Programme Part I
co-sponsored by the ESRC World Economy and Finance (WEF) programme
Wednesday, July the 11th
12.00pm
WEF Registration and Lunch
2.30 – 3.30pm
Inflation and Mortality
Patrick Minford (Cardiff), 'Inflation persistence in an open economy: testing New Keynesian and New Classical models on UK data'
Martin Weale (NIESR) with Justin van der Ven, ‘Annuities and Aggregate Mortality Uncertainty’
3.30 – 4.00pm
Tea/ Coffee Break
4.00 – 5.30pm
Emerging Markets: Africa
David Vines (Oxford), “Woodford Goes to Africa”
Discussant: David Cobham (Heriot-Watt University)
Christopher Adam (Oxford), Stephen O’Connell (Swarthmore College), Edward Buffie (Indiana University) and Catherine Patillo (IMF), “Monetary Policy Rules for Managing Aid Surges in Africa”
Discussant: David Cobham (Heriot-Watt University)
5.30pm
Early supper prior to Stratford departure
6.30pm
Departure for evening event at Stratford-upon-Avon: Richard II by RSC
Thursday, July the 12th
9.15 – 11.00am
Private Equity Session
Chair: Justin O'Brien, (ANU)
Eric Talley (
California, Berkeley), “Going Private Decisions and the Sarbanes Oxley Act of 2002: A Cross Country Comparison”
Douglas Cumming (York
Ontario), “Private Equity, Leveraged Buyouts and Governance”
Iain MacNeil (Glasgow), “Private Equity: A UK Regulatory Perspective”
11.15 – 11.30am
Tea/Coffee Break
11.30 – 1.00pm
Roundtable on Private Equity
Chair: Justin O’Brien (ANU)
Keynote Speaker: Brendan Barber (General Secretary, TUC)
Panelists: Sally Wheeler (Queen’s University, Belfast), Ian Ramsay (University of Melbourne)
1.15 – 2.15pm
Lunch
2.15 – 3.45pm
Emerging Markets: Law and Policy Issues
Sheldon Leader (Essex), “Risk to Human Rights and Risks to Investment Returns: Constraint and Potential in Project Finance”
Paul Mosley (Sheffield), “The Return of the State in Argentina,” with Jean Grugel and Maria Pia Riggirozzi
3.45 – 4.15pm
Tea/Coffee Break
4.15 – 5.30pm
Theory session:
Capital Account Liberalization; Pillage
Ester Faia (Pompeu Fabra), “Welfare Implications of Capital Account Liberalization”
Colin Rowat (Birmingham) joint with Herakles Polemarchakis (Warwick), ‘An exchange economy with pillage’
7.00pm
WEF Conference Dinner at Arden House
Friday, July the 13th
9.00 – 10.30am
Financial Herding: Theory and Experiments
Daniel Sgroi (Cambridge), “Herd Behaviour in Efficient Financial Markets with Multiple States: An Experimental Test”
Antonio Guarino (UCL), "Herd Behaviour in Financial Markets: A Field Experiment with Financial Professionals"
10.30 – 11.00am
Tea/Coffee Break
11.00 – 1.00pm
Political Economy Theories of Debt
Oren Sussman (Said Business School, Oxford), “Sovereign Debt without default Penalties”
Luis Catao (IMF) Ana Fostel (George Washington) and Sandeep Kapur (Birkbeck),“Persistent Gaps, Volatility Types and Default Traps”
Amrita Dhillon with Javier Garcia-Fronti and Lei Zhang (Warwick), “Sovereign Debt Default: The Impact of Creditor Composition”
1.00pm
End of WEF sessions / Start of Part II
Draft Programme in PDF format can be downloaded here 
