Details about Michael Wedow

Access statistics for papers by Michael Wedow.

Last updated 2025-02-17. Update your information in the RePEc Author Service.

Short-id: pwe129

Working Papers

2024

1. Enhancing repo market transparency: the EU Securities Financing Transactions Regulation
   Occasional Paper Series, European Central Bank
2. Is home bias biased? New evidence from the investment fund sector
   Working Paper Series, European Central Bank

2023

3. Green bond home bias and the role of supply and sustainability preferences
   Working Papers, DNB View citations (1)
4. Liquidity buffers and open-end investment funds: containing outflows and reducing fire sales
   Working Paper Series, European Central Bank

2020

5. Burned by leverage? Flows and fragility in bond mutual funds
   Working Paper Series, European Central Bank View citations (7)
   See also Journal Article Burned by leverage? Flows and fragility in bond mutual funds, Journal of Empirical Finance, Elsevier (2023) View citations (3) (2023)

2019

6. Behind the scenes of the beauty contest: window dressing and the G-SIB framework
   Working Paper Series, European Central Bank View citations (11)
   See also Journal Article Behind the Scenes of the Beauty Contest—Window Dressing and the G-SIB Framework, International Journal of Central Banking, International Journal of Central Banking (2022) View citations (4) (2022)

2018

7. Completing the Banking Union with a European Deposit Insurance Scheme: who is afraid of cross-subsidisation?
   Occasional Paper Series, European Central Bank View citations (22)
   See also Journal Article Completing the Banking Union with a European deposit insurance scheme: who is afraid of cross-subsidization?, Economic Policy, CEPR, CESifo, Sciences Po (2020) View citations (4) (2020)
8. Systemic liquidity concept, measurement and macroprudential instruments
   Occasional Paper Series, European Central Bank

2017

9. Dark pools in European equity markets: emergence, competition and implications
   Occasional Paper Series, European Central Bank View citations (8)
10. Inside asset purchase programs: the effects of unconventional policy on banking competition
    Working Paper Series, European Central Bank View citations (12)

2016

11. Basel III and recourse to Eurosystem monetary policy operations
    Occasional Paper Series, European Central Bank View citations (5)

2015

12. Let Bygones Be Bygones? Socialist Regimes and Personalities in Germany
    SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP) View citations (36)
    Also in CESifo Working Paper Series, CESifo (2015) View citations (37)
13. Let Bygones be Bygones? Political Regimes and Personalities in Germany
    VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association View citations (34)
14. Out of sight, out of mind? On the risk of sub-custodian structures
    Discussion Papers, Deutsche Bundesbank
    See also Journal Article Out of sight, out of mind? On the risk of sub-custodian structures, Journal of Banking & Finance, Elsevier (2016) View citations (2) (2016)
15. Real Effects of Securitization
    BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy View citations (9)

2012

16. Credit risk connectivity in the financial industry and stabilization effects of government bailouts
    Discussion Papers, Deutsche Bundesbank View citations (8)

2011

17. Credit contagion between financial systems
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (2)
18. Gauging the impact of a low-interest rate environment on German life insurers
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (11)
    See also Journal Article Gauging the Impact of a Low Interest Rate Environment on German Life Insurers, Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin (2012) (2012)

2010

19. Extraordinary measures in extraordinary times: Public measures in support of the financial sector in the EU and the United States
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (78)
    Also in Occasional Paper Series, European Central Bank (2010) View citations (71)
20. Purchase and redemption decisions of mutual fund investors and the role of fund families
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (4)
    Also in CFR Working Papers, University of Cologne, Centre for Financial Research (CFR) (2010) View citations (4)
    See also Journal Article Purchase and redemption decisions of mutual fund investors and the role of fund families, The European Journal of Finance, Taylor & Francis Journals (2013) View citations (16) (2013)
21. Sturm und Drang in money market funds: When money market funds cease to be narrow
    CFR Working Papers, University of Cologne, Centre for Financial Research (CFR) View citations (8)
    Also in Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank (2008) View citations (7)
    See also Journal Article Sturm und Drang in money market funds: When money market funds cease to be narrow, Journal of Financial Stability, Elsevier (2015) View citations (8) (2015)

2009

22. Does banks size distort market prices? Evidence for too-big-to-fail in the CDS market
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (10)
23. Regional growth and finance in Europe: is there a quality effect of bank efficiency?
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (14)
    See also Journal Article Regional growth and finance in Europe: Is there a quality effect of bank efficiency?, Journal of Banking & Finance, Elsevier (2009) View citations (143) (2009)
24. The dark and the bright side of liquidity risks: evidence from open-end real estate funds in Germany
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (3)
    See also Journal Article The dark and the bright side of liquidity risks: Evidence from open-end real estate funds in Germany, Journal of Financial Intermediation, Elsevier (2014) View citations (14) (2014)

2008

25. Does regional redistribution spur growth?
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (3)

2007

26. The quality of banking and regional growth
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (5)

2006

27. Finance and growth in a bank-based economy: is it quantity or quality that matters?
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (13)
    See also Journal Article Finance and growth in a bank-based economy: Is it quantity or quality that matters?, Journal of International Money and Finance, Elsevier (2010) View citations (87) (2010)
28. Political risk and export promotion: Evidence from Germany
    Research Notes, Deutsche Bank Research View citations (5)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (18)
    See also Journal Article Political Risk and Export Promotion: Evidence from Germany, The World Economy, Wiley Blackwell (2008) View citations (67) (2008)

2005

29. Banks' regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (53)
30. Basel II and Bank Lending to Emerging Markets: Micro Evidence from German Banks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2004

31. How will Basel II affect bank lending to emerging markets? An analysis based on German bank level data
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (3)
32. Structures and Trends in German Banking
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (9)

2002

33. Will Basel II Affect International Capital Flows to Emerging Markets?
    OECD Development Centre Working Papers, OECD Publishing View citations (21)

Journal Articles

2025

1. Repo haircuts: Market practices and the impact of minimum requirements on leverage
   Finance Research Letters, 2025, 71, (C)
2. Strengthening risk monitoring and policy for non-bank leverage
   Macroprudential Bulletin, 2025, 26
3. The impact of minimum haircuts on non-bank leverage in the euro area
   Macroprudential Bulletin, 2025, 26

2024

4. Credit Supply Shocks: Financing Real Growth or Takeovers?
   The Review of Corporate Finance Studies, 2024, 13, (2), 428-458
5. Liquidity buffers and open-end investment funds: Containing outflows or reducing fire sales?
   Journal of International Financial Markets, Institutions and Money, 2024, 91, (C) View citations (2)

2023

6. Burned by leverage? Flows and fragility in bond mutual funds
   Journal of Empirical Finance, 2023, 72, (C), 354-380 View citations (3)
   See also Working Paper Burned by leverage? Flows and fragility in bond mutual funds, Working Paper Series (2020) View citations (7) (2020)
7. The growing role of investment funds in euro area real estate markets: risks and policy considerations
   Macroprudential Bulletin, 2023, 20 View citations (3)

2022

8. Behind the Scenes of the Beauty Contest—Window Dressing and the G-SIB Framework
   International Journal of Central Banking, 2022, 18, (5), 1-42 View citations (4)
   See also Working Paper Behind the scenes of the beauty contest: window dressing and the G-SIB framework, Working Paper Series (2019) View citations (11) (2019)
9. Mind the liquidity gap: a discussion of money market fund reform proposals
   Macroprudential Bulletin, 2022, 16
10. Mutual fund suspensions during the COVID-19 market turmoil - asset liquidity, liquidity management tools and spillover effects
    Finance Research Letters, 2022, 50, (C) View citations (3)

2021

11. Liquidity transformation by investment funds: structural fault line or desirable financial transformation? A systemic perspective
    Macroprudential Bulletin, 2021, 12 View citations (1)
12. The suspensions of redemptions during the COVID 19 crisis – a case for pre-emptive liquidity measures?
    Macroprudential Bulletin, 2021, 12 View citations (7)

2020

13. Completing the Banking Union with a European deposit insurance scheme: who is afraid of cross-subsidization?
    Economic Policy, 2020, 35, (101), 41-95 View citations (4)
    See also Working Paper Completing the Banking Union with a European Deposit Insurance Scheme: who is afraid of cross-subsidisation?, Occasional Paper Series (2018) View citations (22) (2018)

2019

14. Basel III B: Basel III Overview
    Journal of Financial Crises, 2019, 1, (4), 59-69 View citations (1)
15. Do primary dealer funding constraints impact sovereign bond liquidity and yields: evidence for nine Euro area countries
    Empirical Economics, 2019, 56, (6), 1855-1891
16. European Banking Union A: The Single Supervisory Mechanism
    Journal of Financial Crises, 2019, 1, (3), 113-129 View citations (1)
17. European Banking Union B: The Single Resolution Mechanism
    Journal of Financial Crises, 2019, 1, (3), 130-149 View citations (2)
18. Is leverage driving procyclical investor flows? Assessing investor behaviour in UCITS bond funds
    Macroprudential Bulletin, 2019, 9 View citations (1)
19. Too Connected to Fail? Inferring Network Ties From Price Co-Movements
    Journal of Business & Economic Statistics, 2019, 37, (1), 67-80 View citations (9)

2018

20. Does the G-SIB framework incentivise window-dressing behaviour? Evidence of G-SIBs and reporting banks
    Macroprudential Bulletin, 2018, 6

2017

21. Do dark pools amplify volatility in times of stress?
    Applied Economics Letters, 2017, 24, (1), 25-29 View citations (4)
22. Exposure of the European Deposit Insurance Scheme to bank failures and the benefits of risk-based contributions
    Macroprudential Bulletin, 2017, 3
23. Recent Developments in Euro Area Repo Markets, Regulatory Reforms and their Impact on Repo Market Functioning
    Financial Stability Review, 2017, 2 View citations (8)

2016

24. Out of sight, out of mind? On the risk of sub-custodian structures
    Journal of Banking & Finance, 2016, 68, (C), 47-56 View citations (2)
    See also Working Paper Out of sight, out of mind? On the risk of sub-custodian structures, Discussion Papers (2015) (2015)

2015

25. Sturm und Drang in money market funds: When money market funds cease to be narrow
    Journal of Financial Stability, 2015, 16, (C), 59-70 View citations (8)
    See also Working Paper Sturm und Drang in money market funds: When money market funds cease to be narrow, CFR Working Papers (2010) View citations (8) (2010)
26. Systemic liquidity and macroprudential supervision
    Financial Stability Report, 2015, (30), 85-92 View citations (9)

2014

27. Crossborder financial contagion to Germany: How important are OTC dealers?
    International Review of Financial Analysis, 2014, 33, (C), 1-9 View citations (6)
28. Initial Considerations regarding a Macro-Prudential Instrument based on the Net Stable Funding Ratio
    Financial Stability Review, 2014, 2 View citations (1)
29. The dark and the bright side of liquidity risks: Evidence from open-end real estate funds in Germany
    Journal of Financial Intermediation, 2014, 23, (3), 376-399 View citations (14)
    See also Working Paper The dark and the bright side of liquidity risks: evidence from open-end real estate funds in Germany, Discussion Paper Series 2: Banking and Financial Studies (2009) View citations (3) (2009)

2013

30. Are insurers SIFIs? A MGARCH model to measure interconnectedness
    Applied Economics Letters, 2013, 20, (7), 677-681 View citations (6)
31. Keeping banks afloat: public lifelines during the financial crisis
    International Economics and Economic Policy, 2013, 10, (1), 81-126
32. Purchase and redemption decisions of mutual fund investors and the role of fund families
    The European Journal of Finance, 2013, 19, (2), 127-144 View citations (16)
    See also Working Paper Purchase and redemption decisions of mutual fund investors and the role of fund families, Discussion Paper Series 2: Banking and Financial Studies (2010) View citations (4) (2010)
33. Transfer Payments without Growth: Evidence for German Regions, 1992–2005
    International Journal of Urban and Regional Research, 2013, 37, (4), 1438-1455 View citations (3)

2012

34. Gauging the Impact of a Low Interest Rate Environment on German Life Insurers
    Applied Economics Quarterly (formerly: Konjunkturpolitik), 2012, 58, (4), 279-298
    See also Working Paper Gauging the impact of a low-interest rate environment on German life insurers, Discussion Paper Series 2: Banking and Financial Studies (2011) View citations (11) (2011)

2011

35. Banks' regulatory capital buffer and the business cycle: Evidence for Germany
    Journal of Financial Stability, 2011, 7, (2), 98-110 View citations (106)
36. General Ability and Specialization: Evidence From Penalty Kicks in Soccer
    Journal of Sports Economics, 2011, 12, (1), 81-105 View citations (7)
37. Government measures in support of the financial sector in the EU and the United States
    Intereconomics: Review of European Economic Policy, 2011, 46, (1), 53-60 View citations (4)
38. Market discipline and too-big-to-fail in the CDS market: Does banks' size reduce market discipline?
    Journal of Empirical Finance, 2011, 18, (2), 195-210 View citations (48)

2010

39. Central bank measures in support of the financial sector in the EU and the United States
    Intereconomics: Review of European Economic Policy, 2010, 45, (6), 385-392 View citations (19)
40. Finance and growth in a bank-based economy: Is it quantity or quality that matters?
    Journal of International Money and Finance, 2010, 29, (8), 1529-1545 View citations (87)
    See also Working Paper Finance and growth in a bank-based economy: is it quantity or quality that matters?, Discussion Paper Series 2: Banking and Financial Studies (2006) View citations (13) (2006)

2009

41. Regional growth and finance in Europe: Is there a quality effect of bank efficiency?
    Journal of Banking & Finance, 2009, 33, (8), 1446-1453 View citations (143)
    See also Working Paper Regional growth and finance in Europe: is there a quality effect of bank efficiency?, Bank of Finland Research Discussion Papers (2009) View citations (14) (2009)

2008

42. Political Risk and Export Promotion: Evidence from Germany
    The World Economy, 2008, 31, (6), 781-803 View citations (67)
    See also Working Paper Political risk and export promotion: Evidence from Germany, Research Notes (2006) View citations (5) (2006)

2007

43. Basel II and bank lending to emerging markets: Evidence from the German banking sector
    Journal of Banking & Finance, 2007, 31, (2), 401-418 View citations (12)