18th BIS Annual Conference

Friday 28 June 2019, Dolder Grand Hotel, Zurich, Switzerland


Hyun Song Shin, Bank for International Settlements
Session 1: Technological advances and the financial system
Chair: Veerathai Santiprabhob, Bank of Thailand
Author: Susan Athey, Stanford Graduate School of Business


"Technology and the financial system" (Presentation)


Franklin Allen, Imperial College Business School (Presentation)
Cecilia Skingsley, Sveriges Riksbank (Presentation)

Session 2: Machine learning and central banking
Chair: Mario Marcel, Central Bank of Chile
Author: Hélène Rey, London Business School
Paper: "Answering the Queen: Machine learning and financial crises" (Presentation)
Discussants: Francis X Diebold, University of Pennsylvania (Presentation)
Luiz Awazu Pereira da Silva, Bank for International Settlements (Presentation)
Session 3: Financial innovation and changes in financial intermediation
Chair: Pablo Hernández de Cos, Bank of Spain
Author: Thomas Philippon, New York University, Stern School of Business
Paper: "On Fintech and financial inclusion" (Presentation)
Discussants: Manju Puri, Duke University, Fuqua School of Business (Presentation)
David Dorn, University of Zurich (Presentation)
Session 4: The real effects of financial innovation
Chair: Olli Rehn, Bank of Finland
Author: Antoinette Schoar, MIT Sloan School of Management
Paper: "The real effects of financial innovation" (Presentation)


Thorsten Beck, Cass Business School (Presentation)
Janice Eberly, Northwestern University, Kellogg School of Management (Presentation)

Wrap-up panel: Financial innovation in the digital age: implications for central banks
Chair: Agustín Carstens, Bank for International Settlements
Panellists: Claudia Buch, Deutsche Bundesbank
Norman Chan, Hong Kong Monetary Authority (Presentation)
Jon Cunliffe, Bank of England (Presentation)