30-31 January, 2006 - Warsaw, Poland

The conference is co-organized with the International Monetary Fund and the National Bank of Poland. Participation is by invitation only.

Monday, January 30, 2006

7:45 a.m. Registration

8:45 a.m. Opening Remarks and Overview of Questions and Themes

Leszek Balcerowicz, National Bank of Poland

Susan Schadler, European Department, IMF

9:30 - 11:00 a.m. Session I. Historical and European Patterns

Chair: Michael Deppler, European Department, IMF

Speaker: Tim Hatton, University of Essex, and Australian National University

International Migration and Immigration Policy in History: Did Capital Mobility Make A Difference?

 Paper

 Presentation

Discussant: Willem Buiter, London School of Economics and Political Science

Speaker: Tito Boeri, Bocconi University

Enlargement, Migration and Policy Coordination

 Presentation

Discussant: Robert Holzmann, World Bank

 Comments

11:00 - 11:30 a.m. Coffee

11:30 a.m. - 1:00 p.m.  Session II. Impact of and Responses to Migration

Chair: Jan Smets, National Bank of Belgium, and High Council for Employment

Speaker: George Borjas, Harvard University, Kennedy School of Government

Causes and Effects of Migration: Lessons for the EU from the US

 Paper

 Presentation

Discussant: Antonio Spilimbergo, Research Department, IMF

 Comments

Speaker: Christian Dustmann, University College London

Is Immigration Good or Bad for the Economy? Analysis of Attitudinal Responses

 Paper

 Presentation

Discussant: Andrew Watt, European Trade Union Institute for Research, Education and Health & Safety

1:00 - 2:00 p.m. Buffet Luncheon at the NBP

2:00 - 3:30 p.m. Session III. Capital Flows: Magnitudes and Composition

Chair: Thomas Wieser, Federal Ministry of Finance of Austria, and JVI Board Member

Speakers: Philip Lane, Trinity College Dublin, and Gian Maria Milesi-Ferretti, Research Department, IMF

The Structure of External Portfolios in Europe

 Paper

 Presentation

Discussant: Jean Pisani-Ferry, Director, BRUEGEL

Speaker: Claudia Buch, University of Tübingen

How Does Enlargement Influence the Patterns of Specialization and Investment?

 Paper

 Presentation

Discussant: Farbod Lotfi, Deutsche Bank

3:30-4:00 p.m. Coffee

4:00-5:30 p.m. Session IV. Capital Flows: Labor Regulations and Tax Policies

Chair: Dalia Grybauskaite, European Commission

Speaker: Dalia Marin, University of Munich

A New Division of Labor in Europe: Outsourcing and Offshoring to Eastern Europe

 Paper 1

 Paper 2

 Paper 3

Discussant: Karl Pichelmann, European Commission

 Comments

Speaker: Michael Devereux, University of Warwick

Tax Competition and Capital Flows

 Paper

 Presentation

Discussant: Krister Andersson, Confederation of Swedish Enterprise

 Comments

7:30 p.m. Dinner at Prymasowski Palace

Keynote Address by Anne Krueger, First Deputy Managing Director, IMF

Tuesday, January 31, 2006

9:00-10:30 a.m. Session V. Complementarities between Factor and Trade Flows

Chair: Luis Campos e Cunha, New University of Lisbon

Speaker: Elhanan Helpman, Harvard University

Trade and the International Organization of Production

 Paper

 Presentation

Discussant: Michael Landesmann, The Vienna Institute for International Economic Studies

 Comments

Speaker: Antonio Spilimbergo, European Department, IMF

Complementarity or Substitutability of Factor Flows and Trade

 Paper

 Presentation

Discussant: Ludek Niedermayer, Czech National Bank

 Comments

10:30-11:00 a.m. Coffee

11:00 a.m. -12:30 p.m. Session VI. Panel Discussion

Chair: Leslie Lipschitz, IMF Institute, and JVI Board Member

Panelists:

Marek Belka, UN Economic Commission for Europe

Erik Berglöf, European Bank for Reconstruction and Development

Lajos Bokros, Center for Policy Studies, Central European University

Andre Sapir, Universite Libre de Bruxelles

1:00-3:00 p.m. Buffet Luncheon (Hotel Sofitel Victoria Warsaw)