CREDIT 2018
General Information

Welcome

Programme & Papers
Conference Venue
Registration
Committees
Past CREDIT Events
Technical Information
Call for Papers
Keynote Speakers
Important Dates
Author Instructions
Travel & Lodging
Accommodations
Networking Dinner
About Venice
Must See-sights

 

 

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Programme

Thursday, September 27 2018

108.30 - 09.00 Registration
109.00 - 09.15

Welcome
Opening Remarks: Hans Degryse (KU Leuven, Halle Institute for Economic Research & CEPR, Programme Chair)

109.15 - 11.00 Session I: RECENT DEVELOPMENTS IN CREDIT RISK MEASUREMENT
      • Key-note talk: Trade Credit - for Better or Worse: Contagion, Risk-sharing, and Pricing
        Tor Jacobson (Sveriges Riksbank, Stockholm)
      • Credit Risk Analysis Using Machine and Deep Learning Models
        Peter Martey Addo (French Development Agency & Laboratory of Excellence for Financial Regulation, Paris), Dominique Guegan (Laboratory of Excellence for Financial Regulation, Paris, University Paris 1 Pantheon Sorbonne & Ca’ Foscari University of Venice) and Bertrand Hassani (Laboratory of Excellence for Financial Regulation, Paris & Capgemini Consulting, Courbevoie)
      • Estimation of Probability of Default with Machine Learning Techniques: A Comparative Approach
        Stefano Bonini (University of Bologna) and Giuliana Caivano (University of Bologna)
111.00 - 11.30 Coffee break
111.30 - 13.00 Session II: DISCIPLINING BANKS, BAILOUTS AND BAIL-INS
      • Unconventional Monetary Policy and Credit Rating Inflation
        Nordine Abidi (European Central Bank), Matteo Falagiarda (European Central Bank) and Ixart Miquel-Flores (European Central Bank)
      • Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins
        Thorsten Beck (University of London, CEPR & CESifo), Samuel Da-Rocha-Lopes (European Banking Authority & Nova School of Business & Economics, Lisbon) and André F. Silva (University of London & International Monetary Fund)
      • Does Size Matter? Bailouts with Large and Small Banks
        Eduardo Dávila (New York University & NBER) and Ansgar Walther (Imperial College London)
113.00 - 14.30 Lunch
114.30 - 16.00 Session III: BANK LENDING POLICIES
      • Adapting Lending Policies When Negative Interest Rates Hit Banks’ Profits
        Oscar Arce (Bank of Spain), Miguel García-Posada (European Central Bank), Sergio Mayordomo (Bank of Spain) and Steven Ongena (University of Zurich, Swiss Finance Institute, KU Leuven & CEPR)
      • Loan Underwriting Time: A New Determinant of Bank Lending Standards
        Mikel Bedayo (Bank of Spain), Gabriel Jiménez (Bank of Spain), José-Luis Peydró (ICREA, Pompeu Fabra University, Barcelona Graduate School of Economics, Imperial College London & CEPR) and Raquel Vegas (Bank of Spain)
      • Can Technology Undermine Macroprudential Regulation? Evidence from Peer-to-Peer Credit in China
        Fabio Braggion (Tilburg University & CentER), Alberto Manconi (Bocconi University) and Haikun Zhu (Tilburg University & CentER)
116.00 - 17.00 Coffee break and Poster Session 1
117.00 - 18.00 Session IV: DEFAULTS: TIME AND CONTAGION
      • Disastrous Defaults
        Christian Gouriéroux (University of Toronto & Toulouse School of Economics), Alain Monfort (CREST & Bank of France), Sarah Mouabbi (Bank of France) and Jean-Paul Renne (HEC Lausanne)
      • Time Matters: How Default Resolution Times Impact Final Loss Rates
        Jennifer Betz (Regensburg University), Ralf Kellner (Regensburg University) and Daniel Rösch (Regensburg University)
120.00 Networking dinner

 

Friday, September 28 2018

109.00 - 11.00 Session V: INVESTMENT, FINANCING AND DEFAULT RISK
      • The European Venture Capital Landscape: an EIF Perspective
        Helmut Kraemer-Eis (European Investment Fund) and Simone Signore (European Investment Fund)
      • Residential mortgage defaults and positive equity: Lessons from Europe
        Virginia Gianinazzi (Università della Svizzera Italiana & Swiss Finance Institute), Loriana Pelizzon (Ca’ Foscari University of Venice & SAFE-Goethe University Frankfurt) and Alberto Plazzi (Università della Svizzera Italiana & Swiss Finance Institute)
      • Credit Default Swaps Around the World: Investment and Financing Effects
        Söhnke M. Bartram (Warwick Business School), Jennifer Conrad (University of North Carolina at Chapel Hill), Jongsub Lee (University of Florida) and Marti G. Subrahmanyam (New York University)
      • The Differential Impact of Leverage on the Default Risk of Small and Large Firms
        Lara Cathcart (Imperial College London), Alfonso Dufour (ICMA Centre & Henley Business School), Ludovico Rossi (ICMA Centre & Henley Business School) and Simone Varotto (ICMA Centre & Henley Business School)
111.00 - 11.30 Coffee break
111.30 - 13.15 Session VI: BANKS, COLLATERAL AND ASYMMETRIC INFORMATION
      • Key-note talk: Customers and Investors: A Framework for Understanding Financial Institutions
        Robert Merton
        (Massachusetts Institute of Technology & NBER)
      • Collateral and Asymmetric Information in Lending Markets
        Vasso Ioannidou (Lancaster University & CEPR), Nicola Pavanini (Tilburg University & CEPR) and Yushi Peng (University of Zurich & Swiss Finance Institute)
      • Lending Relationships and the Collateral Channel
        Gareth Anderson (Bank of England), Saleem Bahaj (Bank of England), Matthieu Chavaz (Bank of England), Angus Foulis (Bank of England) and Gabor Pinter (Bank of England)
113.15 - 14.30 Lunch
114.30 - 16.00 PANEL SESSION
 
116.00 - 17.00 Coffee break and Poster Session 2
117.00 - 18.15 Session VII: BANKS AND INCENTIVES
      • Key-note talk: Marking to Market versus Taking to Market
        Guillaume Plantin (Sciences Po & CEPR)
      • Bank Bonus Pay as a Risk Sharing Contract
        Matthias Efing (HEC Paris), Harald Hau (University of Geneva, CEPR & Swiss Finance Institute), Patrick Kampkötter (University of Tübingen) and Jean-Charles Rochet (University of Geneva & Swiss Finance Institute)
118.00 End of Conference
Sponsors:
GRETA
European Investment Fund
European DataWarehouse
Intesa San Paolo

 

 

 

Auspices:
Dipartimento di Economia ICEF
ABI

European Investment Bank

 

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