Yale School of Management

Program on Financial Stability

Improving our understanding and management of systemic risk.

YPFS: Inaugural Conference 2014

August 1, 2014, 12:00 a.m. EDT

The Yale Program on Financial Stability (YPFS) is holding its inaugural conference on August 1, 2014 on the campus of Yale University in New Haven, Connecticut. The conference is held jointly with the Journal of Banking and Finance (JBF) on the topic of “bank capital.” We especially welcome papers that successfully bring academic rigor to practical questions faced by regulators.

Register Here

Yale School of Management, Evans Hall
165 Whitney Ave
New Haven, CT 06501
United States

Hotel Information

The Omni New Haven Hotel, 155 Temple St. New Haven CT. 203.772.6664  Book Here

New Haven Hotel, 229 George Street New Haven, CT. 203.498.3100 Book Here

The Study, 1157 Chapel St. New Haven CT. 203.503.3900 Book Here

Hotel Accommodations

Local Hotels

Conference Events

Session 1 at 9:00:

Benjamin Cohen, Bank of International Settlements

Banks and Capital Requirements: Channels of Adjustment

Discussant: Jack Reidhill, FDIC

Lev Rantnovski, International Monetary Fund

Bank Size, Capital Requirements, and System Risk: Some International Evidence

Discussant: Michael Gibson, Federal Reserve Board

Panel Discussion at 11:00:

Eilis Ferran, University of Cambridge
David Scharfstein, Harvard Business
Richard Herring, University of Pennsylvania
Tobias Adrian, Federal Reserve Bank of New York

Lunch & Keynote Speaker at 12:00

Lunch & Keynote Speaker: Paul Tucker
Senior Fellow at Missavar-Rahmani Center for Business & Government at Harvard Kennedy School & Harvard Business School

Download: Capital Regulation in the New World: The Political Economy of Regime Change

Session 2 at 1:30:

John Duca, Federal Reserve Bank of Dallas and Southern Methodist University

How Capital Regulation and Other Factors Drive Shadow Banking in the Short and Long Run

Discussant: Stijn Claessens, International Monetary Fund

Joseph Noss, Bank of England

Estimating the Impact of Changes in Aggregate Bank Capital Requirements During an Upswing

Discussant: Richard Berner, Office of Financial Research, U.S. Department of Treasury

Session 3 at 3:30:

James Vickery, Federal Reserve Bank of New York

The Capital and Loss Assessment Under Stress Scenarios (CLASS) Model

Discussant: Ignazio Angeloni, European Central Bank

Fabián Valencia, International Monetary Fund

Bank Capital and Uncertainty

Discussant: Nellie Liang, Federal Reserve Board

Conference Agenda Text

Program Agenda

Conference Agenda