Eighth BIS Research Network meeting "Assessing the impact of the post-crisis financial regulatory reforms"
Friday 28 September 2018, Basel
The eighth BIS Research Network meeting took place on 28 September 2018, bringing together researchers from academia and central banks around the theme "Assessing the impact of the post-crisis financial regulatory reforms". The meeting reviewed the determinants of bank productivity and the impact of capital and liquidity regulations, with a focus on their unintended consequences and spillover effects onto financial markets.
| Welcome remarks | ||
| Agustín Carstens, Bank for International Settlements | ||
| Session 1 - Determinants of banks' value creation | ||
| Chair: Hyun Song Shin, Bank for International Settlements | ||
| Banking on deposits: maturity transformation without interest rate risk (with I Drechsler and A Savov) | ||
| Presenter | Philipp Schnabl, New York University Stern School of Business | presentation |
| Discussant | René Stulz, Ohio State University | discussion paper |
| The cross section of bank value (with M Egan and S Lewellen) | ||
| Presenter | Adi Sunderam, Harvard Business School | presentation |
| Discussant | Christa Bouwman, Mays Business School, Texas A&M University | discussion paper |
| Session 2 - Evaluating the impact of post-crisis reforms | ||
| Chair: Stijn Claessens, Bank for International Settlements | ||
| Banking regulation, market liquidity and the macroeconomy (with F Collard and U Lewrick) | ||
| Presenter | Frédéric Boissay, Bank for International Settlements | presentation |
| Discussant | Tim Landvoigt, The Wharton School, University of Pennsylvania | discussion paper |
| Repo market functioning: the role of capital regulation (with A Kotidis) | ||
| Presenter | Neeltje van Horen, Bank of England | presentation |
| Discussant | Jack Bao, University of Delaware | discussion paper |
| The rise of shadow banking: evidence from capital regulation (with R Irani, R Iyer and R Meizenzahl) | ||
| Presenter | José-Luis Peydró, Universitat Pompeu Fabra | presentation |
| Discussant | Amit Seru, Stanford Graduate School of Business | discussion paper |
| Keynote lecture : Equilibrium bitcoin pricing | ||
| Bruno Biais, HEC Paris | presentation | |
| Closing remarks | ||
| Hyun Song Shin, Bank for International Settlements | ||