6th LTI@UniTO/Bank of Italy Workshop on Long-term investors’ trends: theory and practice

6th LTI@UniTO/Bank of Italy Workshop on Long-term investors’ trends: theory and practice

Event organized by LTI@UniTO and Banca d’Italia

The Long-Term Investors@UniTO (LTI@UniTO) initiative and the Directorate General for Economics, Statistics and Research of the Bank of Italy are organizing the 6th Workshop on Long-term investors trends: theory and practice. This one-day event will take place on June 17th, 2025 at the Collegio Carlo Alberto, Torino (Italy).

Franklin Allen (Imperial College London) and Florian Heider (Goethe University Frankfurt and SAFE) are the keynote speakers for this edition.

The workshop will bring together researchers and professionals working on long-term investors trends, both theoretical and applied, to discuss research papers and agendas.

PROGRAM

9:30 – 9:50 | Welcome address
Lanfranco Suardo (Banca d’Italia) and Pietro Garibaldi (LTI@UniTO)

9:50 – 10:40 | Keynote Speech
Initial coin offerings, financial innovation, financial regulation, and long-term growth
Franklin Allen (Imperial College London)

10:40 – 11:20 | Do development financial institutions create impact through venture capital investments?
Aleksandar Andonov (University of Amsterdam)
Discussion: Sara Pinoli (Banca d’Italia)

11:20 – 11:40 | Coffee Break

11:40 – 12:30 | Keynote speech
The role of patient investors when designing optimal regulation
Florian Heider (SAFE Frankfurt)

12:30 – 13:10 | The unintended consequences of rebalancing
Alessandro Melone (Ohio State University)
Discussion: Costanza Torricelli (University of Modena and Reggio Emilia)

13:10 – 14:20 | Lunch break

14:20 – 15:00 | Pricing or panicking? Commercial real estate markets and climate change
Ellen Ryan (European Central Bank)
Discussion: Kevyn Stefanelli (Sapienza University of Rome)

15:00 – 15:40 | The green path in the cryptocurrency market
Giuseppe Pernagallo (University of Torino)
Discussion: Claudia Biancotti (Banca d’Italia)

15:40 – 16:20 | The propagation of environmental risk through production networks
Alessandro Lavia (University of Torino)
Discussion: Paolo Pin (University of Siena)

16:20 – 16:40 | Coffee Break

16:40 – 17:20 | Forecast dispersion and price reaction to macroeconomic news
Samia Badidi (Tilburg University)
Discussion: Matthijs Breugem (Collegio Carlo Alberto)

17:20 – 18:00 | Good inflation, bad inflation: implications for risky asset prices
Diego Bonelli (Banco de Espana)
Discussion: Alejandro Van Der Gothe (European Central Bank)

ORGANIZING COMMITTEE

–Pietro Garibaldi (University of Torino and Collegio Carlo Alberto)
–Elisa Luciano (University of Torino and Collegio Carlo Alberto)
–Marcello Pericoli (Banca d’Italia)
–Riccardo Poli (Banca d’Italia)
–Luca Regis (University of Torino and Collegio Carlo Alberto)
–Marco Taboga (Banca d’Italia).