IMF-WIFPR Conference on Financial and Real Implications of Technologies, Artificial Intelligence (AI), and Cyber Risks
IMF Headquarters
Washington, DC
June 18, 2024
| 8:00am | Registration and Breakfast |
| 8:45-9:00am | Welcome Remarks: Tobias Adrian (IMF) and Itay Goldstein (Wharton) |
| 9:00-9:30am | Global Financial Stability Outlook: Jason Wu (IMF) |
| 9:30-11:15am | Session 1: Artificial Intelligence, Markets, and Risks Chair: Mario Catalán |
| Winston Dou (Wharton), Itay Goldstein (Wharton), and Yan Ji (HKUST), “AI-Powered Trading, Algorithmic Collusion, and Price Efficiency“ Discussant: Pete Kyle (Maryland) |
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| Tania Babina (Columbia), Anastassia Fedyk (Berkeley), Alex He (Maryland), and James Hodson (Jozef Stefan Institute), “Firm Investments in Artificial Intelligence and Systematic Market Risk” Discussant: Lauren Cohen (Harvard) |
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| Andrea L. Eisfeldt (UCLA), Gregor Schubert (UCLA), Miao Ben Zhang (USC), and Bledi Taska (Lightcast), “The Labor Impact of Generative AI on Firm Values“ Discussant: Emmanuel Yimfor (Columbia) |
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| 11:15-11:30am | Break |
| 11:30am-12:45pm | Research Panel: New Technologies and Artificial Intelligence: Landscape, Challenges, and Outlook |
| Moderator: Felix Suntheim (IMF) Itay Goldstein (Wharton) Sabrina Howell (NYU) Anton Korinek (University of Virginia) Josh Lerner (Harvard) |
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| 12:45-1:45pm | Lunch |
| 1:45-2:15pm | IMF Global Financial Stability Report Presentation: Cyber Risk–A Growing Concern for Macrofinancial Stability (Felix Suntheim) |
| 2:15-3:30pm | Policy Panel: Emerging Technologies as Risks and Opportunities: Industry and Policy Perspectives |
| Moderator: Fabio Natalucci (IMF) Tong Lee Lim (Monetary Authority of Singapore) Jean-François Legault (JPMorgan Chase) Sian Towson (Oliver Wyman) Jessica Renier (Institute of International Finance) |
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| 3:30-3:45pm | Break |
| 3:45-5:30pm | Session 2: Money and Banking, Cyber-Risk, and Security Chair: Cecilia Parlatore (NYU) |
| Markus Brunnermeier (Princeton) and Jonathan Payne (Princeton), “Strategic Money and Credit Ledgers” Discussant: Yao Zeng (Wharton) |
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| Rustam Jamilov (Oxford), Hélène Rey (LBS), and Ahmed Tahoun (LBS), “The Anatomy of Cyber Risk” Discussant: Emily Williams (Harvard) |
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| Thomas Eisenbach (NY Fed), Anna Kovner (NY Fed), and Michael Lee (NY Fed), “When It Rains, It Pours: Cyber Vulnerability and Financial Conditions“ Discussant: Yiming Ma (Columbia) |
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| 5:30pm | Concluding Remarks: Fabio Natalucci (IMF) |
For a pdf version of the program, please click here.