Hora | Actividad |
8:30-9:15 | Registro |
9:15-9:30 | Apertura - Fernando Lefort Gorchs. Decano Facultad de Economía y Empresa, Universidad Diego Portales. |
9:30-9:45 | Bienvenida - Eric Parrado. Superintendente de Bancos e Instituciones Financieras de Chile. |
9:45-10:15 | “Effective Regulation and Financial Stability”, Anat Admati. George G.C. Parker Professor of Finance and Economics, Graduate School of Business, Stanford University. |
10:15-10:45 | Café |
10:45-12:00 | Presentación de documentos de trabajo: |
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Sesión 1 | Sesión 2 | Sesión 3 |
Reservas de capital I | Riesgos sistémicos | Calidad de Activos |
Moderador: Marco Morales (UDP). Associate Professor of Economics at the Universidad Diego Portales. Ph.D. in Economics, Boston University. | Moderador: Rodrigo Cifuentes (BCCh). Head of Financial Research at the Central Bank of Chile. Ph.D. in Economics, Harvard University. | Moderador: Orlando Balboa (Usach). Head of Economics Department at the Universidad de Santiago, Chile. Ph.D. in Economics, Vanderbilt University |
Prudential filters, portfolio composition and capital ratios in European banks. Isabel Argimón – Banco de España. | Systemic Risk in a Structural Model of Bank Default Linkages. Dietmar P.J.Leisen - Gutenberg School of Management and Economics. | Incorporation of financial ratios into prudential definition of assets: Micro and macro prudential perspective. Salome Skhirtladze – National Bank of Georgia |
The impact of the IRB approach on the risk weights of European banks. María Elizabeth Cristófoli - Banco de España. | Thoughts on the Proper Design of Macro Stress Tests and Their Usefulness in Measuring, Monitoring and Controlling Systemic Risk. Gregory D. Sutton - BIS | Safe Assets as Commodity Money. Benjamin Kay - U.S. Treasury |
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12:00-12:10 | Café |
12:10-13:20 | Presentación de documentos de trabajo: |
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Sesión 4 | Sesión 5 | Sesión 6 |
Provisiones por riesgo de crédito | Riesgos de fondeo | Riesgo en créditos hipotecarios |
Moderador: Patricio Jaramillo (SBIF). Head of Risk Modeling and Methodologies, SBIF. M.A. in Economics Georgetown University USA. | Moderador: Roberto Alvarez (FEN). Head of Economics Department at Universidad de Chile. Ph.D. in Management, UCLA Anderson School of Management. | Moderador: Carlos J. Perez (UDP) Assistant Professor of Finance, Universidad Diego Portales. Ph.D. in Economics, Universidad Carlos III de Madrid. |
Are capital (and earnings) incentives effective for loan loss provisions? Ricardo Schechtman – Central Bank of Brazil. | A comprehensive analysis of capital account liberalization on banking industry risks. Dan Su - National School of Development, Peking University. | A micro-powered model of mortgage default risk: the case of Chile. Juan Francisco Martínez - Banco Central de Chile. |
Moving in tandem: bank provisioning in Emerging Market Economies. Andres Murcia – BIS | Distance, concentration and crisis: analyzing the cost of the external banking debt in Chile. Pablo García - Banco Central de Chile. | LTV and DTI Limits—Going Granular. Luis I. Jácome – IMF. |
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13:30-14:45 | Almuerzo |
14:00-14:45 | “La historia de la regulación bancaria en Chile” - Luis Morand y Miguel Ángel Nacrur. Abogados. |
15:00-15:30 | “The role of microprudential, macroprudential, and monetary policies for preserving financial stability” - Rodrigo Vergara. Presidente del Banco Central de Chile. |
15:30-17:00 | Panel de discusión - “Bank Regulation and Sustainability” - Moderador: Rudy Araujo, General Secretary of ASBA. Panelistas: Jouko Vilmunen, Head of Research, Bank of Finland - Mark Zelmer, Deputy Superintendent, Regulation Sector, OSFI Canada - Daniel Schydlowsky, Superintendente de Banca, Seguros y AFP de Perú - James Walsh, Deputy Division Chief, Monetary and Capital Markets, IMF. |
17:00-17:15 | Café |
17:15-18:00 | “Bank enforcement actions and the terms of lending”, Iftekhar Hasan. E. Gerald E. Corrigan Professor of Finance, Fordham University and Scientific Advisor, Bank of Finland. |
18:00 | Clausura primer día |
20:00 | Cena (sólo para invitados) |
Hora | Actividad |
8:30-8:40 | Bienvenida: Fernando Díaz. Director, Departamento de Administración, Universidad Diego Portales. |
8:40-10:00 | Panel académico - “Empirical Research in Banking”, Moderador: Dr. Fernando Diaz, Universidad Diego Portales. Panelistas: Bill Francis. Member of the Editorial Board of the Journal of Financial Stability - Sris Chatterjee, Associate Editor of the Journal of Financial Stability - Gabriel Ramírez, Kennesaw State University. |
10:00-10:15 | Café |
10:20-11:30 | Presentación de documentos de trabajo: |
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Sesión 7 | Sesión 8 | Sesión 9 |
Reservas de capital II | Crecimiento del crédito | Supervisión bancaria |
Moderador: Jaime Forteza (SBIF) Senior Economist, Research Division, SBIF. Master, Mathématiques Appliquées en Economie et en Finance, University of Paris I: Panthéon-Sorbonne. | Moderador: Luis Opazo (ABIF). Research Director, Association of Banks, Chile. Ph.D. in Economics, Georgetown University. | Moderador: Félix Villatoro (UAI) Associate Professor of Finance at the Universidad Adolfo Ibáñez. Ph.D. in Economics, Pontificia Universidad Católica de Chile. |
Optimal capital, regulatory requirements and bank performance in times of crisis: Evidence from France. Pierre Pessarossi – ACPR (France). | Credit Growth Dynamics. José Camarena – SBS del Perú | Does Regulatory Bank Oversight Impact Economic Activity? A Local Projections Approach. Pavel Kapinos - FDIC |
The two faces of interbank correlation. Consuelo Silva Buston – Universidad Alberto Hurtado e ILADES | The Winner's Curse: Evidence on the Danger of Aggressive Credit Growth in Banking. Benedikt Ruprecht – Bundesbank. | Does the bond market discipline state owned enterprises? State banks borrow cheaper. Rodrigo Wagner - Universidad de Chile. |
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11:30-11:40 | Café |
11:40-12:50 | Presentación de documentos de trabajo: |
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Sesión 10 | Sesión 11 |
Riesgo en el ciclo de crédito | Sustentabilidad bancaria |
Moderador: Erik Berwart (SBIF) Senior Economist, Research Division, SBIF. Ph. D in Accounting and Finance, The University of Manchester. | Moderador: Esteban Pérez C. (CEPAL) Oficial Asuntos Económicos, Cepal. Ph.D in Economics, New School for Social Research, New York. |
Cyclicality of SME Lending and Government Involvement in Banks. Patrick Behr - EBAPE, Getulio Vargas Foundation. | Financial development and banking credit: their effects on income inequality and poverty. Francisco Cabezón - SBIF. |
Explaining the cyclical volatility of consumer debt risk. Carlos Madeira - Banco Central de Chile | Why Financial Advice Cannot Substitute for Financial Literacy? Majdi Debbich - Center for Financial Security, University of Wisconsin-Madison, USA and AMF - Autorité des marchés financiers, France. |
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13:00-13:30 | "Managing the human resources of regulators (and other civil servants)" - David M. Kreps. Adams Distinguished Professor of Management, School of Humanities and Sciences, Graduate School of Business, Stanford University. |
13:30 | Clausura - Eric Parrado. Superintendente de Bancos e Instituciones Financieras de Chile. |