Private Debt Initiative

Jun 20–21, 2019 Download .ics

2nd Annual Conference | New York

Shaped by the 2008 financial crisis, a new generation of economists is expanding the boundaries of economic thinking on credit cycles, private debt, and financial stability.

This two-day conference synthesizes the new ideas that have emerged over the past decade but also considers questions that have yet to be addressed. Some of the salient questions we will explore include:

  • Do the benefits of private debt booms outweigh the costs?
  • Where do credit supply shocks come from, and what are their effects?
  • What’s driving excessive risk taking in credit booms, and why is risk mispriced?
  • Is there evidence for over-optimism of borrowers and lenders?

Partners and sponsors


Meet the leaders and scholars whose new thinking guides our work. View all speakers

  • Stefania Albanesi

    Professor of Economics, University of Pittsburgh

  • Matthew Baron

    Grantee, INET

    Assistant Professor of Finance, Cornell University

  • Juliane Begenau

    Assistant Professor of Finance, Stanford Graduate School of Business

  • Nina Boyarchenko

    Economist, Federal Reserve Bank of New York

  • Mark Carlson

    Senior Economic Project Manager, Board of Governors of the Federal Reserve System

  • ​Orsola Costantini

    Economic Affairs Officer​, UNCTAD

  • Alessia De Stefani

    Economist, Danmarks Nationalbank

  • Karen Dynan

    Professor of Practice, Harvard University

  • Ruediger Fahlenbrach

    Associate Professor of Finance, Swiss Finance Institute Associate Professor at Ecole Polytechnique Fédérale de Lausanne (EPFL)

  • Fernando V. Ferreira

    C.F. Koo Associate Professor, Wharton Real Estate Department, University of Pennsylvania

  • Samuel G. Hanson

    Marvin Bower Associate Professor, Harvard Business School

  • Jan Hatzius

    Chief Economist, Goldman Sachs

  • Rob Johnson

    President, INET

  • Òscar Jordà

    Grantee, INET

    Professor of Economics, University of California Davis

    Senior Policy Advisor, Federal Reserve Bank of San Francisco

  • Anna Kovner

    Vice President and Policy Leader for Financial Stability, Federal Reserve Bank of New York

  • Yueran Ma

    Assistant professor, University of Chicago Booth School of Business

  • Atif Mian

    Professor of Economics, Public Policy and Finance, Princeton University

    Director, Julis-Rabinowitz Center for Public Policy and Finance at the Woodrow Wilson School

  • Holger Mueller

    Nomura Professor of Finance, New York University Leonard N. Stern School of Business

  • Karsten Müller

    Postdoctoral Research Associate, Julis-Rabinowitz Center for Public Policy & Finance at Princeton University

  • Tyler Muir

    Assistant Professor of Finance, UCLA Anderson School of Management

  • Natacha Postel-Vinay

    Assistant Professor, The London School of Economics and Political Science

  • Trent Reasons

    Associate Director, Boston Consulting Group

  • Til Schuermann

    Partner & Co-Head – Risk & Public Policy, Americas, Oliver Wyman

  • Moritz Schularick

    INET Fellow & Grantee, INET

  • Alan Taylor

    Grantee, INET

    Director, Center for the Evolution of the Global Economy, UC Davis

  • Adair Turner

    Senior Fellow, INET

  • Richard Vague

    Governing Board, INET

  • Emil Verner

    Assistant Professor of Finance, MIT Sloan

  • Jessica Wachter

    Richard B. Worley Professor of Financial Management, Professor of Finance, The Wharton School, University of Pennsylvania

  • Eugene White

    Distinguished Professor of Economics, Rutgers University

  • Kaspar Zimmermann

    PhD Candidate, Bonn Graduate School of Economics

  • Marc Adam

    Coordinator, Economic History Working Group, Young Scholars Initiative, INET