## 82nd Meeting Carnegie-Rochester-NYU Conference on Public Policy

"A Century of Money, Banking, and Financial Instability"

**Conference Papers:**

- ["On the Social Usefulness of Fractional Reserve Banking"](/sites/default/files/assets/documents/con_045214.pdf)
V.V. Chari and Christopher Phelan
Discussant: Ed Nosal
- "Regulatory Capture in Banking and Consequences for Financial Market Regulation: A First Look at the Evidence"
David Lucca, Amit Seru, and Francesco Trebbi
Discussant: Ed Kane
- ["Testing Macro-prudential Stress Tests: The Risk of Regulatory Risk Weights"](/sites/default/files/assets/documents/con_045215.pdf)
Viral Acharya, Robert Engle, and Diane Pierret
Discussant: Deborah Lucas
- ["Predatory Trading and Credit Freeze"](/sites/default/files/assets/documents/con_045216.pdf)
Jennifer La'O
Discussant: Richard Lowery
- [Liquidity Provision, Interest Rates, and Unemployment"](/sites/default/files/assets/documents/con_045217.pdf)
Guillaume Rocheteau and Antonio Rodreguez-Lopez
Discussant: Nicolas Petrosky-Nadeau
- ["Can Moral Hazard Be Avoided? The Banque de France and the Crisis of 1889"](/sites/default/files/assets/documents/con_045222.pdf)
Pierre Cyrille Hautcoeur, Angelo Riva, and Eugene N. White
Discussant: Stefano Ugolini