Conference on Countercyclical Capital Requirements

October 14-15, 2010

Papers presented

Thursday, October 14

Session I


 

Performance, Risk, and Capital Buffer under Business Cycles and Banking Regulations: Evidence from the Canadian Banking Sector
Alaa Guidara, Van Son Lai and Issouf Soumaré
paper

Presenter: Issouf Soumaré, Laval University
presentation

Discussant: Rocco Huang, Michigan State University

Countercyclical Provisions, Managerial Discretion, and Loan Growth: The Case of Spain
Santiago Carbó-Valverde and Francisco Rodríguez-Fernández
paper

Presenter: Santiago Carbó-Valverde, University of Granada
presentation

Discussant: Joao Santos, Federal Reserve Bank of New York
discussion presentation

The Trade-offs between Capital and Liquidity Requirements: Theory, History, and Empirical Evidence
Charles Calomiris

Presenter: Charles Calomiris, Columbia University

Discussant: Ellis Tallman, Oberlin College
discussion presentation

Session II
 

Incentive Compensation, Accounting Discretion, and Bank Capital
Timothy W. Koch, Dan Waggoner, and Larry D. Wall
paper

Presenter: Larry Wall, Federal Reserve Bank of Atlanta
presentation

Discussant: Kevin Jacques, Baldwin Wallace College

Accounting for Banks, Capital Regulation, and Risk-Taking
Jing Li
paper

Presenter: Jing Li, Carnegie Mellon University
presentation

Discussant: Robert McDonald, Northwestern University
discussion presentation

Friday, October 15

Session III
 

Credit Risk Transfer and the Default Risk of Large Complex Financial Institutions
Giovanni Calice, Christos Ioannidis and Julian Williams
paper

Presenter: Giovanni Calice, University of Southampton
presentation

Discussant: Anurag Gupta, Case Western Reserve University
discussion presentation

Countercyclical Regulation under Collateralized Lending
Laura Valderrama
paper

Presenter: Laura Valderrama, International Monetary Fund
presentation

Discussant: Michal Kowalik, Federal Reserve Bank of Kansas City

Managing Credit Booms and Busts
Olivier Jeanne and Anton Korinek
paper

Presenter: Anton Korinek, University of Maryland
presentation

Discussant: Tim Fuerst, Federal Reserve Bank of Cleveland
discussion presentation