SI 2018 Risks of Financial Institutions
Organized by Mark Carey and René M. Stulz
July 10, 2018
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA
Tuesday, July 10
7:45 am
Coffee and Pastries
8:15 am

Regulatory Changes and the Cost of Capital for Banks

Anna Kovner, Federal Reserve Bank of Richmond
Peter Van Tassel, Federal Reserve Bank of New York

Discussant:
Charles W. Calomiris, Columbia University and NBER
9:05 am

Network Risk and Key Players: A Structural Analysis of Interbank Liquidity

Edd Denbee, Bank of England
Christian Julliard, London School of Economics and Political Science (LSE)
Ye Li, University of Washington
Kathy Yuan, London School of Economics and Political Science (LSE)

Discussant:
Antoine Martin, Federal Reserve Bank of New York
9:55 am
Break
10:10 am

The Interdependence of Bank Capital and Liquidity (slides)

Elena Carletti, Bocconi University
Itay Goldstein, University of Pennsylvania and NBER
Agnese Leonello, European Central Bank

Discussant:
Hyun Song Shin, Bank for International Settlements
11:00 am

Liquidity Regulation, Bail-ins and Bailouts

Mathias Dewatripont, Université Libre de Bruxelles
Jean Tirole, Toulouse School of Economics

Discussant:
Douglas W. Diamond, University of Chicago and NBER
11:50 am
Lunch
Afternoon Session Joint with Corporate Finance in the Ballroom
12:45 pm

Judging Banks’ Risk by the Profits They Report

Ben S. Meiselman, U.S. Department of the Treasury
Stefan Nagel, University of Chicago and NBER
Amiyatosh Purnanandam, University of Texas at Austin

Discussant:
David Sraer, University of California, Berkeley and NBER
1:35 pm

Do Banks have an Edge?

Juliane Begenau, Stanford University and NBER
Erik Stafford, Harvard University

Discussant:
Itamar Drechsler, University of Pennsylvania and NBER
2:25 pm
Break
2:40 pm

Dressing up for the Regulators: Evidence from the Largest-Ever Supervisory Review

Puriya Abbassi, Deutsche Bundesbank
Rajkamal Iyer, Imperial College London
José-Luis Peydró, Luiss University
Paul Soto, Federal Reserve Board of Governors

Discussant:
Jeremy C. Stein, Harvard University and NBER
3:30 pm

The Anatomy of the Transmission of Macroprudential Policies

Viral V. Acharya, New York University and NBER
Katharina Bergant, International Monetary Fund
Matteo Crosignani, Federal Reserve Bank of New York
Tim Eisert, Nova School of Business and Economics
Fergal J. McCann, Central Bank of Ireland

Discussant:
Adam Guren, Boston University and NBER
4:20 pm
Adjourn
The Feldstein Lecture follows at 4:30 in the West Tower Ballroom
Wednesday, July 11
Financial Crisis@10 - West Tower, Ballroom, 2nd floor