Events

1st Annual Workshop of ESCB Research Cluster 3 on "Financial stability, macroprudential regulation and microprudential supervision"

02/11/2017 (Workshops)

Bank of Greece and European Central Bank

Thursday, 2 November 2017

 

 


 

 

 




 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 




 


 

08:30 Registration

08:45 Welcome address
Yannis Stournaras, Governor of the Bank of Greece

09:00 - 11:00 Session A
Chair: Dimitris Malliaropulos, Bank of Greece and University of Piraeus

Credit supply shock propagation and amplification in the real economy: firm-level evidence
Hans Dewachter, Nationale Bank van België/Banque Nationale de Belgique
Joris Tielens* and Jan Van Hove, KU Leuven
Discussant: Marcel Tirpak, European Central Bank

Monetary policy, lending standards, and bank risk-taking: evidence from the Swedish mortgage market
Jieying Li* and Peter Van Santen, Sveriges Riksbank
Discussant: Giuseppe Cappelletti, European Central Bank

Pitfalls in the use of systemic risk measures
Gunter Löffler, University of Ulm
Peter Raupach*, Deutsche Bundesbank
Discussant: Bernd Schwaab, European Central Bank

Rules and discretion(s) in prudential regulation and supervision: evidence from EU Banks in the run-up to the crisis
Angela Maddaloni, European Central Bank
Alessandro D. Scopelliti*, European Systemic Risk Board
Discussant: Daniel Foos, Deutsche Bundesbank

11:20 - 12:10 Keynote speeches and panel discussion 

The use of financial research in the policy process
Luc Laeven, European Central Bank

A selective and forward-looking view on financial research topics
Stijn Claessens, Bank for International Settlements

Panel discussion chair: Heather Gibson, Bank of Greece

12:10 - 13:40 Session B
Chair: Benoît Mojon, Banque de France

Life below zero: bank lending under negative policy rates
Florian Heider and Glenn Schepens*, European Central Bank
Farzad Saidi, Stockholm School of Economics
Discussant: Diana Bonfim, Banco de Portugal

Credit supply shocks, networks effects and the real economy
Laura Alfaro, Harvard Business School
Manuel García-Santana, Universitat Pompeu Fabra
Enrique Moral-Benito*, Banco de España
Discussant: Olivier De Jonghe, Nationale Bank van België/Banque Nationale de Belgique

Asymmetric information and the securitisation of SME loans
Ugo Albertazzi* and Margherita Bottero, Banca d’Italia
Leonardo Gambacorta, Bank for International Settlements
Steven Ongena, University of Zurich
Discussant: Eduardo Maqui, Central Bank of Ireland

14:30 - 16:30 Session C
Chair: Simone Manganelli, European Central Bank

Measuring financial stress and its impact on the macroeconomy
Sulkhan Chavleishvili, Goethe University Frankfurt
Manfred Kremer*, European Central Bank
Discussant: Robert Vermeulen, De Nederlandsche Bank

Detrending and financial cycle facts across G7 countries: mind a spurious medium term!
Yves S. Schüler, Deutsche Bundesbank
Discussant: Petros Migiakis, Bank of Greece

Monetary policy, stock market and sectoral comovement
Pierre Guérin, Bank of Canada
Danilo Leiva-Leon*, Banco de España
Discussant: Dimitrios Louzis, Bank of Greece

Bank business models at zero interest rates
André Lucas and Julia Schaumburg, Vrije Universiteit Amsterdam
Bernd Schwaab*, European Central Bank
Discussant: Xisong Jin, Banque centrale du Luxembourg

16:50 - 18:50 Session D
Chair: Federico Pierobon, European Central Bank

Non-performing loans and the supply of bank credit from Italy
Matteo Accornero, Piergiorgio Alessandri, Luisa Carpinelli* and
Alberto Maria Sorrentino, Banca d’Italia
Discussant: Carlo Altavilla, European Central Bank

Real effects of financial distress: the role of heterogeneity
Francisco Buera, Federal Reserve Bank of Chicago
Sudipto Karmakar*, Banco de Portugal
Discussant: Glenn Schepens, European Central Bank

Mitigating counterparty risk
Yalin Gündüz, Deutsche Bundesbank
Discussant: Evangelos Benos, Bank of England

Banking crises, bail-ins and depositor confidence: lessons from Cyprus
Martin Brown, University of St.Gallen
Ioanna S. Evangelou, Central Bank of Cyprus
Helmut Stix*, Oesterreichische Nationalbank
Discussant: Evangelos Charalambakis, Bank of Greece

 

Friday, 3 November 2017

 

 

 

 

 


 

 

 

 

 

 



 

 

 

 

 

 

 

09:00 - 10:30 Session E
Chair: Dimitris Georgarakos, European Central Bank

Stress tests of the household sector based on microdata from the survey and administrative sources
Jaanika Meriküll and Tairi Rõõm*, Eesti Pank
Discussant: Miguel Ampudia, European Central Bank

Mortgage debt and shadow banks
Sebastiaan Pool, De Nederlandsche Bank
Discussant: Johannes Poeschl, Danmarks Nationalbank

Simulating the impact of borrower-based macroprudential policies on mortgages and the real
Nicolas Albacete and Peter Lindner, Oesterreichische Nationalbank

10:50 - 12:20 Session F
Chair: Hiona Balfoussia, Bank of Greece (Cluster coordinator)

Bank capital in the short and in the long run
Caterina Mendicino* and Kalin Nikolov, European Central Bank
Javier Suarez, CEMFI and the Centre for Economic Policy Research
Dominik Supera, Wharton School
Discussant: Dimitris Papageorgiou, Bank of Greece

Bank capital buffers in a dynamic model
Jochen Mankart*, Deutsche Bundesbank
Alexander Michaelides, Imperial College London
Spyros Pagratis, Athens University of Economics and Business
Discussant: Saleem Bahaj, Bank of England

Bank runs and macroprudential instruments in a global game general equilibrium model
Daisuke Ikeda, Bank of England
Discussant: Anatoli Segura, Banca d’Italia

12:40 - 14:10 Session G
Chair: David Marqués-Ibáñez, European Central Bank (Cluster coordinator)

A positive analysis of bank behaviour under capital requirements
Saleem Bahaj*, Bank of England
Frédéric Malherbe, London Business School
Discussant: Pablo Alberto Aguilar García, Banco de España

Bank resolution and the mutualisation of the public backstop in a banking union
Anatoli Segura*, Banca d’Italia
Sergio Vicente, Universidad Carlos III de Madrid
Discussant: Agnese Leonello, European Central Bank

Liquidity management in banking: what is the role of leverage?
Fabiana Gomez, University of Bristol
Quynh-Anh Vo*, Bank of England
Discussant: Ettore Panetti, Banco de Portugal

 

This website uses cookies for the optimization of your user experience. Learn More
I Accept