Humboldt-Universität zu Berlin - Finance Group

Humboldt-Universität zu Berlin | School of Business and Economics | Finance Group | Conferences | 4th Workshop on Markets and Intermediaries 2026


4th Workshop on Markets and Intermediaries

March 25-26, 2026 at Bundesbank Seminar Centre at Berlin Wannsee

https://www.maxbruche.net/events/4th-workshop

 

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: Wednesday, March 25

 

12:00 - 13:00

Registration & Welcome, Buffet Lunch

 

Session I: Bank Risk and Regulation

13:00 - 15:00

Banks' Next Topmodel

Presenter: Elizaveta Sizova (Norwegian School of Economics)
Discussant: Sergio Vicente (University of Luxemburg)

 

Banks and Non-banks: Competitors in Loan Origination, Partners in Regulatory Arbitrage

Presenter: Chiara Lattanzio (University College London)
Discussant: Yuliyan Mitkov (University of Vienna)

15:00 – 15:30

Coffee break

  Session II: Banks and Payments

15:30 - 17:30

Shadow Banks on the Rise: Evidence Across Market Segments

Presenter: Kim Fe Cramer (London School of Economics)
Discussant: Dominic Cucic (Danmarks Nationalbank)

 

Cash me if you can: ATM Explosions, Payment Choice, and Consumption

Presenter: Theresa Spickers (University of Amsterdam)
Discussant: Olga Balakin (Safe Frankfurt)

 

DAY 2: Thursday, March 26

 

 

Session III: Econometrics of Loan Shocks

09:00 - 11:00

Identifying Heterogeneous Supply and Demand Shocks in European Credit Markets

Presenter: Olivier De Jonghe (ECB)
Discussant: Edoardo Rainone (Banca d'Italia)

 

Estimation the Impact of Loan Supply Shocks

Presenter: Alejandro Casado (Banco de España)
Discussant: Martin Götz (Deutsche Bundesbank)

11:00 – 11:30

Coffee break

  Session IV: The Consequences of IPOs

11:30 - 13:30

The Effect of IPOs on Workers

Presenter: Margarida Soares (Nova)
Discussant: Merih Sevilir (IWH/ESMT)

 

The Silicon Divide: High-Technology IPOs and the Widening Socioeconomic Gap

Presenter: Wenchuan Zhao (Oxford)
Discussant: Francesco Mazzola (ESCP)