Conférence Banque de France - TSE “Bank liquidity, regulation, and transparency”

The Banque de France and Toulouse School of Economics will organize a one day conference on “Bank liquidity, regulation, and transparency”. The joint conference will take place in Paris on December 20, 2013.

The financial crisis has brought to light the relative opacity of some banking exposures and activities as well as that of some key segments of financial markets. At the same time, the policy experience accumulated in the crisis suggests that interventions aimed at fostering disclosure on banks’ exposures and regulatory capital were not always successful in restoring confidence in banking systems. The conference aims to examine the extent to which transparency in the financial system contributes to the efficiency and stability of banks and financial markets. Six research papers will be presented, followed by a policy panel on whether and how regulatory and supervisory initiatives should and could improve bank disclosures. 

Organizing committee:
Régis Breton (Banque de France), Laurent Clerc (Banque de France), Augustin Landier (TSE) 

Conference papers and presentations

Monitoring and the acceptability of bank money

Régis Breton (Banque de France)

Transparency in the Financial System: Rollover Risk and Crises 

Mathieu Bouvard (McGill University) with Pierre Chaigneau and Adolfo de Motta

The Microstructure of the Bond Market in the 20th Century 

Bruno Biais (Toulouse School of Economics) with Richard C. Green

Bank risk taking and liquidity creation following regulatory interventions and capital support 

Thomas Kick (Deutsche Bundesbank) with Allen N. Berger, Christa H. S. Bouwman and Klaus Schaeck

The Information Value of the Stress Test and Bank Opacity

 Stavros Peristiani (FRB New York) with Donald P. Morgan and Vanessa Savino

Mandatory supervisory disclosure, voluntary disclosure, and risk-taking of financial institutions: Evidence from the EU-wide stress-testing exercises

Holger Daske (University of Mannheim) with Jannis Bischof 

Policy panel: “Shall we improve bank disclosures and why?”

with Bruno Biais (Toulouse School of Economics), Philippe Gudin (Barclays), Augustin Landier (moderator – Toulouse School of Economics), Richard Thorpe (Financial Stability Board), Eugene White (Rutgers University and NBER)