Publications

Journals (DOI linked titles)

• Menkveld et al. (2023). "Non-standard errors", Journal of Finance, forthcoming

• Colonnello, S., M. Koetter, K. Wagner (2023). "Compensation Regulation in Banking: Executive Director Behavior and Bank Performance after the EU Bonus Cap" Journal of Accounting and Economics, 101576. The Internet Appendix is available here

• Koetter, M., Krause, T., Sfrappini, E., and Tonzer, L. (2022). "Completing the European Banking Union: Capital cost consequences for credit providers and corporate borrowers". European Economic Review, 148, 104229.

• Koetter, M. and A. Popov (2021). "Political Cycles in Bank Lending to the Government". Review of Financial Studies, 34(6), 3138–3180. 

• Blaseg, D., Cumming, D.,  Koetter, M. (2021). "Equity Crowdfunding: High- or Low-Quality Entrepreneurs?", Entrepreneurship Theory and Practice, 45(3), 505–530.

• Colonnello, S. Koetter, M., Stieglitz, M. (2021). "Benign neglect of covenant violations: Blissful banking or ignorant monitoring?," Economic Inquiry, 59(1), 459-477.

• Koetter, M. (2020). "Lending Effects of the ECB's Asset Purchases", Journal of Monetary Economics, 116, 39-52.

• Koetter, M.,  F. Noth, O. Rehbein (2020). "Borrowers Under Water! Rare Disasters, Regional Banks, and Recovery Lending", Journal of Financial Intermediation, 43.

• Kick, T., M. Koetter, M. Storz (2020). "Cross-border transmission of emergency liquidity provision'', Journal of Banking and Finance, 113.

• Koetter, M., Krause, T., Tonzer, L. (2019). "Delay determinants of European Banking Union implementation", European Journal of Political Economy, 58, 1--20.

• Bosma, J., M. Koetter, M. Wedow (2019). "Credit risk connectivity in the financial industry and stabilization effects of government bailouts", Journal of Business & Economics Statistics, 37(1), 67–80.

• Buch, C.M., C.T. Koch, M. Koetter (2018). "Crises and Rescues: Liquidity Transmission through Global Banks", International Journal of Central Banking, 14(4), 187--286.

• Galema, R., M. Koetter (2018). "Big fish in small banking ponds? Cost advantages and foreign affiliate presences'', Journal of Int. Money and Finance, 81(100), 138--158.

• Kick, T., M. Koetter, T. Poghosyan (2016). "Bank recapitalization, regulatory intervention, and repayment", Journal of Money, Credit, and Banking, 48(7), 1467--1494.

• Galema, R., M. Koetter, C. Liesegang (2016). "Lend global, fund local? Price and funding cost margins in multinational banking", Review of Finance, 20(5), 1981--2014.

• Buch, C.M., M. Koetter, J. Ohls (2016). "Banks and Sovereign Risk: A Granular View", Journal of Financial Stability, 25, 1--15.

• Koetter, M. and F. Noth (2016). "Did TARP distort competition among sound banks?", Economic Inquiry, 54(2), 994--1020.

• Inklaar, R.C., M. Koetter, F. Noth (2015)."Who's afraid of big bad banks? Bank competition, SME, and industry growth", Journal of Financial Stability, 19, 31--44.

• Koetter, M., K. Roszbach, G. Spagnolo. (2014). "Financial stability and Central Bank governance", International Journal of Central Banking, 10(4), 31--67.

• Buch, C.M., C.T. Koch, M. Koetter (2013). "Should I stay or should I go? Bank productivity and internationalization decisions", Journal of Banking and Finance, 42, 266--282.

• Berger, A.N. , T. Kick, M. Koetter, K. Schaeck (2013). ”Does it pay to have friends? Social ties and executive appointments in banking”, Journal of Banking and Finance, 37(6), 2087–2105.

• Buch, C.M., C.T. Koch, M. Koetter (2013). ”Do banks benefit from internationalization? Revisiting the market power-risk nexus”, Review of Finance, 17(4), 1401–1435.

• Koetter, M. and F. Noth (2013). ”IT use, productivity, and market power in banking”, Journal of Financial Stability, 9, 695–704.

• Koetter, M. and M. Wedow (2013). ”Transfer payments without growth: Evidence for German regions 1992-2005”, International Journal of Urban and Regional Research, 37(4), 1438–1455.

• Dam, L. and M. Koetter (2012). ”Bank bailouts and moral hazard: Evidence from Germany”, Review of Financial Studies, 25, 2343-2380.

• Hasan, I., B. Francis, M. Koetter, Q. Wu.(2012). ”Corporate boards and bank loan contracting”, Journal of Financial Research, 35, 521–552.

• Koetter, M., J.W. Kolari, L. Spierdijk (2012). ”Enjoying the Quiet Life under deregulation? Evidence from adjusted Lerner indices for U.S. banks”, Review of Economics and Statistics , 94, 462-480.

• Hackethal, A., M. Koetter, O. Vins (2012). ”Do government owned banks trade market power for slack?”, Applied Economics, 44, 4275-4290.

• Buch, C.M., C.T. Koch, M. Koetter (2011). ”Size, productivity, and international banking”, Journal of International Economics, 85, 329-334.

• de Vries, G., M. Koetter (2011). ”ICT adoption and heterogeneity in production technologies: Evidence for Chilean retailers”, Oxford Bulletin of Economics and Statistics, 73, 539-555.

• Bos, J.W.B., M. Koetter (2011). ”Handling losses in translog profit models”, Applied Economics, 43, 307-312.

• Koetter, M., M. Wedow (2010). ”Finance and growth in a bank-based economy: Is it quantity or quality that matters?”, Journal of International Money and Finance, 29, 1529-1545.

• Koetter, M., T. Poghosyan (2010). ”Real estate markets and bank stability”, Journal of Banking and Finance, 34, 1129-1138.

• Bos, J.W.B. , C. Economidou, M. Koetter, J.W. Kolari (2010). ”Do all countries grow alike?”, Journal of Development Economics, 91, 113-127.

• Bos, J.W.B. , C. Economidou, M. Koetter (2010) ”Technology clubs, R&D and growth patterns: Evidence from EU manufacturing”, European Economic Review, 54, 60-79.

• Hasan, I., M. Koetter, M. Wedow (2009). ”Regional growth and finance in Europe: Is there a quality effect of bank efficiency?”, Journal of Banking and Finance, 33(8), 1413-1422.

• Koetter, M., T. Poghosyan (2009). ”The identification of technology regimes in banking: Implications for the market power-fragilitynexus”, Journal of Banking and Finance, 33(8), 1446-1453.

• Bos, J.W.B., J.W. Kolari, C.J.M. Kool, M. Koetter (2009). ”Effects of heterogeneity on bank efficiency scores”, European Journal of Operational Research, 195(1), 251-261.

• De Graeve, F., Kick, T., M. Koetter (2008). ”Monetary policy and financial (in)stability: An integrated micro-macro approach”, Journal of Financial Stability, 4(3), 205-231.

• Koetter, M. (2008). ”The stability of efficiency rankings when risk-preferences and objectives are different” European Journal of Finance, 14(2), 115-135.

• Koetter, M. (2008). ”An assessment of bank merger success in Germany” German Economic Review, 9, 231-263.

• Koetter, M., J.W.B Bos, F. Heid, J. Kolari, C.J.M. Kool and D. Porath (2007) ”Accounting for distress in bank mergers”, Journal of Banking and Finance, 31, 3200-3217.

• Kick, T., M. Koetter (2007). ”Slippery slopes of stress: Ordered failure events in German banking”, Journal of Financial Stability, 3(2), 132-148.

• Koetter, M., T. Nestmann, S. Stolz, M. Wedow (2006). ”Still overbanked and unprofitable? Two decades of German banking”, Kredit und Kapital, 39(4), 1-15.

• Koetter, M. (2006). ”Measurement Matters - Input Price Proxies and Bank Efficiency in Germany” Journal of Financial Services Research, 30, 199-226.

Contributions to books and edited volumes

• Blaseg, D., M. Koetter (2016). "Crowdfunding and bank stress". in Aste, T., Pelizzon, L., Tasca, P., Perony, N. (eds.) Banking Beyond Banks and Money, Springer.

• Galema, R., M. Koetter (2016). "European bank efficiency and performance: The effects of supranational versus national bank supervision". in Beck, T, Casu, B. (eds.) Palgrave Handbook of European Banking, Palsgrave.

• Koetter, M., A.J. Meesters (2013). ”Effects of specification choices on efficiency in DEA and SFA”. in Pasiouras, F. (ed.) Efficiency and Productivity Growth - Modelling in the Financial Services Industry, Wiley.

• Buch, C.M., Koch, C.T., Koetter, M. (2012). ”Causes and effects in international banking - what can we learn from micro data?”. in Schubert, A., Poloni P., Walton, R. (eds.) Central bank statistics as a servant of two separate mandates – price stability and mitigation of systemic risk. European Central Bank, Frankfurt am Main. 

• Koetter, M. (2006). ”The Magnitude of Distortions when Measuring Bank Efficiency with Misspecified Input Prices” in Balling, M., Liermann, F and Mullineux, A. (eds.) Competition and Profitability in European Financial Services, Routledge.