| Thursday, November 6 | |
| 8:30 a.m. | Registration and continental breakfast |
| 8:50 | Welcome |
| 9:00 | Shadow Banking Chair: Teodora Paligorova, Bank of Canada "Shadow Banking: Policy Challenges for Central Banks"  Thorvald Grung Moe, Norges Bank |
| 9:30 | "Money for Nothing: The Consequences of Repo Rehypothecation" Sebastian Infante, Federal Reserve Board of Governors |
| 10:10 | Break |
| 10:40 | "How Capital Regulation and Other Factors Drive the Role of Shadow Banking in Funding Short-Term Business Credit" John V. Duca, Federal Reserve Bank of Dallas and Southern Methodist University |
| 11:20 | "Banks, Shadow Banking, and Fragility" Stephan Luck, University of Bonn and Max Planck Institute for Research on Collective Goods Paul Schempp, University of Bonn and Max Planck Institute for Research on Collective Goods |
| Noon | Lunch |
| 1:00 p.m. | Measuring Risk: Theory "Taking the Risk out of Systemic Risk Measurement" Levent Guntay, Federal Deposit Insurance Corporation Paul Kupiec, American Enterprise Institute |
| 2:00 | "An Agent-Based Model for Financial Vulnerability" Rick Bookstaber, Office of Financial Research Mark Paddrik, Office of Financial Research Brian Tivnan, MITRE Corporation |
| 2:30 | Break |
| 3:00 | Measuring Risk: Empirical and Applied
"Do Bond Investors Price Tail Risk Exposures of Financial Institutions?" Sudheer Chava, Georgia Institute of Technology Rohan Ganduri, Georgia Institute of Technology Vijay Yerramilli, University of Houston |
| 4:00 | "Regulation and Governance in the Non-Bank Financial Sector: Lessons from New Zealand" David G. Mayes, University of Auckland |
| 4:30 | "The Systemic Risk of Commodity Trading Firms" Craig Pirrong, University of Houston |
| 5:00 | "Asset Management Firms as Financial Intermediaries" Nicola Cetorelli, Federal Reserve Bank of New York |
| 5:30 | Reception |
| 6:30 | Dinner |
| Friday, November 7 | |
| 7:30 a.m. | Continental breakfast |
| 8:00 | Central Counterparties
"Systemic Risk in Clearing Houses: Evidence from the European Repo Market" Charles Boissel, HEC Paris François Derrien, HEC Paris Evren Örs, HEC Paris David Thesmar, HEC Paris |
| 9:00 | "Assessing the Adequacy of CCPs' Default Resources" Fergus Cumming, Bank of England Joseph Noss, Bank of England |
| 9:30 | Break |
| 10:00 | Insurance "The Microstructure of the Reinsurance Network among US Property-Casualty Insurers and Its Effect on Insurers' Performance" Hua Chen, Temple University J. David Cummins, Temple University Tao Sun, Temple University Mary A. Weiss, Temple University |
| 10:45 | "AIG and Its Legacy" Robert McDonald, Northwestern University Anna Paulson, Federal Reserve Bank of Chicago |
| 11:15 | Insurance Panel
Chair: Martin Grace, Georgia State University "Insurance Solvency Regulation: A New World Order?" Robert W. Klein, Georgia State University Richard Rosen, Federal Reserve Bank of Chicago |
| 12:30 a.m. | Lunch |
| 1:30 | Regulatory Responses "What's the Contingency? A Proposal for Bank Contingent Capital Triggered by Systemic Risk" Linda Allen, Baruch College Yi Tang, Fordham University |
| 2:30 | "Stricter Microprudential Supervision Versus Macroprudential Supervision" Larry D. Wall, Federal Reserve Bank of Atlanta |
| 3:00 | Adjournment |