Economics serving society

(December 3) Monetary and Financial History Workshop

PSE will co-organize and host a Workshop in Monetary and Financial History on December 3rd, 2019. The workshop will be opened by a keynote speech by Gary Gorton (Yale), who will present his recent paper "1930: First Modern Crisis".

Organizers: Éric Monnet (EHESS and PSE), Angelo Riva (EBS Paris and PSE), Stefano Ungaro (PSE), Guillaume Vuillemey (HEC Paris).

Monetary and Financial History Workshop

Tuesday, December 3rd, 2019
PSE - Paris School of Economics
48 boulevard Jourdan, 75014 Paris
Room R2-21


9.00 Welcome

9.10 Keynote: Gary Gorton (Yale) – 1930: First Modern Crisis

10.10 Chenzi Xu (Dartmouth) - Monetizing the Economy: National Banks and Local Liquidity Creation (with He Yang)
Discussant: Julia Schmidt (Bank of France)

11.00 Coffee break

11.20 Stefano Ungaro (PSE) - Flight-to-safety and the Real Effect of Banking Crises. Evidence from the French Great Depression (with Eric Monnet and Angelo Riva)
Discussant: Samuel Da-Rocha Lopes (EBA - European Banking Authority and Nova SBE)

12.10 Sebastian Doerr (BIS) - From Finance to Fascism: The Real Effect of Germany’s 1931 Banking Crisis (with Stefan Gissler, José Luis Peydrò, and Hans-Joachim Voth)
Discussant: Evgenia Passari (Dauphine)

13.00 Lunch

14.00 Fabio Braggion (Tilburg) - Does Credit Affect Stock Trading? Evidence from the South Sea Bubble (with Rik Frehen and Emiel Jerphanion)
Discussant: Nuno Coimbra (PSE)

14.50 Sybille Lehmann-Hasemeyer (Hohenheim) - The German bank-growth nexus revisited-Savings Banks and the Industrial Revolution in Prussia (with Fabian Wahl)
Discussant: Pierre-Cyrille Hautcoeur (EHESS and PSE)

15.40 Coffee break

16.00 Rui Esteves (Graduate Institute Geneva) - The Value of a Quote. Stock Market Listings for Sovereign Bonds, 1870-1913 (with Marc Flandreau)
Discussant: Matthieu Chavaz (Bank of England)

16.50 Josefin Meyer (IFW Kiel) – Sovereign Bonds since Waterloo (with Carmen M. Reinhart and Christoph Trebesch)
Discussant: Christophe Spaenjers (HEC)

17.40 Concluding remarks


PNG - 31.5 kb

This workshop is funded by European Business School Paris and the French Agence Nationale de la Recherche: Projects SYSRI-30 (ANR-15-CE26-0008) and F*STAR (ANR-17-CE26-0007).