Prof. Dr. Sascha Steffen

Steffen, Sascha, Manju Puri und Jörg Rocholl (2017), What Do a Million Observations Have to Say About Loan Defaults? Opening the Black Box of Relationships, Journal of Financial Intermediation.

Steffen, Sascha, Bjorn Imbierowicz, Felix Freudenberg und Anthony Saunders (2017), Covenant Violations, Loan Contracting, and Default Risk of Bank Borrowers, Journal of Corporate Finance. Download

Steffen, Sascha, Tobias Berg, Anthony Saunders und Daniel Streitz (2017), Mind the Gap: The Difference between U.S. and European Loan Rates, Review of Financial Studies.

Steffen, Sascha, Tobias Berg und Anthony Saunders (2016), The Total Costs of Corporate Borrowing in the Loan Market: Don't Ignore the Fees, Journal of Finance. Download

Steffen, Sascha und Viral V. Acharya (2015), The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks, Journal of Financial Economics, 215-236.

Steffen, Sascha, Julian A. Mattes und Mark Wahrenburg (2013), Do information rents in loan spreads persist over the business cycles?, Journal of Financial Services Research, 175-195.

Steffen, Sascha, Markus Fischer, Christa Hainz und Jörg Rocholl (2012), Wie wirkt sich der Wegfall staatlicher Garantien auf die Risikoübernahme von Banken aus?, ifo Schnelldienst 65 (18), 17-21.

Steffen, Sascha, Manju Puri und Joerg Rocholl (2011), Global Retail Lending in the Aftermath of the US Financial Crisis: Distinguishing between Supply and Demand Effects, Journal of Financial Economics, 556-578.

Steffen, Sascha und Anthony Saunders (2011), The Costs of Being Private: Evidence from the Loan Market, Review of Financial Studies, 4091-4122.

Steffen, Sascha, Daniel Schmidt und Franziska Szabo (2010), Exit Strategies of Buyout Investments - An Empirical Analysis, The Journal of Alternative Investments 12 (4), 58-84.

Steffen, Sascha und Oliver Bosch (2010), On syndicate composition, corporate structure and the certification effect of credit ratings, Journal of Banking and Finance, 290-299.

Steffen, Sascha, Daniel Schmidt und Franziska Szabo (2007), Exit Strategies of Buyout Investments - An Empirical Analysis, Absolut|report, 26-31.

Steffen, Sascha und Ulrich Schüwer (forthcoming), Funktionen und Einsatz von Finanzderivaten in: Außerbörsliche (OTC) Finanzderivate, Nomos, München.

Steffen, Sascha, Dirk Schoenmaker, Nicolas Véron, Thomas Gehrig, Marcello Messori, Antonio Nogueira Leite, André Sapir, Philippe Tibi, David Vegara, Casper G. de Vrie und Miranda Xafa (2016), European banking supervision: the first eighteen months, in: Bruegel European banking supervision: the first eighteen months, BRUEGEL BLUEPRINT SERIES, Bd. Volume 25, Bruegel, Brüssel, Belgium, 184. Download

Steffen, Sascha und Viral V. Acharya (2014), Analyzing Systemic Risk of the European Banking Sector, Cambridge University Press, Cambridge, UK.

Steffen, Sascha und Martin Weber (2011), Thesen zur Reform des Einlagensicherungssystems. In: Handbuch Corporate Governance von Banken, Bd. K. Hopt / G. Wohlmannstetter, C.H.BECK, München.

Steffen, Sascha (2008), The Role of Private Information in Financial Contracting - Evidence from the Syndicated Loan Market,

Steffen, Sascha, Benjamin Grosse-Rueschkamp und Daniel Streitz (2017), Cutting Out the Middleman – The ECB as Corporate Bond Investor,

Steffen, Sascha, Tobias Berg, Anthony Saunders und Larissa Schäfer (2017), 'Brexit' and the Contraction of Syndicated Lending, Download

Steffen, Sascha, Daniel Friedmann, Björn Imbierowicz und Anthony Saunders (2017), Why Do Corporate Depositors Risk Everything for Nothing? The Importance of Deposit Relationships, Interest Rates and Bank Risk, Download

Steffen, Sascha, Karolin Kirschenmann und Josef Korte (2017), The Zero Risk Fallacy - Banks' Sovereign Exposure and Sovereign Risk Spillovers, Download

Steffen, Sascha, Frederik Eidam, Jian Cai und Anthony Saunders (2017), Diversification or Specialization? An Analysis of Distance and Collaboration in Loan Syndication Networks, Download

Steffen, Sascha und Viral V. Acharya (2016), Capital Markets Union in Europe: Why Other Unions Must Lead the Way, Download

Steffen, Sascha, Diane Pierret und Viral Acharya (2016), Lender of Last Resort versus Buyer of Last Resort – The Impact of the European Central Bank Actions on the Bank-Sovereign Nexus, Download

Steffen, Sascha, Viral V. Acharya und Diane Pierret (2016), Capital Shortfalls of European Banks since the Start of the Banking Union,

Steffen, Sascha, Viral V. Acharya und Diane Pierret (2016), Introducing the “Leverage Ratio” in Assessing the Capital Adequacy of European Banks,

Steffen, Sascha, Viral V. Acharya und Diane Pierret (2016), High time to tell European banks: No dividends,

Steffen, Sascha, Jens Hagendorff, Anthony Saunders und Francesco Vallascas (2016), The Wolves of Wall Street: Managerial Attributes and Bank Business Models,

Steffen, Sascha, Manju Puri und Jörg Rocholl (2016), What Do a Million Observations Have to Say About Loan Defaults? Opening the Black Box of Relationships,

Steffen, Sascha und Viral V. Acharya (2016), Capital Markets Union in Europe: Why Other Unions Must Lead the Way, ZEW policy brief Nr. 16-04, Mannheim. Download

Acharya, Viral, Diane Pierret und Sascha Steffen (2016), Lender of Last Resort versus Buyer of Last Resort – The Impact of the European Central Bank Actions on the Bank-Sovereign Nexus, ZEW Discussion Paper No. 16-019, Mannheim. Download

Berg, Tobias, Anthony Saunders, Sascha Steffen und Daniel Streitz (2016), Mind the Gap: The Difference Between U.S. and European Loan Rates, ZEW Discussion Paper No. 16-018, Mannheim. Download

Berg, Tobias, Anthony Saunders und Sascha Steffen (2016), The Total Costs of Corporate Borrowing in the Loan Market: Don’t Ignore the Fees, ZEW Discussion Paper No. 16-017, Mannheim. Download

Steffen, Sascha, Jian Cai und Anthony Saunders (2016), Syndication, Interconnectedness, and Systemic Risk,

Steffen, Sascha, Markus Fischer, Christa Hainz und Jörg Rocholl (2016), Government Guarantees and Bank Risk Taking Incentives, AFA 2012, WFA 2012 Meetings Paper

Steffen, Sascha (2015), Capital Shortfalls in SSM Banks: How much progress has been made?,

Steffen, Sascha und Lea Steinrücke (2015), Funktionsweise und Einschätzung des , Zeitschrift für betriebswirtschaftliche Forschung (zfbf) Kontaktstudium

Steffen, Sascha und Viral V. Acharya (2015), Is the Banking Union Stable and Resilient as it Looks?, Prepared for Allen, F., E. Carletti (edts), The New Financial Architecture.

Steffen, Sascha, David M. Becker und Martin Weber (2015), From Bad to Worse? Individuals in Financial Distress,

Steffen, Sascha, Manju Puri und Jörg Rocholl (2015), What Kinds of Bank-Client Relationships Matter in Reducing Loan Defaults and Why?,

Steffen, Sascha, Viral V. Acharya, Björn Imbierowicz und Daniel Teichmann (2015), Does the Lack of Financial Stability Impair the Transmission of Monetary Policy?, AFA 2016 Meetings Paper

Steffen, Sascha, Bjorn Imbierowicz, Felix Freudenberg und Anthony Saunders (2015), Covenant Violations, Loan Contracting, and Default Risk of Bank Borrowers, AFA 2013 Meetings Paper

Steffen, Sascha und Josef Korte (2015), Zero Risk Contagion - Banks' Sovereign Exposure and Sovereign Risk Spillovers, being revised for resubmission to the Review of Financial Studies

Steffen, Sascha (2014), Robustness, validity and significance of the ECB's asset quality review and stress test exercise,

Steffen, Sascha und Viral V. Acharya (2014), Benchmarking the European Central Bank's Asset Quality Review and Stress Test - A Tale of Two Leverage Ratios. Center of European Policy Studies Working Paper Series., The New York Times, Financial Times, The Telegraph (among others)

Steffen, Sascha und Viral V. Acharya (2013), The banking crisis as a giant carry trade gone wrong, VoxEU.org

Steffen, Sascha und Viral V. Acharya (2013), Falling Short of Expectations? Stress-Testing the European Banking System, Center of European Policy Studies Working Paper Series

Steffen, Sascha und Viral V. Acharya (2013), Making Sense of the Comprehensive Assessment, VoxEU.org SAFE Working Paper Series.

Steffen, Sascha, Manju Puri und Jörg Rocholl (2012), Rules Versus Discretion in Bank Lending Decisions,

Steffen, Sascha (2011), Measuring systemic risk of the European banking sector, VoxEU.org

Steffen, Sascha, Viral V. Acharya und Dirk Schoenmaker (2011), How much capital do European banks need? Some estimates, VoxEU.org