Prof. Dr. Jan Pieter Krahnen
Jan Pieter Krahnen is the Founding Director emeritus of the Leibniz Institute for Financial Research SAFE, and a retired Professor of Finance at Goethe University’s House of Finance.
His research has focused on the design of financial institutions and financial products, with special attention to corporate control, incentive alignment, and effective banking and capital market regulation. Krahnen is research fellow at the Center for Economic and Policy Research (CEPR) and co-head of CEPR's Research and Policy Network “European Financial Architecture”. He was President of the European Finance Association in 2011, and Vice-Chair of Verein für Socialpolitik (aka, German Economic Association) in 2018. Publications have appeared, among others, in the Review of Economic Studies, Journal of Financial Stability, and Experimental Economics.
In policy-related work, Krahnen served on the European Commission’s High Level Expert Group on Structural Reforms of the EU Banking Sector (“Liikanen Commission”) in 2012 and, from 2008-2012, on the Expert Group “New Financial Architecture” (Issing-Commission), advising the German government on issues relating to the global financial crisis. Later, he served on the Group of Economic Advisors (GEA) at the European Securities and Markets Agency (ESMA, 2011-2016), Paris. Also, he is a member of the Academic Advisory Board of Germany’s Federal Ministry of Finance.
- Selected Publications
Author/s Title Program Area Published Jan Pieter Krahnen, Laura Moretti Bail-In Clauses
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
Financial Intermediation 2015 Jan Pieter Krahnen, Christian Wilde Skin-in-the-Game in ABS Transactions: A Critical Review of Policy Options
Journal of Financial Stability
Financial Markets 2022 Marcel Bluhm, Jan Pieter Krahnen Systemic Risk in an Interconnected Banking System with Endogenous Asset Markets
Journal of Financial Stability
Macro Finance, Systemic Risk Lab 2014 Jan Pieter Krahnen, Felix Noth, Ulrich Schüwer Structural Reforms in Banking: The Role of Trading
Journal of Financial Regulation
Financial Intermediation 2017
- SAFE Working Papers
No. Author/s Title Program Area 46 Marcel Bluhm, Ester Faia, Jan Pieter Krahnen Monetary Policy Implementation in an Interbank Network: Effects on Systemic Risk Macro Finance, Systemic Risk Lab 327 Fincap Team, Jan Pieter Krahnen, Loriana Pelizzon, Christian Westheide Non-Standard Errors Financial Intermediation, Financial Markets 12 Marcel Bluhm, Ester Faia, Jan Pieter Krahnen Endogenous Banks’ Networks, Cascades and Systemic Risk Macro Finance, Systemic Risk Lab 55 Jan Pieter Krahnen, Peter Ockenfels, Christian Wilde Measuring Ambiguity Aversion: A Systematic Experimental Approach Financial Intermediation, Financial Markets, Transparency Lab, Experiment Center 48 Marcel Bluhm, Jan Pieter Krahnen Systemic Risk in an Interconnected Banking System with Endogenous Asset Markets Macro Finance, Systemic Risk Lab
- SAFE Policy Publications
- Completed Projects
- SAFE Policy Projects
Researcher Project Funded by Status Project Duration Publication Count Rainer Haselmann, Jan Pieter Krahnen, Tobias Tröger, Mark Wahrenburg Evaluierung gesamt- und finanzwirtschaftlicher Effekte der Reformen europäischer Finanzmarktregulierung im deutschen Finanzsektor seit der Finanzkrise BMF Completed 2017 1