GRETA Associati (Venice, Italy), the European Investment Fund (Luxembourg) and Intesa Sanpaolo (Milan, Italy) are co-sponsors of a Conference to be held in Venice on September 28-29, 2017. The objective of the Conference is to bring together academics, practitioners and PhD students working in the area of risk management. The conference will provide an opportunity for participants engaged in research at the forefront of this area to discuss both the causes and implications of recent events in financial markets and may, in turn, suggest fruitful directions for future research. The Conference, organised under the auspices of the Department of Economics of the University Ca' Foscari of Venice, ABI - Italian Banking Association and European Investment Bank, is the sixteenth of a series dedicated to various aspects of credit risk.


Since 2007, the financial crisis has triggered deep changes of various kinds. Central banks have experimented new monetary policies (low interest rates, quantitative easing, forward guidance...). The banking industry has had to develop new asset management strategies and to adjust its credit allocation practices in order to cope with a new environment characterized, in particular, by a prolonged period of very low risk-free returns. Alternatives and complements to commercial banking have continued their progress. Meanwhile, regulatory frameworks have been reshaped all around the world, with the introduction of new requirements or guidelines. All these changes have called for a substantial amount of research to improve the knowledge of the mechanisms at play during the crisis, to design adapted policy tools and to provide a better description of the new economic and financial environment.

The organizers encourage submissions of papers on any topic within the overall theme of the conference and in the following areas in particular:

• Low interest rates and asset management: emergence of alternative asset classes; changes in banks asset management, repositioning towards wealth management services.
• Low interest rates and econometric modelling: Zero Lower Bound; lift off; unconventional monetary policy; default risk; contagion and systemic risk.
• Interest rates and alternative financing: venture capital; credit risk in p2p lending/crowdfunding, is there adverse selection? the financing of SMEs; impact on the real economy.
• New regulation environment: impact of Basel 4; internal models versus standardized approach; international harmonization; impact of TLAC (total loss absorbent capacity) and IFRS9.

The Scientific Committee for the Conference consists of:
Alain Monfort (CREST-Paris, Programme Chair)
Monica Billio (Ca' Foscari University of Venice)
Francesca Campolongo (EU-JRC Unit 'Financial and Economic Analysis')
Helmut Kraemer-Eis (Head EIF's Research & Market Analysis)
Jan Peter Krahnen (SAFE - Goethe University)
Steven Ongena (University of Zurich, SFI & CEPR)
Jean-Paul Renne (University of Lausanne)
Fulvio Pegoraro (Bank of France)
Bernd Schwaab (European Central Bank)

Local Organisers: Davide Alfonsi (Intesa Sanpaolo), Monica Billio (Ca' Foscari University of Venice & GRETA), Andrea Giacomelli (Knowshape & GRETA), Pier Luigi Gilibert (European Investment Fund) and Domenico Sartore (Ca' Foscari University of Venice & GRETA)


The final program will include both submitted and invited papers. Acceptances received so far from invited speakers include Thomas Philippon (New York University), Manju Puri (Duke University) and Jean-Paul Renne (University of Lausanne). The Conference will also feature a panel discussion on researchers' and practitioners' views of the major outstanding problems.

Those wishing to present a paper at the Conference should submit by May 31, 2017 to the address given below (preferably in electronic format). Please indicate to whom correspondence should be addressed. Decisions regarding acceptance will be made by July 10, 2017. The final version of accepted papers must be received by August 31, 2017.
 
Please send papers to:
 
To register for the Conference you are requested to complete the registration form that is available on our website ( http://www.greta.it/credit/credit2017/credit2017.htm).
 
Registration fees are:
                       
                                                     Early registration               Late registration
                                                     (within August 31st)             (from September 1st on)
 
Academics:                                      250 Euro + VAT               300 Euro + VAT
Practitioners:                                   800 Euro + VAT              1000 Euro + VAT
Academics Poster Presenter:         130 Euro + VAT               130 Euro + VAT
Practitioners Poster Presenter:      500 Euro + VAT              500 Euro + VAT
PhD Students*:                                  80 Euro + VAT                130 Euro + VAT

VAT is currently 22%
For participants presenting a paper there are no fees.
*Students will have to provide valid proof of their student status.
 
The registration fees cover:
- Admission to all scientific sessions
- Lunches and coffee service during the Conference
- Conference kit
 
The registration fees do not fully cover the conference dinner on September 28th, 2017, for which there is an extra charge of 90.00 Euro per person (conference attendees as well as accompanying persons).
 


May 31, 2017: Papers submission deadline
July 10, 2017: Paper acceptance notification
August 31, 2017: Deadline for sending final version of accepted papers
August 31, 2017: Deadline for early registration

More detailed information available on the Conference website: