The 2023 ECB Banking Supervision Research Conference (in hybrid format) will provide a forum to discuss these themes, aiming at building bridges between supervisory policies and practices on the one hand and academia on the other hand. Topics: - Challenges and opportunities for of the future...

We estimate empirically the impact of the insolvency and bankruptcy code (IBC) on corporate leverage in India. The analysis builds on the Prowess database. For the estimations we use the difference in differences approach, where listed firms are used as the control group. We find that the IBC...

We examine the effect of regional favoritism on firms’ access to credit. Using firm-level data on a large sample of 29,000 firms covering 48 countries, we investigate the hypothesis that access to credit of firms is higher in the birth regions of national political leaders. We find evidence...

How important is a relationship with a bank to a firm’s performance and survival? If firms can easily switch among different sources of credit supply, then the loss of any one source may have little implication for the firms that have borrowed from that source. However, to the extent that...

Topics: financial stability, financial regulation and supervision, systemic risk, banking, macro-prudential policies and other related topics.

Workshop Program: - Five facts about the UIP Premium; - The People vs the Markets: A Parsimonious Model of Inflation Expectations; - Global inflation, monetary policy and spillovers on EM; - The end of privilege: a reexamination of the net foreign asset position of the United States; - Are...

The fifth biennial ECB conference on Fiscal policy and EMU governance brings together participants including from academia, the central banking community, European and international organisations. This year’s conference will address the fiscal policy response and monetary and fiscal policy...

Governments around the world have gone on a massive fiscal expansion in response to the Covid crisis, increasing government debt to levels not seen in 75 years. How will this debt be repaid? What role do conventional and unconventional monetary policy play? We investigate debt sustainability in...

The Conference constitutes a vibrant forum for presenting scientific ideas and results of new research in the areas of investment theory, financial markets, banking, corporate finance, insurance and risk management. Much emphasis is put on practical issues within the fields of finance and...