JAN 2018

14:15 - 15:45
IWH Research Seminar

Cutting Out the Middleman – The ECB as Corporate Bond Investor

We propose a novel mechanism how central bank interventions can affect the real economy: direct corporate debt purchases by a central bank can increase the effectiveness of the banklending channel.

Sascha Steffen  (Frankfurt School of Finance & Management)
IWH conference room
Sascha Steffen

Personal details

Sascha Steffen is Professor of Finance at Frankfurt School of Finance & Management His research is in the area of banking, corporate finance and financial intermediation.

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