The 2007-09 financial crisis has demonstrated that systemic risk spreads globally across markets and institutions. Funding difficulties in one country can spill over to other countries via internationally active institutions, and the tail risk in financial markets can be transmitted across the...

This conference will bring together experts in liquidity and researchers who analyze the underlying mechanisms that cause liquidity dislocations. The goal is to further the understanding of these mechanisms and to link them to current policy tools.

The goal of this one-day conference is to enhance the interaction among researchers interested in financial intermediation. The conference will consist of five to seven papers; submissions on all areas of financial intermediation will be considered (except papers already accepted for publication).