Research Focus

• International macroeconomics and finance (financial crises, lender of last resort, capital flows)
• Banking (banking stability and regulation, “too big to fail’’, systemic risk)
• Applied econometrics
• Economic history (financial crises and institutions)

Academic Career

• Since March 2009: Professor (W3) of Economics, esp. Financial Economics, Department of Law and Economics, Johannes Gutenberg-Universität Mainz
• Since March 2009: Deputy Dean of Graduate School of Economics, Finance, and Management (GSEFM), Goethe University Frankfurt and Johannes Gutenberg University Mainz
• Since September 2007: Research Affiliate at the Max Planck Institute for Research on Collective Goods
• Since January 2007: Research Affiliate at the Centre for Economic Policy Research (CEPR) in the program area "Financial Economics”
• September 2007 - February 2009: Professor (W2) of Economics, esp. Financial Economics, Department of Law and Economics, Johannes Gutenberg-Universität Mainz
• April - September 2007: Temporary Professor (W2) of Economics, esp. Microeconomics, Department of Law and Economics, Johannes Gutenberg-Universität Mainz
• May 2004 – August 2007: Senior Research Fellow at the Max Planck Institute for Research on Collective Goods
• September 2004 – March 2005: Visiting Postdoctoral Fellow at the Department of Economics at Harvard University
• 2003 – 2004: Assistant Professor of Economics, Department of Economics, University of Mannheim
• 2003: Dissertation in Economics, University of Mannheim, Dissertation Title: “Macroeconomic Risks and Financial Crises – A Historical Perspective”, Advisors: Professor Martin Hellwig, Ph.D., Professor Dr. Christoph Buchheim
• 1998 – 2003: Doctoral Studies in Economics at the University of Mannheim, Research and Teaching Assistant to Professor Martin Hellwig, Ph.D.
• 1998: Diploma in Economics, University of Mannheim, Diploma Thesis on “Banking and curreny crises”
• 1992 – 1998 Studies of Economics at the Universities of Mannheim, Berkeley and Paris

Publications

Hakenes H., Schnabel I., Bank Bonuses and Bail-Outs, Journal of Money, Credit, and Banking, In Press. Preprint

Friedrich C., Schnabel I., Zettelmeyer J., Financial Integration and Growth – Why Is Emerging Europe Different?, Journal of International Economics, In Press.

Schnabel I., Barth A., Why Banks Are Not Too Big To Fail - Evidence from the CDS Market, Economic Policy, In Press.

Hakenes H., Schnabel I., Bank Bonuses and Bail-Outs, issue 2013/03, Bonn, Max Planck Institute for Research on Collective Goods, 2013. Abstract Full text

Hakenes H., Schnabel I., Bank Size and Risk Taking under Basel II, Journal of Banking and Finance, vol. 35, no. 6, pp. 1436-1449, 2011.

Hakenes H., Schnabel I., Capital Regulation, Bank Competition, and Financial Stability, Economics Letters, vol. 118, pp. 256-258, 2011.

Gropp R., Hakenes H., Schnabel I., Competition, Risk-Shifting, and Public Bail-out Policies, Review of Financial Studies, vol. 24, no. 6, pp. 2084-2120, 2011. Preprint

Schnabel I., Bonin J. P., The great transformation: From government-owned to foreign-controlled banking sectors. A symposium on banking in transition, Economics of Transition, vol. 19, no. 3, pp. 397-405, 2011.

Schnabel I., Körner T., Public Ownership of Banks and Economic Growth: The Impact of Country Heterogeneity, Economics of Transition, vol. 19, no. 3, pp. 407-441, 2011. Preprint

Hakenes H., Schnabel I., Banks without Parachutes – Competitive Effects of Government Bail-out Policies, Journal of Financial Stability, vol. 6, pp. 156-168, 2010. Preprint

More publications