LONG RUN RISKS
GRETA Associati (Venice, Italy), CRIF (Bologna, Italy), European Datawarehouse (Frankfurt, Germany), European Investment Bank (Luxembourg), European Investment Fund (Luxembourg) and Intesa Sanpaolo (Milan, Italy) are co-sponsors of a Conference to be held in Venice on September 22-23, 2022.
The Conference will bring together academics, practitioners and PhD students working in various areas of financial and credit risk with the aim to create a unique opportunity for participants to discuss research progress and policy and industry-relevant insights as well as directions for future research.
The Conference, organised under the auspices of the Department of Economics and VERA - Venice centre in Economic and Risk Analytics for public policies (Ca’ Foscari University of Venice), ABI - Italian Banking Association, AIAF - Associazione Italiana per l'Analisi Finanziaria and AIFIRM - Associazione Italiana Financial Industry Risk Managers, is the twenty-first of a series dedicated to various aspects of credit risk.
The theme of this year’s conference brings the attention on long run risks, whose notion is multifaceted, but whose impact is becoming more and more evident and is receiving attention both at political and regulatory level.
The final program will include both submitted and invited papers. Acceptances received so far from invited speakers include Robert Engle (Stern Business School, New York University), Marcin Kacperczyk (Imperial College London) and Lucrezia Reichlin (London Business School). The Conference will also feature panel discussions on researchers', practitioners' and policy makers’ views of the major issues at stake.
CALL FOR PAPERS
The organizers encourage submissions on any topic within the overall theme of the conference and in the following areas in particular:
- LONG RUN RISKS: Modelling; Backtesting and Validation; ESG Risks for significantly wider time horizons with respect to the most traditional financial risks (Market, Credit, etc.)
- LONG RUN INVESTMENTS AND PORTFOLIOS: Illiquidity premium in the short vs the long run; Investment risk in real assets: Focus on Real Estate risk; Investment policies for Insurance and Pension Funds; Private vs Public Markets in long run portfolios, the role of Private Equity and the contribution to Venture Capital; Fintech for Sustainability
- LONG RUN BUSINESS STRATEGIES: Sustainability Plans; Restructuring of Production Processes; Mitigation of Climate Physical and Transition Risks
- LONG RUN CLIMATE POLICIES: New regulatory actions to reduce emissions of air pollutants and greenhouse gases; New financial regulations to promote the Low-Carbon Transition at public and private level
- SOCIO-ECONOMIC STABILITY IN THE LONG RUN: Inflation dynamics; Impact of transition costs from an economic and social point of view; New measures to manage migrations due to Climate Change
- LONG RUN MARKET INFORMATION AND DISCLOSURE: International Financial Reporting Standards; International Accounting Standards; Long Run Financial Regulation (Banks, Insurers, Funds)
Those wishing to present a paper at the Conference should submit by May 31, 2022 to the address given below (preferably in electronic format).
Please indicate to whom correspondence should be addressed. Decisions regarding acceptance will be made by June 30, 2022.
The final version of accepted papers must be received by August 31, 20202.
22 –23 September 2022
Phone: +39 041 52 38 178
For registration, travel & lodging
NEXA sas - Conference Secretariat
Phone: +39 041 5210255
Fax: +39 041 5285041
- May 31, 2022 Papers submission deadline
- June 30, 2022 Paper acceptance notification
- August 31, 2022 Deadline for sending final version of accepted papers
San Marco 2842 - 30124 Venezia
Tel.: +39 041 2407755
The conference will be held at Palazzo Franchetti, an imposing Venetian neo-Gothic building in the heart of Venice overlooking the Grand Canal. Along the centuries, the Palace was the residence of celebrated Venetian families who undertook major modernization work that gave the building the modern features that are one of its peculiarities.
In 1878 Baron Raimondo Franchetti bought the building, which was to remain property of the family until September 1922 when it was sold to Istituto Federale di Credito per il Risorgimento delle Venezie by the Baron's widow, Sarah Luisa de Rothschild. The period is associated with the name of architect Camillo Boito, who altered the building significantly, designing the monumental staircase. Characterized by large 5-light mullioned window with interlacing arches and tracery, the palace has been one of the venues of the prestigious Istituto Veneto di Scienze, Lettere e Arti since 1999.
Located at the foot of the Accademia Bridge in Campo S. Stefano, the venue can easily be reached from Piazzale Roma or from the Railway Station by public transport (lines 1 or 2 - about 20/30 min) or by private water taxi (about 10 minutes). Palazzo Franchetti is also within walking distance from the main access points to the city (about 30 minutes).
- Stefano Giglio, Yale School of Management, Programme Chair
- Monica Billio, Ca’ Foscari University of Venice & GRETA
- Francesca Campolongo, Joint Research Center, European Commission
- Helmut Kraemer-Eis, European Investment Fund
- Jan Pieter Krahnen, Leibniz Institute for Financial Research SAFE & Goethe University, Frankfurt
- Elisa Luciano, University of Torino & Collegio Carlo Alberto
- Irene Monasterolo, EDHEC and EDHEC-Risk Climate Impact Institute (ERCII)
- Steven Ongena, University of Zurich, Swiss Finance Institute, KU Leuven & CEPR
- Stephen Schaefer, London Business School
- Claudio Tebaldi, Bocconi University