On 5 April, SAFE co-organized the first "curtain raiser speech" in Germany by Christine Lagarde, Managing Director of the International Monetary Fund, on “Decisive Action to Secure Durable Growth”.
Policy White Paper
European bank supervisors need to ensure that banks’ bail-in bonds are held by sophisticated investors. Existing EU market regulation insufficiently addresses mis-selling of bail-in instruments to private households.
The Role of Trading
A new SAFE White Paper looks at the alternative approaches for bank structural reforms and assesses their likely consequences for bank business models, risk-taking and financial stability.
Economic and legal scholars as well as practitioners in regulation analyze the European banking union – a new volume, edited by SAFE scholars and published by Cambridge University Press.
|Holger Kraft, Claus Munk, Frank Thomas Seifried, Sebastian Wagner||
Consumption Habits and Humps
forthcoming in Economic Theory
|Martin Götz, Luc Laeven, Ross Levine||
Does the Geographic Expansion of Bank Assets Reduce Risk?
Journal of Financial Economics, Vol. 120, Issue 2, pp. 346-362
|Vilen Lipatov, Alfons J. Weichenrieder||
A Decentralization Theorem of Taxation
forthcoming in CESifo Economic Studies, doi:10.1093/cesifo/ifw003
Euro area shadow banking activities in a low-interest-rate environment: a flow-of-funds perspective
White Paper No. 37, 2016
Lost in translation? ECB’s monetary impulses and financial intermediaries’ responses
White Paper No. 36, 2016
Jan Pieter Krahnen,
Beatrice Weder di Mauro,
Guntram B. Wolff
Mere criticism of the ECB is no solution
Policy Letter No. 51, 2016
LOEWE Center SAFE
Goethe University Frankfurt
House of Finance
60323 Frankfurt am Main, Germany
Phone: +49 69 798 30080