Financial Intermediation

Die Abteilung Financial Intermediation setzt sich mit der Rolle von Mittlerinstitutionen am Kapitalmarkt auseinander, insbesondere Banken und Versicherungen, aber auch wenig oder nicht regulierte Marktteilnehmer („Schattenbanken“) sowie deren „off balance-sheet“-Aktivitäten. Forschungsschwerpunkte sind die Aufsicht und Regulierung von Banken (z.B. Liquiditätsregulierung), die Rolle von Banken in der Transmission der Geldpolitik hinein in die Realwirtschaft (z.B. die Bereitschaft zu Risikonahme bei Niedrigzinsen), die Bedeutung sicherer Anlagen im Bankwesen oder auch die Konsequenzen der Digitalisierung und der grünen Transformation für die Geschäftsmodelle von Finanzintermediären.


Publikationen

Forscher/innen Titel Bereich Typ Publiziert
Alexander Hillert, Alexandra Niessen-Ruenzi, Stefan Ruenzi Mutual Fund Shareholder Letters: Flows, Performance, and Managerial Behavior
forthcoming in Management Science
Financial Intermediation Published Paper 2025
Benjamin M. Abdel-Karim, Kevin Bauer, Rebecca Heigl, Oliver Hinz, Michael Kosfeld, Nicolas Winfried Pfeuffer The Terminator of Social Welfare? - The Economic Consequences of Algorithmic Discrimination
forthcoming in Journal of the Association of Information Systems
Financial Intermediation, Experiment Center Published Paper 2025
Tobias Berg, Valentin Burg, Jan Keil, Manju Puri The Economics of “Buy Now, Pay Later”: A Merchant’s Perspective
forthcoming in Journal of Financial Economics
Financial Intermediation Published Paper 2025
Sara Fadavi, Alexander Hillert Decoding Sentiment: Methodology Behind SAFE’s Manager Sentiment Index
White Paper No. 109
Financial Intermediation Policy Paper 2024
Florian Heider, Jonas Schlegel Sicherer durch Schulden: Safe Assets und die vergessene Dimension der Schuldenbremse
Policy Letter No. 105
Financial Intermediation Policy Paper 2024
Christian Mücke, Loriana Pelizzon, Vincenzo Pezone, Anjan Thakor The Carrot and the Stick: Bank Bailouts and the Disciplining Role of Board Appointments
American Economic Journal: Economic Policy
Financial Intermediation, Financial Markets Published Paper 2024
Ignazio Angeloni, Rainer Haselmann, Florian Heider, Loriana Pelizzon, Jonas Schlegel, Tobias Tröger Can Banking Union foster market integration, and what lessons does that hold for capital markets union?
SAFE White Paper No. 107
Financial Intermediation, Law and Finance, Financial Markets Policy Paper 2024
Tobias Berg, Lin Ma, Daniel Streitz Out of Sight, Out of Mind: Divestments and the Global Reallocation of Pollutive Assets
SAFE Working Paper No. 436
Financial Intermediation SAFE Working Paper 2024
Markus Dertwinkel-Kalt, Johannes Kasinger, Dmitrij Schneider Skewness Preferences: Evidence from Online Poker
Games and Economic Behavior
Financial Intermediation, Macro Finance Published Paper 2024
Benoît Cœuré, Harry Huizinga, Jan Pieter Krahnen Winners and losers in bank resolution: recent examples and a modest reform proposal
SAFE White Paper No. 106
Financial Intermediation Policy Paper 2024

Aktuelles Forschungsteam

Forscher Position
Almeida, Rui Doctoral Student
Becker, Bo SAFE Fellow
Berg, Tobias Professor
Beyene, Winta Postdoctoral Researcher
Bischof, Jannis SAFE Fellow
Fohlin, Caroline SAFE Fellow
Gill, Andrej SAFE Fellow
Götz, Martin SAFE Fellow
Gründl, Helmut SAFE Fellow
Haselmann, Rainer Professor
Heider, Florian Professor
Hett, Florian SAFE Fellow
Hillert, Alexander Professor
Hinz, Oliver Professor
Inderst, Roman SAFE Fellow
Kaiser, Luis Enrique Doctoral Student
Krahnen, Jan Pieter Professor
Leuz, Christian SAFE Fellow
Paoli, Lea Katharina Doctoral Student
Rohlfing-Bastian, Anna SAFE Fellow
Skiera, Bernd SAFE Fellow
Steffen, Sascha SAFE Fellow
Stein, Wolfram Doctoral Student
Traversa, Marina Postdoctoral Researcher
von Siemens, Ferdinand SAFE Fellow
Walz, Uwe Professor