CONFERENCE PROGRAM
August 22-23 2016, CBS Flintholm Campus

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Monday, August 22, 2016

 

08:15

-

09:00      

Registration and coffee

 

09:00

-

09:15

Welcome and opening remarks David Lando and Lasse Heje Pedersen

 

09:15 - 10:00

Keynote: Bank Capital
George G. Pennacchi, University of Illinois slides

 

10:00 - 10:45

Bank Capital, Liquid Reserves, and Insolvency Risk
Erwan Morellec, École Polytechnique Fédérale de Lausanne and CEPR slides
(with Julien Hugonnier, École Polytechnique Fédérale de Lausanne)

 

Discussant: Kristian Miltersen, Copenhagen Business School slides

 

10:45 - 11:15

Coffee break

 

11:15 - 12:00

XVAs: the Balance Sheet View
Leif B. Andersen, Bank of America Merrill Lynch slides

(with Darrell Duffie, Stanford University and Yang Song, Stanford University)

 

Discussant: David Lando, Copenhagen Business School slides

 

12:00

-

13:30

Lunch (standing)

 

13:30

-

14:15

Central Bank Collateral Frameworks
Kjell G. Nyborg, University of Zürich and CEPR

 

Discussant: Ulrich Bindseil, European Central Bank (ECB) slides

 

14:15

-

15:00

Quantitative Easing in the Euro Area: The Dynamics of Risk Exposures and the Impact on Asset Prices

Motohiro Yogo, Princeton University slides

 

(with Ralph S. J. Koijen, London Business School, Francois Koulischer, Banque de France, and Beno─▒t Nguyen, Banque de France)

Discussant: José-Luis Peydró Alcalde, Universitat Pompeu Fabra, CREI and Barcelona GSE, CEPR

 

15:00

-

15:30

Coffee break

 

15:30

-

16:15

Keynote: Household debt and business cycles worldwide
Amir Sufi, University of Chicago Booth School of Business and NBER
(with Atif Mian, Princeton University and Emil Verner, Princeton University)

16:15

-

17:30

Cocktail reception

 

 

 

Tuesday, August 23, 2016

 

08:15

-

09:00

Registration and coffee
 

09:00

-

09:45

Keynote: The Bank-Sovereign Nexus and the Case for European Safe Bonds
Marco Pagano, University of Naples Federico II and CEPR slides

 

09:45

-

10:30

Bank Resolution and the Structure of Global Banks
Martin Oehmke, Columbia Business School slides
(with Patrick Bolton, Columbia University)

 

Discussant: Martin Summer, Austrian Central Bank (OeNB) slides

 

10:30

-

11:00

Coffee break

 

11:00

-

11:45

Monetary Policy And Global Banking
Victoria Ivashina, Harvard Business School slides

(with Falk Bräuning, Federal Reserve Bank of Boston)

 

Discussant: Morten Linnemann Bech, Bank for International Settlements (BIS) slides

 

11:45

-

12:30

Keynote: A General Equilibrium Theory of Bank Capital Structure
Douglas M. Gale, New York University slides

(with Piero Gottardi, European University Institute)

 

12:30

-

12:45

Closing remarks: David Lando and Lasse Heje Pedersen

 

12:45

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14:30

Lunch (standing)

 

 

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Program in PDF

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Copenhagen Business School (CBS) - Solbjerg Plads 3 - 2000 Frederiksberg - Denmark - www.cbs.dk