"Liquidity Concepts and Financial Instabilities"

June 12-14, 2003
Eltville, Germany
Jointly sponsored with the Center for Financial Studies, J.W. Goethe-Universität Frankfurt



"Endogenous Liquidity in Asset Markets"
Eisfeldt, Andrea (Northwestern University)

"Financial Fragility, Liquidity and Asset Prices"
Allen, Franklin / Gale, Douglas (The Wharton School, University of Pennsylvania / New York University)

"Information Contagion and Inter-Bank Correlation in a Theory of Systemic Risk"
Acharya, Viral V. / Yorulmazer, Tanju (London Business School / New York University)

"Liquidity, Efficiency and Bank Bailouts"
Gorton, Gary / Huang, Lixin (The Wharton School, University of Pennsylvania / City University of Hong Kong)

"Endogenous Financial Fragility and Prudential Regulation"
Charles M. Kahn / Joao A. C. Santos (University of Illinois / Federal Reserve Bank of New York)

"The Costs of Credit Booms"
Lorenzoni, Guido (Princeton University)

"Bubbles and Private Liquidity"
Hellwig, Christian / Lorenzoni, Guido (UCLA, University of California in Los Angeles / Princeton University)

"Liquidity, Business Cycles, and Monetary Policy"
Kiyotaki, Nobuhiro / Moore, John (London School of Economics / LSE and University of Edinburgh)

"Collateral Constraints in a Monetary Economy"
Cordoba, Juan Carlos / Ripoll, Marla (Rice University / University of Pittsburgh)

"Competition among Regulators and Credit Market Integration"
Dell'Ariccia, Giovanni / Marquez, Robert (IMF / University of Maryland)

"Financial Contagion through Capital Connections: A Model of the Origin and Spread of Bank Panics"
Dasgupta, Amil (London School of Economics)

"Money in a Theory of Banking"
Diamond, Douglas / Rajan, Raghuram (University of Chicago)

"Coordination Failures and the Lender of Last Resort: Was Bagehot Right After All?"
Rochet, Jean-Charles / Vives, Xavier (Université Sciences Sociales, Toulouse / INSEAD, Fontainebleau)

"Interbank Market Integration under Asymmetric Information"
Freixas, Xavier / Holthausen, Cornelia (Universitat Pompeu Fabra, Barcelona / ECB, Frankfurt)

"Estimating Bilateral Exposures in the German Interbank Market: Is there a Danger of Contagion?"
Upper, Christian / Worms, Andreas (Deutsche Bundesbank)

"A 'Vertical' Analysis of Monetary Policy in Emerging Markets"
Caballero, Ricardo / Krishnamurthy, Arvind (MIT / Northwestern University)

"Stratetic Complementarities and The Twin Crises"
Goldstein, Itay (Duke University)

"Inefficient Foreign Borrowing: A Dual-and-Common-Agency Perspective"
Tirole, Jean (Université Sciences Sociales, Toulouse)

"Debt Maturity and the International Financial Architecture"
Olivier Jeanne (IMF)

"The Breadth of Currency Crises"
Hartmann, Philipp / Straetmans, Stefan / de Vries, Casper (European Central Bank / Maastricht University / Erasmus Universiteit Rotterdam)

"The Breadth of Currency Crises: Appendix"
Hartmann, Philipp / Straetmans, Stefan / de Vries, Casper (European Central Bank / Maastricht University / Erasmus Universiteit Rotterdam)