2nd FINPRO - Finance and Productivity Conference
A conference jointly organised by the Competitiveness Research Network (CompNet), the European Bank for Reconstruction and Development (EBRD) and the Halle Institute for Economic Research (IWH).
The conference was a successful hybrid format, and took place at Leopoldina in Halle (Saale), Germany
Keynote Speakers: Thomas Philippon (Stern School of Business, New York University); Ufuk Akcigit (University of Chicago and IWH)
The official program can be found here.
For a live recording of the conference please click here: 5 May 2022 / 6 May 2022
Agenda
Welcoming Address
Filippo di Mauro (Chairman of CompNet), Michael Koetter (IWH) and Cagatay Bircan (EBRD)
Session 1: Entrepreneurship
Income Inequality and Entrepreneurship: Lessons from the 2020 COVID-19 Recession
Christoph Albert (Collegio Carlo Alberto)
Does IT Help? Information Technology in Banking and Entrepreneurship
Toni Ahnert (European Central Bank, Bank of Canada, Centre for Economic Policy Research and IWH)
Panel discussion
Javier Miranda (IWH & Friedrich Schiller University, Jena), Diana Bonfim (Bank of Portugal and Catolica Lisbon School of Business and Economics)
Keynote Speech: Additive Growth
Thomas Philippon (Stern School of Business, New York University)
Session 2: Shock Transmission
A Tale of Two Margins: Monetary Policy and Capital Misallocation
Beatriz González (Bank of Spain)
Bank Specialisation and Industry-specific Shocks
Sotirios Kokas (University of Essex)
Panel discussion
Camelia Minoiu (Federal Reserve Board), Glenn Schepens (European Cental Bank)
Session 3: Zombie Lending
Support for Small Businesses amid COVID-19
Xuan Wang (Vrije Universiteit Amsterdam and Tinbergen Institute)
Evergreening
Miguel Faria-e-Castro (Federal Reserve Bank of St. Louis)
Panel discussion
Juuso Vanhala (Bank of Finland), Ryan Niladri Banerjee (Bank for International Settlements)
Session 4: Bank Firms
Real Effects of lmperfect Bank-Firm Match
Serafeim Tsoukas (University of Glasgow)
How Do Banks Propagate Economic Shocks?
Özlem Dursun-de Neef (Goethe University Frankfurt)
Panel discussion
Klaas Mulier (Ghent University), Fadi Hassan (Bank of Italy)
Keynote Speech: Navigating Stormy Waters: Crises, Selection and Productivity Dynamics under Financial Frictions
Ufuk Akcigit (University of Chicago and IWH)
Session 5: Financial Constraints
Identifying Firm-level Financial Frictions Using Sign Restrictions
Andrea Caggese (Universitat Pompeu Fabra and Barcelona School of Economics)
COVID-19 and Credit Constraints: Survey Evidence from Italian Firms
Emanuele Brancati (Sapienza University of Rome)
Panel discussion
Ferre DeGraeve (Katholieke Universiteit Leuven; Fergal McCann, Central Bank of Ireland)
Closing remarks
Filippo di Mauro (Chairman of CompNet), Michael Koetter (IWH) and Cagatay Bircan (EBRD)