The Wharton Conference on Liquidity and Financial Fragility is a conference held at the University of Pennsylvania. The inaugural conference occurred in 2012 and we have just hosted our 12th conference on October 9 – 10, 2026. The conference featured papers by leading authors on the broad topics of liquidity and financial fragility.
Some themes covered in past conferences include: (1) Coordination failures, self-fulfilling beliefs, and runs. (2) Financial frictions and the macro economy. (3) Liquidity and frictions in financial markets. (4) Systemic risk and financial regulation. (5) Financial institutions, networks, and contagion. (6) Sovereign debt crises and their link to the financial sector. (7) The impact of crises and fragility on firms’ financing and investment policies.
The organizers of the conference are Vincent Glode, Itay Goldstein, Guillermo Ordonez, and Yao Zeng.
On this website, you can see details about previous conferences. View the 2026 conference program.
For more information about the conference, please contact: