Workshop is organized by LaRGE Research Center (University of Strasbourg), Bank of Finland Institute for Emerging Economies (BOFIT), and Gabelli School of Business, Fordham University (New York).

PROGRAMME

Monday, September 27, 2021

Strasbourg time (UTC+2)


SESSION 1: HOUSEHOLD FINANCE
Chair: Iikka Korhonen (Bank of Finland)

11:00 – 11:45 Financial Deepening and Informal Borrowing in Rural China
Shu Cai (Institute for Economic and Social Research, Jinan University)
Shanshan Li (Institute for Economic and Social Research, Jinan University)
Discussant: Jin Cao (Norges Bank)

11:45 – 12:30 The Effect of Financial Literacy on Granting Third-Party Guarantees
Elisabeth Beckmann (Oesterreichische Nationalbank)
Christa Hainz (ifo Institute)
Sarah Reiter (ifo Institute)
Discussant: Laurent Weill (University of Strasbourg)


12:30 – 13:30 Lunch


KEYNOTE SPEECH
13:30 – 14:30 Historical Financial Development in China: the Roles of Technology, Institution and Human Capital
CHEN LIN (The University of Hong Kong)


14:30 – 15:00 Coffee Break


SESSION 2: FAILING INSTITUTIONS
Chair: Christa Hainz (ifo Institute)

15:00 – 15:45 The Oligarch Vanishes: Defensive Ownership, Property Rights, and Political Connections
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John Earle (George Mason University)
Scott Gehlbachv (University of Chicago)
Anton Shirikov (University of Wisconsin Madison)
Solomiya Shpak (Kyiv School of Economics)
Discussant: Oleksandr Talavera (University of Birmingham)

15:45 – 16:30 Corruption and Property Rights in Russia: Evidence from the Arbitration Court System
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Jordan Gans-Morse (Northwestern University)
David Szakonyi (George Washington University & Higher School of Economics)
Discussant: Paul Wachtel (New York University)


16:30 – 17:00 Coffee Break


SESSION 3: UNDERGROUND FINANCE
Chair: Zuzana Fungáčová (Bank of Finland)

17:00 – 17:45 Government Cash Transfers Increase Poor Households’ Use of Underground Finance
Alvaro Gallegos (KU Leuven)
Kristien Smedts (KU Leuven)
Christophe Spaenjers (HEC Paris)
Discussant: Matias Ossandon Busch (Center for Latin American Monetary Studies)

17:45 – 18:30 Dark Banking? Banks and Illicit Deposit Flows
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David Aldama-Navarrete (Federal Reserve Board of Richmond)
Discussant: Eeva Kerola (Bank of Finland)


Tuesday, September 28, 2021

Strasbourg time (UTC+2)


SESSION 4: BANK LENDING
Chair: Laura Solanko (Bank of Finland)

11:00 – 11:45 Banking Across Borders: Are Chinese Banks Different
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Eugenio Cerutti (IMF)
Catherine Koch (BIS)
Swapan-Kumar Pradhan (BIS)
Discussant: Chang Ma (Fudan University)

11:45 – 12:30 Owe a Bank Millions, the Bank Has a Problem: Credit Concentration in Bad Times
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Sumit Agarwal (National University of Singapore)
Ricardo Correa (Federal Reserve Board)
Bernardo Morais (Federal Reserve Board)
Jessica Roldán (Casa de Bolsa Finamex )
Claudia Ruiz-Ortega (DECFP, World Bank)
Discussant: Evžen Kočenda (Institute of Economic Studies, Charles University)


12:30 – 13:30 Lunch


SESSION 5: FINANCE AND GOVERNMENT
Chair: Iftekhar Hasan (Fordham University)

13:30 – 14:15 Partisan Depositor Responses to a Currency Shock
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Xiangyang Gao (University of Hong Kong)
Chen Lin (University of Hong Kong)
Vesa Pursiainen (University of St. Gallen)
Yuchen Xu (Peking University HSBC Business School)
Discussant: Orkun Saka (City, University of London and LSE)

14:15 – 15:00 Borrowing from Government Owned Banks & Firm's Liquidation Risk
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Ankit Kariya (Indian Institute of Management, Bangalore)
Discussant: Oskar Kowalewski (IÉSEG School of Management)


15:00 – 15:30 Coffee Break


SESSION 6: RISK TAKING
Chair: Laurent Weill (University of Strasbourg)

15:30 – 16:15 Is Corporate Credit Risk Propagated to Employees?
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Filipe Correia (University of Illinois at Urbana-Champaign)
Gustavo S. Cortes (University of Florida)
Thiago C. Silva (Banco Central do Brasil, UCB & USP)
Discussant: Lars Norden (Brazilian School of Public and Business Administration (EBAPE))

16:15 – 17:00 Bank Risk-Taking and Monetary Policy Transmission: Evidence from China
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Xiaoming Li (Shanghai Advanced Institute of Finance)
Zheng Liu (Federal Reserve Bank of San Francisco)
Yuchao Peng (Central University of Finance and Economics)
Zhiwei Xu (Shanghai Jiao Tong University)
Discussant: Zuzana Fungáčová (Bank of Finland)