System Committee on Financial Institutions, Regulation, and Markets System Committee on Financial Institutions, Regulation, and Markets

November 4 - 5, 2019
Connolly Center, 4th Floor
Federal Reserve Bank of Boston
600 Atlantic Avenue
directions & visitor information

This year’s annual meeting of the Federal Reserve System Committee on Financial Institutions, Regulation, and Markets consists of 2-days of paper presentations on Regulation, Markets, International Banking and Competition.

Please note that registration is closed to the Media. For any questions please contact BOS.RES.Admin.Unit@bos.frb.org

Agenda
Monday, November 4, 2019

12:00 p.m. - 1:15 p.m.

Boxed Lunch

1:15 p.m. - 1:30 p.m.

Welcome

Eric S. Rosengren

President/CEO

Federal Reserve Bank of Boston

 

Panel I: Regulation and Intermediation

1:30 p.m. - 3:00 p.m.

Intermediary Segmentation within the CRE Market

Download Download Paper (pdf)

Presenter

David Glancy, Board

Coauthor(s)

John Krainer
Robert Kurtzman
Joseph Nichols

Discussant

Lara Lowenstein, Cleveland

Bank Liquidity Creation, System Risk, and Basel Liquidity Regulations

Download Download Paper (pdf)

Presenter

Asani Sarkar, New York

Coauthor(s)

Daniel Roberts
Or Shachar

Discussant

David Rappoport, Board

3:00 p.m. - 3:30 p.m.

Break

 

Panel II: Regulation and Contagion

3:30 p.m. - 5:00 p.m.

Regulating Financial Networks under Uncertainty

Download Download Paper (pdf)

Presenter

Carlos Ramirez, Board

Discussant

Bruno Saltunum, Richmond

Interbank Connections, Contagion, and Bank Distress in the Great Depression

Download Download Paper (pdf)

Presenter

David Wheelock, St. Louis

Coauthor(s)

Charles Calomiris
Matthew Jaremski

Discussant

Jonathan Rose, Chicago

5:00 p.m. - 7:00 p.m.

Reception

Tuesday, November 5, 2019

8:15 a.m. - 8:45 a.m.

Breakfast and Registration

 

Panel I: Money Markets

8:45 a.m. - 10:15 a.m.

The Fed’s Discount Window During Normal Times

Presenter

Elizabeth Klee, Board

Author

Huberto Ennis

Discussant

Karlye Stedman, Kansas City

Deposit Insurance Premiums and Arbitrage

Presenter

Marcelo Rezende, Board

Author

Edward Kim

Discussant

Matthew Plosser, New York

10:15 a.m. - 10:45 a.m.

Break

 

Panel II: International Banking

10:45 a.m. - 12:15 p.m.

Financial Stability Effects of FX Risk Migration

Presenter

Falk Brauning, Boston

Author

Puriya Abbassi

Discussant

Galina Hale, San Francisco

What are the Consequences of Global Banking for the International Transmission of Shocks? A Quantitative Analysis

Download Download Paper (pdf)

Presenter

José Fillat, Boston

Coauthor(s)

Stefania Garetto
Arthur Smith

Discussant

Leslie Sheng Shen, Board

12:15 p.m. - 1:15 p.m.

Lunch

 

Panel III: Competition

1:15 p.m. - 2:45 p.m.

How Does Competition Affect Bank Capital Structure? Evidence from a Natural Experiment

Presenter

Download Download Paper (pdf)

Raluca Roman, Philadelphia

Coauthor(s)

Allen Berger
Ozde Oztekin

Discussant

Larry Wall, Atlanta

Remote Competition and Small Business Loans: Evidence from SBA

Download Download Paper (pdf)

Presenter

Wenhua Di, Dallas

Co-Author

Nathaniel Pattison

Discussant

Cindy Vojtech, Board

2:45 p.m. - 3:00 p.m.

Break

 

Panel IV: Limits to Arbitrage

3:00 p.m. - 4:30 p.m.

Who Limits Arbitrage?

Download Download Paper (pdf)

Presenter

Nathan Foley-Fisher, Board

Coauthor(s)

Borghan Narajabad
Stephane Verani

Discussant

Thomas King, Chicago

Arbitrage Capital of Global Banks

Download Download Paper (pdf)

Presenter

Bernard Schlusche, Board

Coauthor(s)

Alyssa Anderson
Wenxin Du

Discussant

Judit Temesvary, Board

up down Lodging & Dining