Session 1. Macroprudential policy design
Chair
Pascual O’Dogherty (Financial Stability General Director, Banco de México)

Taming the leverage cycle (Presentation)
Christoph Aymanns (University of Oxford), Fabio Caccioli (University College London), J. Doyne Farmer (University of Oxford), Vincent W.C. Tan (University of Oxford)
Discussion: Taming the leverage cycle
Discussant
Gabriel Bruneau (Bank of Canada)
 
Beyond the credit gap: quantity and price of risk indicators for macroprudential policy
Oliver Bush (Bank of England), Rodrigo Guimaraes (Bank of England), Hanno Stremmel (Otto Beisheim School of Management)
Discussant
Bill B. Francis (Rensselaer Polytechnic Institute)

Session 2. Financial interconnectedness and systemic risk
Chair
Raúl Morales Reséndiz (CEMLA)
 
The missing links: A global study on uncovering financial network structure from partial data
Kartik Anand (Deutsche Bundesbank), Iman van Lelyveld (De Netherlandsche Bank), Ádám Banai (Magyar Nemzeti Bank), Sören Friedrich (Deutsche Bundesbank), Rodney Garratt (UC Santa Barbara), Grzegorz Halaj (European Central Bank), Bradley Howell (Bank of Canada), Ib Hansen (Danmarks Nationalbank), Serafín Martínez Jaramillo (Banco de México), Hwayun Lee (Bank of Korea), José Luis Molina-Borboa (Banco de México), Stefano Nobili (Banca d’Italia), Sriram Rajan (Office of Financial Research), Dilyara Salakhova (Banque de France), Thiago Christiano Silva (Banco Central do Brasil), Laura Silvestri (Bank of England), Sergio Rubens Stancato de Souza (Banco Central do Brasil)
Discussant
Stefano Battiston (University of Zurich)
 
Interconnectedness as a source of uncertainty in systemic risk
Tarik Roukny (Universite Libre de Bruxelles), Stefano Battiston (University of Zurich), Joseph Stiglitz (Columbia University)
Discussants
Valerio Volpati (International School for Advanced Studies)

Session 3. Contagion risk in financial networks
Chair
Serafín Martínez Jaramillo (Banco de México)

Passing the hot potato: how does credit risk flow in the CDS market?
Stefano Battiston (University of Zurich), Marco d'Errico (University of Zurich), Tuomas A. Peltonen (European Systemic Risk Board), Martin Scheicher (European Central Bank)
Discussant
Youngna Choi (Montclair State University)

Network linkages to predict bank distress (Presentation)
Peter Sarlin (Hanken School of Economics and RiskLab Finland), Tuomas A. Peltonen (European Systemic Risk Board), Andreea Piloiu (University of Lausanne)
Discussion: Network linkages to predict bank distress
Discussant
Christoph Siebenbrunner (Oesterreichische Nationalbank)

Session 4. Structural properties of financial networks
Chair
Camelia Minoiu (International Monetary Fund)

Default events and evolution of CDS market structure
Grzegorz Halaj (European Central Bank), Tuomas A. Peltonen (European Systemic Risk Board), Martin Scheicher (European Central Bank)
Discussant
Yuji Sakurai (UCLA)

Measures of financial network complexity a topological approach
Mark D. Flood (Office of Financial Research), Jonathan Simon (University of Iowa), Mathew Timm (Bradley University)
Discussion: Measures of financial network complexity a topological approach
Discussant
Serafín Martínez Jaramillo (Banco de México)
 
Identifying central bank liquidity super-spreaders in interbank funds networks
Carlos León  (Banco de la República de Colombia), Clara Machado (Banco de la República de Colombia), Miguel Sarmiento (Banco de la República de Colombia)
Discussion: Identifying central bank liquidity super-spreaders in interbank funds networks
Discussant
Simone Giansante (University of Bath)

Keynote session
Professor Stefano Battiston (SNF Professor, University of Zurich)

Session 5. Macroprudential policy evaluation
Chair
Fabrizio López Gallo Dey (Financial System Risk Analysis Director, Banco de México)

How does macroprudential regulation change bank credit supply? (Presentation)
Anil K. Kashyap (University of Chicago), Dimitrios P. Tsomocos (University of Oxford), Alexandros P. Vardoulakis (Board of Governors of the Federal Reserve System)
Discussant
Iftekhar Hasan (Fordham University & Editor of the Journal of Financial Stability)

Evaluating the net benefits of macroprudential policy: A cookbook
Nicolas Arregui (International Monetary Fund), Jaromír Beneš (International Monetary Fund), Ivo Krznar (International Monetary Fund), Srobona Mitra (International Monetary Fund), André O. Santos (International Monetary Fund)
Discussant
Francisco Vazquez-Grande (Federal Reserve Board)

Session 6. Stress Testing
Chair
Calixto López Castañon (Banco de México)

A system-wide stress testing of the credit default swap market
Jill Cetina (Office of Financial Research), Mark Paddrik (Office of Financial Research), Sriram Rajan (Office of Financial Research)
Discussant
Fabio Caccioli (University College London)

Quantifying contagion risk in funding markets: A model-based stress-testing approach
Kartik Anand (Deutsche Bundesbank), Céline Gauthier (Université du Québec), Moez Souissi (International Monetary Fund)
Discussion: Quantifying contagion risk in funding markets: A model-based stress-testing approach
Discussant
Jessie Jiaxu Wang (Arizona State University)

Session 7. Systemic risk and SIFIs
Chair
Stefano Battiston (University of Zurich)

The intrafirm complexity of systemically important financial institutions
R.L. Lumsdaine (American University), D.A.N. Rockmore (Dartmouth College), N. Foti (University of Washington), G. Leibon (Dartmouth College), J.D. Farmer (University of Oxford)
Discussant
Thomas Breuer (FH Vorarlberg)

Systemic risk-taking in response to monetary and liquidity policy (Presentation)
Joao Barata Ribeiro Blanco Barroso (Banco Central do Brasil), Solange Guerra (Banco Central do Brasil), Sergio Rubens Stancato de Souza (Banco Central do Brasil)
Discussant
Giulia Provenzano (University Jaume I)

Session 8. Financial stability
Chair
Iftekhar Hasan (Fordham University & Journal of Financial Stability)

Is trouble brewing for EMEs?
Manuel Ramos Francia (Banco de México), Santiago Garcia Verdú (Banco de México)
Discussant
Camelia Minoiu (International Monetary Fund)

Strategic complementarity in banks' funding liquidity choices and financial stability
André Silva (City University London)
Discussion: Strategic complementarity in banks' funding liquidity choices and financial stability
Discussant
Thomas Eisenbach (Federal Reserve Bank of New York)

The macroeconomic relevance of credit flows: An exploration of U.S. data
Alexander Herman (International Monetary Fund), Deniz Igan (International Monetary Fund), Juan Solé (International Monetary Fund)
Discussant
Mariano Beguerisse Díaz (Imperial College London)