5th Financial Stability Conference
The Regulatory framework of the future
21-22 October, 2013
Tilburg, the Netherlands
The conference will be organized in cooperation with the European Banking Center and the CEPR.
The conference will be sponsored by SNL Financial Ltd.
Asli Demirguc-Kunt, the World Bank
CALL FOR PAPERS
The aim of this conference is to bring together researchers in different fields of finance and economics working on financial stability and regulation-related issues. We are inviting high quality submissions of theoretical and empirical nature.
Topics include the following, but are not limited to:
Bank Capital and Liquidity
- How should we measure bank capital? How large should capital buffers be and when does prompt corrective action need to be triggered?
- What are the determinants of bank capital? What are the social and private costs and benefits of leverage, and how can they be measured?
- Deleveraging and bank performance following heightened bank capital requirements. How (fast) do banks adjust their balance sheet? Is deviating from optimal or regulatory targets costly and value-destroying?
- Do liquidity requirements lead to better risk management and less systemic risk?
Regulation, Monetary Policy and Economic Performance
- How should bank capital requirements vary with the business cycle?
- What does bank regulation imply for the optimal monetary policy design over the business cycle?
- What does more financial regulation mean for firm entry, firm-level investment and economic growth?
Bank Size and Complexity
- Is it necessary to limit size and or complexity? Does it help preventing the moral hazard of “too big to fail”?
- Does putting limits on bank size and activities yield more credible resolutions plans and better recovery prospects?
- How does fair value accounting and disclosure affect the fragility of financial institutions? To what extent should financial reporting and bank capital regulation be linked or decoupled?
Governance, Competition, and Internationalization
- How does regulation at home affect banks’ finance abroad? Is there scope for regulatory arbitrage?
- On the cooperation between local regulators and supervisors and cross-border regulators and supervisors: Which banks should be supervised by the ECB and which ones by local supervisors? How to respond to a unilateral delayed implementation of regulation that was decided in a global agreement?
- Regulating the competitive structure of the banking sector: How is banking competition related to financial stability? What are the conditions that induce too much (or too little) competition to deteriorate stability? The optimality of bank competition policy.
- Is there a link between corporate governance of banks and financial stability? What is the role that the regulatory framework can play at achieving better management and organizational structural in the banking sector?
Paper submissions and deadline
The deadline for submissions is May 31, 2013. Papers should be submitted electronically to firstname.lastname@example.org referring to FS conference 2013 along with your affiliation and e-mail address.
In the e-mail, please indicate whether or not you are willing to act as a discussant.
Authors of accepted papers will be contacted by August 15, 2013.
Economy class travel and accommodation for invited participants will be covered.
The conference will be held at Tilburg University. Tentatively, the program will start on Monday at 10:00 and will end on Tuesday at 15:30. The program will include 8-10 papers with their discussions, leaving ample time for comments from the audience. Presenters and discussants are kindly invited to attend for the whole duration of the conference.
- Olivier De Jonghe (EBC, Tilburg University)
- Burak Uras (EBC, Tilburg University)
- Wolf Wagner (EBC, Tilburg University)
- Allen Berger (Moore School of Business - University of South Carolina and EBC)
- Mitchell Berlin (Federal Reserve Bank of Philadelphia)
- Elena Carletti (European University Institute and CEPR)
- Uli Hege (HEC Paris)
- Harry Huizinga (Tilburg University, EBC and CEPR)
- Hamid Mehran (Federal Reserve Bank of New York)
- Cyril Monnet (University of Bern)
- Jose Luis Peydro-Alcalde (Universitat Pompeu Fabra - Barcelona)
- Jörg Rocholl (European School of Management and Technology – Berlin)
- Larry Wall (Federal Reserve Bank of Atlanta)
- Andrew Winton (Carlson School of Management, Minnesota)