About the conference
The 6th BIS Annual Conference focused on "Financial System and Macroeconomic Resilience". The conference proceedings were published in the BIS Paper No 41 in July 2008.
Conference materials
William White (Bank for International Settlements) | remarks
Chair
Yaga Reddy, Reserve Bank of India
Speakers
Martin Hellwig, Max Planck Institute for Research on Collective Goods
Paper
Financial intermediaries and financial markets
Discussants
- Bengt Holmström, Massachusetts Institute of Technology
- Martin Redrado, Central Bank of Argentina | opening address
Chair
Yaga Reddy, Reserve Bank of India
Speakers
Darrell Duffie, Stanford University | presentation
Paper
Innovations in credit risk transfer: implications for financial stability
Discussants
- Mohamed El-Erian, Harvard Management Company | presentation
- Kenneth Froot, Harvard Business School | presentation
Chair
Alan Bollard, Reserve Bank of New Zealand
Speakers
- Hyun Shin, Princeton University | presentation
- Tobias Adrian, Federal Reserve Bank of New York
Paper
Liquidity and financial cycles
Discussants
- Philipp Hildebrand, Schweizerische Nationalbank | presentation
- Mary Barth, Stanford University | presentation
Chair
Alan Bollard, Reserve Bank of New Zealand
Panellists
- Donald Kohn, Board of Governors of the Federal Reserve System
- Arminio Fraga, Gávea Investimentos
- John Gieve, Bank of England | presentation, remarks
Chair
Kazumasa Iwata, Bank of Japan
Speakers
- Robert Shiller, Yale University | presentation
Paper
Risk management for households - the democratization of finance
Discussants
- John Campbell, Harvard University | presentation
- Jaime Caruana, International Monetary Fund
Chair
Kazumasa Iwata, Bank of Japan
Speakers
- Franklin Allen, Wharton School of the University of Pennsylvania | presentation
- Elena Carletti, Center for Financial Studies
Paper
Financial system: shock absorber or amplifier
Discussants
- Raghuram Rajan, University of Chicago | presentation
- Yung Chul Park, Seoul National University
Chair
Malcolm Knight (Bank for International Settlements)
Panellists
- Yi Gang (People's Bank of China)
- Stanley Fischer (Bank of Israel)
- Lucas Papademos (European Central Bank)