The
Economics of Digital Currencies: Progress and Open Questions, with Jonathan Chiu, Journal
of Economic Dynamics and Control, Vol. 142 (2022), article 104496.
Introduction to the special issue: The
Economics of Digital Currencies.
Introduction
to the Symposium, with Gabriele Camera,
Annals of Finance, Vol. 9 (2013) 1-4.
Introduction to the: Symposium
on Payments Systems.
Discussion
of: "CBDC and Financial Stability" by Ahnert, Hoffman, Leonello and Porcellacchia, 2nd Conference of the
Economics of Central Bank Digital Currencies, Sveriges
Riksbank, November 17, 2023.
Discussion
of: "The Coming Battle of Digital Currencies" by Cong and Mayer,
BEAR Research Conference, Bank of England, February 27, 2023. [video link]
Comments
on "Digital Money and Finance: What's New?" Webinar hosted by
CEPR Research Policy Network on Fintech
& Digital Currencies, SUERF, and CB&DC, October 6, 2022. [video
link]
Discussion
of: "Open Banking Under Maturity Transformation" by Goldstein, Huang and Yang, Third New York Fed Conference on
FinTech, September 23, 2022.
Discussion of:
"Technological Changes and Central Banking" by Andolfatto, Bank
of Korea International Conference (virtual), June 2-3, 2022.
Discussion
of: "Golden Fetters and Paper Fetters" by Bordo, Levin & Sinha,
CB&DC Virtual Seminar Series;
October 29, 2021.
Discussion
of: "The Financial Origins of the Rise and Fall of American
Inflation" by Drechsler, Savov & Schnabl,
CESifo Area Conference; Macro, Money, and
International Finance group (virtual), July 23, 2021.
Discussion
of: "Bank Runs, Financial Fragility, and Credit Easing" by Amador and
Bianchi, NBER Summer Institute; Macro, Money and
Financial Markets group (virtual), July 14, 2021.
Discussion
of: "A Unified Framework for CBDC Design: Remuneration, Collateral
Haircuts and Quantity Constraints" by Assenmacher, Berentsen, Brand & Lamersdorf, SNB-CIF Conference on Cryptoassets
and Financial Innovation (virtual), May 20, 2021.
Discussion
of: "Taxing Bank Leverage: The Effects on Bank Portfolio Allocation"
by Celerier, Kick & Ongena,
4th Bank of Canada FSRC Macro-Finance Conference (virtual), May 17, 2021.
Discussion
of: "Central Bank Digital Currency: Welfare and Policy Implications"
by Williamson, Philadelphia Digital Currencies Conference (virtual),
October 16, 2020.
Discussion
of: "Dynamic Runs and Optimal Termination" by Zhong & Zhou,
European Finance Association Annual Meeting, Aalto University (virtual), August
20, 2020.
Discussion
of: "Central Bank Digital Currencies: Design Principles and Balance Sheet
Implications" by Kumhof & Noone, 1st
Conference on the Economics of Central Bank Digital Currencies, Bank of Canada,
October 18, 2019.
Discussion
of: "Designing Central Bank Digital
Currencies" by Agur, Ari & Dell'Ariccia, 2nd IMF Annual Macro-Financial
Research Conference, International Monetary Fund, April 25, 2019.
Discussion
of: "A Model of the Federal Funds Market: Yesterday, Today, and
Tomorrow" by Afonso, Armenter & Lester, Review
of Economic Dynamics Conference on Fragmented Financial Markets, Federal
Reserve Bank of Philadelphia, April 26, 2018.
Discussion of:
"Mobile Collateral Versus Immobile Collateral" by Gorton & Muir,
"Day-ahead" Conference on Financial Markets and Institutions, Federal
Reserve Bank of Philadelphia, January 4, 2018.
Discussion
of: "Money Runs" by Donaldson & Piacentino, 6th
Wharton Conference on Liquidity and Financial Crises, October 13-14, 2017.
Discussion
of: "The Effects of Monetary Policy and Other Announcements" by Gu,
Han & Wright, 4th ITAM-PIER Conference on Macroeconomics,
Univ. of Pennsylvania, August 24, 2017.
Discussion
of: "Bailouts, Moral Hazard, and Banks' Home Bias for Sovereign Debt"
by Gaballo & Zetlin-Jones,
Conference on Innovations in Central Banking, Federal Reserve Bank of St.
Louis, September 23, 2016.
Discussion
of: "Payments, Credit and Asset Prices" by Piazzesi
& Schneider, Conference on Monetary Policy with Heterogeneous Agents,
Paris School of Economics, June 28, 2016.
Discussion
of: "How Should Central Banks Steer Money Market Interest Rates?" by Papadia, FRBNY/SIPA Workshop on Implementing Monetary
Policy Post-Crisis: What have we learned? What do we need to know?,
Columbia University, May 4, 2016.
Discussion
of: "Optimal Debt Restructuring and Lending Policy in a Monetary
Union" by Dogra, 1st Fordham Univ. Workshop on
Macroeconomics and International Finance, April 29, 2016.
Discussion of:
"Open Market Operations" by Rocheteau,
Wright & Xiao, 2nd ITAM-PIER Conference on Macroeconomics,
Univ. of Pennsylvania, August 22, 2015.
Discussion of:
"Liquidity Trap and Excessive Leverage" by Korinek & Simsek,
NYU Stern-CGEB Macrofinance Conference, November 7,
2014.
Discussion of:
"Trading on Sunspots" by Jovanovic & Tsyrennikov,
3rd Wharton Conference on Liquidity and Financial Crises, October
10-11, 2014.
Discussion of:
"Who Borrows from the Lender of Last Resort" by Drechsler, Drechsel,
Marquez-Ibanez & Schnabl, 2nd Wharton Conference on
Liquidity and Financial Crises, October 11-12, 2013.
Discussion of:
"Financial Risk Capacity" by Saki Bigio, ITAM Summer Camp in
Macroeconomics, August 23-24, 2012.
Discussion of: "Limiting
Global Financial Instability with Limited Purpose Banking" by Larry
Kotlikoff, Conference on Monetary Policy in a Global Setting: China and the
United States, School of Economics and Management, Tsinghua University,
Beijing, March 26-28, 2012.
Discussion of:
"Collateral Crises" by Gorton & Ordonez, Conference on
Monetary Economics to Honor the Contributions of Warren Weber, Federal Reserve
Bank of Atlanta, February 17-18, 2012.
Discussion of:
"High Interest Rates: The Golden Rule for Bank Stability in the
Diamond-Dybvig Model" by Bertolai &
Cavalcanti, 3rd Annual Conference on Money, Banking and Asset
Markets, University of Wisconsin School of Business, November 11-12, 2011.
Discussion
of: "Liquidity Hoarding" by Gale & Yorulmazer, Economics
Alumni Conference, New York University, June 3-4, 2011.
Discussion
of: "Repo Runs" by Martin, Skeie & von Thadden,
New York Area Workshop on Monetary Policy, Federal Reserve Bank of New York,
November 12, 2010.
Discussion
of: "Trade Dynamics in the Market for Federal Funds" by Afonso &
Lagos, 2nd Annual Conference on Money, Banking and Asset
Markets, University of Wisconsin School of Business, November 5-6, 2010.
Discussion
of: "Policy at the Zero Bound" by Correia, Fahri, Nicolini &
Teles, ITAM Summer Camp in Macroeconomics, August 26-27, 2010.
Discussion
of: "Diversification Disasters" by Ibragimov, Jaffee & Walden,
Financial Intermediation Research Society Conference, June 7-9, 2010.
Discussion
of: "Competition and Stability in Banking" by Vives, 13th
Annual Conference of the Central Bank of Chile, November 19-20, 2009.
Discussion
of: "The Emergence and Future of Central Counterparties" by Koeppl
& Monnet, Bank of Canada Workshop on Payments Systems, Collateral, and
Liquidity, September 11-12, 2009.
Discussion
of: "Rollover Risk and Market Freezes" by Acharya, Gale &
Yorulmazer, Bank of Korea International Conference, June 2-3, 2009.
Discussion
of: "A Model of a Systemic Bank Run" by Uhlig, Carnegie-Rochester
Conference on Public Policy, April 17-18, 2009.
Discussion
of: "Banks, Liquidity Insurance, and Interest on Reserves in a Matching
Model of Money" by Bencivenga & Camera, Conference on Liquidity in
Frictional Markets, Federal Reserve Bank of Cleveland, November 14-15, 2008.
Discussion
of: "Elastic Money, Inflation, and
Interest Rate Policy" by Head & Qui, Conference on Money, Credit
and Policy, Washington University in St. Louis, May 23-24, 2008.
Discussion
of: "Inflation and Unemployment in General Equilibrium" by Rocheteau, Rupert, and Wright, New York/Philadelphia
Workshop on Quantitative Macroeconomics, May 14, 2007.
Discussion of: "Banking in a Matching Model of Money and
Capital" by V. Bencivenga & G. Camera, Journal of Money, Credit and Banking, Supplement to Vol. 43 (2011)
477-485.
Comment on: "A model of a systemic bank run" by
Harald Uhlig, Journal of Monetary
Economics, Vol. 57, No. 1: Carnegie-Rochester Conference Series on Public
Policy (2010) 97-100.