The New York City Area Conference on Financial Intermediation
November 18, 2005
Leonard N. Stern School of Business
New York University
A conference jointly sponsored by the
Federal Reserve Bank of New York and the Salomon Center at NYU Stern
Location:
New York University
Stern School of Business
Henry Kaufman Management Center
44 West 4th Street, New York City
Main Auditorium
Registration Details:
Attendance is free of charge but seating is strictly limited and so registration is required.
To register, please send an email to salomon@stern.nyu.edu before November 1, 2005.
We aim to confirm your registration by November 1, 2005.
Program:
8:00 Registration and continental breakfast
8:50 Opening Remarks
Matthew Richardson, Director, NYU Salomon Center
9:00-12:30 MORNING SESSION
Chair: Anthony Saunders, New York University
9:00 Adam Ashcraft, Federal Reserve Bank of New York
Hoyt Bleakley, University of California at San Diego
”On the Market Discipline of Informationally-Opaque Firms: Evidence from Bank Borrowers in the Federal Funds Market”
Discussant: Kenneth Ayotte, Columbia University
10:00 David Gaddis Ross, New York University
“On Bankers and their Incentives”
Discussant: Donald Morgan, Federal Reserve Bank of New York
11:00 Refreshment break
11:30 João A.C. Santos, Federal Reserve Bank of New York
Andrew Winton, University of Minnesota
“Bank Loans, Bonds, and Information Monopolies Across the Business Cycle”
Discussant: Enrichetta Ravina, New York University
12:30 Lunch
2:00-5:30 AFTERNOON SESSION
Chair: Ingo Walter, New York University
2:00 Linda Allen, Baruch College, CUNY
Aron A. Gottesman, Pace University
“The Informational Efficiency of the Equity Market as Compared to the Syndicated Bank Loan Market”
Discussant: James Vickery, Federal Reserve Bank of New York
3:00 Yingjin Hila Gan, University of Pennsylvania
Christopher Mayer, Columbia University and NBER
“Conflicts of Interest and Securitization”
Discussant: Harrison Hong, Princeton University
4:00 Refreshment Break
4:30 Victoria Ivashina, New York University
“The Effects of Syndicate Structure on Loan Spreads”
Discussant: Daniel Paravisini, Columbia University
5:30 Drinks Reception