Financial Intermediation

The Financial Intermediation department focuses on the role of intermediaries in the capital market, in particular banks and insurance companies, but also little or non-regulated market participants ("shadow banks") and their "off-balance-sheet" activities. Research focuses on the supervision and regulation of banks (e.g., liquidity regulation), the role of banks in the transmission of monetary policy into the real economy (e.g., the willingness to take risks at low-interest rates), the importance of safe investments in banking, or the consequences of digitalization and the green transformation for the business models of financial intermediaries.


Publications

Author/s Title Area Type Published
Benoît Cœuré, Harry Huizinga, Jan Pieter Krahnen, Elke König Winners and losers in bank resolution: recent examples and a modest reform proposal
White Paper No. 106
Financial Intermediation Policy 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
Tobias Berg, Florian Heider Leverage and Risk-Taking in a Dynamic Model
SAFE Working Paper No. 423
Financial Intermediation SAFE Working Paper 2024
Fincap Team Non-Standard Errors
The Journal of Finance
Financial Intermediation, Financial Markets Published Paper 2024
Tobias Berg, Daniel Streitz, Michael Wedow Credit Supply Shocks: Financing Real Growth or Takeovers?
The Review of Corporate Financial Studies
Financial Intermediation Published Paper 2024
Ioannis Asimakopoulos, Tobias Tröger Reform of the CMDI Framework – Driving Off With the Breaks On
SAFE Working Paper No. 418
Financial Intermediation, Law and Finance SAFE Working Paper 2024
Florian Heider, Jan Pieter Krahnen, Katja Langenbucher, Vincent R. Lindner, Jonas Schlegel, Tobias Tröger The Geopolitical Case for CMU and Two Different Pathways Toward Capital Market Integration
White Paper No. 102
Financial Intermediation, Law and Finance, Financial Markets Policy Paper 2024
Thiago Fauvrelle, Max Riedel, Mathias Skrutkowski Collateral Pledgeability and Asset Manager Portfolio Choices During Redemption Waves
SAFE Working Paper No. 417
Financial Intermediation, Financial Markets SAFE Working Paper 2024
Alexander Rodnyansky, Elena Carletti, Yuriy Gorodnichenko, Harold James, Jan Pieter Krahnen, Vladyslav Rashkovan, Ilona Sologoub Ukraine’s Reconstruction: Policy options for building an effective financial architecture
Policy Report No. 3
Financial Intermediation, Financial Markets Policy Paper 2024
Aljoscha Janssen, Johannes Kasinger Obfuscation and Rational Inattention
The Journal of Industrial Economics
Financial Intermediation, Macro Finance Published Paper 2024

Current Research Team

Researcher 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
Zhang, Xue Doctoral Student