SI 2019 Capital Markets and the Economy

Janice C. Eberly and Deborah J. Lucas, Organizers

July 15-17, 2019

University Room

Royal Sonesta Hotel, Edwin H. Land Blvd., Cambridge, MA

Conference Code of Conduct

Monday, July 15
12:00 pm
Lunch
1:00 pm

A Dynamic Theory of Lending Standards
1:50 pm

The Aggregate Demand for Bank Capital
2:40 pm
Break
2:55 pm

Optimal Debt Dynamics, Issuance Costs, and Commitment
3:45 pm

Firm Debt Covenants and the Macroeconomy: The Interest Coverage Channel
4:35 pm
Adjourn
Tuesday, July 16
12:00 pm
Lunch
1:00 pm

Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation
1:50 pm

Employment and the Collateral Channel of Monetary Policy
2:40 pm
Break
2:55 pm

Nonbanks, Banks, and Monetary Policy: U.S. Loan-Level Evidence since the 1990s
3:45 pm

The Welfare Effects of Bank Liquidity and Capital Requirements
4:35 pm
Adjourn
Wednesday, July 17
12:00 pm
Lunch
1:00 pm

The Risks of Safe Assets
1:50 pm

The Market Cost of Business Cycle Fluctuations
2:40 pm
Break
2:55 pm

Insurers as Asset Managers and Systemic Risk
3:45 pm

The Finance Uncertainty Multiplier
4:35 pm
Adjourn