Antitrust, Regulation, and User Union in the Era of Digital Platforms and Big Data

Lin William Cong¹, Simon Mayer²

1: Cornell University, United States of America; 2: HEC Paris, France

Leverage and Stablecoin Pegs

Gary Gorton², Elizabeth Klee¹, Chase Ross¹, Sharon Ross³, Alexandros Vardoulakis¹

1: Federal Reserve Board, United States of America; 2: Yale and NBER; 3: Office of Financial Research

Fintech Expansion

Jing Huang

Texas A&M University, United States of America

The Limits of Fiat Money: Lessons from the Bank of Amsterdam

Wilko Bolt^1,2, Jon Frost³, Hyun Song Shin³, Peter Wierts^1,2

1: Vrije Universiteit (VU) Amsterdam; 2: De Nederlandsche Bank (DNB); 3: Bank for International Settlement (BIS)

Whatever It Takes? Market Maker of Last Resort and its Fragility

Dong Beom Choi¹, Tanju Yorulmazer²

1: Seoul National University, Korea; 2: Koc University, Turkiye

Bank Equity Risk

Jens Dick-Nielsen, Zhuolu Gao, David Lando

Copenhagen Business School, Denmark

Intermediary-Based Loan Pricing

Pierre Mabille¹, Olivier Wang²

1: INSEAD, France; 2: NYU Stern, USA

Trade disruptions and cross-border banking integration

Allen N. Berger^4,5,6, Freddy Pinzon-Puerto^2,3, Peter Karlström², Matias Ossandon Busch^1,2

1: Halle Institute for Economic Research (IWH); 2: CEMLA; 3: Universidad del Rosario; 4: University of South Carolina; 5: Wharton Financial Institutions Center; 6: European Banking Center

Financial Integration through Production Networks

Indraneel Chakraborty², Saketh Chityala³, Apoorva Javadekar¹, Rodney Ramcharan⁴

1: Indian School of Business, India; 2: University of Miami; 3: University of Colorado Boulder; 4: University of Southern California

Desperate Capital Breeds Productivity Loss: Evidence from Public Pension Investments in Private Equity

Vrinda Mittal

Columbia Business School, Columbia University in the City of New York, United States of America

Private Equity and Corporate Borrowing Constraints: Evidence from Loan Level Data

Sharjil Haque¹, Simon Mayer², Young Soo Jang³

1: Board of Governors of the Federal Reserve System; 2: University of Chicago Booth School of Business; 3: HEC Paris

Conflicting Fiduciary Duties and Fire Sales of VC-backed Start-ups

Bo Bian¹, Yingxiang Li¹, Casimiro Antonio Nigro²

1: University of British Columbia, Sauder School of Business; 2: Goethe Universitaet Frankfurt am Main, Germany

Open Banking under Maturity Transformation

Itay Goldstein¹, Chong Huang², Liyan Yang³

1: Wharton, University of Pennsylvania; 2: University of California, Irvine; 3: University of Toronto

Stop believing in reserves

Sriya Anbil, Alyssa Anderson, Ethan Cohen, Romina Ruprecht

Federal Reserve Board, United States of America

Nonbank Fragility in Credit Markets: Evidence from a Two-Layer Asset Demand System

Kerry Siani¹, Olivier Darmouni², Kairong Xiao²

1: MIT Sloan; 2: Columbia Business School

Defunding Controversial Industries: Can Targeted Credit Rationing Choke Firms?

Kunal Sachdeva¹, Andre Silva², Pablo Slutzky³, Billy Xu⁴

1: Rice University; 2: Federal Reserve Board; 3: University of Maryland; 4: University of Rochester

Non-bank liquidity provision to firms: Fund runs and central bank interventions

Johannes Breckenfelder, Glenn Schepens

European Central Bank, Germany

Liquidity Provision and Co-insurance in Bank Syndicates

Kevin Kiernan², Vladimir Yankov¹, Filip Zikes¹

1: Federal Reserve Board, United States of America; 2: Fannie Mae

The Shadow Cost of Collateral

Guangqian Pan¹, Zheyao Pan², Kairong Xiao³

1: University of Sydney, Australia; 2: Macquarie University, Australia; 3: Columbia University, United States

Collateral Cycles

Evangelos Benos¹, Gerardo Ferrara², Angelo Ranaldo³

1: University of Nottingham; 2: Bank of England; 3: University of St. Gallen

Bank Information Production Over the Business Cycle

Cooper Howes¹, Gregory Weitzner²

1: Federal Reserve Board, United States of America; 2: McGill University

``Crime and Punishment"? How Banks Anticipate and Propagate Global Financial Sanctions

Mikhail Mamonov¹, Anna Pestova¹, Steven Ongena²

1: CERGE-EI; 2: University of Zurich

Tax Evasion and Information Production: Evidence from the FATCA

Si Cheng¹, Massimo Massa², Hong Zhang³

1: Syracuse University; 2: INSEAD; 3: Singapore Management University

The Political Economy of Financial Regulation

Rainer Haselmann¹, Arkodipta Sarkar², Shikhar Singla^1,4, Vikrant Vig^3,4

1: Goethe University Frankfurt, Germany; 2: National University of Singapore; 3: Northwestern, Kellog; 4: London Buisness School