• Pierret, D., and S. Steffen (2018). Capital Shortfalls of European Banks following the 2018 Stress Test
  • Pierret, D., and S. Steffen (2018). Have European Banks Become Safer?
  • Schneider, Y. and S. Steffen (2017). Feasibility Check: Transition to a New Regime for Bank Sovereign Exposure? In-Depth Analysis, provided at the request of the Economic and Monetary Affairs Committee, European Parliament.
  • Acharya, V., and S. Steffen (2017). The Importance of a Banking Union and Fiscal Union for a Capital Markets Union. Prepared for European Commission, Directorate-General for Economic and Financial Affairs.
  • Acharya, V., D. Pierret, and S. Steffen (2016). High Time to Tell European Banks:  No Dividends.
    • Turning of the Dividend Spigot, Project Syndicate, Sept. 2016
  • Acharya, V., D. Pierret, and S. Steffen (2016). Introducing the “Leverage Ratio” in Assessing the Capital Adequacy of European Banks.
    • Coverage in Financial Times (2x), Wall Street Journal, Bloomberg (among others)
  • Acharya, V., D. Pierret, and S. Steffen (2016). Capital Shortfalls of European Banks since the Start of the Banking Union.
  • Steffen, S. (2016). Country Report – Germany, in “European Banking Supervision: The First Eighteen Months”, edited by Nicolas Veron and Dirk Schoenmaker.
  • Acharya, V. and S. Steffen (2016). Capital Markets Union – Why Other Unions Must Lead the Way, Swiss Journal of Economics and Statistics Vol. 152 (4), 319-329.
  • Steffen, S. (2015). Capital Shortfalls in SSM Banks: How much progress has been made? In-Depth Analysis, provided at the request of the Economic and Monetary Affairs Committee, European Parliament.
  • Goetz, M., R. Haselmann, J. Krahnen and S. Steffen (2015). Did emergency liquidity assistance (ELA) of the ECB delay the bankruptcy of Greek banks?, SAFE Policy Brief.
  • Acharya, V. and S. Steffen (2015). Is the Banking Union Stable and Resilient as it Looks? Prepared for Allen, F., E. Carletti (edts), The New Financial Architecture.
  • Steinbruecke, L., and S. Steffen (2015). Funktionsweise und Einschätzung des “Comprehensive Assessment”, zfbf Kontaktstudium (in German).
  • Acharya, V. and S. Steffen (2014). Benchmarking the European Central Bank's Asset Quality Review and Stress Test – A Tale of Two Leverage Ratios. Center of European Policy Studies Working Paper Series.
    • Coverage in NY Times, Financial Times, Telegraph (among others)
    • FT Letter to the editor: “Why should ECB have produced results so different from our?” with Viral V. Acharya and Robert Engle
  • Acharya, V. and S. Steffen (2014). Making Sense of the Comprehensive Assessment. VoxEU.org October 2013, SAFE Working Paper Series Series.
    • Reprinted in “Stress Testing and Macroprudential Regulation – A Transatlantic Assessment” edited by Ronal W. Anderson, CEPR Press, SRC, FMG, May 2016.
  • Steffen (2014). Robustness, validity and significance of the ECB’s asset quality review and stress test exercise. In-Depth Analysis, provided at the request of the Economic and Monetary Affairs Committee, European Parliament.
  • Acharya, V. and S. Steffen (2014). Falling Short of Expectations? Stress-Testing the European Banking System. Center of European Policy Studies Working Paper Series.
  • Acharya, V., and S. Steffen (2013). The banking crisis as a giant carry trade gone wrong, VoxEU.org May 2013.
  • Mattes, J., M. Wahrenburg and S. Steffen (2013). Do information rents in loan spreads persist over the business cycles? Journal of Financial Services Research (43), 175–195.
  • 20.Fischer, M, C. Hainz, J. Rocholl and S. Steffen (2012).Wie wirkt sich der Wegfall staatlicher Garantien auf die Risikoübernahme von Banken aus?, ifo Schnelldienst 65 (18), 2012, 17-21.
  • Acharya, V., D. Schoenmaker, and S. Steffen (2011). How much capital do European banks need? Some estimates. VoxEU.org, November, 22.
  • Steffen, S. (2011). Measuring systemic risk of the European banking sector. VoxEU.org, July 13.
  • Schmidt, D. F. Szabo, and S. Steffen (2010). Exit strategies of buyout investments: An empirical analysis. Journal of Alternative Investments 12(4): 58–84.
  • Schmidt, D. F. Szabo, and S. Steffen (2007). Exit strategien von buyout-investments. Absolut|report, 26–31.


Monographs & book chapters

  • Acharya, V., and S. Steffen (2014). Analyzing systemic risk of the European banking sector with, Handbook on systemic risk ed. J.-P. Fouque and J. Langsam, Cambridge, UK: Cambridge University Press.
  • Weber, M., and S. Steffen (2011). Thesen zur Reform des Einlagensicherungssystems. München: Beck.
  • Schuewer, U., and S. Steffen (2008/2009). Funktionen und Einsatz von Finanzderivaten. In: Außerbörsliche (OTC) Finanzderivate: Rechtshandbuch, ed. J.-C. Zerey. München: Nomos
  • Steffen, S. (2008). The role of private information in financial contracting: Evidence from the syndicated loan market. Unpublished Dissertation.