Thursday, November 14, 2013
9:30 a.m. Registration
10:20 Welcome
10:30 Regulatory Enforcement and Bank Failures

"The Real Effects of Regulatory Enforcement Actions: Evidence from U.S. Counties" PDF icon [Presentation] PDF icon
Piotr Danisewicz, Bangor Business School

"Predicting Bank Failures Using a Market-Based Measure of Capital" PDF icon
Keith Friend, Office of the Comptroller of the Currency
12:30 p.m. Lunch
1:30 Session 2
Interconnections: Due to Common Exposure and/or Counterparty Risk

"Interest Rate Risk and Bank Equity Valuations" PDF icon [Presentation] PDF icon
Skander Van den Heuvel, Federal Reserve Board

"Financial Firm Bankruptcy and Contagion" PDF icon [Presentation] PDF icon
Jean Helwege, University of South Carolina
3:30 Break
4:00 "Systemic Risk and Stability in Financial Networks" PDF icon [Presentation] PDF icon
Alireza Tahbaz-Salehi, Columbia University
5:00 Reception
6:00 Dinner
 
Friday, November 15, 2013
8:00 a.m. Continental breakfast
8:30 Session 3
Incentive Compensation and Risk Taking

"Incentive Compensation for Risk Managers When Effort Is Unobservable" PDF icon [Presentation] PDF icon
Paul Kupiec, American Enterprise Institute

"Banker Compensation and Bank Risk Taking: The Organizational Economics View" PDF icon [Presentation] PDF icon
Edward Simpson Prescott, Federal Reserve Bank of Richmond
10:30 Break
11:00 "Bank Pay Caps, Bank Risk, and Macroprudential Regulation" PDF icon [Presentation] PDF icon
John Thanassoulis, University of Warwick
Noon Lunch
1:00 p.m. Panel: Incentive Compensation

Mark Carey, Federal Reserve Board
Stuart Gillan, University of Georgia
David Raikes, PricewaterhouseCoopers
2:30 Break
2:45 "Incentive Compensation, Accounting Discretion, and Bank Capital" PDF icon [Presentation] PDF icon
Larry D. Wall, Federal Reserve Bank of Atlanta
3:45 Adjournment