Publications of Martin F. Hellwig
All genres
Working Paper (70)
2018
Working Paper
Germany and the Financial Crises 2007 – 2017, Case Study on a Past Crisis: The Case of Germany, Paper presented at the fourth Annual Macroprudential Conference of the Swedish Riksbank. (2018)
2017
Working Paper
The Generic Possibility of Full Surplus Extraction in Models with Large Type Spaces. (2017)
Working Paper
Carving out legacy assets: a successful tool for bank restructuring? (2017)
Working Paper
Probability measures on product spaces with uniform metrics. (2017)
Working Paper
Precautionary recapitalisations: time for a review. (2017)
Working Paper
Finanzstabilität, Transparenz und Verantwortlichkeit: Stellungnahme für das Bundesverfassungsgericht. (2017)
2016
Working Paper
“Total Assets” versus “Risk Weighted Assets”: Does it matter for MREL requirements? (2016), 30 pp.
Working Paper
A homeomorphism theorem for the universal type space with the uniform topology. (2016)
2015
Working Paper
Public-Good Provision in Large Economies. (2015), 49 pp.
Working Paper
Robustly Coalition-Proof Incentive Mechanisms for Public Good Provision are Voting Mechanisms and Vice Versa. (2015), 32 pp.
Working Paper
The Genericity of the McAfee-Reny Condition for Full Surplus Extraction in Models with a Continuum of Types. (2015), 44 pp.
Working Paper
Neoliberales Sektierertum oder Wissenschaft? Zum Verhältnis von Grundlagenforschung und Politikanwendung in der Ökonomie. (2015), 19 pp.
Working Paper
Financial Stability and Monetary Policy. (2015), 32 pp.
2014
Working Paper
Financial Stability, Monetary Policy, Banking Supervision, and Central Banking. (2014)
Working Paper
Yes Virginia, There is a European Banking Union! But It May Not Make Your Wishes Come True. (2014)
2013
Working Paper
Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Socially Expensive. (2013)
Working Paper
The Leverage Ratchet Effect. (2013)
2012
Working Paper
Debt Overhang and Capital Regulation. (2012)
2011
Working Paper
Mechanism Design and Voting for Public-Good Provision. (2011)
Working Paper
Beliefs, Payoffs, Information: On the Robustness of the BDP Property in Models with Endogenous Beliefs. (2011)
Working Paper
From Posteriors to Priors via Cycles: An Addendum. (2011)
Working Paper
Incomplete-Information Models of Large Economies with Anonymity: Existence and Uniqueness of Common Priors. (2011)
Working Paper
Quo vadis, Euroland? European Monetary Union between Crisis and Reform. (2011)
2010
Working Paper
Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Expensive. (2010)
Working Paper
Public-Good Provision in a Large Economy. (2010)
Working Paper
Capital Regulation after the Crisis: Business as Usual? (2010)
Working Paper
Finanzkrise und Reformbedarf [The Financial Crisis and Regulatory Reform]. (2010)
2009
Working Paper
Informational Smallness and the Scope for Limiting Information Rents. (2009)
Working Paper
Utilitarian Mechanism Design for an Excludable Public Good. (2009)
2008
Working Paper
Competition Policy and Sector-Specific Regulation for Network Industries. (2008)
Working Paper
A Generalization of the Atkinson-Stiglitz (1976) Theorem on the Undesirability of Nonuniform Excise Taxation. (2008)
Working Paper
A Maximum Principle for Control Problems with Monotonicity Constraints. (2008)
Working Paper
A Note on Deaton's Theorem on the Undesirability of Nonuniform Excise Taxation. (2008)
Working Paper
Systemic Risk in the Financial Sector: An Analysis of the Subprime-Mortgage Financial Crisis. (2008)
Working Paper
Zur Problematik staatlicher Beschränkungen der Beteiligung und der Einflussnahme von Investoren bei großen Unternehmen. (2008)
2007
Working Paper
A Contribution to the Theory of Optimal Utilitarian Income Taxation. (2007), 60 pp.
Working Paper
A Reconsideration of the Jensen-Meckling Model of Outside Finance. [Award for the Most Significant Paper in 2009, Journal of Financial Intermediation]. (2007), 60 pp.
Working Paper
Switzerland and Euroland: European Monetary Union, Monetary Stability and Financial Stability. (2007), 37 pp.
Working Paper
Wirtschaftspolitik als Rechtsanwendung: Zum Verhältnis von Jurisprudenz und Ökonomie in der Wettbewerbspolitik. (2007), 37 pp.
2006
Working Paper
Effizienz oder Wettbewerbsfreiheit? Zur normativen Grundlegung der Wettbewerbspolitik. (2006), 32 pp.
Working Paper
Incentive Problems with Unidimensional Hidden Characteristics: A Uni
fied Approach. (2006)
Working Paper
Private Damage Claims and the Passing-On Defense in Horizontal Price-Fixing Cases: An Economist's Perspective. (2006), 29 pp.
Working Paper
The Provision and Pricing of Excludable Public Goods: Ramsey-Boiteux Pricing versus Bundling. (2006), 47 pp.
Working Paper
Zur Kategorie der Kausalität in den Wirtschaftswissenschaften. (2006), 15 pp.
2005
Working Paper
A Contribution to the Theory of Optimal Utilitarian Income Taxation. (2005), 51 pp.
Working Paper
Market Discipline, Information Processing, and Corporate Governance. (2005), 23 pp.
Working Paper
The Undesirability of Randomized Income Taxation under Decreasing Risk Aversion. (2005)
2004
Working Paper
Nonlinear Incentive Provision in Walrasian Markets: A Cournot Convergence Approach. (2004), 51 pp.
Working Paper
Optimal Income Taxation, Public-Goods Provision und Public-Sector Pricing: A Contribution to the Foundations of Public Economics. (2004), 57 pp.
Working Paper
Risk Aversion in the Small and in the Large. When Outcomes are Multidimensional. (2004), 27 pp.
Report (5)
2012
Report
Comments on: Enhanced prudential standards under section 165, and early remediation requirements under section 166 of the Dodd-Frank Act. (2012)
Report
Forbearance, resolution, and deposit insurance. First Report of the Advisory Scientific Committee of the European Systemic Risk Board. (2012)
Report
A contribution from the Chair and Vice-Chairs of the Advisory Scientific Committee to the discussion on the European Commission’s banking union proposals. Second Report of the Advisory Scientific Committee of the European Systemic Risk Board. (2012)
2010
Report
Comments on: Proposal to ensure the loss absorbency of regulatory capital at the point of non-viability, Consultative Document. Basel Committee on Banking Supervision (2010)
Report
Stellungnahme für die Öffentliche Anhörung des Finanzausschusses des Deutschen Bundestages zum Gesetzentwurf der Bundesregierung zum Restrukturierungsgesetz für Banken. (2010)
Other (5)
2022
Other
Das war ein abgekartetes Spiel! (Interview im Wirtschafts-Podcast der Deutschen Welle), Podcast Wirtschaft, DW, (2022)
2014
Other
Die halbherzige Bankenunion, Deutsche Welle Portal, (2014)
Other
Finanzmarkt: Die Schwächen der Regulierung (Interview), Deutsche Welle Portal, (2014)
2013
Other
The Parade of the Bankers’ New Clothes Continues: 28 Flawed Claims Debunked, Rock Center for Corporate Governance at Stanford University Working Paper Series (143 Ed.), (2013)
2008
Other
Systemic Risk in the Financial Sector: An Analysis of the Subprime-Mortgage Financial Crisis, Jelle Zijlstra Lecture 6, (2008)
Newspaper Article (43)
2024
Newspaper Article
Unicredit/Commerzbank – ein Menetekel für die unvollendete Bankenunion. Frankfurter Allgemeine Zeitung (FAZ), p. 22 - 22 (2024)
Newspaper Article
Despite their ‘flawed claims’, banks need more equity. The Banker (2024)
2023
Newspaper Article
Schon lange ein Fall für die Intensivstation. Süddeutsche Zeitung, p. 13 - 13 (2023)
2022
Newspaper Article
Leserbrief: Eine gewisse Doppelzüngigkeit. Frankfurter Allgemeine Zeitung (135), p. 5 - 5 (2022)
Newspaper Article
Christine Lagardes grüne Geldpolitik torpediert das Mandat der EZB. Wirtschaftswoche (Wiwo) (2022)
Newspaper Article
Gazprom, ein Sündenfall und die Folgen. FAZ, p. 18 - 18 (2022)
Newspaper Article
Abhängigkeit von Russischem Gas reduzieren, jetzt! FAZ, p. 16 - 16 (2022)
2018
Newspaper Article
Man hat nicht wirklich etwas gelernt. taz (2018)
Newspaper Article
Wider die deutsche Target-Hysterie! Frankfurter Allgemeine Sonntagszeitung (2018)
Newspaper Article
Beispiel für Populismus. FAZ (2018)
Newspaper Article
Viel Vages zu Europa. Frankfurter Allgemeine Sonntagszeitung (2018)
2017
Newspaper Article
Bitte nicht großdeutsch. FAZ (2017)
2016
Newspaper Article
Es droht eine neue Finanzkrise. Frankfurter Allgemeine Sonntagszeitung (44), p. 33 (2016)
Newspaper Article
Weniger Spielraum für Missbrauch. Frankfurter Allgemeine Zeitung (242) (2016)
2015
Newspaper Article
Si tacuissent... (Duplik auf Clemens Fuest und Hans-Werner Sinn). http://www.oekonomenstimme.org (2015)
Newspaper Article
Zur Diskussion um die Notkredite der griechischen Zentralbank für griechische Banken. oekonomenstimme.org (2015)
Newspaper Article
Die EZB erpresst die Griechen. taz (10759), p. 3 (2015)
Newspaper Article
Notstand oder Erpressung? Handelsblatt (125), p. 64 (2015)
Newspaper Article
Geldschöpfung und Verluste (Briefe an die Herausgeber). FAZ (88), p. 25 (2015)
Newspaper Article
Jens Weidmanns gefährliche Argumente. FAS (1), p. 16 (2015)
Newspaper Article
Richtige und falsche Ängste vor einer expansiven Geldpolitik: die EZB verschleppt die Gesundung der Banken. Das macht die Krise nur noch viel schlimmer. FAS (10), p. 20 (2015)
Newspaper Article
Der Vergleich hinkt: warum Hilfen in Griechenland nicht dasselbe sind wie in Zypern - eine Entgegnung auf Hans-Werner Sinn. Süddeutsche Zeitung (44), p. 18 (2015)
Newspaper Article
Respekt vor dem Generalanwalt. FAZ (43), p. 25 (2015)
2014
Newspaper Article
Banken nach der Krise: Wie sicher sind sie? Süddeutsche Zeitung (2014)
Newspaper Article
Interview: Veeg banken snel schoon. De Financiële Telegraaf, Amsterdam (2014)
Newspaper Article
Banken im Sicherheits-Check. Frankfurter Allgemeine Sonntagszeitung (2014)
Newspaper Article
30 % Eigenkapital! Frankfurter Allgemeine Sonntagszeitung (2014)
2010
Newspaper Article
Zehn Regeln zur Rettung des Euro – Appell an die Bundesregierung. FAZ (2010)
Newspaper Article
Banken sollten 20 % mehr Eigenkapital halten, Interview. Basler Zeitung, Finanz und Wirtschaft (2010)
Newspaper Article
Healthy banking system is the goal, not profitable banks (Letter to the editor with A. Admati and eighteen other signatories). Financial Times (2010)
Newspaper Article
Interview: Banken brauchen mehr Eigenkapital. Hannoversche Allgemeine Zeitung (2010)
Newspaper Article
Private Gläubiger werden auch nach 2013 davonkommen. Börsen-Zeitung (2010)
2009
Newspaper Article
An den Ursachen der Finanzkrise vorbei, Interview zum G20-Gipfel [Ignoring the Causes of the Financial Crisis]. (2009)
Newspaper Article
Interview: Der richtige Weg zur Bad Bank [The Good Way to a Bad Bank]. Frankfurter Rundschau (2009)
Newspaper Article
Ökonomenaufruf: Warum wir nicht dabei sind (Interview). Handelsblatt (2009)
Newspaper Article
Das „Bad-Bank“-Gesetz kann sehr teuer werden [The Bad-Bank Law may Prove very Expensive]. Frankfurter Allgemeine Zeitung (2009)
Newspaper Article
Ich bin systemrelevant. Holt mich hier raus! [I am System-relevant – Get me Out of Here! – Solvency Problems and System Risk in the Financial Sector]. FAZ 65, p. 12 (2009)
Newspaper Article
Ich wasch' Euch den Pelz und mach' Euch nicht nass! – Von „toxischen“ Papieren, Bad Banks und ungelösten Solvenzproblemen [Of 'toxic' Papers, Bad Banks and Unsolved Solvency Problems]. Die Welt (2009)
2008
Newspaper Article
Man darf sich nicht nur auf die Risikomodelle der Banken verlassen [One cannot Rely Exclusively on the Banks’ Risk Models]. Neue Zürcher Zeitung (2008)
Newspaper Article
Tiefe Wirtschaftskrise droht [Major Economic Crisis Looms]. Manager-Magazin (2008)