Author(s):Karsten Müller & Emil Verner Date:June 2023 Abstract: We study the relationship between credit expansions, macroeconomic fluctuations, and financial crises using a novel database on the sectoral distribution of private credit for 117 countries since 1940. We document that, during credit booms, credit flows disproportionately to the non-tradable sector. Credit expansions to the non-tradable sector,[…]
by Andrea Ajello, Michele Cavallo, Giovanni Favara, William B. Peterman, John W. Schindler IV, and Nitish R. Sinha This FEDS note proposes a new index that can be used to gauge broad financial conditions and assess how these conditions are related to future economic growth. The index is broadly consistent with how the FRB/US model[…]
Author(s):Yadav Gopalan, Joao Granja Date:September 2023 Abstract: We investigate how effective was bank supervision before, during, and after the monetary tightening of 2022. We find that bank supervisors were aware of the interest rate risks that were emerging in the banking system and began downgrading the ratings of banks with significant exposures to such risks[…]
CfP Deadline: December 15, 2023 Conference Event: April 18-19, 2024 Event Location: Delaware, United States Organizer(s): University of Delaware (UD) The Federal Reserve Bank of Philadelphia Keynote Speakers: Manju Puri (Duke University) Description: Submission: Papers for the conference should be submitted to UDFedConf@udel.edu. The deadline for paper submissions for the conference is December 15, 2023,[…]
CfP Deadline: November 17, 2023 Conference Event: February 26-27, 2024 Event Location: London, United Kingdom Organizer(s): Bank of England Keynote Speakers: Bo Becker (Stockholm School of Economics)Juliane Begenau (Stanford) Description: Submission: The deadline for submission is 17 November, 2023. Full papers should be submitted to BearConference@bankofengland.co.uk. Authors of successful submissions will be notified by mid[…]
CfP Deadline: November 15, 2023 Conference Event: May 9-10, 2024 Event Location: Washington, United States Organizer(s): SEC Division of Economic and Risk Analysis (DERA)Lehigh University’s Center for Financial Services (CFS)University of Maryland’s Center for Financial Policy (CFP) Description: Submission: The deadline for paper submissions is November 15, 2023 with a submission fee of $40. Papers[…]
CfP Deadline: December 11, 2023 Conference Event: May 19-22, 2024 Event Location: Atlanta, United States Organizer(s): Society for Financial Studies Keynote Speaker(s): Cavalcade Keynote: Jules van Binsbergen (The Wharton School)RAPS & RCFS Keynote: TBA Description: The SFS Cavalcade is a three day conference covering all areas of finance. The goal is to provide a setting[…]