Participation in this event is by invitation only.

The Hoover Institution at Stanford University will host the Inaugural Conference of the Working Group on Financial Regulation on February 15–16, 2024.

Thursday, February 15th
Time Content Presenters Discussant/Chair

8:30 AM

Breakfast

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9:00 AM

Welcome

Ross Levine, Hoover Institution & Stanford University

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9:05 AM

Introduction

John B. Kleinheinz, Chairman, Hoover Institution Board of Overseers

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9:15 AM

Keynote Address 

Doug Diamond, Hoover Institution Distinguished Visiting Fellow, and Merton H. Miller Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business 
(slides)

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10:30 AM

Break

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11:00 AM

Competition, Stability, and Efficiency in the Banking Industry” by Dean Corbae and Ross Levine

Presenter: Dean Corbae, University of Wisconsin - Madison 
(slides)
(research brief)

Discussant:  Beverly Hirtle, New York Federal Reserv
(slides)

Discussant:  Juliane Begenau, Stanford University
(slides)

Chair: Peter DeMarzo, Stanford University

12:15 PM

Lunch

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1:15 PM

Empirical Foundations of the Iron Law of Financial Regulation” by Roberta Romano

Presenter: Roberta Romano, Yale University 
(slides)

Discussant: Francesco Trebbi, UC Berkeley
(slides)

Discussant: Vikrant Vig, Stanford University

Chair: Chenzi Xu, Stanford University

2:30 PM

Break

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3:00 PM

Survival of the Biggest: Large Banks and Financial Crises” by Matthew Baron, Moritz Schularick, & Kaspar Zimmermann

Presenter: Matthew Baron, Cornell University
(slides)
(research brief)

Discussant: Luigi Zingales, University of Chicago
(slides)

Discussant: Naomi Lamoreaux, Yale University
(slides)

Chair: Stephan Luck, Federal Reserve Bank of New York

4:15 PM

Conclusion

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6:00 PM

Dinner

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Friday, February 16th
Time Content Presenters/Panelists Discussant/Chair

8:30 AM

Breakfast

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9:00 AM

The Digital Banking Revolution: Effects on Competition and Stability” by Naz Koont

Presenter: Naz Koont, Columbia University
(slides)
(research brief)

Discussant: Allen Berger, University of South Carolina 
(slides)

Discussant: Philip Strahan, Boston College
(slides)

Chair: Carlos Avenancio-Leon, UC San Diego

10:15 AM    

Break

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10:45 AM

The Secular Decline of Bank Balance Sheet Lending” by Amit Seru

Presenter: Amit Seru, Hoover Institution & Stanford University
(research brief)

Discussant:  Raghu Rajan, University of Chicago
(slides)

Discussant: Luc Laeven, European Central Bank
(slides)

Chair: Daniel Kessler, Hoover Institution & Stanford University

12:00 PM        

Break

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12:15 PM        

Lunch and round table

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1:30 PM        

Conclusion of conference

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Upcoming Events

Sunday, July 13, 2025 9:00 AM JST
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Co-hosted by the Center for Modern Japanese Legal and Political Document, Faculty of Law, Graduate Schools for Law and Politics, University of Tokyo… University of Tokyo
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