SI 2019 Risks of Financial Institutions

Mark Carey and René M. Stulz, Organizers

July 9-10, 2019

Charles Room

Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA

Conference Code of Conduct

Tuesday, July 9
12:00 pm
Lunch
Afternoon Joint with Corporate Finance in Ballroom A
1:00 pm
Ballroom

A Dynamic Theory of Lending Standards
Discussant: Robert Marquez, University of California, Davis
1:50 pm
Ballroom

Loan Types and the Bank Lending Channel
Discussant: Daniel Paravisini, London School of Economics and Political Science (LSE)
2:40 pm
Break
3:10 pm
Ballroom

Is There a Zero Lower Bound? The Effects of Negative Policy Rates on Banks and Firms
Discussant: Gabriel Chodorow-Reich, Harvard University and NBER
4:00 pm
Ballroom

On the Scale of Financial Intermediaries (slides)
Discussant: David S. Scharfstein, Harvard University and NBER
4:50 pm
Adjourn
Wednesday, July 10
8:00 am
Coffee and Pastries
8:30 am

Testing the Effectiveness of Consumer Financial Disclosure: Experimental Evidence from Savings Accounts
Discussant: Adair Morse, University of California, Berkeley and NBER
9:20 am

The Aggregate Demand for Bank Capital
Discussant: Bengt R. Holmström, Massachusetts Institute of Technology and NBER
10:10 am
Break
10:35 am

Designing Stress Scenarios
Discussant: Til Schuermann, Oliver Wyman
11:25 am
Fast Session

Regulators' Disclosure Decisions: Evidence from Bank Enforcement Actions

Causal Impact of Risk Oversight Functions on Bank Risk: Evidence from a Natural Experiment

Unintended Consequences of Post-crisis Liquidity Regulation
12:15 pm
Lunch
1:15 pm

Reflexivity in Credit Markets
Discussant: Raghuram Rajan, University of Chicago and NBER
2:10 pm

Foreseen Risks
Discussant: Juliane Begenau, Stanford University and NBER
3:00 pm
Break
3:25 pm

The Effects of the Volcker Rule on Corporate Bond Trading: Evidence from the Underwriting Exemption
Discussant: Paul H. Schultz, University of Notre Dame
4:15 pm

Funding Liquidity and Market Liquidity: the Broker-Dealer Perspective
Discussant: Andrew Metrick, Yale University and NBER
5:05 pm
Adjourn
6:00 pm
Clambake at the Royal Sonesta Hotel