Event Highlight

Bank Regulation, Lending, and Growth

Posted Nov 19 2019

March 1st, 2019 | The International Affairs Building

Introductory remarks:

Patricia C Mosser, Director, MPA Program in Economic Policy Management, Columbia SIPA
William Nelson, Chief Economist, The Bank Policy Institute

Paper Session 1: Impact of bank regulation on lending and growth

Moderator: Douglas Elliott, Oliver Wyman
Michael Bordo, Rutgers and John Duca, Oberlin “The Impact of the Dodd-Frank Act on Small Business”
Andre F. Silva, Federal Reserve Board “Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins”
Discussants: Yuliya Demyanyk, Federal Reserve Bank of Cleveland, and Judson Murchie, Wells Fargo

Efficiency in Supervision

Panel Discussion: Consumer protection and lending

Paper Session 2: Regulation and the cost of capital

Moderator: Francisco Covas, Bank Policy Institute
Anna Kovner and Peter Van Tassel, Federal Reserve Bank of New York, “Regulatory Changes and the Cost of Capital for Banks”
Emilio Bisetti, Hong Kong University of Science and Technology “The Value of Regulators as Monitors: Evidence from Banking”
Discussants: Stijn Nieuwerburgh, Columbia Business School, and D. Wilson Ervin, Credit Suisse

Paper Session 3: Costs and benefits of capital and liquidity requirements

Moderator: William Nelson, Bank Policy Institute
Neeltje van Horen, Bank of England, “Repo Market Functioning: The Role of Capital Regulation”
Lihong McPhail, Commodity Futures Trading Commission, “When the Leverage Ratio meets Derivatives: Running Out of Options?”
Discussants: Mark Flannery, University of Florida, and Charles Himmelberg, Goldman Sachs