Martin Oehmke

Climate change has become a major topic of discussion at central banks and financial regulators. Key aspects of this debate include whether and how...

The Review of Financial Studies, 32(6), 2384–2421.

We study the resolution of global banks by national regulators. Single-point-of-entry (SPOE) resolution, where loss-absorbing capital is shared across...

Review of Financial Studies, 30 (1): 80-119. 

Using novel position and trading data for single-name corporate credit default swaps (CDSs), we provide evidence that CDS markets emerge as...