Research

“Integration Culture of Global Banks and the Transmission of Lending Shocks” (with Andreas Barth, Journal of Banking & Finance, 2022, Q1 in Scopus and Web of Science) 

“Assessing Systemic Fragility - A Probabilistic Perspective” (Journal of Risk, 2022, 25(2): 1:28)

“Measuring Systemic Risk – A Probabilistic Perspective” (Springer Verlag, 2022) 

“Economic Crises and Financial Contagion” (St. Kliment Ohridski University Press, 2022) 

“The 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, Q1 in Web of Science, Top 10% in Citations in Scopus)

“Systemic Risk Measure - A Portfolio Probabilistic Perspective on Measuring Default Risk” (ECB Financial Stability Review, June 2012, Box 8, pp. 99-100)

The Systemic Risk Measure is updated quarterly for the ESRB Risk Dashboard [Link]

“Dynamic Systemic Risk Measures” (Czech Journal of Economics and Finance, 2023, 73(2): 119-143) 

“Liquidity Regulation and the Transmission of Lending Shocks across Borders” (Economic Alternatives, 2022) 

“New Methodology to Study Contagion between Western and Emerging Europe: A Switching Copula Approach” (Facta Universitatis, Series: Economics and Organization, 2021, 18(5): 407-420) 

“Multinational Banks and the Drivers of Cross-border Contagion” (Czech Journal of Economics and Finance, 2021, 71(2): 119-143) 

“Sovereign Debt Restructuring in Argentina: Analysis of Policy Responses and International Comparison” (with Michael Schröder, Clemens Fuest and Christoph Schröder, 2014, in English)

 “Credit Scoring: International Comparison of the Economic Significance and Legal Framework”, Die Wirtschaftsauskunfteien e.V., Oldenburg., 2014, in German)

“Bank Resolution Regimes and Systemic Risk” (with Thorsten Beck and Isabel Schnabel) 

“The Effect of Corporate Culture on Bank Lending Decisions” (with Andreas Barth and Ralph de Haas)

“Bank Resolution, Regulatory Arbitrage and Systemic Risk” (with Michela Altieri)

“Bail-in Regulation and Market Discipline” (with Matthias Pütz)

“International Banking Conglomerates and the Transmission of Lending Shocks across Borders”

“Systemic Risk and Sovereign Default in the Euro Area”

“Contagion between Western Europe and the Transition Economies: Evidence from the Subprime Crisis”