Natalya Martynova

I am a Senior Economist at the Research Centre of the Deutsche Bundesbank. 

My research interests include financial intermediation, banking regulation, corporate finance, climate finance.

This is my personal website. Its content does not necessarily reflect the views of the Deutsche Bundesbank.

Here  is my CV

Publications

Capital Forbearance in the Bank Recovery and Resolution Game, with Enrico Perotti and Javier Suarez,  Journal of Financial Economics, 2022, 146(3), pp.884-904.

Banks' complexity-risk nexus and the role of regulation,  with Ursula Vogel, Journal of Banking and Finance, 2022, 134, pp.106-120.

Bank profitability, Leverage Constraints, and Risk-Taking, with Lev Ratnovski and Razvan Vlahu, Journal of Financial Intermediation, 2020, 44, pp.1008-21.

Convertible Bonds and Bank Risk-Taking, with Enrico Perotti, Journal of Financial Intermediaton, 2018, 35(B), pp.61-80.


Working papers

Capital regulation in the presence of climate risk, with Kartik Anand 

Carbon Commitments and Corporate Governance, with Kartik Anand [slides available upon request]

Internal Asset Transfers and Risk-Taking in Financial Conglomerates

Policy papers

Effect of bank capital requirements on economic growth: a survey

Work in progress

Socially responsible investment and free-riding, with Kartik Anand  [slides available upon request]

Optimal government loan guarantees, with Philipp Koenig

Regulation, supranational bank supervision and corporate structure of foreign affiliates, with Razvan Vlahu