Financial Markets

Die Abteilung Finanzmärkte untersucht die Funktionsweise, die Widerstandsfähigkeit und den Wandel von Finanzmärkten, die heute im Wesentlichen durch exogene und endogene Schocks, Risikospillover (z.B. die Coronavirus-Krise), Geldpolitik, Technologie und Regulierung bestimmt werden. Daraus ergeben sich Forschungsfragen zu den Folgen für die Preisbildung (Asset Pricing), den Wettbewerb, die Liquidität auf den Sekundärmärkten, die Marktstabilität, das System- und Länderrisiko sowie den Verbraucherschutz. Spezifische regulatorische Maßnahmen wie die EU-Richtlinie über Märkte und Finanzinstrumente MiFID II, EMIR oder säkulare Trends wie der demografische Wandel oder der Klimawandel wirken sich auf die Funktionsweise von Märkten oder die Anlageentscheidungen der Investor:innen aus und sind daher ebenfalls Gegenstand der Forschung der Abteilung. Gleiches gilt für neue digitale Entwicklungen wie Fintechs, Krypto-Assets oder die Blockchain-Technologie, die die Funktionsweise der Finanzmärkte beeinträchtigen und zu systemischen und staatlichen Risiken beitragen könnten.

 


Die Abteilung ist Mitorganisator der folgenden Konferenzreihen:

 


Publikationen

Forscher/innenTitelProgrammbereichTypPubliziertKeywords
Sebastian Steuer, Tobias TrögerThe Role of Disclosure in Green Finance
Journal of Financial Regulation
Law and Finance Published Paper2022
Roman Inderst, Marcus OppSocially Optimal Sustainability Standards with Non-Consequentialist ("Warm Glow") Investors
SAFE Working Paper No. 346
Financial Intermediation, Law and Finance, Household Finance SAFE Working Paper2022Sustainability; ESG; green financing; labelling;
Florian Heider, Roman InderstA Corporate Finance Perspective on Environmental Policy
SAFE Working Paper No. 345
Financial Intermediation, Law and Finance, Household Finance SAFE Working Paper2022
Alperen Afsin Gözlügöl, Wolf-Georg RingePrivate Companies: The Missing Link on The Path to Net Zero
SAFE Working Paper No. 342
Law and Finance SAFE Working Paper2022private companies, net zero transition, sustainability disclosures, brown-spinning, climate change, private equity
Tobias TrögerCapital and Liquidity Requirements for European Banks
forthcoming in Oxford EU Financial Regulation (Oxford University Press)
Law and Finance Published Paper2022
Markus Kröll, Devesh RustagiMeasuring Honesty and Explaining Adulteration in Naturally Occurring Markets
forthcoming in Journal of Development Economics
Law and Finance, Experiment Center Published Paper2022Motivation for honesty, asymmetric information, cheating, informal markets, die game, milk, India
Roman Inderst, Stefan ThomasNachhaltigkeit und Wettbewerb: Zu einer Reform des Wettbewerbsrechts für die Erreichung von Nachhaltigkeitszielen
Policy Letter No. 94
Law and Finance Policy Paper2022Nachhaltigkeit, ESG, Wettbewerbsrecht
Maximilian Lubda, Elsa MassocSocial Media, Polarization and Democracy: A Multi-Methods Analysis of Polarized Users’ Interactions on Reddit’s r/WallStreetBets
SAFE Working Paper No. 337
Law and Finance SAFE Working Paper2022social media, polarization, democracy, investment forum
Matthias Goldmann, Ingo Venzke, Armin von BogdandyGemeinwohl im Völkerrecht. Eine Theorie internationaler öffentlicher Gewalt
Normative Ordnungen (Suhrkamp)
Financial Intermediation, Law and Finance, Macro Finance Published Paper2021
Matthias GoldmannFinanzverfassung und kommunaler Finanzausgleich. Zum Begriff der Finanzkraftreihenfolge bei interkommunalen Umlagen
Die Öffentliche Verwaltung
Financial Intermediation, Law and Finance Published Paper2021
Alperen Afsin GözlügölControlling Tunnelling Through Lending Arrangements: The Disciplining Effect of Lending Arrangements on Value-Diversion, Its Limits and Implications
European Business Law Review
Law and Finance Published Paper2022
Alperen Afsin GözlügölBlinded by Fairness: Why We Need (Strong) Procedural Safeguards in Screening Self-Dealing and Obtaining A Fair Price Is Not the Answer
forthcoming in European Business Organization Law Review
Law and Finance Published Paper2022
Alperen Afsin GözlügölRelated Party Transactions by Directors/Managers in Public Companies: A Data-Supported Analysis
Journal of Corporate Law Studies
Law and Finance Published Paper2021
Alperen Afsin GözlügölThe Political Economy of the Related Party Transactions Regulation in the Shareholders’ Rights Directive II
Yearbook of European Law (Oxford University Press)
Law and Finance Published Paper2020
Benedikt Happ, Tobias TrögerBeschlussmängelrecht nach dem MoPeG: Bestandsaufnahme, Kritik und Fortentwicklung
Zeitschrift für Wirtschaftsrecht
Law and Finance Published Paper2021
Rainer Haselmann, Tobias TrögerWhen and How to Unwind COVID-Support Measures to the Banking System?
Financial Stability amidst the Pandemic Crisis: On Top of the Wave
Law and Finance Published Paper2021Covid-19, Forbearance, Bank Capitalization, Bank Resolution, Supervisory Relief Measures, Financial Stability
Tobias TrögerPersonelle Reichweite aktienrechtlicher Stimmverbote bei Aktionärsgruppen mit einheitlicher Interessenausrichtung
Festschrift für Barbara Grunewald
Law and Finance Published Paper2021
Benedikt Happ, Tobias TrögerUnzulängliche Institutionenbildung im Beschlussmängelrecht der Personengesellschaft
Neue Zeitschrift für Gesellschaftsrecht
Law and Finance Published Paper2021
Tobias TrögerRegulation of Crowdfunding in Germany
Legal Aspects of Crowdfunding. In: Ius Comparatum - Global Studies in Comparative Law (Springer)
Law and Finance Published Paper2021crowdfunding, crowdsponsoring, crowdlending, crowdinvesting, contract law, conflict of laws, banking regulation, securities regulation
Luca Enriques, Tobias TrögerGermany’s Reluctance to Regulate Related Party Transactions: An Industrial Organization Perspective
The Law and Finance of Related Party Transactions (Cambridge University Press)
Law and Finance Published Paper2019related party transactions, Germany Inc., industrial organization, tunneling, private benefits of control, capital maintenance, group law
Florian Hoffmann, Roman Inderst, Marcus OppOnly Time will Tell: A Theory of Deferred Compensation
The Review of Economic Studies
Law and Finance Published Paper2021Compensation design, duration of pay, moral hazard, persistence, principal- agent models, informativeness principle
Tobias TrögerBewertung des Vorschlags der BaFin für eine Richtlinie für nachhaltige Investmentvermögen
Policy Letter No. 93
Law and Finance Policy Paper2021Sustainable Finance, Regulierung, Nachhaltigkeit, Offenlegungspflichten, BaFin
Alperen Afsin GözlügölThe Clash of ‘E’ and ‘S’ of ESG: Just Transition on the Path to Net Zero and the Implications for Sustainable Corporate Governance and Finance
SAFE Working Paper No. 325
Law and Finance SAFE Working Paper2021climate change, sustainability, ESG, employees, workforce, net zero transition, corporate governance, institutional investors, green finance
Sebastian Steuer, Tobias TrögerThe Role of Disclosure in Green Finance
SAFE Working Paper No. 320
Law and Finance SAFE Working Paper2021
Rainer Haselmann, Tobias TrögerWhat are the main differences between the practice of supervising large banks in the UK and in the euro area, and what are the main risks of regulatory divergence?
White Paper No. 86
Law and Finance Policy Paper2021Bank Supervision, Economic Governance, Banking Union, Brexit
Elsa MassocFifty Shades of Hatred and Discontent - Varieties of Anti-finance Discourses on the European Twitter (France, Germany, Italy, Spain and the UK)
SAFE Working Paper No. 338
Law and Finance SAFE Working Paper2022finance, opinion, social media, discourse analysis
Theresa KreftBankenstrukturreformen in Deutschland und dem Vereinigten Königreich
Schriften zum Unternehmens- und Kapitalmarktrecht 68 (Mohr Siebeck)
Law and Finance Published Paper2019
Patrick Blank, Ann-Katrin Kaufhold, Jan Pieter Krahnen, Katja LangenbucherBaFin (in)dependence – A reform proposal
White Paper No. 82
Law and Finance, Financial Markets Policy Paper2021Capital markets, supervision, Wirecard
Rainer Haselmann, Tobias TrögerWhen and how to unwind COVID-support measures to the banking system?
White Paper No. 83
Law and Finance Policy Paper2021Covid-19, Forbearance, Bank Capitalization, Bank Resolution, Supervisory Relief Measures, Financial Stability
Ester Faia, Andreas Fuster, Vincenzo Pezone, Basit ZafarBiases in Information Selection and Processing: Survey Evidence from the Pandemic
SAFE Working Paper No. 307
Law and Finance SAFE Working Paper2021Belief updating, confirmatory biases, endogenous informa- tion acquisition, media polarization, source dependence, COVID-19
Stephanie Collet, Caroline FohlinFrom Liberalism to Fascism and Back Again: Law, Politics and the Evolution of Corporate Governance in Germany (1850-1950)
The Emergence of Corporate Governance - People, Power and Performance (Routledge Taylor & Francis Group)
Law and Finance, Data Center Published Paper2021
Ferdinand von SiemensMotivated Beliefs and the Elderly’s Compliance with COVID-19 Measures
SAFE Working Paper No. 299
Law and Finance, Experiment Center SAFE Working Paper2021motivated beliefs; compliance behavior; age; health; COVID-19
Thomas HuertasPlug the gap: Make resolution ready for corona
White Paper No. 73
Law and Finance Policy Paper2020Resolution, Covid-19, Banking Crisis
Philipp Lamprecht, Alfons J. WeichenriederDer Verlustrücktrag als Mittel der Konjunkturpolitik – Ausweitung des Verlustrücktrags auch auf die Gewerbesteuer erforderlich
White Paper No. 71
Law and Finance Policy Paper2020Verlustrücktrag, Corona-Steuerhilfegesetz, Gewerbesteuer, Konjunkturpolitik
Moritz Schularick, Sascha Steffen, Tobias TrögerBank capital and the European recovery from the COVID-19 crisis
White Paper No. 69
Law and Finance, Macro Finance Policy Paper2020bank capital, financial stablity, COVID-19
Matej Avbelj, Antonia Baraggia, Jürgen Bast, Bojan Bugarič, Emanuel Castellarin, Francesco Costamagna, Anuscheh Faraha, Matthias Goldmann, Anna-Katharina Mangold, Mario Savino, Alexander Thiele, Annamaria ViterboThe Case for Corona Bonds
Policy Letter No. 82
Law and Finance Policy Paper2020Corona Bonds, Coronavirus
Ester Faia, Maximilian Mayer, Vincenzo PezoneThe Value of Firm Networks: A Natural Experiment on Board Connections
SAFE Working Paper No. 269
Law and Finance SAFE Working Paper2020
Katja LangenbucherInterdisziplinäre Forschung im Unternehmensrecht – Auf dem Weg zu einer Cognitive Corporate Governance?
Zeitschrift für Unternehmens- und Gesellschaftsrecht
Law and Finance Published Paper2019
Martin GötzFinancing Conditions and Toxic Emissions
SAFE Working Paper No. 254
Law and Finance SAFE Working Paper2019
Tobias Tröger, Uwe WalzDoes Say on Pay Matter? Evidence from Germany
European Company and Financial Law Review
Law and Finance, Transparency Lab Published Paper2019Say-on-pay, corporate governance, management compensation
Tim Eisert, Christian EufingerInterbank Networks and Backdoor Bailouts: Benefiting from Other Banks’ Government Guarantees
Management Science
Law and Finance, Systemic Risk Lab Published Paper2019bailout, cycle flows, cyclical liabilities, interbank network, leverage
Martin GötzFinancial Constraints and Corporate Environmental Responsibility
SAFE Working Paper No. 241
Law and Finance SAFE Working Paper2019
Julia Hirsch, Uwe WalzThe Financing Dynamics of Newly Founded Firms
Journal of Banking and Finance
Law and Finance Published Paper2019financing decisions, life-cycle, firm growth, newly founded firms
Nicoletta Berardi, Marie Lalanne, Paul SeabrightProfessional Networks and their Coevolution with Executive Careers: Evidence from Europe and North America
SAFE Working Paper No. 243
Law and Finance SAFE Working Paper2019
Florian Hoffmann, Roman Inderst, Marcus OppOnly Time will Tell: A Theory of Deferred Compensation
SAFE Working Paper No. 218
Law and Finance SAFE Working Paper2018Compensation design, duration of pay, moral hazard, persistence, principal- agent models, informativeness principle
Domenico Rocco Cambrea, Stefano Colonnello, Giuliano Curatola, Giulia FantiniCEO Investment of Deferred Compensation Plans and Firm Performance
Journal of Business Finance & Accounting
Law and Finance Published Paper2019Inside Debt, Executive Compensation, Corporate Distress
Yangming Bao, Martin GötzLocal Peer Effects and Corporate Investment
SAFE Working Paper No. 220
Law and Finance SAFE Working Paper2018Investments, Peer Firm Effects, Agglomeration, Corporate Income Tax
Fabian OchsenfeldThe Relational Nature of Employment Dualization: Evidence from Subcontracting Establishments
European Sociological Review
Law and Finance Published Paper2018
Nikolaus Fink, Philipp Schmidt-Dengler, Konrad Stahl, Christine ZulehnerRegistered Cartels in Austria: An Overview
European Journal of Law and Economics
Law and Finance Published Paper2017Collusion, Cartels, Legal cartels, Contracts
Helmut Elsinger, Philipp Schmidt-Dengler, Christine ZulehnerCompetition in Treasury Auctions
American Economic Journal: Microeconomics
Law and Finance Published Paper2019treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format
Tobias TrögerGermany's Reluctance to Regulate Related Party Transactions
SAFE Working Paper No. 202
Law and Finance SAFE Working Paper2018related party transactions, Germany Inc., industrial organization, tunneling, private benefits of control, capital maintenance, group law
Tobias TrögerRegulation of Crowdfunding in Germany
SAFE Working Paper No. 199
Law and Finance SAFE Working Paper2018crowdfunding, crowdsponsoring, crowdlending, crowdinvesting, contract law, conflict of laws, banking regulation, securities regulation
Markus GanglLohnbildung und Lohnverteilung
Arbeitsmarktsoziologie: Probleme, Theorien, empirische Befunde (Springer)
Law and Finance Published Paper2018
Luca Enriques, Tobias TrögerThe Law and Finance of Related Party Transactions
Cambridge University Press
Law and Finance Published Paper2019
Vincenzo PezoneThe Real Effects of Judicial Enforcement
SAFE Working Paper No. 192
Law and Finance SAFE Working Paper2018
Julia Hirsch, Uwe WalzFinancial Constraints, Newly Founded Firms and the Financial Crisis
SAFE Working Paper No. 191
Law and Finance SAFE Working Paper2017financial constraints, financial crisis, financing decisions, investment decisions, newly founded firms
Katja Langenbucher, Lara Milione, Andreas Roth, Tobias TrögerEU Mapping 2017: Systematic Overview on Economic and Financial Legislation
White Paper No. 49
Law and Finance Policy Paper2017EU economic and financial services legislation
Stefano Colonnello, Giuliano Curatola, Ngoc Giang HoangDirect and Indirect Risk-Taking Incentives of Inside Debt
Journal of Corporate Finance
Law and Finance Published Paper2017Inside Debt, Credit Spreads, Risk-Taking
Guido Friebel, Marie Lalanne, Bernard Richter, Peter Schwardmann, Paul SeabrightWomen Form Social Networks More Selectively and Less Opportunistically Than Men
SAFE Working Paper No. 168
Law and Finance, Transparency Lab SAFE Working Paper2017Social Networks, Gender Differences, Trust Game
Rainer Haselmann, David Schoenherr, Vikrant VigRent-Seeking in Elite Networks
Journal of Political Economy
Financial Intermediation, Law and Finance Published Paper2018-
Tobin HanspalThe Effect of Personal Financing Disruptions on Entrepreneurship
SAFE Working Paper No. 161
Law and Finance, Household Finance SAFE Working Paper2016Entrepreneurship; Small business; Personal finance; Financial crisis; Bank defaults
Domenico Rocco Cambrea, Stefano Colonnello, Giuliano Curatola, Giulia FantiniCEO Investment of Deferred Compensation Plans and Firm Performance
SAFE Working Paper No. 160
Law and Finance SAFE Working Paper2016Inside Debt, Executive Compensation, Corporate Distress
Brigitte Haar"Comply or Explain" im Spannungsfeld von Law and Finance
100 Jahre Rechtswissenschaft in Frankfurt (Vittorio Klostermann)
Law and Finance Published Paper2014
Brigitte HaarShareholder Wealth vs. Stakeholder interests? Evidence from Code Compliance under the German Corporate Governance Code
SAFE Working Paper No. 154
Law and Finance SAFE Working Paper2016corporate governance codes, soft law, stakeholder, shareholder wealth, market enforcement, German corporate governance, supervisory board, incentive pay, severance pay caps, age limits
Julia Hirsch, Uwe WalzThe Financing Dynamics of Newly Founded Firms
SAFE Working Paper No. 153
Law and Finance SAFE Working Paper2016financing decisions, life-cycle, firm growth, newly founded firms
Sascha Baghestanian, Paul Gortner, Baptiste MassenotCompensation Schemes, Liquidity Provision, and Asset Prices: An Experimental Analysis
Experimental Economics
Law and Finance, Experiment Center Published Paper2017compensation, liquidity, experimental asset markets, bubbles
Christian Eufinger, Andrej GillIncentive-Based Capital Requirements
Management Science
Law and Finance, Transparency Lab, Experiment Center Published Paper2017Basel III, capital regulation, compensation, leverage, risk
Brigitte HaarFreedom of Contract and Financial Stability Through the Lens of the Legal Theory of Finance
SAFE Working Paper No. 141
Law and Finance SAFE Working Paper2016law and finance, financial stability, financial contracts, structured finance, asset-backed securities, pari passu clauses, collective action clauses, otc derivatives markets, central counter parties, Basel III, Coco bonds, trust law, China
Günter Franke, Thomas Mosk, Eberhard SchnebelFair Retail Banking: How to Prevent Mis-Selling by Banks
White Paper No. 39
Law and Finance Policy Paper2016Retail Banking, Mis-selling, MiFID II
Emanuel Bayer, Bernd Skiera, Kapil TuliDo Disclosures of Customer Metrics Lower Investors’ and Analysts’ Uncertainty, But Hurt Firm Performance?
Journal of Marketing Research
Law and Finance Published Paper2017disclosure, customer metrics, accounting, financial reporting, marketing–finance interface
Brigitte HaarFreedom of Contract and Financial Stability
European Business Organization Law Review
Law and Finance, Systemic Risk Lab Published Paper2016
Douglas Cumming, Jochen Christian Werth, Yelin ZhangGovernance in Entrepreneurial Ecosystems: Venture Capitalists vs. Technology Parks
SAFE Working Paper No. 135
Law and Finance SAFE Working Paper2016Entrepreneurship, Entrepreneurial Finance, Governance, Technology Park, Incubator, Board of Directors, Venture Capital, Angel
Brigitte HaarInvestor Protection Through Model Case Procedures – Implementing Collective Goals and Individual Rights Under the 2012 Amendment to the German Capital Markets Model Case Act (KapMuG)
European Business Organization Law Review
Law and Finance Published Paper2014collective litigation, investor protection, test cases, German Capital Markets Model Case Act (KapMuG)
Markus Kröll, Devesh RustagiReputation, Honesty, and Cheating in Informal Milk Markets in India
SAFE Working Paper No. 134
Law and Finance, Experiment Center SAFE Working Paper2016Motivation for honesty, asymmetric information, cheating, informal markets, die game, milk, India
Markus Behn, Rainer Haselmann, Thomas Kick, Vikrant VigThe Political Economy of Bank Bailouts
SAFE Working Paper No. 133
Financial Intermediation, Law and Finance SAFE Working Paper2016political economy, bailouts, state-owned enterprises, elections
Rainer Haselmann, David Schoenherr, Vikrant VigRent-Seeking in Elite Networks
SAFE Working Paper No. 132
Financial Intermediation, Law and Finance SAFE Working Paper2016-
Andrej Gill, Nikolai VisnjicPerformance Benefits of Tight Control
The Journal of Private Equity
Law and Finance, Transparency Lab, Experiment Center Published Paper2015private equity, leveraged buyouts, active shareholders, ownership concentration, corporate governance
Helmut Elsinger, Philipp Schmidt-Dengler, Christine ZulehnerCompetition in Treasury Auctions
SAFE Working Paper No. 127
Law and Finance SAFE Working Paper2016treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format
Tobias Tröger, Uwe WalzDoes Say on Pay Matter? Evidence from Germany
SAFE Working Paper No. 125
Law and Finance, Transparency Lab SAFE Working Paper2016Say-on-pay, corporate governance, management compensation
Marie Lalanne, Paul SeabrightThe Old Boy Network: The Impact of Professional Networks on Remuneration in Top Executive Jobs
SAFE Working Paper No. 123
Law and Finance SAFE Working Paper2016professional networks, gender wage gap, executive compensation, placebo technique
Douglas Cumming, Uwe Walz, Jochen Christian WerthEntrepreneurial Spawning: Experience, Education, and Exit
SAFE Working Paper No. 122
Law and Finance SAFE Working Paper2016Venture governance, entrepreneurship, entrepreneurial spawning, angel finance, venture capital, exit
Douglas Cumming, Uwe Walz, Jochen Christian WerthEntrepreneurial Spawning: Experience, Education, and Exit
Financial Review
Law and Finance Published Paper2016Venture governance, entrepreneurship, entrepreneurial spawning, angel finance, venture capital, exit
Matthias Heinz, Heiner SchumacherSignaling Cooperation
SAFE Working Paper No. 120
Law and Finance SAFE Working Paper2015Signaling, Public Goods, Labor Markets, Extracurricular Activities
Andrea Weber, Moritz Christian Weber, Andrea Weber, Christine ZulehnerCompetition and Gender Prejudice: Are Discriminatory Employers Doomed to Fail?
Journal of the European Economic Association
Law and Finance Published Paper2014
Klaus Gugler, Michael Weichselbaumer, Christine ZulehnerCompetition in the Economic Crisis: Analysis of Procurement Auctions
European Economic Review
Law and Finance Published Paper2015Construction procurement, First-price auctions, Private values, Economic crisis, Government stimulus
Helmut Mahringer, Christine ZulehnerChild-Care Costs and Mothers’ Employment Rates: An Empirical Analysis for Austria
Review of Economics of the Household
Law and Finance Published Paper2013Child-care, Labour supply, Bivariate sample selection, Matched survey and administrative data
René Böheim, Klemens Himpele, Helmut Mahringer, Christine ZulehnerThe Distribution of the Gender Pay Gap in Austria: Evidence from Matched Employer-Employee Data and Tax Records
Journal for Labour Market Research
Law and Finance Published Paper2013gender wage differentials, quantile regressions, decomposition, matched employer-employee data
René Böheim, Klemens Himpele, Helmut Mahringer, Christine ZulehnerThe Gender Wage Gap in Austria: Eppur si muove!
Empirica
Law and Finance Published Paper2013Gender wage differentials, Wage inequality, Decomposition, Matched employer-employee data
Tobias TrögerCorporate Groups – A German’s European Perspective
German and Nordic Perspectives on Company Law and Capital Markets Law (Mohr Siebeck)
Law and Finance Published Paper2015Corporate Groups, Related Party Transactions, Tunneling, Corporate Governance, E.U. Corporate Law, Shareholder Rights Directive, Group Interesterest, Minority Shareholder Protection, Creditor Protection
Marcel Grupp, Christian Rauch, Marc Umber, Uwe WalzThe Influence of Leveraged Buyouts on Target Firms’ Competitors
SAFE Working Paper No. 99
Law and Finance SAFE Working Paper2015Product Market Competition, Peers, LBOs, Restructuring
Marcel GruppTaking the Lead: When Non-Banks Arrange Syndicated Loans
SAFE Working Paper No. 100
Law and Finance SAFE Working Paper2015Non-bank lead arrangers, syndicated loans, spread premium
Guido Friebel, Matthias HeinzMedia Slant Against Foreign Owners: Downsizing
Journal of Public Economics
Law and Finance Published Paper2014Media economics, Globalization, Economic xenophobia, Multi-national enterprises, Foreign direct investment
Daniel Powell, Marc Steffen RappNon-Mandatory Say on Pay Votes and AGM Participation: Evidence from Germany
SAFE Working Paper No. 107
Law and Finance SAFE Working Paper2015Corporate Governance, Executive Remuneration, Say on Pay, Annual General Meeting, Germany
Sascha Baghestanian, Paul Gortner, Baptiste MassenotCompensation Schemes, Liquidity Provision, and Asset Prices: An Experimental Analysis
SAFE Working Paper No. 108
Law and Finance, Experiment Center SAFE Working Paper2015compensation, liquidity, experimental asset markets, bubbles
Tobias TrögerNegative Zinsen auf Einlagen – Juristische Hindernisse und ihre wettbewerbspolitischen Auswirkungen
Policy Letter No. 40
Law and Finance Policy Paper2015Niedrigzinsumfeld, Einlageverträge, negativer Zins
Helmut SiekmannZur Offenlegung der Bezüge von Sparkassenführungskräften im Internet
White Paper No. 12
Law and Finance Policy Paper2014Bezüge im Bankensektor, Transparenz, Corporate Governance
Marcel Gellings, Kai Jungbluth, Katja LangenbucherEU Mapping: Systematic Overview on Economic and Financial Legislation
White Paper No. 18
Law and Finance Policy Paper2014EU economic and financial services legislation
Tobias TrögerCorporate Groups
SAFE Working Paper No. 66
Law and Finance SAFE Working Paper2014Corporate Groups, Related Party Transactions, Tunneling, Corporate Governance, E.U. Corporate Law, Shareholder Rights Directive, Group Interest, Minority Shareholder Protection, Creditor Protection
Helmut Siekmann, Patrick TuschlConstitutional Ruling on Court of Auditors’ Review of Banks
Policy Letter No. 01, 2012
Law and Finance Policy Paper2012fiscal responsibility, control by Court of Auditors
Hans-Joachim Böcking, Marius Gros, Daniel WorretStellungnahme zu aktuellen Formulierungsvorschlägen für Änderungen am Deutschen Corporate Governance Kodex
Policy Letter No. 5
Law and Finance Policy Paper2013Deutscher Corporate Governance Kodex, Financial Expert, Prüfungsausschuss, Vorstandsvergütung, Aufsichtsratsvergütung
Jan Pieter Krahnen, Thomas MayerManagementvergütung im Bankensektor
Policy Letter No. 4
Law and Finance Policy Paper2013Boni, Bail-in Anleihen, Liikanen-Kommission
Theodor BaumsDie gerichtliche Kontrolle von Beschlüssen der Gläubigerversammlung
White Paper No. 7, 2008
Law and Finance Policy Paper2008Gläubigerversammlung
Theodor BaumsZur monistischen Verfassung der deutschen Aktiengesellschaft. Überlegungen de lege ferenda
White Paper No. 6, 2008
Law and Finance Policy Paper2008Corporate Governance, Unternehmensverfassung
Theodor Baums, Florian DrinhausenZur Anfechtung von Hauptversammlungsbeschlüssen - rechtspolitische Vorschläge
White Paper No. 5, 2008
Law and Finance Policy Paper2008Anfechtungsklage
Jan Pieter KrahnenStellungnahme zum Referentenentwurf "Risikobegrenzungsgesetz"
White Paper No. 2, 2008
Law and Finance Policy Paper2008Corporate Governance, Finanzinnovationen
Theodor BaumsEuropäische Modellgesetze im Gesellschaftsrecht
White Paper No. 1, 2008
Law and Finance Policy Paper2008Modellgesellschaftsgesetze
Theodor BaumsZur Deregulierung des Depotstimmrechts
White Paper No. 2, 2007
Law and Finance Policy Paper2007Depotstimmrecht
Theodor BaumsThe Law of Corporate Finance in Europe - an Essay
White Paper No. 1, 2007
Law and Finance Policy Paper2007corporate finance
Hans-Joachim Böcking, Marius Gros, Daniel WorretCommentary on ESMA Guidelines on Enforcement of Financial Information
Policy Letter No. 15
Law and Finance Policy Paper2013Enforcement, ESMA, financial reporting quality, restatements
Theodor Baums, Roland SchmidtbleicherNeues Schuldverschreibungsrecht und Altanleihen
White Paper No. 01, 2012
Law and Finance Policy Paper2012Collective Action Clauses, Anleihen, Umstrukturierung
Hans-Joachim Böcking, Marius Gros, Christoph Wallek, Daniel WorretDas Grünbuch der EU-Kommission „Weiteres Vorgehen im Bereich der Abschlussprüfung: Lehren aus der Krise“ – Eine Auswertung der Stellungnahmen des Konsultationsprozesses
White Paper No. 12, 2011
Law and Finance Policy Paper2011Abschlussprüfung, Finanzkrise, EU Grünbuch, Konsultationsprozess
Hans-Joachim Böcking, Marius Gros, Christoph Wallek, Daniel WorretAnalysis of the EU Consultation on the Green Paper “Audit Policy: Lessons from the Crisis”
White Paper No. 11, 2011
Law and Finance Policy Paper2011Audit Policy, Financial Crisis, EU Green Paper, Consultation Process
Theodor Baums, Florian Drinhausen, Astrid KeinathAnfechtungsklagen und Freigabeverfahren. Eine empirische Studie
White Paper No. 10, 2011
Law and Finance Policy Paper2011Aktionärsrechte, Berufskläger, Anlegerschutz
Hans-Joachim Böcking, Marius GrosComment on the European Commission's Green Paper "Audit Policy: Lessons from the Crisis"
Policy Letter No. 16, 2010
Law and Finance Policy Paper2010audit quality, expectation gap, regulation
Theodor BaumsUnternehmen und Ethik
Policy Letter No. 13, 2010
Law and Finance Policy Paper2010Rechtsnormen, ethische Normen, Wirtschaftsverfassung
Theodor BaumsReport of the Reflection Group on the Future of EU Company Law
White Paper No. 5, 2011
Law and Finance Policy Paper2011EU-harmonization, corporate governance, regulation, cross-border mobility
Theodor BaumsLow Balling, Creeping In und deutsches Übernahmerecht
White Paper No. 24, 2010
Law and Finance Policy Paper2010feindliche Übernahme, Hauptversammlungsmehrheit, Meldepflichten
Theodor BaumsManagerhaftung und Verjährungsfrist
White Paper No. 17, 2010
Law and Finance Policy Paper2010Organhaftungsregeln, Verjährungsfristen
Theodor BaumsRisiko und Risikosteuerung im Aktienrecht
White Paper No. 9, 2010
Law and Finance Policy Paper2010Risikomanagement, Vorstandspflichten
Theodor BaumsDie Unabhängigkeit des Vergütungsberaters
White Paper No. 1, 2010
Law and Finance Policy Paper2010Corporate Governance-Kodex, Vergütungsberater
Gregor Bachmann, Theodor Baums, Mathias Habersack, Martin Henssler, Marcus Lutter, Hartmut Oetker, Peter UlmerEntwurf einer Regelung zur Mitbestimmungsvereinbarung und zur Größe des mitbestimmten Aufsichtsrats
White Paper No. 3, 2009
Law and Finance Policy Paper2009Mitbestimmungsrecht
Theodor BaumsAnschleichen an Übernahmeziele mittels Cash Settled Equity Derivaten - ein Regelungsvorschlag
White Paper No. 1, 2009
Law and Finance Policy Paper2009Unternehmensübernahmen, Equity Swaps
Hans-Joachim Böcking, Marius GrosComment on the European Commission's Green Paper "The EU Corporate Governance Framework"
Policy Letter No. 9, 2011
Law and Finance Policy Paper2011corporate governance, supervisory board, shareholder activism
Hans-Joachim Böcking, Marius GrosStellungnahme zu den vom Deutschen Standardisierungsrat vorgeschlagenen Änderungen der Anforderungen an die Konzernlageberichterstattung
Policy Letter No. 09, 2012
Law and Finance Policy Paper2012Chancen- und Risikoberichterstattung, Strategieberichterstattung, Management Commentary
Hans-Joachim Böcking, Marius GrosStellungnahme zu den DCGK-Aenderungsvorschlaegen der Regierungskommission Deutscher Corporate Governance Kodex
Policy Letter No. 06, 2012
Law and Finance Policy Paper2012Deutscher Corporate Governance Kodex, Prüfungsausschuss, Aufsichtsratsvergütung
Tim Eisert, Christian EufingerInterbank Network and Bank Bailouts: Insurance Mechanism for Non-Insured Creditors?
SAFE Working Paper No. 10
Law and Finance, Systemic Risk Lab SAFE Working Paper2013bailout, cycle flows, cyclical liabilities, interbank network, leverage
Christian Eufinger, Andrej GillIncentive-Based Capital Requirements
SAFE Working Paper No. 9
Law and Finance, Transparency Lab, Experiment Center SAFE Working Paper2013Basel III, capital regulation, compensation, leverage, risk
Andrej Gill, Nikolai VisnjicInsight Private Equity
SAFE Working Paper No. 23
Law and Finance, Transparency Lab, Experiment Center SAFE Working Paper2013private equity, leveraged buyouts, active shareholders, corporate restructuring, operational performance
Andrej Gill, Nikolai VisnjicPerformance Benefits of Tight Control
SAFE Working Paper No. 24
Law and Finance, Transparency Lab, Experiment Center SAFE Working Paper2013private equity, leveraged buyouts, active shareholders, ownership concentration, corporate governance
Stefano Colonnello, Giuliano Curatola, Ngoc Giang HoangDirect and Indirect Risk-Taking Incentives of Inside Debt
SAFE Working Paper No. 60
Law and Finance SAFE Working Paper2014Compensation Structure, Credit Spread, Risk-Taking, Inside Debt, Business Cycle
Daniel HerboldA Repeated Principal-Agent Model with On-the-Job Search
SAFE Working Paper No. 64
Law and Finance SAFE Working Paper2014Repeated Principal-Agent Model, On-the-Job Search, Moral Hazard, Multitasking, Efficiency Wages
Katja LangenbucherLegal Aspects of Gender Balance on Corporate Boards in Germany
White Paper No. 2
Law and Finance Policy Paper2013German corporate governance codex, gender equality, German constitutional law
Helmut SiekmannMissachtung rechtlicher Vorgaben des AEUV durch die Mitgliedstaaten und die EZB in der Schuldenkrise
White Paper No. 15, 2012
Law and Finance Policy Paper2012Bankenkrise, Staatsschuldenkrise, EFSF, ESM, Fiskalpakt
Helmut SiekmannDie Legende von der verfassungsrechtlichen Sonderstellung des „anonymen“ Kapitaleigentums
White Paper No. 12, 2012
Law and Finance Policy Paper2012Geldeigentum, Anteilseigentum, Gesellschaftsrecht, Verfassungsrecht
Theodor BaumsFrüher war nicht alles besser
Press Article No. 04, 2012
Law and Finance Policy Paper2012

Forschungsprojekte

KategorieProjektForscher/innenProjektdauerKeywordsProjekt IDPublication Count
Financial Markets, Experiment Center

Strategic Self-Deception in Repeated Interaction

David Poensgen20222323021
Financial Intermediation, Law and Finance, Financial Markets

From Machine Learning to Machine Teaching – Making Machines AND Humans Smarter (ML2MT)

Hendrik Drachsler, Oliver Hinz, Kristian Kersting, Loriana Pelizzon, Gernot Rohde, Yee Lee Shing, Tobias Tröger20221781011
Financial Markets

Mainstreaming Transparent Assessment of Energy Efficiency in ESG Ratings (TranspArEEnS)

Luca Bertalot, Monica Billio, Stefano Colonnello, Michele Costola, Aoife Fitzpatrick, Carmelo Latino, Loriana Pelizzon20211381061
Financial Markets

The Transferability of Price Patterns in Fragmented Equity Markets

Tino Cestonaro, Jonas De Paolis, Peter Gomber2021Market microstructure; Deep learning; Limit order book; Price formation; High- frequency data; Financial machine learning1
Financial Markets

Safe Asset Shortage and Collateral Re-Use

Emanuel Moench, Michael Schneider2021safe assets, government bonds, collateral re-use, rehypothecation, repo market, securities lending1
Financial Markets, Experiment Center

(Tho)roughly Explained: The Impact of Algorithmic Transparency on Beliefs and Human Decision Making

Kevin Bauer20202323011
Financial Markets

Market Impact of Government Communication: The Case of Presidential Tweets

Farshid Abdi, Mila Getmansky Sherman, Emily Kormanyos, Loriana Pelizzon, Zorka Simon20201
Financial Markets

Securities Lending and Quantitative Easing

Virginia Gianinazzi, Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio2020Quantitative Easing, Security Lending Facility, Repo Market1331031
Financial Markets

Risk Pricing & Trading

Matteo Bagnara, Nicole Branger, Mariano Massimiliano Croce, Robert F. Dittmar, Holger Kraft, Satchit Sagade, Christian Schlag, Ivan Shaliastovich, Julian Thimme, Rüdiger Weber2020Market microstructure, asset pricing, macrofinance, sustainable finance, Green bonds, ETF, systemic risk, intermediary asset pricing1331011
Financial Markets

ESG Factors and Climate Change for Credit Analysis and Rating

Monica Billio, Nuno Cassola, Vittoria Cerasi, Michele Costola, Enrica De Cian, Iva Hristova, Carmelo Latino, Matteo Manera, Irene Monasterolo, Claudio Morana, Loriana Pelizzon20191381011
Financial Markets

Algorithmic Discrimination

Benjamin M. Abdel-Karim, Oliver Hinz, Nicolas Winfried Pfeuffer2019Algorithmic ,discrimination, data mining214301
Financial Markets, Systemic Risk Lab

EMIR and MIFID II Regulatory Reform

Mila Getmansky Sherman, Xu Liu, Loriana Pelizzon, Martin Scheicher, Zorka Simon, Haoxiang Zhu2019OTC market, Interest rate swaps, CCP, sovereign bond market225251
Financial Markets

Internalization in a Post-MiFID 2 World

Satchit Sagade, Erik Theissen, Christian Westheide2019Internalization; Liquidity; Price Efficiency; Cream-Skimming; MiFID 2; Best Execution; High-Frequency Trading214281
Financial Markets, Experiment Center

Experimental Asset Markets - Price Formation in the Presence of Ambiguity

Wenhui Li, Peter Ockenfels, Christian Wilde2019Experimental asset markets, information transmission, price formation, ambiguity1331021
Financial Markets

A New Look at Market Volatility and Market Risk Premia

Constantin Hanenberg, Christian Schlag, Ivan Shaliastovich, Amir Yaron2019Idiosyncratic market risk, expected returns, option prices, present-value model214271
Financial Markets

Fee-Based Competition between Trading Venues

Benjamin Clapham, Peter Gomber, Olga Klein, Jens Lausen, Sven Panz, Satchit Sagade, Christian Westheide, Christian Wilde2018216201
Financial Markets

Pricing Sin Stocks: Ethical Preference vs. Risk Aversion

Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré2018Asset Pricing, General Equilibrium, Sin Stocks, ethical preferences214291
Financial Markets

The FOMC Risk Shift

Nan Hu, Tim Alexander Kroencke, Maik Schmeling, Andreas Schrimpf2018214261
Financial Markets

Information in Option Prices

Milad Goodarzi, Christian Schlag, Rüdiger Weber2018Option prices, information, equilbirium model, preferences214251
Financial Markets

MiFID II: A First Empirical Evaluation of its Effects on Equity Markets

Peter Gomber, Thomas Johann, Jan Pieter Krahnen, Francesco Poli, Satchit Sagade, Erik Theissen, Christian Westheide2018216201
Financial Markets

Optimism, Pessimism, Disagreement and Stock Returns

Giuliano Curatola, Ilya Dergunov, Christian Schlag2018eneral equilibrium; preference interdependence; international capital markets; portfolios.214231
Financial Markets, Systemic Risk Lab, Data Center

Digging into High Frequency Data: Present and Future Risks and Opportunities

Mario Bellia, Patrice Fontaine, Mila Getmansky Sherman, Terrence John Hendershott, Aleksey Kolokolov, Andrea Modena, Loriana Pelizzon, Francesco Poli, Satchit Sagade, Peter Sarlin, Michael Schneider, Jean-Pierre Zigrand2017225901
Household Finance, Financial Markets

Preference Heterogeneity, Non-Price-Taking Behavior and Asset Prices

Giuliano Curatola, Ilya Dergunov, Alessandro Gioffré, Roberto Panzica2017Networks, social interactions, asset prices 216501
Financial Markets

Competition-Enhancing Changes in Secondary Corporate Bonds

Satchit Sagade, Christian Westheide2017competition, corporate bond, liquidity216401
Financial Markets

The Informational Role of Inflation for Real Asset Prices

Ilya Dergunov, Christoph Meinerding, Christian Schlag2017Inflation, recursive preferences, filtering, equilibrium asset pricing214221
Financial Markets

The Dynamics of (De-)Listing Decisions – The Impact of Regulatory Changes and Economic Policy Events in Germany 1870-1933

Andrej Gill, Marius Liebald, Uwe Walz2017Corporate Governance, Going Public, Going Private, Historical Data, Regulation212251
Financial Markets

Evaluation of Bidding Groups in First-Price Auctions

Klaus Gugler, Michael Weichselbaumer, Christine Zulehner2016210041
Financial Markets

M&A(dvertising)

Alexander Hillert, Anja Kunzmann, Stefan Ruenzi2016mergers and acquisitions, advertising, investor attention, overvaluation, managerial opportunistic behavior211241
Financial Markets

Globalization and International Financial Markets

Craig Lewis, Jun E. Li, Christoph Meinerding, Nikolai Roussanov, Christian Schlag, Ivan Shaliastovich2016international trade networks; asset pricing;214201
Financial Markets

Climate Change, Business Cycle and Asset Prices

Michael Donadelli, Patrick Grüning, Renatas Kizys, Max Riedel, Christian Schlag2016219201
Financial Markets

Exchange Systems and International Comovement of Return and Liquidity

Ryan Riordan, Satchit Sagade, Christian Westheide2016Stock exchange systems, non-fundamental comovement, market integration, excess comovement, commonality, algorithmic trading219221
Financial Markets, Macro Finance

The Impact of QE Interventions on Sovereign Bond Market Microstructure

Zhiwu Hong, LinLin Niu, Loriana Pelizzon, Marti Subrahmanyam, Reiko Tobe, Davide Tomio, Jun Uno2016214801
Financial Markets, Macro Finance

Macroeconomic Asset Price Risks in the Presence of the Zero Lower Bound

Nicole Branger, Jun E. Li, Loriana Pelizzon, Christian Schlag, Ivan Shaliastovich, Dongho Song2016214801
Financial Markets, Macro Finance

QE, Foreigner Behavior and Market Fragility in the Indian NSE Electronic Equity Order Book Markets

Viral Acharya, Loriana Pelizzon2016214801
Financial Markets, Macro Finance

Signalling and Portfolio Balance Effects of QE Announcements on China’s Yield Curve

Mucai Lin, LinLin Niu2016214801
Financial Markets, Macro Finance

Quantitative Easing and Channels of Systemic Risk

Allan Davids, Co-Pierre Georg, Tina Koziol, Jesper Riedler2016214801
Financial Markets, Macro Finance

The Regulatory Debate Regarding Quantitative Easing and Systemic Risk

Vanessa Endrejat, Jan Pieter Krahnen, Matthias Max Nagel, Christian Resch, Matthias Thiemann2016214801
Financial Markets, Macro Finance

Private Short Term Funding and ECB Unconventional Monetary Policies

Viral Acharya, Diane Pierret, Sascha Steffen2016214801
Financial Markets, Macro Finance

Unconventional Monetary Policy, International Spillovers, and Systemic Risk

Co-Pierre Georg, Tina Koziol, Jesper Riedler2016214801
Financial Markets, Macro Finance

The topology of the South Africa interbank network

Co-Pierre Georg, Jan Pieter Krahnen2016214801
Financial Markets, Macro Finance

The Impact of Unconventional Monetary Policies on European Financial Markets

Massimiliano Caporin, Xu Liu, Loriana Pelizzon, Alberto Plazzi, Max Riedel2016214801
Financial Markets, Macro Finance, Systemic Risk Lab

Quantitative Easing and Financial (In)Stability

Marcel Bluhm, Co-Pierre Georg, Jan Pieter Krahnen, Jun E. Li, Xu Liu, Loriana Pelizzon, Mihaela-Simina Puscasu, Christian Schlag, Sascha Steffen, Marti Subrahmanyam, Matthias Thiemann, Jun Uno2016214801
Financial Intermediation, Financial Markets

The Impact of Introducing Intraday Auctions on LSE

Peter Gomber, Satchit Sagade, Stefan Scharnowski, Erik Theissen, Christian Westheide2016216201
Financial Markets, Macro Finance

Macroeconomic Bond Risks in the Presence of the Zero Lower Bound

Nicole Branger, Liu Liu, Christian Schlag, Ivan Shaliastovich, Dongho Song2016Macrofinance, bond pricing, market expectations, inflation, growth216301
Financial Markets, Systemic Risk Lab

Network Representations of Interconnections and Contagion

Nils Bertschinger, Aleksey Kolokolov, Roberto Panzica, Loriana Pelizzon, Zorka Simon, Tatiana von Landesberger2016216101
Household Finance, Financial Markets

Bequeathing Illiquid Assets across Generations in an Aging Society

Holger Kraft, Farina Weiss2016demographic change, overlapping generations, household finance, asset pricing, welfare, life cycle216601
Financial Markets, Systemic Risk Lab

Network Connectivity, Systemic and Systematic Risk

Monica Billio, Massimiliano Caporin, Aleksey Kolokolov, Roberto Panzica, Loriana Pelizzon, Zorka Simon2016216101
Financial Markets

The Role of Tick Size in Market Quality and in SME Financing

Alejandro Bernales, Richard Payne, Satchit Sagade, Christian Westheide, Christian Wilde2016216201
Financial Markets

Innovations in Secondary Markets and their Impact on Market Quality

Alejandro Bernales, Jasmin Gider, Peter Gomber, Martin Haferkorn, Satchit Sagade, Stefan Scharnowski, Simon N. M. Schmickler, Erik Theissen, Christian Westheide2016high frequency trading, competition, intermediation, order anticipation 216401
Household Finance, Financial Markets

Time-Varying Preferences and International Capital Markets

Giuliano Curatola, Ilya Dergunov2016Asset pricing, general equilibrium, heterogeneous agents, interdependent preferences, portfolio choice 216501
Financial Markets

Behavior of Designated Market Makers (DMMs) in Electronic Limit Order Markets and their Role in Enhancing Liquidity of SME Stocks

Monika Gehde-Trapp, Satchit Sagade, Erik Theissen, Christian Westheide2016216201
Financial Markets, Systemic Risk Lab

An Examination of the Strategic Behavior of High-Frequency Traders (HFTs)

Loriana Pelizzon, Ryan Riordan, Satchit Sagade, Marti Subrahmanyam, Jun Uno, Jan Viebig, Christian Westheide2016216201
Financial Markets, Systemic Risk Lab

The Impact of Unconventional Monetary Policies on European Financial Markets (T4)

Massimiliano Caporin, Loriana Pelizzon, Alberto Plazzi, Roberto Rigobon2016216301
Financial Markets, Systemic Risk Lab

The Impact of QE Interventions on Market Liquidity and Limits to Arbitrage

Loriana Pelizzon, Michael Schneider, Marti Subrahmanyam, Davide Tomio, Jun Uno, Clara Vega2016216301
Financial Markets, Experiment Center

Experimental Asset Markets – Regulation and Design of Fragmented Markets

Peter Ockenfels, Christian Wilde2016216201
Financial Intermediation, Law and Finance, Financial Markets, Macro Finance, Experiment Center

Capital Requirements and Financial Stability: Experimental Evidence

Paul Gortner, Baptiste Massenot2016216501
Financial Markets, Systemic Risk Lab

Network Connectivity and General Equilibrium Asset Prices

Nicole Branger, Patrick Konermann, Christoph Meinerding, Christian Schlag2016Asset pricing, general equilibrium, recursive preferences, dynamic networks, mutually exciting processes, directed shocks 216101
Financial Markets

Where Experience Matters: Asset Allocation and Asset Pricing with Opaque and Illiquid Assets

Adrian Buss, Raman Uppal, Grigory Vilkov2016216501
Financial Markets

Management of Market Risks: Regulation and Coordination of Volatility Interruptions in Europe

Benjamin Clapham, Peter Gomber, Jascha-Alexander Koch, Sven Panz2015Circuit Breaker, Volatility Interruption, Volatility, Liquidity, Market Design, Coordination, Market Fragmentation, Volume Migration214901
Financial Markets

Globally Dangerous Diseases: Bad News for Main Street, Good News for Wall Street?

Michael Donadelli, Renatas Kizys, Max Riedel20151
Financial Markets

Which Market Integration Measure?

Monica Billio, Michael Donadelli, Antonio Paradiso, Max Riedel20151
Financial Markets

Investment-Specific Shocks, Business Cycles and Asset Prices

Giuliano Curatola, Michael Donadelli, Patrick Grüning, Christoph Meinerding20151
Financial Markets, Systemic Risk Lab

Strategic Behavior of High Frequency Traders During the Market Pre-Opening Period

Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Jun Uno, Darya Yuferova2014High Frequency Traders, Order Submission, Order Cancellation, Pre-Opening, Price Discovery, Liquidity Provision121501

Aktuelles Forschungsteam

ForscherPosition
Bagnara, Matteo Junior Researcher
Billio, Monica External Researcher, SAFE Fellow
Branger, Nicole External Researcher, SAFE Fellow
Costola, Michele External Researcher, Research Affiliate
Curatola, Giuliano External Researcher, Research Affiliate
Donadelli, Michael External Researcher, Research Affiliate
Fitzpatrick, Aoife Junior Researcher
Gao, Can Advanced Researcher
Gomber, Peter External Researcher, SAFE Fellow
Hinz, Oliver Senior Researcher, SAFE Fellow
Jappelli, Ruggero Junior Researcher
Kraft, Holger External Researcher, SAFE Fellow
Krahnen, Jan Pieter Senior Researcher
Latino, Carmelo Junior Researcher
Maddaloni, Angela SAFE Fellow
Mücke, Christian Junior Researcher
Nam, Rachel Junior Researcher
Ockenfels, Peter Senior Researcher, SAFE Fellow
Pelizzon, Loriana Senior Researcher
Schlag, Christian Senior Researcher
Schmeling, Maik External Researcher, SAFE Fellow
Shaliastovich, Ivan External Researcher, SAFE Fellow
Simon, Zorka Advanced Researcher
Subrahmanyam, Marti External Researcher, SAFE Fellow
Theissen, Erik External Researcher, SAFE Fellow
Uno, Jun External Researcher, SAFE Fellow
Westheide, Christian External Researcher, Research Affiliate
Wilde, Christian External Researcher, Research Affiliate