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Workshop on Applied Banking Research "Banking, Risk and Regulation" - 2007

10–11 May 2007 | Washington DC, United States

About the workshop

A research workshop for economists at central banks and supervisory authorities was held in Washington, DC on 10-11 May 2007. The workshop - Banking, Risk and Regulation: A Workshop on Applied Banking Research - has been organised by the Research Task Force of the Basel Committee on Banking Supervision and will be sponsored by the Federal Deposit Insurance Corporation.

The workshops are held every two years to facilitate contacts among researchers of different institutions and to stimulate both theoretical and empirical research that assist bank supervision and regulation.

 

  • Martin Birn (Basel Committee Secretariat)
  • Jürg Blum (Swiss National Bank)
  • Paul Kupiec (Federal Deposit Insurance Corporation)
  • Iman P P van Lelyveld (The Netherlands Bank)
  • Nancy Masschelein (National Bank of Belgium)
  • Erlend Nier (Bank of England)
  • Martin Summer (Austrian National Bank)
  • Bent Vale (Central Bank of Normway)

Agenda

Myron L Kwast (Board of Governors of the Federal Reserve System and Co-Chairman of the Research Task Force)

Chair: Nancy Masschelein (National Bank of Belgium)

Debt composition and recoveries on defaulted debt

Mark Carey (Board of Governors of the Federal Reserve System)
Michael Gordy (Board of Governors of the Federal Reserve System)

Discussion by Klaus Düllmann (Deutsche Bundesbank)

Empirical Analysis of Corporate Credit Lines

Gabriel Jiminéz (Bank of Spain)
Jose A Lopez (Federal Reserve Bank of San Francisco)
Jesús Saurina (Bank of Spain)

Discussion by Antonella Foglia (Bank of Italy)

Credit risk and business cycle over different regimes

Juri Marcucci (Bank of Italy)
Mario Quagliariello (Bank of Italy)

Discussion by Til Schuermann (Federal Reserve Bank of New York)

Chair:  Jürg Blum (Swiss National Bank)

Bank's choice of liquidity: the role of fire sales and entry

Viral Acharya (London Business School and CEPR)
Hyun Song Shin (Priceton University)
Tanju Yorulmazer (Bank of England)

Discussion by Haibin Zhu (Bank for International Settlements)

Liquidity and transparency in bank risk management

Lev Ratnovski (Bank of England)

Discussion by Lars Frisell (Sveriges Riksbank)

A new risk indicator and stress testing tool: a multifactor-nth-to-default CDS basket

Renzo G Avesani (International Monetary Fund)
Antonio Garcia Pascual (International Monetary Fund)
Jing Li (International Monetary Fund)

Discussion by Benjamin Tabak (Central Bank of Brazil)

Chair:  Erlend Nier (Bank of England)

Self-destroying prophecies? The endogeneity pitfall in using market signals as triggers for pompt corrective action

Urs W Birchler (Swiss National Bank)
Matteo Facchinetti (Swiss National Bank)

Discussion by Joao Santos (Federal Reserve Bank of New York)

Stale information, shocks and volatility (paper on the ECB website)

Reint Gropp (European Central Bank, University of Frankfurt and ZEW)
Arjan Kadereja (European Central Bank)

Discussion by Diana Hancock (Board of Governors of the Federal Reserve System)

How do banks adjust their capital ratios? Evidence from Germany

Christoph Memmel (Deutsche Bundesbank)
Peter Raupach (Deutsche Bundesbank)

Discussion by José-Luis Peydro-Alcalde (European Central Bank)

Chair: Bent Vale (Central Bank of Norway)

The effect of bank supervision on loan growth

Timothy J Curry (Federal Deposit Insurance Corporation)
Gary S Fissel (Federal Deposit Insurance Corporation)
Carlos D Ramirez (George Mason University)

Discussion by Ivan Alves (European Central Bank)

Spoilt and lazy: the impact of state support on bank behaviour in the international loan market

Blaise Gadanecz (Bank for International Settlements)
Kostas Tsatsaronis (Bank for International Settlements)
Yener Altunbas (University of Wales)

Discussion by Thomas Kick (Deutsche Bundesbank)

Loss coverage and stress testing mortgage portfolios: a non-parametric approach

Adolfo Rodriguez (Bank of Spain)
Carlos Trucharte (Bank of Spain)

Discussion by Iman van Lelyveld (The Netherlands Bank)

Myron L Kwast (Board of Governors of the Federal Reserve System and Co-Chairman of the Research Task Force)