Each paper presentation will last 1 hour: 30 minutes for the author, 15 for the discussant and 15 for the floor. Presenters are underlined.

Thursday, March 7, 2013

10.00 - 10.30 Registration

10.30 - 10.45 Opening remarks

10.45 - 12.45 Session 1

Chair: Andrea F. Presbitero (Università Politecnica delle Marche)

Paper 1: Credit Supply During a Sovereign Crisis (Marcello Bofondi, Luisa Carpinelli and Enrico Sette) (slides)

Discussant: Koen Schoors (Ghent University) (slides)

Paper 2: Aggregate Uncertainty and the Supply of Credit (Fabian Valencia and Jeanne Verrier) (slides)

Discussant: Giovanni Ferri (LUMSA) (slides)

12.45 - 14.00 Lunch

14.00 - 16.00 Session 2

Chair: Zeno Rotondi (Unicredit)

Paper 3: Relationship and Transaction Lending in a Crisis (Patrick Bolton, Xavier Freixas, Leonardo Gambacorta and Paolo Emilio Mistrulli) (slides)

Discussant: Lars Norden (Erasmus University) (slides)

Paper 4: Microfinance, Poverty and Education (Britta Augsburg, Ralph De Haas, Heike Harmgart and Costas Meghir) (slides)

Discussant: Andrea Presbitero (Università Politecnica delle Marche) (slides)

16.00 - 16.30 Coffee break

16.30 - 18.30 Session 3

Chair: Luca Papi (Università Politecnica delle Marche)

Paper 5: Contagious Bank Runs: Experimental Evidence (Martin Brown, Stefan T. Trautmann and Razvan Vlahu) (slides)

Discussant: Lena Tonzer (European University Institute) (slides)

Paper 6: Liquidity risk in banking: is there herding? (Diana Bonfim and Moshe Kim) (slides)

Discussant: Alberto Pozzolo (Università del Molise) (slides)

20.30 - 23.00 Social dinner at restaurant "Il Cardeto" (by invitation only)

Friday, March 8, 2013

09.00 - 11.00 Session 4

Chair: Pietro Alessandrini (Università Politecnica delle Marche)

Paper 7: The impact of sovereign debt exposure on bank lending: Evidence from the European debt crisis (Alexander Popov and Neeltje Van Horen) (slides)

Discussant: Francois Derrien (HEC Paris) (slides)

Paper 8: The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks (Viral V. Acharya and Sascha Steffen) (slides)

Discussant: Raoul Minetti (Michigan State University) (slides)

11.00 - 11.30 Coffee break

11.30 - 12.45 Keynote speech

Chair: Alberto Zazzaro (Università Politecnica delle Marche)

Speaker: Philip E. Strahan (Boston College): Financial Integration: Lessons from the US

12.45 - 14.00 Lunch

14.00 - 16.00 Session 5

Chair: Michele Fratianni (Indiana University & Università Politecnica delle Marche)

Paper 9: Suffrage Institutions and Financial Development: Does the Middle Class Have a Say? (Hans Degryse, Thomas Lambert and Armin Schwienbacher) (slides)

Discussant: Alberto Zazzaro (Università Politecnica delle Marche) (slides)

Paper 10: Bank Size Heterogeneity and Small Business Finance (Daniel Heddergott and Joerg Laitenberger) (slides)

Discussant: Martin Brown (University of St. Gallen) (slides)

16.00 - 16.30 Coffee break

16.30 - 18.30 Session 6

Chair: Giorgio Calcagnini (University of Urbino)

Paper 11: Foreigners vs. Natives: Bank Lending Technologies and Loan Pricing (Thorsten Beck, Vasso Ioannidou and Larissa Schafer) (slides)

Discussant: Gregory Udell (Indiana University) (slides)

Paper 12: Deposit Insurance Adoption and Bank Risk-Taking: The Role of Leverage (Mathias Lé) (slides)

Discussant: Riccardo De Bonis (Bank of Italy) (slides)