Publications
Zombie Credit and (Dis-)Inflation: Evidence From Europe (The Journal of Finance, forthcoming)
(with Viral V. Acharya, Matteo Crosignani, and Tim Eisert)
Whatever It Takes: The Real Effects of Unconventional Monetary Policy (The Review of Financial Studies, 32(9), 3366-3411, 2019)
(with Viral V. Acharya, Tim Eisert, and Christian Hirsch)
Interbank Networks and Backdoor Bailouts: Benefiting From Other Banks’ Government Guarantees (Management Science, 65(8), 3673-3693, 2019)
(with Tim Eisert)
Real Effects of the Sovereign Debt Crisis in Europe: Evidence From Syndicated Loans (The Review of Financial Studies, 31(8), 2855-2896, 2018 – Editor’s choice)
(with Viral V. Acharya, Tim Eisert, and Christian Hirsch)
Incentive-Based Capital Requirements (Management Science 63(12), 4101-4113, 2017)
(with Andrej Gill)
Working Papers
Concentrating on Bailouts: Government Guarantees and Bank Asset Composition
(with Juan Pablo J. Gorostiaga and Björn Richter)
Loan Contract Design and Bank Monitoring with Preferential Central Bank Funding
(with Zhiqiang Ye)
How Do Supply Shocks to Inflation Generalize? Evidence From the Pandemic Era in Europe
(with Viral V. Acharya, Matteo Crosignani, and Tim Eisert)
Central Bank Policy and Firm Behavior: Evidence from the Swiss Franc Shock
(with Andrej Gill and Florian Hett)
Work in Progress
Zombie Firms and Corporate Governance
(with Viral V. Acharya, Matteo Crosignani, and Tim Eisert)
Banking on Bailouts: How Public Guarantees Affect Loan Contracts and Borrower Investments
(with Juan Pablo J. Gorostiaga and Zhiqiang Ye)
Unholy Trinity: Bailout Guarantees, Fixed Wages, and Capital Regulation
(with Teng Huang)
The Influence of Green Stakeholder Pressure on Bank Lending
(with Adrian Böhm, Igor Kadach, and Yuki Sakasai)
Goodnight Zombies? Evidence from Changes in Credit Loss Provisions
(with Guillermo Ramirez and Yuki Sakasai)