Center for Financial Research
Thursday, September 6, 2018 |
|
8:30 - 9:00 |
Registration & Continental Breakfast |
9:00 - 9:30 |
Opening Remarks |
9:30 - 11:00 |
Tradeoffs in Bank Regulation |
11:00 - 11:30 |
- Break - |
11:30 - 12:30 |
Regulations, Institutions, and Bank Behavior Session Chair and Discussant: Catherine Schrand, University of Pennsylvania Presentation Creditor Rights and Bank Losses: A Cross-Country Comparison Amanda Rae Heitz, Tulane University Gans Narayanamoorthy, Tulane University Presentation Government Guarantees and Banks’ Earnings Management Manuela M. Dantas, Cornell University Kenneth J. Merkley, Cornell University Felipe Bastos G. Silva, Cornell University Presentation |
12:30 - 1:30 |
- Lunch - |
1:30 - 3:00 |
Segmentation of the Lending Markets Session Chair and Discussant: Elena Loutskina, , University of Virginia Presentation The Effects of Competition on Consumer Credit Markets Stefan Gissler, Federal Reserve Board Rodney Ramcharan, University of Southern California Edison Yu, Federal Reserve Bank of Philadelphia Nonbank Lending Sergey Chernenko, Purdue University Isil Erel, The Ohio State University Robert Prilmeier, Tulane University Presentation What Drives Global Syndication of Bank Loans? Effects of Capital Regulations Janet Gao, Indiana University Yeejin Jang, Purdue University Presentation |
| 3:00 - 3:30 | - Break - |
| 3:30 - 5:00 |
Stress Spillovers through Banks Session Chair and Discussant: Linda Goldberg, Federal Reserve Bank of New York Presentation The Fire-Sale Channels of Universal Banks in the European Sovereign Debt Crisis Giulio Bagattini, Frankfurt School of Finance and Management Falko Fecht, Frankfurt School of Finance and Management Patrick Weber, Deutsche Bundesbank Presentation Friend or Foe? Cross Border Linkages Contagious Banking Crises, and “Coordinated” Macroprudential Policies Seung Mo Choi, International Monetary Fund Laura Kodres, International Monetary Fund Jing Lu, International Monetary Fund Presentation The Cleansing Effect of Banking Crises Reint Gropp, IWH and University of Magdeburg Steven Ongena, University of Zurich, Swiss Finance Institute, KU Leuven, and CEPR Jörg Rochell, ESMT Berlin and ECGI Vahid Saadi, IE Business School Presentation |
| 5:00 - 6:00 |
Fast Track Session The Micro Impact of Macroprudential Policies: Firm-Level Evidence Meghana Ayyagari, George Washington University Thorsten Beck, University of London and CEPR Maria Soledad Martinez Peria, International Monetary Fund Presentation Resolving Too Big to Fail Nicola Cetorelli, Federal Reserve Bank of New York James Traina, University of Chicago Presentation Are Contingent Convertibles Going-Concern Capital? Franco Fiordelisi, University of Rome III George Pennacchii, University of Illinois Ornella Ricci, University of Rome III Presentation Banks Respond to Negative Interest Rates: Evidence from the Swiss Exemption Threshold Christoph Basten, University of Zurich Mike Mariathasan, KU Leuven Presentation Acquiring Failed Banks Siddharth Vij, University of Georgia Presentation The Wisdom of Crowds and Information Cascades in FinTech: Evidence from Initial Coin Offerings Jongsub Lee, University of Florida Tao Li, University of Florida Donghwa Shin, Princeton University Presentation |
| 6:00 - 7:00 | - Reception - |
| Friday, September 7, 2018 | |
| 8:00 - 8:30 | - Continental Breakfast - |
| 8:30 - 9:30 |
The Internal Organization of Bank Holding Companies Session Chair and Discussant: Mitchell Berlin, Federal Reserve Bank of Philadelphia Presentation The Dark-Side of Banks’ Non-bank Business: Internal Dividends in Bank Holding Companies Jonathan Pogach, Federal Deposit Insurance Corporation Haluk Unal, University of Maryland and Federal Deposit Insurance Corporation Presentation Business Complexity and Risk Management: Evidence from Operational Risk Events in U.S. Bank Holding Companies Anna Chernobai, Syracuse University Ali Ozdagli, Federal Reserve Bank of Boston Jianlin Wang, University of California at Berkeley Presentation |
| 9:30 - 10:30 | Keynote Address Bailouts Deborah Lucas, Massachusetts Institute of Technology Presentation |
| 10:30 - 11:00 | - Break - |
| 11:00 - 12:00 |
Managing Default Risk: Competition, Regulation, and Capital Session Chair and Discussant: Mitchell Petersen, Northwestern University Presentation The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era Mark Carlson, Federal Reserve Board Sergio Correia, Federal Reserve Board Stephan Luck, Federal Reserve Board Presentation The Impact of Risk Retention Regulation on the Underwriting of Securitized Mortgages Craig Furfine, Northwestern University Presentation |
| 12:00 - 1:00 | - Lunch - |
| 1:00 - 2:30 |
FinTech Session Chair and Discussant: Nagpurnanand Prabhala, University of Maryland Presentation Reintermediation in FinTech: Evidence from Online Lending Tetyana Balyuk, Emory University Sergei Davydenko, University of Toronto Presentation Fintech and Firm Selection: Evidence from E-Commerce Platform Lending Yi Huang, Graduate Institute of International and Development Studies Ye Li, The Ohio State University Hongzhe Shan, Swiss Finance Institute Winners and Losers of Marketplace Lending: Evidence from Borrower Credit Dynamics Sudheer Chava, Georgia Institute of Technology Nikhil Paradkar, Georgia Institute of Technology Presentation |
| 2:30 - 3:00 | - Break - |
| 3:00 - 4:00 |
Depositor Reaction to Increased Risk at Banks Session Chair and Discussant: Richard Rosen, Federal Reserve Bank of Chicago Presentation Paying Attention to Banks: Evidence from Offshore Deposits Pablo Slutzky, University of Maryland Matthieu Chavaz, Bank of England Presentation Deposit Inflows and Outflows in Failing Banks: The Role of Deposit Insurance Christopher Martin, Federal Deposit Insurance Corporation Alexander Ufier, Federal Deposit Insurance Corporation Manju Puri, Duke University, Federal Deposit Insurance Corporation, and the National Bureau of Economic Research Presentation |
| 4:00 | - Adjourn - |