 |
 |
SUERF/Deutsche Bundesbank/IMFS Conference
The ESRB at 1
8-9 November, 2011
Venue: Room Bern/Zürich, Hotel Pullman Berlin Schweizerhof
Budapester Strasse 25, D-10787 Berlin
Papers and Presentations
Please note that papers and presentations will only appear here in accordance with presenting authors' wishes.
Presentations will only appear after the presentation has been given.
Tuesday 8 November 2011
| 12.00 | Registration and Walking Lunch | |
| 13.00 | Opening and Welcome Hermann Remsperger, Chairman, Stiftung Geld und Währung Catherine Lubochinsky, SUERF President, Université Paris 2 Helmut Siekmann, Institute for Monetary and Financial Stability |
|
| Session | 13.15 | Keynote Session |
| Chair: Stefan Gerlach, Deputy Governor, Central Bank of Ireland | ||
| Systemic Aspects of Risk Measurement and Risk Management: Lessons from the Financial Crisis Martin Hellwig, Max-Planck-Institute and ESRB  Presentation |
||
| 14.00 | Coffee Break | |
| Panel | 14.20 | Policy Panel |
| Moderator: Mark Schieritz, Die Zeit | ||
| Philipp M. Hildebrand, President, Schweizerische Nationalbank | ||
| Stephen G. Cecchetti, Bank for International SettlementsPresentation |
||
Stefan Ingves, Governor, Sveriges Riksbank Presentation |
||
| Alberto Giovannini, Unifortune Asset Management | ||
| 15.50 | Coffee break | |
| Session | 16.15 | Keynote Session |
| Chair: Stefan Gerlach, Deputy Governor, Central Bank of Ireland | ||
| Managing macroprudential and monetary policy - A challenge for central banks Jens Weidmann, President, Deutsche Bundesbank Speech | HTML |
||
| Session 1 | 16.45 | Theoretical and empirical macro-financial models linking financial stability and the performance of the economy |
| Chair: Jens Ulbrich, Deutsche Bundesbank | ||
| Financial Regulation in General Equilibrium Charles A.E. Goodhart, London School of Economics, Anil Kashyap, Chicago Booth School of Business, Dimitrios Tsomocos, Saïd Business School, Oxford University and Alexandros Vardoulakis, Banque de France Paper | Presentation |
||
| Macro-financial models linking financial stability and the performance of the economy Philipp Hartmann, European Central Bank and SUERF Presentation |
||
| Financial intermediation and the real economy: implications for monetary and financial stability policies Stefano Neri, Banca d'Italia Paper | Presentation |
||
| 18.15 | End of first day’s proceedings | |
| 19.30 | Dinner at the Opernpalais, Unter den Linden 5, D-10117 Berlin Dinner Speech: Macroprudential policies and financial integration Jürgen Stark, European Central Bank Speech |
Wednesday 9 November 2011
| Session 2 | 09.30 | Empirical models on the causes, transmission channels and the real impact of the financial crises |
| Chair: Ernest Gnan, Oesterreichische National and SUERF | ||
| Public Sector Debt Reduction and Growth Elod Takats and Christian Upper, Bank for International Settlements Presentation |
||
| Bank regulation, credit ratings and systematic risk Claudia Buch, University of Tübingen, Sandra Eickmeier, Deutsche Bundesbank, and Esteban Prieto, University of Tübingen Paper | Presentation |
||
| Creditless Recoveries Abdul Abiad, Giovanni dell'Ariccia and Bin Li, International Monetary Fund Presentation |
||
| 11.00 | Coffee Break | |
| Session 3 | 11.30 | Measuring Systemic Risk |
| Chair: Thilo Liebig, Deutsche Bundesbank | ||
| Measuring aggregate risk: can we robustly identify asset boom-bust cycles? Implications for macroprudential policies Vladimir Borgy, Laurent Clerc and Jean-Paul Renne, Banque de France Paper | Presentation |
||
| Attributing Systemic Risk to Individual Institutions Ester Faia, University of Frankfurt Presentation |
||
| Dealing with Systemic Risk when we measure Systemic Risk Badly Jon Danielsson, Kevin R. James, Marcela Valenzuela and Ilknur Zer, London School of Economics Presentation |
||
| 13.00 | Lunch | |
| Session 4 | 14.15 | Macroprudential Instruments to contain System Risk |
| Chair: Jürgen Pfister, BayernLB and SUERF | ||
| Macroprudential Instruments for containing Systemic Risk: the ESRB View Francesco Mazzaferro, ESRB Secretariat |
||
| Development of Macroprudential Policy in the UK Simon Hall, Bank of England Presentation |
||
| Keynote | 15.45 | Concluding Remarks |
| Volker Wieland, Institute for Monetary and Financial StabilityPresentation |
||
| 16.00 | End of event |