Armenian Economic Association
2011 Conference

The Armenian Economic Association will hold its 2011 Conference on October 22-23, at the Department of
Economics, Yerevan State University (YSU). This is followed by workshops on DSGE and factor based dynamic
models on October 24 at CRRC, YSU.

Registration: No cost
Location: 52 Abovyan Street, Yerevan 0025, Armenia -- Google Map
Monday, October 24, 2011

16:00 Workshops at CRRC
1. DSGE Models
Ashot Mkrtchyan, Central Bank of Armenia
2.
Factor-based Dynamic Models and its application to macroeconomic forecasting
Karen Poghosyan, Central Bank of Armenia
Call for papers Մասնակցության
հրավեր
Paper submissions
Հոդվածների ներկայացում
Program
Ծրագիր
Registration
Գրանցում
For presenters
Զեկուցողների համար
For chairs
Նիստավարների համար
For discussants
Accomodations
Sponsors
Preliminary Program

Saturday, October 22, 2011

9:00-10:00 Registration

10:00-10:20 Welcome

10:30-11:45 Session 1: International 1
Chair: Nune Hovhannisyan, University of Colorado and American University of Armenia
1.
Trade Potential for Armenia
Grigor Hayrapetyan, Yerevan State University; Victoriya Hayrapetyan, Russian-Armenian University
2. The impact of currency changes on the foreign trade of Armenia
Ashot Markosyan, Armenian State University of Economics; Andranik Mnatsakanyan, CERGE-EI, Czech Republic
Discussants: Michael Fuenfzig, International School of Economics at Tbilisi State University; Tatevik Zohrabyan,
DTA Partners

11:45-12:00 Coffee Break (sponsored  by the International Center for Agribusiness Research and Education)

12:00-13:30 Session 2: Macroeconomics
Chair: Vache Gabrielyan, Ministry of Finance
1.
Interaction between monetary policy and income inequality in a deposits market
Aleksandr Grigoryan, Central Bank of Armenia
2.
A New Keynesian Model of the Armenian Economy
Ashot Mkrtchyan, Central Bank of Armenia; Era Dabla-Norris, International Monetary Fund; Ara Stepanyan,
International Monetary Fund
3.
Forecasting Armenian key macroeconomic indicators using factor-based dynamic models
Karen Poghosyan, Central Bank of Armenia

13:30-15:00 Break

15:00-16:30 Session 3: Industrial Organization/Industry Studies 1
Chair: Vahagn Jerbashian, CERGE-EI, Czech Republic
1.
The Telecommunications Industry and Economic Growth: How the Market Structure Matters
Vahagn Jerbashian, CERGE-EI, Czech Republic
2. Farmers Markets in Armenia: Lessons Learnt
Vardan Urutyan and Narek Vardanyan, ICARE
Discussants: Vahagn Jerbashian, CERGE-EI, Czech Republic; Vilas Pathikonda, World Bank

16:30-16:45 Coffee Break (sponsored  by the International Center for Agribusiness Research and Education)

16:45-17:45 Session 4A: Industrial Organization/Industry Studies 2
Chair: Aram Arakelyan, Yerevan State University
1. Network of Board Member in Armenian Industry, and Effects of Network Characteristics on the Performance of
the Firms
Tatevik Poghosyan, UN University-MERIT, The Netherlands
2.
The impact of telecommunication technologies on the competition in services and goods markets
Vahagn Jerbashian, CERGE-EI, Czech Republic; Anna Kochanova, CERGE-EI, Czech Republic

16:45-18:00 Session 4B: Agricultural Economics/Agribusiness
Chair: Armen Asatryan, Texas A&M University, Armenian State Agrarian University, and ICARE
1. Socio-economic impact of illegal logging on rural population of Armenia
Tatevik Zohrabyan and Vardan Urutyan, International Center for Agribusiness Research and Education (ICARE)
2. Assessing Sustainability at Farm Level: RISE Model
Vardan Urutyan and Christian Thalmann, ICARE
3. Marketing Board: will it work in Armenia?
Armen Asatryan and Ms. Karine Eroyants, ICARE

17:45-18:00 Break

18:00-:19:00 Session 5: Public Economics
Chair: Zareh Asatryan, Albert-Ludwigs-Universität Freiburg
1. Relationship between Millennium Challenge Aid and Control of Corruption in Armenia
Anna Minasyan, University of Konstanz
2. Fiscal Decentralization and Economic Growth in OECD Countries: A Bayesian Model Averaging Approach
Zareh Asatryan, Albert-Ludwigs-Universität Freiburg; Lars P. Feld, Albert-Ludwigs-Universität Freiburg, Germany

19:30 Reception at Akian Gallery (sponsored by the American University of Armenia School of Business
and Management)

Sunday, October 23, 2011

9:00-10:30 Session 6: International 2
Chair: Shushanik Hakobyan, Middlebury College
1. Technology Gap as a Determinant of Knowledge Transfer
Nune Hovhannisyan, University of Colorado
2. Export Competitiveness of Developing Countries and U.S. Trade Policy
Shushanik Hakobyan, Middlebury College
Discussants: Pedro Rodriguez, World Bank;  Grigor Hayrapetyan, Yerevan State University

10:30-10:45 Coffee Break (sponsored  by the International Center for Agribusiness Research and Education)

10:45-12:15 Session 7: International 3
Chair: Levon Barkhudaryan, Armenian State University of Economics
1. Fostering Export Expansion and Diversification in Armenia
Vilas Pathikonda, World Bank; Pedro Rodriguez, World Bank
2.
International Trade and the Armenian Diaspora
Lilit Sargsyan, International School of Economics at Tiblisi State University
Discussants: Nune Hovhannisyan, University of Colorado; Victoriya Hayrapetyan, Russian-Armenian University

12:15-13:45 Break

13:45-14:45 Session 8: Finance
Tatevik Zohrabyan, DTA Partners
1. Herd Behaviour in the  Hong Kong Stock Market
Ani Badalyan, Central Bank of Armenia
2. A comparative study of the role of the modern and traditional liquidity indexes in appraising the profitability of
the companies listed in Tehran stock exchange
Farzaneh Nassirzadeh, Mashhad Ferdowsi University

14:45-15:00 Coffee Break (sponsored  by the International Center for Agribusiness Research and Education)

15:00-16:30 Session 9: Health/Education
Chair: Conan Peisen, USAID
1.
The Determinants of the Attractiveness of National Higher Education Systems
Hayrapetyan Viktoriya, Russian-Armenian University; Hayrapetyan Grigor, Yerevan State University
2. Determinants of child mortality in Armenia
Arusik Rubenyan, Armenian State Agrarian University, Agribusiness Teaching Center
3.
Educational Assortative Mating in Armenia

16:30-16:45 Break

16:45-18:30 Session 10: Survey findings
Chair: Heghine Manasyan,  Caucasus Research Resource Centers
1. The Risk Expectations Of Native Agricultural Producers In Local Armenian Market in Case of Open
Armenian-Turkish Border
Marine Petrosyan, Cadastre and Armenian State University of Economy
2. How Turkey is perceived in Armenia: Some findings from the Caucasus Barometer survey
Benjamin Bronstein,  Caucasus Research Resource Centers
3. Money illusion in subjects with different individual decision-making style
David Hayrapetyan, Yerevan State University
4. Push Factors on the Armenian Population: Survey Data Results and Out-migration Connection Analyzed
Leslie L. Diaz,  Caucasus Research Resource Centers