Event

2021 FINEST Autumn Workshop

The 2021 FINEST autumn workshop will take place online over the course of two half days. The conference is organised with the Essex Finance Centre (EFiC) at the Essex Business School.

  • Thu 9 - Fri 10 Dec 21

    14:00

  • Online

    Zoom

  • Event type

    Conferences

  • Event organiser

    Essex Business School

  • Contact details

    Hayley Bennett

The Financial Intermediation Network of European Studies (FINEST) acts as a research and discussion forum for banking and financial intermediation researchers and practitioners throughout Europe. FINEST operates as an open research network facilitating research and other analytical synergies among academic staff involved in various European universities as well as policy makers and financial sector practitioners.


The FINEST is a private non-profit association (network) of researchers from various universities, central banks, financial authorities, other research institutes and practitioners who are interested in exploring all aspects of finance and banking.

FINEST activities include;

  • working papers
  • research projects
  • conferences
  • workshops
  • summer school

For those who wish to cooperate with FINEST activities, membership can be obtained on request. Please see the FINEST webpage for more details

Key information

 Registration

Please contact the event assistant Hayley Bennett to register your interest for the workshop.

Registration ends on Monday 6 December 2021

Programme of events

Download the detailed conference programme (.pdf)

2021 FINEST Autumn Workshop

Organisers and steering committee

Workshop organisers

  • Franco Fiordelisi, Essex Business School, U.K.
  • Claudia Girardone, Essex Business School, U.K.

FINEST president

  •  Franco Fiordelisi, Essex Business School, U.K.

FINEST steering committee

  • Alessandro Carretta, University of Rome Tor Vergata, Italy
  • Philip Molyneux, Bangor University, U.K.
  • Amine Tarazi, University of Limoges, France
  • John O.S. Wilson, University of St. Andrews, U.K.

Board Members

FINEST Working Papers Editorial Board

  • Barbara Casu, Bayes Business School, City University, U.K.
  • Santiago Carbó Valverde, CUNEF Business School, Spain, and Bangor Business
    School, U.K.
  • Olivier de Jonghe, National Bank of Belgium and Tilburg University, Netherlands
  • Meryem Duygun Fethi, University of Nottingham, U.K.
  • Claudia Girardone, University of Essex, U.K.
  • Roman Matousek, Queen Mary University, U.K.
  • Fotios Pasiouras, Montpellier Business School, France, and Technical University of
    Crete, Greece
  • Daniele A. Previati, Università Roma Tre, Italy
  • Andrea Sironi, Bocconi University, Italy
  • Enrico Sette, Banca d’Italia, Italy

FINEST Advisory Board

  • Viral V. Acharya, Stern School of Business, New York University, U.S.
  • Thorsten Beck, Bayes Business School, City University, U.K.
  • Allen Berger, Moore School of Business, The University of South Carolina, U.S.
  • Elena Carletti, Bocconi University, Italy
  • John A. Doukas, Old Dominion University, U.S.
  • Gianni De Nicolò, Carey Business School, Johns Hopkins University, U.S.
  • Robert DeYoung, KU School of Business, Kansas University, U.S.
  • Bill B. Francis, Lally School of Management, Rensselaer Polytechnic Institute, U.S.
  • Giorgio Gobbi, Banca d’Italia, Italy
  • Iftekhar Hasan, Gabelli School of Business, Fordham University, U.S.
  • Luc Laeven, European Central Bank, Germany
  • Loretta J. Mester, Federal Reserve Bank of Cleveland, U.S.
  • Steven Ongena, University of Zurich, Switzerland
  • George Pennacchi, College of Business, University of Illinois at Urbana-
    Champaign, U.S.
  • João A. C. Santos, Federal Reserve Bank of New York, U.S.
  • Anjan Thakor, Olin Business School, Washington University in St. Louis, U.S.
  • Gregory F. Udell, Indiana University, U.S.

Discussants

Notes on discussants 

Matteo Benetton is an Assistant Professor in the Finance Group at Berkeley Haas. Matteo
received his PhD in economics at LSE in 2018 and his research has been awarded the
EARIE Paul Geroski Prize for the most significant policy contribution and the first CEPRTFI
Household Finance Best Student Paper Award. His current work centers on the
intersection between competition in the lending market, mortgage product design, and
regulation.

Robert (Bob) DeYoung is the Koch Foundation Distinguished Professor in Business
Economics and Harold Otto Chair in Economics at the University of Kansas School of
Business. Bob joined the KU faculty in 2007. Before becoming a Jayhawk, Bob worked as
an Associate Director of Research at the Federal Deposit Insurance Corporation (2005-
2007), an Economic Advisor at the Federal Reserve Bank of Chicago (1998-2005), a Senior
Economist at the Office of the Comptroller of the Currency (1992-1998), and a Joyce
Foundation Teaching Fellow at Beloit College (1988-1992). In 2015, Bob was named a
Distinguished Scholar by the French Finance Association for his “Outstanding
Contributions to the Field of Finance and Banking.” He has served as Co-Editor of the
Journal of Money, Credit and Banking at The Ohio State University since 2009.

Jennifer Dlugosz is a principal economist at the Federal Reserve Board. Before joining
the Board, she was an Assistant Professor of Finance at the Olin Business School of
Washington University in St. Louis. Her research focuses on financial intermediation and
has been published in top academic journals such as the Journal of Financial Economics,
Journal of Financial Intermediation, and the Journal of Monetary Economics. Some of her
current research interests include financial inclusion, organizational economics, and
financial innovation. She received her Ph.D. in Business Economics from Harvard
University and dual bachelor’s degrees in Systems Engineering and Finance from the

Jerome Fisher Program in Management & Technology at the University of Pennsylvania.
Mariassunta Giannetti is Professor of Finance at the Stockholm School of Economics, she
holds a Ph.D. in Economics from the University of California, Los Angeles and completed
her B.A. and M.Sc. at Bocconi University (Italy). She is also a CEPR research fellow in the
financial economics program and a research associate of the ECGI. Professor Giannetti
has broad research interests in corporate finance and financial intermediation. She studies
both empirically and theoretically how formal institutions (such as investor protection) and
informal institutions (such as culture and social norms) affect corporate finance, investor
behavior, asset valuations, and economic and financial integration. Her publications have
appeared in leading journals in Finance, Economics and Management, including The
Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies,
American Economic Review, Journal of Financial and Quantitative Analysis, and
Management Science.

Vasso Ioannidou is a Professor of Finance at the Bayes Business School (formerly Cass) at
the University of London and a research fellow of the Center for Economic Policy Research.
Prior to joining City in 2021, Vasso was a Professor of Finance at Lancaster University and
at Tilburg University. Vasso's research is in the intersection of banking, corporate finance,
and monetary economics. She has published in leading finance journals, including the
Journal of Finance, the Journal of Financial Economics, Management Science, and the Review
of Finance. Her work is regularly presented in leading international conferences around
the world, such as the AFA, EFA, FIRS, NBER, and WFA. Vasso maintains research links
with policy institutions and central banks. She currently serves as an associate editor of
the Journal of Banking and Finance. Vasso holds a PhD in Economics from Boston College.

Anna Kovner is the Policy Leader for Financial Stability at the Federal Reserve Bank of New York. Her policy work focuses on financial stability including financial intermediation and systemic risk. Her research focuses on topics in corporate finance, including banking and venture capital. Her articles have been published in the Journal of Finance, Journal of Financial Economics, and the Journal of Financial Intermediation, among other journals. Prior to graduate school, she worked as a financial analyst. She received an AB in Economics from Princeton, an MBA from Harvard Business School where she was a Baker Scholar, and her PhD in Business Economics from Harvard University.

Marco Pagano is Professor of Finance at the University of Naples “Federico II” and
Director of Center for Studies in Economics and Finance. His research is in the areas of
banking, corporate finance, and market microstructure, and currently focuses mostly on
issues at the interface between labor and finance. He is member of the Einaudi Institute for
Economics and Finance, CEPR research fellow in the financial economics program and a
research associate of the ECGI. He widely published on economic and financial journal as
Journal of Finance, American Economic Review, Review of Financial Studies among the
others. He holds a Ph.D. from the M.I.T. He was managing Editor of the Review of Finance.

George G. Pennacchi is the Fred S. Bailey Memorial Chair of Finance at the University of
Illinois at Urbana-Champaign. He is a Research Associate at the Federal Reserve Bank of
Cleveland and a Research Fellow at the Bank of Finland. His research focuses on financial
intermediaries and the valuation of fixed-income securities and government guarantees.
Currently, he is an associate editor for the Journal of Financial Intermediation, the Journal of
Financial and Quantitative Analysis, the Journal of Financial Services Research, and
the Journal of Financial Stability. His consulting experience includes work for the Financial
Stability Board, the U.S. Office of Management and Budget, the World Bank, the IMF, and
the Federal Reserve Board of Governors. He has been a visiting professor at Bocconi
University and was a finance faculty member at the Wharton School of the University of
Pennsylvania. Mr. Pennacchi received a Sc.B. degree in applied mathematics from Brown
University in 1977 and a Ph.D. in economics from MIT in 1984.

Raluca A. Roman is Senior Financial Economist at the Federal Reserve Bank of
Philadelphia. Much of Raluca’s research focuses on bank bailouts and bail-ins and how
they fit together with other policy tools. Her research has also expanded to interactions
between banking and consumer finance since consumers play key roles in the economy.
Raluca has published articles in the Journal of Financial and Quantitative Analysis;
Management Science; Journal of Financial Intermediation; Journal of Money, Credit, and
Banking; Journal of Corporate Finance; and Journal of Banking and Finance, as well as
chapters in the Handbook of Finance and Development and Oxford Handbook of Banking.
She has received four awards for her research. Previously, Raluca worked at the Kansas
City Fed, UBS Investment Bank, and MasterCard International. Raluca has a Ph.D. in finance
from the University of South Carolina, an M.B.A. (finance) from the University of
Bridgeport, and a B.A. in economics from Alexandru Ioan Cuza University.

Presenters and chairs

Notes on presenters and chairs

Paul Beaumont is an Assistant Professor of Finance at the Desautels Faculty of
Management of McGill University. He joined McGill in August 2020 after a Ph.D. in Finance
at Université Paris Dauphine. Before his Ph.D., Paul worked as an economist for the French
government. Paul's research relates to the role of financial frictions in the formation of a
customer base, the impact of Fintechs on SMEs' access to financing, and firms' choice
between organic and inorganic growth.

Carlos Cantú joined the BIS in the spring of 2016. He obtained his MA and PhD in
economics from the University of California, Los Angeles. Before obtaining his PhD, he
worked for the Bank of Mexico in the Economic Research Department. His fields of interest
are international capital flows, financial stability and macroprudential issues.

Dominic Cucic is an economist at the research department of the Danish Central Bank.
He holds a PhD in Economics from CEMFI (Madrid) and his research interests are in
Banking, Corporate Finance and Macro-Finance.

Claudia Girardone is Professor of Banking and Finance at Essex Business School of the
University of Essex where she is Director of the Essex Finance Centre (EFiC) and the
School’s Director of Research. Her research areas are on banks' financial and social
performance, banks' corporate governance and stability, the industrial structure of
banking and access to finance. She has published over 50 articles in books and peerreviewed
international journals, including the Journal of Corporate Finance, European
Journal of Operational Research, Small Business Economics, and the Journal of Banking
and Finance.

Sotirios Kokas is an Associate Professor in Finance at the Essex Business School of the
University of Essex. His research interests span the area of financial intermediation with a
specific interest in empirical banking. He analyzes issues related to monetary policy;
political economy of central banks; bank competition and financial regulation; financial
network; and syndicated loan market. He was a visiting scholar at Banco de Portugal, Bank
of Finland (Suomen Paki), BIS, Michigan State University, and Imperial Business School.

Ming-Tsung Lin is currently a lecturer in finance in Essex Business School. Before he
joined the EBS, he was a lecturer in De Montfort University after he obtained his PhD in the
University of Manchester. His research interests are asset pricing, credit derivatives, and
corporate social responsibility and he has several publications in Journal of Banking and
Finance, Journal of Empirical Finance, and European Journal of Finance.

Angela Maddaloni is Deputy Head of the Financial Research Division in the Directorate
General Research of the European Central Bank. Her research and policy interest cover a
wide range of topics related to macro-financial linkages, the transmission of monetary
policy, credit and business cycles, and the impact of financial regulation. Her research has
been published in the Journal of Financial Economics, the Review of Financial Studies,
among others. She holds a PhD in Finance from Columbia University in New York.

Mathieu Mercadier is Associate Professor of Machine Learning & Finance at the ESC
Clermont Business School, France. He holds a Ph.D. in Economics from the University of
Limoges, France. His research interests mainly cover Machine Learning & Statistics
applied to Financial Risk Management. He has published in the European Journal of
Operational Research.

Mark Paddrik is a senior research economist within OFR’s Financial Markets division.
Mark’s research focuses on the microstructure of electronic and OTC markets,
macroprudential stress testing, and central counterparties. His research has been
published in leading journals such as the American Economic Review, Management
Science, and the Journal of Financial Stability, and has been featured in the Financial
Times, Wall Street Journal and Bloomberg.

Raghavendra Rau is the Sir Evelyn de Rothschild Professor of Finance at Cambridge
Judge Business School, U.K. He is also a past president of the European Finance
Association, and a past editor of Financial Management. He is a founder and director of the
Cambridge Centre for Alternative Finance and a member of the Cambridge Corporate
Governance Network. He is an Associate Editor of the Journal of Corporate Finance, the
Journal of Banking and Finance, Financial Review, the Quarterly Journal of Finance, among
others. His papers have been has published in The Journal of Finance, Journal of Financial
Economics, Management Science, and other journals.

Enrico Sette is deputy head of the Firms and Regional Analysis Division in the Department
of Economics and Statistics of the Bank of Italy. His research in banking and corporate finance has appeared in several academic journals, including the Review of Financial
Studies, and the Journal of Financial Economics, among others.

Jean-David Sigaux is a senior economist in the Directorate General Research of the
European Central Bank. His research combines empirical evidence and economic theory
in finance. His research interests include money markets, asset pricing, fixed income, and
market microstructure. He holds a Ph.D. in finance from HEC Paris.

Francesco Saverio Stentella Lopes is a senior researcher at the University of Rome Tre.
His research focuses on Banking and Innovation. His work leverages large datasets with
the aim of evaluating economic policies and has been published on renowned academic
journals. Before his current appointment he worked at the University of Liverpool
Management School and at Bangor Business School. He holds a PhD in Finance from
Tilburg University and from the University of Rome Tor Vergata.

Amine Tarazi is a professor of Economics and Finance at the University of Limoges
(France) where he is currently the Director of a research center, LAPE, and Head of Master
and PhD programs in Banking and Finance. He was appointed as a senior fellow of Institut
Universitaire de France in 2017 for recognition of his research achievements. He served
as a Vice-President in charge of Research and President of the Scientific Board of the
University and as head of the Economics Department and head of international affairs. He
also served as a research consultant for ACPR (French Prudential Supervisory Authority),
where he is currently a member of the Scientific Committee and has visited universities in
many countries. He is currently an editor of Islamic Economics and Finance Letters and an
associate editor of the Journal of Money Credit and Banking, the Journal of Financial Stability,
the European Journal of Finance and other Finance and Economics Journals. His work has
appeared in journals such as the Journal of Financial Economics, Review of Finance, Journal
of Financial Intermediation, Journal of Corporate Finance, Journal of Banking and Finance,
Journal of International Money and Finance, European Journal of Operational Research and
others.

Jinhua Wang is a PhD Candidate at the Judge Business School, University of Cambridge.
His current research interests are the applications of Machine Learning, such as causal
inference and Natural-Language-Processing, in financial economics.

John Wilson is professor of Finance and Director of the Centre for Responsible Banking &
Finance at the University of St Andrews, U.K. He is also a Member of Scientific Advisory
Board of Chartered Association of Business Schools Academic Journal Guide. John serves
as Associate Editor to the Journal of Money Credit and Banking, Journal of Business Finance
and Accounting, Journal of Financial Stability, British Accounting Review, European Journal of
Finance and Finance Research Letters. He also serves on the editorial board of a number of
journals including the Journal of Financial Economic Policy and the Journal of Financial
Regulation and Compliance.