Global Systemic Risk Conference - FEDERAL RESERVE BANK of NEW YORK

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Global Systemic Risk Conference

November 17, 2011

Agenda


7:45 a.m.	Breakfast and Registration, 12th Floor Conference Center

8:30 a.m.	Simon Potter, Federal Reserve Bank of New York

8:45 a.m.	Session 1: Empirical Studies of Systemic Risk Chair: Robert Engle, New York University Vulnerable Banks Robin Greenwood, Harvard University Augustin Landier, University of Toulouse and CEPR David Thesmar, HEC Paris and CEPR View Presentation >> Non-interest Income and Systemic Risk: The Role of Concentration Fariborz Moshirian, University of New South Wales Sidharth Sahgal, University of New South Wales Bohui Zhang, University of New South Wales View Presentation >> Assessing the Systemic Risk of a Heterogeneous Portfolio of Banks during the Recent Financial Crisis Xin Huang, University of Oklahoma Hao Zhou, Board of Governors of the Federal Reserve System Haibin Zhu, J.P. Morgan Chase View Presentation >>

10:15 a.m.	Coffee Break

10:45 a.m.	Session 2: International Banking Chair: Beverly Hirtle, Federal Reserve Bank of New York Liquidity Management of U.S. Global Banks: Internal Capital Markets in the Great Recession Nicola Cetorelli, Federal Reserve Bank of New York Linda S. Goldberg, Federal Reserve Bank of New York View Presentation >> International Banks and the Cross-Border Transmission of Business Cycles Ricardo Correa, Board of Governors of the Federal Reserve System Horacio Sapriza, Board of Governors of the Federal Reserve System Andrei Zlate, Board of Governors of the Federal Reserve System View Presentation >> Capital Flow Waves: Surges, Stops, Flight, and Retrenchment Kristin J. Forbes, Massachusetts Institute of Technology Francis E. Warnock, University of Virginia View Presentation >>

12:15 p.m	Keynote 1: Darrell Duffie, Stanford University Re-Plumbing the Financial System: Uneven Progress

1:00 p.m	Lunch, 1st Floor Liberty Room

2:00 p.m	Keynote 2: Viral Acharya, New York University Measuring Global Systemic Risk

2:45 p.m.	Panel Chair: Tobias Adrian, Federal Reserve Bank of New York Stephen Cecchetti, Bank for International Settlement Laura Kodres, International Monetary Fund Lucrezia Reichlin, London Business School Til Schuermann, Oliver Wyman

4:15 p.m.	Coffee Break

5:00 p.m.	Session 3: Global Contagion Chair: Eric Ghysels, University of North Carolina Bank Risk during the Financial Crisis: Do Business Models Matter? Yener Altunbas, University of Wales Simone Manganelli, European Central Bank David Marques-Ibanez, European Central Bank View Presentation >> Systemic Risk Diagnostics: Coincident Indicators and Early Warning Signals Bernd Schwaab, European Central Bank Siem Jan Koopman, VU University Amsterdam Andre Lucas, VU University Amsterdam View Presentation >>

6:00 p.m.	Session 4: Systemic Risk Regulation Chair: Frank Diebold, University of Pennsylvania Enhanced Stress Testing and Financial Stability Matthew Pritsker, Board of Governors of the Federal Reserve System and Federal Reserve Bank of Boston Systemic Risk Management Markus K. Brunnermeier, Princeton University Patrick Cheridito, Princeton University

7:30 p.m.	Dinner (by invitation only)