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Centre for Economic Policy Research (CEPR)

Dates:
September 25-26, 2009
Description:
13th CEPR/European Summer Institute Annual Conference
Location:
Venice, Venice International University, Italy
Subject:
The topic of the 13th CEPR/ESI Annual Conference will be ???Financial Supervision in an Uncertain World??. The recent turmoil on global financial markets and the following recession have raised concerns that the current financial supervisory system does not suffice anymore. This can mainly be inferred from banks that are facing major problems in terms of liquidity shortages and many bad loans. Additionally, the large bancassurance groups and multinational insurers (i.e. AIG) are facing major write-offs. Many have considered the opaqueness of the financial markets and the excessive risk-taking by banks and other market participants, along with disproportionate executive compensation packages, as the main causes of the crisis. Supervisory arrangements have not been able to keep up with the fast pace of financial innovation and the associated risk-taking and information asymmetries. [gem?_?? den Informationen des Anbieters - according to site editor's information]
Notes:
JEL Code:
G
Sponsor:
URL:
http://dev3.cepr.org/meets/wkcn/1/1724/

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