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Dr Natalja von Westernhagen

Research Interests

  • Bank Lending
  • Financial Crises and Transmission of Financial Shocks
  • Interbank Market
  • Relationship Lending
  • Portfolio Diversification
  • Financial Stability, Stress-Testing, Early Warning

Refereed Publications

  • Ongena, S., G. Tümer-Alkan and N. von Westernhagen (2012), Creditor Concentration: An Empirical Investigation, European Economic Review, 56 (4), 830-847.
  • Hayden, E., D. Porath and N. von Westernhagen (2007), Does Diversification Improve the Performance of German Banks? Evidence from Individual Bank Loan Portfolios, Journal of Financial Services Research, 32, 123-140.
  • Heid, F., T. Nestmann, B. Weder and N. von Westernhagen (2007), German Bank Lending during Emerging Market Crises: A Bank Level Analysis, Kredit und Kapital, 40 (3), 381-405.
  • Schertler, A., Buch C. M. and N. von Westernhagen (2006), Heterogeneity in Lending and Sectoral Growth: Evidence from German Bank-Level Data, International Economics and Economic Policy, 3, 43-72.

Other Working Papers and Publications

  • Westernhagen, N. von (2004), The Herstatt Crisis in Germany, in: Bank Failures in Mature Economies, BIS Working Paper, 13.
  • Doehrn, R. and N. von Westernhagen (2003), The Role of Foreign Direct Investment in Transformation, in: Lane, T., N. Oding and P.J.J. Welfens (eds.), Real and Financial Economic Dynamics in Russia and Eastern Europe, Springer-Verlag, Heidelberg, 251-278.
  • Westernhagen, N. von (2002), Systemic Transformation, Trade and Economic Growth: Developments, Theoretical Analysis and Empirical Results, Physica-Verlag, Heidelberg.
  • Westernhagen, N. von (2000), The Role of FDI in the Transition Process of Selected CIS and Eastern European Countries, European Institute for International Relations (EIIW) Discussion Paper, 73.
  • Doehrn, R. and N. von Westernhagen (2000), Foreign Direct Investment in Selected CIS Countries - an Engine of Structural Change?, in: Gavrilenkov, E. and P.J.J. Welfens (eds.), Russian Economy: Transformation Experience of the 1990s and Perspectives of Further Development. The Higher School of Economics, Moscow, 86-111. (in Russian).
  • Westernhagen, N. von (1999), Ost-West-Wirtschaftsintegration in Europa, in: Wirtschaftstransformation in Osteuropa, Globalisierungstendenzen und Sonderwege, Bundesinstitut fuer ostwissenschaftliche und internationale Studien (BIOst), Köln.

Additional information

Contact

Dr Natalja von Westernhagen

Dr Natalja von Westernhagen

+49 69 9566-7002

Address

Deutsche Bundesbank

Central Office, Directorate General Financial Stability

Wilhelm-Epstein-Straße 14
60431 Frankfurt am Main