Prof. Gropp

Bild von Reint Gropp

Prof. Dr. Reint Gropp

Fakultät für Wirtschaftswissenschaft (FWW)
Universitätsplatz 2, 39106 Magdeburg, G23-207

Abgeschlossene Projekte

Arbeitsmarkteffekte von öffentlichen Bankgarantien
Laufzeit: 01.01.2021 bis 31.07.2023

Öffentliche Bankgarantien sind weltweit weit verbreitet. Es gibt immer mehr Belege für ihre Auswirkungen auf die Anreize zur Risikobereitschaft der Banken und ihre antizyklischen Vorteile während einer Kreditklemme. Obwohl den realen Auswirkungen von Finanzierungsengpässen in den letzten Jahren besondere Aufmerksamkeit geschenkt wurde, ist über die langfristigen Auswirkungen öffentlicher Bankgarantien auf die Arbeitsmarktergebnisse wenig bekannt. Die Finanzkrise von 2008 und die darauf folgende Rezession haben die Rolle von Finanzierungsengpässen für die Unternehmensnachfrage und den Arbeitsmarkt insgesamt deutlich gemacht. Neuere Arbeiten deuten darauf hin, dass Unternehmen, die über ihr Kreditinstitut von einem finanziellen Schock betroffen sind, einen Rückgang der Beschäftigung, der Arbeitsstunden und der Löhne erleben. Diese Beobachtung rechtfertigt die Rolle der staatlich induzierten antizyklischen Kreditvergabe und ihre Auswirkungen auf die lokalen Arbeitsmärkte. Andererseits können staatliche Eingriffe in die Kreditvergabe der Banken die kreative Reallokation/Säuberung in der Realwirtschaft behindern. Wir planen, die Auswirkungen öffentlicher Bankgarantien auf die Beschäftigungsergebnisse zu untersuchen. Wir gehen der Frage nach, ob die durch Bankgarantien verursachten Verzerrungen der Kreditentscheidungen der Banken Auswirkungen auf die Arbeitsallokation haben, und zwar unter dem Gesichtspunkt der Unternehmensfluktuation, der Beschäftigungsfluktuation und der Arbeitsplatzübergänge. Es wird argumentiert, dass Bankgarantien die Marktdisziplin der Banken und ihre Anreize, Unternehmen bei Kreditentscheidungen zu prüfen und zu überwachen, verringern. Über diesen Kanal erhalten unproduktive Unternehmen Finanzmittel, die die ansonsten optimalen Ausstiegsentscheidungen verzögern. Dieser Mechanismus verzerrt auch die Effizienz der Einstellungs- und Entlassungsentscheidungen von Unternehmen, was zu einem unproduktiven Matching zwischen Arbeitgebern und Arbeitnehmern führt. Wir wollen untersuchen, ob mangelndes Screening aufgrund von Bankgarantien negative Auswirkungen auf die Fluktuation von Personen und Unternehmen auf dem Arbeitsmarkt hat. Zu diesem Zweck stützen wir uns auf die Entscheidung des Europäischen Gerichtshofs aus dem Jahr 2001, mit der die staatlichen Bankgarantien in Deutschland als quasi-natürliches Experiment abgeschafft wurden. Diese Änderung betraf nur die deutschen öffentlichen Banken, da diese durch eine Bundesgarantie geschützt waren, während die übrigen Banken als Kontrollgruppe dienen können. Wir planen zunächst die Entwicklung eines theoretischen Modells des Arbeitsmarktes mit Kreditbeschränkungen, das Hypothesen über die Rolle der Screening-Entscheidung der Banken bei der Allokation von Arbeitskräften liefert. Wir planen, die Implikationen unserer Theorie in drei Schritten zu testen. Erstens untersuchen wir, ob unproduktive Unternehmen mit einer höheren Abhängigkeit von Sparkassen vor der gerichtlichen Regelung im Jahr 2001 eine Veränderung der Ausstiegsdynamik nach der Änderung der Politik erfahren. Zweitens prüfen wir, ob unproduktive Unternehmen, die vor 2001 stärker auf die Finanzierung durch Sparkassen angewiesen waren, eine Veränderung bei der Beschäftigung, bei neuen Arbeitsplätzen und bei Arbeitsplatzabgängen erfahren. Drittens prüfen wir, ob Personen, die in unproduktiven Unternehmen arbeiten, die vor 2001 in erheblichem Maße auf die Finanzierung durch Sparkassen angewiesen waren, nach 2001 schneller ihren Arbeitsplatz verlassen oder wechseln.
Dieser Text wurde mit DeepL übersetzt

Projekt im Forschungsportal ansehen

Bank financial distress and consumption expenditure
Laufzeit: 01.01.2014 bis 31.12.2018

Part 1. Examines the effect of banks financial distress on Canadian household consumption during the 2008/2009 financial crisis. The paper uses a unique identification strategy to show that distressed banks significantly reduced the supply of household non-mortgage credit. For high income/high wealth households this does not result in a reduction of consumption, because these households are able to compensate by drawing down liquid assets. Those households with low incomes or low liquid assets reduce consumption. On aggregate the credit supply effects can explain just over half of the dip in household consumption expenditures in Canada during the 2008/2009 financial crisis.

Part 2: Examines the effect of the real estate bust in the U.S. after the financial crisis on consumption expenditures. The literature has argued that consumption in 20010-20013 did not pick up in the recovery, because households were deleveraging, i.e. reducing their exposure to debt. This is a demand effect. In the paper we show that a supply effects was also at work. We take advantage of the fact that renters were not exposed to the adverse real estate wealth shock to identify supply effects.

Projekt im Forschungsportal ansehen

Public Soft information
Laufzeit: 01.01.2014 bis 31.12.2018

In their annual 10-K reports, the managers of public firms usually include forward-looking disclo-sures, i.e. public statements about their firms' expected future performance, like e.g. future profits or future revenues. Provided that such forward-looking disclosures contain additional information, their release might reduce the information asymmetry between firm insiders and outsiders, and result into better financing terms for a public firm. Prima facie, the information content of forward-looking disclosures is ambiguous, since they are non-verifiable at the moment they are made, and since managers might try to improve the financing terms for their firms via the release of overly optimistic statements. However, misleading external investors via overly optimistic disclosures is costly for a manager: If she fails to live up to investors' optimistic expectations, her firm underlies significant legal risks, potentially resulting into costly lawsuits. Further, since the manager repeatedly interacts with external investors, and since her forward-looking disclosures are verifiable ex post, misleading investors today harms the manager's reputation for making accurate public disclosures. Hence, a manager faces a tradeoff between the immediate gain from an overly optimistic statement today, and the loss in reputation which arises if she does not meet investors' expectations. Our research aims at uncovering the economic factors which affect this tradeoff, and to provide empirical evidence for our findings.

We use an infinitely repeated game-theoretic model with incomplete information in order to examine the economic mechanisms which underlie a manager's forward-looking disclosures. Our model is based on the framework used in Mathis et al (2009), and features as central agent the manager of a public firm who privately observes in each period the quality of a risky investment project. The manager can (but need not) make a forward-looking disclosure about the project's quality in order to attract external finance from imperfectly informed investors. Investors will use the firm's past disclosures for their assessment of the credibility of the manager's public statement. We derive the following results: If forward-looking statements are associated with legal costs, it is not possible to sustain an equilibrium where a manager's disclosures convey no information to investors (like a babbling equilibrium). Further, we find that the managers of opaque and profitable firms are more likely to release forward-looking statements to the public. Under certain conditions on model parameters, their disclosures will be accurate, i.e. they will never mislead external investors.

Projekt im Forschungsportal ansehen

Effects of capital requirements on bank behavior
Laufzeit: 01.01.2013 bis 31.12.2017

The project studies how banks adjust their balance sheets in response to higher capital requirements. In order to increase their capital ratios, banks can adjust their balance sheets in two different ways: They can either increase their levels of regulatory capital (the numerator of the capital ratio), or they can reduce their levels of risk-weighted assets (the denominator of the capital ratio) (Admati et al., 2010). A reduction in risk-weighted assets can entail adverse effects on the real economy if many banks simultaneously decide to sell assets (fire sales) or reduce lending (credit crunch) (Hanson et al., 2011). Empirically identifying the effect of higher capital requirements on banks' balance sheet adjustment faces a number of challenges: Most importantly, one needs to find exogenous variation incapital requirements. Since capital requirements are rather constant, there is little variation

over time; and when they do change, they mostly change for all banks in a given economic region at the same time, leaving no cross-sectional variation to exploit. The project addresses these empirical challenges by exploiting the 2011 capital exercise conducted by the European Banking Authority (EBA) as a natural experiment. The capital exercise required a subset of European banks to reach and maintain a 9 percent core tier 1 capital ratio by the end of June 2012, while other European banks were not subject to this increase in capital requirements. The rule by which banks were selected to be included in the capital exercise allows disentangling the effect of capital requirements from effects associated with bank size. Banks were included in the capital exercise in descending order of their market shares by total assets in each Member State' such that the exercise covered "50% of the national banking sectors in each EU Member State, as expressed in terms of total consolidated
assets as of end of 2010." (EBA, 2011). Since national banking sectors in Europe differ with regard to total size and concentration of market shares, the country-specific selection threshold yields a considerable overlap in size between banks participating and not participating in the capital exercise. These institutional features of the capital exercise allow us to employ a difference-in-difference matching approach to identify the causal effects of higher capital requirements on banks' balance sheet adjustment.

Projekt im Forschungsportal ansehen

Internal organization of banks and cross-border transmission of shocks
Laufzeit: 01.01.2013 bis 31.12.2017

The internal functions of global banks could be decisive factors in the transmission of shocks both across a country's regions and internationally. However, there is still little knowledge of how the internal organization of these financial conglomerates is connected with their cross-border lending decisions. A major obstacle for such an analysis is the lack of information about the degree to which a parent bank affects the decisions of its foreign subsidiaries. Few studies have focused on confidential information about the activities of the internal capital markets in banking conglomerates (see, for instance, Cetorelli and Goldberg (2012a) and Cetorelli and Goldberg (2012b)), but such information is usually either not available to the general scientific community, or available only for a small number of countries, such as the U.S., which makes the results difficult to apply elsewhere. In the proposed project, we introduce a new measure of bank integration, based on the organizational culture within a global bank, reflected by the strength of the language in its publicly available financial reports. After establishing the validity of this approach for our purposes, we will investigate which social and bank-specific characteristics determine the degree of integration within global banks and whether that degree of integration affects the transmission of solvency and liquidity shocks from parents to their subsidiaries.

We base our method on the General Inquirer Approach developed by Philip Stone and his collaborators (Stone et al. (1966)) at the Harvard Laboratory of Social Relations. The General Inquirer is a computer software that calculates the frequency of appearance of a predefined set of words in a given document. In particular, we use the "Power" category of the Lasswell value dictionary to gauge markers for the prevalence of a language of power, authority and control in 267 annual financial reports of 105 global banks for the years 1997, 2005 and 2012, totaling at 22.4 million words. Then, we calculate our measure of bank integration, the Power Ratio, as the ratio of the number of authority-related words to the total words in the particular document. Since we consider the language of authority to be an indicator of the intrinsic corporate culture within a bank, which is stable across time, we pool all documents for each bank to derive static measures of bank integration, arriving at a cross-section of 105 Power Ratio values. Subsequently, we analyze whether bank integration is determined by individual bank characteristics or by country-related social and economic factors. Our hypothesis is that the degree of centralization of the society from which a bank originates determines how centralized it is in its internal operations. Thereafter, we will focus on the main part of our analysis: whether the degree of bank integration, as measure by the Power Ratio, affects the transmission of parent shocks to domestic and foreign subsidiaries.

Projekt im Forschungsportal ansehen

Public guarantees and allocative efficiency
Laufzeit: 01.01.2012 bis 31.12.2016

Part 1: Takes advantage of a natural experiment, in which long-standing public guarantees were removed for a set of German banks following a lawsuit. Project identifies the effects of these guarantees on the allocation of credit ("allocative efficiency"). Using matched bank/firm data we find that public guarantees reduce allocative efficiency. With guarantees in place poorly performing firms invest more and maintain higher rates of sales growth. Moreover, firms produce less efficiently in the presence of public guarantees. Consistently, we show that guarantees reduce the likelihood that firms exit the market.

Part 2: We examine the effect of regulatory forbearance during crises on subsequent productivity growth. We estimate regulatory forbearance in different US MSAs and show that subsequent real growth rates, employment rates and other variables related to productivity are higher if forbearance was lower, i.e. more banks during the crisis were closed rather than saved.
Part 3: We examine the effect of redlining rules (i.e. rules that force banks to lend into low income neighbourhoods) on the supply of credit in those neighborhoods and  housing price growth. The identification relies on differences in the level legislation eligible areas (census tracks) due to differences in MSA level household income. We find that that mortgage credit supply and house price growth in the run up to the 2008/2009 financial crisis was higher in eligible areas compared to otherwise similar non-eligible areas. The paper thus identifies "redlining" as one central cause of the financial crisis.

Projekt im Forschungsportal ansehen

2024

Artikel in Zeitschrift

Effiziente grüne Transformation - Kommentar

Gropp, Reint; Holtemöller, Oliver

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 30 (2024), Heft 2, S. 27

Begutachteter Zeitschriftenartikel

Supranational rules, national discretion - increasing versus inflating regulatory bank capital?

Gropp, Reint; Mosk, Thomas; Ongena, Steven; Simac, Ines; Wix, Carlo

In: Journal of financial and quantitative analysis - Seattle, Wash. : [Verlag nicht ermittelbar], Bd. 59 (2024), Heft 2, S. 830-862

Banken und Finanzmarktunion - wo stehen wir?

Gropp, Reint; Wolter, Vera

In: KritV, CritQ, RCrit - Baden-Baden : Nomos-Verl.-Ges., Bd. 107 (2024), Heft 3, S. 246-253

Dissertation

Three essays on cross-firm interactions

McShane, William; Gropp, Reint; Tonzer, Lena

In: Magdeburg: Universitätsbibliothek, Dissertation Otto-von-Guericke-Universität Magdeburg, Fakultät für Wirtschaftswissenschaft 2023, 1 Online-Ressource (verschiedene Seitenzählungen, 2,73 MB) [Literaturangaben][Literaturangaben]

Monografie

Sechs Punkte für eine effiziente grüne Transformation

Gropp, Reint; Holtemöller, Oliver

In: Halle (Saale): Leibniz-Institut für Wirtschaftsforschung Halle (IWH), 2024, 1 Online-Ressource (III, 3 Seiten, 0,44 MB) - (IWH policy notes; 2024, 2 (17. Juni 2024))

Nicht begutachteter Zeitschriftenartikel

Ausstieg aus der Kohle - Herausforderungen bei der Mittelvergabe und -verteilung

Gropp, Reint E.

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 30 (2024), Heft 1, S. 3

Ist der Solidaritätszuschlag verfassungswidrig? - Kommentar

Gropp, Reint

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 30 (2024), Heft 4, S. 77-78

Deutschland braucht eine klare wirtschaftspolitische Strategie - Kommentar

Gropp, Reint

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 30 (2024), Heft 3, S. 50

Do public bank guarantees affect labor market outcomes? - evidence from individual employment and wages

Baessler, Laura; Gebhardt, Georg; Gropp, Reint; Güttler, André; Taskin, Ahmet

In: Halle (Saale), Germany: Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, 2024, 1 Online-Ressource (III, 43 Seiten, 0,95 MB) - (IWH discussion papers; 2024, no. 7 (March 2024)) [Literaturverzeichnis: Seite 38-40]

2023

Buchbeitrag

Die große Kluft

Gropp, Reint E.; Lang, Cornelia

In: Kraftakt: Warum wir uns neu bewähren müssen - Hamburg : Murmann ; Mirow, Thomas *1953-* . - 2023, S. 187-216

Begutachteter Zeitschriftenartikel

Sind Subventionen für Halbleiter zu rechtfertigen?

Gropp, Reint; Reifschneider, Alexander

In: Perspektiven der Wirtschaftspolitik - Berlin : de Gruyter, Bd. 24 (2023), Heft 2, S. 166-170

Subventionen für Halbleiter?

Gropp, Reint

In: Wirtschaftsdienst - Warsaw, Poland : Sciendo, Bd. 103 (2023), Heft 3, S. 152

Nicht begutachteter Zeitschriftenartikel

Aktuelle Trends - Wirtschaftswachstum und sinkende CO2-Emissionen schließen sich nicht aus

Gropp, Reint

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 29 (2023), Heft 1, S. 4

Lehren aus dem Crash von Silicon Valley Bank und Credit Suisse

Gropp, Reint

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 29 (2023), Heft 2, S. 27

Subventionen für Halbleiter?

Gropp, Reint

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 29 (2023), Heft 1, S. 3

2022

Begutachteter Zeitschriftenartikel

The cleansing effect of banking crises

Gropp, Reint; Ongena, Steven; Rocholl, Jörg; Saadi, Vahid

In: Economic inquiry - Hoboken, NJ : Wiley-Blackwell, Bd. 60 (2022), Heft 3, S. 1186-1213

Nicht begutachteter Zeitschriftenartikel

Alter Wein in neuen Schläuchen - das Bürgergeld

Gropp, Reint

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 28 (2022), Heft 4, S. 71

Brauchen wir ein Öl- und Gasembargo?

Gropp, Reint

In: Wirtschaft im Wandel - Halle, S. : IWH, Bd. 28 (2022), Heft 2, S. 25

2020

Begutachteter Zeitschriftenartikel

Banks funding stress, lending supply and consumption expenditure

Damar, Evren; Gropp, Reint E.; Mordel, Adi

In: Journal of money, credit and banking - Oxford : Wiley-Blackwell . - 2020

Supranational rules, national discretion - increasing versus inflating regulatory bank capital?

Gropp, Reint; Mosk, Thomas C.; Ongena, Steven R. G.; Wix, Carlo; Simac, Ines

In: SSRN eLibrary - [S.l.] : Social Science Electronic Publ. . - 2020, insges. 69 S.

Public bank guarantees and allocative efficiency

Gropp, Reint E.; Guettler, Andre; Saadi, Vahid

In: Journal of monetary economics - Amsterdam [u.a.] : Elsevier, Bd. 116 (2020), S. 53-69

Financial incentives and loan officer behavior - multitasking and allocation of effort under an incomplete contract

Gropp, Reint; Guettler, Andreas; Behrendt, Patrick; Drexler, Alejandro

In: Journal of financial and quantitative analysis - Seattle, Wash. : Cambridge Univ. Press, Bd. 55 (2020), Heft 4, S. 1243-1267

2019

Begutachteter Zeitschriftenartikel

Deleveraging and consumer credit supply in the wake of the 2008-2009 financial crisis

Gropp, Reint; Krainer, John; Laderman, Elizabeth

In: International journal of central banking - San Francisco, Calif. : Federal Reserve Bank of San Francisco, Bd. 15 (2019), Heft 3, S. 205-251

Dissertation

Essays on financial literacy and behavioral economics

Ćumurović, Aida; Müller, Steffen; Gropp, Reint

In: Magdeburg, Dissertation Otto-von-Guericke-Universität Magdeburg, Fakultät für Wirtschaftswissenschaft 2019, iv, 153 Seiten [Literaturverzeichnis: Seite 141-153]

2018

Begutachteter Zeitschriftenartikel

Hidden gems and borrowers with dirty little secrets - investment in soft information, borrower self-selection and competition

Gropp, Reint; Guettler, Andre

In: Journal of banking and finance - Amsterdam : Elsevier North-Holland, Bd. 87 (2018), S. 26-39

Dissertation

Four essays on financial stability and competition with heterogeneous banks

Müller, Carola; Gropp, Reint; Koetter, Michael; Noth, Felix

In: Magdeburg, Dissertation Otto-von-Guericke-Universität Magdeburg, Fakultät für Wirtschaftswissenschaft 2018, 138 Seiten [Literaturverzeichnis: Seite 129-138]

2016

Originalartikel in begutachteter internationaler Zeitschrift

The Effect of Personal Bankruptcy Exemptions on Investment in Home Equity

Corradin, S.; Gropp, Reint; Huizinga, H.; Laeven, L.

In: Journal of Financial Intermediation, Nr. 25, 2016

Nicht begutachteter Zeitschriftenartikel

To Separate or not to Separate Investment from Commercial Banking? An Empirical Analysis of Attention Distortion under Multiple Tasks

Gropp, Reint E.; K. Park,

In: 2016

Bank Response To Higher Capital Requirements: Evidence From A Quasi-natural Experiment

Gropp, Reint E.; Thomas Mosk,; Steven Ongena,; Wix, Carlo

In: 2016

The Forward-looking Disclosures of Corporate Managers: Theory and Evidence

Gropp, Reint E.; Rasa Karapandza,; Opferkuch, Julian

In: 2017

2015

Begutachteter Zeitschriftenartikel

The effect of personal bankruptcy exemptions on investment in home equity

Corradin, Stefano; Gropp, Reint; Huizinga, Harry; Laeven, Luc

In: 2015

Monografie

Interest benefits from the debt crisis to the German budget: updated calculations

Gropp, Reint; Holtemöller, Oliver

In: Halle (Saale): Leibniz-Institut für Wirtschaftsforschung Halle - IWH, 2015, Online-Ressource (PDF-Datei: 6 S., 0,59 MB) - (IWH online; 2015,8)

Nicht begutachteter Zeitschriftenartikel

Electoral Credit Supply Cycles Among German Savings Banks

Gropp, Reint E.; Vahid Saadi,

In: 2015

2014

Begutachteter Zeitschriftenartikel

Discussion of Correa, Lee, Sapriza, and Suarez

Gropp, R.

In: Journal of Money, Credit and Banking, Vol. 46, 2014, Issue SUPPL.1, S. 123-127, ISSN 00222879, 10.1111/jmcb.12081

The impact of public guarantees on bank risk-taking: Evidence from a natural experiment

Gropp, R.; Gruendl, C.; Guettler, A.

In: Review of Finance, Vol. 18, 2014, Issue 2, S. 457-488, ISSN 15723097, 10.1093/rof/rft014

Spillover Effects among Financial Institutions: A State-Dependent Sensitivity Value-at-Risk Approach

Adams, Z.; Füss, R.; Gropp, R.

In: Journal of Financial and Quantitative Analysis, 2014, ISSN 00221090, 10.1017/S0022109014000325

2013

Begutachteter Zeitschriftenartikel

Payment defaults and interfirm liquidity provision

Boissay, F.; Gropp, R.

In: Review of Finance, Vol. 17, 2013, Issue 6, S. 1853-1894, ISSN 15723097, 10.1093/rof/rfs045

2012

Begutachteter Zeitschriftenartikel

Stale Information, Shocks, and Volatility

Gropp, R.; Kadareja, A.

In: Journal of Money, Credit and Banking, Vol. 44, 2012, Issue 6, S. 1117-1149, ISSN 00222879, 10.1111/j.1538-4616.2012.00525.x

2011

Begutachteter Zeitschriftenartikel

Competition, risk-shifting, and public bail-out policies

Gropp, R.; Hakenes, H.; Schnabel, I.

In: Review of Financial Studies, Vol. 24, 2011, Issue 6, S. 2084-2120, ISSN 08939454, 10.1093/rfs/hhq114

2010

Begutachteter Zeitschriftenartikel

The determinants of bank capital structure

Gropp, R.; Heider, F.

In: Review of Finance, Vol. 14, 2010, Issue 4, S. 587-622, ISSN 15723097, 10.1093/rof/rfp030

2006

Begutachteter Zeitschriftenartikel

Equity and bond market signals as leading indicators of bank fragility

Gropp, R.; Vesala, J.; Vulpes, G.

In: Journal of Money, Credit and Banking, Vol. 38, 2006, Issue 2, S. 399-428, ISSN 00222879, 10.1353/mcb.2006.0032

2004

Begutachteter Zeitschriftenartikel

Measurement of contagion in banks' equity prices

Gropp, R.; Moerman, G.

In: Journal of International Money and Finance, Vol. 23, 2004, Issue 3, S. 405-459, ISSN 02615606, 10.1016/j.jimonfin.2004.01.005

Deposit insurance, moral hazard and market monitoring

Gropp, R.; Vesala, J.

In: Review of Finance, Vol. 8, 2004, Issue 4, S. 571-602, ISSN 15723097, 10.1007/s10679-004-6280-0

2002

Begutachteter Zeitschriftenartikel

Bank concentration and retail interest rates

Corvoisier, S.; Gropp, R.

In: Journal of Banking and Finance, Vol. 26, 2002, Issue 11, S. 2155-2189, ISSN 03784266, 10.1016/S0378-4266(02)00204-2

Local Taxes and Capital Structure Choice

Gropp, R.E.

In: International Tax and Public Finance, Vol. 9, 2002, Issue 1, S. 51-71, ISSN 09275940, 10.1023/A:1014413724596

2001

Begutachteter Zeitschriftenartikel

Rating agency actions and the pricing of debt and equity of European Banks: What can we infer about private sector monitoring of bank soundness?

Gropp, R.; Richards, A.J.

In: Economic Notes, Vol. 30, 2001, Issue 3, S. 373-398, ISSN 03915026

FDI and corporate tax revenue: Tax harmonization or competition?

Gropp, R.; Kostial, K.

In: Finance and Development, Vol. 38, 2001, Issue 2, S. 10-13, ISSN 01451707

1999

Begutachteter Zeitschriftenartikel

Revenue implications of trade liberalization

Ebrill, L.; Stotsky, J.; Gropp, R.

In: IMF Occasional Papers, 1999, Issue 180, S. XI-40, ISSN 02516365

Herausgeberschaft

Revenue implications of trade liberalization

Ebrill, L.; Stotsky, J.; Gropp, R.

In: Revenue implications of trade liberalization, 1999

1997

Begutachteter Zeitschriftenartikel

Personal bankruptcy and credit supply and demand

Gropp, R.; Scholz, J.K.; White, M.J.

In: Quarterly Journal of Economics, Vol. 112, 1997, Issue 1, S. 214-251, ISSN 00335533

The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions

Gropp, R.E.

In: IMF Staff Papers, Vol. 44, 1997, Issue 4, S. 485-509, ISSN 10207635

  • Keine Daten im Forschungsportal hinterlegt.
  • Financial Economics
  • Macroeconomics
  • Corporate Finance
  • Money and Banking
Beratung. Gutachten zu Fragestellungen:
  • Finanzökonomie
  • Makroökonomie
  • Geld und Banken
CURRENT POSITION

11/14-          President, Halle Institute for Economic Research (IWH), Halle (Saale), Germany
 
OTHER AFFILIATIONS
 
10/14-           Full Professor of Economics, Otto von Guericke University Magdeburg 

5/21-             Speaker, Section B, Leibniz Community

8/19-             Research Fellow, Center for European Studies (CefES), Milan

5/19-3/21     Advisor, Financial Stability Board

1/19-             Fellow CEPR, London

10/08-           Fellow, Center for Financial Studies (CFS), Frankfurt
 
1/13-             Area Coordinator (Financial Institutions), SAFE, Goethe University Frankfurt
 
07-14            Research Associate, Centre for European Economic Research (ZEW), Mannheim

3/14-7/14     Visiting Professor, University of Amsterdam

1/12-6/12     Vice-Dean Research, EBS University, Wiesbaden, Germany
 
4/12-7/12     Visiting Financial Economist, Federal Reserve Bank of San Francisco
 
1/12-4/12     Duisenberg Fellow, European Central Bank, Frankfurt
 
EDUCATION
 
1994            Ph.D., Economics, University of Wisconsin, Madison, WI
 
1992            M.S., Economics, University of Wisconsin, Madison, WI
 
1989            B.S. (equivalent), Economics, University of Freiburg, Germany
 
PRIOR FULL TIME POSITIONS
 
8/12-10/14   House of Finance Chair of Sustainable Banking and Finance, Goethe University
Frankfurt, Germany

8/08-7/12     Professor of Financial Economics and Taxation, EBS University, Wiesbaden, Germany
 
1/12-6/12     Vice-Dean Research, EBS University, Wiesbaden, Germany
 
2/07-8/08     Visiting Professor, Department of Finance, Goethe University Frankfurt, Germany and        Visiting Scholar, Centre for European Economic Research (ZEW) Mannheim, Germany
 
1/05-2/07     Deputy Head of Division, Financial Research Division, Directorate General
Research, European Central Bank, Frankfurt, Germany
 
4/04- 12/04  Principal Economist, Financial Research Division, Directorate General Research, European Central Bank, Frankfurt, Germany
 
4/99 - 4/04   Senior Economist, Financial Research Division, Directorate General Research, European Central Bank, Frankfurt, Germany
 
10/94 - 4/99 Economist, International Monetary Fund, Washington, DC
Reint E. Gropp hat Volkswirtschaftslehre an der Universität Freiburg und der University of Wisconsin, Madison, studiert. Im Jahr 1994 schloss er dort seine Promotion in Economics ab. Vor seinem Amtsantritt am IWH war er Professor an der Goethe-Universität Frankfurt am Main und hatte dort die Stiftungsprofessur für Sustainable Banking and Finance inne. Zuvor war er in verschiedenen Positionen für den Internationalen Währungsfonds (IWF) sowie für die Europäische Zentralbank (EZB) tätig, zuletzt als Deputy Head der Financial Research Division. Seit November 2014 hat Reint E. Gropp das Amt des Präsidenten des IWH inne und ist Inhaber eines Lehrstuhls für Volkswirtschaftslehre an der Otto-von-Guericke-Universität Magdeburg. Er ist Fellow des Centre for Financial Studies, Frankfurt, und Mit-Herausgeber des Review of Finance. Als Berater ist er unter anderem für die Bank of Canada und die Federal Reserve Bank of San Francisco tätig.

Letzte Änderung: 05.07.2024 -
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