About the conference
First BIS Research Network meeting
On 9-10 September 2014, the BIS held the first in a new series of meetings under the BIS's Research Network initiative, bringing together researchers from academia and central banks exploring long-range research issues related to banking, monetary policy, regulation and financial stability. With banking and asset management as the theme of the first meeting, participants discussed the interaction between capital and liquidity regulation, the channel of adjustment of bank capital to the new Basel III environment; leverage ratio pro-cyclicality, asset management flows and equilibrium prices.
Organised jointly with the Brevan Howard Centre for Financial Analysis (Imperial College) and The Paul Woolley Centre for the Study of Capital Market Dysfunctionality (London School of Economics).
Agenda
Hyun Song Shin, Bank for International Settlements
Chair
Dimitri Vayanos
| Deposits and bank capital structure | Franklin Allen, Elena Carletti and Robert Marquez |
| Equilibrium bank capital structure and regulation | Douglas Gale |
| Measuring liquidity mismatch in the banking sector | Jennie Bai, Arvind Krishnamurthy and Charles-Henri Weymuller |
Chair
Franklin Allen
| Banks and capital requirements: channels of adjustment | Ben Cohen and Michela Scatigna |
| The leverage ratio over the cycle | Michael Brei and Leonardo Gambacorta |
| Search for yield | David Martinez-Miera and Rafael Repullo |
Chair
Hyun Song Shin
| Asset management contracts and equilibrium prices | Andrea Buffa, Dimitri Vayanos, and Paul Woolley |
| A model of financialisation of commodities | Suleyman Basak and Anna Pavlova |
| Institutional investors' horizons and trading strategies | Cristina Cella, Andrew Ellul and Mariassunta Gianetti |
Chair
Claudio Borio
| Do asset price booms have negative real effects? | Indraneel Chakraborty, Itay Goldstein and Andrew MacKinlay |
| Credit expansion and neglected crash risk | Matthew Barron and Wei Xiong |
| Growthless credit booms and creditless recoveries | Mikael Juselius and Mathias Drehmann |
Hyun Song Shin, Bank for International Settlements