Curriculum Vitae

Current Position

Dec. 2016 – presentLecturer (Akademischer Rat)
University of Bonn, Germany

Past Positions

Jan. 2015 – July 2018
Assistant Professor
Goethe University Frankfurt, Germany
June 2013 – Nov. 2016
Assistant Professor
Research Center SAFE, Goethe University Frankfurt, Germany

June 2013 – Dec. 2014
Research Economist
Centre for European Economic Research,
Mannheim, Germany

July 2009 May 2013
Research Assistant
Chair of Financial Economics, Johannes
Gutenberg University Mainz, Germany

Nov. 2008 – July 2009Student Assistant 
Chair of International Banking and Finance, Goethe University Frankfurt, Germany

Research Interests

Financial Economics, FinTechs and Digitalization, International Finance, Banking Regulation, Banking and Financial Stability, Systemic Risk, Contagion, Sovereign Default, Applied Econometrics

Academic Career

Sept. 2008 – July 2013
Ph.D. in Economics 
Graduate School of Economics, Finance, and Management (GSEFM) Frankfurt - Mainz – Darmstadt, Germany

Dissertation Title: “Systemic Risk and Contagion in the European Union”

Defense: July 2013 (summa cum laude)

Thesis Advisors:
Prof. Dr. Isabel Schnabel (
University of Bonn, past: Johannes Gutenberg University Mainz)
Prof. Dr. Jan Pieter Krahnen (Goethe University Frankfurt)

Oct. 2006 – Oct. 2008 Master’s Programme in International Business Economic Relations
University of Konstanz, Germany
Oct. 2002 – July 2006 Economics (B.Sc.)
Sofia University
, Bulgaria


April 2014
Hochschulpreis des Deutschen Aktieninstituts (DAI) - Best Dissertation Award of Deutsches Aktieninstitut
March 2014
Sonderpreis der Deutschen Bundesbank – Special Award of Deutsche Bundesbank for Best Dissertation at Johannes Gutenberg University Mainz

Research Stays

Jan. 2016 – Oct. 2017
Halle Institute for Economic Research, Halle (Saale), Germany
Sept. 2011 – Feb. 2012 European Central Bank, Financial Stability Surveillance Division, Frankfurt, Germany


Euro Area Sovereign Debt Crisis: Can Contagion Spread from the
Periphery to the Core?
 (with Denis Gorea, International Review of Economics and Finance, 2014, 30: 78-100)
“Systemic Risk Measure - A Portfolio Probabilistic Perspective on Measuring Default Risk” (ECB Financial Stability Review, June 2012, Box 8, pp. 99-100)   [link]

Working Papers

Bail-in Regulation and Market Discipline (with Matthias Pütz)
Bank Resolution Regimes and Systemic Risk (with Thorsten Beck and Isabel Schnabel)
Cross-Border Bank Resolution and Bank Risk (with Michela Altieri)
Integration Culture of Global Banks and the Transmission of Lending Shocks
“International Banking Conglomerates and the Transmission of Lending Shocks across Borders”   [link]
“Contagion between Western Europe and the Transition Economies: Evidence from the Subprime Crisis”   [link]
“Assessing Systemic Fragility - A Probabilistic Perspective”


Journal of Banking and Finance, Quantitative Finance, Economics of Transition, International Economics and Economic Policy


American Economic Association, American Finance Association, European Economic Association, European Finance Association, German Economic Association, German Finance Association

Conferences and Meetings

December 2016
5th Emerging Scholars in Banking and Finance Conference, Cass Business School
London, England
October 2016
Bank of Finland and ESRB Conference
Helsinki, Finland
September 2015
German Finance Association Annual Meeting 2015
Leipzig, Germany
June 2015
INFINITI Conference 2015
Ljubljana, Slovenia
January 2015
Daimler-Benz Stiftung
September 2014
German Economic Association Annual Meeting 2014
Hamburg, Germany
June 2014
IFABS Conference 2014
Lisbon, Purtugal
April 2014
2014 Spring Meeting of Young Economists
Vienna, Austria
December 2013
Eurofidai Paris December 2013 Finance Meeting
Paris, France
September 2013German Economic Association Annual Meeting 2013
Düsseldorf, Germany
August 2013European Economic Association Annual Meeting 2013
Gothenburg, Sweden
October 2012 German Finance Association Annual Meeting 2012
Hannover, Germany
September 2012 Intra-European Imbalances, Global Imbalances, International Banking, and International Financial Stability
DIW Berlin, Germany
September 2012 Verein für Socialpolitik Annual Meeting 2012
Göttingen, Germany
June 2012 Europe and the World Economy beyond the Sovereign Debt Crisis
Warsaw School of Economics, Poland
May 2012 Econometrics and Macroeconomics Conference 
University of Birmingham, United Kingdom
March 2012 1st Workshop in Financial Economics
University of Mainz, Germany
Sept. 2011 Verein für Socialpolitik Annual Meeting 2011
Frankfurt, Germany
Aug. 2011 2011 Lindau Nobel Laureate Meeting
Lindau, Germany 
Apr. 2011 2011 Spring Meeting of Young Economists
Groningen, Netherlands

Teaching Experience

 Nov. 2016 - Present
 University of Bonn, Germany
  • Lecturer in Corporate Finance (Bachelor)
  • Lecturer in Banking and Securitization (Master)
  • Lecturer in Empirical Banking (Ph.D.)
 Jan. 2015 - July 2018
 Goethe University Frankfurt, Germany
  • Tutorials in Banking and Securitization (Master)
  • Tutorials in Advanced Financial Economics (Ph.D.)
  • Supervisor of Bachelor and Master theses
 Oct. 2009 - June 2013
 Johannes Gutenberg University Mainz, Germany
  • Tutorials in Empirical Banking and Finance (Master)
  • Tutorials in Applied Econometrics (Bachelor)
  • Supervisor of Bachelor theses
  • Seminars in Financial Economics and Econometrics (Bachelor, Master)
 Sept. 2003 - July 2006

 Sofia University, Bulgaria
  • Tutorials in Microeconomics (Bachelor)
  • Tutorials in Informatics (Bachelor)

Summer Schools and Seminars

July 2011 GSEFM Doctoral Summer Institute, Eltville, Germany
Aug. 2010 – Sept. 2010 CEMFI Doctoral Summer School, Madrid, Spain
Oct. 2005 – Mar. 2006 World Bank’s Global Issues Seminar Series, Local Facilitator for the Sofia University “St. Kliment Ohridski”


Jan. 2016Scholarship IWH EXplore for a research stay at IWH
Dec. 2012
AEA/ASSA Annual Meeting Travel Grant (GSEFM)
Dec. 2012Spanish Economic Association Travel Grant (Goethe University)
Aug. 2011 EBRD Sponsorship to attend the 2011 Lindau Laureate Meeting
June 2010 DAAD Grant to attend the CEMFI Doctoral Summer School
Apr. 2007 – Oct. 2008 DAAD Scholarship for the Academic 2007/2008
Nov. 2005 – July 2006 Atanas Burov Scholarship for the Academic 2005/2006

Additional Skills

Languages  English (fluent), German (good), Bulgarian (mother tongue)
Computer Literacy Programing and data processing:  MatLab, Stata, EViews
Applications:  LaTeX, MS Office
World Bank WDI,  IMF WEO, Bankscope (Orbis), SNL, Datastream, Bloomberg, Markit, Compustat, CRSP