Break
Parallel Session 4A European Unemployment Insurance Chair: Carla Krolage
16:00 - 16:30	The Nature of Shocks in the Eurozone and Their Absorption Channels Cinzia Alcidi, Mathias Dolls, Clemens Fuest, CARLA KROLAGE (ifo Institute), & Florian Neumeier
16:30 - 17:00	Federal Unemployment Insurance - Theory and an Application to Europe Philip Jung, Keith Kuester, & MAREK IGNASZAK (University of Bonn)
17:00 - 17:30	Euro Area Unemployment Insurance at the Time of Zero Nominal Interest Rates GUILLAUME CLAVARES (Paris School of Economics) & Jan Strasky
17:30 - 18:00	Effects of a European Unemployment Insurance Zeno Enders & DAVID VESPERMANN (Heidelberg University)
Parallel Session 4B Political Economy Chair: Annika Havlik
16:00 - 16:30	The Political Economy of the Welfare Effect of Immigration JEROME GONNOT (Toulouse School of Economics)
16:30 - 17:00	Dismantling the "Jungle": Refugee Relocation and Extreme Voting in France Paul Vertier & MAX VISKANIC (Sciences Po, Paris)
17:00 - 17:30	The Political Economy of Multilateral Lending to European Regions Zareh Asatryan & ANNIKA HAVLIK (ZEW Mannheim)
17:30 - 18:00	The Tragedy of the Left: Voting Behavior in Recessions, 1870-2015 MANUEL FUNKE (Kiel Institute for the World Economy)
19:00	Conference Dinner
Parallel Session 5A EU Labor Markets Chair: Christian Wittneben
09:00 - 9:30	Drivers of Participation Elasticities across Europe: Gender or Earner Role within the Household? Charlotte Bartels & CORTNIE SHUPE (Free University of Berlin and German Institute for Economic Research - DIW)
9:30 - 10:00	Public-Private Sector Wage Gap in a Group of European Countries: An Empirical Perspective KAMILA SLAWINSKA (Warsaw School of Economics)
10:00 - 10:30	Employment Protection Reform in European Labor Markets: The Collective Bargaining Regime Matters YANN THOMMEN (University of Strasbourg)
10:30 - 11:00	Labor Supply and Automatic Stabilization Mathias Dolls, Clemens Fuest, Andreas Peichl, & CHRISTIAN WITTNEBEN (ifo Institute)
Parallel Session 5B Financial Markets and Sovereign Debt Chair: Matteo Tomaselli
9:00 - 9:30	What Drives Global Contagion Mechanisms? Cross-Country Evidence on Financial Integration and Business Cycle Synchronisation PAUL BERENBERG-GOSSLER (Hertie School of Governance Berlin)
9:30 - 10:00	Misallocation and the Credit Cycle: Evidence from Europe GUIDO FRANCO (University of Rome Tor Vergata)
10:00 - 10:30	Incorporating Creditors' Seniority in Contingent Claim Models: Application To Peripheral Euro-Area Countries MANISH SINGH (University of Barcelona), Marta Gomez-Puig, & Simon Sosvilla-Rivero
10:30 - 11:00	Economic Growth and Public Debt: An Experimental Approach in Search of a Confidence Channel Luigi Mittone & MATTEO TOMASELLI (University of Trento)
11:00 - 11:30	Coffee Break
Plenary Session 6 Keynote Lecture II Chair: Andreas Peichl
11:30 - 12:30	60 Years after Rome: The Future of Europe and Role of Tax Policy THOMAS HEMMELGARN (European Commission)
12:30 - 13:30	Lunch
Plenary Session 7 Tax Competition Chair: Maximilian Todtenhaupt
13:30 - 14:00	Fiscal Federalism and Tax Competition: A Double-Edged Sword? LUIS PINHEIRO DE MATOS (Cardiff University)
14:00 - 14:30	How will Brexit Affect Tax Competition and Tax Harmonization? The Role of Discriminatory Taxation Clemens Fuest & SAMINA SULTAN (LMU Munich)
14:30 - 15:00	Fiscal Competition and Public Debt Eckhard Janeba & MAXIMILIAN TODTENHAUPT (University of Mannheim and ZEW)
15:00 - 15:30	Improving Tax Collection by Public Shaming: Evidence from Administrative Tax Data Nadja Dwenger & LUKAS TREBER (University of Hohenheim)

15:30 - 15:45	Concluding Remarks & End of Conference