Fred Malherbe picture

Fred Malherbe

Bio

Frederic Malherbe is a Professor of Economics and Finance at UCL and a Research Fellow at the CEPR. Fred's research interests include financial intermediation, banking regulation, and political economy. He has published in, amongst others, the Journal of Finance, the Journal of Political Economy, the Review of Financial Studies, and the Journal of Financial Economics.

Fred is the Centre for Finance (Co)Director and the head of the Finance, Accounting, and Economics group at UCL School of Management and is also currently serving as Director for Finance post-graduate programmes.

 

Research

The Cross-Border Effects of Bank Capital Regulation

Saleem Bahaj and Frederic Malherbe

Journal of Financial Economics (2024), 160, 103912.

 

Beyond Pangloss: Financial Sector Origins of Inefficient Economic Booms

Frederic Malherbe and Michael McMahon

Journal of Monetary Economics (2024), 145, 103558

 

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

 

Pipeline Risk in Leveraged Loan Syndication

Max Bruche, Frederic Malherbe, and Ralf Meisenzhal
Review of Financial Studies (2020), 33(12), pp.5660-5705

 

Optimal Capital Requirements over the Business and Financial Cycles

Frederic Malherbe
American Economic Journal: Macroeconomics (2020), 12(3), pp.139-74

 

Get Rid of Unanimity Rule: The Superiority of Majority Rules with Veto Power

Laurent Bouton, Aniol Llorente-Saguer, and Frederic Malherbe
Journal of Political Economy (2018), 126(1), pp.107-149.

 

Unanimous Rules in the Laboratory

Laurent Bouton, Aniol Llorente-Saguer, and Frederic Malherbe
Games and Economic Behavior (2017), 102, pp.179-198.

 

Self-fulfilling Liquidity Dry-ups

Frederic Malherbe
Journal of Finance (2014), 69, pp.947-970.

 

Financial Contagion

Robert Kollmann and Frederic Malherbe
In: Gerard Caprio (ed.), Handbook of Safeguarding Global Financial Stability (2013), 2, pp.139-143

 

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

 

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

 

Market Discipline and Securitization

Frederic Malherbe