Monthly seminars "chaire ACPR"
Share links
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 10.30 am to 12 am in the premises of the ACPR: 4, place de Budapest, Salle Liège (rez-de-jardin).
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 EVENTWednesday, 2sd of October 2024, 10.30 am – 12 pmOussama Houari (University of Nantes) “Climate Risks and Economic Activity in France : Evidence From Media Coverage”
Abstract: This study investigates the impact of climate risks on economic activity in France. Using natural language processing methods on three major French newspapers (Le Monde, Les Echos, and Le Figaro) in 2000-2023, we construct a measure of climate risks that we disentangle into physical- and transition-risk components. Our findings highlight several transmission channels through which climate risks affect the economy: the business cycle channel, the precautionary savings channel, the inflation channel, and the banking/credit channel. Moreover, while we document the existence of heterogeneous responses to our measures of physical and transition risks, we find that the tone of media covering climate risks matters beyond the frequency of published articles. Our findings show that the media plays a crucial role in influencing public beliefs about climate change related issues.
Please note that this seminar will take place in a hybrid mode (the seminar will take place at the ACPR 4 Pl. de Budapest, 75009 Paris , and will also be streamed online). (Free) registration (for both in person or online participation) is compulsory by mail at chaireACPR@acpr.banque-france.fr If you opt for online participation, the connection details will be sent to you in the following days. - Article |
PREVIOUS EVENTSWednesday, 4th of September 2024, 10.30 am – 12 pmGyöngyi Lóránth (University of Vienna and CEPR) will present “Common Deposit Insurance, Cross-Border Banks and Welfare” Abstract: We study the effects of the introduction of a supranational authority responsible for common deposit insurance in a model of cross-border banks with both endogenous risk-taking and within-group risk-sharing possibilities. With national deposit insurance, local authorities inefficiently ring-fence resources flowing from healthy to impaired subsidiaries for high asset correlation. The anticipation of ring-fencing discourages cross-border bank integration. Common deposit insurance removes ring-fencing and encourages cross-border integration, but has an ambiguous impact on the banks' risk-taking incentives. Overall, common deposit insurance increases welfare when banks are sufficiently risky, but otherwise can lead to excessive cross-border integration and lower welfare.
Please note that this seminar will take place in a hybrid mode (the seminar will take place at the ACPR 4 Pl. de Budapest, 75009 Paris , and will also be streamed online). (Free) registration (for both in person or online participation) is compulsory by mail at chaireACPR@acpr.banque-france.fr If you opt for online participation, the connection details will be sent to you in the following days. - Article |
