Natalja von Westernhagen

Peter Bednarek · Valeriya Dinger · Alison Schultz · Natalja von Westernhagen

Can banks effectively monitor their peers under asymmetric information? Effective peer monitoring matters for functioning interbank markets and, by implication, financial markets and the transmission …

Thorsten Beck · Peter Bednarek · Daniel te Kaat · Natalja von Westernhagen

The paper asks how exchange rate movements affect the real economy and what role the banking system's foreign-asset exposure plays in transmitting exchange rate shocks. The motivation is concrete: …