Sebastian Doerr
I am an economist at the Bank for International Settlements in the Monetary and Economic Department, where I examine the consequences of financial innovation for data privacy, credit supply, and competition in the financial sector. I also work on the implications of the rise of fintechs and crypto-assets for financial stability.
My research spans financial intermediation, financial innovation, and macroeconomics. It received the European Economic Association's Young Economist Award, as well as the Young Innovators Award at the Vordenker Forum.
Here you can find my research papers, my policy work, and selected media coverage.
Current research
Geographic diversification and bank lending during crises (PDF, SSRN), with P. Schaz, Journal of Financial Economics (2021)
Stress tests, entrepreneurship and innovation (PDF, SSRN), Review of Finance (2021)
Financial crises and political radicalization: How failing banks paved Hitler's path to power (PDF, SSRN), with S. Gissler, J.-L. Peydro and J. Voth, The Journal of Finance (2022)
Regulatory Sandboxes and Fintech Funding: Evidence from the UK, With G. Cornelli, L. Gambacorta and O. Merrouche, R&R at Review of Finance
Non-bank lending during financial crises (2022), with I. Aldasoro and H. Zhou
Selected policy work
Inequality and the Decline of Small Business, with T. Drechsel and D. Lee, EFIP Research Brief
DeFi lending: intermediation without information?, with S. Aramonte, W. Huang and A. Schrimpf, BIS Bulletin No 57
Blockchain scalability and the fragmentation of crypto, with F. Boissay, G. Cornelli and J. Frost, BIS Bulletin No 56
Non-bank lenders in the syndicated loan market (2022), with I. Aldasoro and H. Zhou, BIS Quarterly Review, March
Whom do consumers trust with their data? US survey evidence (2021), with O. Amantier, J. Frost, A. Fuster and K. Shue, BIS Bulletin No 42
