Friday, February 9, 2018
Columbia University, International Affairs Building



    FRIDAY, February 9, 2018

    9:00 am – 10:15 am

    Panel #1: Optimal Design

    10:30 am – 12:00 pm

    Paper Session #1: Liquidity Regulation: Impact and Interactions


    1:00 pm – 2:30 pm

    Paper Session #2: Consequences: Liquidity Regulation, Banking, and Shadow Banking


    2:45 pm – 4:15 pm

    Paper Session #3: Measuring Costs and Benefits


    4:15 pm – 5:30 pm

    Panel #2: Liquidity Regulation, Money Markets, and Monetary Policy


      Conference Summary

      PAPER SESSION #2: Consequences: Liquidity regulation, banking, and shadow banking

      Liquidity Regulation in Mortgage Markets: The Regulatory Premium Channel and The Rise of Nonbanks
      Pedro Gete (IE Business School)

      Reciprocal Lending Relationships in Shadow Banking
      Yi Li (Federal Reserve Board)

      PAPER SESSION #3: Measuring costs and benefits

      The Welfare Effects of Bank Liquidity and Capital Requirements
      Skander J. Van den Heuvel (Federal Reserve Board)

      Bank Liquidity and The Cost of Debt
      Sam Miller (Bank of England)


      • Patricia C. Mosser, Director, Central Banking and Financial Policy@SIPA
      • William Nelson, The Clearing House Association