Monetary Policy and the Mortgage Market

Itamar Drechsler¹, Alexi Savov², Philipp Schnabl², Dominik Supera³

1: University of Pennsylvania and NBER; 2: New York University and NBER; 3: Columbia Business School

Go with the Flow: Debt Structure Changes and Monetary Policy Transmission

Chuck Fang, Greg Nini

Drexel University, United States of America

Do GSEs Subsidize Mortgage Lending?

Thomas Flanagan

Ohio State University, United States of America

Monetary Policy and Corporate Investment: The Equity Financing Channel

Mehdi Beyhaghi¹, Murray Frank², Ping McLemore³, Ali Sanati⁴

1: Federal Reserve Board, United States of America; 2: University of Minnesota; 3: Federal Reserve Bank of Richmond; 4: American Univesity

Municipal Financing and Monetary Policy Transmission

Michael Varley, Igor Cunha

University of Kentucky, United States of America

The Reverse Bank Lending Channel of QE and QT and its Heterogeneous Effects Across the Euro Area

Daniel Stempel¹, Maximilian Horst¹, Ulrike Neyer¹, Philipp Roderweis²

1: Heinrich Heine University Duesseldorf, Germany; 2: University Sorbonne Paris Nord

Mortgage Structure, Financial Stability, and Risk Sharing

Vadim Elenev¹, Lu Liu²

1: Johns Hopkins University; 2: The Wharton School, University of Pennsylvania

Long Rates, Life Insurers, and Credit Spreads

Ziang Li

Imperial College Business School, United Kingdom

Inflation and Floating-rate loans: Evidence from the Euro-area

Fabrizio Core², Filippo De Marco^3,5, Tim Eisert^1,5, Glenn Schepens⁴

1: Nova SBE; 2: LUISS; 3: Bocconi; 4: European Central Bank; 5: CEPR

Strategic Claim Payment Delays: Evidence from Property and Casualty Insurance

Chotibhak Jotikasthira³, Anastasia Kartasheva^1,2, Christian Lundblad⁴, Tarun Ramadorai^5,6

1: University of St Gallen, Switzerland; 2: Swiss Finance Institute; 3: SMU Cox School of Business; 4: UNC Chapel Hill Kenan-Flagler Business School; 5: Imperial College London; 6: CEPR

Physical Climate Risk Factors and an Application to Measuring Insurers’ Climate Risk Exposure

Hyeyoon Jung¹, Robert Engle², Shan Ge², Xuran Zeng²

1: Federal Reserve Bank of New York, United States of America; 2: New York University, Stern School of Business

The Evolution of Insurance Product Markets: Capital Regulation and Insurance Provision

Alexandru Barbu¹, Ishita Sen²

1: INSEAD, France; 2: Harvard Business School, USA

Tax Incentives for Designated Market Makers

Vincent van Kervel¹, Mauricio Larraín¹, Jorge Sabat²

1: University of Los Andes, Chile, Chile; 2: Universidad Andrés Bello

Rethinking Transparency – Evidence from a Quasi-Natural Experiment

Jeffrey Meli¹, Zornitsa Todorova², Andrea Diaz²

1: New York University, United States of America; 2: Barclays

Stealthy Shorts: Informed Liquidity Supply

Amit Goyal¹, Adam Reed², Esad Smajlbegovic³, Amar Soebhag^3,4

1: University of Lausanne and Swiss Finance Institute; 2: Kenan-Flagler Business School, University of North Carolina,; 3: Erasmus University Rotterdam, the Netherlands; 4: Robeco Quantitative Investments, the Netherlands

Generative AI and Asset Management

Jinfei Sheng¹, Zheng Sun¹, Baozhong Yang², Alan Zhang³

1: UC Irvine; 2: GSU; 3: Florida International U

Information Acquisition By Mutual Fund Investors: Evidence from Stock Trading Suspensions

David Xiaoyu Xu¹, Clemens Sialm²

1: Southern Methodist University, United States of America; 2: University of Texas at Austin

The Value of Non-Alpha Services

Jules van Binsbergen¹, Alessandro Previtero², Ran Xing³

1: The Wharton School and NBER; 2: Indiana University and NBER; 3: Stockholm University and Swedish House of Finance

Optimal Banking Arrangements: Liquidity Creation without Financial Fragility

Maximilian Guennewig, Yuliyan Mitkov

University of Bonn, Germany

Central Bank Bond Purchases, Informativeness, and Rollover Crises

Paul Fontanier

Yale University, United States of America

Bank fragility and risk management

Toni Ahnert¹, Christoph Bertsch², Agnese Leonello¹, Robert Marquez³

1: European Central Bank, Germany and CEPR; 2: Sveriges Riksbank; 3: UC Davis

Collateralized Loan Obligations as Fire-Sale Insulation

William Diamond², Luigi Falasconi¹, Chi Xu²

1: University of Pennsylvania, United States of America; 2: Wharton School, University of Pennsylvania, United States of America

Underwater: Strategic Trading and Risk Management in Bank Securities Portfolios

Andreas Fuster¹, Teodora Paligorova², James Vickery³

1: EPFL and Swiss Finance Institute; 2: Federal Reserve Board; 3: Federal Reserve Bank of Philadelphia

Fragile Financing? How Corporate Reliance on Shadow Banking Affects their Access to Bank Liquidity

Viral Acharya¹, Manasa Gopal², Sascha Steffen³

1: NYU Stern School of Business; 2: Scheller College of Business; 3: Frankfurt School of Finance & Management