INVITATION
The WU Institute for Finance, Banking and Insurance and Spängler IQAM Invest are pleased
to invite you to a
SPÄNGLER IQAM INVEST ROUND TABLE
(apologies for duplicated mails!)
DATE:
Tue, July 2, 2013 - 4:30 pm
SPEAKER:
Prof. Dr. Douglas W. Diamond / Booth School of Business, University of Chicago
TOPIC:
"SHORT-TERM DEBT AND FINANCIAL REGULATION"
ABSTRACT:
Private financial crises are everywhere and always due to problems of short-term debt.
Financial regulation can address many aspects of the financial sector, but it should focus
on avoiding the excessive use of short-term debt without invoking excessive capital
requirements. This is the way to have an impact on the risk of financial crises without
destroying access to funding. Regulations based on this framework are proposed and
evaluated.
ABOUT DOUGLAS W. DIAMOND:
Douglas W. Diamond specializes in the study of financial intermediaries, financial crises,
and liquidity. His work has appeared in such notable journals as the Journal of Financial
Economics, the Journal of Finance, the Review of Economic Studies, the American Economic
Review, and the Journal of Political Economy. His research has been funded with grants
from the National Science Foundation and the Garn Institute of Finance.
He has taught at Yale and was a visiting professor at the Hong Kong University of Science
and Technology as well as the University of Bonn. He is a research associate of the
National Bureau of Economic Research and worked for the Board of Governors of the Federal
Reserve System while a graduate student.
In addition to his roles as a researcher and professor, Diamond is co-director of the
Fama-Miller Center for Research in Finance at Chicago Booth, a visiting scholar at the
Federal Reserve Bank of Richmond, a position he has held since 1990, and is on the Board
of Directors of the Center for Research in Security Prices. Diamond is a former president
of the American Finance Association and the Western Finance Association. He is also a
fellow of the Econometric Society, the American Academy of Arts and Sciences, and the
American Finance Association. He joined Chicago Booth in 1979.
Diamond earned a bachelor's degree in economics from Brown University in 1975. He
earned master's degrees in 1976 and 1977 and a PhD in 1980 in economics from Yale
University.
Further information about Douglas W. Diamond:
http://www.chicagobooth.edu/faculty/directory/d/douglas-w-diamond
REGISTRATION IS REQUIRED:
We kindly ask to register at VSAM(a)wu.ac.at
LOCATION:
Seminar room 1 (Ground Floor), WU Institute for Finance, Banking and Insurance,
Heiligenstädter Str. 46-48, 1190 Vienna, Austria
Contact and further information:
WU, Institute for Finance, Banking and Insurance att. Martina Schlichting Heiligenstädter
Str. 46-48, 1190 Vienna
Phone: +43 1 31336 6315
Mail: vsam(a)wu.ac.at
Web:
http://www.wu.ac.at/finance/coop/vsam