Monday, June 1, 2009

Monday, June 1, 2009

7:00 p.m. ~ 9:00 p.m.	Welcome Reception I Dinner

Tuesday, June 2, 2009

Tuesday, June 2, 2009

8:45 a.m.~ 9:15 a.m.	Registration and Coffee
9:15 a.m.~ 9:25 a.m.	Opening Address Seongtae Lee	Governor, The Bank of Korea
9:25 a.m.~ 9:55 a.m.	Keynote Speech Barry Eichengreen	Professor, University of California, Berkeley

Session 1

Session 1

Chairperson	Thomas J. Sargent	Professor, New York University
9:55 a.m.~ 11:15 a.m.	Rollover Risk and Market Freezes
Speaker	Douglas Gale	Professor, New York University
Discussants	Todd Keister	Research Officer,
	John Geanakoplos	Federal Reserve Bank of New York Professor, Yale University
11:15 a.m. ~ 11:40 a.m.	Coffee Break

Session 2

Session 2

Chairperson	In June Kim	President, Korean Economic Association
11:40 a.m. ~ 1:00 p.m.	CoVaR: Measuring Risk When Financial Spillovers and Externalities are Present
Speaker	Markus K. Brunnermeier	Professor, Princeton University
Discussants	Ilhyock Shim	Senior Economist, Bank for International Settlements
	Gadi Barlevy	Economic Advisor, Federal Reserve Bank of Chicago
1:00 p.m. ~ 2:30 p.m.	Luncheon

Session 3

Session 3

Chairperson	Joshua Aizenman	Professor, University of California, Santa Cruz
2:30 p.m. ~ 3:50 p.m.	Systemic Risk in the Financial Sector: An Analysis of the Subprime-Mortgage Financial Crisis
Speaker	Martin F. Hellwig	Professor, University of Bonn
Discussants	Suk Heun Yoon	Professor, Hallym University
	James J. McAndrews	Senior Vice President, Federal Reserve Bank of New York
3:50 p.m. ~ 4:10 p.m.	Coffee Break

Session 4

Session 4

Chairperson	Yung Chul Park	Professor, Korea University
4:10 p.m. ~ 5:30 p.m.	The Leverage Cycle
Speaker	John Geanakoplos	Professor, Yale University
Discussants	In Ho Lee	Professor, Seoul National University
	Ashoka Mody	Assistant Director, International Monetary Fund
6:30 p.m. ~ 8:30 p.m.	Dinner

Wednesday, June 3, 2009

Session 5

Session 5

Chairperson	James J. McAndrews	Senior Vice President, Federal Reserve Bank of New York
8:40 a.m.~ 10:00 a.m.	Risk Appetite and Exchange Rates
Speaker	Tobias Adrian	Assistant Vice President, Federal Reserve Bank of New York
Discussants	John C. Williams	Executive Vice President, Federal Reserve Bank of San Francisco
	Lars Ljungqvist	Professor, Stockholm School of Economics
10:00 a.m. ~ 10:20 a.m.	Coffee Break

Session 6

Session 6

Chairperson	Dosoung Choi	Monetary Policy Committee Member, Bank of Korea
10:20 a.m. ~ 11:40 a.m.	The Procyclicality of Bank Lending and Funding Structure: The Case of Korea
Speaker	Hyung-Kwon Jeong	Economist, Bank of Korea
Discussants	Joon-Ho Hahm	Professor, Yonsei University
	Barry Eichengreen	Professor, University of California, Berkeley
11:40 a.m. ~ 12:00 a.m.	Coffee Break

Roundtable Discussion

Roundtable Discussion

Chairperson	Thomas J. Sargent	Professor, New York University
12:00 a.m. ~ 1:30 p.m.
Discussants	In June Kim	President, Korean Economic Association
	Joshua Aizenman	Professor, University of California, Santa Cruz
	Marco Bassetto	Senior Economist, Federal Reserve Bank of Chicago
	Hans Genberg	Executive Director, Hong Kong Monetary Authority
	Yung Chul Park	Professor, Korea University
1:30 p.m. ~ 2:30 p.m.	Luncheon