Sascha Steffen
Professor of Finance, Frankfurt School of Finance & Management

Research Interests:
Financial Intermediation, Banking, Corporate Debt Markets, Regulation of Financial Intermediaries
​
I am an empirical researcher in the area of banking and financial intermediation. In my recent work, I analyze the implications of central bank and regulatory interventions for firms’ financing and investment opportunities. Spillovers from interventions to the real economy are usually mediated through the banking sector and the question is when they benefit or hurt the economy.  [...]
> More

---

COVID-19: Banks, firms and the consequences of a pandemic

1. Coronomics XXX - Firmen, Liquiditaet und Banken - Interview in Podcast (in German) von Christian Bayer (Uni Bonn) und Ruediger Bachmann (Notre Dame)
   
   
2. "The risk of being a fallen angel and the corporate dash for cash in the midst of COVID" (with Viral Acharya), forthcoming in COVID Economics
   Download PDF
   
   
3. "Stress Test" for Banks as Liquidity Providers in a time of COVID (with Viral Acharya), published on voxeu.org
   Download PDF    Coverage Financial Times
   - Press Briefing​: COVID-19 – Could this be the trigger for a new financial crisis? (March 2020)
   
   
4. A Protective Shield for Europe' Banks  ​(with M. Schularick)

Latest Tweets

Tweets by sascha_steffen

Upcoming talks & conferences

• WU Vienna (May 8, 2020)
• University of Bonn (May 19, 2020)
• Villanova Webinar in Financial Intermediation
  (May 21, 2020) https://sites.google.com/view/vuwifi 

​

New working papers

Capital Misallocation and Innovation (NEW)
Co-authored with C. Schmidt, Y. Schneider and D. Streitz
[Paper on SSRN]

What's in the Spread? The Predictive Power of Loan versus Bond Spreads (Coming Soon)
Co-authored with A. Saunders, A. Spina and D. Streitz