Working Papers

• Wang, Weichao, Norden, Lars, and Bernardus Van Doornik (2024), Labor Turnover and Bank Risk, Working Paper, April 2024..
• Goedde-Menke, Michael, Norden, Lars,  and Christian Rose (2023): The benefits of downside risk reduction through coinsurance, Working Paper, July 2023. 
• Berger, Allen, Bouwman, Christa, Norden, Lars, Roman, Raluca, Udell, Gregory, and Teng Wang (2022): Is a Friend in Need a Friend Indeed? How Relationship Borrowers Fare during the COVID-19 Crisis. Working Paper, July 2022..

Artigos

• Norden, L., Ribeiro, T. (2025). Local credit in Brazil: The role of digital connectivity and education. Emerging Markets Review 65, 101265.
• Balan, P., Norden, L. (2024). Are measures of corporate financial constraints universal? Evidence from Brazil. Finance Research Letters 70, 106353.
• Barthman, G., Moura, M., Norden, L. (2024). Lending technologies and consumer defaults in times of crisis: Evidence from Brazil. Finance Research Letters 62, 105236.
  
• Güttler, A., Naeem, M., Norden, L., Van Doornik, B. (2024). Pre-Publication Revisions of Bank Financial Statements: A Novel Way to Monitor Banks? Journal of Financial Intermediation 58, 101073.
• Norden, Lars, Yao, Chin, and Lei Zhao, Lei (2023), Credit Default Swaps and Firm Cyclicality. Journal of Financial and Quantitative Analysis, October 2023.
• Berger, Allen, Bouwman, Christa, Norden, Lars, Roman, Raluca, Udell, Gregory and Teng Wang (2024):  Piercing through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses during Normal Times and the COVID-19 Crisis. Journal of Political Economy 132:2, 484-551.
• Behr, Patrick, Norden, Lars, and Raquel de Freitas Oliveira (2022): Finance and labor: The effect of bank relationships. Journal of Financial and Quantitative Analysis, November 2022.
• Illueca, Manuel, Norden, Lars, Pacelli, Joseph, and Gregory F. Udell (2022): Countercyclical Prudential Buffers and Bank Risk-Taking. Journal of Financial Intermediation 50, July, 100961.
  
• Löffler, Gunter, Norden, Lars, and Alexander Rieber (2021): Negative rating news and the stock market impact of tone in rating reports. Journal of Banking and Finance 133, December, 106256.
• Norden, Lars, Mesquita, Daniel, and Weichao Wang (2021): COVID-19, Policy Interventions and Credit: The Brazilian Experience. Journal of Financial Intermediation 48, October, 100933.
• Norden, Lars, van Kampen, Stefan, and Manuel Illueca (2021): Credit quality and substitution in SME finance. Journal of Financial Management, Markets and Institutions 9, 2150005.
• Kiesel, Florian, Kolaric, Sascha, Norden, Lars, and Dirk Schiereck (2021): To change or not to change? The CDS market response of firms on credit watch. Journal of Banking and Finance 125, April, 106067.
• Hibbeln, Martin, Norden, Lars, Usselmann, Piet, and Marc Gürtler (2020): Informational synergies in consumer credit. Journal of Financial Intermediation 44, 100831.
• Liu, Hong, Norden, Lars and Fabrizio Spargoli (2020): Does Uniqueness in Banking Matter? Journal of Banking and Finance 120, 105941.
  
• Norden, Lars, Udell, Gregory F., and Teng Wang (2020): Do bank bailouts affect the provision of trade credit? Journal of Corporate Finance 60, 101522.
  
• Moura, Luiz, and Lars Norden  (2019): Does Good Corporate Governance Pay Off in the Long-Run? Evidence from Stock Market Segment Switches in Brazil. Forthcoming, Brazilian Review of Finance.
• Behr, Patrick, Foos, Daniel, and Lars Norden (2017): Cyclicality of SME lending and government involvement in banks. Journal of Banking and Finance 77, 64-77.
  
• Norden, Lars (2017): Information in CDS spreads. Journal of Banking and Finance 75, 118-135.
  
• Norden, Lars, Roosenboom, Peter, and Teng Wang (2016): The Effects of Corporate Bond Granularity. Journal of Banking and Finance 63, 25-34.
  
• Kysucky, Vlado, and Lars Norden (2016): The Benefits of Relationship Lending in a Cross-Country Context: A Meta-Analysis. Management Science 62, 90-110.
• Illueca, Manuel, Norden, Lars, and Gregory F. Udell (2014): Liberalization and Risk Taking: Evidence from Government-Controlled Banks, Review of Finance 18, 1217-1257.
• Norden, Lars, Silva Buston, Consuelo, and Wolf Wagner (2014): Financial innovation and bank behavior: Evidence from credit markets, Journal of Economic Dynamics and Control 43, 130-145.
• Norden, Lars, Roosenboom, Peter and Teng Wang (2013): The Impact of Government Intervention in Banks on Corporate Borrowers’ Stock Returns, Journal of Financial and Quantitative Analysis 48, 1635-1662.
• Norden, Lars, and Stefan van Kampen (2013): Corporate leverage and the collateral channel. Working Paper, Journal of Banking and Finance 37, 5062-5072.
• Behr, Patrick, Norden, Lars, and Felix Noth (2013): Financial Constraints of Private Firms and Bank Lending Behavior, Journal of Banking and Finance 37, 3472-3485.
  
• Dierkes, Maik, Erner, Carsten, Langer, Thomas, and Lars Norden (2013): Business Credit Information Sharing and Default Risk of Private Firms, Journal of Banking and Finance 37, 2867-2878. 
• Kirschenmann, Karolin, and Lars Norden (2012): The Relationship Between Borrower Risk and Loan Maturity in Small Business Lending, Journal of Business Finance and Accounting 39, 730-757.
  
• Grunert, Jens, and Lars Norden (2012): Bargaining power and information in SME lending, Small Business Economics 39, 401-417.
• Norden, Lars, and Martin Weber (2010): Funding modes of German banks: structural changes and their implications, Journal of Financial Services Research 38, 69-93.
  
• Norden, Lars, and Martin Weber (2010): Credit line usage, checking account activity, and default risk of bank borrowers, Review of Financial Studies, 23, 3665-3699.
  
• Foos, Daniel, Norden, Lars, and Martin Weber (2010): Loan growth and riskiness of banks, Journal of Banking and Finance, 34, 2929-2940.
• Norden, Lars, and Martin Weber (2009): The Co-Movement of credit default swap, bond and stock markets: an empirical analysis, European Financial Management, 15, 529-562.
  
• Norden, Lars (2009): Information and risk in bank lending: Empirical evidence, Habilitationsschrift, University of Mannheim.
  
• Norden, Lars, and Wolf Wagner (2008): Credit derivatives and loan pricing, Journal of Banking and Finance, 32, 2560-2569.
  
• Norden, Lars, and Martin Weber (2007): Die trügerische Hoffnung, besser zu sein als der Durchschnitt, in: Martin Weber, Genial Einfach Investieren, Campus Verlag, 45-73.
  
• Kortüm, Bernhard, Norden, Lars, and Martin Weber (2006): Rechtzeitig analysieren - Die Messung von Konzentrationsrisiken im Kreditgeschäft ist wichtig, Bankinformation und Genossenschaftsforum 33, 8, 42-46.
• Norden, Lars, and Martin Weber (2005): Möglichkeiten und Grenzen der Bewertung von Ratingsystemen durch Markt und Staat, Zeitschrift für betriebswirtschaftliche Forschung, Sonderheft 52/05, 31-54.
  
• Grunert, Jens, Norden, Lars, and Martin Weber (2005): The role of non-financial factors in internal credit ratings, Journal of Banking and Finance, 29, 509-531.
  
• Norden, Lars, and Martin Weber (2004): Informational efficiency of credit default swap and stock markets: The impact of credit rating announcements, Journal of Banking and Finance, 28, 2813-2843.
• Norden, Lars (2004): Kreditderivate: Zwischen Kapitalmarkt und bankbetrieblicher Verwendung,  Dissertation, Universität Mannheim.
  
• Grunert, Jens, Kleff, Volker, Norden, Lars, and Martin Weber (2002): Mittelstand und Basel II: Der Einfluss der neuen Eigenkapitalvereinbarung für Banken auf die Kalkulation von Kreditzinsen, Zeitschrift für Betriebswirtschaft, 72, 1045-1064.
• Norden, Lars (2002): Spezialbanken und Basel II: Eine empirische Untersuchung interner Ratingsysteme, Die Betriebswirtschaft, 62, 273-288.
• Norden, Lars (2001): Gewährung und Gestaltung einer Fremdfinanzierung – Entscheidungen in der Kreditpraxis, in: Eisenführ, Franz, Langer, Thomas, and Martin Weber (Hrsg.): Fallstudien zu rationalem Entscheiden, Berlin et al.: Springer, 2001, 49-68.