Matthias Efing

HEC Paris - Finance Department

Assistant Professor

France

http://matthiasefing.com/

CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Affiliate

Poschinger Str. 5

Munich, DE-81679

Germany

  • HEC Paris - Finance Department

    • Email
    • Tel: (++33)695646755

  • CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

SCHOLARLY PAPERS

8

DOWNLOADS
Rank 16,449

SSRN RANKINGS

Top 16,449

in Total Papers Downloads

2,781

CITATIONS
Rank 36,052

SSRN RANKINGS

Top 36,052

in Total Papers Citations

5

Scholarly Papers (8)

Actions:
Email selected abstracts
1.

How Do Investors and Firms React to an Unexpected Currency Appreciation Shock?

Swiss Finance Institute Research Paper No. 15-65
Number of pages: 54 Posted: 01 Jan 2016 Last Revised: 24 Aug 2018
Matthias Efing, Rüdiger Fahlenbrach, Christoph Herpfer and Philipp Krueger
HEC Paris - Finance Department, Ecole Polytechnique Fédérale de Lausanne, Emory University - Goizueta Business School and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 783 (29,189)

Abstract:

Loading...

2.

Arbitraging the Basel Securitization Framework: Evidence from German ABS Investment

Downloads 478 ( 55,856)

Arbitraging the Basel Securitization Framework: Evidence from German ABS Investment

Swiss Finance Institute Research Paper No. 14-65
Number of pages: 70 Posted: 25 Nov 2014 Last Revised: 12 Sep 2018
Matthias Efing
HEC Paris - Finance Department
Downloads 445 (60,432)

Abstract:

Loading...

Regulatory arbitrage, asset-backed securities, risk-taking, ratings inflation

Arbitraging the Basel Securitization Framework: Evidence from German Abs Investment

Bundesbank Discussion Paper No. 40/2015
Number of pages: 57 Posted: 21 Jun 2016
Matthias Efing
HEC Paris - Finance Department
Downloads 33 (445,672)

Abstract:

Loading...

regulatory arbitrage, asset-backed securities, risk-taking, credit ratings

3.

Structured Debt Ratings: Evidence on Conflicts of Interest

Downloads 441 ( 61,740)
Citation 2

Structured Debt Ratings: Evidence on Conflicts of Interest

Swiss Finance Institute Research Paper No. 13-21
Number of pages: 39 Posted: 19 Apr 2013 Last Revised: 07 Dec 2018
Matthias Efing and Harald Hau
HEC Paris - Finance Department and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 376 (73,973)
Citation 2

Abstract:

Loading...

Credit Ratings, Ratings Inflation, Conflicts of Interest, Structured Debt

Structured Debt Ratings: Evidence on Conflicts of Interest

Swiss Finance Institute Research Paper No. 13-21
Number of pages: 59 Posted: 05 Oct 2013
Matthias Efing and Harald Hau
HEC Paris - Finance Department and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 64 (335,705)
Citation 2

Abstract:

Loading...

Credit Ratings, Ratings Inflation, Conflicts of Interest, Structured Debt

Structured Debt Ratings: Evidence on Conflicts of Interest

CEPR Discussion Paper No. DP9465
Number of pages: 56 Posted: 08 May 2013
Matthias Efing and Harald Hau
HEC Paris - Finance Department and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 1 (650,760)
Citation 2
  • Add to Cart

Abstract:

Loading...

conflicts of interest, credit ratings, ratings inflation, structured debt

4.

Shareholder Bargaining Power and the Emergence of Empty Creditors

Swiss Finance Institute Research Paper No. 16-17, Paris December 2016 Finance Meeting EUROFIDAI - AFFI
Number of pages: 55 Posted: 04 Jun 2016 Last Revised: 29 Jun 2018
Stefano Colonnello, Matthias Efing and Francesca Zucchi
Otto-von-Guericke-Universität Magdeburg, HEC Paris - Finance Department and Federal Reserve Board
Downloads 417 (66,046)

Abstract:

Loading...

Empty Creditors, Credit Default Swaps, Bargaining Power, Real Effects

5.

Bank Capital Regulation with an Opportunistic Rating Agency

Downloads 384 ( 72,843)
Citation 3

Bank Capital Regulation with an Opportunistic Rating Agency

Swiss Finance Institute Research Paper No. 12-19
Number of pages: 48 Posted: 03 May 2012 Last Revised: 22 Sep 2015
Matthias Efing
HEC Paris - Finance Department
Downloads 337 (84,180)
Citation 3

Abstract:

Loading...

Bank Regulation, Lucas Critique, Collusion, Ratings Inflation, Risk-shifting

Bank Capital Regulation with an Opportunistic Rating Agency

CESifo Working Paper Series No. 4267
Number of pages: 46 Posted: 18 Jun 2013
Matthias Efing
HEC Paris - Finance Department
Downloads 47 (389,544)
Citation 3

Abstract:

Loading...

bank regulation, Lucas critique, collusion, ratings inflation, risk-shifting

6.

Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks

Downloads 152 (185,274)

Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks

Paris December 2014 Finance Meeting EUROFIDAI - AFFI Paper, Swiss Finance Institute Research Paper No. 14-55
Number of pages: 49 Posted: 06 Sep 2014 Last Revised: 10 Dec 2014
Matthias Efing, Harald Hau, Patrick Kampkötter and Johannes Steinbrecher
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute
Downloads 119 (225,835)

Abstract:

Loading...

Trading Income, Bank Risk, Incentive Pay, Bonus Payments

Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks

CESifo Working Paper Series No. 4984
Number of pages: 52 Posted: 09 Oct 2014
Matthias Efing, Harald Hau, Patrick Kampkötter and Johannes Steinbrecher
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute
Downloads 25 (487,400)

Abstract:

Loading...

trading income, bank risk, incentive pay, bonus payments

Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks

NBER Working Paper No. w20468
Number of pages: 52 Posted: 08 Sep 2014 Last Revised: 19 Sep 2014
Matthias Efing, Harald Hau, Patrick Kampkötter and Johannes Steinbrecher
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute
Downloads 7 (599,208)

Abstract:

Loading...

Incentive Pay and Bank Risk-Taking:Evidence from Austrian, German, and Swiss Banks

CEPR Discussion Paper No. DP10217
Number of pages: 53 Posted: 17 Nov 2014
Matthias Efing, Harald Hau, Patrick Kampkötter and Johannes Steinbrecher
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute
Downloads 1 (650,760)
  • Add to Cart

Abstract:

Loading...

Bank Risk, Bonus Payments, Incentive Pay, Trading Income

7.

Bank Bonus Pay as a Risk Sharing Contract

Downloads 121 (223,496)

Bank Bonus Pay as a Risk Sharing Contract

HEC Paris Research Paper No. FIN-2018-1285
Number of pages: 39 Posted: 29 Jun 2018 Last Revised: 19 Nov 2018
Matthias Efing, Harald Hau, Patrick Kampkötter and Jean-Charles Rochet
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and GFRI, University of Geneva
Downloads 85 (284,755)

Abstract:

Loading...

Bank compensation, risk sharing, bank risk, operating leverage

Bank Bonus Pay as a Risk Sharing Contract

Swiss Finance Institute Research Paper No. 18-72
Number of pages: 41 Posted: 20 Nov 2018 Last Revised: 27 Nov 2018
Matthias Efing, Harald Hau, Patrick Kampkötter and Jean-Charles Rochet
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and GFRI, University of Geneva
Downloads 36 (437,005)

Abstract:

Loading...

banker compensation, risk sharing, bonus pay, operating leverage

8.

Freeze! Financial Sanctions and Bank Responses

Deutsche Bundesbank Discussion Paper No. 45/2018
Number of pages: 51 Posted: 07 Dec 2018
Matthias Efing, Stefan Goldbach and Volker Nitsch
HEC Paris - Finance Department, Darmstadt University of Technology and Darmstadt University of Technology - Department of Law and Economics
Downloads 5 (585,617)

Abstract:

Loading...

financial sanctions, law and finance, cross-border lending, international banking