Conference on Financial Intermediation
Attendance is by invitation only.
The Scientific Committee for the Conference is Diana Bonfim, Luísa Farinha and João Santos.
Questions about arrangements should be addressed to Maria Soledade Sartóris to conferences@bportugal.pt.
| Friday, July 15 | |
|---|---|
| 09.45 - 10.00 | Opening address |
| Session 1: Costs of debt financing | |
| 10.00 - 10.50 | Zombie Lending and Policy Traps Viral Acharya (New York University), Simone Lenzu (New York University) & Olivier Wang (New York University) Discussant: Ernst-Ludwig Von Thadden (University of Mannheim) |
| 10.50 – 11.40 | The costs of corporate debt overhang Kristian Blickley (NY Fed) and João Santos (NY Fed & Nova School of Business and Economics) Discussant: George Pennacchi (University of Illinois) |
| 11.40 – 12.10 | Coffee |
| 12.10 – 13.00 | A theory of debt accumulation and deficit cycle Antonio Mele (University of Lugano) Discussant: Charles Kahn (University of Illinois) |
| 13.00 - 14.00 | Lunch |
| Session 2: Climate change risks and financial intermediation | |
| 14.00 - 14.50 | Green Capital Requirements Martin Oehmke (London School of Economics) and Marcus Opp (Stockholm School of Economics) Discussant: Franklin Allen (Imperial College London) |
| 14.50 - 15.40 | Climate Change-Related Regulatory Risks and Bank Lending Discussant: Steven Ongena (University of Zurich) |
| 15.40 - 16.10 | Coffee |
| 16.10 - 17.00 | Climate Stress Testing Discussant: Loriana Pelizzon (SAFE Goethe University Frankfurt and Ca'Foscari University of Venice) |
| Saturday, July 16 | |
|---|---|
| Session 3: Financial intermediation after the Great Recession | |
| 09.30 - 10.20 | Loan Guarantees, Bank Lending and Credit Risk Reallocation Discussant: Elena Loutskina (UVA Darden School of Business) |
| 10.20 – 11.10 | Not All Shocks Are Created Equal: Assessing Heterogeneity in the Bank Lending Channel Discussant: Janet Gao (Georgetown University) |
| 11.10 – 11.25 | Coffee |
| 11.25 – 12.15 | A Model of Interacting Banks and Money Market Funds |
Franklin Allen (Imperial College London)
António Antunes (Banco de Portugal)
Dina Batista (Banco de Portugal)
Diana Bonfim (Banco de Portugal)
Maria Manuel Campos (Banco de Portugal)
Mário Centeno (Banco de Portugal)
Geraldo Cerqueiro (Católica Lisbon School of Business & Economics)
Ana Diniz (Banco de Portugal)
Inês Drumond (Banco de Portugal)
Luísa Farinha (Banco de Portugal)
Douglas Gale (New York University)
Janet Gao (Georgetown University)
Hyeyoon Jung (NY Fed)
Charles Kahn (University of Illinois)
Joana Leite (Banco de Portugal)
Elena Loutskina (UVA Darden School of Business)
Luís Martins (Banco de Portugal)
Márcio Mateus (Banco de Portugal)
Antonio Mele (University of Lugano)
Pedro Moreira (Banco de Portugal)
Gil Nogueira (Banco de Portugal)
Martin Oehmke (London School of Economics)
Steven Ongena (University of Zurich)
Marco Pagano (University of Naples Federico II)
Loriana Pelizzon (SAFE Goethe University Frankfurt and Ca'Foscari University of Venice)
George Pennacchi (University of Illinois)
Leonor Queiró (Banco de Portugal)
João Santos (NY Fed & Nova School of Business and Economics)
António Santos (Banco de Portugal)
Eva Schliephake (Católica Lisbon School of Business & Economics)
Eleonora Sfrappini (Halle Institute for Economic Research)
Nuno Silva (Banco de Portugal)
Carla Soares (Banco de Portugal)
Javier Suarez (CEMFI)
Ernst-Ludwig Von Thadden (University of Mannheim)
Olivier Wang (New York University)
Sujiao Zhao (Banco de Portugal)
