Workshop on Financial Intermediation, Risk and Liquidity @ the Barcelona GSE Summer Forum 2016

The first event of the Barcelona Center for Banking Studies is the session on Financial Intermediation, Risk and Liquidity at the Barcelona GSE Summer Forum

The event will take place in the Balmes Building of the Universitat Pompeu Fabra @ Balmes 132, Barcelona.

The workshop will bring together experts in banking, regulation, and financial economics to discuss the most recent academic research on financial intermediation. It will cover a range of theoretical and empirical topics including:

  • Regulation of systemic risk, pro-cyclicality, capital adequacy, liquidity regulation, systemically relevant banks and macro-prudential regulation.
  • Credit and liquidity provision by bank and non-bank financial intermediaries to corporations.
  • Corporate governance of financial institutions.
  • Liquidity, hedging and risk management by financial institutions, asset and liability management, maturity mismatch, self-insurance.
  • Monetary policy transmission channels through financial intermediaries (the risk-taking channel, unconventional monetary policy and others).
  • The transmission of financial shocks to the real economy.
  • Financial crises and systemic risk.
  • Relationship lending and the governance role of creditors in the corporate sector.
  • The role of institutional investors in the corporate sector: market finance versus banks.

The workshop is supported by the Severo Ochoa Research Program (SEV2011-0075) and Banco de España.

Xavier Freixas Xavier Freixas
(UPF and Barcelona

GSE Research Professor)
José-Luis Peydró José-Luis Peydró
(ICREA-UPF and Barcelona GSE)
See program

barcelona-gse

severo-ochoa

ministerio-economia

Recent Publications by BCBS Members

“Merger Failures.”
Journal of Economics & Management Strategy.
Albert Banal-Estañol
Jo Seldeslachts (Amsterdam)

“Screening and Merger Activity.”
Journal of Industrial Economics.
Albert Banal-Estañol
Paul Heidhues (Bonn), Rainer Nitsche (ESMT) and Jo Seldeslachts

A Practical Guide to Volatility Forecasting Through Calm and Storm.
Journal of Risk.
Christian Brownlees
Robert Engle and Bryan Kelly

Intra-daily Volume Modeling and Prediction for Algorithmic Trading.
Journal of Financial Econometrics.
Christian Brownlees
Giampiero M. Gallo and Fabrizio Cipollini

See More Publications

Recent Working Papers by BCBS Members

Banal-Estañol Albert: Optimal Financial Conglomeration with M.Ottaviani (Bocconi)

Brownlees Christian: Nets: Network Estimation for Time Series with Matteo Barigozzi

Caggese Andrea: Financing Constraints and Fixed-Term Employment Contracts with Vicente Cuñat

Freixas Xavier: Relationship and Transaction Lending in a Crisis with Patrick Bolton and Leonardo Gambacorta

Gil-Bazo Javier: Institutional Investment and Commonality in Liquidity: Evidence from Transaction Data with Mahmoud Aymo

Gomez Biscarri Javier: Frequency of Consumption Adjustment and the Equity Premium with Bulusu Narayan

Ippolito Filippo: Is Bank Debt Special for the Transmission of Monetary Policy? Evidence from the Stock Market with Ali K. Ozdagli, Ander Perez

Pérez Orive Ander: Credit Constraints, Firms’ Precautionary Investment, and the Business Cycle

Peydró José-Luis: Interbank Liquidity Crunch and the Firm Credit Crunch: Evidence from the 2007-2009 Crisis with Rajkamal Iyer, Samuel Da-Rocha-Lopes, Antoinette Schoar

Polo Andrea: Secured Creditor Control in Bankruptcy: Costs and Conflict

See More Working papers

People @ BCBS

About the Barcelona Center for Banking Studies

BCBS is a new research center based at the Universitat Pompeu Fabra and it specializes in several research areas primarily related to banking:

  • Produce research which can help to understand and manage processes in the banking sector properly.
  • Communicate research findings via events and publications.
  • Reduce the distance between academic findings and practical implications.
  • Regulation of systemic risk, pro-cyclicality, capital adequacy, liquidity regulation, systemically relevant banks and macro-prudential regulation.
  • Credit and liquidity provision by bank and non-bank financial intermediaries to corporations.
  • Corporate governance of financial institutions.
  • Liquidity, hedging and risk management by financial institutions, asset and liability management, maturity mismatch, self-insurance.
  • Monetary policy transmission channels through financial intermediaries (the risk-taking channel, unconventional monetary policy and others).
  • The transmission of financial shocks to the real economy.
  • Financial crises and systemic risk.
  • Relationship lending and the governance role of creditors in the corporate sector.
  •  The role of institutional investors in the corporate sector: market finance versus banks.

Forthcoming Seminars

  • May 29th, 2014

BCBS currently runs two separate seminar series on banking and finance topics sponsored by UPF and Banco d’Espana. One […]