Skip to main content

3rd BIS-CGFS workshop on "Research on global financial stability: the use of BIS international banking and financial statistics"

7 May 2016 | Basel, Switzerland

About the conference

A joint BIS-CGFS workshop on "Research on global financial stability: the use of BIS international banking and financial statistics", Basel, Switzerland, 7 May 2016.

On 7 May 2016 the BIS and the Committee on the Global Financial System (CGFS) jointly hosted the third workshop on research on global financial stability. The workshop focused on empirical work related to international banking and financial markets, with emphasis on analysis based in whole or in part on the international banking, debt securities and derivatives statistics compiled by the BIS on behalf of the CGFS. The workshop was intended to promote the use of these statistics, including the newly enhanced banking statistics, among central bankers, analysts and academics.

Conference materials

09:00 Welcoming remarks
Hyun Song Shin, Economic Adviser and Head of Research, BIS
09:15 Session 1: Determinants of international bank lending

Supply- and demand-side factors in global bank credit

presentation

Mary Amiti (FRBNY), Patrick McGuire (BIS) and David Weinstein (Columbia University)

Discussant: Sebnem Kalemli-Ozcan (University of Maryland) (discussion)

Connected to whom? International bank borrowing during the global crisis

presentation

Kalin Tintchev (IMF)

Discussant: Alberto Franco Pozzolo (Università del Molise) (discussion)

11:15 Session 1: Determinants of international bank lending (cont.)

The two faces of cross-border banking flows

presentation

Dennis Reinhardt (Bank of England) and Steven Riddiough (University of Melbourne)

Discussant: Martin Brown (University of St Gallen) (discussion)

12:00 Keynote address
Claudia Buch, Deputy President, Deutsche Bundesbank
13:30 Session 2: International transmission of monetary policy

Cross-border bank flows and monetary policy 

presentation

Ricardo Correa (Federal Reserve Board), Teodora Paligorova (Bank of Canada), Horacio Sapriza (Federal Reserve Board) and Andrei Zlate (Federal Reserve Bank of Boston)

Discussant: Camelia Minoiu (IMF) (discussion)

Asynchronous Monetary Policies and International Dollar Credit

presentation

Dong He (IMF), Eric Wong (HKMA), Andrew Tsang (HKMA), and Kelvin Ho (HKMA)

Discussant: Mary Everett (Central Bank of Ireland) (discussion)

15:30 Session 3: International banking and regulation

Deposit insurance in times of crises: safe haven or regulatory arbitrage?

presentation

Stefanie Kleimeier (Maastricht University), Shusen Qi (Maastricht University), and Harald Sander (Cologne University of Applied Sciences)

Discussant: Evren Damar (Bank of Canada) (discussion)

The shifting drivers of international capital flows

presentation

Stefan Avdjiev (BIS), Leonardo Gambacorta (BIS), Linda Goldberg (FRBNY), Stefano Schiaffi (Bocconi University)

Discussant: Matthieu Bussière (Banque de France) (discussion)

17:00 Closing remarks
Linda Goldberg (FRBNY) and Kostas Tsatsaronis (BIS), Co-chairs of the Organising Committee