Sascha Steffen

Frankfurt School of Finance & Management

Adickesallee

32-34

Frankfurt, 60322

Germany

http://www.sascha-steffen.de

SCHOLARLY PAPERS

44

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21,682

SSRN CITATIONS
Rank 1,046

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Top 1,046

in Total Papers Citations

678

CROSSREF CITATIONS

444

Scholarly Papers (44)

1.
Downloads 1,504 ( 17,944)
Citation 44

Syndication, Interconnectedness, and Systemic Risk

Number of pages: 50 Posted: 19 Nov 2009 Last Revised: 18 Dec 2017
Washington University in St. Louis, ZEW – Leibniz Centre for European Economic Research, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 1,219 (24,189)
Citation 49

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Interconnectedness, networks, syndicated loans, systemic risk

Syndication, Interconnectedness, and Systemic Risk

NYU Working Paper No. 2451/31373
Number of pages: 50 Posted: 16 Dec 2011
Jian Cai, Anthony Saunders and Sascha Steffen
Washington University in St. Louis, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 285 (151,944)
Citation 2

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2.

A Zero-Risk Weight Channel of Sovereign Risk Spillovers

Number of pages: 49 Posted: 13 Feb 2014 Last Revised: 18 Jun 2019
Karolin Kirschenmann, Josef Korte and Sascha Steffen
ZEW – Leibniz Centre for European Economic Research, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 1,182 (25,686)
Citation 16

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sovereign debt, sovereign risk, spillovers, bank risk, CDS, zero risk weight exemption

Falling Short of Expectations? Stress-Testing the European Banking System

Number of pages: 25 Posted: 23 Dec 2013
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 884 (38,356)
Citation 37

Abstract:

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AQR, stress tests, banking union, bail-out

Falling Short of Expectations? Stress-Testing the European Banking System

CEPS Policy Brief No. 315
Number of pages: 21 Posted: 21 Jan 2014
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 265 (163,717)

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ECB, Asset Quality Review, AQR, European banks, European Banking System

4.

A Capital Structure Channel of Monetary Policy

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 67 Posted: 19 Jun 2017 Last Revised: 11 Dec 2018
Frankfurt School of Finance and Management, Frankfurt School of Finance & Management and Halle Institute for Economic Research
Downloads 1,033 (31,241)
Citation 29

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debt capital structure, bond debt, unconventional monetary policy, CSPP, real effects

5.
Downloads 1,033 ( 31,241)
Citation 10

Covenant Violations and Dynamic Loan Contracting

Journal of Corporate Finance, Forthcoming, AFA 2013 San Diego Meetings Paper, NYU Working Paper No. FIN-11-042
Number of pages: 74 Posted: 20 Nov 2011 Last Revised: 24 May 2017
Goethe University Frankfurt - Department of Finance, Deutsche Bundesbank - Research Centre, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 842 (41,040)
Citation 14

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Control Rights, Covenant Violation, Dynamic Loan Contracting, Stigma

Covenant Violations, Loan Contracting, and Default Risk of Bank Borrowers

NYU Working Paper No. 2451/31417
Number of pages: 42 Posted: 26 Jun 2013
New York University - Leonard N. Stern School of Business, Frankfurt School of Finance & Management, Goethe University Frankfurt - Department of Finance and Deutsche Bundesbank
Downloads 191 (223,644)

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6.

The 'Greatest' Carry Trade Ever? Understanding Eurozone Bank Risks

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 51 Posted: 29 Apr 2013 Last Revised: 30 Sep 2015
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 1,017 (31,957)
Citation 31

Abstract:

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Sovereign debt crisis, banking crisis, risk-shifting, regulatory arbitrage, home bias

7.

The Total Cost of Corporate Borrowing in the Loan Market: Don't Ignore the Fees

Journal of Finance, Forthcoming
Number of pages: 49 Posted: 02 Nov 2012 Last Revised: 03 Apr 2015
Tobias Berg, Anthony Saunders and Sascha Steffen
Frankfurt School of Finance & Management, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 962 (34,575)
Citation 48

Abstract:

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Options and syndicated loans, fees, asymmetric information

What Do a Million Observations Have to Say About Loan Defaults? Opening the Black Box of Relationships

Number of pages: 40 Posted: 17 Mar 2010 Last Revised: 30 Jan 2017
Manju Puri, Jörg Rocholl and Sascha Steffen
Duke University - Fuqua School of Business, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 711 (51,431)
Citation 37

Abstract:

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Bank lending, relationship specific information, discretion, loan defaults, monitoring, screening

On the Importance of Prior Relationships in Bank Loans to Retail Customers

ECB Working Paper No. 1395
Number of pages: 73 Posted: 21 Nov 2011
Manju Puri, Jörg Rocholl and Sascha Steffen
Duke University - Fuqua School of Business, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 227 (190,475)

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retail banking, relationships, default rates, monitoring, screening

9.

Analyzing Systemic Risk of the European Banking Sector

Handbook on Systemic Risk, J.P. Fouque and J. Langsam, eds., Cambridge University Press, Forthcoming
Number of pages: 37 Posted: 23 Sep 2012
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 902 (37,848)

Abstract:

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Banks, Systemic risk, Europe

10.

'Brexit' and the Contraction of Syndicated Lending

Number of pages: 36 Posted: 23 Nov 2016 Last Revised: 27 May 2020
Frankfurt School of Finance & Management, New York University - Leonard N. Stern School of Business, Frankfurt School of Finance & Management and Frankfurt School of Finance & Management
Downloads 889 (38,622)
Citation 4

Abstract:

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Brexit, Syndicated Loans, Competition, Financial Centers

11.

The Wolves of Wall Street? Managerial Attributes and Bank Risk

Number of pages: 43 Posted: 08 Oct 2015 Last Revised: 08 Jun 2021
King's College London - King's Business School, New York University - Leonard N. Stern School of Business, Frankfurt School of Finance & Management and Durham University
Downloads 840 (41,738)
Citation 3

Abstract:

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Banks, managerial style, corporate governance, risk

12.
Downloads 832 ( 42,284)
Citation 19

Government Guarantees and Bank Risk Taking Incentives

AFA 2012 Chicago Meetings Paper
Number of pages: 52 Posted: 15 Mar 2011 Last Revised: 12 Feb 2014
Goethe University Frankfurt - Department of Finance, CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 448 (92,038)
Citation 9

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Government Guarantees, Exits, Risk Taking, Franchise Value, Financial Crisis, Loans

Government Guarantees and Bank Risk Taking Incentives

ESMT Working Paper No. 14-02
Number of pages: 56 Posted: 13 Feb 2014
Goethe University Frankfurt - Department of Finance, CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 193 (221,602)
Citation 20

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Government guarantees, exits, risk taking, franchise value, financial crisis, loans

Government Guarantees and Bank Risk Taking Incentives

CESifo Working Paper Series No. 4706
Number of pages: 53 Posted: 16 Apr 2014
Goethe University Frankfurt - Department of Finance, CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 191 (223,644)

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government guarantees, exits, risk taking, franchise value, financial crisis, loans

13.

The Costs of Being Private: Evidence from the Loan Market

Review of Financial Studies, Forthcoming
Number of pages: 57 Posted: 01 Feb 2009 Last Revised: 30 May 2011
Anthony Saunders and Sascha Steffen
New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 746 (48,899)
Citation 23

Abstract:

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Banks, Syndicated loans, Costs of being private

14.

Lender of Last Resort, Buyer of Last Resort, and a Fear of Fire Sales in the Sovereign Bond Market

ZEW - Centre for European Economic Research Discussion Paper No. 16-019, Swiss Finance Institute Research Paper No. 18-35
Number of pages: 67 Posted: 12 Apr 2016 Last Revised: 28 Dec 2020
ProfessorNew York University - Leonard N. Stern School of Business, Universite du Luxembourg - Luxembourg School of Finance and Frankfurt School of Finance & Management
Downloads 727 (50,598)
Citation 3

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Bank-sovereign nexus, ECB, financial stability, unconventional monetary policy

Global Retail Lending in the Aftermath of the US Financial Crisis: Distinguishing between Supply and Demand Effects

Number of pages: 52 Posted: 02 May 2009 Last Revised: 15 Jun 2010
Manju Puri, Jörg Rocholl and Sascha Steffen
Duke University - Fuqua School of Business, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 614 (62,244)
Citation 3

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Global Retail Lending in the Aftermath of the US Financial Crisis: Distinguishing between Supply and Demand Effects

FDIC Working Paper No. 2011-05
Number of pages: 54 Posted: 10 Jan 2012
Manju Puri, Jörg Rocholl and Sascha Steffen
Duke University - Fuqua School of Business, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 64 (482,072)
Citation 40

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Global Retail Lending in the Aftermath of the Us Financial Crisis: Distinguishing between Supply and Demand Effects

NBER Working Paper No. w16967
Number of pages: 53 Posted: 25 Apr 2011 Last Revised: 23 May 2022
Manju Puri, Jörg Rocholl and Sascha Steffen
Duke University - Fuqua School of Business, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 31 (650,417)

Abstract:

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Mind the Gap: The Difference between U.S. and European Loan Rates

Number of pages: 55 Posted: 30 Nov 2013 Last Revised: 04 Sep 2017
Frankfurt School of Finance & Management, New York University - Leonard N. Stern School of Business, Frankfurt School of Finance & Management and Halle Institute for Economic Research
Downloads 558 (70,355)
Citation 3

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Loans, corporate debt, fees, market integration, globalization

Mind the Gap: The Difference between U.S. and European Loan Rates

ZEW - Centre for European Economic Research Discussion Paper No. 16-018
Number of pages: 50 Posted: 12 Apr 2016
Frankfurt School of Finance & Management, New York University - Leonard N. Stern School of Business, Frankfurt School of Finance & Management and Halle Institute for Economic Research
Downloads 48 (552,111)
Citation 16

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Loans, corporate debt, fees, market integration, globalization

17.

Corporate Loan Spreads and Economic Activity

NYU Stern School of Business Forthcoming
Number of pages: 52 Posted: 09 Jan 2021 Last Revised: 12 Oct 2021
New York University - Leonard N. Stern School of Business, Copenhagen Business School, Frankfurt School of Finance & Management and Halle Institute for Economic Research
Downloads 600 (64,891)

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Credit spreads, Secondary loan market, Bonds, Credit supply, Business cycle

18.
Downloads 584 ( 67,144)

Trends in Corporate Borrowing

Annual Review of Financial Economics, Vol. 13, pp. 321-340, 2021
Posted: 09 Nov 2021
Tobias Berg, Anthony Saunders and Sascha Steffen
Frankfurt School of Finance & Management, New York University (NYU) and Frankfurt School of Finance & Management

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Trends in Corporate Borrowing

Annual Review of Financial Economics 2020, NYU Stern School of Business Forthcoming
Number of pages: 42 Posted: 25 Oct 2020
Tobias Berg, Anthony Saunders and Sascha Steffen
Frankfurt School of Finance & Management, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 584 (66,383)
Citation 2

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Corporate borrowing, loans, bonds, contingent liquidity, institutional investors, loan purposes

Why Did Bank Stocks Crash during COVID-19?

NYU Stern School of Business Forthcoming
Number of pages: 74 Posted: 09 Mar 2021 Last Revised: 02 Sep 2021
ProfessorNew York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Finance and Frankfurt School of Finance & Management
Downloads 434 (95,474)
Citation 1

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Credit lines, liquidity risk, bank capital, loan supply, stress tests, pandemic, COVID-19

Why Did Bank Stocks Crash During Covid-19?

NBER Working Paper No. w28559
Number of pages: 83 Posted: 15 Mar 2021 Last Revised: 15 Jul 2022
ProfessorNew York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Finance and Frankfurt School of Finance & Management
Downloads 86 (408,102)

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Why Did Bank Stocks Crash During Covid-19?

CEPR Discussion Paper No. DP15901
Number of pages: 85 Posted: 15 Mar 2021 Last Revised: 14 May 2021
ProfessorNew York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Finance and Frankfurt School of Finance & Management
Downloads 3 (921,102)
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Kicking the Can Down the Road: Government Interventions in the European Banking Sector

Number of pages: 62 Posted: 14 Oct 2018 Last Revised: 07 Jul 2020
ProfessorNew York University - Leonard N. Stern School of Business, University of Mannheim, University of Mannheim - Department of Economics and Frankfurt School of Finance & Management
Downloads 511 (78,510)
Citation 4

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regulatory forbearance; evergreening; zombie lending; sovereign debt crisis; bank recapitalization; fiscal constraints; political economy

Kicking the Can Down the Road: Government Interventions in the European Banking Sector

NBER Working Paper No. w27537
Number of pages: 63 Posted: 24 Jul 2020 Last Revised: 29 Sep 2022
ProfessorNew York University - Leonard N. Stern School of Business, University of Mannheim, University of Mannheim - Department of Economics and Frankfurt School of Finance & Management
Downloads 3 (921,102)

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Kicking the Can Down the Road: Government Interventions in the European Banking Sector

CEPR Discussion Paper No. DP15009
Number of pages: 65 Posted: 28 Jul 2020 Last Revised: 16 Aug 2020
ProfessorNew York University - Leonard N. Stern School of Business, University of Mannheim - Department of Economics, Frankfurt School of Finance & Management and University of Mannheim
Downloads 1 (953,329)
Citation 5
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Bank Recapitalization, evergreening, fiscal constraints, Forbearance, political economy, sovereign debt crisis, zombie lending

The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of COVID

Review of Corporate Finance Studies (Forthcoming), NYU Stern School of Business Forthcoming
Number of pages: 54 Posted: 08 Oct 2020
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 258 (168,141)
Citation 4

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COVID-19, credit lines, credit risk, cash holdings, fallen angels

The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of COVID

NYU Stern School of Business
Number of pages: 54 Posted: 28 Jul 2020
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 149 (276,421)
Citation 3

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Liquidity, liquidity risk, cash holdings, bank lines of credit, pandemic

The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of Covid

NBER Working Paper No. w27601
Number of pages: 54 Posted: 04 Aug 2020 Last Revised: 17 Jun 2022
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 80 (426,343)
Citation 34

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The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of COVID

CEPR Discussion Paper No. DP15073
Number of pages: 57 Posted: 28 Jul 2020 Last Revised: 21 Aug 2020
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 0
Citation 1
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Bank lines of credit, cash holdings, liquidity, liquidity risk, Pandemic

22.

Capital Misallocation and Innovation

Number of pages: 40 Posted: 05 Dec 2019 Last Revised: 02 Nov 2020
University of Mannheim, University of Mannheim, Frankfurt School of Finance & Management and Halle Institute for Economic Research
Downloads 414 (101,719)
Citation 1

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innovation, capital misallocation, competition, zombie lending

23.

Bank Capital, Competition and Loan Spreads

Number of pages: 27 Posted: 14 Feb 2012 Last Revised: 15 Feb 2012
Markus Fischer, Julian A. Mattes and Sascha Steffen
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Department of Finance and Frankfurt School of Finance & Management
Downloads 388 (109,656)
Citation 5

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capital ratio, competition, information asymmetry, loan spreads

24.

Robustness, Validity and Significance of the ECB's Asset Quality Review and Stress Test Exercise

Number of pages: 42 Posted: 02 Nov 2014
Sascha Steffen
Frankfurt School of Finance & Management
Downloads 376 (113,540)
Citation 11

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SSM, Banking Union, ECB, stress test

25.

Loan Syndication Structures and Price Collusion

Number of pages: 50 Posted: 09 Oct 2018
Washington University in St. Louis, ZEW – Leibniz Centre for European Economic Research, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 351 (122,599)
Citation 3

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Syndicated Loans, Loan Syndication Structure, Loan Pricing, Price Collusion

26.

Does the Lack of Financial Stability Impair the Transmission of Monetary Policy?

Number of pages: 56 Posted: 16 Nov 2015 Last Revised: 14 Nov 2019
ProfessorNew York University - Leonard N. Stern School of Business, Deutsche Bundesbank - Research Centre, Frankfurt School of Finance & Management and Goethe University Frankfurt - House of Finance
Downloads 312 (138,943)
Citation 8

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Central Bank Liquidity, Unconventional Monetary Policy, Monetary Policy Transmission, Corporate Deposits, Financial Crisis, Banking Crisis, Loans, Real Effects

27.

Rules Versus Discretion in Bank Lending Decisions

Number of pages: 43 Posted: 20 Mar 2011
Manju Puri, Jörg Rocholl and Sascha Steffen
Duke University - Fuqua School of Business, ESMT European School of Management and Technology and Frankfurt School of Finance & Management
Downloads 280 (155,445)
Citation 14

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Bank lending, discretion, soft information, default rates

28.

Do Information Rents in Loan Spreads Persist over the Business Cycles?

Journal of Financial Services Research, Forthcoming
Number of pages: 29 Posted: 03 Mar 2008 Last Revised: 08 Feb 2012
Julian A. Mattes, Sascha Steffen and Mark Wahrenburg
Goethe University Frankfurt - Department of Finance, Frankfurt School of Finance & Management and Faculty of Economics and Business Administration
Downloads 277 (157,156)
Citation 3

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Syndicated loans, Hold-up, Lending relationships, Business cycle

29.

Diversification or Specialization? An Analysis of Distance and Collaboration in Loan Syndication Networks

Number of pages: 47 Posted: 25 Feb 2017
Washington University in St. Louis, ZEW – Leibniz Centre for European Economic Research, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 254 (171,429)
Citation 3

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Syndicated loans, Networks, Bank competition, Specialization, Screening

30.

Similar Investors

Number of pages: 70 Posted: 09 Oct 2018 Last Revised: 03 Mar 2020
Co-Pierre Georg, Diane Pierret and Sascha Steffen
University of Cape Town, Universite du Luxembourg - Luxembourg School of Finance and Frankfurt School of Finance & Management
Downloads 253 (172,105)
Citation 1

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institutional investors, liquidity risk, wholesale funding

Zombie Lending: Theoretical, International, and Historical Perspectives

Number of pages: 28 Posted: 18 Nov 2021 Last Revised: 28 Mar 2022
ProfessorNew York University - Leonard N. Stern School of Business, Federal Reserve Banks - Federal Reserve Bank of New York, Erasmus University Rotterdam (EUR) and Frankfurt School of Finance & Management
Downloads 230 (188,128)

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zombie credit, credit misallocation, capital misallocation, bank capital, undercapitalized banks, interst rate subsidy, spillovers

Zombie Lending: Theoretical, International and Historical Perspectives

NBER Working Paper No. w29904
Number of pages: 29 Posted: 04 Apr 2022 Last Revised: 17 Sep 2022
ProfessorNew York University - Leonard N. Stern School of Business, Federal Reserve Banks - Federal Reserve Bank of New York, Erasmus University Rotterdam (EUR) and Frankfurt School of Finance & Management
Downloads 3 (921,102)
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Zombie Lending: Theoretical, International, and Historical Perspectives

CEPR Discussion Paper No. DP16685
Number of pages: 31 Posted: 09 Nov 2021 Last Revised: 29 Mar 2022
ProfessorNew York University - Leonard N. Stern School of Business, Federal Reserve Banks - Federal Reserve Bank of New York, Erasmus University Rotterdam (EUR) and Frankfurt School of Finance & Management
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bank capital, capital misallocation, Credit misallocation, interst rate subsidy, Spillovers, undercapitalized banks, zombie credit

32.

Does the Lack of Financial Stability Impair the Transmission of Monetary Policy?

CFS Working Paper, No. 620, 2019
Number of pages: 60 Posted: 07 May 2019 Last Revised: 21 May 2019
Government of India - Reserve Bank of India, Deutsche Bundesbank - Research Centre, Frankfurt School of Finance & Management and Goethe University Frankfurt - House of Finance
Downloads 192 (222,743)
Citation 1

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central bank liquidity, monetary policy transmission, corporate deposits, financial crisis, lender of last resort, banking crisis, loans, real effects

33.

The Total Costs of Corporate Borrowing in the Loan Market: Don't Ignore the Fees

ZEW - Centre for European Economic Research Discussion Paper No. 17
Number of pages: 51 Posted: 14 Sep 2018
Tobias Berg, Anthony Saunders and Sascha Steffen
Frankfurt School of Finance & Management, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 173 (243,710)
Citation 32

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34.

The Zero Risk Fallacy? Banks' Sovereign Exposure and Sovereign Risk Spillovers

ZEW - Centre for European Economic Research Discussion Paper No. 17-069
Number of pages: 62 Posted: 21 Dec 2017
Karolin Kirschenmann, Josef Korte and Sascha Steffen
ZEW – Leibniz Centre for European Economic Research, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 132 (303,051)
Citation 21

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Sovereign debt, sovereign risk, bank risk, CDS, contagion, zero risk weight, Basel III, CRD, EBA capital exercise

35.

Are risky banks disciplined by large corporate depositors?

Number of pages: 48 Posted: 01 Mar 2021 Last Revised: 15 Dec 2021
Björn Imbierowicz, Anthony Saunders and Sascha Steffen
Deutsche Bundesbank - Research Centre, New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 94 (382,731)

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Auctions, Banks, Corporate deposits, Market discipline, Monetary policy

36.

Online Appendix to 'Brexit' and the Contraction of Syndicated Lending

NYU Stern School of Business
Number of pages: 42 Posted: 22 Jun 2020
Frankfurt School of Finance & Management, New York University - Leonard N. Stern School of Business, Frankfurt School of Finance & Management and Frankfurt School of Finance & Management
Downloads 63 (479,367)
Citation 9

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Brexit, Syndicated Loans, Banks, Financial Centers

37.

Feasibility Check: Transition to a New Regime for Bank Sovereign Exposure?

Number of pages: 46 Posted: 01 May 2018
Yannik Schneider and Sascha Steffen
University of Mannheim and Frankfurt School of Finance & Management
Downloads 36 (603,840)
Citation 1

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sovereign bonds, banks, safe assets, regulation

38.

Does the Lack of Financial Stability Impair the Transmission of Monetary Policy?

Deutsche Bundesbank Discussion Paper No. 48/2019, NYU Stern School of Business
Number of pages: 55 Posted: 26 Feb 2020
ProfessorNew York University - Leonard N. Stern School of Business, Deutsche Bundesbank - Research Centre, Frankfurt School of Finance & Management and Goethe University Frankfurt - House of Finance
Downloads 26 (668,072)
Citation 1

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Central bank liquidity, Monetary policy transmission, Corporate deposits, Financial crisis, Lender of last resort, Loans, Real effects

39.

Liquidity Dependence: Why Shrinking Central Bank Balance Sheets is an Uphill Task

Number of pages: 64
ProfessorNew York University - Leonard N. Stern School of Business, University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Frankfurt School of Finance & Management
Downloads 20

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Federal Reserve, quantitative easing, large-scale asset purchases, quantitative tightening, Fed normalization, deposits, lines of credit, financial stability, financial fragility, monetary policy

40.

The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks

NBER Working Paper No. w19039
Number of pages: 66 Posted: 11 May 2013 Last Revised: 23 May 2022
Viral V. Acharya, Viral V. Acharya and Sascha Steffen
ProfessorNew York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management
Downloads 17 (739,563)
Citation 49

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41.

Does the Lack of Financial Stability Impair the Transmission of Monetary Policy?

NBER Working Paper No. w26479
Number of pages: 56 Posted: 27 Nov 2019 Last Revised: 23 May 2022
ProfessorNew York University - Leonard N. Stern School of Business, Deutsche Bundesbank, Frankfurt School of Finance & Management and Goethe University Frankfurt - House of Finance
Downloads 8 (826,558)
Citation 1

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42.

Bank Capital and the European Recovery from the COVID-19 Crisis

CEPR Discussion Paper No. DP14927
Number of pages: 24 Posted: 29 Jun 2020
Moritz Schularick, Sascha Steffen and Tobias H. Troeger
University of Bonn - Department of Economics, Frankfurt School of Finance & Management and Leibniz Institute for Financial Research SAFE
Downloads 5 (859,505)
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bank capital, COVID-19, financial stablity

43.

Do Debt Investors Care about ESG Ratings?

Posted: 10 Mar 2022
Kornelia Fabisik, Larissa Schäfer and Sascha Steffen
University of Bern - Institute for Financial Management, Frankfurt School of Finance & Management and Frankfurt School of Finance & Management

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ESG ratings, Climate finance, Loan spreads, Private firms

44.

Exit Strategies of Buyout Investments - An Empirical Analysis

EFA 2008 Athens Meetings Paper, https://doi.org/10.3905/JAI.2010.12.4.058
Posted: 22 May 2019
Sascha Steffen, Daniel Schmidt and Franziska Szabó
Frankfurt School of Finance & Management, University of Frankfurt, CEPRES Center of Private Equity Research and affiliation not provided to SSRN

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Leveraged Buyouts, Private Equity, Exits, Business cycle