Barcelona School of Economics (BSE) - Banking Summer School 2024

Course list for 2024

Week of June 25 - 29, 2024 (Face-to-face)

• Banking Theory
  Instructor: David Martínez-Miera (Universidad Carlos III de Madrid)
• Empirical Tools/Applications in Banking and Macro-Finance
  Instructor: José-Luis Peydró (ICREA-UPF and BSE)

Week of July 1 - 5, 2024 (Face-to-face)

• Banking Regulation and the Future of Money
  Instructor: Jean-Charles Rochet (University of Geneva, Geneva Finance Research Institute)
• Empirical Banking - Methodological Aspects
  Instructor: Gianni De Nicolò (Johns Hopkins University, Carey Business School)

Course descriptions

Banking Theory

• The main objective of this course is to understand the key mechanisms underlying the behavior of banks and their consequences. The course present different setups that allow the participant to better understand:
1. The relevance of imperfect information in the credit market
2. The role of financial institutions in the economy
3. The specifics of banks' strategies and their impact on the overall allocation of capital in the economy
4. The role of banks and other agents in determining the inherent instability of the economy
5. The logic and possible unintended consequences underlying banking regulation

Empirical Tools/Applications in Banking and Macro-Finance

• The objective of this course is to present empirical applications of relevant questions for both banking theory and policy, mainly related to Systemic Risk, Crises, Macroprudential and Monetary Policy. An important objective is to read and understand scientific papers in empirical banking; to accomplish this objective, emphasis is placed on illustrating research methodologies used in empirical banking and learning the application of these methodologies to selected topics.

Empirical Banking - Methodological Aspects

• This course introduces current methodologies for the analysis of banks’ profitability and risk both at an individual and system level. Starting with the classical empirical analyses of bank profitability and risk of the Industrial Organization literature, the course proceeds to examine recent developments in the measurement of bank performance and risk, as well as banking system stability. The course reviews the relevant literature, illustrates key features of the economic and statistical models, and provides hands-on examples of empirical applications through workshops run with Stata software.  At the end of this course, participants will understand classical and recent empirical analyses of banking and will be able to implement selected analyses using bank level datasets.

Banking Regulation and the Future of Money

• The banking system is an essential, but unpredictably fragile, foundation for modern market economies. To prevent the banking system from collapsing, we regulate banks more extensively than any other market sectors.  The recent crisis experience has given rise to a rethinking of the structure of the financial safety net (comprising regulation, supervision, resolution and deposit insurance). The increasingly interconnected nature of banking across borders adds an international challenge. The course provides an overview of the relevant issues in bank regulation, focusing on policy-relevant issues and empirical research.  At the end of the course, students should have a clear understanding of the relevant domestic and global issues of bank regulation understand how to assess the impact of bank regulatory reforms and how to draw appropriate policy conclusions from empirical research. 

Call for papers

There is a call for papers for students who wish to present their work. Students are encouraged to present their research papers. If you are interested in submitting a paper for review, please make your submission to summerschool@bse.eu.

Please put "Banking call for papers" in the subject line of your email. The deadline for submitting papers is May 30, and the schedule for the presentation of papers will be announced when the selection of papers has been finalized.

Paper presentations will only take place if sufficient papers are presented.

Credit transfers (ECTS)

Students will deliver a short summary of a paper one week after the summer school finishes. It will consist of a critical summary of a published paper, around 3-4 pages, 1.5 spaced, font size 11. The critical summary will need to follow these guidelines: expose what are the main ideas of the paper, how they are addressed, strength and weakness of the paper, methodological approach, theoretical or empirical background, and suggestions for improvements.

Certificate of attendance

Participants not interested in credit transfer will instead receive a Certificate of Attendance, stating the courses and number of hours completed. These students will be neither evaluated nor graded. There is no fee for the certificate.