Details about Falko Fecht

Access statistics for papers by Falko Fecht.

Last updated 2024-05-06. Update your information in the RePEc Author Service.

Short-id: pfe38

Working Papers

2023

1. Financial fragility in open-ended mutual funds: the role of liquidity management tools
   ESRB Working Paper Series, European Systemic Risk Board View citations (1)
2. Information Transmission between Banks and the Market for Corporate Control
   ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany
   Also in Discussion Papers, Deutsche Bundesbank (2022)
3. Liquidity support and distress resilience in bank-affiliated mutual funds
   Working Paper Series, European Central Bank View citations (3)
   Also in SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2023) View citations (3)

2022

4. A Theory of the Boundaries of Banks with Implications for Financial Integration and Regulation
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2015) View citations (2)

2021

5. Banks’ Equity Stakes in Firms: A Blessing or Curse in Credit Markets?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
6. Banks’ Equity Stakes in Firms: A Blessing or Curse in Credit Markets?
   Working Papers, Barcelona School of Economics
   Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2021)
7. Contagious zombies
   Discussion Papers, Deutsche Bundesbank

2019

8. Fear, deposit insurance schemes, and deposit reallocation in the German banking system
   Discussion Papers, Deutsche Bundesbank View citations (16)
   See also Journal Article Fear, deposit insurance schemes, and deposit reallocation in the German banking system, Journal of Banking & Finance, Elsevier (2019) View citations (14) (2019)
9. The fire-sale channels of universal banks in the European sovereign debt crisis
   Discussion Papers, Deutsche Bundesbank View citations (4)

2018

10. Dealer behaviour in the Euro money market during times of crisis
    Open Access Publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy (IfW Kiel) View citations (2)
    See also Journal Article Dealer behaviour in the Euro money market during times of crisis, Applied Economics, Taylor & Francis Journals (2018) View citations (2) (2018)
11. International financial integration, crises and monetary policy: evidence from the Euro area interbank crises
    EconStor Preprints, ZBW - Leibniz Information Centre for Economics
    Also in Working Papers, Federal Reserve Bank of Boston (2017) View citations (1)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2017) View citations (1)

2017

12. International Financial Integration, Crises and Monetary Policy: Cross-Border Interbank Lending During the Euro Crises
    Working Papers, Barcelona School of Economics

2016

13. Collateral, Central Bank Repos, and Systemic Arbitrage
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2016) View citations (8)
14. How central is central counterparty clearing? A deep dive into a European repo market during the crisis
    Discussion Papers, Deutsche Bundesbank View citations (1)
15. Relationship lending in the interbank market and the price of liquidity
    Working Papers, Federal Reserve Bank of Boston View citations (26)
    Also in Discussion Papers, Deutsche Bundesbank (2012) View citations (48)
    See also Journal Article Relationship Lending in the Interbank Market and the Price of Liquidity, Review of Finance, European Finance Association (2017) View citations (53) (2017)

2015

16. Cross-Border Liquidity, Relationships and Monetary Policy: Evidence from the Euro Area Interbank Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (19)
    Also in Discussion Papers, Deutsche Bundesbank (2014) View citations (37)
17. Euro money market trading during times of crisis
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel)
18. On the role of market makers for money market liquidity and tensions
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel)
19. The intraday interest rate: What's that?
    Discussion Papers, Deutsche Bundesbank View citations (2)

2014

20. Banks, markets, and financial stability
    Discussion Papers, Deutsche Bundesbank
    Also in VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association (2013)
21. Corporate Transparency and Bond Liquidity
    Working Papers on Finance, University of St. Gallen, School of Finance View citations (5)
22. The Role of Interbank Relationships and Liquidity Needs
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    Also in Discussion Papers, Deutsche Bundesbank (2013) View citations (3)
    See also Journal Article The role of interbank relationships and liquidity needs, Journal of Banking & Finance, Elsevier (2015) View citations (45) (2015)

2013

23. How stressed are banks in the interbank market?
    Discussion Papers, Deutsche Bundesbank View citations (13)
24. Is proprietary trading detrimental to retail investors?
    Discussion Papers, Deutsche Bundesbank View citations (8)
    See also Journal Article Is Proprietary Trading Detrimental to Retail Investors?, Journal of Finance, American Finance Association (2018) View citations (22) (2018)

2012

25. Financial Integration, Specialization, and Systemic Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (29)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (6)
    Working Paper Series, European Central Bank (2012) View citations (29)
    See also Journal Article Financial integration, specialization, and systemic risk, Journal of International Economics, Elsevier (2012) View citations (24) (2012)

2011

26. Substitution between net and gross settlement systems: A concern for financial stability?
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2011)
27. The price of liquidity: the effects of market conditions and bank characteristics
    Working Paper Series, European Central Bank View citations (65)
    See also Journal Article The price of liquidity: The effects of market conditions and bank characteristics, Journal of Financial Economics, Elsevier (2011) View citations (71) (2011)

2010

28. The Price of Liquidity: Bank Characteristics and Market Conditions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    Also in CESifo Working Paper Series, CESifo (2009) View citations (3)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (5)
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2010) View citations (12)

2009

29. 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 (13) (2014)

2008

30. Open-End Real Estate Funds in Germany - Genesis and Crisis
    Working Paper Series: Finance and Accounting, Department of Finance, Goethe University Frankfurt am Main
    Also in Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank (2007) View citations (7)

2007

31. Financial Intermediaries, Markets, and Growth
    Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2004) View citations (3)
    Econometric Society 2004 North American Summer Meetings, Econometric Society (2004) View citations (46)
    Research Working Paper, Federal Reserve Bank of Kansas City (2004) View citations (5)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2005) View citations (1)
    See also Journal Article Financial Intermediaries, Markets, and Growth, Journal of Money, Credit and Banking, Blackwell Publishing (2008) View citations (18) (2008)
32. The marketability of bank assets and managerial rents: implications for financial stability
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (3)
33. Welfare Effects of Financial Integration
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    Also in Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank (2007) View citations (7)

2006

34. Limits to international banking consolidation
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (1)
    See also Journal Article Limits to International Banking Consolidation, Open Economies Review, Springer (2008) View citations (4) (2008)
35. Money market derivatives and the allocation of liquidity risk in the banking sector
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank
36. The Eurosystem money market auctions: a banking perspective
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    Also in Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank (2005)
    See also Journal Article The eurosystem money market auctions: A banking perspective, Journal of Banking & Finance, Elsevier (2007) View citations (24) (2007)

2005

37. Banks, Markets, and Efficiency
    Finance, University Library of Munich, Germany
    Also in Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank (2005)
    Staff Reports, Federal Reserve Bank of New York (2005)
    See also Journal Article Banks, markets, and efficiency, Annals of Finance, Springer (2009) View citations (2) (2009)
38. Financial Integration and Systemic Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank (2005) View citations (6)

2004

39. Financial Intermediation, markets, and growth
    2004 Meeting Papers, Society for Economic Dynamics
40. Optimal Lender of Last Resort Policy in Different Financial Systems
    Finance, University Library of Munich, Germany View citations (3)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2004) View citations (3)

2003

41. On the Stability of Different Financial Systems
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (1)
    Also in Working Paper Series: Finance and Accounting, Department of Finance, Goethe University Frankfurt am Main (2003)
    Finance, University Library of Munich, Germany (2003) View citations (13)
    See also Journal Article On the Stability of Different Financial Systems, Journal of the European Economic Association, MIT Press (2004) View citations (25) (2004)

Journal Articles

2023

1. Who borrows from the Eurosystem’s lender-of-the-last-resort facility?
   Journal of Banking & Finance, 2023, 150, (C)

2022

2. Cross-border interbank liquidity, crises, and monetary policy
   Journal of International Economics, 2022, 139, (C) View citations (2)
3. Private value of central bank liquidity and Banks’ bidding behavior in variable rate tender auctions
   Journal of Banking & Finance, 2022, 136, (C) View citations (1)

2019

4. Fear, deposit insurance schemes, and deposit reallocation in the German banking system
   Journal of Banking & Finance, 2019, 105, (C), 151-165 View citations (14)
   See also Working Paper Fear, deposit insurance schemes, and deposit reallocation in the German banking system, Discussion Papers (2019) View citations (16) (2019)
5. What We Can Learn from the Introduction of Blanket Deposit Guarantees in Germany 2008 about the Benefits of EDIS
   ifo DICE Report, 2019, 17, (01), 26-29 View citations (2)

2018

6. Dealer behaviour in the Euro money market during times of crisis
   Applied Economics, 2018, 50, (48), 5204-5219 View citations (2)
   See also Working Paper Dealer behaviour in the Euro money market during times of crisis, Open Access Publications from Kiel Institute for the World Economy (2018) View citations (2) (2018)
7. Is Proprietary Trading Detrimental to Retail Investors?
   Journal of Finance, 2018, 73, (3), 1323-1361 View citations (22)
   See also Working Paper Is proprietary trading detrimental to retail investors?, Discussion Papers (2013) View citations (8) (2013)

2017

8. Relationship Lending in the Interbank Market and the Price of Liquidity
   Review of Finance, 2017, 21, (1), 33-75 View citations (53)
   See also Working Paper Relationship lending in the interbank market and the price of liquidity, Working Papers (2016) View citations (26) (2016)
9. Variations in Market Liquidity and the Intraday Interest Rate
   Journal of Money, Credit and Banking, 2017, 49, (4), 733-765 View citations (13)

2015

10. The role of interbank relationships and liquidity needs
    Journal of Banking & Finance, 2015, 53, (C), 99-111 View citations (45)
    See also Working Paper The Role of Interbank Relationships and Liquidity Needs, Working Papers (Old Series) (2014) (2014)

2014

11. 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 (13)
    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)

2012

12. Financial integration, specialization, and systemic risk
    Journal of International Economics, 2012, 88, (1), 150-161 View citations (24)
    See also Working Paper Financial Integration, Specialization, and Systemic Risk, CEPR Discussion Papers (2012) View citations (29) (2012)

2011

13. The price of liquidity: The effects of market conditions and bank characteristics
    Journal of Financial Economics, 2011, 102, (2), 344-362 View citations (71)
    See also Working Paper The price of liquidity: the effects of market conditions and bank characteristics, Working Paper Series (2011) View citations (65) (2011)

2009

14. Bad Banks: Überzeugt das Konzept der Bundesregierung?
    ifo Schnelldienst, 2009, 62, (13), 03-13
15. Banks, markets, and efficiency
    Annals of Finance, 2009, 5, (2), 131-160 View citations (2)
    See also Working Paper Banks, Markets, and Efficiency, Finance (2005) (2005)
16. The marketability of bank assets, managerial rents and banking stability
    Journal of Financial Stability, 2009, 5, (3), 272-282 View citations (1)

2008

17. Financial Intermediaries, Markets, and Growth
    Journal of Money, Credit and Banking, 2008, 40, (4), 701-720 View citations (18)
    Also in Journal of Money, Credit and Banking, 2008, 40, (4), 701-720 (2008) View citations (6)
    See also Working Paper Financial Intermediaries, Markets, and Growth, Vanderbilt University Department of Economics Working Papers (2007) (2007)
18. Limits to International Banking Consolidation
    Open Economies Review, 2008, 19, (5), 651-666 View citations (4)
    See also Working Paper Limits to international banking consolidation, Discussion Paper Series 2: Banking and Financial Studies (2006) View citations (1) (2006)
19. Liquidity management and overnight rate calendar effects: Evidence from German banks
    The North American Journal of Economics and Finance, 2008, 19, (1), 7-21 View citations (8)

2007

20. Hölscher, J., and Tomann, H. (eds.): Globalization of Capital Markets and Monetary Policy
    Journal of Economics, 2007, 90, (1), 109-111
21. The eurosystem money market auctions: A banking perspective
    Journal of Banking & Finance, 2007, 31, (9), 2925-2944 View citations (24)
    See also Working Paper The Eurosystem money market auctions: a banking perspective, Working Papers (Old Series) (2006) (2006)

2006

22. Is competition in the financial sector a good thing?
    Journal of Financial Transformation, 2006, 17, 123-129

2004

23. On the Stability of Different Financial Systems
    Journal of the European Economic Association, 2004, 2, (6), 969-1014 View citations (25)
    See also Working Paper On the Stability of Different Financial Systems, Discussion Paper Series 1: Economic Studies (2003) View citations (1) (2003)

Chapters

2017

1. Capturing depositors' expectations with Google data
   A chapter in Big Data, 2017, vol. 44

2009

2. Financial Globalization and Stability
   Chapter 5 in Globalization And Systemic Risk, 2009, pp 53-83 View citations (3)

2006

3. Financial Integration Through the Interbank Market: Stability and Welfare Implications
   Chapter 22 in Financial Development, Integration and Stability, 2006

2003

4. The institutional Design of Central Banks
   Chapter 23 in Handbook of International Banking, 2003 View citations (1)