The global financial crisis has caused us to rethink many issues in banking, such as the limits of loan securitization, our ability to resolve large complex failed banks, the impact of banking and finance on the real economy, and the appropriate balance between market discipline and regulatory constraints on risk. At the same time, some banking trends have been relatively unaffected by the crisis: the consolidation of the industry, the inexorable increase in cross-border financial activity, the revolution in payments technologies, and the increasing interface between banks and financial markets.
This conference will showcase innovative research on the crisis-induced changes in financial markets and regulation, the continuing trends in technology and industry structure, and how these phenomena might combine to create the future banking landscape.
The Journal of Money, Credit and Banking will publish a special conference issue, edited by Thorsten Beck, Jakob de Haan and Robert DeYoung.Papers presented at the conference will be refereed according to the regular JMCB processes. The usual submission fee will be waived.
We invite both empirical and theoretical papers. Topics would include, but are not limited to:
- the impact of new regulatory and supervisory structures on bank returns, risk, and stability, including the effects of Basel III and the Dodd-Frank Act,
- the changing structure of the financial services industry and the optimal size and scope of financial institutions,
- the nexus of market structure, competition and stability in banking,
- cross-border banking and its implications for efficient credit allocation, economic growth, financial stability, and international bank regulations,
- asset securitization and other interactions among financial markets, commercial banks, and investment banks,
- corporate governance structures in financial institutions,
- consumer financial protection and the corporate responsibility of financial services firms,
- innovation in banking and credit markets, and
- the relationships among banking, macroeconomic policy, industry regulation, and the real economy.
The sponsors will cover economy class travel, hotel accommodations and miscellaneous expenses for presenting authors and all other invited participants.
- Allen Berger
- Arnoud Boot
- Xavier Freixas
- Ross Levine
- Robert Marquez
- Steven Ongena
- Joe Peek
- Gregory Udell
- Elu von Thadden
Papers should be submitted by December 15, 2011. Manuscripts should not be under review at any other journal. Decisions will be made by February 15 and successful authors notified shortly thereafter.