Prof. Christian Keuschnigg

Christian Keuschnigg is Emeritus Professor of Economics at the University of St.Gallen. He specializes in public economics and has published extensively in his areas of research expertise.

Professor Keuschnigg works at the intersection of macroeconomics and finance and is currently investigating the effects of economic policy and financial sector regulation on economic growth and business cycle fluctuations. In this respect, he revisits the role of banks and venture capital in economic growth driven by creative destruction. By restructuring the loans of firms with poor prospects and high default risk, banks accelerate the exit of unproductive firms. By redirecting credit toward new and more productive firms, they improve the efficiency of capital allocation and promote aggregate productivity and growth.

• Financial Institutions
  • Banks
  • Institutional Investors and Funds
  • Venture Capital and Private Equity
• Corporate Finance and Governance
  • Corporate Governance and Managerial Compensation
  • Financing Policy and Capital Structure