Dr Diemo Dietrich
Deputy Head of Economics Subject Group
- Email: email@example.com
- Telephone: +44 (0) 191 208 1564
- Address: Room 7.21
Newcastle University Business School
5 Barrack Road
Newcastle upon Tyne
Financial stability, banking, bank regulation, and monetary policy.
London FIT network.
2008 Habilitation / venia legendi (Economics), MLU Halle-Wittenberg
2001 Doctorate (Economics), U Leipzig
1997 Diplom-Volkswirt (equivalent to MSc Economics), CAU Kiel.
since 09/2012: Newcastle University Business School, Senior Lecturer in Financial Economics.
06/2008–08/2012: IWH-Halle Institute for Economic Research, Head of Research Group.
03/2006–05/2008: IWH-Halle Institute for Economic Research, Senior Economist.
03/2002–02/2006: IWH-Halle Institute for Economic Research, Economist.
03/1997–02/2002: Institute for Theoretical Economics, U Leipzig, Research and Teaching Assistant.
Ludwig Erhard Stiftung: Academic Advisory Board, since 2014.
Research visits and visiting positions
University of Vienna, Department of Finance, Guest Professor, 2016, 2017.
Deutsche Bundesbank, Research Centre, Visiting Researcher, 2006, 2008, 2016.
Norges Bank, Financial Stability Research Department, Visiting Researcher, 2012.
University of Illinois Urbana-Champaign, Department of Finance, Visiting Scholar, 2004, 2011.
Diemo Dietrich invites PhD applications in the field of (Theory of) Financial Intermediation, with a particular focus on Financial Stability and Banking Regulation. Applicants with a strong background in economics and evidence of a good knowledge in economic theory, especially microeconomics, are particularly welcome.
Monika Bucher, MLU Halle-Wittenberg (June 2014), Stiftung Geld und Währung Doctoral Scholarship, initial placement after completion: Deutsche Bundesbank.
Daniel Heddergott, MLU Halle-Wittenberg (June 2016), Volkswagen Financial Services.
Jaffar Mohammed Ahmed Naser (October 2016), Al Baraka Banking Group.
William Berry, NUBS (October 2018), Peter and Norah Lomas PhD Scholarships in Economics, HMRC.
Current administrative services
since 2014: Deputy Head, Economics group, NU Business School.
Oxford University Press, Palgrave (2), Journal of Financial Intermediation (3), Journal of Corporate Finance, Journal of Banking and Finance, Journal of Financial Stability (2), International Review of Financial Analysis, Journal of Business Finance and Accounting, Small Business Economics, Journal of Business Research, Quarterly Review of Economics and Finance (2), Journal of Macroeconomics, Manchester School, Japan and the World Economy (2), Empirica, Kredit & Kapital, Jahrbücher für Nationalökonomie und Statistik.
Work in progress
My current research spans three topics. One is about liquidty provision by banks and implications for financial stability and regulation. Another is about loan supply of financially constrained banks. The final topic is about the role of money and monetary policy when credit conditions are tight.
Dietrich D, Hauck A. Interbank borrowing and lending between financially constrained banks, revise and resubmit.
Bucher M, Dietrich D, Hauck A. Implications of bank regulation for loan supply and bank stability: A dynamic perspective, revise and resubmit.
Conference presentations (select)
American Economic Association (2018); Econometric Society Latin American Meeting (2017); Money Macro and Finance Research Group (2017); Society for the Advancement of Economic Theory (2017); European Workshop on General Equilibrium Theory (2017); International Finance and Banking Society (2018, 2016); European Economic Association (2012, 2010, 2008, 2007, 2005, 2004); German Economic Association (2013, 2008, 2007, 2006, 2005); Swiss Society for Economics and Statistics (2007, 2006, 2005); Campus for Finance (2013); European Research Group on Money, Banking and Finance (2012); Academy of International Business (2007); Swiss Society for Financial Market Research (2007); European Financial Management Association (2007); Western Economic Association (2005, 2004); Midwest Finance Association (2004)
Seminar presentations and invited talks (select)
Deutsche Bundesbank (Frankfurt 2016, 2013, 2008); University of Vienna (Vienna 2017, 2016); European Banking Authority (London 2015); York University (York 2014); MLU Halle-Wittenberg (Halle 2013); Norges Bank (Oslo 2012); University of Illinois at Urbana-Champaign (Champaign 2011, 2004); University of Milan (Milan 2009); Federal Ministry of Economics and Technology (Berlin 2009); Institute for the World Economy (Kiel 2007).
NU Business School Strategic Fund, 2016, £2,500 (pump-prime grant)
NU Business School Research Fund, 2016, £1,000 (research grant)
NU Faculty Research Development, 2014-15, £3,000 (research group funding)
Leverhulme Trust, 2013-15, PI £5,202 (research grant)
Oxford Analytica Ltd, 2013, £8,300 (consultancy)
gtz - Gesellschaft fuer Technische Zusammenarbeit, 2012, €1,200 (consultancy)
Fritz Thyssen Stiftung, 2011, PI, €2,480 (research grant)
Deutsche Bundesbank, 2010, €500 (conference grant)
gtz - Gesellschaft fuer Technische Zusammenarbeit, 2010, PI, €12,500 (research grant)
Stiftung Geld und Währung, 2009-13, PI, €1.5m (research and doctoral training programme)
Deutsche Bundesbank, 2008, €500 (conference grant)
Deutsche Bundesbank, 2007, €500 (conference grant)
Deutsche Bundesbank, 2005, €500 (conference grant)
Fritz Thyssen Stiftung, 2004, PI, €5,400 (research grant)
Deutsche Bundesbank, 2004, €500 (conference grant)
Stiftung Geld und Währung, 2003, PI, €2,500 (research grant: workshop)
Stiftung Geld und Währung, 2004, PI, €2,500 (research grant: workshop)
- ECO3037 Microeconomics of Banking (module leader)
- NBS8204 Central Banking (module leader, temporarily suspended)
- NBS8559 Contract Theory (module leader)
- PhD: Financial Systems
- PGT: Microeconomics of Banking, Monetary Institutions, Advanced Monetary Economics, Economics of Exchange Rates, Inflation Theory, Money Credit & Banking, Financial Derivatives, Financial Theory and Corporate Policy
- UG: Economics of Banking, Financial Stability, Corporate Finance, Monetary Economics, Eco101, Intermediate Macroeconomics, Intermediate Microeconomics
Feedback, Guidance and Consultation Hours:
In general, students can make appointments for meetings. I am often also available whenever I am in my office NUBS 7.21 but especially Tuesdays, 10am-11am.
- Bucher M, Dietrich D, Tvede M. Coordination Failures, Bank Runs and Asset Prices. Deutsche Bundesbank Discussion Paper Series 2018, (39/2018), 29.
- Bucher M, Dietrich D, Hauck A. Implications of bank regulation for loan supply and bank stability: A dynamic perspective. Deutsche Bundesbank Discussion Paper Series 2018, (43/2018).
- Dietrich D, Hauck A. Bank Capital Regulation, Loan Contracts, and Corporate Investment. Quarterly Review of Economics and Finance 2014, 54(2), 230-241.
- Dietrich D, Hauck A. Can Interbank Money Markets Create Liquidity?. 2014.
- Bucher M, Dietrich D, Hauck A. Business Cycles, Bank Credit and Crises. Economics Letters 2013, 120(2), 229-231.
- Dietrich D, Vollmer U. Are Universal Banks Bad for Financial Stability? Germany During the World Financial Crisis. Quarterly Review of Economics and Finance 2012, 52(2), 123-134.
- Dietrich D, Hauck A. Government interventions in banking crises: effects of alternative schemes on bank lending and risk taking. Scottish Journal of Political Economy 2012, 59(2), 133-161.
- Dietrich D, Knedlik T, Lindner A. Central and Eastern European Countries in the Global Financial Crisis: A Typical Twin Crisis?. Post-Communist Economies 2011, 23(4), 415-432.
- Dietrich D, Jindra B. Corporate Governance in the Multinational Enterprise: A Financial Contracting Perspective. International Business Review 2010, 19(5), 446-456.
- Dietrich D, Vollmer U. International Banking and Liquidity Allocation: Cross-border Financial Services versus Multinational Banking. Journal of Financial Services Research 2010, 37(1), 45-69.
- Bebenroth R, Dietrich D, Vollmer U. Bank regulation and supervision in bank-dominated financial systems: a comparison between Japan and Germany. European Journal of Law and Economics 2009, 27(2), 177-209.
- Dietrich D. Asset Tangibility and Capital Allocation. Journal of Corporate Finance 2007, 13(5), 995-1007.
- Dietrich D, Vollmer U. Why do Banks Hold Capital in Excess of Regulatory Requirements? A Functional Approach. DBW-Die Betriebswirtschaft 2007, 67(2), 153-166.
- Dietrich D. Financing FDI Into Developing Economies and the International Transmission of Business Cycle Fluctuations. Swiss Journal of Economics and Statistics 2004, 140(4), 449-481.
- Dietrich D. Monetary Policy Shocks and Heterogeneous Finance Decisions: A Model of Hidden Effort Choice and Financial Intermediation. German Economic Review 2003, 4(3), 365-388.