February 2022: SUERF Policy Brief – Are complex banking groups riskier?

By Isabel Argimón, María Rodríguez-Moreno In recent decades, we have witnessed the expansion of complex institutions, which are organised in different legal entities and conduct different business in different locations. The diversification benefits that may arise because of the different sources of income and of the lack of synchronization have to be balanced against the[…]

20th Paris December Finance Meeting EUROFIDAI/ESSEC

CfP Deadline Date: June 3, 2022 Conference Event: December 15, 2022 Event Location: Paris, France Organizer(s): European Financial Data Institute (EUROFIDAI) and ESSEC Business School After two years on-line, the Paris December Finance Meeting will hold its 20th edition in-person in downtown Paris (Novotel Paris Les Halles) on December 15, 2022. The conference is organized by the European Financial Data Institute (EUROFIDAI) and ESSEC Business School and jointly sponsored[…]

Monetary Policy in the Post-Pandemic Era

CfP Deadline Date: June 30, 2022 Conference Event: September 16-17, 2022 Event Location: Helsinki, Finland Organizer(s): Bank of Finland and CEPR In addition to contributed papers, the programme will feature presentations by invited speakers: Olli Rehn (Governor, Bank of Finland), Sydney Ludvigson (New York University), Ben Moll (London School of Economics), Lubos Pastor (University of[…]

April 2022: New VoxEU Column – The role of capital controls and macroprudential measures in taming capital flows

By Jean-Charles Bricongne, Rémy Lecat Despite the large capital outflows during the Covid-19 crisis, emerging economies did not make extensive use of capital controls. Indeed, these have had limited effects on capital outflows, being more effective on inflows. This column shows that macroprudential measures on the financial sector, which are increasingly part of the policy[…]

April 2022: New IMF Blog Article – Financial Stability Risks Grow as War Complicates Push to Contain Inflation

By Tobias Adrian Russia’s invasion of Ukraine raises financial stability risks for the world and poses questions about the longer-term impact on economies and markets. The war, amid an already slowing recovery from the pandemic, is set to test the resilience of financial markets and poses a threat to financial stability as discussed in our[…]

CEPR Discussion Paper – International Financial Flows and Misallocation: Evidence from Micro Data

Author(s): Federico Cingano, Fadi Hassan Date: April 2022 Abstract: Using detailed bank-firm matched data, we study the impact of international financial flows on misallocation. We exploit a boom of capital inflows in Italy and identify the patterns of credit allocation by banks with different exposure to such boom. We find that exposed banks tilt credit[…]

Financial innovation: A threat to financial stability?

CfP Deadline Date: July 25, 2022 Conference Event: October 6-7, 2022 Event Location: Atlanta, GA, U.S. Organizer(s): Federal Reserve Bank of Atlanta and the Georgia State University The Center for Financial Innovation and Stability (Federal Reserve Bank of Atlanta) and the Center for the Economic Analysis of Risk (Georgia State University) are organizing a workshop[…]

UF Research Conference on Machine Learning in Finance

CfP Deadline Date: July 15, 2022 Conference Event: September 10-11, 2022 Event Location: Online Organizer(s): Warrington College of Business, University of Florida This virtual, two-day conference will bring together researchers on applications of machine learning and natural language processing across all Finance-related areas. Machine learning and related technological innovations have transformed all areas of finance.[…]

4th Conference on Behavioral Research in Finance, Governance and Accounting – Interdisciplinary Annual Conference of GGS

CfP Deadline Date: June 30, 2022 Conference Event: November 10-11, 2022 Event Location: Online Organizer(s): Justus Liebig University Giessen, and the GGS The Justus Liebig University Giessen in conjunction with the GGS invites academics andPhD students to submit papers for consideration of presentation at the 4th Conferenceon Behavioral Research in Finance, Governance and Accounting. We[…]

NBER Working Paper – Zombie Lending: Theoretical, International and Historical Perspectives

Author(s): Viral V. Acharya, Matteo Crosignani, Tim Eisertm, and Sascha Steffen Date: April 2022 Abstract: This paper surveys the theory on zombie lending incentives and the consequences of zombie lending for the real economy. It also offers a historical perspective by reviewing the growing empirical evidence on zombie lending along three dimensions: (i) the role[…]