NBER Working Paper: Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens

Author(s):Antonio Coppola, Matteo Maggiori, Brent Neiman, and Jesse Schreger Date:March 2020 Abstract: Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their nationality in aggregate statistics. We associate the universe of traded securities with their issuer’s ultimate parent and restate bilateral investment positions to better reflect the true financial[…]

CEPR Working Paper: Foreign Banks, Liquidity Shocks, and Credit Stability

Author(s):Daniel Belton, Leonardo Gambacorta, Sotirios Kokas, and Raoul Minetti Date:March 25, 2020 Abstract: We empirically assess the responses of banks in the United States to a regulatory change that influenced the distribution of funding in the banking system. Following the 2011 FDIC change in the assessment base, insured banks found wholesale funding more costly, while[…]

International Workshop on Financial System Architecture and Stability (IWFSAS) 2020

CfP Deadline Date: June 30, 2020 Conference Event: September 10-11, 2020 Event Location: Online Conference Keynote speaker(s): Beata Javorcik Organizer(s): Center for Banking Research at Cass Business School, in collaboration with the Gustavson School of Business at the University of Victoria and the Euro-Mediterranean Economists Association (EMEA)  The fifth IWFSAS conference offers leading academics, practitioners[…]

Conference on Exchange Rates and Monetary Policy

CfP Deadline Date: April 15, 2020 Conference Event: October 1-2, 2020 Event Location: Stockholm, Sweden Keynote speaker(s): Hélène Rey (London Business School and CEPR) and Philip Lane (European Central Bank and CEPR) Organizer(s): CEBRA IFM, CEPR and Sveriges Riksbank The conference aims to bring together high‐quality research providing new insights on the economics of exchange[…]