Prof. Dr. Andre Guettler

André Guettler holds a doctoral degree from Goethe University Frankfurt. Prior to joining Ulm University in April 2013, he was an assistant professor and Heisenberg scholar at EBS Business School. Since January 2026, he has been a member of the university council at the German University in Cairo. His current research focuses on cryptocurrency markets, non-fungible tokens (NFTs), and agentic AI.

He has visited the National University of Singapore, the University of Texas at Austin, Tilburg University, Coppead Business School, and the Federal Reserve Bank of Chicago. The German Science Foundation (DFG) has supported four of his research projects and his Heisenberg scholarship. From June 2016 to May 2025, he was appointed Research Professor at the Halle Institute for Economic Research (IWH).

Selected Publications

Gender and Banking: Are Women Better Loan Officers?, with T. Beck and P. Behr, Review of Finance 17 (2013), 1279-1321

VoxEU column, NY Times Economics Blog, The Wall Street Journal Economics Blog

The Impact of Public Guarantees on Bank Risk Taking: Evidence from a Natural Experiment, with R. Gropp and C. Gruendl, Review of Finance 18 (2014), 457-488 

VoxEU column, Ökonomenstimme column

Best paper award - Conference of the German Finance Association 2010

"Virtual Issue: Politics and International Finance" of the Review of Finance

EFA 2010, AFA 2011

Financial Incentives and Loan Officer Behavior: Multitasking and Allocation of Effort Under an Incomplete Contract, with P. Behr, A. Drexler, and R. Gropp, Journal of Financial and Quantitative Analysis 55 (2020), 1243-1267.

FAZ ("Der Volkswirt")

EFA 2014, AFA 2015

Semifinalist best paper award in the category financial markets and institutions, Financial Management Association 2016 

Public Guarantees and Allocative Efficiency, with R. Gropp and V. Saadi, Journal of Monetary Economics 116 (2020), 53-69.

EFA 2015, Day-Ahead Conference of the Fed San Francisco 2016, FIRS 2016, BHC/BoE/CEPR/CFM conference on Finance, Investment and Productivity 2016; Chicago Financial Institutions Conference 2017,  MIT Golub Center for Finance and Policy Conference 2017

German Research Foundation, grant number 3596/3-1

Pre-Publication Revisions of Bank Financial Statements: A Novel Way to Monitor Banks?, with M Naeem, L. Norden, and B. Van Doornik, Journal of Financial Intermediation 58 (2024), 101073.

BIS Working Papers, No. 1177 (28 March 2024)

Bitcoin Ordinals and Inscriptions: An Analysis of Bitcoin’s Evolving Network Dynamics, with A. Wiedenmann, The Journal of The British Blockchain Association 9 (2026), 1–12.

Selected Working Papers

Trust in a Trustless Network: The Case of the Bitcoin Flash Crash on May 19, 2021, with T. Baumgartner

Unmasking Cryptocurrency Pump-and-Dump Schemes: An Autoencoder Approach for Detection, with D. Reibel and A. Scherp

Has Manipulation in the VIX Decreased? with T. Baumgartner

The Price of Priority: Investor Sophistication and Endogenous Bidding Costs in Primary Markets, with O. Padmaperuma

Crypto is coming of age: The case of Bitcoin's rising beta, with A. Drexler and A. Sun

Work in Progress

Crime Tokens, with A. Wiedenmann

Predicting Prediction Markets, with O. Padmaperuma