| Conferences & Announcements Author Guide Submissions Editorial Board |
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The William Davidson Institute at the University of Michigan Business Schoolpresents the 2001 Journal of Financial Intermediation Symposium BANKING IN EMERGING MARKETS University of Michigan, Ann Arbor,MI June 15-17, 2001 |
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| Friday, June 15 | ||
| 6:00 PM | Keynote Address: Dr. Michael Moskow, President and CEO | |
| Federal Reserve Bank of Chicago | ||
| 6:45 PM | Welcome Reception and Dinner | |
| Saturday, June 16 | ||
| SESSION I: ISSUES IN BANK REGULATION | ||
| Chair: Patrick Bolton, Princeton University | ||
| 8:00 AM | Continental Breakfast | |
| 8:30 AM | Viral V. Acharya (New York University) | |
| "A Theory of Systemic Risk and Design of Prudential Bank Regulation" | ||
| Discussant: Richard Rosen, Indiana University | ||
| 9:30 AM | Haizhou Huang (International Monetary Fund) | |
| Chenggang Xu (London School of Economics) | ||
| "Financial Institutions, Financial Contagion, and Financial Crises" | ||
| Discussant: George Pennacchi, University of Illinois | ||
| 10:30 AM | Break | |
| 11:00 AM | Jun Qian (Boston College) | |
| George Alessandria (Ohio State University) | ||
| "The Development of Financial Intermediation and Real Effects of Capital Account Liberalization" | ||
| Discussant: Loretta J. Mester, Federal Reserve Bank of Philadelphia | ||
| Noon | Lunch | |
| SESSION II: FINANCIAL SYSTEM DESIGN | ||
| Chair: Anjan V. Thakor, University of Michigan | ||
| 1:00 PM | Ross Levine (University of Minnesota) | |
| "Bank-Based or Market-Based Financial Systems: Which is Better?" | ||
| Discussant: Artyom Durnev, University of Michigan | ||
| 2:00 PM | Break | |
| 2:15 PM | Solomon Tadesse (University of South Carolina) | |
| "Financial Architecture and Economic Performance: International Evidence" | ||
| Discussant: Florencio Lopez-de-Silanes, Harvard University | ||
| 3:15 PM | Break | |
| 3:30 PM | Thomas F. Hellman (Stanford University) | |
| Marco Da Rin (University of Torino) | ||
| "Banks as Catalysts for Industrialization" | ||
| Discussant: Sugato Bhattacharyya, University of Michigan | ||
| 4:30 PM | Adjourn | |
| 6:00 PM | Conference Dinner | |
| Sunday, June 17 | ||
| SESSION III: ISSUES IN EMERGING MARKETS | ||
| Chair: Jan Svejnar, William Davidson Institute, UMBS | ||
| 8:00 AM | Continental Breakfast | |
| 8:30 AM | Roundtable Discussion: Emerging Research and Policy Issues in Emerging Markets | |
| Patrick Bolton (Princeton University) | ||
| Stuart Greenbaum (Washington University) | ||
| Anna Meyendorff (William Davidson Institute) | ||
| Jan Svejnar (WDI and University of Michigan) | ||
| 9:30 AM | Darius P. Miller (Indiana University) | |
| John Puthenpurackal (Texas A&M University) | ||
| "The Costs, Wealth Effects, and Determinants of International Capital Raising: Evidence from Public Yankee Bonds" | ||
| Discussant: Josh Coval University of Michigan | ||
| 10:30 AM | Break | |
| 11:00 AM | James E. McNulty (Florida Atlantic University) | |
| "Legal Systems, Financial Intermediation and the Development of Loan Relationships in the Transitional Economies of Central and Eastern Europe" | ||
| Discussant: Serdar Dinc, University of Michigan | ||
| Noon | Adjourn | |