Program
Open Conference Program, Friday August 28
08:30 Coffee and welcome.
09:00鈥12:00
Presentation: Douglas Diamond, University of Chicago 鈥淐auses of and Lessons from the 2007鈥2009 Financial Crisis鈥.
Presentation: Chester Spatt, Carnegie Mellon University, 鈥淓conomic Principles, Government Policy and the Market Crisis鈥.
Coffee.
Presentation: Hyun Song Shin, Princeton University, 屎Financial Intermediation and the Post鈥怌risis Financial System屎.
12:00鈥13:00 Lunch.
13:00鈥14:30
Presentation: Raghuram Rajan, University of Chicago, 鈥淩ecreating the Financial System鈥.
Presentation: Luis Garicano, London School of Economics, 鈥淭owards a New Architechture for Financial Stability鈥.
14:30鈥15.00 Coffee.
15:00鈥16:15 Panel: The future of financial regulation
Participants:
Martin Andersson (Director General, Swedish Financial Supervisory Authority)
John Berrigan (Director, Macrofinancial Stability, European Commission)
Bj枚rn Sav茅n (Chairman, IK Investment Partners)
16:15 Concluding remarks.
Academic Conference Program, Saturday August 29
(The presenting author is marked with an asterisk)
08:30 Coffee.
09:00鈥09:45 鈥淔ear of fire sales and the credit freeze鈥.
Presenter: Douglas Diamond (University of Chicago)
Discussant: Denis Gromb (INSEAD)
09:45鈥10:30 鈥淩egulatory pressure and fire sales in the corporate bond market鈥.
Presenter:Andrew Ellul (Indiana University)
Discussant: Morten S酶rensen (Columbia University)
10:30鈥11:00 Coffee.
11:00鈥11:45 鈥淚lliquidity component of credit risk鈥.
Presenter: Hyun Shin* (Princeton University)
Discussant: Pete Kyle (University of Maryland)
11:45鈥12:30 屎Securitized Banking and the run on repo屎.
Presenter: Gary Gorton (Yale University)
Discussant: Chester Spatt (Carnegie Mellon University)
12:30鈥13:30 Lunch.
13:30鈥14:15 鈥淪ecuritization without risk transfer鈥.
Presenter: Philip Schnabl (New York University)
Discussant: Amit Seru (University of Chicago)
14:15鈥14:30 Coffee
14:30鈥15:15 鈥淚s making deferred (bonus) pay mandatory a good idea for banking?鈥.
Presenter: Roman Inderst(University of Frankfurt)
Discussant: Samuel Lee (New York University)
15:15鈥16:00 鈥淵esterday鈥檚 Heroes: Compensation and creative risk鈥恡aking鈥.
Presenter: Harrison Hong (Princeton University)
Discussant: Augustin Landier, Toulouse School of Economics