2021 Conference Papers Selected

The Federal Reserve System, the Conference of State Bank Supervisors, and the Federal Deposit Insurance Corp. are pleased to announce the papers that have been selected for presentation at the ninth annual Community Banking the 21st Century research and policy conference, which will be held virtually Sept. 28-29, 2021.

The conference brings together academics, community bankers, regulators and policymakers to focus on the latest academic research on community banking and the important policy issues that affect community banks. This year's selected papers and authors are:

Government Loan Guarantees During a Crisis: The Effect of the PPP on Bank Lending and Profitability
W. Blake Marsh, Federal Reserve Bank of Kansas City and Padma Sharma, Federal Reserve Bank of Kansas City
The Effect of the PPPLF on PPP Lending by Commercial Banks
Sriya Anbil, Federal Reserve Board of Governors; Mark Carlson, Federal Reserve Board of Governors and Mary-Frances Styczynski, Federal Reserve Board of Governors
Strategically Staying Small: Regulatory Avoidance and the Community Reinvestment Act
Jacelly Cespedes, University of Minnesota; Jordan Nickerson, MIT and Carlos Parra, Pontificia Universidad Católica de Chile
On Small Bank Financing and Funding Hesitancy in Crisis: Evidence from the Paycheck Protection Program
Tetyana Balyuk, Emory University; Nagpurnanand Prabhala, Johns Hopkins University and Manju Puri, Duke University
The Real Effect of Bank Supervision: Evidence from On-site Inspections
Andrea Passalacqua, Federal Reserve Board of Governors; Paolo Angelini, Bank of Italy; Francesca Lotti, Bank of Italy and Giovanni Soggia, Bank of Italy
The Life Cycle of a Bank Enforcement Action and Its Impact on Minority Lending
Byeongchan An, The University of Chicago; Robert Bushman, University of North Carolina; Anya Kleymenova, Federal Reserve Board of Governors and Rimmy E. Tomy, The University of Chicago
Do Minority Banks Matter?
Prithu Vatsa, University of Miami
Do Mortgage Lenders Compete Locally? Implications for Credit Access
Greg Buchak, Stanford University and Adam Jørring, Boston College
Determinants of Losses on Construction Loans: Bad Loans, Bad Banks, or Bad Markets?
Emily Johnston Ross, FDIC; Joseph B. Nichols, Federal Reserve Board of Governors and Lynn Shibut, FDIC
Mandatory Disclosure and Takeovers: Evidence from Private Banks
Urooj Khan, The University of Texas; Doron Nissim, Columbia University and Jing Wen, Columbia University
Fighting Failure: The Persistent Real Effects of Resolving Distressed Banks
Ivan T. Ivanov, Federal Reserve Board of Governors and Stephen A. Karolyi, Office of the Comptroller of the Currency