This workshop is organized in conjunction with the International Advisory Board annual Meeting. Please find here the composition of the IAB.

Organized by

Pr Gerard Hertig and Pr Christophe Moussu

[Edition 2017]

Program (PDF)

09:30      Welcome

09:45      Shyam Sunder (Yale), Clear Rules, Ambiguity, Discretion and Culture: Components of Effective Financial Regulation
Discussant: Gerard Hertig (ETH Zurich)

10:45      Coffee Break

11:00      Michael Troege (ESCP Europe & Labex ReFi), Cheap Talk and Strategic Rounding in LIBOR Submissions (Paper)
Discussant: Gunther Capelle-Blancard (Paris 1 and LabEx ReFi)

12:15      Lunch

14:00      Jill Fish (Berkeley & Penn), Merger Litigation (Paper)
Discussant: Arthur Petit-Romec (Labex ReFi)

15.00      Coffee Break

***

(15.15      International Advisory Board Meeting)

***

09:00      Marti G. Subrahmanyam (NYU), Credit Default Swaps around the World: Investment and Financing Effects (Paper)
Discussant: Christophe Moussu (ESCP & LabEx ReFi)

10:00      Coffee Break

10:15      Carlotta Mariotto (LabEx ReFi), What Drives the Expansion of the Peer-to-Peer Lending? (Paper)
Discussant: Michael Troege (ESCP Europe and LabEx ReFi)

11:15      Gunther Capelle-Blancard (Paris 1 & LabEx ReFi). European Banks and Tax Heavens (Paper)
Discussant: Shyam Sunder (Yale)

12:30      Lunch

14:00      Federica Salvade (LabEx ReFi), Credit Rating Actions: New Evidence (Paper)
Discussant: Lei Zhao (ESCP Europe & LabEx ReFi)

15.00      Coffee Break

15.15   Jose Martin-Flores (ESCP Europe & LabEx ReFi), Is Bank Capital Sensitive to a Tax Allowance on Marginal Equity? (Paper)

Discussant: Thomas David (ESCP Europe)

16.15      Lei Zhao (ESCP Europe & LabEx ReFi), Credit Risk “Beta”: The Systematic Aspect of Bank Default Risk (Paper)
Discussant: Federica Salvade (LabEx ReFi)

17.15    End of the Workshop