ESSET 2011 will be devoted to theoretical perspectives on financial crises. Focus sessions in the first week (4-8 July) will be organised around the theme of "Asset Pricing, Financial Stability, and the Crisis" . Focus sessions in the second week (11-15 July) will be organised around the theme...

Submissions in other areas of risk management, banking supervision and financial stability are also welcome. 1. Causes of and lessons from the financial crisis 2. Crisis resolution and implications for the design and stability of the financial system and regulation

Topics: • Corporate and small business debt in foreign currency • Currency structure of household liabilities (e.g. mortgages) and assets • Modeling of currency risk • Regulation and supervision of currency risk (banks versus non bank institutions)

Financial stability is emerging as a distinct policy function of central banks, requiring its own scholarship separate from, but related to, monetary policy or bank supervision. One element of financial stability is to understand the benefits of and potential risks posed by new financial...