Christoph Basten

Assistant Professor of Banking and Finance at University of Zurich

SFI Faculty Member at Swiss Finance Institute

Schools

  • Swiss Finance Institute
  • University of Zurich

Links

Biography

University of Zurich

Christoph Basten is Assistant Professor at the Department of Banking and Finance at University of Zurich. His research focuses on financial intermediation and household finance. His publications include papers on the effect of negative interest rates on banks in Switzerland, the choice of mortgage maturities by both households and banks, and the effects of bank capital requirements on mortgage lending. Prior to his Assistant Professorship he was the Economist of the Swiss Financial Market Supervisory Authority FINMA for close to 5 years, as well as employed by the ETH Konjunkturforschungsstelle KOF. He has been educated at Oxford, Pompeu Fabra, Harvard, and the European University Institute (EUI), where he obtained his PhD in 2011.

Research Interests

  • His research focuses on the effects of regulation and monetary policy on banks, as well as households and firms.

MA theses supervised in the past include:

  1. Lerch, P.(2018), Auswirkungen der Negativzinsen auf Versicherungen - Empirische Analyse anhand von Europäischen Versicherungsgesellschaften, supervised by C. Basten

  2. Tangorra, K. (2018), The Impact of Systemic Importance on the Value of Banks: An Event Study Approach, supervised by R. Hegglin & C. Basten

  3. Riera, A. (2018), The Reaction of European Banks to Supervisory Stress Tests, supervised by C. Basten

  4. Berger, L. (2019), To What Extent do Swiss Banks Pass Rate Changes Through To Depositors?, supervised by C. Basten

  5. Singh, A. (2020), Impact of Subway Stations on Rental Prices Evidence from Toronto, Canada, supervised by C. Basten

  6. Baumann, N. (2020), What determines a household's inflation perceptions and expectations, supervised by J. Toczynski & C. Basten

  7. Skobe, J. (2020), European Banks’ Profitability; its Challenges, Determinants and Remedies, supervised by V. Molnar & C. Basten

  8. Choi, B. (2021), How Effective Can Sustainable Banking Be?, supervised by C. Basten

  9. Freiermuth, L. (2021), Swiss banks' funding costs and their relationship with CHF Libor and SARON, supervised by V. Molnar & C. Basten.

  10. Abduvakhidova, Z. (2021), Culture and Legal Origins as Determinants of Banking Regulation, supervised by V. Molnar & C. Basten.

  11. Tramer, M. (2022), Pricing strategy and social benefits of gene therapies. Towards a revised value-based framework for HTA.

BA theses supervised in the past include:

Mazidi, M. (2018), Eine empirische Untersuchung der Anlageinstrumente und des Anlageverhaltens der Schweizer Privathaushalte, supervised by R. Hegglin & C. Basten

Fricker, M. (2018), Get Involved in Banking: Simulation einer Bankwirtschaft im Kredit- und Einlagenmarkt, supervised by R. Hegglin & C. Basten

Frei, S, (2018), The Tax Dispute between Switzerland and the United States: Consequences for Swiss Wealth Management Banks, supervised by C. Basten

Zaytseva, T. (2019), Cyber Risiko bei Schweizer Banken, supervised by C. Basten

Gübeli, M. (2019), How Do Bank Losses Affect Bank Stock Prices?, supervised by C. Basten

Thaler, L. (2019), Wie verändert der Online-Kanal die Schweizer Hypothekarvergabe?, supervised by C. Basten

Calonder, D. (2020), Wie werden in verschiedenen OECD-Staaten Liegenschaften bewertet und wie beeinflusst das die Hypothekarvergabe?, supervised by V. Molnar & C. Basten

Schoch, C. (2020), Vergabe von Online Hypotheken in England. Wie kommen die Preise auf dem Peer-to-Peer Markt zustande?, supervised by V. Molnar & C. Basten

de Nardo, D. (2020), Welche Reformen wären nötig, um die 2. Säule Altersvorsorge in der Schweiz nachhaltig zu reformieren und die Umverteilung zwischen Generationen zu vermeiden?, supervised by C. Basten

Pinter, K. (2020), A Comparison of the Japanese and German Real Estate and Mortgage Market, supervised by C. Basten

Seglias, K. (2021), How Does Loan Securitisation Affect Bank Capital Requirements in Different European Jurisdictions?, supervised by C. Basten

Redzepi, M. (2021), Die Reaktion von Konsumenten-Verhalten auf die Covid-19-Pandemie. Analyse von Kreditkarten-Transaktionen, supervised by V. Molnar & C. Basten

Ramaj, T. (2022), Performance, Risiken und Eigenheiten vin direkten vs. indirekten Immobilienanlagen in der Schweiz, supervised by R. Haase & C. Basten

Swiss Finance Institute

Christoph Basten is Assistant Professor of Banking at the University of Zurich. Prior to joining the University, Professor Basten worked for five years as a risk manager at the Swiss Financial Market Supervisory Authority (FINMA).

Expertise

Professor Basten is investigating the effects of banks' ability to cross-sell their depositors' mortgages and other products. Using annual administrative data on the deposits and loans of every Norwegian household with every Norwegian bank, he shows that having a deposit account makes a household up to 20 percentage points more likely to borrow subsequently from that same bank. Banks take these future profits into account and offer more attractive deposit conditions to households more likely to bring in follow-up business. Existing borrowers pay more rather than less for loans than new clients, suggesting that cross-selling to households is driven more by clients' preferences to stay than by banks preferring to lend to known clients in order to reduce information asymmetries. Finally, as offering lower deposit spreads now in return for more follow-up profits later is more attractive at lower discount rates, deposit spreads are found to be increasing in policy rates. This provides also a new micro foundation for the zero-lower bound on some deposit rates.

Read about executive education

Other experts

Looking for an expert?

Contact us and we'll find the best option for you.

Something went wrong. We're trying to fix this error.