Biennial Symposium
Crisis Events in Financial Intermediation and Securities Markets
February 24-26, 2000
Thursday, February 24
- 6:00-6:30 p.m.
Welcome reception and cocktails (Federal Room, Indiana Memorial Union)
- 6:30-9:00 p.m.
Dinner (Federal Room, Indiana Memorial Union)
Friday, February 25
- 8:00-8:30 a.m.
Breakfast (State Room East, Indiana Memorial Union)
- Morning Session: 8:00-8:35 a.m.
Greetings: Dan Dalton, Kelley School of Business (Oak Room, Indiana Memorial Union)
- 8:35-9:35 a.m.
- Financial Crises in Emerging Economies
- Authors:
- Amar Gande, Vanderbilt University
- Kose John, New York University
- Lemma Senbet, University of Maryland
- Discussant:
- Robert Hauswald, Indiana University
- 9:35-10:00
Coffee break
- 10:00-11:00
- Optimal Currency Crises
- Authors:
- Franklin Allen, University of Pennsylvania
- Douglas Gale, New York University
- Discussant:
- Anjan V. Thakor, University of Michigan
- 11:00-12:00
- Discipline vs. Monitoring in the U.S. Banking Sector
- Authors:
- Robert R. Bliss, Federal Reserve Bank of Chicago
- Mark J. Flannery, University of Florida
- Discussant:
- Allen N. Berger, Federal Reserve Board
- 12:00-1:30
Lunch (State Room East, Indiana Memorial Union)
- Afternoon Session: 1:30-2:30
- Impact of Greater Bank Disclosure Amidst a Banking Crisis
- Authors:
- John S. Jordan, Federal Reserve Bank of Boston
- Joe Peek, Boston College
- Eric S. Rosengren, Federal Reserve Bank of Boston
- Discussant:
- Lawrence J. White, New York University
- 2:30-2:45
Coffee break
- 2:45-3:45
- Anatomy of Liquidity Provision During Circuit Breakers and Extreme Market Movements
- Authors:
- Michael A. Goldstein, University of Colorado at Boulder
- Kenneth A. Kavajecz, University of Pennsylvania
- Discussant:
- Ingrid Werner, The Ohio State University
- 3:45-4:45
- Settlement Risk Under Gross and Net Settlement
- Authors:
- Charles M. Kahn, University of Illinois
- James McAndrews, Federal Reserve Bank of New York
- William Roberds, Federal Reserve Bank of Atlanta
- Discussant:
- Richard Rosen, Indiana University
- 5:45
Meet in lobby of Indiana Memorial Union for transportation to dinner
- 6:00-10:00
Dinner at Uptown Cafe
Saturday, February 26
- 8:00-8:30
Breakfast (State Room East, Indiana Memorial Union)
- 8:30-9:30
- Risk Overhang and Market Behavior
- Authors:
- Anne Gron, Northwestern University
- Andrew Winton, University of Minnesota
- Discussant:
- Richard Shockley, Indiana University
- 9:30-10:00
Coffee break
- 10:00-11:00
- New Asia: Regime Shifts in Currency, Equity and Real Estate Markets
- Authors:
- Jarl G. Kallberg, New York University
- Crocker H. Liu, New York University
- Paolo Pasquariello, New York University
- Discussant:
- Robert Dittmar, Indiana University
- 11:00-12:00
- Asset Price Bubbles, Liquidity and Investment: Evidence from Japan
- Authors:
- Vidham K. Goyal, Hong Kong University
- Takeshi Yamada, Hong Kong University
- Discussant:
- David Smith, University of Florida
- 12:00-1:30
Lunch (State Room East, Indiana Memorial Union)
