84Th International Atlantic Economic Conference

84TH INTERNATIONAL ATLANTIC ECONOMIC CONFERENCE SPECIAL SESSIONS OF INTEREST: ______

FINTECH AND THE NEW FINANCIAL LANDSCAPES Lachine-Friday 16h45 – 18h45 Organizer: Julapa Jagtiani, Federal Reserve Bank of Philadelphia-U.S.A. Session: 161

Chair: Julapa Jagtiani, Federal Reserve Bank of Philadelphia—U.S.A. Alexander Kroeger and Asani Sarkar, Federal Reserve Bank of New York—U.S.A., The law of one bitcoin price? Julapa Jagtiani, Federal Reserve Bank of Philadelphia—U.S.A. and Catharine Lemieux, Federal Reserve Bank of Chicago—U.S.A. Fintech lending: Financial inclusion, risk pricing, and alternative information Blake Marsh and Jesse Maniff, Federal Reserve Bank of Kansas City—U.S.A., Banking on distributed ledger technology: Can DLT help banks address financial inclusion? Brian Knight, George Mason University—U.S.A., Federalism and federalization on the Fintech frontier Discussants: Hanna Halaburda, Bank of Canada—Canada and William Lang, Promontory Financial Group—U.S.A.

BANK RISK-TAKING AND FINANCIAL STABILITY Lachine-Saturday 09h00 – 11h00 Organizer: Christine M. Cumming and Joseph P. Hughes, Rutgers University-U.S.A. Session: 201

Chair: Christine M. Cumming, Rutgers University—U.S.A. Joseph P. Hughes, Rutgers University—U.S.A., Loretta J. Mester, Federal Reserve Bank of Philadelphia—U.S.A. and Choon-Geol Moon, Hanyang University—South Korea, Market discipline for and against financial stability: The two faces of equity capital in U.S. commercial banking Rhys M. Bidder, John R. Krainer and Adam H. Shapiro, Federal Reserve Bank of San Francisco—U.S.A., De-leveraging or de-risking? How banks cope with loss Colleen Baker, University of Oklahoma—U.S.A., Christine M. Cumming, Rutgers University— U.S.A. and Julapa Jagtiani, Federal Reserve Bank of Philadelphia— U.S.A., Market discipline on bank risk-taking: How important are liquidity requirements relative to capital requirements? EFFECTIVENESS OF BANK SUPERVISION Lachine-Saturday 16h45 – 18h45 Organizer: William Lang, Promontory Financial Group-U.S.A. Organizer: Eugine N. White, Rutgers University-U.S.A. Session: 261

Chair: William Lang, Promontory Financial Group—U.S.A. Eugene N White, Rutgers University—U.S.A., Purpose and effectiveness of bank examination in late 19th and 20th century America Jeffrey Gunther, Todd Vermilyea and Zhe Zhang, Federal Reserve Board—U.S.A., Use of supervisory authority to curb risk in banks with commercial real estate lending concentrations: A case study Thomas M. Eisenbach and David O. Lucca, Federal Reserve Bank of New York—U.S.A., and Robert M. Townsend, Massachusetts Institute of Technology—U.S.A., Economics of bank supervision Discussants: Christine M. Cumming, Rutgers University—U.S.A. and William Lang, Promontory Financial Group—U.S.A.