Content
2023, Issue 46
- 19-28 The effects of cost-push inflation on Austrian banks
by Christian Wipf - 29-38 Repricing of bank assets and liabilities in the current rate hike cycle: historical perspective and impact on bank profitability
by Peter Breyer & Stefan Girsch & Jakob Hanzl & Mario Hübler & Sophie Steininger & Elisabeth Wittig - 39-46 Austria’s deposit guarantee scheme – resilient in uncertain times
by Judith Eidenberger & Katharina Steiner - 47-63 What do people in Austria think about green finance?
by Andreas Breitenfellner & Heider Kariem
2023, Issue 45
- 45-59 An analysis of Austrian banks during the high inflation period of the 1970s
by Peter Breyer & Stefan Girsch & Jakob Hanzl & Mario Hübler & Sophie Steininger & Elisabeth Wittig
2022, Issue 44
- 25-44 Financial vulnerabilities and debt at risk of CESEE borrowers: a cross-country analysis
by Matthias Enzinger & Melanie Koch & Aleksandra Riedl - 45-67 Systemic risks of commercial real estate funding in Austria
by David Liebeg & Maximilian Liegler - 69-77 Effects of interest rate and inflation shocks on household vulnerability in Austria: a microsimulation using HFCS data
by Nicolas Albacete & Isabel Gerstner & Niklas Geyer & Peter Lindner & Nicolas Prinz & Verena Woharcik - 79-87 DuPont reloaded: the profitability of the Austrian banking sector and the impact of the COVID-19 pandemic
by Manuel Gruber & Stefan Kavan
2022, Issue 43
- 61-71 Changes in banks’ rating assignments in response to the COVID-19 pandemic
by Marcel Barmeier & Mario Haller
2021, Issue 42
- 27-45 OeNB climate risk stress test – modeling a carbon price shock for the Austrian banking sector
by Martin Guth & Jannika Hesse & Csilla Königswieser & Gerald Krenn & Christian Lipp & Benjamin Neudorfer & Martin Schneider & Philipp Weiss - 47-55 Identifying banks with significant negative effects on financial stability in systemic shock scenarios
by Judith Eidenberger & Katharina Steiner - 57-70 Nonbank financial intermediation in Austria – an update
by Alexandra Schober-Rhomberg & Alexander Trachta & Matthias Wicho - y:2021:i:42:b:2 Supplement to “OeNB climate risk stress test – modeling a carbon price shock for the Austrian banking sector”
by Csilla Königswieser & Benjamin Neudorfer & Martin Schneider
2021, Issue 41
- 57-76 The calm before the storm? Insolvencies during the COVID-19 pandemic
by Helmut Elsinger & Pirmin Fessler & Stefan Kerbl & Anita Schneider & Martin Schürz & Stefan Wiesinger - 77-88 COVID-19-related payment moratoria and public guarantees for loans – stocktaking and outlook
by Stephan Fidesser & Andreas Greiner & Ines Ladurner & Zofia Mrazova & Christof Schweiger & Ralph Spitzer & Elisabeth Woschnagg
2020, Issue 40
- 31-44 Austrian banks’ exposure to climate-related transition risk
by Stefano Battiston & Martin Guth & Irene Monasterolo & Benjamin Neudorfer & Wolfgang Pointner - 63-86 Modeling the COVID-19 effects on the Austrian economy and banking system
by Martin Guth & Christian Lipp & Claus Puhr & Martin Schneider - 87-101 The Austrian bank branch network from 2000 to 2019 from a spatial perspective
by Helmut Stix - y:2020:i:40:b:2 Green finance – opportunities for the Austrian financial sector
by Andreas Breitenfellner & Susanne Hasenhüttl & Georg Lehmann & Andreas Tschulik
2020, Issue 39
- 71-87 Mapping financial vulnerability in CESEE: understanding risk-bearing capacities of households is key in times of crisis
by Nicolas Albacete & Pirmin Fessler & Maximilian Propst - 89-109 Austrian banks’ lending risk appetite in times of expansive monetary policy and tightening capital regulation
by Stefan Kerbl & Katharina Steiner
2019, Issue 38
- 30-45 Climate change as a risk to financial stability
by Wolfgang Pointner & Doris Ritzberger-Grünwald - 46-55 Small but buzzing: the Austrian fintech ecosystem
by Michael Boss & Konrad Richter & Andreas Timel & Philipp Weiss - 56-73 The recent upswing in corporate loan growth in Austria – a first risk assessment
by Andreas Greiner & Katharina Steiner & Walter Waschiczek - 74-86 Nonbank financial intermediation in Austria – developments since 2008
by Thomas Pöchel & Alexandra Schober-Rhomberg & Alexander Trachta & Matthias Wicho - 87-94 OeNB Macroprudential Policy Conference – Financial stability in 2030: Maintaining effectiveness while reducing regulatory complexity
by Michaela Posch & Stefan W. Schmitz
2019, Issue 37
- 57-72 Who puts our financial system at risk? A methodological approach to identify banks with potential significant negative effects on financial stability
by Judith Eidenberger & Vanessa Redak & Eva Ubl - 73-85 Quantifying interest rate risk and the effect of model assumptions behind sight deposits
by Stefan Kerbl & Boris Simunovic & Andreas Wolf
2018, Issue 36
- 25-39 European retail payments market integration and fintech: a case study approach
by Katharina Allinger - 40-55 Nonperforming exposures of Austrian banks – decomposing aggregate measures
by Petra Bärnthaler & Helmut Elsinger & Pirmin Fessler & Elisabeth Woschnagg - 56-72 Funding growth and innovation in Austria – financing conditions for SMEs and start-ups
by Helmut Gassler & Wolfgang Pointner & Doris Ritzberger-Grünwald - 73-81 Improved own funds levels: effects on banks’ “problem probability”
by Stefan Kerbl & Christoph Leitner - 82-93 Lending to households in CESEE with regard to Austrian banking subsidiaries and macroprudential measures addressing credit-related risks
by Tina Wittenberger
2018, Issue 35
- 50-58 Digitalization in financial services and household finance: fintech, financial literacy and financial stability
by Helmut Elsinger & Pirmin Fessler & Judith Feyrer & Konrad Richter & Maria Antoinette Silgoner & Andreas Timel - 59-66 The Russian banking sector: between instability and recovery
by Stephan Barisitz - 67-83 One policy to rule them all? On the effectiveness of LTV, DTI and DSTI ratio limits as macroprudential policy tools
by Nicolas Albacete & Pirmin Fessler & Peter Lindner
2017, Issue 34
- 52-67 Profitability of Austrian banks ’ domestic business from 1995 to 2016: driving forces, current challenges and future opportunities
by Gernot Ebner & Eleonora Endlich & Andreas Greiner & Manuel Gruber & Stefan Kavan & Marie Theres Kraihammer & Martin Ohms & Vanessa Redak & Alexandra Schober-Rhomberg & Daniela Widhalm - 68-89 Comparability of Basel risk weights in the EU banking sector
by Sophia Döme & Stefan Kerbl
2017, Issue 33
- 52-68 Simulating the impact of borrower-based macroprudential policies on mortgages and the real estate sector in Austria – evidence from the Household Finance and Consumption Survey 2014
by Nicolas Albacete & Peter Lindner - 69-77 Ukraine’s banking sector: still very weak, but some signs of improvement
by Stephan Barisitz & Mathias Lahnsteiner - 78-87 What drives Austrian banking subsidiaries’ return on equity in CESEE and how does it compare to their cost of equity?
by Manuel Gruber & Stefan Kavan & Paul Stockert - 88-101 The resilience of households in bank bail-ins
by Peter Lindner & Vanessa Redak
2016, Issue 32
- 64-79 The profitability of Austrian banking subsidiaries in CESEE: driving forces, current challenges and opportunities
by Gernot Ebner & Eleonora Endlich & Andreas Greiner & Manuel Gruber & Günther Hobl & Stefan Kavan & Martin Ohms & Vanessa Redak & Alexandra Schober-Rhomberg & Paul Stockert & Daniela Widhalm & Tina Wittenberger - 80-100 Banking employment in Austria
by Doris Ritzberger-Grünwald & Alfred Stiglbauer & Walter Waschiczek - 101-119 Bail-in: who invests in noncovered debt securities issued by euro area banks?
by Claudia Pigrum & Thomas Reininger & Caroline Stern - 120-137 From low to negative rates: an asymmetric dilemma
by Stefan Kerbl & Michael Sigmund
2016, Issue 31
- 62-81 The distribution of residential property price changes across homeowners and its implications for financial stability in Austria
by Nicolas Albacete & Pirmin Fessler & Peter Lindner - 82-95 Minimum requirement for own funds and eligible liabilities (MREL) – initial assessment for Austrian banks and selected subsidiaries in the EU
by Johannes Langthaler & Valentina Metz & Patrick Pechmann & Konrad Richter & Bernhard Rottensteiner & Daniel Unterkofler & Philipp Weiss - 96-119 Corporate financing in Austria in the run-up to capital markets union (This study is also available in German)
by Helmut Elsinger & Robert Köck & Marcel Kropp & Walter Waschiczek
2015, Issue 30
- 62-70 Analyzing the systemic risks of alternative investment funds based on AIFMD reporting: a primer
by Georg Lehecka & Eva Ubl - 71-84 The Russian banking sector – heightened risks in a difficult environment
by Stephan Barisitz - 85-92 Systemic liquidity and macroprudential supervision
by Aerdt Houben & Stefan W. Schmitz & Michael Wedow
2015, Issue 29
- 72-92 Ukraine: struggling banking sector amid substantial uncertainty
by Stephan Barisitz & Zuzana Fungáčová - 93-109 Foreign currency borrowers in Austria – evidence from the Household Finance and Consumption Survey
by Nicolas Albacete & Peter Lindner - 110-121 When Austrian banks cross borders
by Esther Segalla
2014, Issue 28
- 54-58 Austrian Banks in the Comprehensive Assessment
by Maximilian Fandl & Robert Ferstl - 59-68 Austrian Subsidiaries’ Profitability in the Czech Republic and Slovakia – CESEE Margins with an Austrian Risk Profile
by Stefan Kavan & Daniela Widhalm - 69-74 Workshop Summary: Are House Prices Endangering Financial Stability? If So, How Can We Counteract This?
by Martin Schneider & Karin Wagner - 75-90 The Banking Recovery and Resolution Directive and the EU’s Crisis Management Framework: Principles, Interplay with the Comprehensive Assessment and the Consequences for Recapitalizing Credit Institutions in Crisis Situations
by Dieter Huber & Georg Merc
2014, Issue 27
- 50-63 The Priorities of Deleveraging in the Euro Area and Austria and Its Implications for CE SEE
by Judith Eidenberger & Stefan W. Schmitz & Katharina Steiner - 64-73 Macrofinancial Developments in Ukraine, Russia and Turkey from an Austrian Financial Stability Perspective
by Stephan Barisitz & Mathias Lahnsteiner & Daniela Widhalm & Tina Wittenberger - 74-82 Capital Market Development in CESEE and the Need for Further Reform
by Krisztina Jäger-Gyovai - 83-94 Macroprudential Supervision: A Key Lesson from the Financial Crisis
by Judith Eidenberger & David Liebeg & Stefan W. Schmitz & Reinhardt Seliger & Michael Sigmund & Katharina Steiner & Peter Strobl & Eva Ubl - 95-110 Risk-Bearing Capacity of Households – Linking Micro-Level Data to the Macroprudential Toolkit
by Nicolas Albacete & Judith Eidenberger & Gerald Krenn & Peter Lindner & Michael Sigmund
2013, Issue 26
- 56-61 Macroprudential Policy: A Complementing Pillar in Prudential Supervision – The EU and Austrian Frameworks
by David Liebeg & Alexander Trachta - 62-81 Quantifying Financial Stability in Austria, New Tools for Macroprudential Supervision
by Judith Eidenberger & Benjamin Neudorfer & Michael Sigmund & Ingrid Stein - 82-99 Credit Boom in Russia despite Global Woes – Driving Forces and Risks
by Stephan Barisitz - 100-118 ARNIE in Action: The 2013 FSAP Stress Tests for the Austrian Banking System
by Martin Feldkircher & Gerhard Fenz & Robert Ferstl & Gerald Krenn & Benjamin Neudorfer & Claus Puhr & Thomas Reininger & Stefan W. Schmitz & Martin Schneider & Christoph Siebenbrunner & Michael Sigmund & Ralph Spitzer
2013, Issue 25
- 52-56 The Single Supervisory Mechanism within the Banking Union – Novel Features and Implications for Austrian Supervisors and Supervised Entities
by Dieter Huber & Elisabeth von Pföstl - 57-73 Household Vulnerability in Austria – A Microeconomic Analysis Based on the Household Finance and Consumption Survey
by Nicolas Albacete & Peter Lindner - 74-86 Stress Test Robustness: Recent Advances and Open Problems
by Thomas Breuer & Martin Summer - 87-101 Macroeconomic, Market and Bank-Specific Determinants of the Net Interest Margin in Austria
by Ulrich Gunter & Gerald Krenn & Michael Sigmund - 102-117 Measuring Financial (In)Stability in Emerging Europe: A New Index-Based Approach
by Petr Jakubík & Tomáš Slacík
2012, Issue 24
- 54-61 How Do Austrian Banks Fund Their Swiss Franc Exposure?
by Raphael Auer & Sebastien Kraenzlin & David Liebeg - 62-78 Contagiousness and Vulnerability in the Austrian Interbank Market
by Claus Puhr & Reinhardt Seliger & Michael Sigmund - 79-95 Clustering Austrian Banks’ Business Models and Peer Groups in the European Banking Sector
by Robert Ferstl & David Seres
2012, Issue 23
- 50-57 Ukrainian Banks Face Heightened Uncertainty and Challenges
by Stephan Barisitz & Ulrich Gunter & Mathias Lahnsteiner - 58-71 Risk Buffer Profiles of Foreign Currency Mortgage Holders
by Nicolas Albacete & Pirmin Fessler & Martin Schürz - 72-87 Intra-Group Cross-Border Credit and Roll-Over Risks in CESEE – Evidence from Austrian Banks
by Markus Hameter & Mathias Lahnsteiner & Ursula Vogel
2011, Issue 22
- 59-71 Detecting Financial Stability Vulnerabilities in Due Time: Can Simple Indicators Identify a Complex Issue?
by Benjamin Neudorfer & Michael Sigmund & Alexander Trachta - 72-87 What Drives Aggregate Credit Risk?
by Stefan Kerbl & Michael Sigmund - 88-106 The Austrian Insurance Industry in CESEE: Risks and Opportunities from a Financial Stability Point of View
by Teresa Bianchi & Gernot Ebner & Raimund Korherr & Eva Ubl - 107-111 Bank Supervision and Resolution: National and International Challenges
by Martin Summer
2011, Issue 21
- 58-61 The Road to Basel III – Quantitative Impact Study, the Basel III Framework and Implementation in the EU
by Anastasia Gromova-Schneider & Caroline Niziolek - 62-78 Macroprudential Regulation and Supervision: From the Identification of Systemic Risks to Policy Measures
by David Liebeg & Michaela Posch - 79-104 Preserving Macrofinancial Stability in Serbia: Past Legacies, Present Dilemmas and Future Challenges
by Sándor Gardó
2010, Issue 20
- 56-76 Foreign Currency Lending in Central, Eastern and Southeastern Europe: The Case of Austrian Banks
by Johannes Pann & Reinhardt Seliger & Julia Übeleis - 77-85 Russian Banks on the Route of Fragile Recovery
by Stephan Barisitz & Mathias Lahnsteiner - 86-114 The Economic Impact of Measures Aimed at Strengthening Bank Resilience – Estimates for Austria
by Emanuel Kopp & Christian Ragacs & Stefan W. Schmitz - 115-122 The Economics of Bank Insolvency, Restructuring and Recapitalization
by Helmut Elsinger & Martin Summer
2010, Issue 19
- 61-71 From Stormy Expansion to Riding out the Storm: Banking Development in Kazakhstan
by Stephan Barisitz & Mathias Lahnsteiner - 72-91 Stress Testing Austrian Households
by Nicolas Albacete & Pirmin Fessler - 92-104 Effects of the Payment Services Act on the Austrian Financial Market
by Barbara Freitag & Benedict Schimka - 105-119 Assessing the Relevance of Austrian Investment Companies and Mutual Funds for Financial Stability
by Stefan Kavan & Günther Sedlacek & Reinhardt Seliger & Eva Ubl
2009, Issue 18
- 59-66 Recent Developments in the Austrian Banking System's Liquidity Situation and the International Regulatory Debate
by Stefan W. Schmitz & Florian Weidenholzer - 67-75 Investor Commitment Tested by Deep Crisis: Banking Development in Ukraine
by Stephan Barisitz & Mathias Lahnsteiner - 76-92 The Austrian Insurance Industry from a Financial Stability Perspective: an Analysis of the Period from 2002 to 2008
by Gernot Ebner & Eva Ubl - 93-103 Quantifying the Cyclicality of Regulatory Capital – First Evidence from Austria
by Stefan Kerbl & Michael Sigmund
2009, Issue 17
- 54-62 A Review of the Impact of the Crisis on Austria’s Financial Sector
by Martin Schürz & Markus Schwaiger & Julia Übeleis - 63-84 EU Bank Packages: Objectives and Potential Conflicts of Objectives
by Michaela Posch & Stefan W. Schmitz & Beat Weber - 85-101 Modeling Credit Risk through the Austrian Business Cycle: An Update of the OeNB Model
by Michael Boss & Martin Fenz & Johannes Pann & Claus Puhr & Martin Schneider & Eva Ubl - 102-122 Direct Cross-Border Lending by Austrian Banks to Eastern Europe
by Claus Puhr & Markus Schwaiger & Michael Sigmund - 123-142 Banking and Financial Stability in Russia and the Euro Area amid International Financial Market Turbulences
by Stephan Barisitz & Gernot Ebner & Mathias Lahnsteiner & Johannes Pann
2008, Issue 16
- 76-95 The Refinancing Structure of Banks in Selected CESEE Countries
by Zoltan Walko - 96-107 ICAAP Implementation in Austria’s Major Banks
by Elisabeth Woschnagg - 108-121 The Austrian Carry Trade: What Are the Characteristics of Households Borrowing in Foreign Currency?
by Christian Beer & Steven Ongena & Marcel Peter - 122-134 An Analysis of Credit to the Household Sector in Austria
by Friedrich Fritzer & Lukas Reiss - 135-148 Corporate Governance and Credit Institutions
by Birgit Sauerzopf
2008, Issue 15
- 68-92 Stress Tests for the Austrian FSAP Update 2007: Methodology, Scenarios and Results
by Michael Boss & Gerhard Fenz & Gerald Krenn & Johannes Pann & Claus Puhr & Thomas Scheiber & Stefan W. Schmitz & Martin Schneider & Eva Ubl - 93-111 Systemically Important Accounts, Network Topology and Contagion in ARTIS
by Michael Boss & Gerald Krenn & Valentina Metz & Claus Puhr & Stefan W. Schmitz - 112-118 Is Current Capital Regulation Based on Conservative Risk Assessment?
by Thomas Breuer & Martin Jandacka & Klaus Rheinberger & Martin Summer - 119-140 Walking the Tightrope: A First Glance on the Impact of the Recent Global Financial Market Turbulence on Central, Eastern and Southeastern Europe
by Sándor Gardó & Antje Hildebrandt & Zoltan Walko
2007, Issue 14
- 68-84 Determinants of Bank Interest Margins in Central and Eastern Europe
by David Liebeg & Markus Schwaiger - 85-103 Banking in Belarus – On a Trajectory of its Own?
by Stephan Barisitz - 104-116 Indicators for Analyzing the Risk Exposure of Enterprises and Households
by Christian Beer & Walter Waschiczek - 117-125 Quantitative Validation of Rating Models for Low Default Portfolios through Benchmarking
by Georg von Pföstl & Markus Ricke
2007, Issue 13
- 68-82 Banking Efficiency and Foreign Ownership in Transition: Is There Evidence of a Cream-Skimming Effect?
by Jaroslav Borovicka - 83-97 The Concept of Capital within the Framework of Basel II
by Georg von Pföstl - 98-114 Demographic Change, Bank Strategy and Financial Stability
by Stefan W. Schmitz - 115-134 Stress Testing the Exposure of Austrian Banks in Central and Eastern Europe
by Michael Boss & Gerald Krenn & Claus Puhr & Markus Schwaiger
2006, Issue 12
- 64-78 Booming, but Risky: The Ukrainian Banking Sector – Hot Spot for Foreign Strategic Investors
by Stephan Barisitz - 79-91 Modeling Dependent Credit Risks for Application to Off-Site Banking Supervision
by Evgenia Glogova & Richard Warnung - 92-103 Austrian Banks’ Lending and Loan Pricing Strategies against the Background of Basel II
by Johannes Jäger & Vanessa Redak - 104-116 Determinants of the Interest Rate Margins of Austrian Banks
by David Liebeg & Markus Schwaiger
2006, Issue 11
- 66-82 Main Features of Recent Banking Sector Developments in Selected Southeastern European Countries
by Peter Backé & Thomas Reininger - 83-95 Systemic Risk Monitor: A Model for Systemic Risk Analysis and Stress Testing of Banking Systems
by Michael Boss & Gerald Krenn & Claus Puhr & Martin Summer - 96-113 Operational Risk and Contagion in the Austrian Large-Value Payment System ARTIS
by Ulrike Elsenhuber & Claus Puhr & Stefan W. Schmitz
2005, Issue 10
- 64-73 Payment Institutions – Potential Implications of the New Category of Payment Service Providers for the Austrian Financial Market
by Ulrike Elsenhuber & Benedict Schimka - 74-82 The Exposure of Austrian Banks to Hedge Funds: Survey Results and Regulatory Aspects
by Eleonora Endlich & Markus Schwaiger & Gabriele Stöffler - 83-94 Capital Market-Oriented Financing Prospects for Austrian SMEs
by Michael Halling & Josef Zechner
2005, Issue 9
- 64-76 The Consistency of Self-Declared Hedge Fund Styles — A Return-Based Analysis with Self-Organizing Maps
by Ramin Baghai-Wadj & Rami El-Berry & Stefan Klocker & Markus Schwaiger - 77-92 Institutional Determinants of Equity Financing in Austria
by Werner Dirschmid & Walter Waschiczek - 93-109 Demographic Developments, Funded Pension Provision and Financial Stability
by Stefan W. Schmitz - 110-126 The Croatian Banking System
by Thomas Reininger & Zoltan Walko
2004, Issue 8
- 60-76 Credit and Deposit Interest Rate Margins in Four New EU Member States
by Thomas Reininger - 77-91 Banking Efficiency in Central and Eastern Europe
by Stefania P.S. Rossi & Markus Schwaiger & Gerhard Winkler - 107-113 Supervision of Financial Conglomerates
by Gabriele Stöffler
2004, Issue 7
- 56-63 New Approaches to Banking Analysis in Austria
by Jürgen Bauer & Evelyn Hayden - 64-76 Innovative Credit Risk Transfer Instruments and Financial Stability in Austria
by Vanessa Redak & Eleonora Weiss - 77-87 An Empirical Analysis of the Network Structure of the Austrian Interbank Market
by Michael Boss & Helmut Elsinger & Martin Summer & Stefan Thurner - 88-100 The Transformation of the Romanian Financial and Banking Sector
by Stephan Barisitz
2003, Issue 6
- 62-74 Systemic Risk Factors in the Insurance Industry and Methods for Risk Assessment
by Gerald Krenn & Mario Oschischnig - 74-85 The Third Quantitative Impact Study (Basel II)
by Alexander Tscherteu - 86-97 Cultural Risk and Risk Culture: Operational Risk after Basel I
by Roman Buchelt & Stefan Unteregger
2003, Issue 5
- 56-69 Basel II, Procyclicality and Credit Growth - First Conclusions from QIS 3
by Vanessa Redak & Alexander Tscherteu - 70-81 Calibration of Rating Systems - A First Analysis
by Luise Breinlinger & Evgenia Glogova & Andreas Höger - 82-95 Overview of Austrian Banks Internal Credit Rating Systems
by Doris Datschetzky & Dagmar Straka & Sabine Wukovits - 96-111 Credit Derivatives - Overview and Implications for Monetary Policy and Financial Stability
by Martin Scheicher
2002, Issue 3
- 58-74 Macroeconomic Stress Testing: Preliminary Evidence for Austria
by Harvir Kalirai & Martin Scheicher - 75-86 A New Approach to Assessing the Risk of Interbank Loans
by Helmut Elsinger & Alfred Lehar & Martin Summer - 87-106 Determinants of Initial Public Offerings - A European Time-Series Cross-Section Analysis
by Luise Breinlinger & Evgenia Glogova
0000, Issue 29
- 58-71 The profitability of Austrian banks’ subsidiaries in Croatia, Hungary and Romania and how the financial crisis affected their business models
by Stefan Kavan & Florian Martin