Researcher Profiles Joost Bats

Joost Bats

Domestic Markets Department

Current research interests: Financial and monetary economics

Contact: BatsJ@rba.gov.au

Joost Bats works in the Domestic Markets Department of the Reserve Bank of Australia. He is also a Postdoctoral Fellow at the University of Amsterdam. He previously worked in the Monetary Policy Department of the European Central Bank and the Monetary Operations Division of De Nederlandsche Bank. He holds a PhD in monetary economics and has published academically on monetary and financial issues.

Academic publications

  • Bats JV, M Giuliodori and ACFJ Houben (2023) ‘Monetary Policy Effects in Times of Negative Interest Rates: What Do Bank Stock Prices Tell Us?’ Journal of Financial Intermediation, 53, 101003.
  • Bats JV and ACFJ Houben (2020) ‘Bank-based Versus Market-based Financing: Implications for Systemic Risk’ Journal of Banking and Finance, 114, 105776.

Working Papers

  • Bats JV, G Bua and D Kapp (2023) ‘Physical and Transition Risk Premiums in Euro Area Corporate Bond Markets’ De Nederlandsche Bank Working Paper No 761.
  • Bats JV and JJA Hoondert (2022) ‘The Relationship Between Central Bank Auctions and Bill Market Liquidity’ ECB Working Paper No 2708.
  • Bats JV, W Greif and D Kapp (2022) ‘The Rise in the Cross-Sectoral Dispersion of Earnings Expectations during COVID-19’ ECB Working Paper No 2664.
  • Bats JV (2020) ‘Corporates’ Dependence on Banks: The Impact of ECB Corporate Sector Purchases’ De Nederlandsche Bank Working Paper No 667.
  • Bats JV (2019) and T Hudepohl (2019) ‘Impact of Targeted Credit Easing by the ECB: Bank-Level Evidence’ De Nederlandsche Bank Working Paper No 631.

Policy Publications

  • Bats JV, W Greif and D Kapp (2021) ‘Cross-Sectoral Dispersion in Firms’ Earnings Expectations during the COVID-19 Crisis’ ECB Economic Bulletin Issue 5.
  • Bats JV, W Greif and D Kapp (2021) ‘Earnings Expectations Signal a Heterogeneous Recovery after COVID-19’ SUERF Policy Brief 229.
  • Bats JV, M Giuliodori and ACFJ Houben (2020) ‘Monetary Policy Effects in Times of Negative Interest Rates’ VoXEU, 17 November.
  • Bats JV, ACFJ Houben and D Schoenmaker (2020) ‘Boosting the Resilience of Europe’s Financial System in the Coronavirus Crisis’ Bruegel Blog, 17 July.
  • Bats JV, M Giuliodori and ACFJ Houben (2020) ‘Monetary Policy Effects in Times of Negative Interest Rates’ SUERF Policy Note 212.
  • Bats JV, JW van den End and J Thoolen (2018) ‘Revisiting the Central Bank’s Lender of Last Resort Function’ De Nederlandsche Bank Occasional Studies 16-4.