Monday, August 25, 2025
Modern Deposit Markets: Stickiness, Flightiness, and Policy Design11.15 am-12.00 pm: The Economics of Network-Based Deposit Insurance (Download paper)
Author(s): Edward T. Kim (Michigan Ross), Shohini Kundu (UCLA Anderson), Amiyatosh Purnanandam (UT Austin McCombs)
12.00 pm-12.15 pm: Break
12.15 pm-1.00 pm: Deposit Competition and Pass-Through: Theory and Evidence Beyond Rates
Author(s): Matteo Benetton (Berkeley Haas), Benjamin Hébert (Stanford GSB), Tim McQuade (Berkeley Haas)
1.00 pm-2.30 pm: Lunch
2.30 pm-3.15 pm: Sticky Deposits, not Depositors (Download paper)
Author(s): Bronson Argyle (BYU Marriott), Benjamin Iverson (BYU Marriott), Jason Kotter (BYU Marriott), Christopher Palmer (MIT Sloan)
3.15 pm-3.30 pm: Break
3.30 pm-4.15 pm: The Dynamics of Deposit Flightiness and its Impact on Financial Stability (Download paper)
Author(s): Kristian Blickle (Federal Reserve Bank of New York), Jian Li (Columbia Business School), Xu Lu (Washington Foster), Yiming Ma (Columbia Business School)
Tuesday, August 26, 2025
Housing Constraints and Household Decision-Making9.00 am-9.45 am: Unlocking Mortgage Lock-In: Evidence From a Spatial Housing Ladder Model (Download paper)
Author(s): Julia Fonseca (UIUC Gies), Lu Liu (University of Pennsylvania Wharton), Pierre Mabille (INSEAD)
9.45 am-10.00 am: Break
10.00 am-10.45 am: Housing and Fertility (Download paper)
Author(s): Bernardus van Doornik (Central Bank of Brazil), Dimas Fazio (National University of Singapore), Tarun Ramadorai (Imperial College London), Jānis Skrastiņš (Washington University of St. Louis Olin)
10.45 am-11.15 am: Break
11.15 am-12.00 pm: Selective Inattention to Interest Rates (Download paper)
Author(s): Pierfrancesco Mei (Harvard), Tim de Silva (Stanford GSB)
12.00 pm-1.30 pm: Lunch
The Evolving Structure of Financial Intermediation1.30 pm-2.15 pm: Differential Returns to Securitization: Evidence and Impact
Author(s): Jonathan Becker (Bates White), Robert Clark (Queen's University), Jean-François Houde (UW-Madison), Kenneth Hendricks (UW-Madison)
2.15 pm-2.30 pm: Break
2.30 pm-3.15 pm: Are Crypto Anti-Money Laundering Policies Effective?
Author(s): John Griffin (UT Austin McCombs), Kevin Mei (UT Austin McCombs), Zirui Wang (UT Austin McCombs)
3.15 pm-3.30 pm: Break
3.30 pm-4.15 pm: Will That Be Cash or Credit? The Economics of Interchange Fees and Redistribution
Author(s): Lulu Wang (Northwestern Kellogg), Mark Egan (Harvard Business School), Gregor Matvos (Northwestern Kellogg), Amit Seru (Stanford GSB)
Wednesday, August 27, 2025
Modern Banking: Risk Management, Failures, and Policy Tools8.45 am-9.30 am: Underwater: Strategic Trading and Risk Management in Bank Securities Portfolios (Download paper)
Author(s): Andreas Fuster (EPFL Swiss Finance Institute), Teodora Paligorova (Federal Reserve Board of Governors System), James Vickery (Federal Reserve Bank of Philadelphia)
9.30 am-9.45 am: Break
9.45 am-10.30 am: The Prudential Toolkit with Shadow Banking (Download paper)
Author(s): Kinda Hachem (Virginia Darden), Martin Kuncl (Bank of Canada)
10.30 am-10.45 am: Break
10.45 am-11.30 am: Supervising Failing Banks (Download paper)
Author(s): Sergio Correia (Federal Reserve Bank of Richmond), Stephan Luck (Federal Reserve Bank of New York), Emil Verner (MIT Sloan)
11.30 am-11.45 am: Break
11.45 am-12.30 pm: The Pass Through of Uncertainty Shocks: Evidence from the Banking System (Download paper)
Author(s): Rodney Ramcharan (USC Marshall), Saket Hegde (Federal Reserve Bank of Philadelphia), Edison Yu (Federal Reserve Bank of Philadelphia)
12.30 pm-2.00 pm: Lunch