- Joint conference of the European Central Bank and the Journal of Money, Credit and Banking
Financial intermediation, regulation and economic policy: the 50th anniversary of the Journal of Money, Credit and Banking
Thursday, 28 and Friday, 29 March 2019
ECB main building, Press Room, Frankfurt am Main
Programme
* indicates the presenter
Pictures of the event
- 9:45
- Registration and coffee
- 10:10
-
Opening remarks
Luis de Guindos, Vice-President, European Central Bank
Robert DeYoung, Co-Editor, Journal of Money, Credit and Banking - 10:30
-
Academic keynote speech
Gary Gorton, Yale School of Management
- 11:15
-
Session 1: The future of financial intermediation
Chair: Robert DeYoung, University of Kansas
“On the scale of financial intermediaries”
- Tobias Adrian, International Monetary Fund
- Nina Boyarchenko*, Federal Reserve Bank of New York
- Hyun Song Shin, Bank for International Settlement
Discussant: Deborah Lucas, MIT Sloan School of Management
- 12:00
- Coffee break
- 12:15
-
Policy keynote speech
Randal K. Quarles, Vice Chairman for Supervision, Federal Reserve Board and Chairman of the Financial Stability Board
- 13:00
- Buffet lunch
- 14:30
-
Session 2: Information in banking
Chair: Luc Laeven, European Central Bank
“Bad times, good credit”
Presentation- Bo Becker, Stockholm School of Economics
- Marieke Bos, Stockholm University
- Kasper Roszbach*, Norges Bank
Discussant: Evren Örs, HEC Paris
- 15:15
- Coffee break
- 15:30
-
“Show me yours and I'll show you mine: information sharing in a competitive microcredit market”
Presentation- Ralph De Haas*, European Bank for Reconstruction and Development
- Matteo Millone, VU University Amsterdam
- Jaap Bos, Maastricht University
Discussant: Marco Pagano, University of Naples
- 16:15
- Coffee break
- 16:30
-
Policy panel
Moderator: Stephen G. Cecchetti, Brandeis International Business School
Panellists:
- Mark Flannery, University of Florida
- Anil Kashyap, University of Chicago and Bank of England Financial Policy Committee My reflections on the FPC's strategy
Presentation - Isabel Schnabel, University of Bonn
- Til Schuermann, Oliver Wyman
- 18:30
- Drinks followed by conference dinner
- 9:30
-
Registration and coffee
- 10:00
-
Session 3: Risk taking and regulatory arbitrage
Chair: Stefan Walter, ECB Banking Supervision
“Negative monetary policy rates and systemic banks’ risk-taking: evidence from the euro area administrative securities register”
- Johannes Bubeck, University of Mannheim
- Angela Maddaloni*, European Central Bank
- José-Luis Peydró, ICREA-Universitat Pompeu Fabra
Discussant: Skander Van den Heuvel, Federal Reserve Board
- 10:45
- Coffee break
- 11:00
-
“Bank leverage limits and regulatory arbitrage: new evidence on a recurring question”
Presentation- Dong Beom Choi, Federal Reserve Bank of New York
- Michael R. Holcomb, Federal Reserve Bank of New York
- Donald P. Morgan*, Federal Reserve Bank of New York
Discussant: Joe Peek, Federal Reserve Bank of Boston
- 11:45
- Coffee break
- 12:00
-
Session 1 continued: The future of financial intermediation
Chair: Robert DeYoung, University of Kansas
“Open banking and capital requirements”
- Peter Eccles*, Bank of England
- Paul Grout, University of Bristol
- Paolo Siciliani, Bank of England
Discussant: Jean-Charles Rochet, Geneva Finance Research Institute
- 12:45
- Buffet lunch
- 13:45
-
Session 4: Trust and biases in financial intermediation
Chair: Philipp Hartmann, European Central Bank
“Domestic banks as lightning rods? Home bias and information during the eurozone crisis”
Orkun Saka*, London School of Economics and Political Science
Discussant: Alexander Popov, European Central Bank
- 14:30
- Coffee break
- 14:45
-
“Bank size and household financial sentiment: surprising evidence from University of Michigan Surveys of Consumers”
- Allen N. Berger*, University of South California
- Felix Irresberger, University of Leeds
- Raluca A. Roman, Federal Reserve Bank of Philadelphia
Discussant: Glenn Schepens, European Central Bank
- 15:30
-
Closing remarks
Philipp Hartmann, European Central Bank
- 16:00
- End of conference
This programme may be subject to change without notice.
Media will also be present at the conference.
General information
European Central Bank
Main building
Sonnemannstrasse 20
60314 Frankfurt am Main
+49 69 1344 0
Fax: +49 69 1344 6000
[email protected]
English
Participants are requested to arrange their own transfers, unless indicated otherwise.
Robert DeYoung
University of Kansas
Co-Editor, Journal of Money, Credit and Banking
Luc Laeven
Directorate General Research
European Central Bank
Philipp Hartmann
Directorate General Research
European Central Bank
Raquel Gil-Antona
Directorate General Research
European Central Bank
Deborah Marinelli
Directorate General Research
European Central Bank