200.000 euro NWO-grant for research into European Banking Sector Instability

Professors Bert Scholtens and Jakob de Haan of the FEB were granted 200.000 euro's by the Netherlands Organisation for Scientific Research (NWO). The post doc research project's title is: European Banking Sector Instability.

Around 250 research proposals were submitted in the NWO open competition, and at last 24 were selected, among which the project of Scholtens and De Haan.

The objective of the post doc project (for three years) is to analyze three channels of banking instability namely, asset price bubbles, spatial linkages in banking systems, and heterogeneity of banks in the European Banking Sector. The researcher will look at the effect of financial policies in the formation of asset bubbles and how these bubbles translate into banking crises and on the vulnerability because of heterogeneity in banks.

Moreover, also a spatial analysis will be conducted of crises in the European banking sector and their global linkages. Different proxies for instability at bank and system level will be used for this analysis.

More information: prof.dr. Bert Scholtens or prof.dr. Jakob de Haan