Program Joint CEPR-BOCCONI Conference on DIgital Assets 2023

September 14 - Day 1

9.00 – 9.15 Welcome Address

D. Masciandaro.

Director of the Baffi Centre in Economics, Finance and Regulation, and Chair in Economics of Financial Regulation, Università Bocconi.

D. Niepelt.

Director of the CEPR Research Policy Network on Fintech and Digital Currencies, and University of Bern.

9.15 : 10.45 - Session 1.

• "CBDC and Payment Platform Competition", by Youming Liu (Bank of Canada), Edona Reshidi (Bank of Canada), Francisco Rivadeneyra (Bank of Canada)

presented by: Edona Reshidi (Bank of Canada)

Discussant: Remo Taudien (Study Center Gerzensee, University of Bern)

• "Central Bank Digital Currency Adoption: A Two-Sided Model", by Brandon Tan (IMF)

presented by: Brandon Tan (IMF)

Discussant: Edona Reshidi (Bank of Canada)

11.15 : 12.45 - Session 2

• "Central Bank Digital Currencies : a Blessing or a Curse for Crypto Shadow Banking?" by Jonathan Chiu (Bank of Canada, RPN), and Cyril Monnet (University of Bern, Study Center Gerzensee, RPN)

presented by: Cyril Monnet (University of Bern, Study Center Gerzensee, RPN)

Discussant: Martina Fraschini (University of Luxembourg)

• "Bank Competition and Household Privacy in a Digital Payment Monopoly" by Itai Agur (IMF), Anil Ari (IMF), Giovanni Dell'Ariccia (IMF, CEPR)

presented by: Giovanni Dell'Ariccia (IMF, CEPR)

Discussant: Yuteng Cheng (Bank of Canada)

15.00 : 16.30 - Session 3

• "Mobile Money, Interoperability and Financial Inclusion" by M. K. Brunnermeier, N. Limodio and L. Spadavecchia

presented by: Nicola Limodio

discussed by:

• "Strategic Complementarities in a Dynamic Model of Technology Adoption: P2P Digital Payments" by F. Alvarez,  D. Argente,  F. Lippi, E. Mendez and D. Van Patten

presented by: Francesco Lippi

discussed by:

17.00 : 18.30 - Session 4

• "The Demand for Programmable Payments" by C. M. Kahn and M. van Oordt

presented by: Maarten van Oordt

discussed by:

• "Batching trades on automated market makers" by A. Canidio and R. Fritsch

presented by: Andrea Canidio

discussed by:

September 15 - Day 2

9.00 : 11.00 - Session 1

• "CBDC and Banks: Disintermediating fast and slow" by R. Bidder, T. Jackson and M. Rottner

presented by: Timothy Jackson

discussed by:

• "CBDC: Banking and Anonymity" by Y. Cheng and R. Izumi

presented by: Yuteng Chen

discussed by:

• "The digital economy, privacy, and CBDC" by T. Ahnert, P. Hoffmann, C. Monnet

presented by: Peter Hoffmann

discussed by:

14.00 : 15.30 Session 2

• "Contracts and External Financing" by Katrin Tinn

presented by: Katrin Tinn

discussed by:

• "Collusion-Proof Oracles for Decentralized Autonomous Organizations" by A. Braun and N. Haeusle

presented by: Niklas Haeusle

discussed by:

16.00 : 18.00 - Session 3

• "Stablecoin Devaluation Risk" by B. Eichengreen, M. Nguyen and Viswanath-Natraj

presented by: Ganesh Viswanath-Natraj

discussed by:

• "Stablecoins: Adoption and Fragility" by C. Bertsch

presented by: Christoph Bertsch

discussed by:

• Stablecoins and short-term funding markets by J. Barthelemy, P. Gardin and B. Nguyen

presented by: Benoit Nguyen

discussed by: