1. Working Papers

  • Unintended Side Effects of Unconventional Monetary Policy (joint with Tobias Berg,  Thomas Kick, Sebastian Schreiber); available on request; Abstract
  • Capital Regulation, Market-Making, and Liquidity (with Thomas Kick, Shikhar Singla and Vikrant Vig); Abstract
  • Political Economy of Financial Regulation (with Shikhar Singla and Vikrant Vig); Abstract
  • Supra(National) Supervision (with Shikhar Singla and Vikrant Vig); Abstract
  • Government Ownership of Banks and Corporate Innovation (with Bo Bian, Vikrant Vig, Beatrice Weder di Mauro)
  • "Does Financial Structure Shape Industry Structure? Evidence from Timing of Bank Liberalization" (with Markus Behn, Amit Seru and Vikrant Vig)
  • "The Political Economy of Bank Bail-Outs" (with Bo Bian, Thomas Kick and Vikrant Vig)

2. Published Papers

  • "The Limits of Model-Based Regulation", The Journal of Finance, forthcoming, (with Markus Behn and Vikrant Vig)
  • "Rent-Seeking in Elite Networks", Journal of Political Economy, 2018, (with Vikrant Vig and David Schoenherr)
  • "Pro-Cyclical Capital Regulation and Lending" ; The Journal of Finance, 2016, Vol 71, Issue 2 (with Markus Behn and Paul Wachtel)
  • "Financial Distress, Stock Returns, and the 1978 Bankruptcy Reform Act" ; Review of Financial Studies, 2015, Vol 29, Issue 10 (with Dirk Hackbarth and David Schoenherr)
  • Foreign Banks in Syndicated Loan Markets, Journal of Banking and Finance 2011, Vol.35, Issue 10 (with Paul Wachtel)
  • “Explaining Foreign Bank Entrance in Emerging Markets”, Journal of Comparative Economics 2011, Vol. 39, Issue 4 (with Wilhelm Althammer)
  • “Institutions and Bank Behavior”, Journal of Money, Credit and Banking 2010, Issue 42, No. 5, pp. 965-984 (with Paul Wachtel)
  • How Law Affects Lending”, Review of Financial Studies 2010, Vol. 23, Issue 2, pp. 549-580, (with Katharina Pistor and Vikrant Vig)
  • “The Introduction of the Euro and its Effects on Investment Decisions”, Journal of International Money and Finance 2010, Vol. 29, Issue 1, pp. 94-110 (with Helmut Herwartz)