Faculty of Economics and Management
Vytautas Magnus University
S. Daukanto g. 28, Kaunas 


8:45-9:00 - Welcome and Opening Remarks
Zigmas Lydeka (Rector of Vytautas Magnus University)
Marius Jurgilas (Member of the Board of the Bank of Lithuania)

9:00-10:30 - Session I: Political Economics and IO (Chair: Linas Tarasonis, Aix-Marseille School of Economics)
Corporate Money in Political Quid Pro Quo: Evidence from Lithuania
Audinga Baltrūnaitė (IIES, Stockholm University)
Discussant: Pat Akey (University of Toronto)

An Experimental Study of Citizens United Effects on Campaign Finance and Election Markets
Rimvydas Baltaduonis (Gettysburg College) with Shannon Brobst (Gettysburg College), and John Cadigan (Gettysburg College)
Discussant: Jūra Liaukonytė (Cornell University)

Price Competition with Costly Product Returns
Vaiva Petrikaitė (Instituto de Análisis Económico (CSIC) and Barcelona GSE)
Discussant: Robertas Zubrickas (University of Bath)

10:30-10:45 - Break

10:45-12:00 - Keynote Speech 
Cheap Talk, Round Numbers, and the Economics of Negotiation
Steve Tadelis (University of California, Berkeley)

12:00-13:00 - Lunch

13:00-15:00 - Session II: Macroeconomic Theory (Chair: Marius Jurgilas, Bank of Lithuania)
International Endogenous Growth, Macro Anomalies, and Asset Prices
Patrick Gruning (Goethe-University)
Discussant: Rasa Pušinskaitė (Bank of Lithuania)

Structural Reforms, Openness and the Informal Economy
Zsuzsa Munkacsi (European University Institute) with Rahul Anand (International Monetary Fund), Purva Khera (University of Cambridge), and Magnus Saxegaard (International Monetary Fund)
Discussant: Virmantas Kvedaras (Vilnius University)

Capital Mobility, Bargaining Power and Economic Growth
Jaunius Karmelavičius (Vilnius University)
Discussant: Mindaugas Dapkus (Vytautas Magnus University)

Modeling Economic Hysteresis Losses Caused by Sunk Adjustment costs
Jolita Matulaitytė (University of Giessen) with Matthias Göcke (University of Giessen)
Discussant: Violeta Pukelienė (Vytautas Magnus University)

15:00-15:15 - Break

15:15-15:45 – Afternoon Speech
Academic Economics in Lithuania
Antanas Buračas (Lithuanian University of Educational Sciences)

15:45-16:00 - Break

16:00-18.00 - Session III: Finance and Econometrics (Chair: Alminas Žaldokas, HKUST)
Beware of the Spider: Exchange Traded Funds and the 2008 Short-Sale Ban
Eglė Karmazienė (Stockholm School of Economics) with Valeri Sokolovski (Stockholm School of Economics)
Discussant: Janis Berzins (BI Norwegian Business School)

Measuring Fundamental Housing Prices in the Baltic States: Empirical Approach
Darius Kulikauskas (Bank of Lithuania and Vilnius University)
Discussant: Yannick Lucotte (ESG Management School)

Introducing a New Form of Volatility Index: The Cross-Sectional Volatility Index
Renata Guobužaitė (EDHEC) with Felix Goltz (EDHEC) and Lionel Martellini (EDHEC)
Discussant: Valdonė Darškuvienė (Vytautas Magnus University)

Partial Maximum Likelihood Estimation of Spatial Sample Selection Models
Renata Rabovič (Tilburg University) with Pavel Čižek (Tilburg University)
Discussant: Vaidotas Zemlys (Vilnius University)

19:00 - Dinner (by invitation)

Dinner Speech
Egidijus Aleksandravičius (Vytautas Magnus University)

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