8:00
Registration and Coffee
8:20
Welcoming words
Michael Klaus (Partner, Metzler Bank) and Wolfgang König (Executive Director, House of Finance)
8:30
Monetary Policy and Financial Conditions: A Cross-Country Study
Tommaso Mancini (IMF) joint with Tobias Adrian (IMF), Fernando Duarte (NY Fed) and Federico Grinberg (IMF)
9:15
The Cleansing Effect of Banking Crises
Reint Gropp (Halle Institute for Economic Research) joint with Joerg Rocholl (ESMT Berlin) and Vahid Saadi (IE Business School and the Halle Institute for Economic Research)
10:00
Coffee Break
10:15
The Real Effects of Bank Distress: Evidence from Bank Bailouts in Germany
Thomas Kick (Deutsche Bundesbank) joint with Johannes Bersch (ZEW), Hans Degryse (KU Leuven) and Ingrid Stein (Deutsche Bundesbank)
11:00
Searching for Yield abroad: Risk-taking through Foreign Investment in U.S. Bonds
Stijn Claessens (BIS) joint with John Ammer (Federal Reserve Board), Alexandra Tabova (Federal Reserve Board), Caleb Wroblewski (Chicago University)
11:45
Lunch Break
12:30
Collateral Booms and Information Depletion
Luc Laeven (ECB) joint with Alberto Martin (CREI) and Vladimir Asriyan (CREI)
13:15
Financial Frictions and Employment during the Great Depression
Carola Frydman (Kellogg School of Management) joint with Efraim Benmelech (Kellogg School of Management) and Dimitris Papanikolaou (Kellogg School of Management)
14:00
From Finance to Fascism: The Real Effects of the 1931 Banking Crisis in Germany
Hans-Joachim Voth (University of Zurich) joint with Sebastian Doerr (University of Zurich), Stefan Gissler (Federal Reserve Board), José-Luis Peydró (University Pompeu Fabra)
14:45
Coffee Break
15:00
Asset Size Bubbles and Systemic Risk
Isabel Schnabel (University of Bonn) joint with Markus Brunnermeier (Princeton University) and Simon Rother (University of Bonn)
15:45
Bank Capital Redux: Solvency, Liquidity, and Crisis
Moritz Schularick (University of Bonn) joint with Òscar Jordà (Fed San Francisco), Björn Richter (University of Bonn) and Alan M. Taylor (University of California)
16:30
Coffee Break
16:45
Keynote Speech: Credit-driven Household Demand Channel
Atif Mian (Princeton University)
17:45
End of the conference