Ninth IFC Conference "Are post-crisis statistical initiatives completed?"

Basel, 30-31 August 2018

 

Announcement of the Young Statistician Award 

Soh Jiaming (Central Bank of Malaysia) received the IFC award for the best paper presented by a young statistician, "Disentangling the supply and demand factors of household credit in Malaysia: evidence from the credit register" from IFC Chair Claudia Buch.‎

January 2019: The proceedings of the conference were published in the IFC Bulletin No 49.

THURSDAY 30 AUGUST 2018 

 
Opening remarks      Agustin Carstens, General Manager, BIS opening remarks
Keynote address Claudia Buch, IFC Chair and Vice President, Deutsche Bundesbank keynote address
Session 1 - Monitoring global entities: beyond residency-based statistics 
Chair Robert Kirchner, Deutsche Bundesbank presentation
Papers "Keeping track of MNEs through business group databases: The experience of Banco de Portugal"
Ana Bárbara Pinto, José Alexandre Neves and Tiago Pinho Pereira, Bank of Portugal
presentation
  "Cross-country bank-firm exposures: What can we learn from public data?"
Jose Maria Serena Garralda, BIS
presentation
  "Building a multilayer macro-network for the Netherlands: A new way of looking at financial accounts and international investment position data"
Melle Bijlsma, Malka de Castro Campos, Raymond Chaudron and David-Jan Jansen, Netherlands Bank
presentation
  "Who holds banks' debt securities? Statistical methods for allocation by holders"
Meng He*, China State Administration of Foreign Exchange, and Zuzana Filkova*, BIS
presentation
Session 2 - Globalisation and external sector statistics 
Chair Toh Hock Chai, Bank Negara Malaysia  
Papers "Globalization and the geography of capital flows"
Carol Bertaut, Beau Bressler, and Stephanie Curcuru, Board of Governors of the Federal Reserve System
presentation
  "Uses of mirror data: examples from the BIS international banking statistics and other external statistics"
João Falcão Silva, Bank of Portugal, and Swapan-Kumar Pradhan, BIS
presentation
  "How to identify "hidden securities assets" in the Balance of Payments: Methods of Banque de France"
Emmanuel Gervais and Pierre Bui Quang, Bank of France
presentation
  "Exchange rate effects in the international investment position - Methods, tools and applications for Germany"
Stephanus Arz, Stefan Hopp and Ulf von Kalckreuth, Deutsche Bundesbank
presentation
  "Going further than ITRS to draw up the French BOP: three tailor-made surveys"
Cécile Golfier, Bank of France
presentation
  "The IMF balance sheet approach: towards from-whom-to-whom information on cross-border portfolio securities"
Artak Harutyunyan and Carlos Sánchez Muñoz, IMF
presentation
Session 3    
Session 3.A - Managing granular financial data 
Chair   Luis Teles Dias, Bank of Portugal  
Papers "INEXDA - The granular data network" 
Stefan Bender, Deutsche Bundesbank (Paper prepared by members of the INEXDA network)
 presentation
  "An introduction to INEXDA's metadata schema" 
Stefan Bender, Brigitte Hausstein, and Christian Hirsch, Deutsche Bundesbank
 presentation
  "Privacy preserving set intersection" 
Giuseppe Bruno and Diana Nicoletti, Bank of Italy, Monica Scannapieco and Diego Zardetto, Italian National Statistical Office
 presentation
  "Data sharing under confidentiality" 
Ersan Akyıldız, Erdem Başer, Adnan Bilgen, Murat Cenk, Timur Hülagü, İrem Keskinkurt-Paksoy and A. Sevtap Selçuk-Kestel, Central Bank of the Republic of Turkey 
 presentation
  "Sharing and using financial micro-data" 
Alejandro Gaytan González, Manuel Sánchez Valadez and Mario Reyna Cerecero, Bank of Mexico
 presentation
Session 3.B - Evolving patterns in financial intermediation 
Chair  Naruki Mori, Bank of Japan  presentation
Papers "Challenges for macro data on non-bank financial intermediaries" 
Anna Maria Agresti and Celestino Giron, ECB
 presentation
  "Other Financial Corporations Survey in Japan -- Compilation measures and recent features" 
Daiki Date, Keita Takemura, and Haruko Kato, Bank of Japan
 presentation
  "Real estate fund investment in post-crisis Ireland" 
Barra McCarthy*, Central Bank of Ireland
 presentation
  "Looking through cross-border positions in investment funds: evidence from Italy" 
Valerio Della Corte, Stefano Federico and Alberto Felettigh, Bank of Italy
 presentation
  "An insight into the derivatives trading of firms in the euro area"
Nicola Benatti* and Francesco Napolitano*, ECB
 presentation
Session 4    
Session 4.A - Micro data from new perspectives 
Chair  Roh Chung Seak, Bank of Korea  
 Papers "Developing distributional household balance sheets" 
llja Kristian Kavonius and Juha Honkkila, ECB
 presentation
  "Bank of Korea Consumer Credit Panel: A new statistical initiative for financial stability" 
Mira Kim, Bank of Korea
 presentation
  "Disentangling the Supply and Demand Factors of Household Credit in Malaysia: Evidence from the Credit Register"
Jiaming Soh*, Central Bank of Malaysia
 presentation
  "Profitability, equity capitalization and net worth at risk: Update of the former ECCBSO Financial Statement Working Group paper with Spanish, Italian and Turkish data"
Merve Artman, Central Bank of the Republic of Turkey
 presentation
  "Sharing of data reported by complex multinational enterprises: a cooperative approach between Deutsche Bundesbank and Banque de France" 
Tatiana Mosquera Yon, Bank of France and Jens Walter, Deutsche Bundesbank
 presentation
Session 4.B - Data for policy assessment   
Chair Pedro Duarte Neves, Bank of Portugal  
Papers "The risk-taking channel of monetary policy in Macedonia: Evidence from credit registry data
Mite Miteski, Ana Mitreska and Mihajlo Vaskov, National Bank of the Republic of Macedonia
 presentation
  "The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data"
Leonardo Gambacorta, and Andrés Murcia, BIS
 presentation
  "Credit Indicators - Tools for assessing the effectiveness of policies aimed at reducing credit cost" 
Marcia Fiorindo, Monica Une, Juliano Cavalheiro and Fernando Rocha, Central Bank of Brazil
 presentation
  "Estimating a country's currency circulation within a monetary union"
André Dias*, Bank of Portugal
 presentation
  "International financial flows and the Eurosystem's asset purchase programme: evidence from b.o.p and security by security data" 
Katharina Bergant and Martin Schmitz, ECB 
 presentation

FRIDAY 31 AUGUST 2018 

 
 Keynote speech "Macroprudential frameworks: experience, prospects and a way forward"
Claudio Borio, Head of Monetary and Economic Department, BIS
 presentation
Session 5 - Big data   
Chair Gülbin Şahinbeyoğlu, Central Bank of the Republic of Turkey  
Papers "Demystifying big data in official statistics - it's not rocket science!" 
Jens Mehrhoff, Eurostat
 presentation
  "Liquidity in the JGB cash market: An evaluation from detailed transaction data"
Toshiyuki Sakiyama and Shun Kobayashi, Bank of Japan
 presentation
  "Can media and text analytics provide insights into labour market conditions in China?" 
Jeannine Bailliu, Xinfen Han, Mark Kruger, Yu-Hsien Liu and Sri Thanabalasingam, Bank of Canada
 presentation
  "Developments in the residential mortgage market in Germany - What can Google data tell us?" 
Simon Oehler, Deutsche Bundesbank
 presentation
  "Creating comprehensive data worlds using standardisation"
Stephan Müller, Deutsche Bundesbank
 presentation
 Session 6    
Session 6.A - Machine learning and innovative approaches   
 Chair Aurel Schubert, Honorary Professor and Lecturer, Vienna University of Economics and Business  
Papers "Imputation for missing data through artificial intelligence" 
Byeungchun Kwon, BIS
 presentation
  "A machine learning approach to outlier detection and imputation of missing data"
Nicola Benatti*, ECB
 presentation
  "A robust machine learning approach for credit risk analysis of large loan level datasets using deep learning and extreme gradient boosting" 
Anastasios Petropoulos, Vasilis Siakoulis, Evaggelos Stavroulakis and Aristotelis Klamargias, Bank of Greece
 presentation
  "Measuring Stakeholders' Expectation on Central Bank's Policy Rate"
Alvin Andhika Zulen* and Okiriza Wibisono, Bank of Indonesia
 presentation
  "Two is company, three's a crowd: Automated pairing and matching of two-sided reporting in EMIR derivatives' data"
Sébastien Pérez-Duarte and Grzegorz Skrzypczynski, ECB
 presentation
  "Evaluation of the policy rate transmission to the market interest rates taking into account agents expectations" 
Deicy Christian-Botia, Eliana Gonzalez-Molano, Carlos Huertas-Campos, Bank of the Republic, Colombia
 presentation
Session 6.B - Data governance and dissemination   
Chair:   Joe McNeill, Central Bank of Ireland  
Papers: "ECB data for analysis and decision-making: Data Governance and technology" 
Emily Witt and Jannick Blaschke, ECB 
 presentation
  "New electronic data delivery system of Central Bank of the Republic of Turkey" 
Adnan Eken, Aycan Ozek,Burcu Cakmak, and Seyma Serdengecti, Central Bank of the Republic of Turkey
 presentation
  "Enriching disclosures: The Bank Financial Strength Dashboard"
Tobias Irrcher, Reserve Bank of New Zealand
presentation
  "The establishment of a central credit register at the Bank of Israel and its statistical disclosure control processes" 
Ariel Mantzura, Bank of Israel 
 presentation
  "Making available data more useable: Compliation and publication of break-adjusted (historical) time series"
Ruben van der Helm and Jan Bartman, Netherlands Bank
 presentation
  "Reporting practices of Islamic financial institutions in the BIS locational banking statistics" 
Siew Koon Goh, BIS
presentation
Keynote address   "Globalisation and digitalisation"
Peter van de Ven, Head of National Accounts, OECD
 presentation
Panel discussion: "Are post-crisis statistical initiatives completed?"    
Chair Claudia Buch, IFC Chair and Vice President Deutsche Bundesbank   
Panel Peter van de Ven, Head of National Accounts, OECD
Aurel Schubert, Honorary Professor and Lecturer, Vienna University of Economics and Business 
Fabrizio Ruggeri, Vice President, ISI
 
Closing remarks and Announcement of the Young Statistician Award  
  Claudia Buch, IFC Chair and Vice President, Deutsche Bundesbank  

* Young statistician / Italics: presenter