Details about Matthias Efing

Access statistics for papers by Matthias Efing.

Last updated 2025-01-07. Update your information in the RePEc Author Service.

Short-id: pef18

Working Papers

2024

1. All Hat and No Cattle? ESG Incentives in Executive Compensation
   HEC Research Papers Series, HEC Paris
   Also in CESifo Working Paper Series, CESifo (2024)
   Working Papers, HAL (2024)

2023

2. Bank Bonus Pay as a Risk Sharing Contract
   Post-Print, HAL View citations (1)
   Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2018) View citations (2)
   Working Papers, HAL (2018) View citations (2)
   CESifo Working Paper Series, CESifo (2019) View citations (3)
   HEC Research Papers Series, HEC Paris (2018) View citations (2)
   See also Journal Article Bank Bonus Pay as a Risk Sharing Contract, The Review of Financial Studies, Society for Financial Studies (2023) View citations (1) (2023)
3. Freeze! Financial Sanctions and Bank Responses
   Publications of Darmstadt Technical University, Institute for Business Studies (BWL), Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL) View citations (9)
   Also in Discussion Papers, Deutsche Bundesbank (2018) View citations (1)
   CESifo Working Paper Series, CESifo (2018) View citations (1)
   VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy, Verein für Socialpolitik / German Economic Association (2019)
   See also Journal Article Freeze! Financial Sanctions and Bank Responses, The Review of Financial Studies, Society for Financial Studies (2023) View citations (4) (2023)

2020

4. Risk Managers in Banks
   Working Papers, HAL
   Also in HEC Research Papers Series, HEC Paris (2020)

2018

5. Shareholder bargaining power and the emergence of empty creditors
   IWH Discussion Papers, Halle Institute for Economic Research (IWH) View citations (1)
   See also Journal Article Shareholder bargaining power and the emergence of empty creditors, Journal of Financial Economics, Elsevier (2019) View citations (11) (2019)

2016

6. Arbitraging the Basel securitization framework: Evidence from German ABS investment
   ESRB Working Paper Series, European Systemic Risk Board View citations (5)
   Also in Discussion Papers, Deutsche Bundesbank (2015) View citations (13)
7. Empty Creditors and Strong Shareholders: The Real Effects of Credit Risk Trading
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
   Also in IWH Discussion Papers, Halle Institute for Economic Research (IWH) (2016) View citations (1)
8. How Do Investors and Firms React to an Unexpected Currency Appreciation Shock?
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (13)

2014

9. Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
   Also in CESifo Working Paper Series, CESifo (2014) View citations (6)
   NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (4)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (5)
   See also Chapter Incentive Pay and Bank Risk-taking: Evidence from Austrian, German, and Swiss Banks, NBER Chapters, National Bureau of Economic Research, Inc (2014) View citations (3) (2014)
   Journal Article Incentive pay and bank risk-taking: Evidence from Austrian, German, and Swiss banks, Journal of International Economics, Elsevier (2015) View citations (22) (2015)

2013

10. Bank Capital Regulation with an Opportunistic Rating Agency
    CESifo Working Paper Series, CESifo View citations (6)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2012) View citations (5)
11. Structured Debt Ratings: Evidence on Conflicts of Interest
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2013) View citations (3)
    See also Journal Article Structured debt ratings: Evidence on conflicts of interest, Journal of Financial Economics, Elsevier (2015) View citations (38) (2015)

Journal Articles

2023

1. Bank Bonus Pay as a Risk Sharing Contract
   The Review of Financial Studies, 2023, 36, (1), 235-280 View citations (1)
   See also Working Paper Bank Bonus Pay as a Risk Sharing Contract, Post-Print (2023) View citations (1) (2023)
2. Freeze! Financial Sanctions and Bank Responses
   The Review of Financial Studies, 2023, 36, (11), 4417-4459 View citations (4)
   See also Working Paper Freeze! Financial Sanctions and Bank Responses, Publications of Darmstadt Technical University, Institute for Business Studies (BWL) (2023) View citations (9) (2023)
3. How Do Investors and Firms React to a Large, Unexpected Currency Appreciation Shock?
   The Review of Corporate Finance Studies, 2023, 12, (3), 488-538 View citations (3)

2020

4. Reaching for Yield in the ABS Market: Evidence from German Bank Investments*
   (Causes of the financial crisis)
   Review of Finance, 2020, 24, (4), 929-959 View citations (5)

2019

5. Shareholder bargaining power and the emergence of empty creditors
   Journal of Financial Economics, 2019, 134, (2), 297-317 View citations (11)
   See also Working Paper Shareholder bargaining power and the emergence of empty creditors, IWH Discussion Papers (2018) View citations (1) (2018)

2015

6. Die Dosis macht das Gift – eine Analyse zum Einfluss von Bonuszahlungen auf die Profitabilität und das Risiko von Banken
   ifo Schnelldienst, 2015, 68, (03), 23-31
7. Incentive pay and bank risk-taking: Evidence from Austrian, German, and Swiss banks
   Journal of International Economics, 2015, 96, (S1), S123-S140 View citations (22)
   See also Chapter Incentive Pay and Bank Risk-taking: Evidence from Austrian, German, and Swiss Banks, NBER Chapters, 2014, 123-140 (2014) View citations (3) (2014)
   Working Paper Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks, Swiss Finance Institute Research Paper Series (2014) View citations (1) (2014)
8. Structured debt ratings: Evidence on conflicts of interest
   Journal of Financial Economics, 2015, 116, (1), 46-60 View citations (38)
   See also Working Paper Structured Debt Ratings: Evidence on Conflicts of Interest, CEPR Discussion Papers (2013) View citations (3) (2013)

Chapters

2014

1. Incentive Pay and Bank Risk-taking: Evidence from Austrian, German, and Swiss Banks
   A chapter in NBER International Seminar on Macroeconomics 2014, 2014, pp 123-140 View citations (3)
   See also Working Paper Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks, Swiss Finance Institute (2014) View citations (1) (2014)
   Journal Article Incentive pay and bank risk-taking: Evidence from Austrian, German, and Swiss banks, Elsevier (2015) View citations (22) (2015)