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Fifth BIS Research Network meeting

26 September 2016 | Basel, Switzerland

About the conference

Fifth BIS Research Network meeting

On 26 September 2016, the BIS held the fifth BIS Research Network meeting, bringing together researchers from academia and central banks exploring long-range research issues related to banking, monetary policy, regulation and financial stability. With asset management and new risks for investors as the first theme, participants also discussed real effects of the financial crisis in the second session.

Agenda

Jaime Caruana, Bank for International Settlements | remarks

Chair   
Markus Brunnermeier

Are star funds really shining? Cross-trading and performance shifting in mutual fund families
paper
presentation
discussion

Gianpaolo Parise, Tamara Nefedova and Alexander Eisele

Discussant

Angelo Ranaldo

Investor flows and fragility in corporate bond funds
paper
presentation
discussion

Itay Goldstein, Hao Jiang and David T Ng

Discussant

Marcin Kacperczyk 

Liquidity risk and the dynamics of arbitrage capital
paper
presentation
discussion

Péter Kondor and Dimitri Vayanos

Discussant

Florian Heider

 

Chair   
Claudio Borio, Bank for International Settlements

When credit dries up: job losses in the great recession
paper
presentation
discussion

Samuel Bentolila, Marcel Jensen, Gabriel Jiménez and Sonia Ruano

Discussant

Marco Pagano

The real effect of relationship lending
paper
presentation
discussion

Ryan N Banerjee, Leonardo Gambacorta and Enrico Sette

Discussant

Anton Korinek

 

Hélène Rey | paper, presentation

Hyun Song Shin, Bank for International Settlements