program (doc)

The State of Economics and of Transition
Honoring 10 years of the New Economic School
In Cooperation with
CEFIR, EERC, SITE, and WDI
December 19-21: Hotel Renaissance, Moscow

Supported by Eurasia Foundation, Ford Foundation, HESP,
Institute for Financial Studies and World Bank

December 19 - 20 - 21, 2002

Hotel Renaissance, Moscow

Preliminary program

Thursday, December 19:

17:45: Registration (Foyer Ground Floor)
18:30: Opening Dinner (Odessa): (Introductions by EERC, CEFIR-SITE, WDI, NES

20:00: Keynote (Theatre): Stanley Fischer "Globalization and its Challenges" (pdf, slides (ppt))

Friday, December 20:

8:30 - 9:00: Registration, Welcome Coffee (Congresshall A&B)

Morning: Parallel Sessions:

Session 1: International Economics (Theatre)

Chair: Benjamin Bental (Haifa University)
Papers:

Ksenia Yudaeva (CEFIR): "WTO Membership and Productivity (or Wages)"(pdf)
David Tarr (World Bank): "Economy-Wide and Sector Impacts of Russia's Accession to the WTO"(pdf),(presentation, ppt)
Galina Hale (Yale University): "Emerging Markets International Debt"(pdf),(presentation, pdf)
Shlomo Weber (Southern Methodist University):" The Political Economy of Integration and Disintegration"(pdf)

9:00 - 10:45: Session 2: Topics in Labor Economics (Tashkent)

Chair: Alastair McAuley (Essex)
Papers:

Irina Denisova (CEFIR): "Staying Longer in Unemployment Registry in Russia: Lack of Education, Bad Luck or Something Else?"(pdf)
Hartmut Lehman (Heriot-Watt University):"Job Creation and Job Destruction in Transition: What do we know, what should we know?"(pdf)
David Brown (Heriot-Watt University): "Job Reallocation and Productivity Growth under Soviet Socialism and in the Russian and Ukrainian Transitions"(pdf)
Klara Sabrianova (WDI):"Compensating Differentials in Emerging Labor and Housing Markets: Estimates of Quality of Life in Russian Cities"(pdf)

10:45 - 11:15: Coffee Break (Congresshall A&B)

11:15- 13:00:

11:15 - 13:00: Session 3: Institutions and the Rule of Law (Theatre)
Chair: Amos Witztum (London Guildhall)

Papers:
Dan Berkowitz (University of Pittsburgh), Johannes Moenius and Katharina Pistor: "The impact of the quality of institutions on the flow of Complex and Simple goods across countries" (pdf)
Erik Berglof (SITE) and Patrick Bolton: "Financial Development, Fiscal Responsibility, and Rule of Law" (pdf)
James Leitzel (College at the University of Chicago) and Michael Alexeev (Iindiana): "Racial Profiling"(pdf)
Sergei Stepanov (ECARES): "Investor Protection, Going Public, and Separating Control from Cash-Flow Rights"(pdf)

11:15 - 13:00: Session 4: Income Distribution and Social Policy (Tashkent)
Chair: Tatyana Maleva (Independent Institute for Social Policy)

Papers:
Stanislav Kolenikov (University of North Carolina at Chapel Hill) and Anthony F.Shorrocks (UNU/WIDER): "Regional poverty in Russia: Is it geography or economics that Matter?"(pdf)
Judith Shapiro (NES):"Economics of Health and the Transition"
Ekaterina Zhuravskaya (CEFIR): "Political Cycles in Russian Regions"(pdf)
Tatiana Kirsanova (University of Exeter):"A Comparison of Personal Sector Saving Rates in the UK, US and Italy"(pdf)

13:00 - 14:15: Lunch (Vienna Cafe, Gorky, Minsk)

Afternoon: Plenary sessions

14:15 - 16:15: Plenary Session One (Theatre):
Chair: Barry W. Ickes (The Pennsylvania State University and NES)

Papers:
Ariel Pakes (Harvard University): "Recent Developments in Applied Industrial Organization" (pdf)
Phillipe Aghion (Harvard University): "Growth, Productivity and Interdependence"

16:15 - 16:45: Coffee Break (Congresshall A&B)

16:45 - 18:45: Plenary Session Two (Theatre):
Chair: Revold Entov (IMEMO)

Papers:
Ariel Rubinstein (Tel Aviv University): "Some Comments on Game Theory, Behavioral Economics and Bounded Rationality"
Joel Mokyr (Northwestern University) : "Gifts of Athena: Historical Origins of the Knowledge Economy"(pdf)

19:00: Formal dinner: 10 years of NES (Odessa)

Saturday, December 21

8:30 - 9:00: Registration, Welcome (Coffee Foyer 4th Floor)

Morning: Parallel Session

9:00 - 10:45: Session 5: Topics in Transition Economics (Theatre):
Chair: Brigitte Granville (Chatham House)

Papers:
Victor Polterovich (NES, CEMI): "Civic Culture and Economic Transition in Russia"(pdf)
Leonid Polischuk (University of Maryland): "The Evolving Demand for Institutions in Transition Economies"(pdf)
Sergei Guriev (NES) and Guido Friebel (Toulouse): "Illegal Migration and Human Trafficking"(pdf)
Andrei Rachinsky (CEFIR): "Self-enforced Corporate Governance Mechanisms: Evidence from Managerial Turnover in Russia"(pdf), presentation(ppt))

9:00 - 10:45: Session 6: Topics in Public Economics (Congresshall A&B):
Chair: Oren Sussman (Oxford)

Papers:
Beth Allen (University of Minnesota):"On the Game-Theoretic Foundations of DFM"
Alexander Matros(University College London) : "Private Provision of Public Goods in the Local Interaction Model"(pdf) ( presentation, pdf)
Andrei Sarichev (LSE): "Aggregate Collateral in a Dynamic Perspective"
Elena Loukoianova (IMF):" A Real Time Tax Smoothing Based Fiscal Policy Rule"(pdf)

10:45 - 11:15: Coffee Break (Foyer 4th Floor)

11:15 - 13:00: Session 7: Topics in Comparative Macroeconomics (Theatre):
Chair: Francesca Cornelli (LBS)

Papers:
Anna Pavlova (MIT), S. Basak and A. Shapiro: "Offsetting the Incentives: Benefits of Benchmarking in Money Management" (pdf)
Sergei Izmalkov (MIT): "Efficient Open Ascending Price Auctions"(pdf)
Andrei Simonov (The Stockholm School of Economics): "Do Investors Hedge? Stock Market Participation and Hedging" (pdf)
Konstantin Sonin (NES): "Information Revelation and Efficiency in Auctions"(pdf)

11:15 - 13:00: Session 8: Finance and Auction Theory (Congresshall A&B):
Chair: Christoff Reuhl (World Bank)

Papers:
Andrew Warner (Harvard): "International Wage Determination and Globalization" (ppt)
Vladimir Popov (NES): "Accumulation of Foreign Exchange Reserves and Long Term Economic Growth"(paper (pdf),charts(pdf))
Kirill Sossunov (NES):"The Dutch Disease: a Calibration Experiment for Russia"(pdf)
Oleg Zamulin (NES): "Estimating Price Rigidities in the Russian Real Estate Markets"(pdf, slides(pdf))

11:15 - 13:00: Session 9: Topics in Econometrics (Moscow & St. Petersburg):
Chair: Bronwyn Hall (Berkeley)

Papers:
Konstantin Tiurin (Indiana): "Modeling High-Frequency Dynamics of Emerging Financial Markets in a Nonstationary Environment"(pdf)
Alexei Onatski (Columbia): "Modeling Model Uncertainty"(pdf)
Stanislav Anatoliev (NES): "Bootstrap Inference in Multi-Period Prediction Problems"(pdf)

13:00 - 14:15: Lunch (Vienna Cafe, Gorky, Minsk)

Afternoon: Plenary Sessions

14:15 - 16:15: Plenary Session Three (Theatre):
Plenary Three
Chair: Reuben Grunau (Hebrew University)

Papers:
Daniel Hamermesh (Texas): "Using Subjective Outcomes in (labor?) Economics" (pdf)
Gerard Roland, (Berkeley): "Political Economics"
Suzanne Scotchmer (Berkeley): "The Political Economy of Intellectual Property Rights"(ppt)

16:15 - 16:45: Coffee Break (Foyer 4th Floor)

16:45 - 19:30: Round Table: Post Crisis Russia (Theatre):

Keynote Speaker: Yegor Gaidar (IET) >>> (rus)

Roundtable Participants:

Arkady Dvorkovich (Ministry of Economic Development and Trade)
Richard Ericson (Columbia)
Evgeny Gavrilenkov (Troika Dialog)
Barry W. Ickes (Penn. State and NES)
Andrei Illarionov (Economic Adviser to the President of Russia)
Oleg Viugin (Central Bank of Russia)