Monthly seminars "chaire ACPR"

 

The ACPR Research Initiative seminar highlights high-quality research addressing issues of regulation and systemic risk for both banks and insurance firms. 

The seminar takes place on the first Wednesday of the month from 10.00 to 11.30 in the premises of the ACPR: 4, place de Budapest, Salle Liège (rez-de-jardin) -  See access plan.  

The seminar is open to everybody. Registration by email at chaireACPR@acpr.banque-france.fr is free but compulsory in order to attend. If you wish to be informed of upcoming events, please send an email to the same address.

The ACPR Studies Department organizes independent seminars as well: the page dedicated to the ACPR research seminars is available here.

 

Next EVENT

Wednesday, December 4 2019, 10.00am-11.30am

Gary Gorton (Yale University)  will present:

 

‘Aggregate Information Dynamics’

At ACPR - salle Liège (RdJ) – 4, place de Budapest 75009 Paris (Access plan)

To get access to the seminar, (free) registration is compulsory by mail at chaireACPR@acpr.banque-france.fr

TO CONTACT US 

  • Paper
  • Presentation
  • Discussion

 

PREVIOUS EVENT

Wednesday, November 6th 2019, 10h00-11h30

Diana Bonfim (Banco de Portugal) will present:

 

« The importance of deposit insurance credibility »

At ACPR - salle Liège (RdJ) – 4, place de Budapest 75009 Paris (Access plan)

To get access to the seminar, (free) registration is compulsory by mail at chaireACPR@acpr.banque-france.fr

TO CONTACT US 

  • Presentation
  • Discussion

 

 

 

Publication Seminars
Do Distressed Banks Really Gamble for Resurrection?
  • Published on 11/15/2019
  • FR
  • PDF (518.07 KB)
Publication Seminars
Lower capital requierements as a policy tool to support credit to SMEs :Evidence from a policy experiment

Starting in 2014 with the implementation of the European Commission Capital Requirement Directive, banks operating in the Euro area were benefiting from a 25% reduction (the Supporting Factor or "SF" hereafter) in own funds requirements...

  • Published on 11/14/2019
  • FR
  • PDF (465.26 KB)
Publication Seminars
Crisis and contagion in nancial networks: a dynamic approach

We study the dynamics of a connected banking sector where the nancial links between banks are explicitly modelled, including the liquidation procedures in the case of the failure of an individual bank. This model of banking network allows us to...

  • Published on 08/13/2019
  • FR
  • PDF (1.03 MB)
Publication Seminars
How does currency diversification explain bank leverage procyclicality ?

The amplitude of leverage procyclicality is heterogeneous across banks and across countries. This paper introduces international diversification of bank balance sheet as a factor of this observed heterogeneity, with a special emphasis on currency...

  • Published on 08/09/2019
  • FR
  • PDF (427.31 KB)
Publication Seminars
Time matters: how default resolution times impact final loss rates

Using access to a unique bank loss data base, we show positive dependencies of default resolution times (DRTs) of defaulted bank loan contracts and final loan loss rates (losses given default, LGDs). Due to this interconnection, LGD predictions made at...

  • Published on 06/05/2019
  • FR
  • PDF (312.77 KB)
Publication Seminars
Bank Concentration and Product Market Competition

This paper documents that concentration in the banking sector is associated with less competitive product market outcomes in non-financial sectors. We argue that a distinguishing feature of credit concentration is the higher incidence of competing...

  • Published on 03/08/2019
  • FR
  • PDF (501.76 KB)
Publication Seminars
Insurers as Asset Managers and Systemic Risk

Financial intermediaries often provide guarantees that resemble out-of-the-money put options, exposing them to tail risk. Using the U.S. life insurance industry as a laboratory, we present a model in which variable annuity (VA) guarantees and...

  • Published on 03/04/2019
  • FR
  • PDF (639.88 KB)
Publication Seminars
The Private Production of Safe Assets

Do claims on the private sector serve the role of safe assets? We answer this question using high-frequency panel data on prices and quantities of certificates of deposit (CDs) issued in Europe. We find that only very short-term private securities...

  • Published on 01/24/2019
  • FR
  • PDF (1.22 MB)