5th RGS Doctoral Conference
The now fifth Doctoral Conference in Econometrics of the Ruhr Graduate School in Economics (RGS Econ) took place from 27th to 29th February 2012 in the Gerhard-Mercator-Haus of the University Duisburg-Essen. With more than 80 professors and Ph.D. students from 10 countries participating the conference has established itself as a promising international meeting for young economists to exchange scientific ideas and to create networks. So Ph.D. students of not only German institutes and universities, like TU Dortmund, the University of Heidelberg or the Humboldt-University of Berlin, but also Ph.D. Students of the University of St. Gallen, the Harvard University and the Paris School of Economics, just to mention a few, took part in the conference.
Sixty two young researchers presented their ideas and research results from recent theoretical and empirical aspects of micro- and macroeconomics through 21 sessions that were each chaired by a professor of the RGS, and received valuable feedback and many inspirations during the following discussions.
In addition to the official programme on Monday, many of the participants came together for an informal dinner to meet old acquaintances and make new contacts. On Tuesday the first sessions were held concerning different topics, among other things on "Game Theory", "Fiscal Policy" and "Education and Skill Formation", in the three halls of the Gerhard-Mercator-Haus. Three parallel sessions, consisting of three lectures each, allowed the participants to choose between a broad range of economic topics.
A successful conclusion of the first day of the presentations was the visit to the ThyssenKrupp steel factory in the afternoon. The fascinating world of blast furnaces, torpedo ladles and slabs was presented to the conference participants by competent guides and at a light-dinner at the educational centre of ThyssenKrupp Steel AG the evening cozily came to a close.
On Wednesday the participants presented and debated among other topics like "Monetary Policy", "Market Organization and Market Performance" and "Higher Education".
A major highlight was the keynote speech to the topic “Euro, quo vadis?” of Prof. Dr. Beatrice Weder di Mauro, professor for international macroeconomics at Johannes-Gutenberg University Mainz and member of the German Council of Economic Experts. In the Mercator-Saal that was filled to capacity she stated her point of view regarding the Euro crisis, explained why Greece should not leave the Euro Area and presented the concept of the European Redemption Pact that the German Council of Economic Experts had elaborated.
The conference concluded with the granting of the Best Paper Award, endowed with 500 €. This year's award was granted to Martin Simmler of DIW Berlin for his paper “How Affect Taxes Investment When Firms Face Financial Constraints?”. In his laudation Prof. Dr. Leininger praised the successful combination of theory and innovative empirics and handed over the certificate to a glorious winner.
Thereby this year's Doctoral Conference came to an end, which would not have been possible without the excellent work of the organizing team. Special thanks go to Dr. Vivien Procher, the coordinator of the RGS Econ.
Photo gallery of the 5th RGS Doctoral Conference