BIS Working Paper: Foreign currency borrowing, balance sheet shocks and real outcomes

Authors: Bryan Hardy Date: November 2018 Abstract: Emerging market firms frequently borrow in foreign currency (FX), but their assets are often denominated in domestic currency. This behavior leads to an FX mismatch on firms balance sheets, which can harm their net worth in the event of a depreciation. I use a large, unanticipated, and exogenous[…]

2nd Endless Summer Conference Financial Intermediation and Corporate Finance

CfP Deadline Date: April 10, 2019 Conference Event: September 2-3, 2019 Event Location: Sea View Hotel, Athens 166 74 Greece Keynote Speaker(s): tba Organizer(s): Glasgow University, Cyprus University of Technology, Durham University Business School, KU Leuven, Fordham University, Montpellier Business School, University of Zurich, Centre for Economic Policy Research This small, informal conference seeks the[…]

Financial Intermediation in Emerging Markets

CfP Deadline Date: January 11, 2019 Conference Event: March 19-20, 2019 Event Location: Mumbai, India Keynote Speaker(s): tba Organizer(s): Reserve Bank of India, Brevan Howard Centre at Imperial College Business School, Cass Business School, University of Cape Town, Deutsche Bundesbank, ERSA and Duke University A well-functioning financial system is key for emerging markets to unlock[…]

December 2018: New VoxEU Column – Going the extra mile: Distant lending and credit cycles

João Granja, Christian Leuz, Raghuram Rajan 04 December 2018 Risk taking was pervasive during the Global Crisis even in the most unlikely areas, such as stretching to lend at a distance. Using US data, this column examines the degree to which competition amongst lenders interacts with the cyclicality in lending standards using a simple and[…]

Workshop “Finance and Development”

CfP Deadline Date: February 4, 2019 Conference Event: April 25-26, 2019 Event Location: Berlin, Germany Keynote Speaker(s): David McKenzie (World Bank) Organizer(s): DIW Berlin Financial systems have developed rapidly in many developing countries. These changes increase the need for research into their effects. To this end DIW Berlin will host a workshop in the field[…]

IAAE 2019 Annual Conference

CfP Deadline Date: February 18, 2019 Conference Event: June 25-28, 2019 Event Location: Hilton Cyprus, Nicosia, Cyprus Invited Speaker(s):  Fabio Canova (BI Norwegian Business School), Raffaella Giacomini (University College London), Bryan Graham (University of California Berkeley), Chris Hansen (University of Chicago), Ivana Komunjer (Georgetown University), Petra Todd (University of Pennsylvania) Organizer(s): International Association for Applied[…]

December 2018: New VoxEU Column – Market liquidity, leverage, and regulation ten years after the crisis

Tobias Adrian, John Kiff 01 December 2018 The financial system has undergone far-reaching changes since the 2008 Global Crisis. This column casts those changes in terms of shifts in the way financial intermediaries manage their balance sheets, and also discusses the regulatory reform agenda and reviews the impact of regulations on market liquidity and credit[…]

2019 INFINITI Conference on International Finance

CfP Deadline Date: January 31, 2019 Conference Event: June 9-11, 2019 Event Location: Glasgow, Scotland, UK (In light of continued uncertainty around Brexit, delegates should note that the Programme Committee reserves the right to relocate the Conference to an EU location. We do not envisage this as being required at this stage, but the potential[…]

2nd Short-Term Funding Markets Conference

CfP Deadline Date: December 8, 2018 Conference Event: March 29, 2019 Event Location: Washington, DC Keynote Speaker(s):  tba Organizer(s): Federal Reserve Board, University of Maryland and University of Delaware Authors are invited to submit research papers to the 2nd Short-Term Funding Markets Conference, co-organized by the Federal Reserve Board of Governors, the University of Maryland’s[…]