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EU Economic Integration: Lessons of the Past, and What Does the Future Hold?

March 18, 2010

Sponsored by The European Union Studies Association, Economics Section and the Federal Reserve Bank of Dallas

This event, which follows the March 17 conferrence The Euro and the Dollar in the Crisis and Beyond is by invitation only. If you would like to attend, please contact Mark Wynne.

Thursday March 18, 2010
8:30 a.m. Registration and Continental Breakfast
8:50 a.m.
Welcome
  Organizers: Mark Wynne, Federal Reserve Bank of Dallas
David Mayes, University of Auckland
Patrick M. Crowley, Texas A&M University—Corpus Christi
9:00 a.m. Session I: Macroeconomics and European integration
  Chair: David Mayes
Discussant: Andrew Hughes Hallett, George Mason University
  Measuring Intermittent Synchronicity of Macroeconomic Growth in Europe
Patrick M. Crowley
Aaron P. Schultz
, University of Connecticut
  EMU and the Dynamics of Regional Per Capita Income Inequality in Europe
Florence Bouvet
, Sonoma State University
10:15 a.m. Break
10:30 a.m.
Session II: New Member States
  Chair: Patrick M. Crowley
Discussant: Valeriano Martinez
, Universidad de Cantabria
  Financial Integration and Business Cycle Synchronization among Potential EMU Members
Jason Jones, Furman University
Mark Witte, College of Charleston
  Europeanized Integration in the EU: New Member States and Monetary Union
Alessandro Cagossi
, West Virginia University
11:45 a.m.
Session III: EU Trade
  Chair: Janet Adamski, University of Mary Hardin-Baylor
Discussant: Jason Jones, Furman University
  Integration Effects and Trade Barriers: Does European Economic Integration Affect FDI?
Valeriano Martinez
, Universidad de Cantabria
Marta Bengoa, City College at City University of New York
12:30 p.m. Lunch
  Luncheon Speaker
Adam Posen, Peterson Institute for International Economics
2:00 p.m. State of the Union: Some Comments
Antonio de Lecea
, Minister, Economic and Financial Affairs, Delegation of the European Union to the United States
2:15 p.m. Session IV: ECB Monetary Policy and Its Effect
  Chair: Mark Wynne
Discussant: David Mayes
  Does the ECB React to the State of Fiscal Policy in Europe? A Real-Time Analysis Andrew Hughes Hallett
John Lewis, De Nederlandsche Bank
  Evaluating the Monetary Policy of the European Central Bank
Jim Lee
, Texas A&M University—Corpus Christi
Patrick M. Crowley
3:30 p.m. Break
3:45 p.m. Session IV: Other Aspects of European Integration
  Chair: Michael Butler, Texas Christian University
Discussant: Florence Bouvet
  Creating an EU Level Supervisor for Cross-Border Banking Groups: Issues Raised by the U.S. Experience with Dual Banking
David Mayes
María J. Nieto, Banco de España
Larry Wall, Federal Reserve Bank of Atlanta
  Reverse Engineering the European Union's Integration: A Work in Progress
William Lawless, Paine College
5:00 p.m. Concluding Comments
Mark Wynne, David Mayes, Patrick M. Crowley
5:15 p.m. Adjourn