Steven Ongena is a professor of banking in the Department of Banking and Finance at the University of Zurich, a senior chair at the Swiss Finance Institutea research professor at KU Leuvenand a research fellow in financial economics of CEPRBefore moving to Zurich, he taught at CentER-Tilburg University and BI Norwegian Business School and studied at the Universities of Oregon (PhD), Alberta (MA) and KU Leuven (MBA, Hir).

He has published in the American Economic ReviewEconometricaEconomic JournalJournal of FinanceJournal of Financial EconomicsJournal of International Economics, Journal of Political EconomyManagement Science and the Review of Finance, among other journals. He co-authored, with Hans Degryse and Moshe Kim, the graduate textbook Microeconometrics of Banking: Methods, Applications and Results published by Oxford University Press.


He is currently a co-editor of Economic Inquiry and of the International Review of Finance,, and an associate editor of the Journal of Financial Services ResearchEconomic Notes, the Asian Review of Financial Research, the Journal of Financial Management, Markets and Institutions, and the Journal of Economic and Financial Sciences. In the past he has served as a co-editor for the Review of Finance and as an associate editor for the Journal of Finance, the Journal of Financial Intermediation, the European Economic Review and the Journal of Banking and Finance, among other journals.


He is a fellow of CFS and serves on the scientific advisory board of the Review of Finance, and of EBESFINEST, GOLCER, the Halle Institute for Economic Research, IBEFA, the Research Data and Service Centre of the Deutsche Bundesbank and SAFE. He is a frequent visitor at central banks around the world.


In 2017 he received an ERC Advanced Grant, in 2012 an NYU-Fordham-RPI Rising Star in Finance Award and in 2009 a Wim Duisenberg Research Fellowship of the European Central Bank.




Selected Publications

Braggion Fabio and Steven Ongena, Forthcoming, Banking sector deregulation, bank-firm relationships and corporate leverage, Economic Journal.

Jiménez Gabriel, Steven Ongena, José Luis Peydró and Jesús Saurina, Forthcoming, Macroprudential policy, countercyclical bank capital buffers and credit supply: Evidence from the Spanish dynamic provisioning experiments, Journal of Political Economy.

Rajamani, Anjana, Marieke van der Poel, Abe de Jong and Steven Ongena, Forthcoming, The international diversification of banks and the value of their cross-border M&A advice, Management Science.

Delis Manthos D., Sotirios Kokas and Steven Ongena, 2017, Bank market power and firm performance, Review of Finance, 21 (1), 299-326.

Cerqueiro Geraldo, Kasper Roszbach and Steven Ongena, 2016, Collateralization, bank loan rates and monitoringJournal of Finance, 71 (3), 1295-1322.

Ioannidou Vasso, Steven Ongena and José Luis Peydró, 2015Monetary policy, risk-taking and pricing: Evidence from a quasi-natural experiment, Review of Finance, 19 (1), 95-144.

Jiménez Gabriel, Steven Ongena, José Luis Peydró and Jesús Saurina, 2014, Hazardous times for monetary policy: What do twenty-three million bank loans say about the effects of monetary policy on credit risk?, Econometrica, 82 (2), 463-505.

Ongena, Steven, Alexander A. Popov and Gregory F. Udell, 2013, "When the cat’s away the mice will play": Does regulation at home affect bank risk-taking abroad?, Journal of Financial Economics, 18, 727-750.

Jiménez Gabriel, Steven Ongena, José Luis Peydró and Jesús Saurina, 2012, Credit supply and monetary policy: Identifying the bank balance-sheet channel with loan applications, American Economic Review, 102 (5), 2301-2326.

Giannetti Mariassunta and Steven Ongena, 2012, “Lending by example”: Direct and indirect effects of foreign bank presence in emerging markets, Journal of International Economics, 86 (1), 167-180.

Ioannidou Vasso and Steven Ongena, 2010, “Time for a change”: Loan conditions and bank behavior when firms switch banks, Journal of Finance, 65, 1847-1878.

Degryse Hans, Luc Laeven and Steven Ongena, 2009, The impact of organizational structure and lending technology on banking competition, Review of Finance, 13, 225-259.

Giannetti Mariassunta and Steven Ongena, 2009, Financial integration and entrepreneurial activity: Evidence from foreign bank entry in emerging markets, Review of Finance, 181-223.

Karceski Jason, Steven Ongena and David C. Smith, 2005, The impact of bank consolidation on commercial borrower welfare, Journal of Finance, 60:4, 2043-2082.

Degryse Hans and Steven Ongena, 2005, Distance, lending relationships, and competition, Journal of Finance, 60:1, 231-266.

Ongena Steven, David C. Smith and Dag Michalsen, 2003, Firms and their distressed banks: lessons from the Norwegian banking crisis (1988-1991), Journal of Financial Economics, 67:1, 81-112.

Ongena Steven and David C. Smith, 2001, The duration of bank relationships, Journal of Financial Economics, 61, 449-475.