Last one in UPF

Yesterday I went to one conference, which may be the last one for me in UPF:

CREI-CEPR Conference on Institutions and International Capital Flows

As the usual CREI-CEPR style, it was pretty macro. I went for the first two in the first day:

Financial Regulation, Financial Globalization and the Synchronization of Economic Activity

and

The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises

Macro, finance and econometrics... this combination defines my feeling - could not really understand many things. Yes, in some sense these topics are interesting, and financial crisis is worth paying attention to, but to what extend are those researches replicable...

Oh, one point I should mention here. The second one mentioned the "flight home effect", which was a new term to me. As operators of modern financial system, and one industry, the banks always attract special focus...It was nice to know their operations and some associated phenomena 🙂

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