Economics and Finance Seminar Series

Alistair Milne (Professor of Financial Economics, Loughborough University School of Business and Economics): Generalising the Financial Accelerator

This paper nests contrasting versions of the financial accelerator within a common technical framework in which different specifications emerge as special cases, depending on the choice of parameter values.

Alexander Haupt (University of Plymouth): The role of mobility in tax and subsidy competition

In this paper, we analyse the role of mobility in tax and subsidy competition. Our primary result is that increasing 'relocation' mobility of firms leads to increasing 'net' tax revenues under fairly weak conditions. While enhanced relocation mobility intensifies tax competition, it weakens subsidy competition.

Pedro Gomez (Bank of England): Technological change and the composition of taxes and public expenditures

The paper analyses the determinants of four fiscal trends, observed in many developed countries over the past 40 years: a decline in the corporate tax rate and public investment offset by an increase in the labour income tax and government consumption. Within a simple neoclassical growth model with a public sector, we illustrate the interdependency between the two government problems of how to spread the tax burden and how to allocate the spending. We find that investment-specific technological changes account for 80 per cent of the decline of public investment, and around one third of the change in the other instruments.

Shesadri Banerjee (Research Student, Durham University Business School): Inflation Volatility of Advanced and Developing Economies: A New Keynesian Perspective

Inflation volatility, one of the key constituents of inflation dynamics, has not received much attention in the literature. Empirical regularities based on frequency and time domain analyses show that inflation in developing countries is highly volatile in nature, compared to the advanced countries. This stylised fact raises the research question why is inflation more volatile in developing countries than advanced countries.

Marie Kratz (ESSEC Business School, Paris): There is a VaR beyond usual approximations

Abstract: A normal approximation is often chosen in practice for the unknown distribution of the yearly log returns of financial assets, justified by the use of the CLT, when assuming aggregation of iid observations in the portfolio model.

Dr Piercarlo Zanchettin, University of Leicester: Speculative Profits, Innovatin and Growth

It is sometimes argued that innovators could be rewarded by speculative profits only. The idea is that technological change affects the prices of various assets traded in the economy, and that innovators can capture the pecuniary effects of their innovations thanks to their inside information.

Dr Flip Klijn (Institute for Economic Analysis, Spain): Asymmetrically Fair Rules for an Indivisible Good Problem with a Budget Constraint

Abstract: We study a particular restitution problem where there is an indivisible good (land or property) over which two agents have rights: the dispossessed agent and the owner. A third party, possibly the government, seeks to resolve the situation by assigning rights to one and compensate the other. There is also a maximum amount of money available for the compensation. We characterize a family of asymmetrically fair rules that are immune to strategic behavior, guarantee minimal welfare levels for the agents, and satisfy the budget constraint.

Professor Subhash C. Ray (University of Connecticut, Storrs, USA): Productivity Change over Time and the Dynamics of Cost Competitiveness: A Nonparametric Analysis of U.S. Manufacturing Data

Abstract: Firms within a state, states within a country, and countries across the world are continuously striving to enhance their competitiveness in the present age of globalization. This paper defines competitiveness of a production unit as the relative cost of production per unit of output.

Dr Ian Jewitt (Economics Department and Nuffield College, Oxford University): Adverse Selection and Market Efficiency with Unobserved Heterogeneity and Multidimensional Information

An Economics and Finance Research Seminar.

David Offen and Qingrui Meng from Cityindex: Trading Global Financial Markets

Financial markets are no longer accessible purely to large financial institution but are now available to the average individual via a click of a button through a variety of CFD and Spread Bet providers. In this seminar, David Offen, Global Head of Risk at City Index, and Qingrui Meng, a recent Durham PhD graduate who joined the Risk team at City Index in early 2012, will talk through the evolution of the retail CFD and spread bet markets.

Michèle Breton (HEC, Montreal): Great Fish Wars with Asymmetric Players

An Economics and Finance Research Seminar.

Dr Monica Singhania (University of Delhi): Strategic and Financial Turnaround of an Indian Organisation

Barely a decade before, recommendations in various forms like restructuring/corporatizing, reform, reorganization, increasing second class passenger fares steadily, unbundling of non-core activities, downsizing, and outsourcing was suggested for Indian Railways by various management experts and it was declared that only certain major reform could lend a helping hand to pull out IR from the deep pit. 

Lavan Mahadeva (Oxford Institute for Energy Studies): Assessing the Financialization Hypothesis

The main objectives of this paper are to assess whether financialization can impact oil market behaviour over and above structural fundamental changes and whether these changes affect final consumers’ welfare.

Professor Tim Barmby (Aberdeen Business School): Bingtale, Fathomtale and other (Economic) tales of Lead Mining life in 19th Century Allendale

An Economics and Finance Research Seminar.

Dr Monique Ebell (London School of Economics and Political Science): Dual-Earner Households and the Cycle

Abstract  This paper proposes a small set of straightforward and empirically well-founded extensions to the canonical Real Business Cycle model: households with two adults, heterogeneous productivities and fixed costs to working for the second earner.

Tom-Reiel Heggedal (Norwegian Business School): Knowledge Spillovers in Competitive Search Equilibrium

Abstract: Do firms have the right incentives to innovate in the presence of spillovers? This paper proposes an explicit channel of spillovers through labor flows within a framework of competitive search.

Professor Stephen Millard, Bank of England and Durham Business School: Oil shocks and the UK economy: the changing nature of shocks and impact over time

In this paper we examine how the impact of oil price movements on the UK economy differs depending on the underlying source of the shock, that is, whether the oil price has been driven by a supply, or demand, disturbance. 

Professor Yuichi Furukawa (Chukyo University): Chaotic Industrial Revolution Cycles and Intellectual Property Protection in an Endogenous-Exogenous Growth Model

This study builds a dynamic macroeconomic model in which industrial revolutions occur cyclically due to the interaction between endogenous and exogenous growth factors.

G. Chevillon (Essex Business School) and S. Mavroeidis (University of Oxford): Learning generates Long Memory

Abstract:  We consider a prototypical representative-agent forward-looking model, and study the low frequency variability of the data when the agent's beliefs about the model are updated through linear learning algorithms.

Prof Ana-Maria Fuertes (Cass Business School): Trading Hours, Non-Trading Hours and Daily Value-at-Risk Limits for Equity Portfolios

An Economics and Finance research seminar.

Ngo Van Long (McGill University, Canada): Capital-Labor Substitution, Structural Change and Growth (with Francisco Alvarez-Cuadrado)

Abstract: There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with  the well-known Kaldor  facts, with systematic changes  in the relative  importance of each sector, consistent with the Kuznets facts. Although variations in the income elasticity of demand across goods played an important role in the initial attempts, recent models stress the role of supply-side factors in this process of structural change.

Professor Giuseppe di Vita, University of Catania, Italy: paper title to be confirmed

An Economics and Finance research seminar.

Professor Paola Giuliano (UCLA Anderson School of Management): paper title to be confirmed

An Economics seminar.

Prof Neil M Kellard (Essex Business School): Close Connections: Hedge Funds, Brokers and the Emergence of a Consensus Trade

Rick Vinod (Fordham University): 'Constructing Scenarios of Time Heterogeneous Series for Stress Testing'

Heterogeneous global trends in asset prices and savings affect the macro economy. Our challenge is to use limited data to make inference regarding underlying causes. In general, government and business decision makers, FDIC type regulators and risk professionals need quantitative tools to help generate plausible scenarios of state-dependent and time heterogeneous nonstationary time series.

Dr Abhijit Ramalingam (UEA): Broken punishment networks in public goods games: experimental evidence

Dr Abhijit Ramalingam is a member of the School of Economics and Centre for Behavioural and Experimental Social Science, University of East Anglia. His research interests include employment contracts and behavioural and experimental economics.

Simon Derrick (Bank of New York Mellon): Eurozone Crisis and the Prospect for Future Growth

Simon Derrick is a managing director of The Bank of New York Mellon and is head of the bank's Currency Strategy team. Simon established the team over a decade ago and has been responsible for its development into one of the pre-eminent voices in the FX markets. His views on Chinese currency policy matters and on developments within the Euro-zone are frequently quoted in the financial media.

Zhewei Wang (School of Economics, Shandong University): 'Reverse' Multi-Winner Nested Lottery Contests: Microfoundation and Equilibrium

Abstract: This paper proposes a "reverse" mulit-prize nested lottery contest model, which pick winners indirectly by excluding losers directly. The contest model can be viewed as a "mirror image" of the conventional nested lottery model proposed by Clark and Riis (1996).

Dr Dimitrios Varvarigos (University of Leicester): Corruption, Fertility, and Human Capital

(paper with Arsenis Panagiotis). An Economics and Finance research seminar.

Prof Alan Gregory (Exeter University Business School): Do markets value CSR (corporate social responsibility) activity

An Economics and Finance research seminar.

Professor Michael Brennan (UCLA Anderson School of Management): Predicting the market using information from equity portfolio returns

In this paper we provide new evidence on the predictability of aggregate stock market returns, and new time series of the expected excess returns on common stocks. We extract aggregate discount rate news from equity portfolio returns and use this information to construct estimates of expected excess market returns. 

Prof Steven Ongena (Tilburg School of Economics and Management)

An Economics and Finance research seminar.

Christoph Thoenissen (Victoria University of Wellington): Financial intermediation and the international business cycle: The case of small countries with big banks

An Economics and Finance research seminar.

Dr Nicholas Vikander Team-Based Incentives in Problem-Solving Organizations

This paper investigates a repeated employment relationship between a principal and agents hired to solve a series of problems. We show that under relational contracts, the principal prefers team to individual incentives whenever problems are difficult to solve and the cost of effort is moderate.

Tim Worrall (Manchester University): Dynamic relational contracts under risk aversion (joint with Jonathan Thomas)

An Economics and Finance Research Seminar.

Professor Robert Sauer (University of Bristol): Does it Pay for Women to Volunteer?

An Economics and Finance research seminar. Paper abstract will be available in due course.

Dr Ioanid Rosu (HEC Paris): High-Frequency Traders, News, and Volatility

An Economics and Finance research seminar.

Prof Sergei Levendorskiĭ (University of Leicester): The effects of ambiguity on strategic investment

An Economics and Finance Research Seminar. 

Dr Marco C.K. Lau (Economics and Administrative Sciences, Zirve University): 'Hedging China's Energy Oil Market Risks'

Shubhabrata Das (Indian Institute of Management, Bangalore): Fuzziness in human response due to scale, respondent or attribute

When a product or performance is rated or a behavioural response is sought, the alternatives typically do not have well-defined and universally understood demarcations. The resultant fuzziness in response depends, among other factors, on the number of options available to the respondent and this vagueness is quantified here.

Prof Ba Chu (Carleton University): On Weighted Convergence of Partial-Sum Processes for Time Series with Applications to Nonparametric Change-Point Tests

Abstract: This paper studies the weighted convergence of partial-sum processes for strictly stationary time series, effectively extending the existing results proved for sequences of i.i.d. random variables and moving-averages, by making use of a functional Hungarian construction for sums of independent random variables.

Prof Douglas Cumming York University (Schulich School of Business, Toronto, Canada): Entrepreneurial Litigation and Venture Capital Finance & Publicly Funded Business Advisory Services and Entrepreneurial Outcomes

Zafeira Kastinaki (Imperial College London): Innovation, Knowledge Spending and Productivity Growth in the UK

An Economics and Finance research seminar.

Dr Sanjit Dhami (Leicester): Composite Prospect Theory: A proposal to combine prospect theory with cumulative prospect theory

Abstract: Evidence suggests three important stylized facts, S1, S2a, S2b.

Dr Gao Ning (Manchester Business School): title to be confirmed

An Economics and Finance Research Seminar.

Dr Giammario Impullitti (Cambridge University): Innovation Races, Offshoring and Wage Inequality

Abstract: The US position as the global leader in innovation is increasingly challenged by foreign competition in the 1970s and 1980s. In those years we also observe a substantial increase in the US skill premium and residual inequality.

Byung-Yeon Kim (Seoul National University): Are the Markets Afraid of Kim Jong-Il?

Abstract: We perform event analysis on particular episodes of the tension in the Korean peninsula between 2000 and 2008 and investigated their effect on South Korean financial markets (stock markets, bond yield spreads and the exchange rate) given that South Korea would be the first affected by a military aggression from North Korea.

Neil Rankin (University of York): The Effectiveness of Government Debt for Demand Management: Sensitivity to Monetary Policy Rules

Abstract: We construct a staggered-price dynamic general equilibrium model with overlapping generations based on uncertain lifetimes. Price stickiness plus lack of Ricardian Equivalence could be expected to make an increase in government debt, with associated changes in lump-sum taxation, effective in raising short-run output.

Kalaitzoglou Iordanis (Heriot-Watt University): Does Order Flow in the European Carbon Allowances Market Reveal Information?

Abstract: This paper uses the ratio of trade size per unit of time to measure the level of trading intensity in the carbon market.

Professor Lucas Bretschger (ETH Zurich)

We study long-run growth in a multi-sector economy with non-renewable resource use and endogenous innovations.

Dr Stephen Millard (Bank of England): A New Keynesian model with flexible and sticky price sectors

Professor Rashad Abdel-Khalik (Illinois): CEO Risk Preference and Investment in R&D

An Economics and Finance Research Seminar.

Professor Vincenzo Denicolo' (university of Bologna)

An Economics and Finance Research Seminar. Paper title to be announced.

Dr Oleksandr (Sasha) Talavera (University of East Anglia): Corporate Liquidity Management and Future Investment Expenditures

Economics and Finance research seminar.

Professor Weimin Liu (Nottingham University): Liquidity risk and asset pricing: Evidence from daily data, 1926–2009

Abstract: Using the new CRSP compilation of daily trading volume data from 1926 to 1962, this paper conducts a detailed analysis of liquidity from 1926 to 2009. Among the six liquidity measures examined, the trading discontinuation proxy performs the best.

Dr Dylan Sutherland (Nottingham University): 'Do China's National Team Business Groups Undertake Strategic-Asset-Seeking OFDI?'

Research theme: International Business. Full abstract to follow.

Alexander Kovalenkov (University of Glasgow): Competitive Rational Expectations Equilibria Without Apology

Abstract: In a standard financial market model with asymmetric information with a finite number N of risk-averse informed traders, competitive rational expectations equilibria provide a good approximation to strategic equilibria as long as N is not too small: equilibrium prices in each situation converge to each other at a rate of 1=N as the market becomes large.

Professor Federico Etro (University of Venice): The Market for Paintings in Italy during the XVII Century

An Economics and Finance Research Seminar.

Dr Kostas Stathopoulos (Manchester Business School): 'Managerial Career Concerns'

Abstract: This paper provides strong empirical evidence on the effect of CEO conservatism in the incentives-risk relationship. In line with early theoretical work, we argue there is a trade-off between CEO risk aversion and wealth effects. We show that when risk aversion dominates, CEOs reduce firm risk, even in the presence of strong risk taking incentives.

Prof Christian Ghiglino (University of Essex): Strategic Information Transmission in Networks

An Economics and Finance Research Seminar.

Professor Craig Gundersen (University of Illinois): The Impact of the National School Lunch Program on Child Health: A Nonparametric Bounds Analysis

Abstract: Children in households reporting the receipt of free or reduced price school meals through the National School Lunch Program (NSLP) are more likely to have negative health outcomes than eligible nonparticipants.

Professor Pietro Peretto (Duke University): Resource Wealth, Innovation and Growth in the Global Economy

Professor Tao Zhu (University of Glasgow and HKUST Business School): Partial monitoring, report trading, and cooperation

An Economics and Finance Research Seminar.

Emmanuel Haven (Leicester School of Management)

Applications of physics in finance: a survey. An Economics and Finance Research Seminar.

Economics and Finance Research Seminar

Maria Teresa Marchica and Roberto Mura from Manchester Business School. Paper title tbc.

Economic and Finance Research Seminar

Angus Chu from the Institute of Economics, Academia Sinica: The Welfare Cost of One-Size-Fits-All Patent Protection.

Economics and Finance Research Seminar: Professor Jan Wenzelburger, Keele University

Interest Rate Policy and the Stability of Banking Risk.

Economics research seminar: Dipjyoti Majumdar (Concordia, Montréal)

Gabriel Talmain (University of Glasgow): Nelson-Plosser Revisited: the ACF Approach

Paper presented as part of the Economics and Finance Research Seminar Series.

Kenneth Davies, Head of Global Relations, OECD: Meeting the challenge of globalisation: the OECD's role in promoting internatinal investment for development

Bert d'Espallier (Catholic University of Leuven): 'Investment-cash flow sensitivities or cash-cash flow sensitivities? Applications of a methodological framework based on firm-level estimation'

An Economics and Finance Research Seminar.

Marina Spaliara (Loughborough University): The role of bond finance in firms' survival during the Asian crisis

Economics and Finance Research Seminar.

Yves Balasko (University of York): On the Stability of Non-Sunspot Equilibria

An Economics and Finance Research Seminar.

Research Seminar: Yves Balasko (University of York). Paper title tbc.

Mariassunta Giannetti (Stockholm School of Economics): “On the Real Effects of Bank Bailouts: Micro-Evidence from Japan”

An Economics and Finance Research Seminar.

Research Seminar: Stephen Millard (Bank of England): Wage rigidities in an estimated DSGE model of the UK labour market

An Economics and Finance Research Seminar.

Research Seminar: Professor Rodríguez-Mora (University of Edinburgh): Who's Afraid of a Globalized World?

An Economics and Finance Research Seminar.

Mark Freeman (Bradford School of Management): Far horizon discount rates

Economics and Finance Research Seminar.

Research Seminar: Steve Cassou (Kansas State University). Paper title tbc.

Richard Cornes (Australian National University): 'The Scope of Aggregative Games'

The Scope of Aggregative Games.

Economics and Finance Research Seminar

Peter Hammond (University of Warwick): 'Aberrant events, enlivened decision trees, and the precautionary principle'.

Economics and Finance Research Seminar

Laurence Copeland (Univeristy of Cardiff): The Credit Risk Premium in a Disaster-Prone World.

Economics and Finance Research Seminar

Stephen Millard, Bank of England: Understanding the monetary transmission mechanism in the United Kingdom: The role of nominal and real rigidities.

Economics and Finance Research Seminar

Bill Blankenau Kansas State University: Government Education Expenditures in Early and Late Childhood.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar

Tim Bamby (University of Aberdeen): An Empirical Analysis of the Peter Principle.

Economics and Finance Research Seminar

Stephen Toms (York Management School): Business Risk, Financial Risk and the Determinants of Beta: Some UK Evidence.

Economics and Finance Research Seminar

Dr Adel Ahmed (Leeds Metropolitan University): The Global Financial Crisis: Islamic Finance Perspective.

Economics and Finance Research Seminar

Professor Indraneel Dasgupta: Probabilistic supply theory without profit-maximization.

Economics and Finance Research Seminar

Dr Khaled Hussainey (Stirling University): The Effects of Voluntary Disclosure and Dividend Propensity on Prices Leading Earnings.

Economics and Finance Research Seminar

Paul Levine (University of Surrey): Monetary and Fiscal Rules in an Emerging Small Open Economy.

Economics and Finance Research Seminar

Sayantan Ghosal (University of Warwick): Moral Hazard and Financial Crisis.

Economics and Finance Research Seminar Series

Peter Sinclair (University of Birmingham): Analysing the Credit Crunch and Policy Options for Fighting It.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar Series

Laura Povoledo (UWE): The Volatility of the Tradeable and Nontradeable Sectors: Theory and Evidence.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar Series

Mike Nolan (University of Hull): Value of Work: Bargaining, job-satisfaction and taxation in a simple GE model.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar Series

Xiaoquan Liu (University of Essex): An empirical investigation of option pricing models.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar Series

Guido Cozzi from University of Glasgow: "Then Render to Caesar the Things that are Caesar's ... Common Law, IPR evolution, and the Dynamic Path of Innovation.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar Series

Sugata Mitra (Newcastle University): Technology, Pedagogy and Economics of a new primary education for children in disadvantaged areas.

Contact a.n.banerjee@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar Series

Tessa Bold (Oxford University): "Implications of Endogenous Group Formation for Efficient Risk-Sharing.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Research Seminar

Arnab Bhattacharjee (St Andrews): Taking Personalities out of Monetary Policy Decision Making? Interactions, Heterogeneity and Committee Decisions in the Bank of England’s MPC.

Contact parantap.basu@durham.ac.uk for more information about this event.

Sergei Sarkissian (McGill University): Flight-to-Liquidity and Global Equity Returns.

Sergei Sarkissian presents his research paper as part of the Economics and Finance Research Seminar Series.

Professor Jan Potters (Tilburg University).

Professor Potters presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Seminar Series

Sanjay Banerji, University of Essex presents his working paper as part of the Economics and Finance Research Seminar Series.

Jenny Ligthart (Tilburg University)

Professor Ligthart presents her working paper as part of the Economics and Finance Research Seminar Series.

Professor Simon Gaechter (University of Nottingham)

Professor Gaechter presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Professor Brendan McCabe (University of Liverpool): 'Stochastic Cointegration: A Semi-Parametric Framework for dealing with Excess Volatility'

Professor McCabe presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Professor Sean Holly - EVENT CANCELLED

Unfortunately this seminar has been cancelled due to speaker illness.

Contact parantap.basu@durham.ac.uk for more information about this event.

Dr Rohit Rahi (LSE)

Dr Rahi presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Dr Anindya Bhattacharya (University of York)

Dr Bhattacharya presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Professor Christian Keuschnigg (Oxford and University of St Gallen)

Professor Keuschnigg presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Professor Morrissey - EVENT CANCELLED

Due to unforeseen circumstances, this presentation has been cancelled. We apologise for any inconvenience.

Contact parantap.basu@durham.ac.uk for more information about this event.

Dr Christoph Thoenissen: Exchange Rate Dynamics, Asset Market Structure and Trade Elasticities

Dr Thoenissen (University of St Andrews) presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Professor Tim Worrall: Contracting and Self Enforcing Dynamics

Professor Worrall (Keele University) presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Dr Jean-Yves Pitarakis (University of Southampton)

Dr Pitarakis presents his research paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Hans Hvide: Liquidity Constraints and Entrepreneurial Performance

Hans Hvide (University of Aberdeen) presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Professor Raman Uppal: Equilibrium Portfolio Strategies in the Presence of Investor Sentiment and Excess Volatility

Professor Uppal (London Business School) presents his working paper as part of the Economics and Finance Research Seminar Series.

Professor Karim Abadir (Imperial College London)

Professor Abadir (Imperial College London) presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Dr Alex Michaelides: Asset Pricing with Limited Risk Sharing and Heterogeneous Agents

Dr Michaelides (London School of Economics) presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Professor Patrick Minford: Are the facts of UK inflation persistence to be explained by nominal rigidity or changes in monetary regime?

Professor Minford from the University of Cardiff presents his working paper as part of the Economics and Finance Research Seminar Series.

Contact parantap.basu@durham.ac.uk for more information about this event.

Economics and Finance Seminar

Professor Garry Phillips from the University of Exeter leads the seminar. Title TBA.

Taxes and Employment Subsidies in Optimal Redistribution Programs

Chuck Blackorby from the University of Warwick leads this week's Economics and Finance seminar.

Economics and Finance Seminar

Gilles Chemla from Tanaka Business School (Imperial College London) leads the seminar. Title TBA.

Economics and Finance Seminar

Kaushik Basu from Cornell University leads this seminar. Title TBA.

Economics and Finance Seminar

Bhaswar Moitra from Jadavpur University leads this seminar. Title TBA.

Economics and Finance Seminar

Professor Bhaskar Dutta of the University of Warwick leads the seminar. Title TBA.

Economics and Finance Seminar

Bilge Yilmaz from Wharton Business School will lead the seminar. Title TBA.

Economics Guest Speaker

Max Gillman, Cardiff University. Title to be confirmed. Title to be confirmed. Further details are available from the guest speaker website.

Economics Guest Speaker

Denis Gromb, London Business School. Title to be confirmed. Further details are available from the guest speaker website.

Economics Guest Speaker

Valentino Larcinese, London School of Economics. Title to be confirmed. Further details are available from the guest speaker website.

Economics Guest Speaker

Thomas Gaube, University of Vienna: 'Lottery Financing of a Public Good: Does Group Size Matter?'. Further details are available from the guest speaker website.

Economics Guest Speaker

Miguel Costa-Gomes, University of York. Title to be confirmed. Further details are available from the guest speaker website.

International Asset Pricing and Time-Varying Risk Premiums

Speaker: Alex Stremme, Warwick Business School

Economics and Finance seminar series

Martin Ellison (University of Warwick) (title to be confirmed).

Economics and Finance seminar series

Kasper Nielsen (Copenhagen Business School) (title to be confirmed).

Economics and Finance seminar series

Seppo Honkapohja (University of Cambridge) (title to be confirmed).

Economics and Finance seminar series

Claudio Piga (University of Loughborough ) (title to be confirmed).

Economics and Finance seminar series

Alan Hamlin (University of Manchester) (title to be confirmed).

Economics and Finance seminar series

Sevi Rodriguez-Mora (University of Southampton) (title to be confirmed).

Economics and Finance seminar series

Marieke Huysentruyt (London School of Economics): 'Contracting for Aid: Does Organizational Form Matter?'

Economics and Finance seminar series

Sung-Kyu Lee (Hankuk University, Seoul): 'The Effect of Voters' Benefit Misperceptions on the Tax Policy Making in a General Probabilistic Voting Framework'.