Venice Summer Institute
Workshop on

Banking Regulation and Financial Stability

Programme Wednesday, 17 July 2002
Session 1
09:00 - 09:45	Why are There so Many Banking Crises? JEAN CHARLES ROCHET
09:45 - 10:30	On the Feasibility of Risk Based Regulation JON DANIELSSON
10:30 - 10:45	Coffee Break
Session 2
10:45 - 11:30	How Do Bank Capital and Capital Adequacy Regulation Affect the Monetary Transmission Mechanism? MISA TANAKA Discussant: GERHARD ILLING
11:30 - 12:15	Banking and the Macroeconomy JAN WENZELBURGER & Hans Gersbach Discussant: MARTIN SUMMER
12:15 - 13:45	Lunch
Session 3
13:45 - 14:30	Banking Supervision in Integrated Financial Markets: Implications for the EU STEPHANIE STOLZ Discussant: ULRICH KLUEH
14:30 - 15:15	Cooperation in International Banking Supervision: A Political Economy Approach CORNELIA HOLTHAUSEN & Thomas Roende Discussant: GIACOMO CALZOLARI
15:15 - 15:30	Coffee Break
Session 4
15:30 - 16:15	Regulatory and Supervisory Independence and Financial Stability MARC QUINTYN & Michael Taylor Discussant: PHILIP DAVIES
16:15 - 17:00	Moral Hazard Effects of Bailing out under Asymmetric Information GABRIELA MUNDACA Discussant: CYRIL MONNET
18:30	Conference Dinner

Thursday, 18 July 2002
Session 5
09:00 - 09:45	Towards a Macro-Prudential Framework for Financial Supervision and Regulation? CLAUDIO BORIO
09:45 - 10:30	Loan Loss Provisioning and Economic Slowdowns: Too Much, Too Late? Luc Laeven & GIOVANNI MAJNONI Discussant: GABRIELA MUNDACA
10:30 - 10:45	Coffee Break
Session 6
10:45 - 11:30	The Risk of Interbank Credits: A New Approach to the Assessment of Systemic Risk MARTIN SUMMER, Helmut Elsinger & Alfred Lehar Discussant: KLAUS DUELLMANN
11:30 - 12:15	The Effect of Diversification and Capitalization on Bank Credit Risk? Evidence from Bank Stock Market Returns LIEVEN BAELE, Rudi Vander Vennet & Astrid Van Landschoot Discussant: AVINASH PERSAUD
12:15-13:45	Lunch