Conferences & workshop

4th Conference on Bank Performance, Financial Stability and the Real Economy

8.45 – 9.00: Registration

9.00 – 9.10: Welcome: Marco Pagano (University of Naples Federico II)

9.10 – 10.20: Keynote Lecture: Atif Mian (Princeton University)
“How Do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s”, joint with Amir Sufi and Emil Verner

10.20 – 10.50: Coffee Break

10.50 – 11.00: Remarks: Francesco Giordano (Unicredit)

11.00 – 12.40: Session 1: Macroeconomic Impact of Credit Shocks

Chair: Vasso Ioannidou (Lancaster University)

Alberto Manconi (Bocconi University)
“Credit, Labor, and Political Unrest: Evidence from 1930s China”, joint with Fabio Braggion and Haikun Zhu
Discussant: Farzad Saidi (Stockholm School of Economics)

Fabiano Schivardi (LUISS University and Einaudi Institute for Economics and Finance)
“Credit Misallocation During the European Financial Crisis”, joint with Enrico Sette and Guido Tabellini
Discussant: Neeltje Van Horen (Bank of England)

12.40 – 13.40: Lunch

13.40 – 15.20: Session 2: Banking Regulation and Economic Stability

Chair: Tuomas Peltonen (European Systemic Risk Board)

Denis Gromb (HEC Paris)
“Financial Restructuring and Resolution of Banks”, joint with Jean-Edouard Colliard
Discussant: Fausto Panunzi (Bocconi University)

Tim Eisert (Erasmus University Rotterdam)
“The Anatomy of the Transmission of Macroprudential Policies: Evidence from Ireland”, joint with Viral Acharya, Katharina Bergant, Matteo Crosignani and Fergal McCann
Discussant: Andrea Polo (Pompeu Fabra University)

15.20 – 15.50: Coffee Break

15.50 – 17.30: Session 3: Bank Lending

Chair: Marco Di Maggio (Harvard Business School)

Florian Heider (European Central Bank)
“Life Below Zero: Bank Lending Under Negative Policy Rates”, joint with Farzad Saidi and Glenn Schepens
Discussant: Leonardo Gambacorta (Bank for International Settlements)

Geraldo Cerqueiro (Católica-Lisbon School of Business and Economics)
“Collateral Damaged? On Liquidation Value, Credit Supply and Firm Performance”, joint with Steven Ongena and Kasper Roszbach
Discussant: Jean-Edouard Colliard (HEC Paris)

19:30: Conference dinner

Organizers:
Anna Maria Menichini (University of Salerrno)
Tommaso Oliviero (Univ. of Naples Federico II)
Marco Pagano (University of Naples Federico II)
Giovannni Puopolo (University of Naples Federico II)
Saverio Simonelli (University of Naples Federico II)
Alberto Zazzaro (University of Naples Federico II)

Download the Slide [zip – 32MB]