THURSDAY, 17 OCTOBER 2013 “ Board Room at DNB
Opening by Jakob de Haan, Head of Research of De Nederlandsche Bank (DNB)
SESSION I: Bank Credit and Firm Dynamics
Chair: Paul Cavelaars (DNB, Head of Banking Supervision Strategy)
Mary Amiti (Federal Reserve Bank of New York) Presentation
'How Much Do Bank Shocks Affect Investment? Evidence from Matched Bank-Firm Loan Data'
Discussant: Erasmo Giambona (UVA, Amsterdam Business School) Discussion
Neeltje van Horen (DNB) Presentation
'Shocks Abroad, Pain at Home? Bank-Firm Level Evidence on Financial Contagion during the 2007-2009 Crisis'
Discussant: Luc Laeven (International Monetary Fund) Discussion
Keynote Address: Gregory Udell (Indiana University) Presentation
Effects of Frictions in Credit Provision to SMEs
SESSION II: Job Destruction in the Great Recession
Chair: Jakob de Haan (DNB, Head of Research)
Pedro Portugal (Banco de Portugal) Presentation
'Catastrophic Job Destruction'
Discussant: Stephan Hochguertel (VU University Amsterdam) Discussion
Marcel Jansen (Universidad Autonoma de Madrid) Presentation
'When Credit Dries Up: Job Losses in the Great Recession' Slides
Discussant: Gabriel Chodorow-Reich (Harvard University) Discussion
FRIDAY, 18 OCTOBER 2013 “ Board Room at DNB
SESSION III: Credit, Start-ups and Job Creation
Chair: Peter van Els (DNB, Head of Monetary Policy Analysis)
Petr Sedlaceck (University of Bonn) Presentation
'Recession Scars and the Growth Potential on Newborn Firms in General Equilibrium'
Discussant: Eric Bartelsman (VU University Amsterdam) Discussion
Immo Schott (European University Institute) Presentation
'Start-ups, Credit, and the Jobless Recovery'
Discussant: Andrea Colciago (DNB) Discussion
Keynote Address: Andrea Caggese (Universitat Pompeu Fabra) Presentation
Financial Constraints and Firms' Dynamics
Chair: Jan Marc Berk (Director of Economics and Research of DNB)
SESSION IV: Credit, Monetary Policy Transmission and the Real Economy
Chair: Klaas Knot (President of DNB)
Ander Perez (Universitat Pompeu Fabra) Presentation
'Is Bank Debt Special for the Transmission of Monetary Policy? Evidence from the Stock Market'
Discussant: Marcello Pericoli (Banca d'Italia) Discussion
Alessio d'ignazio (Banca d'Italia) Presentation
'The Causal Effect of Credit Guarantees for SMEs: Evidence from Italy'
Discussant: Inga Heiland (Ifo institute) Discussion