University of Vaasa & Hanken School of Economics
The 7th Vaasa Banking Research Workshop
August 24, 2026
Workshop Program
University of Vaasa, Auditorium Nissi, Wolffintie 32, Vaasa
Opening of the Workshop: 9:00-9:10Denis Davydov (Hanken School of Economics) |
Session 1: 09:10-10:40 |
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| Paper 1: | Digitalization and Credit Markets: Evidence from eInvoicing |
| Alejandro Casado (Bank of Spain) Marco Giometti (Universidad Carlos III de Madrid) Jose E. Gutierrez (Bank of Spain) David Martinez-Miera (Universidad Carlos III de Madrid & CEPR) Alexandra Matyunina (Bank of Spain) Tammaro Terracciano (IESE Business School) |
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| Discussant: | Jukka Sihvonen (Aalto University School of Business) |
| Paper 2: | Firm Automation and Cost of Lending: Micro Insights for Turkiye |
| Ata Can Bertay (Stockholm University & Sabanci University) Mehmet Selman Colak (Central Bank of the Republic of Turkiye) Ahmet Deryol (Central Bank of the Republic of Turkiye) Sulhan Yildrim (Central Bank of the Republic of Turkiye) Muhammed Hasan Yilmaz (Central Bank of the Republic of Turkiye & University of St. Andrews) |
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| Discussant: | Jianan Lu (University of Vaasa) |
| Paper 3: | The Funding Structure of Direct Lenders |
| Elisavet Mistopoulou (Frankfurt School of Finance & Management) Sascha Steffen (Frankfurt School of Finance & Management) |
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| Discussant: | Jesper Haga (Hanken School of Economics) |
| Coffee break: 10:40-11:00 | |
Keynote Presentation: 11:00-12:00 |
| Cross-Border Supervisory Cooperation: Why, How and So What?
Thorsten Beck (European University Institute) |
| Lunch break & Poster session: 12:00-13:30 |
Session 2: 13:30-15:00 |
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| Paper 4: | Skilled Labor Mobility and Bank Default |
| Yuna Heo (University of Basel & Swiss Finance Institute) Akif Midilli (University of Zurich & Swiss Finance Institute) Steven Ongena (University of Zurich & Swiss Finance Institute) |
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| Discussant: | Matteo Vacca (Hanken School of Economics) |
| Paper 5: | Social Proximity and Depositor Responses to a Salient Bank Failure: Evidence from Silicon Valley Bank |
| Mansoor Afzali (Hanken School of Economics) Vasiliki Athanasakou (Saint Mary’s University) Urooj Khan (University of Texas at Austin) N. Bugra Ozel (University of Texas at Dallas) |
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| Discussant: | Ata Can Bertay (Stockholm University & Sabanci University) |
| Paper 6: | Common Lenders and Borrower Return Comovement |
| Christian Eufinger (IESE Business School) Luca Xianran Lin (SUNY Buffalo) Valentina Raponi (IESE Business School) Haorui Wang (IESE Business School) |
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| Discussant: | John Paul Broussard (SUNY Empire) |
| Coffee break: 15:00-15:30 | |
Session 3: 15:30-16:30 |
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| Paper 7: | Energy Prices, Credit Risk, and Bank Lending Dynamics |
| Marco Giometti (Universidad Carlos III de Madrid) José E. Gutiérrez (Bank of Spain) Enric Martorell (Bank of Spain) Andrea Sy (CEMFI & Bank of Spain) |
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| Discussant: | Sami Vähämaa (University of Vaasa) |
| Paper 8: | Firm Ownership and the Structure of Banking Relationships |
| Christophe Cahn (Bank of France) Ettore Croci (Università Cattolica del Sacro Cuore) Mattia Girotti (Paris Dauphine University) Federica Salvadè (Paris School of Business) |
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| Discussant: | Denis Davydov (Hanken School of Economics) |
Poster Session |
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| Paper 1: | Do Climate Commitments Matter? Financial Stability and Policy Context in the Banking Sector |
| Ingrid Bran (University of Deusto) Laura Baselga-Pascual (University of Deusto) Emilia Vähämaa (Hanken School of Economics) |
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| Paper 2: | The Hidden Credit Cost of Green Commitments |
| Kanying Xu (University of Vaasa) |
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| Paper 3: | Reflections of Bank Consolidation on Market Power and Efficiency During Negative Interest Rates |
| Tomi Soininen (University of Jyväskylä) | |
| Paper 4: | Fatherhood, Motherhood and Career Progression in Banking |
| Sami Vähämaa (University of Vaasa) Maria Zhukova (University of Vaasa) |
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Keynote speaker: Professor Thorsten Beck
Thorsten Beck is Director of the Florence School of Banking and Finance and Professor of Financial Stability at the European University Institute. He is co-chair of the Advisory Scientific Committee of the European Systemic Risk Board (2023-27) and is a research fellow of the Centre for Economic Policy Research (CEPR) and the CESifo. Professor Beck has published extensively in the leading finance and economics journals, including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, and the Journal of Monetary Economics. According to Google Scholar, his papers have received over 114,000 citations.
Workshop registration:
Non-presenting participants are kindly asked to register via this registration form by August 18, 2026. There is no workshop participation fee.
The deadline for paper submissions was on June 15, 2026.
Click here to read the Call for Papers