“Payments and Networks”

8:15 a.m.
Shuttle picks up participants at The Upham, transports to UCSB University Center/State Street Room

8:45 a.m.
Arrival at State Street Room, University Center

SESSION ONE – Payments and Networks I

• 9:00-10:00:                   “Which Bank is the “Central” Bank? An Application of Markov Theory to the Canadian Large Value Transfer System”
                                        Morten Bech, James Chapman and Rod Garratt

• 10:00-10:15:  Coffee Break

• 10:15-11:15:                 “The Topology of the Federal Funds Market”
                                        Morten Bech and Enghin Atalay

• 11:15-11:30:  Coffee Break

• 11:30-12:30:                “Mapping Change over Time in Large Networks” and “Mapping Change in Large Networks”
                                       Carl Bergstrom and Martin Rosvall

• 12:30-2:30:  Lunch – Faculty Club (walk)

SESSION TWO – Payments and Networks II

• 2:30-3:30:                     “Identifying Community Structures from Network Data via Maximum Likelihood Methods”
                                        Jernej Copic, Matthew Jackson and Alan Kirman

• 3:30- 3:45:  Coffee Break

• 3:45-4:45:                     “Estimating the Structure of the Payment Network in the LVTS: An Application of Estimating                                       Communities in Network Data”
                                        James Chapman and Nellie Y.N. Zhang

• 4:45-5:00:  Coffee Break

• 5:00-6:00:                     “Data Breaches and Identify Theft”
                                        Will Roberds and Stacey Schreft

6:15 p.m.  – Shuttle picks up participants, transports to The Upham
7:40 p.m.  – Meet in Upham lobby to board shuttle for Blue Agavé Restaurant; shuttle will return participants to Upham after
                    dinner             

SESSION THREE - Liquidity

8:15 a.m.
Shuttle picks up participants at The Upham, transports to UCSB University Center/State Street Room

8:45 a.m.
Arrival at State Street Room, University Center

• 9:00-10:00:                    “A Monetary Approach to Asset Liquidity”
                                        Guillaume Rocheteau

• 10:00-10:15: Coffee Break

• 10:15-11:15:                  “Liquidity, Payment and Endogenous Financial Fragility”
                                        Charles Kahn and João A. C. Santos

• 11:15-11:30:  Coffee Break

• 11:30-12:30:                 “Precautionary Demand for Money in a Monetary Search Business Cycle Model”
                                        Irina A. Telyukova and Ludo Visschers

• 12:30-2:30::  Lunch – Catered barbecue on patio overlooking lagoon

SESSION FOUR - Pricing                               

• 2:30-3:30:                     “The Welfare Effects of a Liquidity-Saving Mechanism”
                                       Enghin Atalay, Antoine Martin and James McAndrews

• 3:30-3:45:  Coffee Break 

• 3:45-4:45:                     “Pricing of Central Bank Payment Services”
                                       Edward Green

 

5:00 p.m. – Shuttle picks up participants, transports to The Upham
7:45 p.m. – Meet in Upham lobby to walk to Canary Restaurant