Tepper School Simon School of Business at University of Rochester NYU

Carnegie-Rochester-NYU Conference
on Public Policy

Public Policy Conference Series Semi-annual Conference


THOMAS F. COOLEY, New York University
MARVIN GOODFRIEND, Carnegie Mellon University

Upcoming Conference

November 15-16, 2013

Carnegie Mellon University



“A Century of Money, Banking, and Financial Instability”

The 82nd Meeting of the Carnegie-Rochester-NYU Conference on Public Policy

Thursday, November 14

 8:00-10:00 pm            Welcome Reception - Spring Hill Suites Marriott, Bakery Square

Friday, November 15

 8:15 am                       Molley's Trolleys from Spring Hill Suites Marriott, Bakery Square to the Tepper School of Business

 8:30 am                       Buffet Breakfast


                                  CONFERENCE SESSION I

                                     Chairman: Marvin Goodfriend

 9:00 am                     “On the Social Usefulness of Fractional Reserve Banking”
                                   Authors: V. V. Chari and Christopher Phelan
                                   Discussant: Ed Nosal


                                    “Regulatory Capture in Banking and Consequences for Financial Market Regulation: A First Look at the Evidence "
                                   Authors: David Lucca, Amit Seru, and Francesco Trebbi
                                   Discussant: Ed Kane


12:00 pm                     Lunch - Grand Room, 3rd Floor Posner Hall


                                  CONFERENCE SESSION II

                                     Chairman: Thomas Cooley

1:30 pm                      “Testing Macro-prudential Stress Tests: The Risk of Regulatory Risk Weights”
                                   Authors: Viral Acharya, Robert Engle, and Diane Pierret
                                   Discussant: Deborah Lucas


                                    “Predatory Trading and Credit Freeze"
                                   Authors: Jennifer La’O
                                   Discussant: Richard Lowery


5:00 pm                        Molley's Trolleys from Tepper School of Business to Spring Hill Suites Marriott, Bakery

6:15 pm                        Molley's Trolleys from Spring Hill Suites Marriott, Bakery Square to The Pittsburgh Golf Club

6:30 pm                        The Pittsburgh Golf Club - Cocktails 6:30-7:00 pm

7:00 pm                        Dinner: 7:00-9:00 pm


Saturday, November 16

8:00 am                       Molley's Trolleys from Spring Hill Suites Marriott, Bakery Square to Tepper School of Business

8:15-8:45 am               Buffet Breakfast


                                  CONFERENCE SESSION III

                                      Chairman: Burton Hollifield

 8:45 am                     “Liquidity Provision, Interest Rates, and Unemployment ”
                                   Authors: Guillaume Rocheteau and Antonio Rodreguez-Lopez
                                   Discussant: Nicolas Petrosky-Nadeau


                                    “Can Moral Hazard Be Avoided? The Banque de France and the Crisis of 1889"
                                   Authors: Pierre Cyrille Hautcoeur, Angelo Riva, and Eugene N. White
                                   Discussant: Stefano Ugolini

11:45 pm                     Conference Adjourns

12:00 am                     Box lunches will be available

                                     Transportation will also be available for earlier or later flights if needed.