Research at CFF

Research at CFF primarily focuses on Financial Intermediation.
Financial intermediaries are firms that borrow from consumers/savers and lend to companies that need resources for investment. Thus, financial intermediaries are central institutions for economic growth since the investment and financing processes are organized around them. However, before the financial crisis in 2008, there was a widespread view that financial intermediaries could be ignored because they had no real effect. Our view is that the investment and financing decisions, the working of capital markets, corporate finance decisions and financial consumer choices cannot be understood without studying financial intermediaries.

Ongoing research projects at CFF address questions like; i) What are the determinants of trust in a bank? ii) How will new regulation for financial institutions affect systemic risk? iii) Is algorithmic trading to the detriment for quality of financial markets? iv) Do bonus systems for finance professionals affect the behavior of asset markets?