Second Workshop on Corporate Debt Markets

Cass Business School
May 15, 2018


Session 1: Bonds and Ratings.

Structural Changes in Corporate Bond Underpricing
Florian Nagler (Bocconi), Giorgio Ottonello (VGSF).
discussant: Max Bruche (Cass)

Credit Ratings and Competition
Alessio Piccolo (Oxford)
discussant: Martin Oehmke (LSE)

Session 2, Shadow Banking.

Securitization, Implicit Recourse, and Investment Efficiency
Anatoli Segura (Banca d'Italia), Jing Zeng (Frankfurt School).
discussant: Hongda Zhong (LSE)

The Rise of Shadow Banking: Evidence from Capital Regulation
Rustom Irani (Urbana Champaign), Rajkamal Iyer (Imperial), Ralf Meisenzahl (Federal Reserve Board), José-Luis Peydró (Pompeu)
discussant: Daniel Paravisini (LSE)

Session 3, Collateral.

Home Values and Firm Behaviour
Saleem Bahaj (Bank of England), Angus Foulis (Bank of England), Gabor Pinter (Bank of England)
discussant: Jason Sturgess (Queen Mary)

Uncertainty, Creditor Rights, and Firm Precautionary Behaviour
Giovanni Favara (Federal Reserve Board), Janet Gao (Indiana), Mariassunta Giannetti (SSE).
discussant: Philip Valta (Bern)