Thursday, August 18, 2011, 10:30-12:15 pm
Central Banking and Regulation - C4

Session Chair: Angela Maddaloni, European Central Bank

• Risk Uncertainty and Monetary Policy PDF
  Geert Bekaert¹, Marie Hoerova², Marco Lo Duca²
  Columbia University¹; European Central Bank²
  • Discussant: Philippe Mueller, London School of Economics

• The Impact of the Federal Reserve's Interest Rate Target Announcement on Stock Prices: A Closer Look at How the Market Impounds New Information PDF
  Justin Birru, Stephen Figlewski
  New York University
  • Discussant: Bernd Schwaab, European Central Bank

• Capital-Market Effects of Securities Regulation: The Role of Implementation and Enforcement PDF
  Hans Bonde Christensen, Luzi Hail, Christian Leuz
  University of Chicago
  • Discussant: Min Kim, University of New South Wales