First Workshop on Corporate Debt Markets

March 10th 2017
Cass Business School, London

Organizer: Max Bruche (Cass Business School). Funded by the European Commission under FP7 Marie-Curie Career Integration Grant 334382.

Program

10:00 -- 12:00 — Session 1

Securitization, Ratings, and Credit Supply
Authors: Brendan Daley (Duke), Brett Green (UC Berkeley), Victoria Vanasco (Stanford)
Discussant: Joel Shapiro (Oxford)

Securities Lending as Wholesale Funding: Evidence from the U.S. Life Insurance Industry
Authors: Nathan Foley-Fisher (Fed Board), Borghan Narajabad (Fed Board), Stéphane Verani (Fed Board)
Discussant: Guillaume Vuillemey (HEC)

13:00 -- 15:00 — Session 2

Life Below Zero: Negative Policy Rates and Bank Risk Taking
Authors: Florian Heider (ECB), Farzad Saidi (SSE), Glenn Schepens (ECB)
Discussant: Francesc Rodríguez-Tous (Cass)

Shock Propagation and Banking Structure
Authors: Mariassunta Giannetti (SSE), Farzad Saidi (SSE)
Discussant: Neeltje van Horen (Bank of England)

15:30 -- 17:30 — Session 3

Investor Diversity and Loan Market Liquidity
Authors: João A. C. Santos (NY Fed and Nova), Pei Shao (University of Lethbridge)
Discussant: Max Bruche (Cass)

Pipeline Risk in Leveraged Loan Syndication
Authors: Max Bruche (Cass), Frédéric Malherbe (LBS), Ralf Meisenzahl (Fed Board)
Discussant: John C. F. Kuong (INSEAD)