9:00-9:15 Opening remarks
Fabrizio López Gallo Dey (Banco de México)
9:15-10:45 Keynote session
Professor Matthew Jackson (Stanford University)
11:15-13:30

Chair: Alberto Romero Aranda

Regulating financial networks under uncertainty
Carlos Ramírez (FRB)
Discussion: Calixto López Castañón (Banco de México)

Vertical differentiation and risk-taking in bank-based financial systems
Martín Tobal (Banco de México)
Discussion: Édgar Cortés Quiroz (Banco de México)

Banks adjust slowly: evidence and lessons for modeling
Jeremy Majerovitz (MIT)
Discussion: Adrián Pardo Ostos (Banco de México)

15:45-18:00

Chair: Calixto López Castañón

An effective shield? Recipient country prudential policies and monetary spillovers from systemic banking centres
Justine Pedrono (Banque de France)
Discussion: Georgia Bush (Banco de México)

GSIB surcharges and bank lending: evidence from U.S. corporate loan data
Ivan Ivanov (FRB)
Discussion: Emilio Gutiérrez (ITAM)

Capital regulation and clearing: an unexpected interaction
Jonathan Smith (Bank of England)
Discussion: Carlos Cañón Salazar (Banco de México)

9:00-10:30

Financial centrality and the value of key players
Juan Pablo Xandri (Princeton University)
Discussion: Carlos Lever Guzmán (Banco de México)

Capital regulations and the rise of shadow banking
Hyunju Lee (Ryerson University)
Discussion: Ana Mier y Terán Romero (Banco de México)

10:30-12:00

Chair: Claudia Ramírez Bulos (Banco de México)

Commodity cycles and financial instability in emerging economies
Udara Peiris (International College of Economics and Finance, National Research University - Higher School of Economics, Moscow, Russia)
Discussion: Haozhou Tang (Banco de México)

Risk to control risk
Fernando Mendo (Banco de Chile)

12:15-13:45

Chair: Ana Mier y Terán Romero (Banco de México)

Identifying financial crises using machine learning on textual data
Mary Chen (FRB)
Discussion: Manuel Sánchez Valadez (Banco de México)

A sentiment-based risk indicator for the Mexican banking sector
Caterina Rho (Banco de México)
Discussion: Jorge De la Vega Góngora (Banco de México)

15:45-17:15

Chair: Martín Tobal (Banco de México)

Macroprudential policy and the mortgage market: evidence from the UK
Jagdish Tripathy (Bank of England)
Discussion: David Jaume (Banco de México)

The riskiness of credit allocation and financial stability
Claudio Raddatz (IMF)
Discussion: Lorenzo Menna (Banco de México)