Friday, April 6
8:00 am
Continental Breakfast
Session 1: Banking and Shadow Banking
8:30 am

Deposit Inflows and Outflows in Failing Banks: The Role of Deposit Insurance

Christopher Martin, Federal Deposit Insurance Corporation
Manju Puri, Duke University and NBER
Alexander Ufier, Federal Deposit Insurance Corporation

Discussant:
Ali Hortaçsu, University of Chicago and NBER
9:20 am

Nonbank Lending

Sergey Chernenko, Purdue University
Isil Erel, The Ohio State University and NBER
Robert Prilmeier, Tulane University

Discussant:
Philipp Schnabl, New York University and NBER
10:10 am
Break
Session 2: Incentives and Limited Liability
10:30 am

The Limits of Limited Liability: Evidence from Industrial Pollution

Pat Akey, INSEAD
Ian R. Appel, University of Virginia

Discussant:
Xavier Giroud, Columbia University and NBER
11:20 am

For Richer, For Poorer. Banker’s Liability And Risk Taking In New England, 1867-1880

Peter Koudijs, New York University
Laura Salisbury, York University and NBER

Discussant:
Kelly Shue, Yale University and NBER
12:10 pm
Lunch-Executive Dining Room 621
Session 3: Fin Tech
1:10 pm

Consumer-Lending Discrimination in the FinTech Era

Robert P. Bartlett, III, Stanford University
Adair Morse, University of California, Berkeley and NBER
Richard Stanton, University of California at Berkeley
Nancy Wallace, University of California, Berkeley

Discussant:
Amit Seru, Stanford University and NBER
2:00 pm

TechFin at Ant Financial: Credit Market Completion and its Growth Effect

Harald Hau, University of Geneva
Yi Huang, Fudan University
Hongzhe Shan, Swiss Finance Institute

Discussant:
Anthony A. DeFusco, University of Wisconsin - Madison and NBER
2:50 pm
Break
Session 4: Macro Finance
3:10 pm

Fueling a Frenzy: Private Label Securitization and the Housing Cycle of 2000 to 2010

Atif R. Mian, Princeton University and NBER
Amir Sufi, University of Chicago and NBER

Discussant:
John Griffin, University of Texas at Austin
4:00 pm

Banking, Trade and the Making of a Dominant Currency

Gita Gopinath, International Monetary Fund
Jeremy C. Stein, Harvard University and NBER

Discussant:
Zhiguo He, Stanford University and NBER
4:50 pm
Adjourn
6:00 pm
Joint Reception and Dinner thanking Malcolm Baker for his program directorship
Gleacher Center
Executive Dining Room 621
450 North Cityfront Plaza Drive, Chicago, IL