Founded in 1994
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Founded in 1994 |
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ASYMMETRIES IN FINANCIAL GLOBALIZATION CHICAGO, ILLINOIS, USA, May
14, 1999 PROGRAM 8:00a.m. Registration 8:15a.m.
Welcome
by William Bryan, Dean, School of Business, 8:30a.m.- 9:45a.m. Session 1: The Role of Banking in Financial
Globalization George Kaufman, Loyola University Chicago, "Causes and Implications of Systemic Risk in Banking and Currency Crises". Nicola Ceterolli and Michelle Gambera, Federal Reserve Bank of Chicago, "Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data". Theodore Georgakopoulos, The Athens University of Economics and Business, "The Value-Added Tax and the Banking Sector". Thomas Mondschean and Timothy Opiela, DePaul University, "Strategies for Financial Reform in Transition Economies: What Have we Learned?".
9:45a.m.-10:15a.m. Coffee Break 10:15a.m.-11:45a.m. Session 2: The European Monetary Union George Demopoulos, The Athens University of Economics and Business, and Nicholas Yannacopoulos, The University of Piraeus, "The Enlargement of an Optimum Currency Area". George M. von Furstenberg, Indiana University, and David Teolis, General Motors Corporation, "Specification of the Aggregate Supply Side: Calibration for Countries Weighing Accession to a Monetary Union". Bernd Kempa and Michael Nelles, University of Essen, Germany, "The Gains of International Diversification in European Stock Markets and the Role of the EURO". Simon Neaime, American University of Beirut, Christos Paraskevopoulos, York University, and John Paschakis, American University of Beirut, "A Perspective on the Future Dollar-Euro Exchange Rate: Implications for the International Financial Markets". 11:45a.m.-1:45p.m. Luncheon Speaker: William Hunter, Senior Vice President and Director of Research, the Federal Reserve Bank of Chicago: "Global Monetary Reform". 2:00p.m.-3:15p.m. Session 3: The Macroeconomic Dimensions of
the Crisis Alex Kondonassis, The University of Oklahoma and A.G. Malliaris, Loyola University Chicago, "Export-Oriented Growth: Structural and Financial Asymmetries in Asia". Aminesh Ghoshal, DePaul University, "The Sustainability of Current Account Deficits: An Analysis of the Currency Crises of the 1990s". Marc Hayford, Loyola University Chicago, "Devaluation and Recession: What is the Role of the Banking Sector in the Propagation of Devaluation Shocks to the Macroeconomy?" Brenda Spotton, York University, "Electronic Money and Banking—Global Implications". 3:15p.m.-3:45p.m. Coffee Break 3:45p.m.-5:15p.m. Session 4: The Asian Financial Experience Hesna Genay, Federal Reserve Bank of Chicago, "Assessing the Condition of Japanese Banks: How Informative Are the Accounting Earnings?. Nick Lash, Loyola University Chicago, "The Rise and Fall of the Thai Economy". Bala Batavia, DePaul University, "Financial Reform in India". Khairy Tourk, Illinois Institute of Technology, "The Asian Financial Crisis: The Case of Malaysia and Indonesia". S.J. Chang, Illinois State University, and Jin Choi, DePaul University, "Political Economy Of the 1997 Korean Financial Crisis". 5:30p.m. Closing Remarks by Chris Paraskevopoulos
GENERAL INFORMATION The Conference will take place at the School of Business Administration, Loyola University Chicago, 25 East Pearson Street in Chicago. At the entrance of the School , there is a reception area and our registration table will be placed next to the reception desk. You are encouraged to preregister by sending us a check for U.S. $35 to cover a luncheon and coffee during our breaks. Please make checks payable to LOYOLA UNIVERSITY CHICAGO and mail them to A.G. Malliaris, Department of Economics, School of Business Administration, Loyola University Chicago, 820 North Michigan Avenue, Chicago, Illinois 60611, USA. You may also choose to come a little early and register before the meetings. We plan to publish a subset of the best papers in a book. Details of this will be presented at the Conference. Each presenter will be given 15 minutes to give the key ideas of his/her paper. There will be 15 minutes at the end of each session for discussion among the presenters and the participants. Out of town guests should contact any downtown hotel of their choice or The Talbot Hotel that is the Preferred Conference Hotel. Please identify yourself as a Loyola University visitor to receive the reduced price. Talbot’s phone is 312-944-7885 or fax at 312-944-7241. Please make hotel arrangements at once because room availability is limited. Finally, a small group of Chicago participants will be available to join out of town guest to dinner on both Thursday and Friday evenings. Please contact A.G. Malliaris or Nick Lash by fax at 312-915-8508 to tell us where you will be staying on Thursday night before the Conference. If you have any further questions, please contact A.G. Malliaris or Nick Lash by fax or e-mail: tmallia@luc.edu
CALL FOR PAPERS During the past 20 years we have observed a very rapid economic growth of international trade and investments. These forces along with financial deregulation and accelerated technological advances in computers and telecommunications, have all contributed to the globalization of financial services. This Conference will focus on policy issues related to financial globalization with special emphasis on global banking. Consistent with previous conferences organized by the Athenian Policy Forum, the emphasis will be placed on possible asymmetries that have emerged in financial globalization. We propose the following tentative list: ORGANIZATION The one-day Conference will be held at Loyola University Chicago. Participants will stay at a nearby hotel. There will be a $40 registration fee. Professors B. Batavia, N. Lash and A.G. Malliaris will jointly chair the Conference. Professor Christos Paraskevopoulos is the Honorary Conference Chair. The organizers of the Conference will invite several distinguished guests to present papers. PUBLICATIONBoth the invited and submitted papers will undergo a rigorous referee process and the best 15 to 18 papers will be published by APF Press in a handsome volume. Please submit a 250 word abstract by February 15, 1999 to:
Dr. A.G. Malliaris Final papers are due by March 15, 1999. |
