Philipp Schnabl

Assistant Professor of Finance, Stern School of Business, New York University; and Research Affiliate, CEPR

Philipp Schnabl is an Assistant Professor of Finance at the Stern School of Business at New York University. He is also a Research Affiliate in Financial Economics at the Center for Economic Policy Research (CEPR). His research focuses on questions in banking and financial intermediation.

He has investigated the transmission of credit supply shocks via the banking system, the optimal recapitalisation of banks, the impact of implicit guarantees on risks of financial institutions, the incentives for risk transfer from traditional financial institutions to the shadow banking system, and the effect of bank bailouts on the pricing of sovereign debt. His academic articles have appeared in several journals including the Journal of Finance, the Journal of Financial Economics and the Journal of Economic Perspectives. Professor Schnabl earned his Ph.D. from the Economics Department at Harvard University.

CEPR Policy Research