Stefan Walz
Welcome! I am a Finance PhD candidate at Columbia Business School.
I will be on the job market during the 2024-2025 academic year.
Research Interests: Financial Intermediation, Monetary Policy, Macro-finance
Contact Information: swalz24@gsb.columbia.edu
CV: CV
Publications
How Does the Fed Affect Corporate Credit Costs? Default Risk, Creditor Segmentation and the Post-FOMC Drift (sole-author)
Journal of Monetary Economics, Volume 143, April 2024. [Paper]
Working Papers
Monetary Policy Complementarity: Bank Regulation and the Term Premium [Job Market Paper] [SSRN]
Awards: Best Ph.D. Student Paper Award, FIRS 2024, Chazen Institute for Global Business at Columbia Business School Grant
Presentations: Northern Finance Association PhD Session (2024, scheduled), Federal Reserve Board of Governors (2024, scheduled), FIRS PhD Session (2024), OFR PhD Symposium (2023), JHU Carey Finance Conference Poster Session (2023), Federal Reserve Bank of San Francisco (2023), Columbia University (2023)
Do Banks Care about the Environment? Estimating the Greenium and Implications for Bank Lending [SSRN]
Awards: Bernstein Center Doctoral Grant (2021)
Presentations: Columbia Business School (2021, 2022), FDIC Bank Research Conference Poster Session (2022)
Bank Credit Provision and Leverage Constraints: Evidence from the Supplementary Leverage Ratio (with Naz Koont), Covid Economics 72, 2021, Centre for Economic Policy Research. [SSRN]
Presentations: Federal Reserve Bank of Boston (2021), Columbia Business School (2021), AFA PhD Poster Session (2022)
Policy Work
What Equity Markets Said about Brexit-related Costs to U.S. Banks (with Nicholas Coleman and Friederike Niepmann), IFDP Notes, 2018, Federal Reserve Board. [IFDP]