CfP Deadline Date:June 20, 2020 Conference Event:October 30-31, 2020 Event Location:St. Louis, MO, USA Organizer(s):Olin Business School (Washington University) and Wells Fargo Advisors Center for Finance and Accounting Research (Washington University) Following the successes of the previous fourteen corporate finance conferences, Olin Business School at Washington University and its Wells Fargo Advisors Center for Finance[…]
Author(s):Juliana Dutra Araujo, Manasa Patnam, Adina Popescu, Fabian Valencia, and Weijia Yao Date:May 22, 2020 Abstract: This paper builds a novel database on the effects of macroprudential policy drawing from 58 empirical studies, comprising over 6,000 results on a wide range of instruments and outcome variables. It encompasses information on statistical significance, standardized magnitudes, and[…]
By Anil Ari, Sophia Chen, and Lev Ratnovski During crises, the number of loans that cannot be paid back increases. What are the lessons from past crises for non-performing loan resolution after COVID-19? In this article we use a new database covering non-performing loans (NPLs) in 88 banking crises since 1990 to find out. The[…]
By the European Central Bank (ECB) The Financial Stability Review provides an overview of potential risks to financial stability in the euro area. It aims to promote awareness in the financial industry and among the public of euro area financial stability issues. It is published twice a year. Link: Financial Stability Review
CfP Deadline Date:August 31, 2020 Conference Event:December 15-17, 2020 Event Location:Sydney, Australia Online Conference Keynote speaker(s): Organizer(s):Asian Development Bank, and the UNSW’s Institute of Global Finance and School of Banking and Finance This Special Issue aims to invite submissions of state-of-the-art, high-quality articles on topics related to The Way Forward for Banks during the Covid-19[…]
Author(s): Moritz Schularick, Lucas Ter Steege and Felix Ward Date: May 2020 Abstract: Can central banks defuse rising stability risks in financial booms by leaning against the wind with higher interest rates? This paper studies the state-dependent effects of monetary policy on financial crisis risk. Based on the near-universe of advanced economy financial cycles since[…]
Author(s): Michael R. Wickens Date: May 2020 Abstract: A feature of the financial crisis rarely mentioned in the academic literature is that forward interest rates remained persistently higher than future spot rates. Yet according to the expectations hypothesis forward interest rates are unbiased predictors of future spot rates. More general theories attribute the forecast errors[…]
Author(s): Pauline Gandré, Mike Mariathasan, Ouarda Merrouche and Steven Ongena Date: May 2020 Abstract: We investigate regulatory arbitrage during the G20’s global derivatives market reform. We handcollect comprehensive data on the staggered reform process and show that its progress is primarily driven by structural time-invariant factors. Following the reform banks shift up to 70 percent[…]
CfP Deadline Date: June 29, 20220 Conference Event: November 23-24, 2020 Event Location: Frankfurt am Main, Germany Keynote speaker(s): Isabel Schnabel (Member of the Executive Board, ECB) Gara Afonso (Assistant Vice President in the Financial Intermediation Function, Federal Reserve Bank of New York) Organizer(s): Johannes Breckenfelder (ECB, Financial Research) Marco Corsi (ECB, Market Operations Analysis)[…]
Author(s):Iñaki Aldasoro, Stefan Avdjiev, Claudio Borio and Piti Disyatat Date:May 2020 Abstract: We compare and contrast two prominent notions of financial cycles: a domestic variant, which focuses on how financial conditions within individual economies lead to boom-bust cycles there; and a global variant, which highlights how global financial conditions affect individual economies. The two notions[…]