Please circulate the following call for papers.

[IWFSAS 2017]

Call for papers

HEC Montreal, Quebec
24-25 August 2017

[Visit website]<>

"Financial Systems: Diversity, Stability
and Sustainable Development."

Important dates

Deadline for Submission: May 15, 2017
Notification of Acceptance: June 15, 2017
Early Registration Deadline: June 30, 2017
Conference dates: August 24-25, 2017


Keynote Speaker

Professor Anjan V. Thakor<>, John E. Simon Professor of Finance, Olin Business School, Washington University in St Louis.

Aim and Topics

Financial system diversity may reflect diversity in markets (e.g. equity, bond, derivatives, money markets and others), or institutions (e.g. banks, insurance companies, non-bank financial institutions), or institutional forms (e.g. shareholders versus stakeholders value institutions). Such diversity may imply diversity in business models, different incentives, or different stages of development and the emergence of new forms of finance. Diversity can enhance the resilience of financial systems during shocks and periods of high uncertainty. However, diversity can also potentially lead to systemic instability. Diversity certainly leads to regulatory challenges and potential regulatory arbitrage. Further, the increasing interconnectedness within modern financial systems could result in the failure of one small part of a diverse financial system to disrupt the functioning of other more important parts of the system. There is no clear-cut evidence about the merits and risks of fostering diversity in financial systems. The topic of diversity seems also missing in the current debate on financial reforms to improve financial sector performance and resilience to possible shocks at the national, regional and global levels.

IWFSAS 2017 aims at providing an opportunity for established and emerging researchers and policy makers to discuss the merits and risks of diversity in the financial system architecture, particularly in terms of the links between diversity and systemic risk, impact on financial stability and un-stability, the role of diversity in financing the economy and stimulating growth, and the inter-linkages with monetary policy, financial regulation and supervision.

We welcome theoretical and empirical contributions on this topic and other related topics of interest in finance and economics. Topics of interest include, but are not limited to, the following:

  *   Financial system diversity, competition and macro-financial stability;

  *   Theories and measures of diversity in the financial systems;

  *   Systemic risk and contagion in diverse financial systems;

  *   Ownership structures and business models in financial institutions;

  *   Regulation, supervision and resolution for various institutional forms and markets;

  *   Monetary policy transmission and financial structure;

  *   New emerging forms of finance and financial stability;

  *   Financial inclusion, inequality and stability in emerging markets

  *   Fintech, access to financial services, and financial stability;

  *   Informal finance, venture capital, and non-bank financial institutions;

  *   Mutual funds, pension funds, insurance companies and financial stability;

  *   Sustainable finance, impact investing and socially responsible investment funds.

Journal Publications Opportunities

The conference organizers, in collaboration with the Editor of the Journal of Financial Stability (JFS) will invite authors of selected papers presented at the 2017 IWFSAS to submit their manuscripts to JFS by September 30, 2017. These selected papers will undergo a fast-track review process.


[Sumbit a paper]

We look forward to seeing
you in August!

Program Co-chairs

Rym Ayadi
<>International Research Centre on
Cooperative Finance (IRCCF) of
HEC Montreal

Basma Majerbi
Gustavson School of Business
& CSSI, University of Victoria

Paul Schure
Department of Economics University
of Victoria


Scientific Committee

Toni Ahnert, Financial Stability Department, Bank of Canada

Christina Atanasova, Beedie School of Business, Simon Fraser University

James Barth, Auburn University & Milken Institute

Sami Ben Naceur, International Monetary Fund

Jose Berrospide, Board of Governors of the Federal Reserve System

Arnoud Boot, University of Amsterdam

Narjess Boubakri, American University of Sharjah

Barbara Casu, Cass Business School, City University London

Susan Christoffersen, Rotman School of Management, University of Toronto

Martin Cihak, International Monetary Fund

Meryem Duygun, Nottingham University

Vihang Errunza, Desautels Faculty of Management, McGill University

Giovanni Ferri, LUMSA University, Rome

Franco Fiordelisi, University of Rome III

Ron Giammarino, Sauder School of Business, University of British Columbia

Claudia Girardone, Essex Business School, University of Essex

Iftekhar Hasan, Fordham University Panu Kalmi, University of Vaasa

Michael King, Ivey Business School, Western University

Donato Masciandaro, Bocconi University

Nadia Massoud, Melbourne Business School, the University of Melbourne

Donal McKillop, Queen's University, Belfast

Vikas Mehrotra, University of Alberta

Camelia Minoiu, International Monetary Fund

Usha Mittoo, Asper School of Business, University of Manitoba

Philip Molyneux, Bangor University

Edwin Neave, Smith School of Business, Queen's University

Barry Quinn, Queen's University, Belfast

Jean Roy, HEC Montreal School of Business

Reinhard Schmidt, Goethe University, Frankfurt

Stuart Snaith, Gustavson School of Business, University of Victoria

Benoit Tremblay, HEC Montreal School of Business

Thierry Warin, HEC Montreal School of Business

Clas Wihlborg, Chapman University

James Wilcox, University of California at Berkeley

Jonathan Williams, Bangor Business School, Bangor University

John Wilson, University of St-Andrews

AIB-L is brought to you by the Academy of International Business.
For information:
To post message: [log in to unmask]
For assistance:  [log in to unmask]
AIB-L is a moderated list.