Publications by Professor Tobias Körner

Articles in peer-reviewed journals

  • Board Accountability and Risk-Taking in Banking: Evidence from a Quasi-Experiment, Journal of Financial Services Research, 2017, 52,155‑190, doi:10.1007/s10693‑016‑0252‑3.
  • Supervisory Board Qualification of German Banks: Legal Standards and Survey Evidence, with O Müller, S Paul, C M Schmidt, Credit and Capital Markets, 2016, 49 (2), pp 299‑342.
  • Towards Deeper Financial Integration in Europe: What the Banking Union Can Contribute, with C Buch and B Weigert, Credit and Capital Markets, 2015, 48(1), pp 11‑49.
  • Public Ownership of Banks and Economic Growth – The Impact of Country Heterogeneity, with I Schnabel, Economics of Transition, 2011, 19(3), pp 407‑441.

Working papers

  • Doom Loop, Trilemma, and Moral Hazard: Which Narrative of the Banking Union Did Stock Market Investors Buy?, with M Papageorgiou, Discussion Paper No 34/2024, Deutsche Bundesbank.
  • Abolishing Public Guarantees in the Absence of Market Discipline, with I Schnabel, Ruhr Economic Paper No 437, August 2013, Ruhr-Universität Bochum, TU Dortmund University, University of Duisburg-Essen, RWI Essen.

Textbooks and monographs

  • Finanzstabilität – Einführung in die makroprudenzielle Politik, jointly edited with O Kruse, 1st edition, 2024, Schäffer-Poeschel Verlag, Stuttgart.
  • Governance of Banks, Economic Growth, and Financial Stability, dissertation, Ruhr-Universität Bochum, 2012.

Policy-oriented publications

  • Empirische Determinanten historischer Schulden- und Währungskrisen: Welche Rolle spielt der Bankensektor?, with L Körner, in: J Stember, editor: Neue Erkenntnisse und Ansätze im Polizei-, Verwaltungs- und öffentlichen Finanzmanagement, Schriften des Praxis- und Forschungsnetzwerks der Hochschulen für den öffentlichen Dienst 9, Nomos, Baden-Baden, 2022.
  • Removing privileges for banks' sovereign exposures – a proposal, with J Andritzky, N Gadatsch, A Schäfer, I Schnabel, European Economy – Banks, Regulation and the Real Sector, July 2016.
  • A proposal for ending the privileges for sovereign exposures in banking regulation, with J Andritzky, N Gadatsch, A Schäfer, I Schnabel, voxeu.org, March 2016.
  • Macroprudential supervision in the Eurozone: Beware of excessive expectations, with N Gadatsch, I Schnabel, B Weigert, voxeu.org, June 2015.
  • The nightmare scenario that haunts Europe's incomplete Banking Union, with B Weigert, Europe's World, Spring 2015.
  • Glas halb voll oder halb leer? Eine Analyse der Qualifikation von Kontrollorganmitgliedern deutscher Banken, with O Müller, S Paul, C M Schmidt, RWI Materialien, Issue 78, May 2014, RWI Essen.
  • Stellungnahme anlässlich der öffentlichen Anhörung des Finanzausschusses des Deutschen Bundestages am 3. Juni 2013 zum „Entwurf eines Gesetzes zum Vorschlag für eine Verordnung des Rates zur Übertragung besonderer Aufgaben im Zusammenhang mit der Aufsicht über Kreditinstitute für die Europäische Zentralbank“ (Drucksache 17/13470), with Claudia M. Buch and Benjamin Weigert, IWH Online 5/2013, Halle Institute for Economic Research (IWH).

Collaboration on German Council of Economic Experts publications

  • Zeit für Reformen, Annual Economic Report 2016/17, November 2016, Wiesbaden.
  • Zukunftsfähigkeit in den Mittelpunkt, Annual Economic Report 2015/16, November 2015, Wiesbaden.
  • Konsequenzen aus der Griechenland-Krise für einen stabileren Euro-Raum, Special Report, July 2015, Wiesbaden.
  • Mehr Vertrauen in Marktprozesse, Annual Economic Report 2014/15, November 2014, Wiesbaden.
  • Gegen eine rückwärtsgewandte Wirtschaftspolitik, Annual Economic Report 2013/14, November 2013, Wiesbaden.
  • Stabile Architektur für Europa – Handlungsbedarf im Inland, Annual Economic Report 2012/13, November 2013, Wiesbaden.
  • Nach dem EU-Gipfel: Zeit für langfristige Lösungen nutzen, Special Report, July 2012, Wiesbaden.

Conference presentations and specialist lectures

  • A financial safety net for the European banking union: the (non-)role of the ESM, Conference 20 years together in the EU: Achievements and challenges – German and Polish perspectives, SGH Warsaw School of Economics, 20 June 2024, Warsaw.
  • Makroprudenzielle Politik nach der globalen Finanzkrise, Internationale Fachtagung der Professorinnen und Professoren für Volkswirtschaftslehre aus Deutschland, Österreich und der Schweiz, 15-17 May 2024, Hachenburg.
  • Doom Loop, Trilemma, and Moral Hazard: Which Narrative of the Banking Union Did Stock Market Investors Buy?, C.r.e.d.i.t. 2023 conference on social, sovereign and geopolitical risks, 21-22 September 2023, Venice.
  • Doom Loop, Trilemma, and Moral Hazard: Which Narrative of the Banking Union Did Stock Market Investors Buy?, Bundesbank Seminar on Banking and Finance, 31 July 2023, virtual.
  • Bankensektor und Niedrigzinsumfeld, Cologne Institute for Economic Research, 30 June 2016, Cologne.
  • Financial policies in Europe: Paths to more stability, “RGS meets German Council of Economic Experts” workshop, Ruhr Graduate School in Economics, 12 February 2016, Essen.
  • Entprivilegierung der Forderungen von Banken gegenüber Staaten, German Finance Agency (Bundesrepublik Deutschland Finanzagentur GmbH), 3 February 2016, Frankfurt.
  • Focus on Future Viability – Annual Economic Report of the German Council of Economic Experts 2015/16, Hochschule Düsseldorf, University of Applied Sciences, 9 December 2015, Düsseldorf.
  • Zukunftsfähigkeit in den Mittelpunkt – Annual Economic Report of the German Council of Economic Experts 2015/16, Dortmund University of Applied Sciences and Arts, 2 December 2015, Dortmund.
  • Der weite Weg zu mehr Finanzstabilität in Deutschland und Europa, seminar on the German Council of Economic Experts' Annual Economic Report 2014/15, Institut für Sozial- und Wirtschaftspolitische Ausbildung e.V., 4-5 December 2014, Berlin.
  • Institutional reforms for the Euro area: Lessons from the crisis, “RGS meets German Council of Economic Experts” workshop, Ruhr Graduate School in Economics, 21 November 2014, Essen.
  • Der weite Weg zu mehr Finanzstabilität in Deutschland und Europa, joint workshop with the Macroeconomic Policy Institute (IMK) Düsseldorf and members of the German Council of Economic Experts. Presentation and discussion of the Annual Economic Report 2014/15, Macroeconomic Policy Institute, 19 November 2014, Düsseldorf.
  • Bankenunion und Zukunft der Eurozone, Cologne Institute for Economic Research, 12 June 2014, Cologne.
  • Institutionelle Reformen für die Europäische Währungsunion, seminar on the German Council of Economic Experts' Annual Economic Report 2013/14, Institut für Sozial- und Wirtschaftspolitische Ausbildung e.V., 28-29 November 2013, Berlin.
  • Deutschland auf dem Weg in die Europäische Bankenunion, seminar for the German Council of Economic Experts' Annual Economic Report 2013/14, Institut für Sozial- und Wirtschaftspolitische Ausbildung e.V., 28-29 November 2013, Berlin.
  • Board Accountability and Risk-Taking in Banking: Evidence from a Quasi-Experiment, Annual Conference of the Verein für Socialpolitik (German Economic Association) 2011, 4-7 September 2011, Frankfurt.
  • Board Accountability and Risk-Taking in Banking: Evidence from a Quasi-Experiment, Annual Congress of the European Economic Association/European Meeting of the Econometric Society 2011, 25-29 August 2011, Oslo.
  • Board Accountability and Risk-Taking in Banking: Evidence from a Quasi-Experiment, 4th RGS Doctoral Conference in Economics, 21-23 February 2011, Dortmund.
  • When Do State-Owned Banks Hamper Economic Growth?, Annual Conference of the Verein für Socialpolitik (German Economic Association) 2009, 8-11 September 2009, Magdeburg.
  • When Do State-Owned Banks Hamper Economic Growth?, Barcelona Banking Summer School, Barcelona Graduate School of Economics, 6-10 July 2009, Barcelona.
  • When Do State-Owned Banks Hamper Economic Growth?, 7th “Money, Banking and Financial Markets” workshop, Heinrich Heine University Düsseldorf, 8-9 June 2009, Düsseldorf.