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