09:30-11:30 Monday, August 3^rd, 2009

Session I (Room A)

Chair: Pappas, N., Vice-President, ATINER & Professor, Sam Houston University, USA.

1.                               LaFrance, J.T., Professor, Washington State University, USA & Pope, R.D., Professor, Brigham Young University, USA. The Generalized Quadratic Expenditure System.

2.                               Malaga, J., Associate Professor, Texas Tech University, USA & Murova, O., Assistant Professor, Texas Tech University, USA. Analysis of Demand for Cotton Seed in the U.S. Cotton Producing Region of West Texas.

3.                               Barberis-Bondi, S., Assistant Professor, Old Dominion University, USA & Ekker, D., Assistant Professor, Tidewater Community College, USA. Impact of Net Revenue Versus Reliability for Maintaing Critical Equipment.

4.                               Lopez, J., Economist, Banque of France, France. ICT Demand Behavior: An International Comparison.

09:30-11:30 Monday, August 3^rd, 2009

Session II (Room B)

Chair:  Roufagalas, J., Head, Economics Research Unit, ATINER & Professor, Troy University, USA.

1.        Tsoukalas, D., Professor, Purdue University Calumet, USA. The Impact of Macroeconomic Fluctuations on Real Asset Prices: New Empirical Evidence from Developed Economies.

2.        Costa Fernandes, A., Professor, Universidade do Porto, Portugal. Explaining Government Expenditures.

3.        Ding, Y., Director of tax Education and Research Institution, Capital University of Economics and Business, China & Lee, H., Professor, Capital University of Economics and Business, China. Tax Policy Under Financial Crisis.

4.        Echeverria Garaigorta, p., Ph.D. Student, University of the Basque Country, Spain & Iza, A., Associate Professor, University of the Basque Country, Spain Sudden Stops and the Real Exchange Rate in Hong Kong: A two-sector Neoclassical Framework.

5.         Igescu, I., Senior Economist, HIS Global Insight, Germany. Great Depression versus Disorganization Gradual versus Shock Therapy.

6.        Triandafil, C., Ph.D. Candidate, Academy of Economic Studies, Romania & Brezeanu, P., PhD Professor, A Academy of Economic Studies, Romania. Transmission Mechanisms of Macroeconomic Impact on Cee Corporations.

11:30-13:00 Monday, August 3^rd, 2009

Session III (Room A)

Chair:  Costa Fernandes, A., Professor, Universidade do Porto, Portugal.

1.      Lopez Pina, T., Professor, University Europea of Madrid, Spain & Kujal, P., Professor, University Carlos III of Madrid, Spain. Product Differentiation and Multinational Firm.

2.     Ratti, R. Professor, University of Western Sydney, Australia & Yoon, K.H., Visiting Fellow, University of Western Sydney, Australia. Energy Price Uncertainty, Energy Intensity and Firm-Level Investment.

3.      Trueck, S., Associate Professor, Macquarie University, Australia & Inchauspe, J., Ph.D. Student, Macquarie University, Australia. The Link Between Oil Price Movements and the Performance of Renewable Energy Companies- A State Space Model Approach.

4.    Laye, J., Dr., LEF INRA-Nancy, France, Stenger, A., Dr., LEF INRA- Nancy, France & Laye, M., Ph.D., ECOLE Polytechnique, France. Irreversibility and Uncertainty in Multifunctional Forest Management Allocation.

5.     Zaghini, A., Principal Economist, Banca d’ Italia, Italy & Calza A., Senior Economist, European Central bank, Italy. On the Sectoral Welfare Cost of Inflation. (Monday, August 3rd, 2009)

11:30-13:00 Monday, August 3^rd 2009

Session IV (Room B)

Chair: Tsoukalas, D., Professor, Purdue University Calumet, USA.

1.       Urakami, T., Associate Professor, Kinki University, Japan & Tanaka, T., Lecturer, Kinki University, Japan. Economies of Scale and Scope in the Japanese Water Industry.

2.       Monteiro, H., Lecturer and Researcher, ISCTE, Portugal. Estimation of Cost Functions for the Portuguese Water and Wastewater Industry.

3.       Karapanou, V., Ph.D. Student, Erasmus University Rotterdam, Holland & Visscher, L., Associate Professor, Erasmus University Rotterdam, Holland. Quality Adjusted Life Years as a Way to better Assess Pain and Suffering Damages.

14:00-16:00 Monday, August 3^rd 2009

Session V (Room A)

Chair: Trueck, S., Associate Professor, Macquarie University, Australia

1.      Inoguchi, J., Assistant Professor, Hiroshima City University, Taiwan &
Komiya, K., Associate Professor, Kagawa University, Japan.
International Marketing, Strategy of Small to Medium Sized Apparel
Compaines: Evidences from South Korea, Taiwan and Japan.

2.     Ogus Binatli, A., Associate Professor, Izmir University of Economics, Turkey & Sohrabji, N., Assistant Professor, Simmons College, USA. Elasticities of Turkish Trade.

3.      Ivaniashvili, G., Chairman, International Centre for Social Research and Policy Analysis, Georgia. Rethinking the Theoretical Aspects of National Competitiveness.

4.      Kostenko, W., Researcher, University of Melbourne, Australia. Migrants’ Settlement in Australia: Underemployment and Mental Health Under Dual Participation Selectivity.

5.      Schindler, M., Economist, IMF, USA. Who Benefits from Capital Account Liberalization? Evidence From Firm-Level Credit Ratings Data.

6.     Soares, C., Economist, Bank of Portugal, Portugal. Impact on Welfare of Country Heterogeneity in a Currency Union.

14:00-16:00 Monday, August 3^rd 2009

Session VI (Room B)

Chair: Igescu, I., Senior Economist, HIS Global Insight, Germany.

1.     Rocha, S., M.D., Assistant Professor, University of Porto, Portugal. Interactions and Asymmetries in the Pass-Through to Bank Interest Rates. (Monday, July 6th, 2009)

2.     Kulthanavit, P., Lecturer, Thammasat University, Thailand & Chen, Y.C., Assistant Professor, University of Washington, USA. Monetary Policy Desing Under Imperfect Knowledge: An Open Economy Analysis.

3.    Labondance, F., Ph.D. Student, FUCaM-UPMF, Belgium & Filbien, J.Y., Ph.D. Student, FUCaM-UPMF, Belgium. Market Reaction to Unexpected Monetary Policy Announcement.

4.    Vanroose, A., Research Assistant, Vrije University, Belgium. Microfinance Performance a Financial Sector Development.

5.   van der Cruijsen, C., Economist, De Netherlandsche Bank, the Netherlands, Eijffinger, S., Professor, Tilburg University, the Netherlands & Hoogduin, L., Executive Director, De Netherlandsche Bank, the Netherlands. Optimal Central Bank Transparency. 

16:00-18:00 Monday, August 3^rd 2009

Session VII (Room A)

Chair: Kostenko, W., Researcher, University of Melbourne, Australia.

1.      Sachdeva, J.K., Professor, Pillais Institute of MAR, India. Impact of World’s Economic Recession on India’s Growth Perspective-Theories and Facts.

2.      Santillan, R., Full Professor, EGADE-Tec of Monterrey, Mexico. Offshore Financial Centers: Their Recent Evolution and Likely Future Trends.

3.     Dinda, S., Associate Professor, Chandragupta Institute of Management Patna, India. Social Capital Formation and Economic Development in LDCs: A Productive Consumption Approach.

4.     Springler, E., Assistant Professor, Vienna University of Economics, Austria & Homlong, N., Associate Professor, Volda University College, Norway. Between Sustainable Development, Social Exclusion and Cultural Differences: Experiences of Austrian Companies on the Indian Subcontinent.

5.     Kamaruddin, R., Senior Lecturer, Universiti Teknologi Mara (UiTM), Malaysia. Sources of Growth in Malaysia Using Input - Output Technique (SDA) and Econometrics (ARDL).

6.     Pereira, J., Ph.D. Student, Technical University of Lisbon and Ministry of Finance, Portugal, Guerra, M., Assistant Professor, Technical University of Lisbon and Ministry of Finance, Portugal & St. Aubyn, M., Associate Professor, Technical University of Lisbon and Ministry of Finance, Portugal. Ageing and Endogenous Growth in a Small Open Economy with Life Cycle Leisure, Labour and Learning.

16:00-18:00 Monday, August 3^rd 2009

Session VIII (Room B)

Chair:  Rocha, S., M.D., Assistant Professor, University of Porto, Portugal.

1.    Kim, M., Associate Professor, University of Massachusetts Boston, USA. Black Women and Double Discrimination.

2.     Larramona, G., Associate Professor, University of Zaragora, Spain & Clemente, J., Associate Professor, University of Zaragora, Spain. Scale and Composition Effects of Migration Between Spanish Regions.

3.     Casares, M., Associate Professor, University Public of Navarra, Spain. Why is there so Much Employment Dispersion across US Industries?

4.    Ramos Rodrigo, J., Visiting Professor, University Europea of Madrid, Spain, & Benito Hernandez, S., University Europea of Madrid, Spain. The Creation of Jobs for the Professional Development of Individuals over 40 Years Old: The Entrepreneurship.

5.     Petit, P., Lecturer, EPEE, University of Evry and CEE, France, Duguet, E., Professor, EPEE, University of Evry and CEE, France & L’ Horty, Y., Professor, EPEE, University of Evry and CEE, France. Are Young French Jobseekers of Ethnic Immigrant Origin Discriminated Against? A Controlled Experiment in the Paris Area. (Monday)

08:30-10:30 Tuesday, August 4^th  2009

Session IX (Room A)

Chair:  Sachdeva, J.K., Professor, Pillais Institute of MAR, India.

1.         Malueg, D., Professor, University of California, Riverside, USA. Profit-Maximizing Sale of a Discrete Public Good via the Subscription Game in Private-Information Environments.

2.         Mora, J.J., Head of the Economics Department, University of Icesi, Colombia & Muro, J., Professor, University of Alcala, Spain. Sample Selection Bias in Pseudo Panel.

3.         Vorobyev, O., Professor, Krasnoyarsk State Trade Economy Insitute, Romania. Many-Events-Based Models of Supply and Demand following from the Eventological Expanding of Boltzmann’s H-Theorem.

4.         Kucukkale, Y., Associate Professor, Karadeniz Technical University, Turkey & Yamak, R., Professor, Karadeniz Technical University, Turkey. Cointegration, Causality and Wagner’s Law with Disaggregated Data: Evidence from Turkey 1979-2007.

5.         Goldenok, E., Lecturer, Krasnoyarsk State Trade Economy Institute, Romania. Eventological Models of Market Behavior.

6.         Ioannou, C., Ph.D. Student, University of Minnesota, USA. Algorithmic Bounded Rationality, Optimality and Noise.

08:30-10:30 Tuesday, August 4^th 2009

Session X (Room B)

Chair:  Floros, C., Senior Lecturer, University of Portsmouth, UK.

1.       Lawler, P., Professor, Swansea University, UK & Jame, J., Lecturer, Swansea University, UK. Unions, Inflation and the Optimal Monetary Rule.

2.       Lambertini, L., Professor, Ecole Polytechnique Federale of Lausanne, Switzerland & Cuciniello, V., Scientif Collaborator, Ecole Polytechnique Federale of Lausanne, Switzerland. Optimal Exchange-Rate Targeting with Large Labor Unions.

3.       Zhao, L., Dean of the School of Public Finance and Taxation, China & Cai, X., Dean of the School of Public Finance and Taxation, China. Choice of the Path of Fiscal and Monetary Policy Coordination in China. 

4.      Pizarro-Barcelo, R., Associate Professor, University of Valencia, Spain. The Asymmetric Effects of the Monetary Policy in the Euro Area: The Role of the Bank Credit.

5.       Lepetyuk, V., Assistant Professor, University of Alicante, Spain & Stoltnenberg, C., Assistant Professor, University of Amsterdam, Holland. Policy Announcements and Welfare.

6.       Chmelk, P., Researcher, Masaryk University, Czech Republic. Flexible System of Direct Democracy Ensures Effective Economic Policy in the Czech Republic.

10:30-12:30 Tuesday, August 4^th 2009

Session XI (Room A)

Chair:   Vorobyev, O., Professor, Krasnoyarsk State Trade Economy Insitute, Romania.

1. Romero Ramos, E., Professor, University Europea of Madrid, Spain, Ropero Moriones, E., Professor, University Europea of Madrid, Spain & Lopez Pina, J. M., Professor, University Europea of Madrid, Spain. Foreign Direct Investment in Spain: An Empirical Study.
2. Turker, M.T., Assistant Professor, Anadolu University, Turkey. Foreign Direct Investment Inward into Turkey: An Eclectic Approach.
3. Ilie, G., Senior Lecturer, “Dimitrie Cantemir” Christian University, Romania. The Impact of Global Financial Instability on Flows of Foreign Direct Investment in Romania Economy.
4. Andrei, D.M., Researcher, Institute of Economic Forecasting, Romania & Pauna, C.B., Researcher, Institute of Economic Forecasting, Romania. Regional Development of Foreign Direct Investments in Romania.

10:30-12:50 Tuesday, August 4^th 2009

Session XII (Room B)

Chair: Pizarro-Barcelo, R., Associate Professor, University of Valencia, Spain.

1.          Josifidis, K., Full Professor, University of Novi Sad, Serbia, Supic, N., Researcher, University of Novi Sad, Serbia & Beker Pucar Emilija, Assistant, University of Novi Sad, Serbia. Poverty and (in) Efficiency of the European Welfare States.

2.          Floros, C., Senior Lecturer, University of Portsmouth, UK. Var model using Particle Swarm Optomization: A macro-finance Approach.

3.          Zaidi, M.A.S., Ph.D. Student, Australian School of Business, Australia. Sectoral Performance in Malaysia:The Role of Credit in Monetary Transmission Mechanism.

4.          Predescu, M., Undergraduate, Academy of Economic Studies, Romania & Stancu, S., Professor, Academy of Economic Studies, Romania. Financial Crisis Management – An Econometric Approach.

5.          Radu, A.N., Teaching Assistant, Bucharest University of Economics, Romania, Necula, C, Lecturer, Bucharest University of Economics, Romania & Anghelache, G.V., Professor, Bucharest University of Economics, Romania. Modeling Stock Returns Dynamics in Central and Eastern European Emerging Markets.

6.         Ubierna, A., CDTI, Spain & Gava, L., Professor, University Europe of Madrid, Spain. An Analysis of Order Agressiveness in the Spanish Stock Excange.

13:30-15:00 Tuesday, August 4^th  2009

Session XIII (Room A)

Chair:  Turker, M.T., Assistant Professor, Anadolu University, Turkey.

1.     Wziatek-Kubiak, A., Professor, Center for Social and Economic Research, Poland. The Innovation Patterns of Manufacturing Firms in the Czech Republic.

2.       Hodgson, D., Professor, University of Quebec, Canada & Seckim, A., Professor, Istanbul Bilgi University, Turkey. Dynamic Price Dependence of Canadian and World Art Markets: An Empirical Analysis.

3.       Messinis, G., Researcher, Victoria University, Australia & Ahmed, A., Researcher, Victoria University, Australia. Valuable Skills, Innovation and Technology Diffusion.

4.       Doluca, H., Ph.D. Student, University of München, Germany. Asymmetric Technology Adoption Behaviour of Ex‐Ante Identical Firms: An Approach a La Hotelling.

5.       Nicolau, I., Ph.D. Student, The Bucharest Academy of Economic Studies, Romania, Tobosaru, I., Lecturer, Dimitrie Cantemir Christian University, Romania & Stanou, M., Ph.D. Student, The Bucharest Academy of Economic Studies, Romania. The Impact of the World Financial Crisis on the Romanian Advertising Market.

13:30-15:00 Tuesday, August 4^th 2009

Session XIV (Room B)

Chair:   Josifidis, K., Full Professor, University of Novi Sad, Serbia

1.       Gava, L., Professor, University Europea of Madrid, Spain & Brusco, S., Associate Professor, State University of New York at Stony Brook, Spain. An Analysis of Cancellations in the Spanish Stock Exchange.

2.       Lee, J-P., Professor, Fengchia University, Taiwan. Forbearance, Prompt Closure and the Valuation of Subordinated Debt.

3.       Su, L., Lecturer, University of Greenwich, U.K. Ownership Structure, Corporate Diversification and Capital Structure: Evidence from China’s Publicly Listed Firms.

4.       Přečková, L., Lecturer, Silesian University in Opava, Czech Republic. The Information Sources for the Valuation of Company for the Purpose of Insurance.

5.       Azizzadeh, T., Lecturer, Islamic Azad University, Iran & Baratlou, F., Faculty Member, Institute of Humanities and Cultural Studies, Iran. Evaluation of Factors Affecting Third Party Insurance Damages and Their Impact on Risk of Insurance Companies.

6.       De Haan, L., Researcher, De Nederlandsche Bank, the Netherlands & Kakes, J., Economist, De Nederlandsche Bank, the Netherlands. Asset Allocation of Dutch Insurers.

15:00-16:30 Tuesday, August 4^th 2009

Session XV (Room A)

Chair: Messinis, G., Researcher, Victoria University, Australia

1.       Moro-Egido, A.I., Associate Professor, University of Granada, Spain & Panades, J., Associate Professor, University Autonomy of Barcelona, Spain. An Analysis of Student Satisfaction: Full Time vs. Part-Time Students.

2.       Choi, H.J., Assistant Professor, Korea University, Korea. The Effects of Child Education on the Labor Supply of Married Woman.

3.       Nica, E.A., Ph.D. Student, University Alexandu Ioan Cuza, Romania. Economic Factors as Indicators of Estimating the Performance in Education.

4.       Ismail, R., Lecturer, University Pendidikan Sulman Idris, Malaysia & Awang, M., Lecturer, University Pendidikan Sulman Idris, Malaysia. Investment in Education and Occupational Choices: Is It Worthwhile?

5.       Baratlou, F., Faculty Member, Institute of Humanities and Cultural Studies, Iran & Azizzadeh, T., Lecturer, Islamic Azad University, Iran. Educational Service Quality Assessment (Case Study: Postgraduates of Human Science and Cultural Studies Research Center; Tehran- Iran.

15:00-16:30 Tuesday, August 4^th 2009

Session XVI (Room B)

Chair: Su, L., Lecturer, University of Greenwich, U.K.

1.       Bremzen, A., Assistant Professor, New Economic School, Russia. Too Diverse a Country: An Explanation for Consistent Failure of Russian Pre-1800 Merchants to Coordinate on Export Markets.

2.       Albu, L.-L., Director, Institute For Economic Forecasting, Romania, Iordan, M., Researcher, Institute For Economic Forecasting, Romania & Chilian, N.M., Researcher, Institute For Economic Forecasting, Romania. A Model to Estimate Behavioral Regimes in Tax Evasion.

3.       Berglund, K.B., Ph.D. Student, Uppsala University, Sweden. Grounded in the Swedish Model: The Long Term Development of Corporate Social Responsibility in Swedish Big Business.

4.       Rusu, S.M., Ph.D. Student, Alexandru Ioan Cuza University, Romania. The Civilizations Roots in the Global World.

5.       Tsuchimoto, F., Researcher, CER GE-EI, Czech Republic. A Theory of Ethnic Diveristy and Income Distribution.

16:30-18:00 Tuesday, August 4^th 2009

Session XVII (Room A)

Chair: Papanikos, G.T., President and Director, ATINER, General Secretary, Economic and Social Council of Greece and Visiting Professor, University of Strathclyde, U.K. 

1.       Rostasova, M., Professor, University of Zilina, Slovakia & Franken, B., Ph.D. Student, University of Zilina, Slovakia. The Relevance of Industrial Services in Business to Business Relationships.

2.       Corejova, T., Professor, University of Zilina, Slovakia & Ludwig, C., Ph.D. Student, University of Zilina, Slovakia. Project-Oriented Marketing Cooperation Between Industrial Partners in the B2B Market.

3.      Horhota, l., Lecturer, Romanian American University, Romania. Financial Management in Public Organizations.

4.     Kozlowski, M., Academic Teacher, University of Lodz, Poland & Alberciak, P., Academic Teacher, University of Lodz, Poland. The Character and Directions of Restructuring of Ownership in the Polish Economy.

5.     Doluca, H., Ph.D. Student, Goethe University Frankfurt, Germany. Transparency of Rating Methods and Reputational Concerns