Call for papers Ifo / CESifo & Bundesbank Conference on The Banking Sector and the State

On 14-15 September 2012, the Department of International Institutional Comparisons of the Ifo Institute, CESifo and the Deutsche Bundesbank will hold a conference on The Banking Sector and the State. As recent years have shown, there exist manifold linkages between the banking sector and the state. During the financial crisis, governments took extraordinary measures to ensure the proper functioning of financial markets and to prevent a collapse of the banking sector. As a result, risks moved from the banking sector to the public sector. On the other hand, banks usually hold large sovereign exposures, which helped countries to finance their budget deficits. This means, however, that the solvency of banks is inevitably linked to the solvency of the state. If the latter is imperilled, as is the case in some European countries, the consequences for the financial sector can be severe. The conference is intended to address the above-mentioned questions, which are currently at the centre of the policy debate. To this end, papers are solicited in the areas of macroeconomics, banking and finance, including The role of institutions and interlinkages before and during financial crises. Bank liquidity and systemic stability: the macroprudential perspective. Too big to fail, bailouts and exit strategies, the economics of bad banks. The political economy of public banks.

Both theoretical and empirical papers are welcome. Moreover, we are delighted that our keynote lecture will be given by Viral Acharya, New York University Stern School of Business. The deadline for submissions is 15 May 2012. In order to submit a paper, please visit www.CESifo.de and go to the Forthcoming Conferences section. Only online submissions are accepted. Should you have any (technical) difficulties with the online submission procedure, please contact the CESifo office (office@cesifo.de) for assistance. Authors of accepted papers will be notified no later than 15 June 2012. The organisers will provide accommodation and reimburse travel costs (economy class) for authors of accepted papers. All papers presented at the conference are invited to be submitted to the CESifo Working Paper Series. Further questions regarding the organisation and scientific content can be addressed to Christa Hainz (Hainz@ifo.de) or Florian Buck (florian.buck@lmu.de). Scientific Advisors: Robert Marquez (Boston University), Jrg Rocholl (ESMT), Bruno Parigi (University of Padova) and Thorsten Beck (Tilburg University) Organising Committee: Frank Heid (Deutsche Bundesbank), Florian Buck (CES) and Christa Hainz (Ifo Institute)