Humboldt-Universität zu Berlin - Finance Group

Humboldt-Universität zu Berlin | School of Business and Economics | Finance Group | Conferences | 3rd Workshop on Markets and Intermediaries 2025


3rd Workshop on Markets and Intermediaries

September 29-30, 2025 at School of Business and Economics, Humboldt University

https://www.maxbruche.net/events/3rd-workshop

 

Organisers: Max Bruche (Humboldt University), Falko Fecht (Deutsche Bundesbank) and Philipp König (Deutsche Bundesbank)

 

This workshop”, jointly organized by Humboldt University Berlin and the Research Centre of Deutsche Bundesbank, brings together research from the areas of corporate finance, banking and financial intermediation in order to foster exchange about important topical issues in these areas both from a theoretical and an empirical perspective.

 

Programme

 

DAY 1: Monday, September 29

 

12:30 - 13:00

Registration & Welcome

  Session: Loans and Deposits

13:00 - 13:50

Credit Supply and Green Investments

Presenter: Giorgia Barboni (Warwick)
Discussant: Francesc Rodríguez-Tous (Bayes)

13:50 - 14:40

Optimal Banking Arrangements: Liquidity Creation without Fragility

Presenter: Maxi Gunnewig (Bonn)
Discussant: Siema Hachemi (Liverpool)

14:40 – 15:10

Coffee break

  Keynote

15:10 - 16:10

Corporate Runs and Credit Reallocation

Vasso Ioannidou (Bayes)

16:10 – 16:40

Coffee break

  Session: Bank-firm Matching

16:40 - 17:30

Search Frictions in Credit Markets

Presenter: Clément Mazet-Sonilhac (Bocconi)
Discussant: Enrico Sette (ECB)

17:30 - 18:20

Bank Specialization in Lending to New Firms

Presenter: Alexandra Matyunina (Banko de España)
Discussant: Martin Götz (Bundesbank)

 

DAY 2: Tuesday, September 30

 

 

Session: Bankruptcy

08:30 - 09:20

Bankruptcy Law and the Market for Corporate Influence: Extending the Creditors' Bargain to Distress Investors

Presenter: Vladimir Vladimirov (U. v. Amsterdam)
Discussant: Sebastian Pfeil (Groningen)

09:20 - 10:10

The Economics of Legal Uncertainty

Presenter: Jan Starmans (Stockholm School of Economics)
Discussant: Gil Nogueira (Banco de Portugal)

10:10 - 10:40

Coffee break

  Session: Monetary and Fiscal Policy

10:40 - 11:30

Banking under Large Excess Reserves

Presenter: Basile Dubois (McGill)
Discussant: Matthias Kaldorf (Bundesbank)

11:30 - 12:20

Fiscal Constraints, Disaster Vulnerability, and Corporate Investment Decisions

Presnter: Thorsten Martin (Frankfurt School)
Discussant: Malte Rieth (Halle)