Navigation Path: Home > Events > Conferences & seminars > Workshop on the bank lending channel in the euro area: new models and empirical analysis
Conference Room CPII
Eurotheum, Plinth building,
European Central Bank, Frankfurt am Main, Germany
Day 1 - 24 June
| 8.15 a.m - 8.45. a.m. | Registration |
| 8.45 a.m. - 09.00 a.m. | Welcoming: Vítor Constâncio, Vice President, European Central Bank |
| Session I The role of banks in monetary transmission using structural/DSGE models Chair: Frank Smets, European Central Bank |
|
| 9.00 a.m. – 9.50. a.m. | "Credit risk transfers and the macroeconomy" Ester Faia (Goethe University Frankfurt) Discussant: Simon Gilchrist (Boston University) |
| 9.50 a.m. - 10.40 a.m. | "A model of unconventional monetary policy" Mark Gertler (New York University) and Peter Karadi (National Bank of Hungary) Discussant: Diego Rodríguez Palenzuela (ECB) |
| 10.40 - 11.10 | Coffee break |
| 11.10 - 12.00 | "Capital Requirement and Financial Frictions in Banking" Ali Dib (Bank of Canada) Discussant: Falko Fecht (European Business School) |
| 12.00 - 12.50 | Bank Leverage Regulation and Macroeconomic Dynamics Cesaire Meh, Ian Christensen and Kevin Moran (Bank of Canada) Discussant: Oreste Tristani (ECB) |
| 12.50 – 14.20 | Lunch (Eurotheum CP24/CP25) |
| Chair: Massimo Rostagno, European Central Bank | |
| 14.20 - 15.10 | "Capital Regulation, Monetary Policy, and Financial Stability" Pierre-Richard Agénor (University of Manchester), Koray Alper, (Central bank of Turkey), and Luiz Pereira da Silva (Central Bank of Brazil) Discussant: : Javier Suarez, Center for Monetary and Financial Studies |
| 15.10 - 16.00 | "Monetary and financial stability rules in a model with house price booms" Prakash Kannan (IMF), Pau Rabanal (IMF) and Alasdair Scott (IMF) Discussant: Laurent Clerc (Banque de France) |
| 16.00 - 16.20 | Coffee break |
| 16.20 - 17.10 | "Macroeconomic propagation under different regulatory regimes: evidence from an estimated DSGE for the euro area" Matthieu Darracq Pariès (ECB), Christoffer Kok (ECB), Diego Rodriguez Palenzuela (ECB) Discussant: Francisco Covas (Board of Governors of the Federal Reserve System) |
| 19.30 | DINNER (by invitation) Key note speech – Luiz Pereira da Silva, Vice-Governor, Central bank of Brazil |
Day 2 - 25 June
| 8.45 - 9.15 | Registration |
| Session II The Impact of Credit Supply Effects: Information derived from bank lending surveys Chair: Ignazio Angeloni, European Central Bank |
|
| 9.15 - 10.00 | "Quantifying the effect of financial conditions in the euro area, Japan, United Kingdom and United states?" Stéphanie Guichard, David Haugh, David Turner and Boris Cournede (OECD) Discussant: Tor Jacobson (Sveriges Riksbank) |
| 10.00 - 10.45 | "Identifying the Macroeconomic Effects of Bank Lending Supply Shocks" William F. Bassett, Mary Elizabeth Chosak, John C. Driscoll and Egon Zakrajsek (Federal Reserve Board) Discussant: Katrin Assenmacher-Wesche (Swiss National Bank) |
| 10.45 - 11.30 | Coffee break |
| 11.30 - 12.15 | "Disentangling demand and supply in credit developments: a survey-based analysis for Italy" Paolo Del Giovane, Ginette Eramo and Andrea Nobili (Banca d´Italia) Discussant: Leonardo Gambacorta (Bank for International Settlements) |
| 12.15 - 13.00 | "The Impact of Supply Constraints on Bank Lending in the Euro Area – Crisis Induced Crunching?" Hannah S. Hempell and Christoffer Kok Sorensen (ECB) Discussant: Ramona Jimborean (Banque de France) |
| 13.00 - 14.00 | Lunch (Eurotheum CP24/25) |
| Session III The Bank Lending Channel: Micro-evidence and implications for monetary policy Chair: Diego Rodríguez Palenzuela, European Central Bank |
|
| 14.00 - 14.45 | "The Credit Channel of Monetary Policy: International Evidence from Bank Lending" Roberto A. De Santis (ECB) and Paolo Surico (LBS) Discussant: Klaus Schaek (Bangor University) |
| 14.45 - 15.30 | "Do banks propagate debt market shocks?" Galena Hale and Joao A. C. Santos (Federal Reserve Bank of New York) Discussant:David Marqués Ibáñez (ECB) |
| 15.30 - 15.45 | Coffee break |
| 15.45 - 16.30 | Liquidity management in the financial crisis Victoria Ivashina (Harvard Business School) and David S. Scharfstein (Harvard Business School) Discussant:Benoît Mojon (Banque de France) |
| 16.30 - 17.15 | "Credit Crunch, Flight to Quality and Evergreening: An Analysis of Bank-Firm Relationships After Lehman" Ugo Albertazzi and Domenico Marchetti (Banca d’Italia) Discussant:Jose Luis Peydró (ECB) |
| 17.15 - 17.30 | Conclusion |
| Conference dates | Thursday, 24 June 2010 and Friday, 25 June 2010 |
| Conference venue | European Central Bank Eurotheum Plinth building, 1st floor, Conference room CP11 Neue Mainzer Strasse 66-68 60311 Frankfurt am Main Germany Tel.: +49 69 1344 0 Fax: +49 69 1344 6000 Email: info@ecb.europa.eu |
| Dinner venue | Restaurant Emma Metzler Schaumainkai 17 60594 Frankfurt am Main,Germany Tel.: 069/61995906 Dress code: business attire |
| Conference language | English |
| Programme | The conference programme may be changed without notice. |
| Conference organisation | ECB Directorate Economics Capital Markets/Financial Structure Division Diego Rodriguez Palenzuela Tel.: +49 69 1344 6480 Fax: +49 69 1344 8839 E-mail: diego.rodriguez@ecb.europa.eu Agnese Apine Tel: +49 69 1344 6503 Fax: +49 69 1344 6514 E-mail: agnese.apine@ecb.europa.eu ECB Directorate Communications Publishing, Events and Protocol Division Silke Köhler Tel.: +49 69 1344 8671 Fax: +49 69 1344 5775 E-mail: EVP-Events@ecb.europa.eu |
| Internet | www.ecb.europa.eu |
