Take a look at our conferences and seminar series

March 29th - 31st 2019

 

From March 29th to 31st 2019, the Center for Financial Development and Stability (CFDS) at Henan University and the International Network for Economic Research (INFER) will organize their 5th annual Workshop on Applied Macroeconomics hosted by Henan University.

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.

Prof. Simone Marsiglio

Date and Time: October 26th, 2018, 2:30 - 3:30 pm

Room: A 101 in the Economics Building (Museum)

Abstract

We develop an epidemiological approach to analyze how financial contagion may affect and be affected by economic activity. We show that, according to specific parameter values, the economy may converge either to a non-speculative or to a speculative equilibrium: in the former situation the level of per capita income is maximal, while in the latter it is reduced by financial contagion. The presence of economic and financial feedback effects may also give rise to macroeconomic fluctuations during the transitional path, clearly showing that such economic and financial links are an important driver of the short run macroeconomic performance. By extending the analysis to a spatial dimension, we also show that financial contagion in some specific region may propagate quickly also in regions far away from those in which the contagion initially occurs, highlighting the role of regional policy coordination to avoid interregional contagion.

About the Speaker

Simone Marsiglio is senior lecturer (equivalent to associate professor) at the University of Wollongong, Australia. His research interests are macroeconomics, economic growth and environmental economics.

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