Conférence Banque de France - Toulouse School of Economics “Financial structure, financial stability and the economy” 20 octobre 2017, Banque de France (Paris)

The Banque de France and Toulouse School of Economics (TSE) organize a one day conference on “Financial structure, financial stability and the economy”. This joint conference will take place in Paris on October, 20, 2017.

The conference aims to shed light on what are the characteristics of a resilient and growth promoting financial system, with a view on banking and financial markets integration in Europe. Research papers will analyze various issues such as the link between financial structure and growth, the impact of credit market integration—or lack thereof—on firms, and the extent to which integrated markets for capital financing can complement bank financing. A debate on the Capital Market Union as an important element of a broader financing union will close the conference.

Conference program

Organizing committee: Régis Breton (Banque de France), Laurent Clerc (Banque de France), Fany Declerck (TSE)

To attend this conference, please fill in and return the following registration form to 1537-CONF-BDF-TSE-2017-UT@banque-france.fr by October, 9th.

Registration form

Conference venue : Banque de France conference center, 31 rue Croix-des-Petits-Champs, Paris

Conference program and presentations

Keynote lecture by Catherine L. Mann (OECD) :

Finance and economic growth in OECD and G20 countries

Don’t stop me now: The impact of credit market fragmentation on firms’ financing constraints

Katja Neugebauer (European Commission) with Franziska Bremus

Presentation by Neugebauer

Discussion by Julia Schmidt (Banque de France)

Shock propagation and banking structure

Farzad Saidi (Stockholm School of Economics) with Mariassunta Giannetti

Presentation by Saidi

Discussion by Jung-Hyun Ahn

(NEOMA Business School)

To ask or not to ask? Collateral versus screening in lending

Hans Degryse (KU Leuven) with Artashes Karapetyan and Sudipto Karmakar

Presentation by Degryse

Discussion by Mathias Efing (HEC)

Servicing Marketplace lending, information efficiency, and liquidity

Oren Sussman (Oxford Saïd Business School) with Julian Francks and Nicolas Serrano-Velarde

Discussion by Christophe Bisière (TSE)

Nascent markets : Understanding the success and failure of new stock markets

Mathijs van Dijk (Rotterdam School of Management – Erasmus University) with José Albuquerque de Sousa, Thorsten Beck and Peter van Bergeijk

Presentation by van Dijk

Discussion by Matthieu Chavaz (Bank of England)

The real effect of improving access to capital markets financing: evidence fromEuropean

Eric Nowak(Swiss Finance Institute) with Alexander Eisele

Presentation by Nowak

Discussion by Duquerroy (Banque de France)

Debate : “The capital market union”

Presentation by François Villeroy de Galhau (Banque de France)

Presentation by Olivier Guersent (European Commission)