Friday, 29 March 2019: 3:00 PM-5:00 PM

Over the recent years, financial (and banking) markets have undergone some of the most rapid and extensive changes in any markets. We have witnessed dramatic events in global financial markets, including the Asian crisis, the Russian crisis, and the near-collapse of Long Term Capital Management (LTCM), which was a highly leveraged hedge fund with enormous trading positions. More recently, we have seen remarkable developments in stock prices around the world, and in particular in stocks in the telecommunications and internet sectors. However, apart from market events, such as these, global financial markets have also undergone major structural changes in recent years. Therefore, the presenters in this session touch new approaches in banking, a new regulatory framework for the banking sector through recommended new stress tests, new quantitative approaches in forecasting those markets, volatility spillovers across specific real estate markets and the role of new market information, originated from credit ratings, to arrive at more accurate asset pricing.

Chair:
Konstantinos Drakos, Athens University of Economics and Business—Greece
Organizer:
Nicholas Apergis, University of Piraeus—Greece
Bank deposit flows and crisis sentiment: Evidence from the European Union countries
Dimitrios Anastasiou, Athens University of Economics and Business—Greece; Konstantinos Drakos, Athens University of Economics and Business—Greece
A new macro stress testing approach for financial realignment in the Eurozone
Emmanuel Apergis, University of Kent—United Kingdom; Hercules Apergis, University of Kent—United Kingdom
On the parameters that affect insurance growth
Nicholas Apergis, University of Piraeus—Greece; Thomas Poufinas, Democritus University of Thrace—Greece
Further evidence on the barrier options model of corporate security valuation
Athanasios Episcopos, Athens University of Economics and Business—Greece; George N. Leledakis, Athens University of Economics & Business—Greece



Discussants:
Emmanuel Apergis, University of Kent—United Kingdom ; Athanasios Episcopos, Athens University of Economics and Business—Greece ; Konstantinos Drakos, Athens University of Economics and Business—Greece and Thomas Poufinas, Democritus University of Thrace—Greece