Research

MAIN PUBLICATIONS

Got rejected? Real effects of not getting a loan“, 2018, Review of Financial Studies (forthcoming)

What Explains the Difference in Leverage between Banks and Non-Banks?“, with Jasmin Gider, 2016, Journal of Financial and Quantitative Analysis 52(6), 2677-2702

  • Best Paper Award, Banking workshop Muenster 2015
  • Do-files
  • Note: The Stata files referred to in this code can be made available to WRDS subscribers that have access to Compustat and CRSP. Please send an email to jasmin.gider@uni-bonn.de to request the data.

Mind the Gap…The Syndicated Loan Pricing Puzzle Revisited“, with Anthony Saunders, Sascha Steffen, and Daniel Streitz, 2017, Review of Financial Studies, 30(3),  948-987

An Analysis of the Consistency of Banks’ Internal Ratings“, with Philipp Koziol, 2017, Journal of Banking and Finance, 78, 27-41

The Total Costs of Corporate Borrowing in the Loan Market: Don’t Ignore the Fees“, with Sascha Steffen and Anthony Saunders, 2016, Journal of Finance, 71(3), 1357-1392

Playing the Devil’s Advocate: The Causal Effect of Risk Management on Loan Quality“, 2015, Review of Financial Studies, 28(12), 3367-3406

  • Best Paper Award, German Finance Association Meetings (DGF) 2014

Does Contingent Capital Induce Excessive Risk-Taking?“, 2015, with Christoph Kaserer, Journal of Financial Intermediation, 24(3), 356-385

  • Best Paper Award, Journal of Financial Intermediation, 2015
  • Best Paper Award, German Finance Association Meetings (DGF) 2011

Extracting the Equity Premium from CDS Spreads“, 2013, with Christoph Kaserer,  Journal of Derivatives, 21(1), 8-26

  • Best Paper Award, SUERF Colloquium

OTHER PUBLICATIONS

Determinants of the Size of the Sovereign Credit Default Swap Market“, with Daniel Streitz, 2016, Journal of Fixed Income, 25(3), 58-73

The Term Structure of Risk Premia: Evidence from CDS Spreads“, 2013, ECB Working Paper No. 1165.

A Certification Model for Regulatory Arbitrage: Will Regulatory Arbitrage persist under Basel III?“, 2011, with Bernhard Gehra and Michael Kunisch, Journal of Fixed Income, Fall 2011, 39-56

From actual to risk-neutral default probabilities: Merton and beyond“, 2010, Journal of Credit Risk, 6(1), 55-86

REVISE & RESUBMITS 

On the Rise of FinTechs – Credit Scoring using Digital Footprints“, R&R Review of Financial Studies, with V. Burg, A. Gombović, and M. Puri

Loan Officer Incentives, Internal Rating Models and Default Rates“, R&R Review of Finance, with Manju Puri and Jörg Rocholl

WORKING PAPERS (COMPLETED PAPERS ONLY)

Unique Equilibrium in Market-Triggered Contingent Capital, with Eva Schliephake

“Brexit” and the Contraction of Syndicated Lending, with A. Saunders, L. Schäfer, and S. Steffen (available upon request)

Identifying Causal Aggregate Effects: Estimating the Effect of a Credit Supply Shock on Firm Growth, with Daniel Streitz and Michael Wedow (available upon request)

The Term Structure of Risk Premia: Evidence from CDS Spreads?“, 2013, ECB Working Paper Series