Matthias Efing

HEC Paris - Finance Department

Assistant Professor

France

http://matthiasefing.com/

Centre for Economic Policy Research (CEPR)

London

United Kingdom

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

Affiliate

Poschinger Str. 5

Munich, DE-81679

Germany

SCHOLARLY PAPERS

9

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Rank 16,723

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Top 16,723

in Total Papers Downloads

3,225

SSRN CITATIONS
Rank 9,962

SSRN RANKINGS

Top 9,962

in Total Papers Citations

25

CROSSREF CITATIONS

91

Scholarly Papers (9)

1.

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

Swiss Finance Institute Research Paper No. 15-65
Number of pages: 53 Posted: 01 Jan 2016 Last Revised: 13 Jan 2020
HEC Paris - Finance Department, Ecole Polytechnique Fédérale de Lausanne, Emory University - Goizueta Business School and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 893 (28,941)
Citation 2

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Reaching for Yield in the ABS Market: Evidence from German Bank Investments

Swiss Finance Institute Research Paper No. 14-65
Number of pages: 57 Posted: 25 Nov 2014 Last Revised: 25 Jul 2019
Matthias Efing
HEC Paris - Finance Department
Downloads 475 (65,942)
Citation 5

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Reaching for yield, asset-backed securities, financial regulation, credit ratings

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 51 (432,977)

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

3.

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
Ca Foscari University of Venice, HEC Paris - Finance Department and Federal Reserve Board
Downloads 475 (66,598)
Citation 4

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

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 390 (83,438)
Citation 1

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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 74 (357,606)
Citation 2

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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 (754,621)
Citation 1
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conflicts of interest, credit ratings, ratings inflation, structured debt

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 359 (92,227)
Citation 6

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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 49 (440,778)

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

6.
Downloads 208 (163,129)
Citation 2

Bank Bonus Pay as a Risk Sharing Contract

HEC Paris Research Paper No. FIN-2018-1285
Number of pages: 50 Posted: 29 Jun 2018 Last Revised: 03 Jun 2020
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and Swiss Finance Institute
Downloads 145 (224,081)

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Bank compensation, risk sharing, bank risk, operating leverage

Bank Bonus Pay as a Risk Sharing Contract

Swiss Finance Institute Research Paper No. 18-72, Proceedings of Paris December 2019 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 52 Posted: 20 Nov 2018 Last Revised: 11 Jun 2020
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), University of Tuebingen - Department of Managerial Accounting and Swiss Finance Institute
Downloads 63 (390,463)
Citation 1

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banker compensation, risk sharing, bonus pay, operating leverage

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
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 127 (249,029)

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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
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 29 (536,363)

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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
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 9 (679,699)
Citation 1

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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
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 2 (740,493)
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Bank Risk, Bonus Payments, Incentive Pay, Trading Income

8.

Freeze! Financial Sanctions and Bank Responses

Deutsche Bundesbank Discussion Paper No. 45/2018
Number of pages: 51 Posted: 07 Dec 2018 Last Revised: 21 Feb 2019
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 54 (415,153)

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

9.

Risk Managers in Banks

HEC Paris Research Paper No. FIN-2020-1388
Number of pages: 50 Posted: 18 Sep 2020 Last Revised: 30 Sep 2020
Matthias Efing and Patrick Kampkötter
HEC Paris - Finance Department and University of Tuebingen - Department of Managerial Accounting
Downloads 29 (522,292)

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risk management, governance, pay-for-performance, revolving doors, risk-taking