Thursday, May 21

08:50 - 09:00 Opening Remarks - Klaus Sandmann (Bonn University)
09:00 - 10:50 Session 1: Reactions to the Financial Crisis (Chair: Rainer Haselmann)
09:00 - 09:55 “Never again! - the dynamics of bank bailouts”Urs Birchler (University of Zurich) - Presenting Discussant: David Martinez-Miera (Universidad Carlos III de Madrid)
09:55 - 10:50 “Taxing Banks: An Evaluation of the German Bank Levy” Claudia Buch (Deutsche Bundesbank) Björn Hilberg (Deutsche Bundesbank) Lena Tonzer (European University Institute) - Presenting Discussant: Tim Adam (Humboldt University Berlin)
10:50 - 11:20 Coffee break
11:20 - 12:15 Session 2: Consumer Finance (Chair: Heinz Herrmann)
12:15 - 13:10 Session 2: Consumer Finance (Chair: Heinz Herrmann)
13:10 - 14:30 “Regulating Consumer Financial Products: Evidence from Credit Cards” Sumit Agarwal (National University of Singapore) Souphala Chomsisengphet (Office of the Comptroller) Neale Mahoney (Chicago Booth and NBER) Johannes Stroebel (NYU, Stern School of Business) - Presenting Discussant: Oliver de Jonghe (Tilburg University)
14:30 - 15:30 Keynote Address: “Financial Regulation after the Crisis - Has System Safety increased?” Martin Hellwig (MPI for Collective Goods)
15:30 - 16:00 Coffee break
16:00 - 17:50 Session 3: Countercyclical Bank Capital Buffers (Chair: Tobias Berg)
16:00 - 16:55 “The Disturbing Interaction between Countercyclical Capital Requirements and Systemic Risk” Bálint L. Horváth (Tilburg University) Wolf Wagner (Tilburg University) - Presenting Discussant: Lucy White (Harvard University)
16:55 - 17:50 “Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments” Gabriel Jiménez (Banco de España) Steven Ongena (Zürich University) José-Luis Peydró (Universitat Pompeu Fabra) – Presenting Jesús Saurina (Banco de España) Discussant: Sacha Steffen (ESMT Berlin)
19:00 Dinner Speech by Claudia Buch (Deutsche Bundesbank)