This year's conference is devoted to the challenges related to the responsible economic and business growth. The concept of responsible growth is getting increasingly topical to ensure more prosperous and more equitable future for the next generations. The objective of the conference is to...

The forum will focus on the legal and economic issues involved in the advance of technology into the financial markets. Various legislative proposals and regulatory initiatives (including on BigTech and Mixed Activity Groups) have recently been launched at a European level to enhance the...

Co-author: Luhang Wang (Xiamen University) . In China, the relative wages of high-skilled and low-skilled workers display huge variation across different regions. We examine whether financial intermediation development can explain such variation. Conceptually, better-developed financial...

Co-authors: Yiping Huang (Peking University), Han Qiu (Bank for International Settlements) and Changhua Yu (Peking University) Through the lens of a unique dataset covering the full borrowing history of sampled firms from both BigTech and traditional bank lenders in China, we compare the...

Long-term trends like demographic change and climate change pose major challenges for the sustainability and stability of financial markets. For households, firms and financial institutions these entail far-reaching implications with regard to financial decision-making, old-age provision,...

Professors Itamar Drechsler, Alexi Savov and Philipp Schablwill teach the course. It is primarily aimed at participants in the Euro Area Business Cycle Network but applications will also be considered from doctoral students, post-doctoral researchers and economists working in central banks and...

Each year the European Central Bank (ECB) and the European Commission organise a joint high-level conference on European financial integration. This year, in conjunction with the conference, the ECB will publish its biennial report on Financial Integration and Structure in the Euro Area and the...

Co-authors: David Newton (University of Bath), Steven Ongena (University of Zurich) and Ru Xie (University of Bath) Is bank- versus market-based financing different in its attitudes towards Environmental, Social, and Governance (ESG) risk? Using a novel sample covering 3,783 U.S. public firms...

The aim of the conference is to bring together leading world scholars and policy-makers to discuss topics related to financial stability, regulation of the financial sector and use of macroprudential policies. Topics: - macro-finance models of linkages between the real and financial sectors; -...

Das Programm der Tagung: Plenum I - Klima-, Cyber-, Pandemierisiken: Resilienz durch Versicherung; Plenum II - Resilienz in Betrieb und Vertrieb; Plenum III - Kapitalanlagen und Nachhaltigkeit;