I am an Associate Professor of Economics and Finance at University College London
f.malherbe@ucl.ac.uk
My research
Main Fields of Interests
Financial Intermediation, Banking Regulation, Macroeconomics, and Political Economy.
Publications
Financial Contagion, In: Gerard Caprio (ed.), Handbook of Safeguarding Global Financial Stability: Political, Social, Cultural, and Economic Theories and Models, 2013, Vol.2, pp. 139-143. Oxford: Elsevier. (with Robert Kollmann)
Self-fulfilling Liquidity Dry-ups, Journal of Finance, Vol. 69, pp. 947-970, 2014.
Non-technical summary to appear in FAMe. (link)
Unanimous Rules in the Laboratory, (with Laurent Bouton and Aniol Llorente-Saguer.) Games and Economic Behavior, Vol. 102, pp. 179-198, 2017.
Get Rid of Unanimity Rule: The Superiority of Majority Rules with Veto Power, (with Laurent Bouton and Aniol Llorente-Saguer) Journal of Political Economy, 126(1), pp. 107-149, 2018.
Featured in VoxEU and MappingIgnorance.org
Optimal Capital Requirements over the Business and Financial Cycles, American Economic Journal: Macroeconomics, Vol .12, No. 3, pp. 139-174, 2020.
The Forced Safety Effect: How Higher Capital Requirements Can Increase Bank Lending (with Saleem Bahaj), Journal of Finance, Vol. 75, pp3013-3053, 2020.
Pipeline Risk in Leveraged Loan Syndication (with Max Bruche and Ralf Meisenzahl), Review of Financial Studies, Vol. 33/12, pp5660-5705, 2020.
Featured in VoxEU
Working papers
Beyond Pangloss: Financial Sector Origins of Inefficient Economic Booms (with Michael McMahon), CEPR DP15180, August 2020
What Determines how Banks Respond to Changes in Capital Requirements? (with Saleem Bahaj, Jon Bridges, and Cian O'Neill).
The European Financial Intermediation Theory Research Network is a platform for international collaboration on research in Financial Intermediation Theory (note that we are also interested in Policy and Empirics). Click here for more information (people, events, etc.).
If you are a London based researcher working on Financial Intermediation Theory (broadly defined), you may want to join the London Financial Intermediation Theory Network. Just drop me an email if you are interested.