Falko Fecht

Frankfurt School of Finance & Management

Professor for Financial Economics

Adickesallee 32-34

Frankfurt am Main, 60322

Germany

SCHOLARLY PAPERS

41

DOWNLOADS
Rank 10,787

SSRN RANKINGS

Top 10,787

in Total Papers Downloads

6,307

SSRN CITATIONS
Rank 2,417

SSRN RANKINGS

Top 2,417

in Total Papers Citations

343

CROSSREF CITATIONS

197

Scholarly Papers (41)

Is Proprietary Trading Detrimental to Retail Investors?

Number of pages: 58 Posted: 12 Mar 2011 Last Revised: 15 Aug 2017
Frankfurt School of Finance & Management, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 833 (40,495)
Citation 2

Abstract:

Loading...

Conflict of interests, universal banks, proprietary trading, retail investment, retail banking

Is Proprietary Trading Detrimental to Retail Investors?

Bundesbank Discussion Paper No. 42/2013
Number of pages: 40 Posted: 21 Jun 2016
Frankfurt School of Finance & Management, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 110 (338,883)
Citation 4

Abstract:

Loading...

conflict of interests, universal banks, proprietary trading, retail investment, retail banking

Is Proprietary Trading Detrimental to Retail Investors?

Journal of Finance, Forthcoming
Number of pages: 58 Posted: 18 Mar 2012 Last Revised: 18 Aug 2017
Frankfurt School of Finance & Management, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 44 (557,969)
Citation 2

Abstract:

Loading...

Conflict of interest, universal banks, proprietary trading, retail investment, retail banking

Financial Integration, Specialization, and Systemic Risk

Number of pages: 25 Posted: 06 Mar 2007
Falko Fecht, H. P. Gruner and Philipp Hartmann
Frankfurt School of Finance & Management, University of Mannheim - Department of Economics and European Central Bank (ECB)
Downloads 337 (124,161)
Citation 8

Abstract:

Loading...

Financial integration, interbank market, specialization, financial contagion

Financial Integration, Specialization and Systemic Risk

ECB Working Paper No. 1425
Number of pages: 49 Posted: 21 Feb 2012
Frankfurt School of Finance & Management, University of Mannheim and European Central Bank (ECB)
Downloads 120 (318,604)

Abstract:

Loading...

financial integration, specialization, interbank market, financial contagion

Financial Integration, Specialization and Systemic Risk

Bundesbank Series 1 Discussion Paper No. 2008,23
Number of pages: 56 Posted: 08 Jun 2016
Falko Fecht, Hans Grüner and Philipp Hartmann
Frankfurt School of Finance & Management, University of Manheim and European Central Bank (ECB)
Downloads 17 (742,266)

Abstract:

Loading...

Financial integration, specialization, interbank market, financial contagion

Financial Integration, Specialization, and Systemic Risk

CEPR Discussion Paper No. DP8854
Number of pages: 47 Posted: 01 Mar 2012
Falko Fecht, H. P. Gruner and Philipp Hartmann
Frankfurt School of Finance & Management, University of Mannheim - Department of Economics and European Central Bank (ECB)
Downloads 1 (914,453)
Citation 2
  • Add to Cart

Abstract:

Loading...

financial contagion, Financial integration, interbank market, risk sharing, specialization

Collateral, Central Bank Repos, and Systemic Arbitrage

Swiss Finance Institute Research Paper No. 16-66
Number of pages: 58 Posted: 18 Nov 2016
Frankfurt School of Finance & Management, University of Zurich - Department of Banking and Finance, ESMT European School of Management and Technology and University of Zurich
Downloads 430 (93,945)
Citation 9

Abstract:

Loading...

Collateral, repo, systemic arbitrage, central bank, collateral policy, banks, liquidity, interbank market, financial stability, financial fragmentation

Collateral, Central Bank Repos, and Systemic Arbitrage

CEPR Discussion Paper No. DP11663
Number of pages: 59 Posted: 29 Nov 2016
Frankfurt School of Finance & Management, University of Zurich - Department of Banking and Finance, ESMT European School of Management and Technology and University of Zurich
Downloads 0
  • Add to Cart

Abstract:

Loading...

banks, central bank, Collateral, collateral policy, financial fragmentation, financial stability, interbank market, liquidity, repo, systemic arbitrage

Cross-Border Interbank Liquidity, Crises, and Monetary Policy

Journal of International Economics, Forthcoming
Number of pages: 53 Posted: 26 Feb 2015 Last Revised: 11 Sep 2020
Deutsche Bundesbank, Federal Reserve Banks - Federal Reserve Bank of Boston, Frankfurt School of Finance & Management and Imperial College London
Downloads 270 (156,483)
Citation 16

Abstract:

Loading...

international liquidity, financial crises, cross-border lending, monetary policy, banks.

Cross-Border Liquidity, Relationships and Monetary Policy: Evidence from the Euro Area Interbank Crisis

Bundesbank Discussion Paper No. 45/2014
Number of pages: 54 Posted: 21 Jun 2016
Deutsche Bundesbank, Frankfurt School of Finance & Management, Federal Reserve Banks - Federal Reserve Bank of Boston and Imperial College London
Downloads 75 (431,569)

Abstract:

Loading...

interbank liquidity, financial crises, monetary policy, credit supply, credit rationing, information asymmetry, euro area, financial globalization

Cross-Border Liquidity, Relationships and Monetary Policy: Evidence from the Euro Area Interbank Crisis

CEPR Discussion Paper No. DP10479
Posted: 09 Mar 2015
Deutsche Bundesbank, Federal Reserve Banks - Federal Reserve Bank of Boston, Frankfurt School of Finance & Management and Imperial College London
Downloads 1 (914,453)
  • Add to Cart

Abstract:

Loading...

credit rationing, credit supply, euro area, financial crises, financial globalization, information asymmetry, interbank liquidity, monetary policy

Money Market Derivatives and the Allocation of Liquidity Risk in the Banking Sector

EFA 2006 Zurich Meetings
Number of pages: 30 Posted: 12 Jun 2006
Hendrik Hakenes and Falko Fecht
Finance Group and Frankfurt School of Finance & Management
Downloads 301 (139,919)

Abstract:

Loading...

Liquidity, money market derivatives, lines of credit, forward contracts, options

Money Market Derivatives and the Allocation of Liquidity Risk in the Banking Sector

Bundesbank Series 2 Discussion Paper No. 2006,12
Number of pages: 52 Posted: 08 Jun 2016
Falko Fecht and Hendrik Hakenes
Frankfurt School of Finance & Management and Finance Group
Downloads 12 (789,140)

Abstract:

Loading...

Liquidity, money market derivatives, lines of credit, forward contracts, options

The Price of Liquidity: Bank Characteristics and Market Conditions

Swiss Finance Institute Research Paper No. 10-20
Number of pages: 54 Posted: 16 Jun 2010
Falko Fecht, Kjell G. Nyborg and Jörg Rocholl
Frankfurt School of Finance & Management, University of Zurich - Department of Banking and Finance and ESMT European School of Management and Technology
Downloads 221 (190,429)
Citation 4

Abstract:

Loading...

banks, liquidity, money markets, repos, short squeezing, financial health

The Price of Liquidity: Bank Characteristics and Market Conditions

Number of pages: 51 Posted: 12 Apr 2010
Falko Fecht, Jörg Rocholl and Kjell G. Nyborg
Frankfurt School of Finance & Management, ESMT European School of Management and Technology and University of Zurich - Department of Banking and Finance
Downloads 45 (552,853)
Citation 3

Abstract:

Loading...

banks, liquidity, money markets, repos, short squeezing, financial health

The Price of Liquidity: Bank Characteristics and Market Conditions

Bundesbank Series 1 Discussion Paper No. 2008,30
Number of pages: 72 Posted: 08 Jun 2016
Falko Fecht, Kjell G. Nyborg and Jörg Rocholl
Frankfurt School of Finance & Management, University of Zurich - Department of Banking and Finance and ESMT European School of Management and Technology
Downloads 29 (646,614)

Abstract:

Loading...

liquidity, banking, squeezes, money markets, repo auctions

The Price of Liquidity: Bank Characteristics and Market Conditions

CEPR Discussion Paper No. DP7794
Number of pages: 54 Posted: 19 May 2010
Falko Fecht, Kjell G. Nyborg and Jörg Rocholl
Frankfurt School of Finance & Management, University of Zurich - Department of Banking and Finance and ESMT European School of Management and Technology
Downloads 2 (898,262)
  • Add to Cart

Abstract:

Loading...

banks, financial health, liquidity, money markets, repos, short squeezing

7.
Downloads 266 (159,570)
Citation 7

On the Stability of Different Financial Systems

Deutsche Bundesbank Economic Research Centre Working Paper No. 10/03
Number of pages: 56 Posted: 28 May 2003
Falko Fecht
Frankfurt School of Finance & Management
Downloads 262 (161,392)
Citation 5

Abstract:

Loading...

Comparing financial systems, liquidity crises, financial fragility, bank runs, financial contagion

On the Stability of Different Financial Systems

Bundesbank Series 1 Discussion Paper No. 2003,10
Number of pages: 56 Posted: 08 Jun 2016
Falko Fecht
Frankfurt School of Finance & Management
Downloads 4 (872,059)

Abstract:

Loading...

8.

Corporate Transparency and Bond Liquidity

University of St.Gallen, School of Finance Working Paper No. 2014/4
Number of pages: 50 Posted: 10 Mar 2014
Falko Fecht, Roland Füss and Philipp B. Rindler
Frankfurt School of Finance & Management, University of St. Gallen - School of Finance and EBS Universität für Wirtschaft und Recht - EBS Business School
Downloads 207 (202,850)
Citation 1

Abstract:

Loading...

Corporate Bonds, Liquidity, Transparency, Information Quality, Financial Crises

9.
Downloads 204 (205,642)
Citation 5

Financial Intermediaries, Markets, and Growth

FRB of Kansas City Working Paper No. 04-02
Number of pages: 49 Posted: 05 Aug 2004
Frankfurt School of Finance & Management, Federal Reserve Bank of PhiladelphiaVanderbilt University - College of Arts and Science - Department of Economics and Federal Reserve Bank of New York - Research and Statistics
Downloads 185 (224,278)
Citation 6

Abstract:

Loading...

Financial Intermediaries, Financial Markets, Risk-Sharing, Growth

Financial Intermediaries, Markets and Growth

Bundesbank Series 1 Discussion Paper No. 2005,03
Number of pages: 60 Posted: 08 Jun 2016
Frankfurt School of Finance & Management, Federal Reserve Bank of PhiladelphiaVanderbilt University - College of Arts and Science - Department of Economics and Federal Reserve Bank of New York - Research and Statistics
Downloads 18 (733,510)

Abstract:

Loading...

Financial Intermediaries, Risk Sharing, Finance and Growth, Comparing Financial Systems

Financial Intermediaries, Markets, and Growth

FRB of Philadelphia Working Paper No. 04-24
Number of pages: 53 Posted: 14 Jun 2021
Frankfurt School of Finance & Management and Federal Reserve Bank of PhiladelphiaVanderbilt University - College of Arts and Science - Department of Economics
Downloads 1 (914,453)

Abstract:

Loading...

Limits to International Banking Consolidation

Number of pages: 44 Posted: 28 Feb 2007
Falko Fecht and H. P. Gruner
Frankfurt School of Finance & Management and University of Mannheim - Department of Economics
Downloads 180 (229,699)
Citation 1

Abstract:

Loading...

Bank Mergers, Financial Integration, Liquidity Transformation, Liquidity Crisis, Risk Sharing

Limits to International Banking Consolidation

Bundesbank Series 2 Discussion Paper No. 2006,11
Number of pages: 44 Posted: 08 Jun 2016
Falko Fecht and Hans Grüner
Frankfurt School of Finance & Management and University of Manheim
Downloads 13 (779,392)

Abstract:

Loading...

Bank Mergers, Financial Integration, Liquidity Transformation, Liquidity Crisis, Risk Sharing

The Role of Interbank Relationships and Liquidity Needs

Journal of Banking and Finance, Vol. 53, 2015
Number of pages: 43 Posted: 17 Mar 2012 Last Revised: 07 Aug 2015
Federal Reserve Bank of Cleveland, Frankfurt School of Finance & Management and VU University AmsterdamVrije Universiteit Amsterdam, School of Business and Economics
Downloads 140 (283,345)
Citation 2

Abstract:

Loading...

interbank markets, liquidity, relationship lending, networks

The Role of Interbank Relationships and Liquidity Needs

FRB of Cleveland Working Paper No. 14-21
Number of pages: 42 Posted: 19 Oct 2014 Last Revised: 10 Jan 2015
Federal Reserve Bank of Cleveland, Frankfurt School of Finance & Management and VU University AmsterdamVrije Universiteit Amsterdam, School of Business and Economics
Downloads 27 (660,955)
Citation 4

Abstract:

Loading...

Interbank markets, liquidity, relationship lending, networks

The Role of Interbank Relationships and Liquidity Needs

Bundesbank Discussion Paper No. 54/2013
Number of pages: 44 Posted: 21 Jun 2016
Federal Reserve Bank of Cleveland, Frankfurt School of Finance & Management and VU University AmsterdamVrije Universiteit Amsterdam, School of Business and Economics
Downloads 22 (699,973)
Citation 1

Abstract:

Loading...

Interbank markets, liquidity, relationship lending, networks

Optimal Lender of Last Resort Policy in Different Financial Systems

Number of pages: 30 Posted: 24 Jun 2004
Falko Fecht and Marcel Tyrell
Frankfurt School of Finance & Management and University of Frankfurt
Downloads 179 (230,845)
Citation 1

Abstract:

Loading...

Comparing Financial Systems, Lender of Last Resort, Liquidity Crises, Financial Contagion

Optimal Lender of Last Resort Policy in Different Financial Systems

Bundesbank Series 1 Discussion Paper No. 2004,39
Number of pages: 49 Posted: 08 Jun 2016
Falko Fecht and Marcel Tyrell
Frankfurt School of Finance & Management and Goethe University Frankfurt - Department of Finance
Downloads 8 (829,182)
Citation 1

Abstract:

Loading...

Financial Crises, Lender of Last Resort, Comparing Financial Systems

The Dark and the Bright Side of Liquidity Risks: Evidence from Open-End Real Estate Funds in Germany

Deutsche Bundesbank Discussion Paper Series 2, Banking and Financial Studies, 10/2009
Number of pages: 52 Posted: 19 Oct 2009
Falko Fecht and Michael Wedow
Frankfurt School of Finance & Management and European Central Bank (ECB) - Directorate Financial Stability and Supervision
Downloads 95 (373,725)
Citation 1

Abstract:

Loading...

liquidity crisis, runs, strategic complementarities

The Dark and the Bright Side of Liquidity Risks: Evidence from Open-End Real Estate Funds in Germany

Number of pages: 38 Posted: 18 Mar 2010
Falko Fecht and Michael Wedow
Frankfurt School of Finance & Management and European Central Bank (ECB) - Directorate Financial Stability and Supervision
Downloads 60 (485,848)
Citation 9

Abstract:

Loading...

Liquidity Crisis, Runs, Strategic Complementarities

The Dark and the Bright Side of Liquidity Risks: Evidence from Open-End Real Estate Funds in Germany

Bundesbank Series 2 Discussion Paper No. 2009,10
Number of pages: 52 Posted: 08 Jun 2016
Falko Fecht and Michael Wedow
Frankfurt School of Finance & Management and European Central Bank (ECB) - Directorate Financial Stability and Supervision
Downloads 29 (646,614)

Abstract:

Loading...

Liquidity crisis, runs, strategic complementarities

The Fire-Sale Channels of Universal Banks in the European Sovereign Debt Crisis

Number of pages: 60 Posted: 25 Jul 2018 Last Revised: 25 Nov 2018
Giulio Bagattini, Falko Fecht and Patrick Weber
Frankfurt School of Finance & Management, Frankfurt School of Finance & Management and Deutsche Bundesbank
Downloads 88 (392,336)
Citation 4

Abstract:

Loading...

Financial Conglomerates, Universal Banks, Fire Sales, Sovereign Debt Crises, Liquidity Provision, Liquidity Insurance

The Fire-sale Channels of Universal Banks in the European Sovereign Debt Crisis

Deutsche Bundesbank Discussion Paper No. 43/2019
Number of pages: 64 Posted: 20 Dec 2019
Giulio Bagattini, Falko Fecht and Patrick Weber
Frankfurt School of Finance & Management, Frankfurt School of Finance & Management and Deutsche Bundesbank
Downloads 47 (542,957)

Abstract:

Loading...

fire sales,sovereign bonds,own account trading,bankaffiliated mutual funds,conflict of interest

The Fire-Sale Channels of Universal Banks in the European Sovereign Debt Crisis

Number of pages: 54 Posted: 24 May 2018
Giulio Bagattini, Falko Fecht and Patrick Weber
Frankfurt School of Finance & Management, Frankfurt School of Finance & Management and Deutsche Bundesbank
Downloads 43 (563,131)

Abstract:

Loading...

Mutual funds, conflict of interest, sovereign debt, fire-sale contagion

Relationship Lending in the Interbank Market and the Price of Liquidity

Bundesbank Discussion Paper No. 22/2012
Number of pages: 68 Posted: 21 Jun 2016
Falk Bräuning and Falko Fecht
Federal Reserve Banks - Federal Reserve Bank of Boston and Frankfurt School of Finance & Management
Downloads 88 (392,336)
Citation 2

Abstract:

Loading...

Interbank Market, Relationship Lending, Liquidity Crisis, Central Counterpart, Financial Contagion

Relationship Lending in the Interbank Market and the Price of Liquidity

FRB of Boston Working Paper No. 16-7
Number of pages: 43 Posted: 23 Aug 2016
Falk Bräuning and Falko Fecht
Federal Reserve Banks - Federal Reserve Bank of Boston and Frankfurt School of Finance & Management
Downloads 48 (538,197)
Citation 10

Abstract:

Loading...

interbank markets, relationship lending, financial crisis, central counterparty, financial contagion

16.

Banking, Markets, and Efficiency

Number of pages: 34 Posted: 08 Jun 2005
Antoine Martin and Falko Fecht
Federal Reserve Bank of New York - Research and Statistics and Frankfurt School of Finance & Management
Downloads 130 (298,849)

Abstract:

Loading...

financial intermediaries, risk sharing, banking competition

17.

Open-End Real Estate Funds in Germany: Genesis and Crisis

Bundesbank Series 2 Discussion Paper No. 2007,04
Number of pages: 44 Posted: 08 Jun 2016
Justus-Liebig-University Giessen, Frankfurt School of Finance & Management and Zeppelin University
Downloads 127 (304,123)

Abstract:

Loading...

Open-End Funds, Liquidity Transformation, Liquidity Crisis, Risk Sharing

18.
Downloads 123 (311,346)

Contagious Zombies

Number of pages: 63 Posted: 19 Apr 2021
Deutsche Bundesbank, Frankfurt School of Finance & Management and University of Cape Town
Downloads 95 (373,725)

Abstract:

Loading...

unconventional monetary policy, zombie lending, trade credit

Contagious Zombies

Deutsche Bundesbank Discussion Paper No. 15/2021
Number of pages: 1 Posted: 03 Jun 2021
Deutsche Bundesbank, Frankfurt School of Finance & Management and University of Cape Town
Downloads 28 (653,731)

Abstract:

Loading...

19.

How Central is Central Counterparty Clearing? A Deep Dive into a European Repo Market During the Crisis

Bundesbank Discussion Paper No. 14/2016
Number of pages: 38 Posted: 21 Jun 2016
André Ebner, Falko Fecht and Alexander Schulz
Deutsche Bundesbank, Frankfurt School of Finance & Management and Deutsche Bundesbank
Downloads 119 (318,901)

Abstract:

Loading...

repo, central counterparty, market microstructure, financial crisis

Fear, Deposit Insurance Schemes, and Deposit Reallocation in the German Banking System

Number of pages: 33 Posted: 12 Jun 2018
Falko Fecht, Stefan Thum and Patrick Weber
Frankfurt School of Finance & Management, Deutsche Bundesbank and Deutsche Bundesbank
Downloads 75 (431,569)
Citation 2

Abstract:

Loading...

Depositor expectations, Google, Deposit insurance, Competition for depositors, Bank runs

Fear, Deposit Insurance Schemes, and Deposit Reallocation in the German Banking System

Deutsche Bundesbank Discussion Paper No. 12/2019
Number of pages: 37 Posted: 13 Apr 2019
Falko Fecht, Stefan Thum and Patrick Weber
Frankfurt School of Finance & Management, Deutsche Bundesbank and Deutsche Bundesbank
Downloads 30 (639,798)

Abstract:

Loading...

Depositor expectations, Google, Deposit insurance, Competition for depositors, Bank runs

21.

Liquidity Support in Financial Institutions

Number of pages: 54 Posted: 29 Jul 2020 Last Revised: 18 May 2021
Falko Fecht, Egemen Genc and Yigitcan Karabulut
Frankfurt School of Finance & Management, University of Illinois at Chicago and Frankfurt School of Finance & Management
Downloads 102 (354,357)
Citation 1

Abstract:

Loading...

Bank-Affiliated Mutual Funds, Internal Capital Markets, Liquidity Provision, Financial Fragility, Fund Flows

Substitution between Net and Gross Settlement Systems: A Concern for Financial Stability?

FRB of Cleveland Policy Discussion Paper No. 11-32
Number of pages: 46 Posted: 13 Dec 2011
Ben R. Craig and Falko Fecht
Federal Reserve Bank of Cleveland and Frankfurt School of Finance & Management
Downloads 78 (421,858)

Abstract:

Loading...

Payment system, financial stability, interbank market, financial contagion

Substitution between Net and Gross Settlement Systems: A Concern for Financial Stability?

Bundesbank Series 1 Discussion Paper No. 2011,16
Number of pages: 60 Posted: 08 Jun 2016
Ben R. Craig and Falko Fecht
Federal Reserve Bank of Cleveland and Frankfurt School of Finance & Management
Downloads 16 (751,071)

Abstract:

Loading...

Payment System, financial stability, interbank market, financial contagion

23.

Liquidity Support and Distress Resilience in Bank-Affiliated Mutual Funds

Proceedings of Paris December 2020 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 38 Posted: 14 Oct 2020
Frankfurt School of Finance & Management, Frankfurt School of Finance & Management and European Central Bank (ECB)
Downloads 87 (391,454)

Abstract:

Loading...

24.

The Price of Liquidity: The Effects of Market Conditions and Bank Characteristics

ECB Working Paper No. 1376
Number of pages: 54 Posted: 02 Sep 2011
Falko Fecht, Kjell G. Nyborg and Jörg Rocholl
Frankfurt School of Finance & Management, University of Zurich - Department of Banking and Finance and ESMT European School of Management and Technology
Downloads 87 (391,454)
Citation 3

Abstract:

Loading...

Banks, liquidity, money markets, repos, imbalance

25.

Strains on Money Market Makers and Money Market Liquidity

Number of pages: 50 Posted: 03 Nov 2014 Last Revised: 01 Jun 2018
Falko Fecht, Stefan Reitz and Patrick Weber
Frankfurt School of Finance & Management, University of Kiel and Frankfurt School of Finance & Management
Downloads 81 (408,430)

Abstract:

Loading...

Funding liquidity risk and money market liquidity, Liquidity constraints, Money market makers, Liquidity spirals

The Eurosystem Money Market Auctions: A Banking Perspective

FRB of Cleveland Working Paper No. 05-06R
Number of pages: 36 Posted: 31 Oct 2007
Ben R. Craig and Falko Fecht
Federal Reserve Bank of Cleveland and Frankfurt School of Finance & Management
Downloads 60 (485,848)
Citation 2

Abstract:

Loading...

money market auctions, liquidity management, interbank market

The Eurosystem Money Market Auctions: A Banking Perspective

Bundesbank Series 2 Discussion Paper No. 2005,10
Number of pages: 48 Posted: 08 Jun 2016
Nikolaus Bartzsch, Ben R. Craig and Falko Fecht
Deutsche Bundesbank, Federal Reserve Bank of Cleveland and Frankfurt School of Finance & Management
Downloads 12 (789,140)

Abstract:

Loading...

Money Market Auctions, Liquidity Management, Interbank Market

27.

Managerial Overconfidence and Access to Funding: Do Banks Help Managers to Avoid Investment Mistakes?

Number of pages: 49 Posted: 18 Feb 2021
Falko Fecht and Regina Opaleva
Frankfurt School of Finance & Management and Frankfurt School of Finance & Management
Downloads 71 (439,532)

Abstract:

Loading...

financial advice, overconfidence, SME finance

28.

Banks’ Equity Stakes in Firms: A Blessing or Curse in Credit Markets?

Number of pages: 47 Posted: 28 Sep 2021
Frankfurt School of Finance & Management, Imperial College London, VU University AmsterdamVrije Universiteit Amsterdam, School of Business and Economics and School of Economics, Shandong University
Downloads 69 (446,206)

Abstract:

Loading...

Universal banks; Credit supply; Bank equity holdings; Debt overhang; Evergreening.

29.
Downloads 68 (449,645)

Banks, Markets, and Efficiency

Number of pages: 35 Posted: 25 Jan 2005
Falko Fecht and Antoine Martin
Frankfurt School of Finance & Management and Federal Reserve Bank of New York - Research and Statistics
Downloads 58 (493,931)

Abstract:

Loading...

Banking competition, deposit contracts, efficiency, risk sharing

Banks, Markets, and Efficiency

Bundesbank Series 2 Discussion Paper No. 2005,04
Number of pages: 48 Posted: 08 Jun 2016
Falko Fecht and Antoine Martin
Frankfurt School of Finance & Management and Federal Reserve Bank of New York - Research and Statistics
Downloads 10 (808,803)

Abstract:

Loading...

Financial Intermediaries, Risk Sharing, Banking Competition, Comparing Financial Systems

30.

Information Transmission between Banks and the Market for Corporate Control

Number of pages: 38 Posted: 22 Dec 2021
Deutsche Bundesbank, Frankfurt School of Finance & Management, Deutsche Bundesbank - Research Centre and University of Bonn
Downloads 56 (494,248)

Abstract:

Loading...

bank networks, trading, information spillovers, mergers and acquisitions, syndicated lending

31.

The Markets in Financial Instruments Directive and Sensitivity of Investors’ Portfolio Allocation to Analyst Recommendations

Proceedings of Paris December 2021 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 52 Posted: 26 Oct 2021
Falko Fecht, Patrick Weber and Huiting XU
Frankfurt School of Finance & Management, Deutsche Bundesbank and Frankfurt School of Finance & Management
Downloads 56 (494,248)

Abstract:

Loading...

32.

The Intraday Interest Rate: What's that?

Bundesbank Discussion Paper No. 24/2015
Number of pages: 45 Posted: 21 Jun 2016
Puriya Abbassi, Falko Fecht and Johannes Tischer
Deutsche Bundesbank, Frankfurt School of Finance & Management and Johannes Gutenberg University Mainz
Downloads 53 (506,521)

Abstract:

Loading...

intraday interest rate, central counterparty, overnight repos, central bank intervention, financial crisis

33.

International Financial Integration, Crises, and Monetary Policy: Evidence from the Euro Area Interbank Crises

FRB of Boston Working Paper No. 17-6
Number of pages: 48 Posted: 07 Sep 2017
Deutsche Bundesbank, Federal Reserve Banks - Federal Reserve Bank of Boston, Frankfurt School of Finance & Management and Imperial College London
Downloads 51 (515,042)

Abstract:

Loading...

financial integration, financial crises, cross-border lending, monetary policy, euro area sovereign crisis, liquidity

Financial Integration and Systemic Risk

CEPR Discussion Paper No. 5253
Number of pages: 27 Posted: 27 Oct 2005
Falko Fecht and H. P. Gruner
Frankfurt School of Finance & Management and University of Mannheim - Department of Economics
Downloads 24 (683,821)
  • Add to Cart

Abstract:

Loading...

Interbank market, risk sharing, financial contagion, financial integration

Financial Integration and Systemic Risk

Bundesbank Series 2 Discussion Paper No. 2005,11
Number of pages: 40 Posted: 08 Jun 2016
Falko Fecht and Hans Grüner
Frankfurt School of Finance & Management and University of Manheim
Downloads 13 (779,392)

Abstract:

Loading...

Interbank Market, Risk Sharing, Financial Contagion, Financial Integration

35.

Are Some Banks Structurally Prone to Borrow from the Euro Area's Overnight Lender-of-The-Last-Resort Facility?

Number of pages: 51 Posted: 12 Jun 2018
Falko Fecht and Patrick Weber
Frankfurt School of Finance & Management and Deutsche Bundesbank
Downloads 33 (605,201)

Abstract:

Loading...

Lender-of-the-last-Resort lending, Structural bank characteristics, Predicting distress for a single bank, Monetary policy implementation

36.

Banks, Markets, and Financial Stability

Bundesbank Discussion Paper No. 31/2014
Number of pages: 33 Posted: 21 Jun 2016
Armin Eder, Falko Fecht and Thilo Pausch
Helvetia Versicherungen, Frankfurt School of Finance & Management and Deutsche Bundesbank
Downloads 25 (656,651)

Abstract:

Loading...

liquidity risk, financial crises, contagion, asset price bubbles

Welfare Effects of Financial Integration

Bundesbank Series 2 Discussion Paper No. 2007,11
Number of pages: 56 Posted: 08 Jun 2016
Falko Fecht, Hans Grüner and Philipp Hartmann
Frankfurt School of Finance & Management, University of Manheim and European Central Bank (ECB)
Downloads 23 (691,786)

Abstract:

Loading...

Financial integration, interbank market, cross border lending, financial contagion

Welfare Effects of Financial Integration

CEPR Discussion Paper No. DP6311
Number of pages: 38 Posted: 23 May 2008
Falko Fecht, H. P. Gruner and Philipp Hartmann
Frankfurt School of Finance & Management, University of Mannheim - Department of Economics and European Central Bank (ECB)
Downloads 2 (898,262)
  • Add to Cart

Abstract:

Loading...

cross border lending, financial contagion, financial integration, interbank market

38.

How Stressed are Banks in the Interbank Market?

Bundesbank Discussion Paper No. 40/2013
Number of pages: 30 Posted: 21 Jun 2016
Puriya Abbassi, Falko Fecht and Patrick Weber
Deutsche Bundesbank, Frankfurt School of Finance & Management and Frankfurt School of Finance & Management
Downloads 22 (678,784)

Abstract:

Loading...

banks, liquidity, LOLR facility, repos, money markets, frictions

39.

The Marketability of Bank Assets and Managerial Rents: Implications for Financial Stability

Bundesbank Series 2 Discussion Paper No. 2007,12
Number of pages: 36 Posted: 08 Jun 2016
Falko Fecht and Wolf Wagner
Frankfurt School of Finance & Management and Erasmus University Rotterdam (EUR)
Downloads 22 (678,784)

Abstract:

Loading...

Marketability, Incentives, Financial Innovations, Financial Stability

40.

Banks' Equity Stakes in Firms: A Blessing or Curse in Credit Markets?

CEPR Discussion Paper No. DP16594
Number of pages: 50 Posted: 09 Nov 2021
Frankfurt School of Finance & Management, Imperial College London, VU University AmsterdamVrije Universiteit Amsterdam, School of Business and Economics and School of Economics, Shandong University
Downloads 0 (892,524)
  • Add to Cart

Abstract:

Loading...

Bank equity holdings, credit supply, Debt overhang, evergreening, Universal banks

A Theory of the Boundaries of Banks with Implications for Financial Integration and Regulation

CEPR Discussion Paper No. DP16880
Number of pages: 53 Posted: 04 Feb 2022
Falko Fecht, Roman Inderst and Sebastian Pfeil
Frankfurt School of Finance & Management, Goethe University Frankfurt and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 0
  • Add to Cart

Abstract:

Loading...

Debt overhang, deposit insurance, integration, Interbank lending, risk shifting

A Theory of the Boundaries of Banks with Implications for Financial Integration and Regulation

Posted: 20 Apr 2018
Falko Fecht, Roman Inderst and Sebastian Pfeil
Frankfurt School of Finance & Management, Goethe University Frankfurt and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Abstract:

Loading...

Interbank Lending, Risk Shifting, Debt Overhang, Integration

Other Papers (1)

Total Downloads: 25
1.

The Price of Liquidity: Bank Characteristics and Market Conditions

EFA 2008 Athens Meetings Paper
Number of pages: 49 Posted: 03 Mar 2008
Falko Fecht, Kjell G. Nyborg and Jörg Rocholl
Frankfurt School of Finance & Management, University of Zurich - Department of Banking and Finance and ESMT European School of Management and Technology
Downloads 25

Abstract:

Loading...

Liquidity, Banking, Short Squeezes, Money Markets, Repo Auctions