14th WORKSHOP
Registration Deadline: November 14, 2025
To attend the workshop, please send email to mail@efi-network.com before midnight on the day of the registration deadline.
The 14th Workshop will take place on Friday November 28, 2025. The workshop is hosted at the National Bank of Belgium in Brussels. It starts at 8:30 and concludes at 17:30, but we invite everyone to stick around for drinks, food and fun after the workshop. There are no registration costs, but we cannot cover travel or accommodation costs for participants.
PROGRAM
8h30 Registration / Security / Welcome (and coffee)
9h00 Passive investors and loan spreads
Konrad Adler (St. Gallen), with S. Doerr and S. Zhu
Discussant: Daniel Metzger (Erasmus Rotterdam)
coffee break
10h40 The deposit franchise and the risk-taking channel of monetary policy
Ziang Li (Imperial), with R. Duque Gabriel and A. Uppal
Discussant: Felix Corell (VU Amsterdam)
coffee break
12h10 From green bonds to green loans: Business as usual or additionality?
Carola Theunisz (Erasmus Rotterdam), with F. Brückbauer, K. Kirschenmann, and S. Ongena
Discussant: Manthos Delis (Audencia)
13h10 Lunch @ the NBB
Poster 1: How do lenders manage collateral illiquidity? (Gianmarco Ruzzier, Banco de España)
Poster 2: Real effects of unconventional monetary policy (Ye Gao, Bristol)
14h30 Invited Talk: Underwater: Strategic Trading and Risk Management in Bank Securities Portfolios
Andreas Fuster (EPFL, SFI, CEPR)
coffee break
16h00 Mitigating the Risks of Deregulation: The Role of Supervisory Attention
Alberto Manconi (Bocconi), with E. Carletti, F. De Marco and I. Wolfskeil
Discussant: Natalya Martynova (Bundesbank)
17h00 Post workshop drinks & bites
2026
2027