Authors: Charles W. Calomiris, Matthew S. Jaremski, David C. Wheelock Date: May 2019 Abstract: Liquidity shocks transmitted through interbank connections contributed to bank distress during the Great Depression. New data on interbank connections reveal that banks were much more likely to close when their correspondents closed. Further, after the Federal Reserve was established, banks’ management[…]
Authors: Joshua Aizenman, Yin-Wong Cheung, Xingwang Qian Date: June 2019 Abstract: This paper examines determinants of the international reserves (IR) currency composition before and after the Global Financial Crisis (GFC). Applying the annual data of 58 countries, we confirm that countries that trade more with the US, euro zone, UK, and Japan, and issue more[…]
Authors: Assaf Razin, Efraim Sadka Date: April 2019 Abstract: Globalization, in the form of financial flows, which is always advantageous on an aggregative level, typically creates winners and losers, if left exclusively to market forces. The effects of financial globalization on income inequality depends on whether the country exports its capital to the rest of[…]
CfP Deadline Date: Conference Event: December 17-18, 2019 Event Location: The Swedish House of Finance, Stockholm, Sweden Organizer(s): The Swedish House of Finance at the Stockholm School of Economics, AFFECT, Miami University and VINNOVA This Showcase is a continuation of the series of Showcase events hosted by the University of Miami and AFFECT. AFFECT is[…]
CfP Deadline Date: from July 1 to August 31, 2019 Conference Event: 16-17 December 2019 Event Location: Institut Louis Bachelier, Paris, France Organizer(s): Journal of Corporate Finance The financial implications of climatic change risks – in a context of evolving climate policies – are still understudied. Specific research areas to be covered include the use[…]
CfP Deadline Date: July 12, 2019 Conference Event: November 1, 2019 Event Location: Federal Reserve Bank of New York, the USA Organizer(s): the Federal Reserve Bank of New York and the Salomon Center of New York University’s Leonard N. Stern School of Business. The goal of this conference is to enhance interaction among researchers interested[…]
Conference Event: July 3, 2019 Event Location: Česká Národní Banka, Prague, Czech Republic Organizer(s): Preventing and mitigating systemic risk is a key objective for macroprudential authorities. The structural dimension of systemic risk encompasses characteristics of the financial sector that can make it more vulnerable to adverse financial shocks and amplify their effects. Structural systemic risks[…]
CfP Deadline Date: June 15, 2019 Conference Event: September 13, 2019 Event Location: SEG/UL – School of Economics and Management/Technical University of Lisbon, Portugal Keynote Speaker(s): Javier Perez (Banco de España) Organizer(s): UECE (Research Unit on Complexity and Economics), REM and ISEG We invite submissions addressing notably the following issues: economic and financial adjustments; economic[…]
CfP Deadline Date: June 15, 2019 Conference Event: November 12-13, 2019 Event Location: SNB, Zurich, Switzerland Organizer(s): The Swiss National Bank (SNB), the Division of International Finance of the Federal Reserve Board (FRB), and the Bank for International Settlements (BIS) The world faces profound economic, financial, and political uncertainties, but it is unclear to what[…]
CfP Deadline Date: June 15, 2019 Conference Event: November 12-13, 2019 Event Location: SNB, Zurich, Switzerland Organizer(s): The Swiss National Bank (SNB), the Division of International Finance of the Federal Reserve Board (FRB), and the Bank for International Settlements (BIS) The world faces profound economic, financial, and political uncertainties, but it is unclear to what[…]