The Bank of Canada - Simon Fraser University Conference on Financial Market Stability - 24 – 25 July 2009

NOTE: The papers listed here are reproduced as submitted by their respective authors, and do not necessarily reflect the opinions or policies of the Bank of Canada. Papers submitted by persons not in the employ of the Bank of Canada may be subject to the copyright policies of the submitters' organizations and/or countries, and therefore should not be reproduced in whole or in part without the permission of the author(s). Papers are presented in the language of the authors only.

"Competing Portfolio Constraints"
Astrid V. Schornick

"Option Trading: Information or Differences of Opinion?"
Siu Kai Choy and Jason Wei

"Flight-to-Liquidity and Global Equity Returns"
Ruslan Goyenko and Sergei Sarkissian

"Capital Constraints, Counterparty Risk and Deviations from Covered Interest Rate Parity"
Niall Coffey, Warren Hrung, Hoai-Luu Nguyen, and Asani Sarkar

"Preventing a Repeat of the Money Market Meltdown of the Early 1930s"
John V. Duca

"CEO Overconfidence and Bank Risk Taking"
Jijun Niu

"Can Bailouts Restore Investor Confidence? The Roles of Governance and Governments"
Pat Akey, Art Durnev, and Igor Oliveira dos Santos

"Common (Stock) Sense about Risk-Shifting and Bank Bailouts"
Linus Wilson and Wendy Yan Wu

"Financial Firm Bankruptcy and Systemic Risk"
Jean Helwege

"Systemic Risk and Market Institutions"
Andrey Pavlov and Susan Wachter

"Credit Spread Changes Within Switching Regimes"
Olfa Maalaoui, Georges Dionne, and Pascal Francois

"Ownership and Asymmetric Information Problems in the Corporate Loan Market: Evidence from a Heteroskedastic Regression"
Lewis Gaul and Victor Stebunovs

"Credit Exposure and Valuation of Revolving Credit Lines"
Robert A. Jones and Wendy Yan Wu

"Commercial Paper, Lines of Credit, and the Real Effects of the Financial Crisis of 2008: Firm-Level Evidence from the Manufacturing Industry"
Pengjie Gao and Hayong Yun