4th Bordeaux Workshop in International Economics and Finance 15-16 décembre
Le 4th Bordeaux Workshop in International Economics and Finance portera cette année sur "Macro-stabilisation policies and bank risk-taking" et a eu lieu sur deux jours, les 15 et 16 décembre 2016.
15-16 décembre 2016
Thème du colloque
Macro-stabilisation policies and bank risk-taking
Université de Bordeaux (France)
- Pôle juridique et Judiciaire, 35 place Pey Berland, Bordeaux
Comité d’organisation et contact
contact : firstname.lastname@example.org
Sophie Brana (University of Bordeaux)
Stéphane Dees (ECB and University of Bordeaux)
Valeriya Dinger (University of Osnabrück)
Ion Lapteacru (University of Bordeaux)
Laetitia Lepetit (University of Limoges)
Andrew Mullineux (University of Birmingham)
Federico Maria Signoretti (Bank of Italy)
Laurent Weill (University of Strasbourg)
Présentation du colloque
The global financial crisis of 2007-2009 has highlighted the vulnerability of the banking system to adverse shocks, and the subsequent sovereign debt crisis in the Euro area has further weakened the European banks. The widespread distress and bankruptcies lead monetary and banking regulatory authorities to implement a new set of stabilization policies. Their effects are expected to limit considerably the risk-taking of banking institutions, and therefore banking systemic risk. In spite of some tangible success in developed countries, many banks are still incentivised to take on more risk, either to restore their pre-crisis profits or to honour their commitments to stockholders in terms of returns. Have unconventional monetary policies, through their massive injection of liquidity into the banking markets of developed countries, fuelled this risk-taking trend for commercial banks ? How does the FED’s intention to suppress its Quantitative Easing monetary policy might impact the risk-taking of banks ? Alongside the effect of macro-stabilisation policies on the banks’ behaviour, the Basel 3 prudential regulation notably strengthens the capital requirements of banking institutions, and adds new liquidity requirements, aiming to reduce their risk-taking. But what is its real efficiency ? Will these new macro-stabilisation policies and prudential regulation effectively and sustainably reduce both bank risk-taking and systemic risk, or will they merely defer the next crisis ? The Larefi-Bordeaux university workshop aims to provide answers to these questions, as well as to others concerning the effects of macro-stabilisation policies on bank risk-taking.
Soumission des papiers complets avant le 1er octobre 2016
Décision avant le 15 octobre 2016
Les Articles présentés :
- Demirgüç-Kunt, A., Horváth, B.and H. Huizinga, What determines the international transmission of monetary policy through the syndicated loan market ?
- Schröter, F. and F. yao, Distributional Effects of Macro-Prudential Policy on Housing Loans
- Puspitasari-, R., US Quantitative Easing and the Global Monetary Policymaking
- Blot, C., Hubert, P. and F. Labondance, Does Monetary Policy generate Asset Price Booms and Busts ?
- Chawwa, T., Long-run E¤ects of Government Supports Regarding Bank’s Information Externalities on Firms’Debt Structure and Welfare
- Abbate, A. and D. Thaler, Monetary policy and the asset risk-taking channel
- Smith, J., Interest Rates, Capital and Bank Risk-Taking
- Dées, S. and S. Özyurt, The impact of negative interest rates on banks’ margins and profitability : Evidence from the euro area
- Altunbas, Y., Binici, M. and L. Gambacorta, Macroprudential policy and bank risk
- Tracey, B., Schnittker, C. and R. Sowerbutts, Bank Capital and Risk-taking : Evidence from Misconduct Provisions
- Gaelle, T., Systemic risk and individual risk : A trade-off ?
- Grigorian, D. and V. Manole, Sovereign Risk and Deposit Dynamics : Evidence from Europe
- Birn, M., Dietsch, M. and D. Durant, How to reach all Basel requirements at the same time ?
- Dietsch, M. and J. Petey, Do banks manage LTV and DSTI ratios in a prudential perspective ?
- Miller, M., Zhang, L. and S. Rastapana, A comedy of errors : misguided policy, mis-sold mortgages, and more
- Leroy, A. and Y. Lucotte, Banking competition and credit procyclicality in European banking