Publications of Martin F. Hellwig
All genres
Journal Article (116)
2024
Journal Article
Running on empty: Accounts of the 2023 bank failures. Newsletter of the Royal Economic Society 205, pp. 20 - 21 (2024)
2023
Journal Article
Die Credit Suisse als Menetekel. Schweizer Monat 1111, pp. 29 - 32 (2023)
Journal Article
Bankbuch und Marktwertbilanzierung – Silicon Valley Bank als Menetekel. Audit Committee Quarterly 2, pp. 58 - 59 (2023)
2022
Journal Article
Gasknappheit und Wirtschaftspolitik in Deutschland. Zeitschrift für Wirtschaftspolitik 71 (2), pp. 148 - 158 (2022)
Journal Article
Geldpolitik und Nachhaltigkeit. Wirtschaftsdienst 102 (5), pp. 341 - 343 (2022)
Journal Article
Dynamic inefficiency and fiscal interventions in an economy with land and transaction costs. German Economic Review 23 (1), pp. 21 - 60 (2022)
Journal Article
Incomplete-information games in large populations with anonymity. Theoretical Economics 17, pp. 461 - 506 (2022)
2021
Journal Article
"Capitalism: What has gone wrong?" Who went wrong? Capitalism? The market economy? Governments? "Neoliberal" economics? Oxford Review of Economic Policy 37 (4), pp. 664 - 677 (2021)
Journal Article
Reducing the mobility of SARS-CoV-2 variants to safeguard containments. Intereconomics 56, pp. 234 - 236 (2021)
Journal Article
Twelve years after the financial crisis: Too-big-to-fail is still with us. Journal of Financial Regulation 7 (1), pp. 175 - 187 (2021)
Journal Article
Deutschland braucht ein Investitionskompetenzprogramm. Wirtschaftsdienst 101, pp. 176 - 179 (2021)
Journal Article
Der Zinssatz ist kein Preis. Wirtschaftsdienst 101, pp. 862 - 869 (2021)
Journal Article
Krise und Reformbedarf der BaFin. Wirtschaftsdienst 101 (7), pp. 505 - 508 (2021)
2020
Journal Article
Property taxes and dynamic inefficiency: A correction of a “correction”. Economics Letters 197, 109603 (2020)
2019
Journal Article
In memoriam Felix Höffler (1970-2019). Zeitschrift für Wirtschaftspolitik 68 (1), pp. 1 - 5 (2019)
Journal Article
Banken: Aufsicht in Zeiten der Dauerkrise. Finanzwende, Die Akte BAFIN, pp. 60 - 66 (2019)
Journal Article
Verursachen Target-Salden Risiken für die Steuerzahler? Wirtschaftsdienst 99 (8), pp. 553 - 561 (2019)
Journal Article
Target-Salden, Leistungsbilanzsalden, Geldschöpfung, Banken und Kapitalmärkte. Wirtschaftsdienst 9, pp. 632 - 640 (2019)
2018
Journal Article
The Leverage Ratchet Effect. Journal of Finance LXXIII (1), pp. 145 - 198 (2018)
Journal Article
Risks grow as reform resolve disappears. Global Public Investor, p. 78 - 78 (2018)
Journal Article
HSH Nordbank: Verkauf - ein Schlussstrich? Wirtschaftsdienst 98, p. 224 - 224 (2018)
Journal Article
Bargeld, Giralgeld, Vollgeld: zur Diskussion um das Geldwesen nach der Finanzkrise. Zeitschrift für das gesamte Kreditwesen 8, pp. 37 - 41 (2018)
Journal Article
Target-Falle oder Empörungsfalle? Zur deutschen Diskussion über die Europäische Währungsunion. Perspektiven der Wirtschaftspolitik 19 (4), pp. 345 - 382 (2018)
Journal Article
Zehn Jahre nach der Lehman-Pleite – Finanzmärkte stabil? Wirtschaftsdienst 98 (8), pp. 539 - 557 (2018)
2017
Journal Article
Italiens Banken – Die Probleme werden verschleppt. Wirtschaftswoche online (2017)
Journal Article
The Generic Possibility of Full Surplus Extraction in Models with Large Type Spaces. Journal of Economic Theory 170, pp. 385 - 416 (2017)
Journal Article
Wachstumsschwäche, Bankenmalaise und Bankenregulierung. Wirtschaftsdienst 97 (13), pp. 43 - 48 (2017)
Journal Article
Deutschland und die Finanzkrise(n). Wirtschaftsdienst 97 (9), pp. 606 - 607 (2017)
Journal Article
Man sollte mehr Mut haben, Banken in die Insolvenz gehen zu lassen: Ein Gespräch über Leistungsbilanzen, staatliche Investitionen, Schulden, Geldpolitik und Bankenregulierung. Perspektiven der Wirtschaftspolitik 18 (3), pp. 226 - 241 (2017)
Journal Article
Finanzstabilität, Transparenz und Verantwortlichkeit: Stellungnahme für das Bundesverfassungsgericht. Credit and Capital Markets/Kredit und Kapital 50 (4), pp. 421 - 454 (2017)
2016
Journal Article
Robustly Coalition-Proof Incentive Mechanisms for Public Good Provision are Voting Mechanisms and Vice Versa. Review of Economic Studies 83, pp. 1440 - 1464 (2016)
2015
Journal Article
Falsches Denken über die Geldpolitik. Die Volkswirtschaft 88 (6), p. 65 - 65 (2015)
2014
Journal Article
Beliefs, Payoffs, Information: On the Robustness of the BDP Property in Models with Endogenous Beliefs. Journal of Mathematical Economics 51, pp. 136 - 153 (2014)
Journal Article
Verdrängte Altlasten. Wirtschaft und Wissenschaft (I-2014), pp. 38 - 42 (2014)
Journal Article
'Veeg banken snel schoon'; [Interview]. De Financiële Telegraaf (2014)
2013
Journal Article
From Posteriors to Priors via Cycles: An Addendum. Economics Letters 118 (3), pp. 455 - 458 (2013)
2010
Journal Article
A Euro Rescue Plan. Cesifo Forum 11 (2010)
Journal Article
Informational Smallness and the Scope for Limiting Information Rents. Journal of Economic Theory 145, pp. 2260 - 2281 (2010)
Journal Article
Capital Regulation after the Crisis: Business as Usual? CESifo DICE Report 8 (2), pp. 40 - 46 (2010)
Journal Article
Utilitarian Mechanism Design for an Excludable Public Good. Economic Theory 44 (3), pp. 361 - 397 (2010)
Journal Article
A Generalization of the Atkinson-Stiglitz (1976) Theorem on the Undesirability of Nonuniform Excise Taxation. Economics Letters 108, pp. 156 - 158 (2010)
Journal Article
Incentive Problems with Unidimensional Hidden Characteristics: A Unified Approach. Econometrica 78 (4), pp. 1201 - 1237 (2010)
2009
Journal Article
Brandbeschleuniger im Finanzsystem. Max Planck Research 2, pp. 10 - 15 (2009)
Journal Article
A Reconsideration of the Jensen-Meckling Model of Outside Finance [Award for the Most Significant Paper in 2009]. Journal of Financial Intermediation 18, pp. 495 - 525 (2009)
Journal Article
Wenn Feuerlöscher als Brandbeschleuniger wirken, sollte man sie überholen oder abmontieren! ifo Schnelldienst 62, pp. 3 - 18 (2009)
Journal Article
A Note on Deaton's Theorem on the Undesirability of Nonuniform Excise Taxation. Economics Letters 108, pp. 186 - 188 (2009)
Journal Article
Systemic Risk in the Financial Sector: An Analysis of the Subprime-Mortgage Financial Crisis. De Economist 157 (2), pp. 129 - 207 (2009)
Journal Article
Arbeitsweise der Bankenaufsicht vor dem Hintergrund der Finanzkrise. Gutachten, Institut der deutschen Wirtschaft (2009)
2008
Journal Article
The Causes of the Financial Crisis. CESifo Forum 9, pp. 12 - 21 (2008)
Journal Article
L’enseignement économique dans les lycées. Commentaire 31, pp. 732 - 760 (2008)
Journal Article
Schelte für den Schiedsrichter: Warum die Finanzaufsicht in der Krise versagt hat. Internationale Politik 63, pp. 62 - 65 (2008)
Journal Article
Zur Problematik staatlicher Beschränkungen der Beteiligung und der Einflussnahme von Investoren bei großen Unternehmen. Zeitschrift für das gesamte Handelsrecht und Wirtschaftsrecht 172, pp. 768 - 787 (2008)
2007
Journal Article
The Rail Network isn't Financially Viable. Max Planck Research 1, pp. 32 - 37 (2007)
Journal Article
The Role of Boundary Solutions in Principal-agent Problems of the Holmström-Milgrom type. Journal of Ecnomic Theory 136, pp. 446 - 475 (2007)
Journal Article
A Contribution to the Theory of Optimal Utilitarian Income Taxation. Journal of Public Economics 91, pp. 1449 - 1477 (2007)
2006
Journal Article
Staatsversagen: Zur Erosion der öffentlichen Investitionen. Magazin der Heinrich-B 2006/02, pp. 12 - 13 (2006)
Journal Article
Strompreise und CO2-Zertifikate: Wir brauchen einen "more economic approach"! Wirtschaft und Wettbewerb 11/2006, p. 1095 - 1095 (2006)
Journal Article
Wie bringt man einen Verlustmacher an die Börse? Orientierungen zur Wirtschafts- und Gesellschaftspolitik 109, pp. 4 - 8 (2006)
Journal Article
Wie bringt man einen Verlustmacher an die Börse? Kritische Bemerkungen zum Börsengang der Deutsche Bahn AG. Wirtschaftsdienst 86, pp. 504 - 509 (2006)
Journal Article
An Economic Approach to Article 82. Competition Policy International 2, pp. 111 - 154 (2006)
2005
Journal Article
Elitemodell Wartburg? Dokumentationen des Stifterverbandes f, pp. 16 - 23 (2005)
Journal Article
A Utilitarian Approach to the Provision and Pricing of Excludable Public Goods. Journal of Public Economics 89, pp. 1981 - 2003 (2005)
2004
Journal Article
The Relation between Real Wage Rates and Employment: An Intertemporal General Equilibrium Approach. German Economic Review 5 5, pp. 263 - 295 (2004)
2003
Journal Article
Public-Good Provision with Many Participants. Review of Economic Studies 70, pp. 589 - 614 (2003)
2002
Journal Article
Discrete-Time Approximations of the Holmström-Milgrom Brownian-Motion Model of Intertemporal Incentive Provision. Econometrica 70, pp. 2225 - 2264 (2002)
Journal Article
Netzwettbewerb durch Regulierung. VIK-Mitteilungen 52, pp. 118 - 124 (2002)
Journal Article
Conglomeration: Good, Bad, or Unavoidable? Schmalenbach Business Review, pp. 55 - 78 (2002)
2001
Journal Article
Risk Aversion and Incentive Compatibility with Ex Post Information Asymmetry. Economic Theory 18, pp. 415 - 438 (2001)
Journal Article
Endogenous Technical Change in a Competitive Economy. Journal of Economic Theory 101, pp. 1 - 39 (2001)
2000
Journal Article
Banken zwischen Politik und Markt: Worin besteht die volkswirtschaftliche Verantwortung der Banken? Perspektiven der Wirtschaftspolitik 1, pp. 337 - 356 (2000)
Journal Article
Financial Intermediation with Risk Aversion. Review of Economic Studies 67, pp. 719 - 742 (2000)
1998
Journal Article
Banks, Markets, and the Allocation of Risks. Journal of Institutional and Theoretical Economics 154, pp. 328 - 351 (1998)
Journal Article
International Contagion - the Result of Information or of Rhetoric? Contribution to Panel on International Contagion. Schweizerische Zeitschrift für Volkswirtschaft und Statistik 134, pp. 715 - 721 (1998)
Journal Article
Systemische Risiken im Finanzsektor. Schriften des Vereins für Socialpolitik: Zeitschrift für Wirtschafts- und Sozialwissenschaften 261, pp. 123 - 151 (1998)
1996
Journal Article
Capital Requirements for Market Risks Based on Inhouse Models – Aspects of Quality Assessment – Beitrag zur Panel-Diskussion. Schweizerische Zeitschrift für Volkswirtschaft und Statistik 132, pp. 755 - 759 (1996)
Journal Article
Rational Expectations Equilibria in Sequence Economies with Symmetric Information: The Two Period Case. Journal of Mathematical Economics 26, pp. 9 - 49 (1996)
Journal Article
Sequential Decisions Under Uncertainty and the Maximum Theorem. Journal of Mathematical Economics 25, pp. 443 - 464 (1996)
1995
Journal Article
The Assessment of Large Compounds of Independent Gambles. Journal of Economic Theory 67, pp. 299 - 326 (1995)
Journal Article
The Macroeconomic Implications of Capital Adequacy Requirements for Banks. European Economic Review 39, pp. 739 - 749 (1995)
Journal Article
Systemic Aspects of Risk Management in Banking and Finance. Schweizerische Zeitschrift für Volkswirtschaft und Statistik 131, pp. 723 - 737 (1995)
1994
Journal Article
Liquidity Provision, Banking, and the Allocation of Interest Rate Risk. European Economic Review 38, pp. 1363 - 1389 (1994)
1993
Journal Article
The Challenge of Monetary Theory. European Economic Review 37, pp. 215 - 242 (1993)
Journal Article
Bertrand-Edgeworth Duopoly with Proportional Residual Demand. International Economic Review 34, pp. 39 - 60 (1993)
1992
Journal Article
Comment on ‘The Marshall Plan: Economic Effects and Implications for Eastern Europe and the Soviet Union’ by B. Eichengreen and M. Uzan. Economic Policy 14, pp. 55 - 58 (1992)
Journal Article
Fully Revealing Outcomes in Signalling Models: An Example of Nonexistence when the Type Space is Unbounded. Journal of Economic Theory 58, pp. 93 - 104 (1992)
1991
Journal Article
Die Kommunikationsfunktion der Finanzmärkte. Schweizerische Zeitschrift für Volkswirtschaft und Statistik 127, pp. 351 - 364 (1991)
1990
Journal Article
Subgame Perfect Equilibrium in Continuous Games of Perfect Information: An Elementary Approach to Existence and Approximation by Discrete Games. Journal of Economic Theory 52, pp. 406 - 422 (1990)
1989
Journal Article
Asymmetric Information, Financial Markets, and Financial Institutions: Where are We Currently Going? European Economic Review 33, pp. 277 - 285 (1989)
Journal Article
The Approximation of Competitive by Bertrand-Edgeworth Equilibria in Large Markets. Journal of Mathematical Economics 18, pp. 103 - 126 (1989)
1988
Journal Article
Comment on ‘Equity, Opportunism and the Design of Contractual Relations’. Zeitschrift für die gesamte Staatswissenschaft 144, pp. 200 - 207 (1988)
Journal Article
A Note on the Specification of Inter-Firm Communication in Insurance Markets with Adverse Selection. Journal of Economic Theory 46, pp. 154 - 163 (1988)
1987
Journal Article
Some Recent Developments in the Theory of Competition in Markets with Adverse Selection. European Economic Review 31, pp. 319 - 325 (1987)
Journal Article
On the Existence of Subgame-Perfect Equilibrium in Infinite-Action Games of Perfect Information. (1987)
Journal Article
Economic Policy in Germany: Was There a Turnaround? Economic Policy 5, pp. 105 - 140 (1987)
1986
Journal Article
Comment on 'The Pure Theory of Country Risk' by Jonathan Eaton, Mark Gersovitz, and Joseph E. Stiglitz. European Economic Review 30, pp. 521 - 527 (1986)
Journal Article
Comment on ‘Unemployment Flows in Britain: Facts, Theory and Policy. Economic Policy 1, pp. 543 - 548 (1986)
Journal Article
The Optimal Linear Income Tax Revisited. Journal of Public Economics 31, pp. 163 - 179 (1986)
Journal Article
Risikoallokation in einem Marktsystem. Schweizerische Zeitschrift für Volkswirtschaft und Statistik 122, pp. 231 - 251 (1986)
Journal Article
Bertrand-Edgeworth Oligopoly in Large Markets. Review of Economic Studies 53, pp. 175 - 204 (1986)
Journal Article
Price-Setting Firms and the Oligopolistic Foundations of Perfect Competition. American Economic Review, Papers and Proceedings 76, pp. 387 - 392 (1986)