Barcelona Banking Summer School 

    Empirical Banking - Methodological Aspects

Instructor: Steven Ongena

The objective of this course is to read and understand scientific papers in empirical banking. To accomplish this objective, emphasis is placed on illustrating basic research methodologies used in empirical banking and learning the application of these methodologies to selected topics. The research methods that are specifically discussed in the class are cross-sectional research methods and the inter-temporal event study methodology. The topics that are covered include (but are not limited to) applications of Discrete Choice, Multinomial Logit, Duration, Simultaneous Equations and Event Study Methodology, and as an area of particular interest the Geography of Banking. It is evident that any empirical research should be based on theoretical foundations. All students are therefore expected to have an active interest in banking theory. Opportunities are offered during the course to explore selected theoretical models upon which empirical applications are based.

Selected Topics:

• General methodologies

• Cross-sectional research methods

• Discrete Choice, Multinomial Logit, Duration, Simultaneous Equations

• Event Study Methodology

• Geography of Banking

Steven Ongena is currently a Professor of Empirical Banking at CentER - Tilburg University in the Netherlands and a CEPR Research Fellow in Financial Economics. He is a member of TILEC, a NAKE and CFS fellow, a steering committee member of the ECB-CFS Research Network, and an associate editor of MAB.

His research interests include firm-bank relationships, bank mergers and acquisitions, and financial systems. He has published in the Journal of Finance, the Journal of Financial Economics, the Journal of Financial Intermediation, Financial Management, the Oxford Review of Economic Policy, the Journal of Banking and Finance, Finance Research Letters, and other journals.

For more information, please see Steven Ongena.