Björn Richter, Moritz Schularick, and Ilhyock Shim 21 September 2018 Central banks have increasingly relied on macroprudential measures to manage the financial cycle, but their effects on the core objectives of monetary policy to stabilise output and inflation are largely unknown. This column shows that the output costs of changes in maximum loan-to-value ratios are[…]
Ester Faia, Sébastien Laffitte, and Gianmarco Ottaviano, 20 September 2018 There is a general consensus that lax monetary policy and banking globalisation were two critical factors behind the Global Crisis. This column explores how banks’ decisions to enter foreign markets impacted their individual and systemic risk. Results from a sample of European banks suggest that[…]
CfP Deadline Date: September 30, 2018 Conference Event: December 13-15, 2018 Event Location: Santiago de Chile, Chile Keynote Speaker(s): Eduardo Schwartz (UCLA Anderson School of Management) Organizer(s): The International Finance and Banking Society (IFABS) Dear Colleagues and Friends, This year marks the beginning of another proud chapter, through the launching of IFABS Latin-America. We are very[…]
CfP Deadline Date: November 1, 2018 Conference Event: February 15-17, 2019 Event Location: Grand Hyatt Baha Mar, Nassau, The Bahamas Keynote Speaker(s): / Organizer(s):Society for Financial Studies SFS, Review of Corporate Finance Studies, Review of Asset Pricing Studies Following the success of the first RCFS conference last year, the Society for Financial Studies is hosting[…]
CfP Deadline Date: December 7, 2018 (The submission period will be November 9-December 7, 2018) Conference Event: May 20-23, 2019 Event Location: Carnegie Mellon University, Pittsburgh, Pennsylvania Keynote Speaker(s): Amir Yaron (University of Pennsylvania) Organizer(s):Society for Financial Studies SFS Hosted by the Tepper School of Business at Carnegie Mellon University The SFS Cavalcade is a[…]
Authors: Ester Faia, Sebastien Laffitte, and Gianmarco Ottaviano Date: September 2018 Abstract: Using a novel dataset on the 15 European banks classified as G-SIBs from 2005 to 2014, we find that the impact of foreign expansion on risk is always negative and significant for most individual and systemic risk metrics. In the case of individual[…]
Authors: Ilhyock Shim, and Kwanho Shin Date: September 2018 Abstract: We investigate if financial stress in countries where international banks are headquartered is a major driver of banking outflows from emerging market economies (EMEs). We find that when financial stress measured by sovereign or bank CDS spread or corporate bond spread increases, international banks decrease[…]
CfP Deadline Date: November 2, 2018 Conference Event: May 28-30, 2019 Event Location: Westin Savannah Harbor Golf Resort & Spa, Savannah, GA, USA Keynote Speaker(s): Ross Levine, Berkeley Organizer(s): Financial Intermediation Research Society (FIRS) The Financial Intermediation Research Society (FIRS) is pleased to announce that its next conference will be held in Savannah, USA, on[…]
CfP Deadline Date: October 29, 2018 Conference Event: April 12-13, 2019 Event Location: New York University, New York, USA Keynote Speaker(s): tba Organizer(s): / The Carnegie-Rochester-NYU Conference on Public Policy is now soliciting papers for a conference on “On the Border of International Cooperation”. The conference will be held at New York University on April[…]
CfP Deadline Date: October 15, 2018 Conference Event: March 21-24, 2019 Event Location: Tokyo, Japan Keynote Speaker(s): Peter Diamond (Massachusetts Institute of Technology); Robert Engle (New York University); John Shoven (Stanford University); Naoyuki Yoshino, Dean (Asian Development Bank Institute) Organizer(s): WEAI Present a Paper| Deadline October 15, 2018 Cancellations: Paper submission portion of participation fee[…]