2021


SITE session on Financial Regulation (August 23-26, 2021)

Monday, August 23, 2021

  • 8.00 am-8.45 am: Credit Allocation and Macroeconomic Fluctuations
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    Presented by: Emil Verner (MIT)
    Co-author(s): Karsten Müller (Princeton)
    Moderator: Chenzi Xu (Stanford University)
  • 8.45 am-8.55 am: Break
  • 8.55 am-9.40 am: Tracing the International Transmission of a Crisis through Multinational Firms
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    Presented by: Kilian Huber (University of Chicago)
    Co-author(s): Marcus Biermann (Université Catholique de Louvain)
    Moderator: Isil Erel (Ohio State University)
  • 9.40 am-9.45 am: Break
  • 9.45 am-10.30 am: Trade Credit and the Transmission of Unconventional Monetary Policy
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    Presented by: Manuel Adelino (Duke University)
    Co-author(s): Miguel Ferreira (Nova School of Business and Economics); Mariassunta Giannetti (Stockholm School of Economics), and Pedro Pires (Nova School of Business and Economics)
    Moderator: Rodney Ramcharan (USC)

Tuesday, August 24, 2021

  • 8.00 am-8.45 am: Bad News Bankers: Underwriter Reputation and Contagion in Pre-1914 Sovereign Debt Markets
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    Presented by: Sasha Indarte (Wharton)
    Moderator: Arvind Krishnamurthy (Stanford University)
  • 8.45 am-8.55 am: Break
  • 8.55 am-9.40 am: Measuring the Welfare Cost of Asymmetric Information in Consumer Credit Markets
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    Presented by: Anthony DeFusco (Northwestern)
    Co-author(s): Huan Tang (LSE) and Constantine Yannelis (University of Chicago)
    Moderator: Arpit Gupta (NYU)
  • 9.40 am-9.45 am: Break
  • 9.45 am-10.30 am: Where is Standard of Living the Highest? Local Prices and the Geography of Consumption
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    Presented by: Rebecca Diamond (Stanford University)
    Co-author(s): Enrico Moretti (UC Berkeley)
    Moderator: Paul Pinkham-Goldsmith (Yale)

Wednesday, August 25, 2021

  • 8:00 am-8.45 am: Personal Bankruptcy and the Accumulation of Shadow Debt
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    Presented by: Christopher Palmer (MIT)
    Co-author(s): Bronson Argyle, Benjamin Iverson, Taylor Nadauld (all at BYU)
    Moderator: Erica Jiang (USC)
  • 8.45 am-8.55 am: Break
  • 8.55 am-9.40 am: Competition and Scope in Banking: The Case of Corporate Credit Cards
    Presented by: Greg Buchak (Stanford University)
    Co-author(s): Matteo Benetton (UC Berkeley), and Claudia Robles-Garcia (Stanford University)
    Moderator: Mark Egan (Harvard University)
  • 9.40 am-9.45 am: Break
  • 9.45 am-10.30 am: Unpacking the Black Box: Regulating Algorithmic Decisions
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    Presented by: Laura Blattner (Stanford University)
    Co-author(s): Scott Nelson (University of Chicago), and Jan Spiess (Stanford University)
    Moderator: Andreas Fuster (Swiss Finance Institute)

Thursday, August 26, 2021

  • 8.00 am-8.45 am: The Mortgage Piggy Bank: Building Wealth through Amortization
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    Presented by: Asaf Bernstein (University of Colorado at Boulder)
    Co-author(s): Peter Koudijs (Erasmus University Rotterdam)
    Moderator: Jialan Wang (University of Illinois at Urbana-Champaign)
  • 8.45 am-8.55 am: Break
  • 8.55 am-9.40 am: Refinancing Cross-Subsidies in the UK Mortgage Market
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    Presented by: Alessandro Gavazza (LSE)
    Co-author(s): Jack Fisher (LSE), Lu Liu, Tarun Ramadorai (all at Imperial College London), and Jagdish Tripathi (Bank of England)
    Moderator: Tim McQuade (UC Berkeley)
  • 9.40 am-9.45 am: Break
  • 9.45 am-10.30 am: The (Unobservable) Value of Central Bank’s Refinancing Operations
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    Presented by: Nicola Pavanini (Tilburg University)
    Co-author(s): Ugo Albertazzi (European Central Bank), Lorenzo Burlon (European Central Bank), and Tomas Jankauskas (Tilburg University)
    Moderator: Adi Sunderam (Harvard University)