SI 2023 Risks of Financial Institutions
Mark Carey and René M. Stulz, Organizers
July 11-12, 2023
Charles Room AB
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA and zoom.us
| Tuesday, July 11 | ||||
| Joint session with Corporate Finance in Ballroom A | ||||
| 11:20 am |
The Secular Decline in Interest Rates and the Rise of Shadow Banks
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| 12:10 pm | Lunch | |||
| 1:10 pm |
Central Banks as Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings
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| 2:00 pm | Break | |||
| 2:20 pm |
Viral Acharya, New York University and NBER Gregor Matvos, Northwestern University and NBER Manju Puri, Duke University and NBER Philipp Schnabl, New York University and NBER Slides |
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| 3:50 pm |
Adjourn Martin Feldstein Lecture follows at 4:00 pm |
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| Wednesday, July 12 | ||||
| 8:00 am | Coffee and Pastries | |||
| 8:30 am | Introductions | |||
| 8:40 am |
Social Media as a Bank Run Catalyst
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| 9:35 am |
Destabilizing Digital Bank Walks
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| 10:25 am | Break | |||
| 11:00 am |
Chair: Douglas W. Diamond, University of Chicago and NBER Stephen Hoffman, Consultant, Ludwig Regulatory Group Gregory Hopper, Bank Policy Institute Eric Rosengren, Massachusetts Institute of Technology Til Schuermann, Oliver Wyman |
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| 12:30 pm | Lunch | |||
| 1:30 pm |
Will Central Bank Digital Currency Disintermediate Banks?
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| 2:20 pm |
Stablecoin Runs and the Centralization of Arbitrage
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| 3:10 pm | Break | |||
| 3:30 pm |
Nonbank Fragility in Credit Markets: Evidence from a Two-Layer Asset Demand System
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| 4:20 pm |
Stress Testing Spill Over Risk In Mutual Funds
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| 5:10 pm | Adjourn | |||