Philipp Hartmann
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Previous Organizations / Institutes
The organizations / institutes from the scholar's other articles in the past ten years
Research Subjects
Philipp Hartmann has a total of 3 co-authors. Here are the top co-authors by number of shared publications:
Elena Carletti
Elena Carlettiis a post‐doctoral researcher at the Center for Financial Studies at the University of Frankfurt, a fellow of the Wharton Financial Institutions Center, and an affiliate of the Max Planck Institute for Research on Collective Goods
1 shared publication- Giancarlo Spagnolo
Stockholm School of Economics (SITE); Centre for Economic Policy Research (CEPR); University of Rome 'Tor Vergata'; EIEF
1 shared publication - Marcel Fratzscher
European Central Bank, Frankfurt/Main, Germany
1 shared publication
Latest Publications
- 25 July 2007
- Published by Wiley in Journal of Money, Credit and Banking
- Vol. 39 (5) , 1067-1105
Bank Mergers, Competition, and Liquidity
We model the impact of bank mergers on loan competition, reserve holdings, and aggregate liquidity. A merger changes the distribution of liquidity shocks and creates an internal money market, leading to financial cost efficiencies and more precise estimates of liquidity needs. The merged banks may increase their reserve holdings through an internalization effect or decrease them because of a diversification effect. The merger also affects loan market competition, which in turn modifies the distribution of bank sizes and aggregate liquidity needs. Mergers among large banks tend to increase aggregate liquidity needs and thus the public provision of liquidity through monetary operations of the central bank.
- 25 July 2007
- Published by Wiley in Journal of Money, Credit and Banking
- Vol. 39 (5) , 1067-1105
Bank Mergers, Competition, and Liquidity
We model the impact of bank mergers on loan competition, reserve holdings, and aggregate liquidity. A merger changes the distribution of liquidity shocks and creates an internal money market, leading to financial cost efficiencies and more precise estimates of liquidity needs. The merged banks may increase their reserve holdings through an internalization effect or decrease them because of a diversification effect. The merger also affects loan market competition, which in turn modifies the distribution of bank sizes and aggregate liquidity needs. Mergers among large banks tend to increase aggregate liquidity needs and thus the public provision of liquidity through monetary operations of the central bank.
- 30 June 2007
- Published by Elsevier in Journal of International Money and Finance
- Vol. 26 (4) , 495-499
Financial globalization and integration
- 30 June 2007
- Published by Elsevier in Journal of International Money and Finance
- Vol. 26 (4) , 495-499
Financial globalization and integration