Program Overview

Thursday, 8th November 2012

   9:30 – 10:15 Welcome coffee
 10:15 – 10:30 Welcome address Swissquote
 10:30 – 11:30 Lasse H. Pedersen (Copenhagen Business School), Talk, Discussion
“Measuring Systemic Risk”
 11:30 – 12:30 Carlo Acerbi (MSCI), Talk, Discussion
“Supply-Demand Symmetry of Market Impact Models”
 12:30 – 14:00 Lunch
 14:00 – 15:00 Tobias Adrian (Federal Reserve Bank of New York), Talk, Discussion
“Intermediary Leverage Cycles and Financial Stability”
 15:00 – 16:00 Martin Hellwig (Max Planck Institute for Research on Collective Goods, Bonn), Talk
“Why has Systemic Risk in Banking and Finance Increased?”
 16:00 – 16:30 Coffee break
 16:30 – 18:00 Panel discussion: “Challenges of Liquidity and Systemic Risk”
 18:00 – 19:00 Aperitif

 
   

Friday, 9th November 2012

   8:15 – 9:00 Welcome coffee
   9:00 – 10:00 Angelo Ranaldo (University of St.Gallen), Talk
“Limits to Arbitrage During the Crisis: Funding Liquidity Constraints and Covered Interest Parity”
 10:00 – 10:30 Coffee break
 10:30 – 11:30 Tom Hurd (McMaster University), Talk – Part 1, Talk – Part 2, Discussion
“A Framework for Analyzing Contagion in Banking Networks”
 11:30 – 12:30 Stephane Villeneuve (Toulouse School of Economics), Talk, Discussion
“A Bayesian Adaptive Singular Control Problem Arising from Corporate Finance”
 12:30 – 14:00 Lunch
 14:00 – 15:00 Konstantin Milbradt (MIT Sloan School of Management), Talk, Discussion
“Endogenous Liquidity and Defaultable Debt”
 15:00 – 16:00 Christophe Perignon (HEC Paris), Talk, Discussion
“A Theoretical and Empirical Comparison of Systemic Risk Measures”
 16:00 – 16:30 Closing of the conference
   

 

A detailed program with the abstracts of the talks can be downloaded here.