Research
I study how regulatory frameworks shape bank behaviour and the transmission of sovereign risk, combining econometric methods with granular knowledge of European bank regulation.
Working Papers
- Differentiated Deleveraging: How Do Banks Respond to Capital Ratios and Capital Requirements? Higher capital ratios are associated with smaller portfolio sizes, but only for high-risk portfolios and banks with low leverage ratios. Capital requirements have only a small effect on loan pricing once banks are adequately capitalised. Read more →
- Cross-Border Banking, Intragroup Exposures, and Risk-Taking Relaxing intragroup exposure limits — as planned in Europe for 2028 — can amplify risk-taking within multinational banking groups by enabling parent banks to draw on affiliate resources. The effect is strongest when foreign affiliates are large, well capitalised, and face weaker liquidity requirements. Read more & highlights →
- The Regulatory Precondition to Sovereign Risk Transmission Banks that receive a zero percent risk weight on sovereign exposures increase home sovereign bond holdings and reduce lending when sovereign risk rises. Comparable banks facing stricter requirements do not. Reforming the regulatory treatment of sovereign debt could break this transmission channel. Read more & highlights →
Datasets
- European Bank Regulatory Data: The EBA Disclosures Panel (2012–2025) Analysis-ready panel of European bank regulatory disclosures compiled from all EBA Transparency Exercise releases. Quarterly data on capital ratios, balance sheets, RWA, and credit risk exposures for large EU and EEA banks. Details & download →