Efraim Benmelech is Professor in Financial Economics and Head of the Guthrie Center for Real Estate Research at the Kellogg School of Management and affiliated with the National Bureau of Economic Research (NBER).

In this financial panel, he will talk about new trends on lending in the global financial markets. He will also present new research on changes in the use of collateral for corporate loans and the title of his speech is: Secured Debt - the Good, the Bad and the Ugly.