Current Research
Working papers and work in progress:
- Stale Information, Shocks and Volatility
(with A. Kadareja)
ECB Working Paper No 686. - Financial Structure and the Dynamics of Retail Interest Rate Pass-Through
(with J.D. Lichtenberger and C. Sorensen)
ECB Working Paper No 714. - Trade Credit Defaults and Liquidity Provision by Firms
(with F. Boissay)
ECB Working Paper No 753. Best Paper Award at the European Finance Association Meetings 2007. - Contestability, Technology and Banking
(with S. Corvoisier)
ZEW Working Papers No 09/07. - Bank owners or managers: Who is keen on risk? Evidence from the financial crisis
(with M. Köhler)
EBS Working Paper 10-13. - The impact of public guarantees on bank risk taking: Evidence from a natural experiment
(with C. Gründl and A. Güttler)
EBS Working Paper No. 10-10. - Modeling Spillover Effects Among Financial Institutions: A State-Dependent Sensitivity Value-at-Risk (SDSVaR) Approach
(with Z.Adams and R. Füss)
EBS Working Paper. - The Effect of Stock Market Fluctuations on Corporate Cash Flows
(with F. Boissay and M. Frank). - Transatlantic transmission of monetary policy
(with A. Berger, J.D. Lichtenberger and C. Sorensen). - Rating agencies and conflicts of interest between bondholders and shareholders: Evidence from gains acquisitions of rated versus unrated firms
(with C. Hirsch and J. Krahnen). - Who Invests in Home Equity to Exempt Wealth from Bankruptcy" (with S. Corradin, H. Huizinga and L. Laeven).