Program Joint CEPR-BOCCONI Conference on DIgital Assets 2023
THE FUTURE OF PAYMENTS AND DIGITAL ASSETS
Room AS01, floor -2, via Roentgen, 1
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",
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", Brandon Tan (IMF)
Presented by: Brandon Tan (IMF)
Discussant: Edona Reshidi (Bank of Canada)
Coffee Break
11.15 : 12.45 - Session 2
- "Central Bank Digital Currencies : a Blessing or a Curse for Crypto Shadow Banking?"
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)
Lunch
14.00 : 15.00
Session Chair:
Elena Carletti, Dean for Research, Università Bocconi
Keynote Speech: Hyun Song Shin
15.00 : 16.30 - Session 3
- · Strategic Complementarities in a Dynamic Model of Technology Adoption: P2P Digital Payments
Francesco Lippi (LUISS, EIEF, CEPR), Fernando Alvarez (University of Chicago), David Argente (Pennsylvania State University), Esteban Mendez (Central Bank of Costa Rica), Diana Van Patten (Yale University)
Presented by: Francesco Lippi (LUISS, EIEF, CEPR)
Discussant: Nicolas Serrano Velarde (Bocconi University and CEPR)
- · Mobile Money, Interoperability and Financial Inclusion
Markus K. Brunnermeier (Princeton University, CEPR, RPN), Nicola Limodio (Bocconi University, CEPR), and Lorenzo Spadavecchia (Bocconi University)
Presented by: Nicola Limodio (Bocconi University, CEPR)
Discussant: Rocco Macchiavello (LSE)
Coffee Break
17.00 : 18.30 - Session 4
- The Demand for Programmable Payments. Charles M. Kahn (University of Illinois), Maarten van Oordt (Vrije Universiteit Amsterdam)
Presented by: Maarten van Oordt (Vrije Universiteit Amsterdam)
Discussant: Niklas Haeusle (University of St. Gallen)
- Batching trades on automated market makers. Andrea Canidio (CoW Protocol), Robin Fritsch (ETH Zurich, CoW Protocol)
Presented by: Andrea Canidio (CoW Protocol), Robin Fritsch (ETH Zurich, CoW Protocol)
Discussant: Andrea Barbon (University of St.Gallen)
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:
Coffee Break
11.30 : 12.30 Keynote Speech: Xavier Vives
Lunch
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:
Coffee Break
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:
