The Argyros College of Business and Economics hosts the 4th Annual Chapman Conference on Money and Finance, titled Liquidity: Pricing, Management and Financial Stability, on September 6-7, 2019 at Chapman University.
The conference highlights recent developments in research on liquidity and implications for asset and liability management, financial stability and regulation.
This event is free and open to the public.
Program
Download the full program here.
Friday, September 6: Beckman Hall 404 - 8:30 a.m. - 5:30 p.m..
Saturday, September 7: Beckman Hall 104 - 8:30 a.m. - 2:30 p.m..
Agenda - Friday
8:30 - 8:50 a.m. Coffee and Light Fare
8:50 - 9 a.m. Welcome: Dean Thomas Turk
9:10 - 10:10 a.m. Sources and Pricing of Liquidity
10:10 - 10:45 a.m. Volatility and Liquidity
10:45 - 11:05 a.m. Coffee Break
11:05 - 12:45 p.m.. Complexity and Liquidity
12:45 - 2:15 p.m.. Lunch and Keynote address from Adrian Blundell-Wignall, former special advisor, OECD, “Globalizing with China: Economic and Financial Developments that Cannot End Well”
2:15 - 3:25 p.m.. Economic Policy and Regulation
3:25 - 3:45 p.m.. Coffee Break
3:45 - 5:30 p.m.. Panel discussion “Managing Liquidity on the Micro and Macro Levels”
Agenda - Saturday
8:30 - 9:15 a.m. Technology and Liquidity
9:15 - 10 a.m. Central Clearing
10 - 11:45 a.m. Systemic Risk
11:45 - 1:15 p.m. Bank Liquidity and Capital
1:15 p.m. Lunch
2:30 p.m. End
2019 Conference Presentations
- Keynote Address | "Globalization and Finance at the Crossroads" | Adrian Blundell-Wignall
- "Liquidity, Solvency and Stability" | Anjan V. Thakor, Washington University in St. Louis
- "Volatility Dynamics and Liquidity" | Sabiou M. Inoua, Chapman University, Economic Science Institute
- "Bank Complexity, Governance and Risk" | Linda Goldberg, Federal Reserve Bank of New York & NBER
- "Meeting the Liquidity Challenge in Resolution" | Richard J. Herring, The Wharton School
- "Capital, Liquidity and Prudential Regulation" | Christa H.S. Bouwman, Texas A&M University and Wharton Financial Institutions Center
- "Unconventional Central Bank Policies in Emerging Asia" | Hans Genberg, Asia School of Business
- "Liquidity: Pricing, Management and Financial Stability" | Ludwig B. Chincarini, University of San Francisco & United States Commodity Fund Investments
- "Managing Liquidity Risk" | Courtney Garcia, PIMCO
- "On the Interaction of Bank Liquidity and Capital" | Amine Tarazi, University of Limoges, Lape, France
- "Systemic Portfolio Diversification" | Agostino Capponi, Columbia University
- "Discussion of Capponi and Weber" | Steven Gjerstad, Chapman University, Economic Science Institute
- "Opacity: Insurance and Fragility" | Ryuichiro Izumi, Wesleyan University
- "Discussion of Ryuichiro Izumi" | James Barth, Auburn University
- "CDS Central Counterparty Clearling Liquidation: Road to Recovery or Invitation to Predation" | Magdalena Tywoniuk, University of Geneva and SFI Doctoral Finance Program
- "CDS Central Counterparty Clearing Liquidation, Comments" | Wolfgang Bessler, Justus Liebig University Giessen, Center for Finance and Banking
- "An Interbank Liquidity Experiment" | Ned Prescott, Federal Reserve Bank of Cleveland
- "Discussion of Prescott, Davis, Korenok and Lightle" | Gabriele Camera, Chapman University, Economic Science Institute
- "In Search of Liquidity Risk in Bank Stock Returns" | Yasser Boualam, University of North Carolina
2019 Conference Papers
- "The Night and Day of Amihud's Liquidity Measure" | Yashar H. Barardehi, Chapman University
- "Market liquidity shortage and banks' capital structure and balance sheet adjustments: Evidence from U.S. commercial banks" | Amine Tarazi
- "Systemic Portfolio Diversification" | Agostino Capponi
- "Opacity: Insurance and Fragility" | Ryuichiro Izumi
- "Ransomware Activity and Blockchain Congestion" | Konstantin Sokolov
- "Liquidity Requirements and the Interbank Loan Market: An Experimental Investigation" | Edward Prescott, Federal Reserve Bank of Cleveland
- "CDS Central Counterparty Clearing Liquidation: Road to Recovery or Invitation to Predation?" | Magdalena Tywoniuk
- "In Search of Liquidity Risk in Bank Stock Returns" | Yasser Boualam and Anna Cororaton
2019 Conference Videos
Keynote Address by Adrian Blundell-Wignall
2018 Conference
Download the program for the 2018 Conference here.
2017 Conference
Download the program for the 2017 Conference and Keynote presentation here.