Profile

I am an applied theorist and use ideas primarily from information economics, game theory, and dynamic macroeconomics. I have become particularly fascinated by the simple concepts of risk pooling, diversification, and arbitrage.

Research Interests

Financial Stability. Banking & Banking Regulation. Monetary Policy.

Appointments

since 09/2012: Newcastle University Business School, Senior Lecturer in Financial Economics.

03/2006–08/2012: 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.

Research visits and visiting positions

University of Vienna, Department of Finance, Guest Professor, 2016, 2017, 2020.

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.

• Dietrich D, Gehrig T. On the Instability of Private Intertemporal Liquidity Provision. Centre for Economic Policy Research Discussion Paper Series 2021.
• Dietrich D, Gehrig T. Speculative and Precautionary Demand for Liquidity in Competitive Banking Markets. Centre for Economic Policy Research Discussion Paper Series 2021.
• Bucher M, Dietrich D, Tvede M. Coordination Failures, Bank Runs and Asset Prices. Deutsche Bundesbank Discussion Paper Series 2018, (39/2018), 29.
• Dietrich D, Shin J, Tvede M. Debt Constraints and Monetary Policy. Journal of Mathematical Economics 2020, 87, 31-42.
• Dietrich D, Hauck A. Interbank borrowing and lending between financially constrained banks. Economic Theory 2020, 70(2), 347-385.
• Bucher M, Dietrich D, Hauck A. Implications of bank regulation for loan supply and bank stability: a dynamic perspective. European Journal of Finance 2019, 25(16), 1527-1550.
• Dietrich D, Hauck A. Bank Capital Regulation, Loan Contracts, and Corporate Investment. Quarterly Review of Economics and Finance 2014, 54(2), 230-241.
• Bucher M, Dietrich D, Hauck A. Business Cycles, Bank Credit and Crises. Economics Letters 2013, 120(2), 229-231.
• 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.
• Dietrich D. Asset Tangibility and Capital Allocation. Journal of Corporate Finance 2007, 13(5), 995-1007.