CALL FOR PAPERS
DISCLOSURE AND MARKET DISCIPLINE:
WHAT ROLE FOR TRANSPARENCY?
SUERF AND UNIVERSITAT POMPEU FABRA
Friday, 10th December 2010
The current crisis has shown the limits of market discipline and the problems associated with credit rating agencies. The G-20 meetings have emphasized the importance of disclosure and transparency in this regard. Supporters of this general conclusion ask how the right degree of disclosure and transparency can be determined for different types of intermediaries and markets. Opponents of it point to controversies about the implications for liquidity and risk. Research on this area seems critical in order to define a framework of analysis and a realistic disclosure and market discipline policy.
TOPICS:
SUERF and the Universitat Pompeu Fabra are jointly organising a one day conference entitled "Disclosure and Market Discipline - What Role for Transparency?" to be held at Universitat Pompeu Fabra, Barcelona, on Friday 10th December, 2010. The conference aims to contribute to the ongoing discussion of these important issues and we invite the submission of papers. A non-exhaustive list of topics to be addressed would include:
- Concrete ways to achieve the optimal degree of transparency for different intermediaries and markets
- Mark to market accounting
- Opacity of banks' assets
- The role of credit rating agencies
- Corporate governance, risk taking and disclosure
- Implications for market liquidity
PAPER SUBMISSION PROCEDURE:
Papers should be based on solid theoretical and empirical foundations and preferably contain policy proposals. A Scientific Committee will referee all submitted papers. Authors wishing to present a paper should submit an MS Word or .pdf version electronically of their paper by Monday 17th May 2010, to:
CONTACT: Michael Bailey
Email: michael.bailey@oenb.at
in the SUERF Secretariat in Vienna.
FUNDING:
SUERF will make limited funds available to meet travel and accommodation costs for presenters from academic non-profit institutions. There will be no charge for participating but other participants should expect to pay their own travel and accommodation costs, and advanced registration will be required.
FURTHER INFORMATION:
Further information is available from the SUERF website at: http://www.suerf.org
