Možnosti vyhledávání
Home Média ECB vysvětluje Výzkum a publikace Statistika Měnová politika Euro Platební systémy a trhy Kariéra
Třídit podle
V češtině není k dispozici.

Small business financing

European Central Bank, Kelley School of Business - Indiana University, Center for Economic Policy Research, and Review of Finance jointly organized conference

Location: Eurotower, CIV

12.45 p.m. Registration and lunch buffet
1:45 p.m. Welcome address
Benoît Cœuré, Member of the Executive Board, European Central Bank

Session 1
Loan officers' incentives

Chair: Alexander Popov, European Central Bank
2.00 p.m. Do loan officers' incentives lead to lax lending standards?
Sumit Agarwal, Federal Reserve Board of Chicago; Itzhak Ben-David, Ohio State University

Discussant: Florian Heider, European Central Bank
2.45 p.m. Does discretion in banking increase bank risk? Borrower self-selection and loan officer capture effects
Reint Gropp, Andre Guttler, and Christian Gruendl, European Business School

Discussant: Vivek Ghosal, Georgia Institute of Technology
3.30 p.m. Coffee break
3.45 p.m. Session 2
Loan sales and securitization

Chair: Philippe Moutot, European Central Bank

Loan sales and screening incentives
Thomas Gherig, Univeristy of Vienna; Helmut Bester, Free University Berlin; Rune Stenbacka, Hanken School of Economics;

Discussant: Daniela Fabbri, Cass School of Business
4.30 p.m. Lending relations and credit rationing: The impact of securitization
Santiago Carbo Valverde, Bangor University; Hans Degryse, KU Leuven; Francisco Rodriquez Fernandez, University of Granada;

Discussant: Paolo Mistrulli, Bank of Italy
7.30 p.m. Dinner (by invitation only)
Kuffler & Bucher am Opernplatz
Opernplatz 2
Frankfurt am Main
8.45 a.m. Registration and coffee

Session 3
Lending shocks

Chair: Philipp Hartmann, European Central Bank
9:30 a.m. Shocks abroad, pain at home? Bank-firm level evidence on financial contagion during the recent financial crisis
Steven Ongena, Tilburg University; Jose-Luis Peydro, University Pompeu Fabra; Neeltje van Horen, Dutch Central Bank

Discussant: Christa Hainz, University of Munich
10.15 a.m. The anatomy of a credit supply shock: Evidence from an internal credit market
Jose Liberti, DePaul University; Jason Sturgess, Georgetown University

Discussant: Nicolas Serrano-Velarde, Bocconi University
11 a.m. Coffee break
11.30 a.m. Keynote address
Allen Berger, Moore School of Business, University of South Carolina
1.00 p.m. Lunch buffet
2.00 p.m. Session 5
Bank lending technologies
Chair: Diego Rodriguez Palenzuela, European Central Bank

Foreigners vs. natives: Bank lending technologies and loan pricingThorsten Beck, Vasso Ioannidou, and Larissa Schafer, Tilburg University

Discussant: Lars Norden, Erasmus University Rotterdam
2.45 p.m. Differentiated use of small business credit scoring by relationship lenders and transactional lenders: Evidence from firm-bank matched data in Japan
Ryo Hasumo, Japan Center for Economic Research; Hideaki Hirata, Hosei Business School; Ariot Ono, Mizuho Research Institute

Discussant: Robert De Young, University of Kansas
3.30 p.m. Coffee break
3.45 p.m. Entrepreneurial optimism, credit availability, and cost of financing: Evidence from U.S. small businesses
Rebel Cole, DePaul University; Na Dai, SUNY Albany; Vladimir Ivanov, SEC

Discussant: Ralph De Haas, EBRD
Conference venue European Central Bank
Kaiserstraße 29
60311 Frankfurt am Main
Tel.: +49 (0) 69 1344 0
Fax: +49 (0) 69 1344 6000
Conference language English
Programme The workshop programme may be changed without notice.
Contact persons Dimitrios Koukidis
ECB Directorate Communications
Budget and Projects Division

Alexander Popov
ECB Directorate General Research
Financial Research Division

Sabine Wiedemann
ECB Directorate General Research
Financial Research Division