[VENUE A: MAIN CONFERENCE HALL]

09:00 ~ 09:30

Registration and Networking

Session I: Empirical Financial Market Analysis
 

Chairman:

Bong-Soo Lee, University of Houston
 

09:30 ~ 10:20

Presenter: Kilman Shin, Ferris State University, “Foreign Exchange Rate and Stock Market: Granger Causality Test for the Korea and US Data”

Discussant: Jaeyoung Kim, Seoul National University
 

10:20 ~ 11:10

 Presenter: Byung-Joo Lee, University of Notre Dame, “Economic Fundamentals on Exchange Rates under Different Exchange Rate Regimes: Recent Experiences from the Korean Exchange Rate Regime Change”

Discussant: Jaeuk Khil, Hanyang University
 

11:10 ~ 12:00

 Presenter: Kee H. Chung, State University of New York at Buffalo, “Effects of Stock Attributes, Market Structure, and Tick Size on the Speed of Spread and Depth Adjustment”

Discussant: Junghoon Seon, Korea Securities Research Institute
 

12:00 ~ 13:30

Luncheon
 

Session II: Financial and Fiscal Reforms
 

Chairman:

Kyoo Hong Kim, Bowling Green State University
 

13:30 ~ 14:10

 Presenter: Chung H. Lee, Hawaii University/Hong-Bum Kim, Gyeongsang National University, “Financial Reform, Institutional Interdependency, and Supervisory Failure in the Post-Crisis Korea”

Discussant: Sang Moon Hahm, KDI School of Public Policy and Management
 

14:10 ~ 14:50

Presenter: Youngsun Koh, Korea Development Institute, “Reforming the Fiscal Management System in Korea”

Discussant: Young Lee, Hanyang University
 

14:50 ~ 15:00

Coffee Break
 

15:00 ~ 15:40

 Presenter: Kang H. Park, Southeast Missouri State University, “Economic and Financial Integration in East Asia and Necessary Regulatory Reform for a Financial Hub in Korea”

Discussant: Kyungsoo Kim, Sungkyunkwan University
 

15:40 ~ 16:20

Presenter: Joachim Ahrens, European Business School International University, “Safeguarding Economic Cooperation, Reform, and Development on the Korean Peninsula”

Discussant: Dongho Jo, Korea Development Institute
 

16:20~16:30

Coffee Break
 

Session III: Evidence on Banking System
 

Chairman:

Baekin Cha, Korea Institute of Finance
 

16:30 ~ 17:10

Presenter:  Bong-Soo Lee, University of Houston, “Bank-based and Market-based Financial Systems: Time-series Evidence”

Discussant: Changkyu Choi, Myongii University
 

17:10 ~ 17:50

Presenter: Hyeon-Wook Kim, Korea Development Institute/Chang Park, Korea Development Institute,  “Looking for Evidence of Relationship Banking in Korea: Competitiveness in Local Banks in SME Loan Market”

Discussant: Jabonn Kim, Korea Institute of Finance
 

17:50 ~ 18:00

Wrap-up
 

[VENUE B: CONFERENCE ROOM IN ANNEX]

09:00 ~ 09:30

Registration and Networking

Session I: Corporate Environment and Performances
 

Chairman:

Sang Moon Hahm, KDI School of Public Policy and Management
 

09:30 ~ 10:20

Presenter: Suk Hi Kim, University of Detroit Mercy, "Shareholder Protection Laws and Corporate Boards: Evidence from Europe"

Discussant: Taeyoon Sung, KAIST
 

10:20 ~ 11:10

Presenter: Dongsoo Kang, Korea Development Institute,  “Corporate Distress and Restructuring Policy of the Korean SMEs: the Role of Credit Guarantee System”

Discussant: Soon Yeong Hong, Korea Small Business Institute
 

11:10 ~ 11:20

Coffee Break
 

Session II: SMEs Policy in the Globalization Era
 

Chairman:

Won Am Park, Hongik University
 

11:20 ~ 12:10

Presenter: Joohoon Kim, Korea Development Institute/Cheonsik Woo, Korea Development Institute,  “Sources of SME Innovations in the Globalization Era”
Discussant: Sanghoon Ahn, Korea Development Institute
 

12:10 ~ 13:30

Luncheon
 

13:30 ~ 14:20

Presenter: In Uck Park, University of Bristol,  “What Motivates Start-up Firms When Innovations are Sequential?”

Discussant: Sungbin Cho, Korea Development Institute
 

14:20 ~ 15:10

Presenter: MoonJoong Tcha, Korea Development Institute/Yongseok Choi, Korea Development Institute,  “Impact of Globalization: Korean Experiences”

Discussant: Sanghoon Ahn, Korea Development Institute
 

15:10 ~ 15:20

Coffee Break
 

Session III: Productivity and Growth Accounting
 

Chairman:

Kwang Suk Kim, Kyunghee University
 

15:20 ~ 16:10

Presenter: Sanghoon Ahn, Korea Development Institute,  “Global Competition and Productivity Growth: Evidence from Korean Manufacturing Micro-data”

Discussant: Euysung Kim, Yonsei University
 

16:10 ~ 17:00

Presenter: Somesh Mathur, Central University,  “Growth Accounting for Some Selected Developing, Newly Industrialized and Developed Nations from 1966-2000: A Data Envelopment Analysis”

Discussant: Seok-kyun Hur, Korea Development Institute
 

17:00 ~ 17:10

Wrap-up