Final Program of the INFER Annual Conference

5-7 September 2018, University of Göttingen



September 5th 2018  
9:00 – 15:00 INFER Board Meeting (Board members only) Oeconomicum (2.157)
15:00 – 16:00 Registration & Coffee Theologicum
16:00 – 18:00 Parallel sessions A Theologicum
18:15 – 18:30 Welcome Address Hörsaal AUDI 11
18:30 – 19:30 Invited Lecture: Beata Javorcik

(University of Oxford)

“Trade Shocks and Firms: Neglected Margins of Adjustment”

Hörsaal AUDI 11
20:00 – 22:00 20th INFER Anniversary Celebration & Cocktail Hörsaal AUDI 11
September 6th 2018
08:30 – 09:00 Registration Theologicum
09:00 – 11:00 Parallel sessions B Theologicum
11:00 – 11:30 Coffee break Theologicum
11:30 – 13:00 Parallel sessions C Theologicum
13:00 – 14:30 Buffet Lunch Theologicum
15:00 – 17:00 Parallel sessions D Theologicum
17:00 – 17:30 Coffee break Theologicum
17:45 – 18:45 Invited Lecture: Simon Gaechter                    (University of Nottingham)

“The Complementarity of Good Institutions and Voluntary Cooperation: Experimental Evidence from 43 Societies”

Hörsaal AUDI 11
18:45 – 19:45 INFER General Meeting (Members only) Hörsaal AUDI 11
20:00 Gala Dinner Kartoffelhaus
September 7th 2018
09:00 – 11:00 Parallel sessions E Theologicum
11:00 – 11:30 Coffee break Theologicum
11:45 – 12:45 Invited Lecture: Paul Heidhues

(DICE, University of Düsseldorf)

“Browsing versus Studying: A Pro-Market Case for Regulation”

Hörsaal AUDI 11
12:45 – 13:15 Farewell Hörsaal AUDI 11
13:30 – 15:30 Buffet Lunch  and City Tour Central Mensa Göttingen City Center (starting at Audimax)


Parallel sessions

Session Room in Theologicum
Parallel Sessions A: 
International Trade and Business (SS1) A.1 TO.133
Macroeconomic Policies A.2 TO.134
Fiscal Policy (SS2) A.3 TO.135
Parallel Sessions B:
Environmental Regulations (SS3) B.1 TO.133
Monetary Policy B.2 TO.134
Globalization and FDI B.3 TO.135
Energy and Environmental Economics (SS4) B.4 TO.136
Parallel Sessions C:
Mixed session (international trade, development economics) C.1 TO.133
Monetary Economics C.2 TO.134
Individual preferences C.3 TO.135
Microeconomics C.4 TO.136
Parallel Sessions D:
Principal-agent and group behaviour D.1 TO.133
Regional Economics D.2 TO.134
Violent Conflicts (SS5) D.3 TO.135
Energy and Natural Resources (SS6) D.4 TO.136
Parallel Sessions E:
European Integration E.1 TO.133
Finance E.2 TO.134
Public Economics E.3 TO.135
Development Economics II E.4 TO.136

Special Sessions (SS) Organizers:

SS1                  Mihai Mutascu and Sami Dakhlia

SS2                  Cristina Badarau and Andreea Stoian

SS3                  Inma Martinez-Zarzoso, Thais Nunez-Rocha and Camelia Turcu

SS4                  Camelia Turcu and Xavier Galiegue

SS5                  Hannes Mueller

SS6                  Pedro Cerqueira, Ioannis Kostakis and Christian Oberst

Session Chairs and Discussants

  • The last presenter in a session will act as chair (except for the Special Sessions).
  • Each presenter will discuss the paper of the previous presenter in their session before presenting their own paper (the first presenter will discuss the last paper).
  • Presenters should send their paper to their discussant, else discussants are invited to contact presenters to obtain the latest version of their paper.
  • Discussions are limited to 5 minutes and take place before general audience questions.


Parallel Sessions A

Presenter Title Author list Session
Siranova Getting the Measures of Trade Misinvoicing Right: Bilateral Panel Data Approach Daniel Dujava; Faculty of National Economy, University of Economics in Bratislava
Maria Siranova; Institute of Economic Research SAS
Mertens Labor Market Power and the Distorting Effects of International Trade Matthias Mertens; Halle Institute for Economic Research A.1
Cheng Trade Liberalization and Economic Development: Evidence from China’s WTO Accession Wenya Cheng; University of Glasgow A.1
Bruns Errors and Biases in Reported Significance Levels: Evidence from Innovation Research Stephan B. Bruns, University of Göttingen A.1
Nath Equity Pricing in New Keynesian Models with Nominal Rigidities and Investment Rahul Nath; University of Oxford A.2
Sanz-Morales The confidence effect on output Peter Claeys, Helena Sanz-Morales; Vrije Universiteit Brussel


Marakbi Corruption and inflation : a reassessment Reda Marakbi; LEO – University of Orleans A.2
Bökemeier Does it Pay to Fulfill the Maastricht Convergence Criteria? Reflections on the Public Debt and Growth Nexus for selected European Economies Bettina Bökemeier; Bielefeld University A.2
Stoian Do Investors Listen to Fiscal Policy? Study Case – Bucharest Stock Exchange Andreea Stoian; Bucharest Academy of Economic Studies
Filip Iorgulescu; Bucharest University of Economic Studies
Carias Cross-Border Spillovers of Macroprudential Policy in the Eurozone Cristina Badarau; Université de Bordeaux

Marcos Carias; Université de Bordeaux

Jean-Marc Figuet; Université de Bordeaux

Gechert Long-term effects of fiscal stimulus and austerity in Europe Sebastian Gechert; Macroeconomic Policy Institute (IMK)
Christoph Paetz; Macroeconomic Policy Institute (IMK)
Turcu On promoting fiscal discipline: the role of exchange rate regimes, fiscal rules and institutions Kady Synthia Keita; LÉO, University of Orléans

Camelia Turcu and Yunzhi Zhang; LEO, University of Orléans



Parallel Sessions B

Presenter Title Author list Session
Nunez Rocha Trade in fuels and environmental regulation: a two-sided story Thais Nunez Rocha; University of Orléans – LEO
Camelia Turcu; University of Orléans – LEO
Martinez-Zarzoso Freedom of the press, inequality, and environmental legislation Inmaculada Martinez-Zarzoso; University of Goettingen B.1
Jaakkola Finders, keepers? Niko Jaakkola Ifo Institut.  Daniel Spiro Uppsala University. Arthur van Benthem University of Pennsylvania B.1
Simões Corruption and economic growth: the case of Portugal Marta C. N. Simões, University of Coimbra B.1
Sapena FH Puzzle in the Eurozone: A time-varying analysis Mariam Camarero; Universitat Jaume I
Juan Sapena Bolufer; Universidad Católica de Valencia
Cecilio Tamarit; University of Valencia
Hory Foreign currency denominated debt and the fiscal multiplier Marie-Pierre Hory; Université d’Orléans. Grégory LEVIEUGE; University of Orleans. Daria Onori; LEO B.2
Hanl The Macroeconomics of Crowdfunding Andreas Hanl; University of Kassel
Benjamin Schwanebeck; Goethe University Frankfurt
Salzmann China’s Economic Slowdown and International Inflation Dynamics Leonard Salzmann; University of Kiel B.2
Ferreira Globalisation and economic growth: A panel data approach Candida Ferreira; ISEG, Universidade de Lisboa B.3
Tusha FDI spillover studies with incomplete datasets: the case of Indonesia Dea Tusha; Utrecht University B.3
Muehlen Structural Transformation in Mexico: What is the Role of FDI? Henning Muehlen; University of Hohenheim B.3
Kis-Katos Foreign investment regulation and firm productivity: Granular evidence from Indonesia Robert Genthner and Krisztina Kis-Katos; University of Goettingen B.3
Voßwinkel Emission Taxes, Firm Relocation, and Quality Differences Jan Voßwinkel; NGU | Nuertingen-Geislingen University
Laura Birg; University of Göttingen
Mutascu Trade openness vs. CO2 emissions in European Union Mihai Mutascu; ESCE International Business School, Paris B.4
Zenker Endogenous Climate Coalitions and Free Trade – Building the Missing Link Thomas Kuhn University of Chemnitz
Radomir Pestow; University of Technology Chemnitz
Anja Zenker University of Technology Chemnitz
Albulescu FDI, income, and environmental pollution in Latin America: Replication and additional findings Claudiu Albulescu; Politehnica University of Timisoara
Aviral Tiwari; Montpellier Business School
Sang Hoon Kang; Pusan National University
Seong-Min Yoon; Pusan National University


Parallel Sessions C

Presenter Title Author list Session
Morales Estimating Vacancies from Firms’ Hiring Behavior: The Case of a Developing Economy Leonardo Morales; Banco de la República C.1
Zhang Break On Through: Trade and Unconditional Aid. Evidence from China Camelia Turcu and Yunzhi Zhang; LEO, University of Orléans C.1
Kruse Standards and Market Power: Evidence from Tunisia Hendrik Kruse, University of Goettingen C.1
Tuluk Negative Interest Rates: How Low is the Effective Lower Bound? Fatih Tuluk; Middle East Technical University Northern Cyprus Campus C.2
Other Disentangling the Information and Forward Guidance Effect of Monetary Policy Announcements on the Economy Lars Other; Friedrich-Schiller-University Jena C.2
Tura-Gawron What are the drivers of consumer inflation expectations in European Union? The results of spatial panel regressions models Karolina Tura-Gawron; Gdansk University of Technology

Maria Siranova; University of Economics in Bratislava

Karol Flisikowski; Gdansk University of Technology

Gaudeul The social preferences of democratically elected decision makers and the conflict between wealth generation and distribution. Alexia Gaudeul; Georg-August-Universität Göttingen
Claudia Keser; Georg-August-University of Göttingen
Cordes On the dynamics and drivers of countercyclical risk aversion Henning Cordes; University of Münster
Sven Nolte; Finance Center Münster
Judith Schneider; Finance Center Münster
Hartmann Can Television Reduce Xenophobia? The Case of East Germany Lars Hornuf; University of Bremen Marc Oliver Rieger; University of Trier Sven Hartmann; IAAEU C.3
Devchoudhury Uncertainty and Polarization: A Dynamic Downsian Model with Preference Uncertainty Kangkan Devchoudhury; Universität Duisburg-Essen C.4
Qiao On the paradox of mediocracy Xue Qiao; Hong Kong Baptist University/ Tsinghua University C.4
Wibral Skewness Expectations and Portfolio Choice Matthias Wibral; Maastricht University C.4



Parallel Sessions D

Presenter Title Author list Session
Khachatryan Competitive Pressure to Cheat: Experimental Evidence of Individuals and Groups Astrid Dannenberg; University of Kassel
Elina Khachatryan; University of Kassel
te Velde Pay that pays: The effectiveness of fixed wages in the social context of the workplace Rosario Macera; Universidad de los Andes
Vera te Velde; University of Queensland
Mueller Betrayal Aversion and the Effectiveness of Incentive Contracts Stephan Mueller; University of Göttingen
Holger Rau; University of Mannheim
Riener Social Context and Moral Decisions: The limits of setting examples Tobias Regner, Friedrich Schiller Universität, Jena

Gerhard Riener; Heinrich Heine Universität Düsseldorf

Delgado The Process of Convergence between the Japanese Prefectures: 1955-2012. Augusto Delgado Narro; Kyushu University D.2
Davalos Does forced eradication spread coca cultivation? Eleonora Davalos; Universidad EAFIT
Leonardo Morales; Banco de la República
Arauzo-Carod Where New Creative Industries Locate? Evidence from French Departments Josep M. Arauzo-Carod and Eva Coll-Martinez, Universitat Rovira I Virgili. Camelia Turcu; LEO D.2
Yamada The Impact of Domestic Migration Policy on Economic Welfare and Air Pollution: A New Spatial Equilibrium Approach for China Eiji Yamada; JICA Research Institute D.2
Ishak Autocratic survival in oil Abundant countries: Does oil make a difference? Phoebe Wasfy Ishak; University of Hamburg D.3
Tapsoba Violence Risk and Infant Mortality Augustin Tapsoba; UAB D.3
Mueller The Hard Problem of Prediction for Conflict Prevention Hannes Mueller; Economics IAE (CSIC) D.3
Randahl Trends in the severity of wars: a mixed-level analysis Havard Hegre; Uppsala University
David Randahl; Uppsala University
Jaupart Aid & Oil: Measuring the Impact of Natural Resources on Chinese Official Finance Inflows using Giant Oil and Gas Discoveries Pascal Jaupart; University of Oxford D.4
Cerqueira The Evaluation of The Energy Security Performance in South America from 1994 To 2015. Jaqueline Vieira; Univ. of Coimbra, Portugal
Patrícia da Silva; Univ. of Coimbra, Portugal
Pedro Cerqueira; Univ. of Coimbra, Portugal
Atasoy Strategic Demand Response to Dynamic Pricing: A Lab Experiment for the Electricity Market Ayse Tugba Atasoy; RWTH Aachen University
Marjolein J.W. Harmsen – van Hout; RWTH Aachen University
Reinhard Madlener; RWTH Aachen University
Oberst Adoption and Cooperation Decisions in Sustainable Energy Infrastructure: Evidence from a Sequential Choice Experiment in Germany Christian Oberst; German Economic Institute (IW)

Marjolein J.W. Harmsen – van Hout, RWTH Aachen University


Parallel Sessions E

Presenter Title Author list Session
Virag Trade integration in the European Union Ildiko Virag, University of Pannonia

Péter Halmai, National University of Public Services

Fakhry Did Brexit Change the Behaviour of the UK’s Financial Markets? Bachar Fakhry; University of Lahore E.1
Kolev Political Economy of Trust in European Institutions Galina Kolev; Cologne Institute for Economic Research E.1
Voicu Production Networks in Europe: A natural experiment of the EU enlargement to the East Anca Voicu; Rollins College. Martina Vidovic, Rollings College

Inmaculada Martínez-Zarzoso, University of Goettingen

Fujiki The use of non-cash instruments for regular payments and the demand for cash by households: Evidence from Japan Hiroshi Fujiki; Chuo University E.2
Lucotte Evolution and heterogeneity of credit procyclicality in Central and Eastern Europe Juan Carlos Cuestas; Eesti Pank – Bank of Estonia,

Yannick Lucotte; LEO & Paris School of Business,

Nicolas Reigl; Eesti Pank – Bank of Estonia

O’Grady Credit Shocks in Good Times and Bad: Structural Identification using an Irish Composite Stress Index Michael O’Grady; Central Bank of Ireland E.2
Fritz Endogenous Local Linear Trend Estimation for Economic Data – An Enhanced Alternative for the Hodrick-Prescott Filter Marlon Fritz; University of Paderborn

Thomas Gries; University of Paderborn

Yuanhua Feng; University of Paderborn

Álvarez-Albelo A calibration of the output elasticity of public capital Carmen D Álvarez-Albelo; Universidad de La Laguna E.3
Sabet The Political Economy of Immigrant Legalisation: Evidence from the 1986 IRCA Navid Sabet; University of Munich
Christoph Winter; University of Munich (LMU)
Thiem Cross-category Spillovers of Economic Policy Uncertainty Christopher Thiem; University of Duisburg-Essen E.3
Birg Soft Drinks, Diet Drinks, and Water: The Sugar Tax and Substitution between Beverages Laura Birg; University of Goettingen E.3
Könings Accounting for Intergenerational Social Mobility in Low- and Middle-Income Countries – Evidence from the Poorest in Ethiopia, India, Peru, and Vietnam Fabian Könings; University of Jena
Jakob Schwab; German Development Institute, DIE
Cassin The effect of migration on development in Caribbean Small Island Developing States: An overlapping generations model Lesly Cassin; Paris Nanterre University E.4
Seitz Constraints to Capital Accumulation: Evidence based on Micro and Small Enterprises Helke Seitz; DIW and University of Hannover E.4
Riener Higher Order Risk: An Application To Savings of the Poor in Bogota Marcela Ibanez; University of Göttingen

Gerhard Riener; Heinrich Heine University Düsseldorf

Sebastian Schneider; Max Planck Institute for Research on Collective Goods