Saleem Bahaj
Bio
Saleem Bahaj is a Professor of Economics and Finance at UCL. Saleem's research is on the intersection of macroeconomics and finance with a particular focus on international financial policies, corporate behaviour and bank capital regulation. His work has been published in, among others, the American Economic Review, the Review of Economic Studies and the Journal of Finance.
Research
Jumpstarting an International Currency
Saleem Bahaj and Ricardo Reis
Forthcoming in the Review of Economic Studies
Customer Data Access and Fintech Entry: Early Evidence from Open Banking
Tania Babina, Saleem Bahaj, Greg Buchak, Filippo De Marco, Angus Foulis, Will Gornall, Francesco Mazzola, and Tong Yu
Journal of Financial Economics (2025), 169, 103950.
The Cross-Border Effects of Bank Capital Regulation
Saleem Bahaj and Frederic Malherbe
Journal of Financial Economics (2024), 160, 103912.
Business Creation During COVID-19
Saleem Bahaj, Sophie Piton and Anthony Savagar
Economic Policy (2024), 39(119), pp.611-648
Lending Relationships and the Collateral Channel
Gareth Anderson, Saleem Bahaj, Matthieu Chavaz, Angus Foulis and Gabor Pinter
Review of Finance (2023), 27(3), pp. 851–887
The Workings of Liquidity Lines between Central Banks
Saleem Bahaj and Ricardo Reis
The Research Handbook of Financial Markets(2023), Chapter 5, pp. 102-124
Central Bank Swaplines: Evidence on the Effect of the Lender of Last Resort
Saleem Bahaj and Ricardo Reis
Review of Economic Studies (2022), 89(4), pp.1654–1693
Employment and the Residential Collateral Channel of Monetary Policy
Saleem Bahaj, Angus Foulis, Gabor Pinter and Paolo Surico
Journal of Monetary Economics (2022), 131, pp.26-44
The Economics of Liquidity Lines between Central Banks
Saleem Bahaj and Ricardo Reis
Annual Review of Financial Economics (2022), 14, pp.57-74
Home Values and Firm Behaviour
Saleem Bahaj, Angus Foulis and Gabor Pinter
American Economic Review (2020), 110(7), pp.2225-2270
The Forced Safety Effect: How Higher Capital Requirements Can Increase Bank Lending
Saleem Bahaj and Frederic Malherbe
Journal of Finance (2020), 75(6), pp.3013-3053
Sovereign Spreads in the Euro Area: Cross Border Transmission and Macroeconomic Implications
Saleem Bahaj
Journal of Monetary Economics (2020), 110, pp.116-135
Central Bank Swap Lines During the Covid-19 Pandemic
Saleem Bahaj and Ricardo Reis
Covid Economics (2020), 2(8)
Macroprudential Policy under Uncertainty
Saleem Bahaj and Angus Foulis
International Journal of Central Banking (2017), pp.119-154
Bank Capital Requirements and Bank Lending: From Theory to Empirics to Policy
S. Bahaj, C. Lattanzio, and F. Malherbe
Forthcoming in the Handbook of Macroprudential Regulation
LASH risk and Interest Rates
Saleem Bahaj, Laura Alfaro, Robert Czech, Joe Hazell and Ioana Neamtu
The Global Network of Liquidity Lines
Saleem Bahaj, Marie Fuchs and Ricardo Reis
Revise and Resubmit, Journal of International Economics
The Market for Inflation Risk
Saleem Bahaj, Robert Czech, Sitong Ding and Ricardo Reis
Revise and Resubmit, American Economic Review
Beyond Bilateral Flows: Indirect Connections and Exchange Rates
Saleem Bahaj, Pasquale Della Corte, Daniele Massacci and Eduard Seyde
The Anatomy of a Peg: Lessons from China's Parallel Currencies
Saleem Bahaj and Ricardo Reis
Revise and Resubmit, Journal of Political Economy
What Determines How Banks Respond to Changes in Capital Requirements?
Saleem Bahaj, Jonathan Bridges, Frederic Malherbe and Cian O’Neill
Bank of England Working Paper No.593