2nd ACPR International Academic Conference

 Wednesday, 2nd December 2015

 
 

PROGRAM

 

8:30 - 9:00

Registration & Welcome Coffee

9:00 - 9 :15

Welcome address: Robert Ophèle, deputy Governor of Banque de France

9:15 - 11:00       Session A : Bank Organisational Structures and Macroprudential Policies

Chairman : Frédéric Visnovsky (Autorité de Contrôle Prudentiel et de Résolution)

  The Transmission of Real Estate Shocks Through Multinational Banks
  • Ata Can Bertay (World Bank)
  • Discussant: Nicholas Coleman

 

On a Tight Leash: Does Bank Organizational Structure Matter for Macroprudential Spillovers?
  • Piotr Danisewicz, Dennis Reinhardt and Rhiannon Sowerbutts (Bank of England)
  • Discussant: Silvia Bressan
The Funding of Subsidiaries Equity, “Double Leverage,” and the Risk of Bank Holding Companies (BHCs)
  • Silvia Bressan (Modul University Vienna)
  • Discussant: Gong Cheng

11:00 - 11:15

Coffee & Pastries

11:15 - 12:25       Session B : Liquidity and Bank Lending

Chairman : Johan Hombert (HEC)

 

Fire Sales, Inefficient Banking and Liquidity Ratios
  • Axelle Arquié (European University Institute, Max Weber Fellow)
  • Discussant: Andreas Barth

 

Internal Liquidity Management and Local Credit Provision
  • Nicholas Coleman, Ricardo Correa, Jason Goldrosen (Federal Reserve Board) and Leo Felerb (Johns Hopkins University)
  • Discussant: Taylor Begley

12:25 - 14:15

Break

14:15 - 16:00       Session C : Bank Business Models and Bank Risk Management

Chairman : Vasso Ioannidou (Lancaster University / CEPR)

 

The Strategic Under-Reporting of Bank Risk

  • Taylor Begley ( London Business School), Amiyatosh Purnanandamz and Kuncheng Zheng (Ross School of Business, University of Michigan)
  • Discussant : Ata Can Bertay

What Happened to Profitability? Shocks, Challenges and Perspectives for Euro Area Banks

  • Gong Cheng and Dirk Mevis (European Stability Mechanism)
  • Discussant: Natalya Martynova

Bank Profitability and Risk-Taking

  • Natalya Martynova (De Nederlandsche Bank), Lev Ratnovski (IMF), and Razvan Vlahu (De Nederlandsche Bank)
  • Discussant: Enrico Onali

16:00 - 16:15

Coffee & Pastries

16:15 -17:25       Session D :Bail-In, Bail-Out and Market Discipline

Chairman : Olivier de Bandt (Autorité de Contrôle Prudentiel et de Résolution)

 

Monitoring Matters: Debt Seniority, Market Discipline and Bank Conduct

  • Piotr Danisewicz (Bank of England) Danny Mcgowan (University of Nottingham), Enrico Onali (Aston University) and Klaus Schaeck (Lancaster University)
  • Discussant:Axelle Arquié

 Implicit Guarantees and Market Discipline: Has Anything Changed Over the Financial Crisis?

  • Andreas Barth and Isabel Schnabel (Gutenberg School of Management and Economics)
  • Discussant: Laurent Weill (Strasbourg University)
     

Time allocation: Presentation: 20 minutes - Discussion: 8 minutes - Open discussion: 7 minutes