MoFiR 2023 - Program

13:00-13:30   Registration

13:30-15:10   Session 1: Theoretical Banking - Chair: Raoul Minetti (Michigan State University)

Intermediary-Based Loan Pricing

Pierre Mabille (INSEAD) and Olivier Wang

·         Discussant: Quentin Vandeweyer (Chicago Booth)

Fintech Entry, Lending Market Competition and Welfare

Xavier Vives (IESE) and Zhiqiang Ye

·         Discussant: David Pothier (University of Vienna)

15:10-15:30   Coffee break

15:30-17:10   Session 2: Bank lending - Chair: Andrew Ellul (Kelley School of Business)

Specialization in Banking

Kristian Blickle (New York FED), Cecilia Parlatore and Anthony Saunders

·         Discussant: Camelia Minoiu (Atlanta FED)

Defunding Controversial Industries: Can Targeted Credit Rationing Choke Firms?

Andre Silva (Federal Reserve Board), Kunal Sachdeva, Pablo Slutzsky, and Billy Xu  

·         Discussant: Thomas Mosk (Queen Mary University London)

17:10-17:30   Coffee break

17:30-18:30   Keynote lecture

                 Vasso Ioannidou (Bayes Business School): (In)dependent Central Banks

Chair: TBC

19:30-22:00   Dinner at Villa D’Angelo (by invitation only)

08:30-8:50     Breakfast and registration

08:50-10:30   Session 3: Banks and the green economy – Chair: Giulia Bettin (University of Marche and MoFiR)

Climate, Amenities, and Banks: El Niño in the US

Filippo De Marco (Bocconi University) and Nicola Limodio

·         Discussant: Nandini Gupta (Indiana University)

“Glossy Green” Banks: The Disconnect Between European Banks’ Sustainability Reporting and Lending Activities

Martina Jasova (Columbia University), Mariassunta Giannetti, Maria Loumioti, and Caterina Mendicino

·         Discussant: Min K. Park (University of Bristol)

10:30-10:50   Coffee break

10:50-12:30   Session 6: Bank deposits – Chair: Angela Gallo (Bayes Business School)

Running Out of Time (Deposits): Falling Interest Rates and the Decline of Business Lending, Investment and Firm Creation

Dominik Supera (Columbia Business School)

·         Discussant: Melina Papoutsi (European Central Bank)

Cross-Selling in Bank Household Relationships. Implications for Deposit Pricing, Loan Pricing, and Monetary Policy

Christoph Basten (University of Zurich) and Ragnar Juelsrud

·         Discussant: Giovanni Dell’Ariccia (International Monetary Fund)

12:30-13:30   Lunch

13:30-15:10   Session 5: Discrimination - Chair: Lorenzo Pandolfi (University of Naples Federico II)

Blended Finance and Female Entrepreneurs: Micro Evidence from Turkey

Cagatay Bircan (EBRD), Halil Ibrahim Aydin and Ralph De Haas

·         Discussant: Alexander Borisov (University of Cincinnati)

Stakeholders’ Aversion to Inequality and Bank Lending to Under-Served Borrowers

Hanh Le (University of Illinois Chicago) and Matteo Crosignani

·         Discussant: Consuelo Silva Buston (Pontificia Universidad Católica de Chile)

15:10-15:30   Coffee break

15:30-17:10   Session 6: Financial innovation - Chair: Giovanni Walter Puopolo (University of Naples Federico II)

Leverage and Stablecoin Pegs

Chase Ross (FED Board), Gary Gorton, Elizabeth Klee, Sharon Ross, and Alexandros Vardoulakis

·         Discussant: Christoph Bertsch (Sveriges Riksbank)

Technology and privacy regulation in loan markets

Marina Sanchez del Villar (EUI), Sebastian Doerr, Leonardo Gambacorta and Luigi Guiso

·         Discussant: Margherita Bottero (Bank of Italy)