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June 23rd and 24th 2018

On June 23rd and 24th 2018 the Center for Financial Development and Stability (CFDS) at Henan University and the International Network for Economic Research (INFER), will organize their 4th annual Workshop on Applied Macroeconomics hosted by Henan University.

Kick-Off Meeting of the Center for Financial Development and Stability at Henan University

October 18th, 2017
School of Economics - Henan University

 

On October 18th, 2017, the Center for Financial Development and Stability at Henan University – short CFDS – successfully held its Kick-Off meeting.

The director of the CFDS – Makram El-Shagi, Dean of the School of Economics – Song Bingtao, and Mao Liqun – Vice Dean of the International Affairs Office- gave the opening speeches and together uncover the centers plaque. The Center members welcomed the President of the Halle Institute of Economic Research (IWH) – Prof. Dr. Reint E. Gropp and Prof. Dr. Jarko Fidrmuc, who holds the Chair of International Politics at Zeppelin University in Friedrichshafen, Germany, during the Kick-Off Meeting. The CFDS will start research cooperation’s with the IWH as well as Zeppelin University and was honored to welcome both professors for the kick-off meeting.

Dr. Iikka Korhonen

Date and Time: March 16th, 2018, 3:00 - 4:30 pm

Room: A 101 in the Economics Building (Museum)

 

About the Speaker

Dr. Iikka Korhonen is the head of the Bank of Finland Institute for Economies in Transition (BOFIT). He received his doctoral degree from Helsinki School of Economics and Business Administration, majoring in economics. His research interests include exchange rates and inflation in transition as well as emerging market countries. In addition, he has published widely e.g. on the correlation of economic activity between different countries, as well as on the effects of oil prices on economic activities.

Prof. Steven J. Yamarik, PhD

Date and Time: January 17th, 2018, 10:00 - 11:30 am

Room: A 101 in the Economics Building (Museum)

Abstract

This paper examines the empirical relationship between economic freedom and corruption. We use a principal-agent-client model to identify the potential causal linkages between corruption and the components of economic freedom. We then estimate a twoequation system where freedom depends upon corruption and vice versa. Using a series of panel GMM estimators, we find that corruption lowers economic freedom, but that freedom does not significantly impact corruption. The result that corruption lowers freedom supports the “grabbing handing” theory of corruption where a non-benevolent government creates inefficient regulation and barriers of entry to create economic rents.

About the Speaker

Steve J. Yamarik is professor at the California State University Long Beach and research associate of our HenU Center for Financial Development and Stability. His research interests are economic growth and development, regional economics and international trade.

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