Angelina Hackmann, Vincent R. Lindner, Loriana Pelizzon, Max Riedel | Vehicle identifiers: the key to jump-starting the European Green Auto ABS market?
White Paper No. 100
| Mar 2024 |
White Papers
|
Financial Markets
| 2024 | Securitisation, Car Loans, Sustainable Finance, Regulation |
Hackmann, Angelina
Lindner, Vincent R.
Pelizzon, Loriana
Riedel, Max
| 1709247600 | Policy Paper | |
Monica Billio, Aoife Fitzpatrick, Carmelo Latino, Loriana Pelizzon | Unpacking the ESG Ratings: Does One Size Fit All?
SAFE Working Paper No. 415
| Feb 2024 |
Working Papers
|
Financial Markets
| 2024 | |
Billio, Monica
Fitzpatrick, Aoife
Latino, Carmelo
Pelizzon, Loriana
| 1706742000 | SAFE Working Paper |
Doctoral Student,
Doctoral Student,
Professor,
|
Peter Andre, Teodora Boneva, Felix Chopra, Armin Falk | Misperceived Social Norms and Willingness to Act Against Climate Change
SAFE Working Paper No. 414
| Feb 2024 |
Working Papers
|
Household Finance,
| 2024 | |
Andre, Peter
Falk, Armin
Boneva, Teodora
Chopra, Felix
| 1706742000 | SAFE Working Paper | |
Ignazio Angeloni | The Next Goal: euro area banking integration
White Paper No. 99
| Feb 2024 |
White Papers
|
Financial Markets
| 2024 | Banking Union, Single Banking Market, Euro Area |
Angeloni, Ignazio
| 1706742000 | Policy Paper | |
Matthias Goldmann | United in Diversity? The Relationship between Monetary Policy and Banking Supervision in the Banking Union
European Constitutional Law Review ,
| Jun 2018 |
Research Publications
|
Financial Intermediation,
Macro Finance
| 2018 | Banking Union, Monetary Policy, Financial Stability, Single Supervisory Mechanism, Democratic Legitimacy |
Goldmann, Matthias
| 1527804000 | Published Paper | |
Mohamed Al Degwy, Edin Ibrocevic, Matthias Thiemann | Understanding the Shift from Micro to Macro-Prudential Thinking: A Discursive Network Analysis
Cambridge Journal of Economics
| Jul 2018 |
Research Publications
|
Macro Finance
| 2018 | Banking Regulation, Systemic Risk, Formalism, Equilibrium Thinking, Discourse, Citation Network Analysis |
Thiemann, Matthias
Ibrocevic, Edin
Al Degwy, Mohamed
| 1530396000 | Published Paper | |
Gabriele Camera, YiLi Chien | Two Monetary Models with Alternating Markets
Journal of Money, Credit and Banking
| Aug 2018 |
Research Publications
|
Macro Finance
| 2018 | cash-in-advance, matching, microfoundations, money, inflation |
Chien, YiLi
Camera, Gabriele
| 1533074400 | Published Paper | |
Wataru Kureishi, Hannah Paule-Paludkiewicz, Hitoshi Tsujiyama, Midori Wakabayashi | Time Preferences over the Life Cycle and Household Saving Puzzles
Journal of Monetary Economics
| Nov 2021 |
Research Publications
|
Household Finance
| 2021 | Time Preferences; Preference Stability; Age; Discount Rates |
Wakabayashi, Midori
Tsujiyama, Hitoshi
Paule-Paludkiewicz, Hannah
Kureishi, Wataru
| 1635721200 | Published Paper | |
Òscar Jordà, Alan M. Taylor | The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy
The Economic Journal
| Feb 2018 |
Research Publications
|
Macro Finance
| 2018 | fiscal multipliers, booms, slumps, output fluctuations, allocation bias, matching, Rubin Causal Model, average treatment effect, propensity score, inverse probability weighting, regression adjustment, local projection, identification |
Jordà, Òscar
Taylor, Alan M.
| 1517439600 | Published Paper | |
Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig, Irina Popova | The Long-Term Distributional and Welfare Effects of Covid-19 School Closures
The Economic Journal
| Jul 2022 |
Research Publications
|
Macro Finance
| 2022 | Covid-19, school closures, inequality, intergenerational persistence |
Fuchs-Schündeln, Nicola
Krueger, Dirk
Popova, Irina
Ludwig, Alexander
| 1656626400 | Published Paper | |
Giuliano Curatola, Ilya Dergunov | International Capital Markets with Interdependent Preferences: Theory and Empirical Evidence
Journal of Economic Behavior & Organization
| Aug 2023 |
Research Publications
|
Household Finance,
Financial Markets
| 2023 | Asset pricing, general equilibrium, heterogeneous agents, interdependent preferences, portfolio choice |
Curatola, Giuliano
Dergunov, Ilya
| 1690840800 | Published Paper | |
Reint Gropp, Thomas Mosk, Steven Ongena, Ines Simac, Carlo Wix | Supranational Rules, National Discretion: Increasing Versus Inflating Regulatory Bank Capital?
forthcoming in Journal of Financial and Quantitative Analysis
| Jan 2024 |
Research Publications
|
Financial Intermediation
| 2024 | |
Gropp, Reint
Mosk, Thomas
Wix, Carlo
Simac, Ines
Ongena, Steven
| 1704063600 | Published Paper | |
Jannic Cutura, Henning Hesse | Incentive Effects from Write-down CoCo Bonds: An Empirical Analysis
Journal of Financial Regulation
| Sep 2022 |
Research Publications
|
Macro Finance
| 2022 | CoCo bonds, contingent capital, endogenous risk, capital structure, incentives, monitoring |
Cutura, Jannic
Hesse, Henning
| 1661983200 | Published Paper | |
Katja Langenbucher | Änderungsbedarf: § 307 Abs. 3 BGB
Neue Zeitschrift für Gesellschaftsrecht
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Langenbucher, Katja
| 1672527600 | Published Paper |
Professor,
|
Katja Langenbucher | Diskriminierung bei der Vergabe von Verbraucherkrediten? Anmerkungen zu den Plänen des Europäischen Gesetzgebers
Zeitschrift für Bank und Kapitalmarktrecht
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Langenbucher, Katja
| 1672527600 | Published Paper |
Professor,
|
Monica Billio, Michele Costola, Iva Hristova, Carmelo Latino, Loriana Pelizzon | Sustainable Finance: A Journey Toward ESG and Climate Risk
International Review of Environmental and Resource Economics
| Jan 2024 |
Research Publications
|
Financial Markets
| 2024 | Environmental, social, and governance factors (ESG); credit risk; debt cost; equity cost; sovereign bonds; portfolio management |
Pelizzon, Loriana
Billio, Monica
Hristova, Iva
Latino, Carmelo
Costola, Michele
| 1704063600 | Published Paper |
Doctoral Student,
Professor,
|
Sebastian Steuer | Sale and Rent Back: Rekonstruktion einer Regulierungsarbitrage Zugleich Besprechung von BGHZ 235, 117 – Pfando
Juristen-Zeitung
| Oct 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Steuer, Sebastian
| 1696111200 | Published Paper | |
Sebastian Steuer | CO2-Kompensationen: “Quick Fix” durch Werbeverbot?
Recht, Automobil, Wirtschaft
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Steuer, Sebastian
| 1672527600 | Published Paper | |
Sebastian Steuer | Umweltkommunikation in der Automobilwirtschaft
Recht, Automobil, Wirtschaft
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Steuer, Sebastian
| 1672527600 | Published Paper | |
Sebastian Steuer | Der Vorschlag der Kommission für eine Green Claims-Richtlinie
Europäische Zeitschrift für Wirtschaftsrecht
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Steuer, Sebastian
| 1672527600 | Published Paper | |
Sebastian Steuer | Common Ownership und Corporate Governance
Wirtschaft und Wettbewerb
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Steuer, Sebastian
| 1672527600 | Published Paper | |
Sebastian Steuer | Klimaziele im Unternehmensrecht – Freiwillige Verlautbarungen und Perspektiven nach dem CSDDD-Entwurf
Zeitschrift für Wirtschaftsrecht
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Steuer, Sebastian
| 1672527600 | Published Paper | |
Tobias Tröger | Wie misst man die Nachhaltigkeit des Rechts? – Von der ökonomischen zur ökologischen Analyse des Rechts
forthcoming in Nachhaltigkeit im Spiegel des Rechts
| Jan 2024 |
Research Publications
|
Law and Finance
| 2024 | |
Tröger, Tobias
| 1704063600 | Published Paper |
Professor,
|
Tobias Tröger | Better Integration of Chemical Pollution Research will Further Our Understanding of Biodiversity Loss
Nature Ecology & Evolution
| Oct 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Tröger, Tobias
| 1696111200 | Published Paper |
Professor,
|
K. Valerie Carl, Oliver Hinz, Patrick Weber | Applications of Explainable Artificial Intelligence in Finance – A Systematic Review of Finance, Information Systems, and Computer Science Literature
forthcoming in Management Review Quarterly
| Jan 2024 |
Research Publications
|
Financial Markets
| 2024 | |
Weber, Patrick
Carl, K. Valerie
Hinz, Oliver
| 1704063600 | Published Paper |
Professor,
|
Ulrich Gnewuch, Oliver Hinz, Ralf Kellner, Stefan Morana, Alexander Mädche | More than a Bot? The Impact of Disclosing Human Involvement on Customer Interactions with Hybrid Service Agents
forthcoming in Information Systems Research
| Jan 2024 |
Research Publications
|
Financial Markets
| 2024 | |
Hinz, Oliver
Kellner, Ralf
Gnewuch, Ulrich
Mädche, Alexander
Morana, Stefan
| 1704063600 | Published Paper |
Professor,
|
Benjamin M. Abdel-Karim, Jörn Grahl, Oliver Hinz, Cristina Mihale-Wilson, Franz Rothlauf | How do Likes Influence Revenue? A Randomized Controlled Field Experiment
Journal of Business Research
| Nov 2023 |
Research Publications
|
Financial Markets
| 2023 | |
Grahl, Jörn
Hinz, Oliver
Rothlauf, Franz
Abdel-Karim, Benjamin M.
Mihale-Wilson, Cristina
| 1698793200 | Published Paper |
Professor,
|
Maximilian Beilner, Katja Langenbucher, Marie-Therèse Radetzk, Dominik Scheld, Jan Sehorz, Oscar Stolper, Philipp Tilk | Der Einsatz von „Digital Engagement Practices“ in der Vermögensanlage
Zeitschrift für Bankrecht und Bankwirtschaft
| Apr 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Langenbucher, Katja
Stolper, Oscar
Beilner, Maximilian
Scheld, Dominik
Sehorz, Jan
Radetzk, Marie-Therèse
Tilk, Philipp
| 1680300000 | Published Paper |
Professor,
|
Katja Langenbucher | Die Barkapitalerhöhung als Prinzipal-Agent-Konflikt
Zeitschrift für Bank- und Kapitalmarktrecht 205
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Langenbucher, Katja
| 1672527600 | Published Paper |
Professor,
|
Katja Langenbucher | Gruppendenken und Corporate Governance – illustriert am Beispiel des Wirecard Skandals
Juristen Zeitung
| Aug 2023 |
Research Publications
|
Law and Finance,
| 2023 | Group Think, Corporate Governance, Wirecard |
Langenbucher, Katja
| 1690840800 | Published Paper |
Professor,
|
Katja Langenbucher | Künstliche Intelligenz in der Leitungsentscheidung des Vorstands
Zeitschrift für das Gesamte Handels- und Wirtschaftsrecht
| Dec 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Langenbucher, Katja
| 1701385200 | Published Paper |
Professor,
|
Loriana Pelizzon, Max Riedel, Zorka Simon, Marti Subrahmanyam | Collateral Eligibility of Corporate Debt in the Eurosystem
forthcoming in Journal of Financial Economics
| Mar 2024 |
Research Publications
|
Financial Markets,
Macro Finance,
| 2024 | |
Pelizzon, Loriana
Simon, Zorka
Riedel, Max
Subrahmanyam, Marti
| 1709247600 | Published Paper |
Professor,
|
Kevin Bauer, Rebecca Heigl, Oliver Hinz, Michael Kosfeld | Feedback Loops in Machine Learning: A Study on the Interplay of Continuous Updating and Human Discrimination
forthcoming in Journal of the Association for Information System
| Jan 2024 |
Research Publications
|
Household Finance,
| 2024 | |
Heigl, Rebecca
Bauer, Kevin
Kosfeld, Michael
Hinz, Oliver
| 1704063600 | Published Paper |
Professor,
Professor,
|
Michael Kosfeld, Zahra Sharafi | The Preference Survey Module: Evidence on Social Preferences from Tehran
forthcoming in Journal of the Economic Science Association
| Jan 2024 |
Research Publications
|
Household Finance,
| 2024 | |
Sharafi, Zahra
Kosfeld, Michael
| 1704063600 | Published Paper |
Professor,
|
Errikos Melissinos | Real Term Premia in Consumption-Based Models
SAFE Working Paper No. 413
| Jan 2024 |
Working Papers
| | 2024 | term premia, consumption-based models, habit, long-run risk, limited arbitrage, high consumption volatility, recursive utility, solution methods |
Melissinos, Errikos
| 1704063600 | SAFE Working Paper |
Doctoral Student,
|
Max Grossmann, Andreas Hackethal, Marten Laudi, Thomas Pauls | Conform to the Norm. Peer Information and Sustainable Investments
SAFE Working Paper No. 412
| Dec 2023 |
Working Papers
|
Household Finance
| 2023 | |
Grossmann, Max
Hackethal, Andreas
Laudi, Marten
Pauls, Thomas
| 1701385200 | SAFE Working Paper |
Professor,
|
Peter Andre, Marc Kaufmann, Botond Köszegi | Understanding Markets with Socially Responsible Consumers
SAFE Working Paper No. 411
| Dec 2023 |
Working Papers
|
Household Finance,
| 2023 | |
Kaufmann, Marc
Andre, Peter
Köszegi, Botond
| 1701385200 | SAFE Working Paper | |
Carmelo Latino | Surfing the Green Wave: What’s in a “Green” Name Change?
SAFE Working Paper No. 410
| Dec 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Latino, Carmelo
| 1701385200 | SAFE Working Paper |
Doctoral Student,
|
Robert F. Dittmar, Christian Schlag, Julian Thimme | Non-Substitutable Consumption Growth Risk
SAFE Working Paper No. 408
| Dec 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Dittmar, Robert F.
Schlag, Christian
Thimme, Julian
| 1701385200 | SAFE Working Paper |
Professor,
|
Claes Bäckman, Natalia Khorunzhina | Interest-Only Mortgages and Consumption Growth: Evidence from a Mortgage Market Reform
forthcoming in International Economic Review
| Jan 2024 |
Research Publications
|
Macro Finance
| 2024 | |
Khorunzhina, Natalia
Bäckman, Claes
| 1704063600 | Published Paper | |
Reint Gropp, Andre Guettler | Hidden Gems and Borrowers with Dirty Little Secrets: Investment in Soft Information, Borrower Self-selection and Competition
Journal of Banking & Finance
| Feb 2018 |
Research Publications
|
Financial Intermediation,
| 2018 | soft information, discretionary lending, relationship lending, competition |
Gropp, Reint
Guettler, Andre
| 1517439600 | Published Paper | |
Douglas Cumming, Jochen Christian Werth, Yelin Zhang | Governance in Entrepreneurial Ecosystems: Venture Capitalists vs. Technology Parks
Small Business Economics
| Dec 2017 |
Research Publications
|
Law and Finance
| 2017 | Entrepreneurship, Entrepreneurial Finance, Governance, Technology Park, Incubator, Board of Directors, Venture Capital, Angel |
Zhang, Yelin
Cumming, Douglas
Werth, Jochen Christian
| 1512082800 | Published Paper | |
Florian Heider, Jonas Schlegel, Tobias Tröger, Mark Wahrenburg | Do "white knights" make excessive profits in bank resolution?
White Paper No. 98
| Nov 2023 |
White Papers
|
Financial Markets
| 2023 | Bank Resolution, Bank Acquisition, Auctions, "Event Study" |
Tröger, Tobias
Heider, Florian
Schlegel, Jonas
Wahrenburg, Mark
| 1698793200 | Policy Paper | |
Rainer Haselmann, Vikrant Vig | The Limits of Model-Based Regulation
| Jun 2022 |
Research Publications
|
Financial Intermediation
| 2022 | capital regulation, internal ratings, Basel regulation |
Vig, Vikrant
Haselmann, Rainer
| 1654034400 | Published Paper | |
Alessandro Di Nola, Leo Kaas, Haomin Wang | Rescue Policies for Small Businesses in the COVID-19 Recession
Review of Economic Dynamics
| Dec 2023 |
Research Publications
|
Macro Finance
| 2023 | |
Wang, Haomin
Kaas, Leo
Di Nola, Alessandro
| 1701385200 | Published Paper | |
Claes Bäckman, Tobin Hanspal | Participation and Losses in Multi-Level Marketing: Evidence from an FTC Settlement
Finance Planning Review
| Mar 2022 |
Research Publications
|
Household Finance
| 2022 | Intermediated work; Multi-level marketing; Gig-economy; Entrepreneurship; Con- sumer financial protection |
Bäckman, Claes
Hanspal, Tobin
| 1646089200 | Published Paper | |
Kevin Bauer, Oliver Hinz, Moritz von Zahn | Expl(AI)ned: The Impact of Explainable Artificial Intelligence on Users' Information Processing
Information Systems Research
| Dec 2023 |
Research Publications
|
Financial Intermediation,
| 2023 | XAI, explainable machine learning, Information Processing, Belief up-dating, algorithmic transparency |
von Zahn, Moritz
Bauer, Kevin
Hinz, Oliver
| 1701385200 | Published Paper |
Professor,
|
Markku Kaustia, Elias Rantapuska | Does Mood Affect Trading Behavior?
Journal of Financial Markets
| Jan 2016 |
Research Publications
|
Household Finance
| 2016 | mood, seasonal affective disorder (SAD), weather, trading behavior, stock market |
Kaustia, Markku
Rantapuska, Elias
| 1451602800 | Published Paper | |
Benjamin Born, Gernot J. Müller, Johannes Pfeifer | Does Austerity Pay Off?
The Review of Economics and Statistics
| May 2020 |
Research Publications
|
Macro Finance
| 2020 | Fiscal policy, austerity, sovereign risk, yield spreads, confidence, panel VAR, local projections, fiscal stress |
Müller, Gernot J.
Born, Benjamin
Pfeifer, Johannes
| 1588284000 | Published Paper | |
Giuliano Curatola | Debt Holder Monitoring and Implicit Guarantees: Did the BRRD Improve Market Discipline?
Journal of Financial Stability
| Jun 2021 |
Research Publications
|
Financial Intermediation
| 2021 | |
Curatola, Giuliano
| 1622498400 | Published Paper | |
Jens-Hinrich Binder | Banking Union and the Governance of Credit Institutions - A Legal Perspective
European Business Organization Law Review
| Oct 2015 |
Research Publications
|
Financial Intermediation,
Law and Finance
| 2015 | Banking Union, Single Supervisory Mechanism, Single Resolution Mechanism, Banking Regulation, Bank Corporate Governance |
Binder, Jens-Hinrich
| 1443650400 | Published Paper | |
Alperen Afşin Gözlügöl, Wolf-Georg Ringe | Net-Zero Transition and M&A Transactions of Carbon-Intensive Assets
UC Davis Law Review
| May 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Ringe, Wolf-Georg
Gözlügöl, Alperen Afşin
| 1682892000 | Published Paper | |
Claes Bäckman, Chandler Lutz | The Impact of Interest-Only Loans on Affordability
Regional Science and Urban Economics
| Jan 2020 |
Research Publications
|
Household Finance
| 2020 | |
Bäckman, Claes
Lutz, Chandler
| 1577833200 | Published Paper | |
Aljoscha Janssen, Johannes Kasinger | Obfuscation and Rational Inattention
forthcoming in The Journal of Industrial Economics
| Jan 2024 |
Research Publications
|
Financial Intermediation,
Financial Markets
| 2024 | Rational Inattention, Obfuscation, Price Competition, Digitalized Markets |
Kasinger, Johannes
Janssen, Aljoscha
| 1704063600 | Published Paper | |
Ilya Dergunov, Christoph Meinerding, Christian Schlag | Extreme Inflation and Time-Varying Expected Consumption Growth
Management Science
| May 2023 |
Research Publications
|
Financial Markets
| 2023 | |
Meinerding, Christoph
Dergunov, Ilya
Schlag, Christian
| 1682892000 | Published Paper |
Professor,
|
Peter Andre, Carlo Pizzinelli, Christopher Roth, Johannes Wohlfart | Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples
The Review of Economic Studies
| Nov 2022 |
Research Publications
| | 2022 | |
Andre, Peter
Roth, Christopher
Wohlfart, Johannes
Pizzinelli, Carlo
| 1667257200 | Published Paper | |
Michele Costola, Matteo Iacopini, Casper Wichers | Bayesian SAR Model with Stochastic Volatility and Multiple Time-Varying Weights
SAFE Working Paper No. 407
| Nov 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Costola, Michele
Iacopini, Matteo
Wichers, Casper
| 1698793200 | SAFE Working Paper | |
Cannon Cloud, Simon Heß, Johannes Kasinger | Shared E-Scooter Services and Road Safety: Evidence from Six European Countries
European Economic Review
| Nov 2023 |
Research Publications
|
Financial Markets
| 2023 | |
Cloud, Cannon
Heß, Simon
Kasinger, Johannes
| 1698793200 | Published Paper | |
Peter Andre | Shallow Meritocracy
SAFE Working Paper No. 405
| Oct 2023 |
Working Papers
|
Household Finance,
| 2023 | |
Andre, Peter
| 1696111200 | SAFE Working Paper | |
Mila Getmansky Sherman, Christian Kubitza, Loriana Pelizzon | Loss Sharing in Central Clearinghouses: Winners and Losers
forthcoming in Review of Asset Pricing Studies
| Jan 2024 |
Research Publications
|
Financial Markets,
| 2024 | Central Clearing, Counterparty Risk, Systematic Risk, OTC markets, Derivatives, Loss Sharing, Collateral, Margin |
Kubitza, Christian
Pelizzon, Loriana
Getmansky Sherman, Mila
| 1704063600 | Published Paper |
Professor,
|
Peter Andre, Philipp Schirmer, Johannes Wohlfart | Mental Models of the Stock Market
SAFE Working Paper No. 406
| Nov 2023 |
Working Papers
|
Household Finance,
Financial Markets,
| 2023 | |
Andre, Peter
Schirmer, Philipp
Wohlfart, Johannes
| 1698793200 | SAFE Working Paper | |
Christian Alemán-Pericón, Christopher Busch, Alexander Ludwig, Raül Santaeulàlia-Llopis | Stage-Based Identification of Policy Effects
SAFE Working Paper No. 404
| Oct 2023 |
Working Papers
|
Macro Finance
| 2023 | |
Alemán-Pericón, Christian
Ludwig, Alexander
Santaeulàlia-Llopis, Raül
Busch, Christopher
| 1696111200 | SAFE Working Paper | |
Katja Langenbucher | Gruppendenken und Corporate Governance – illustriert am Beispiel des Wirecard Skandals
White Paper No.97
| Nov 2023 |
White Papers
|
Law and Finance
| 2023 | Group Think, Corporate Governance, Wirecard |
Langenbucher, Katja
| 1698793200 | Policy Paper |
Professor,
|
Monica Billio, Roberto Casarin, Michele Costola | Learning from Experts: Energy Efficiency in Residential Buildings
SAFE Working Paper No. 403
| Oct 2023 |
Working Papers
|
Financial Markets
| 2023 | Energy efficiency, Energy Performance Certificate, Machine learning, Tree-based models, big data |
Costola, Michele
Billio, Monica
Casarin, Roberto
| 1696111200 | SAFE Working Paper | |
Julian Detemple, Michael Kosfeld | Fairness and Inequality in Institution Formation
SAFE Working Paper No. 402
| Sep 2023 |
Working Papers
|
Household Finance,
| 2023 | |
Detemple, Julian
Kosfeld, Michael
| 1693519200 | SAFE Working Paper |
Professor,
|
Enrico Perotti | A Safe Core Mandate
Policy Letter No. 103
| Sep 2023 |
Policy Letters
|
Financial Markets
| 2023 | Lender of Last Resort, Central Banks, Money Market Funds |
Perotti, Enrico
| 1693519200 | Policy Paper | |
Kevin Bauer, Oliver Hinz, Michael Kosfeld, Lena Liebich | Decoding GPT’s Hidden ‘Rationality’ of Cooperation
SAFE Working Paper No. 401
| Sep 2023 |
Working Papers
|
Household Finance,
| 2023 | large language models, cooperation, goal orientation, economic rationality |
Bauer, Kevin
Liebich, Lena
Hinz, Oliver
Kosfeld, Michael
| 1693519200 | SAFE Working Paper |
Professor,
Professor,
Doctoral Student,
|
Konstantin Egorov | Why Did Russian Economy not Collapse under Sanctions: Pre-War Evidence
Policy Letter No. 102
| Sep 2023 |
Policy Letters
|
Financial Markets
| 2023 | Sanctions, Russian Economy, Commodities |
Egorov, Konstantin
| 1693519200 | Policy Paper | |
Andreas Hackethal, Philip Schnorpfeil, Michael Weber | Households’ Response to the Wealth Effects of Inflation
SAFE Working Paper No. 400
| Sep 2023 |
Working Papers
|
Household Finance
| 2023 | |
Schnorpfeil, Philip
Weber, Michael
Hackethal, Andreas
| 1693519200 | SAFE Working Paper |
Professor,
|
Raimond Maurer, Sehrish Usman | Dynamics of Life Course Family Transitions in Germany: Exploring Patterns, Process and Relationships
SAFE Working Paper No. 399
| Sep 2023 |
Working Papers
|
Household Finance
| 2023 | |
Maurer, Raimond
Usman, Sehrish
| 1693519200 | SAFE Working Paper | |
Deyan Radev | Assessing Systemic Fragility – A Probabilistic Perspective
Journal of Risk
| Nov 2022 |
Research Publications
|
Financial Intermediation
| 2022 | Banking Stability, Financial Distress, Tail Risk, Contagion |
Radev, Deyan
| 1667257200 | Published Paper | |
Stefania Bortolotti, Gabriele Camera, Marco Casari | An Experiment on Retail Payments Systems
Journal of Money, Credit and Banking
| Apr 2016 |
Research Publications
|
Macro Finance
| 2016 | money, coordination, pricing, transactions |
Camera, Gabriele
Bortolotti, Stefania
Casari, Marco
| 1459461600 | Published Paper | |
Markku Kaustia, Samuli Knüpfer, Sami Torstila | Stock Ownership and Political Behavior: Evidence from Demutualization
Management Science
| Jun 2015 |
Research Publications
|
Household Finance
| 2015 | Stock ownership, political behavior, salience, attention, identity |
Kaustia, Markku
Knüpfer, Samuli
Torstila, Sami
| 1433109600 | Published Paper | |
Abigail Hurwitz, Olivia S. Mitchell, Orly Sade | Testing Methods to Enhance Longevity Awareness
Journal of Economic Behavior and Organization
| Dec 2022 |
Research Publications
|
Household Finance
| 2022 | |
Hurwitz, Abigail
Mitchell, Olivia S.
Sade, Orly
| 1669849200 | Published Paper | |
Claudia Lambert, Felix Noth, Ulrich Schüwer | How do Insured Deposits Affect Bank Risk? Evidence from the 2008 Emergency Economic Stabilization Act
Journal of Financial Intermediation
| Jan 2017 |
Research Publications
|
Financial Intermediation
| 2017 | financial crisis, deposit insurance, bank regulation |
Noth, Felix
Lambert, Claudia
Schüwer, Ulrich
| 1483225200 | Published Paper | |
Pantelis Karapanagiotis, Marius Liebald | Entity Matching with Similarity Encoding: A Supervised Learning Recommendation Framework for Linking (Big) Data
SAFE Working Paper No. 398
| Aug 2023 |
Working Papers
|
Law and Finance,
| 2023 | |
Liebald, Marius
Karapanagiotis, Pantelis
| 1690840800 | SAFE Working Paper | |
Katja Langenbucher | KI in der Leitungsentscheidung des Vorstands der Aktiengesellschaft
White Paper No. 96
| Aug 2023 |
White Papers
|
Financial Markets
| 2023 | Künstliche Intelligenz (KI), Leitungsentscheidungen, Mensch und Maschine |
Langenbucher, Katja
| 1690840800 | Policy Paper |
Professor,
|
Gerrit von Zedlitz | Mind the Gap?! The Current State of Biodiversity Reporting
White Paper No.95
| Aug 2023 |
White Papers
|
Financial Markets
| 2023 | Biodiversity, Disclosure Framework, Reporting Standards |
von Zedlitz, Gerrit
| 1690840800 | Policy Paper | |
Matteo Bagnara, Milad Goodarzi | Clustering-Based Sector Investing
SAFE Working Paper No. 397
| Aug 2023 |
Working Papers
|
Financial Markets
| 2023 | Empirical Asset Pricing, Risk Premium, Machine Learning, Industry Clas-sification, Clustering |
Bagnara, Matteo
Goodarzi, Milad
| 1690840800 | SAFE Working Paper | |
Nils Grevenbrock, Alexander Ludwig, Nawid Siassi | Homeownership Rates, Housing Policies, and Co-Residence Decisions
SAFE Working Paper No. 396
| Jul 2023 |
Working Papers
|
Macro Finance
| 2023 | |
Grevenbrock, Nils
Ludwig, Alexander
Siassi, Nawid
| 1688162400 | SAFE Working Paper | |
Jan Pieter Krahnen | Welche Rolle spielt die Finanzwirtschaft im Angesicht des Klimawandels?
Policy Letter No. 101
| Jul 2023 |
Policy Letters
|
Financial Markets
| 2023 | Grüne Transformation, Finanzsystem, Regulierung |
Krahnen, Jan Pieter
| 1688162400 | Policy Paper |
Professor,
|
Kevin Bauer, Oliver Hinz, Moritz von Zahn | Please Take Over: XAI, Delegation of Authority, and Domain Knowledge
SAFE Working Paper No. 394
| Jul 2023 |
Working Papers
|
Financial Intermediation,
| 2023 | |
Bauer, Kevin
von Zahn, Moritz
Hinz, Oliver
| 1688162400 | SAFE Working Paper |
Professor,
|
Michael Kosfeld, Zahra Sharafi | The Preference Survey Module: Evidence on Social Preferences from Tehran
SAFE Working Paper No. 393
| Jul 2023 |
Working Papers
|
Household Finance,
| 2023 | |
Sharafi, Zahra
Kosfeld, Michael
| 1688162400 | SAFE Working Paper |
Professor,
|
Christian Mücke | Bank Dividend Restrictions and Banks’ Institutional Investors
SAFE Working Paper No. 392
| Jul 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Mücke, Christian
| 1688162400 | SAFE Working Paper |
Doctoral Student,
|
Carmelo Latino, Loriana Pelizzon, Max Riedel | How to Green the European Auto ABS Market? A Literature Survey
SAFE Working Paper No. 391
| Jun 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Latino, Carmelo
Pelizzon, Loriana
Riedel, Max
| 1685570400 | SAFE Working Paper |
Doctoral Student,
Professor,
|
Kamelia Kosekova, Angela Maddaloni, Melina Papoutsi, Fabiano Schivardi | Firm-Bank Relationships: A Cross-Country Comparison
SAFE Working Paper No. 390
| Jun 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Papoutsi, Melina
Maddaloni, Angela
Schivardi, Fabiano
Kosekova, Kamelia
| 1685570400 | SAFE Working Paper | |
Tobias Berg, Elena Carletti, Stijn Claessens, Jan Pieter Krahnen, Irene Monasterolo, Marco Pagano | Climate regulation and financial risk: The challenge of policy uncertainty
Policy Letter No. 100
| May 2023 |
Policy Letters
|
Financial Markets
| 2023 | Climate Change, Financial Regulation and Banking |
Berg, Tobias
Carletti, Elena
Claessens, Stijn
Krahnen, Jan Pieter
Monasterolo, Irene
Pagano, Marco
| 1682892000 | Policy Paper | |
Felix Noth, Ulrich Schüwer | Natural Disaster and Bank Stability: Evidence from the U.S. Financial System
Journal of Environmental Economics and Management
| Jun 2023 |
Research Publications
|
Financial Intermediation,
| 2023 | natural disasters, bank stability, non-performing assets, bank performance |
Noth, Felix
Schüwer, Ulrich
| 1685570400 | Published Paper | |
Vincenzo Pezone | The Real Effects of Judicial Enforcement
Review of Finance
| May 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Pezone, Vincenzo
| 1682892000 | Published Paper | |
Nikolai Badenhoop, Angelina Hackmann, Christian Mücke, Loriana Pelizzon | Quo Vadis Sustainable Funds? Sustainability and taxonomy-aligned disclosure in Germany under the SFDR
White Paper No.94
| Jun 2023 |
White Papers
|
Financial Markets
| 2023 | SFDR, Sustainabilty, Taxonomie, Disclosure, Sustainable Investments |
Pelizzon, Loriana
Mücke, Christian
Badenhoop, Nikolai
Hackmann, Angelina
| 1685570400 | Policy Paper |
Doctoral Student,
Professor,
|
Yalin Gündüz, Giorgio Ottonello, Loriana Pelizzon, Michael Schneider, Marti Subrahmanyam | Lighting up the Dark: Liquidity in the German Corporate Bond Market
Journal of Fixed Income
| Jul 2023 |
Research Publications
|
Financial Markets,
| 2023 | Corporate Bonds, WpHG, Liquidity, Transparency, OTC markets |
Pelizzon, Loriana
Gündüz, Yalin
Ottonello, Giorgio
Subrahmanyam, Marti
Schneider, Michael
| 1688162400 | Published Paper |
Professor,
|
Stefan Goldbach, Philipp Harms, Axel Jochem, Volker Nitsch, Alfons J. Weichenrieder | Retained Earnings and Foreign Portfolio Ownership: Implications for the Current Account Debate
SAFE Working Paper No. 389
| May 2023 |
Working Papers
|
Macro Finance
| 2023 | |
Harms, Philipp
Jochem, Axel
Goldbach, Stefan
Weichenrieder, Alfons J.
Nitsch, Volker
| 1682892000 | SAFE Working Paper | |
Gill Segal, Ivan Shaliastovich | Uncertainty, Risk, and Capital Growth
SAFE Working Paper No. 388
| May 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Segal, Gill
Shaliastovich, Ivan
| 1682892000 | SAFE Working Paper | |
Michele Costola, Katia Vozian | Pricing Climate Transition Risk: Evidence from European Corporate CDS
SAFE Working Paper No. 387
| May 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Costola, Michele
Vozian, Katia
| 1682892000 | SAFE Working Paper | |
Alperen Afşin Gözlügöl, Wolf-Georg Ringe | Net-Zero Transition and Divestments of Carbon-Intensive Assets
SAFE Working Paper No. 386
| May 2023 |
Working Papers
|
Law and Finance
| 2023 | |
Ringe, Wolf-Georg
Gözlügöl, Alperen Afşin
| 1682892000 | SAFE Working Paper | |
Ignazio Angeloni | The digital euro: A precautionary device, not a deus ex machina
Policy Letter No. 99
| May 2023 |
Policy Letters
|
Financial Markets
| 2023 | Digital, Euro, Financial Stability, Monetary Policy, Central Bank, CBDC, Banks |
Angeloni, Ignazio
| 1682892000 | Policy Paper | |
Nikolai Badenhoop | Restitution Claims – EU Consumer Law Principles and the Mortgage Credit Directive as an Overarching Value Model
forthcoming in Unfair Contract Terms and Restitution in European Private Law - the National and ECJ Litigation on House Loans Indexed in a Foreign Currency (Cambridge)
| Jan 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Badenhoop, Nikolai
| 1672527600 | Published Paper | |
Nikolai Badenhoop, Stefan Grundmann | Foreign Currency Loans and the Foundations of European Contract Law – A Case for Financial and Contractual Crisis?
European Review of Contract Law
| May 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Badenhoop, Nikolai
Grundmann, Stefan
| 1682892000 | Published Paper | |
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide | Spoilt for choice: Determinants of market shares in fragmented equity markets
Journal of Financial Markets
| Jan 2023 |
Research Publications
|
Financial Markets,
| 2023 | Dark Trading, Fragmentation, Anonymity, Immediacy |
Theissen, Erik
Sagade, Satchit
Gomber, Peter
Weber, Moritz Christian
Westheide, Christian
| 1672527600 | Published Paper | |
Ester Faia, Vincenzo Pezone | The Cost of Wage Rigidity
Review of Economic Studies
| Oct 2023 |
Research Publications
|
Macro Finance
| 2023 | Matched employer–employee dataset, Firms’ cost of wage rigidity, Predetermined measure of wage rigidity, High-frequency identification, Heterogeneous wage rigidity |
Pezone, Vincenzo
Faia, Ester
| 1696111200 | Published Paper | |
Jan Pieter Krahnen, Christian Wilde | Skin-in-the-Game in ABS Transactions: A Critical Review of Policy Options
Journal of Financial Stability
| Jun 2022 |
Research Publications
|
Financial Markets
| 2022 | Structured finance, ABS, STS (simple, transparent, and standardized securitizations), regulation, retention, Dodd-Frank Act |
Krahnen, Jan Pieter
Wilde, Christian
| 1654034400 | Published Paper |
Professor,
|
Florian Heider, Jan Pieter Krahnen, Loriana Pelizzon, Jonas Schlegel, Tobias Tröger | European lessons from Silicon Valley Bank resolution: A plea for a comprehensive demand deposit protection scheme (CDDPS)
Policy Letter No. 98
| Mar 2023 |
Policy Letters
|
Financial Intermediation,
Financial Markets
| 2023 | European Deposit protection scheme |
Pelizzon, Loriana
Schlegel, Jonas
Krahnen, Jan Pieter
Heider, Florian
Tröger, Tobias
| 1677625200 | Policy Paper |
Professor,
Professor,
Professor,
Professor,
|
Julian Greth, Alperen Afşin Gözlügöl, Tobias Tröger | The Oscillating Domains of Public and Private Markets
SAFE Working Paper No. 384
| Mar 2023 |
Working Papers
|
Law and Finance
| 2023 | corporate finance, capital markets, public markets, private markets, private equity, securities regulation, financial regulation |
Gözlügöl, Alperen Afşin
Tröger, Tobias
Greth, Julian
| 1677625200 | SAFE Working Paper |
Doctoral Student,
Professor,
|
Nikolai Badenhoop | Europäische Bankenregulierung und private Haftung
Schriften zum Unternehmens- und Kapitalmarktrecht
| Jan 2020 |
Research Publications
|
Law and Finance
| 2020 | |
Badenhoop, Nikolai
| 1577833200 | Published Paper | |
Nikolai Badenhoop | Private Law Duties Deriving From EU Banking Regulation and its Individual Protection Goals
European Review of Contract Law
| Jun 2020 |
Research Publications
|
Law and Finance
| 2020 | |
Badenhoop, Nikolai
| 1590962400 | Published Paper | |
Nikolai Badenhoop, René Smits | Towards a Single Standard of Professional Secrecy for Financial Sector Supervisory Authorities: A Reform Proposal
European Law Review
| Mar 2019 |
Research Publications
|
Law and Finance
| 2019 | financial supervision; professional secrecy; access to files; accountability; Banking Union; SSM; ECB |
Smits, René
Badenhoop, Nikolai
| 1551394800 | Published Paper | |
Nikolai Badenhoop, Henning Berger | Financial Services and Brexit: Navigating towards Future Market Access
European Business Organization Law Review
| Oct 2018 |
Research Publications
|
Law and Finance
| 2018 | Brexit, Commercial Banking, Clearing, EU passport, GATS, CETA, FTA, Equivalence, Alignment |
Badenhoop, Nikolai
Berger, Henning
| 1538344800 | Published Paper | |
Victor Klockmann, Marie Claire Villeval, Alicia von Schenk | Artificial Intelligence, Ethics, and Intergenerational Responsibility
Journal of Economic Behavior & Organization
| Feb 2023 |
Research Publications
|
Household Finance,
| 2023 | |
Klockmann, Victor
von Schenk, Alicia
Villeval, Marie Claire
| 1675206000 | Published Paper | |
Angela Maddaloni | Liquidity Support and Distress Resilience in Bank-Affiliated Mutual Funds
SAFE Working Paper No. 385
| Mar 2023 |
Working Papers
|
Financial Intermediation
| 2023 | |
Maddaloni, Angela
| 1677625200 | SAFE Working Paper | |
Satyajit Dutt, Jan Wedigo Radermacher | Age, Wealth, and the MPC in Europe - A Supervised Machine Learning Approach
SAFE Working Paper No. 383
| Feb 2023 |
Working Papers
|
Household Finance
| 2023 | |
Dutt, Satyajit
Radermacher, Jan Wedigo
| 1675206000 | SAFE Working Paper | |
Jan Wedigo Radermacher | Mamma Mia! Revealing Hidden Heterogeneity by PCA-Biplot - MPC Puzzle for Italy’s Elderly Poor
SAFE Working Paper No. 382
| Feb 2023 |
Working Papers
|
Household Finance
| 2023 | |
Radermacher, Jan Wedigo
| 1675206000 | SAFE Working Paper | |
Fincap Team | Non-Standard Errors
forthcoming in Journal of Finance
| Jan 2024 |
Research Publications
|
Financial Intermediation,
Financial Markets
| 2024 | non-standard errors, multi-analyst approach, liquidity |
Fincap Team,
| 1704063600 | Published Paper | |
Alexander Hillert, Alexandra Niessen-Ruenzi, Stefan Ruenzi | Mutual Fund Shareholder Letters: Flows, Performance, and Managerial Behavior
SAFE Working Paper No. 380
| Feb 2023 |
Working Papers
|
Financial Markets,
| 2023 | |
Hillert, Alexander
Niessen-Ruenzi, Alexandra
Ruenzi, Stefan
| 1675206000 | SAFE Working Paper |
Professor,
|
Anastasia Kotovskaia, Tobias Tröger | National Interests and Supranational Resolution in the European Banking Union
European Business Law Review
| Aug 2023 |
Research Publications
|
Financial Intermediation,
Law and Finance,
Financial Markets
| 2023 | SRB, SRF, bank resolution, banking union, bail-in, ESM, national interest, political economy, bureaucrats’ incentives |
Tröger, Tobias
Kotovskaia, Anastasia
| 1690840800 | Published Paper |
Professor,
|
Irene Mecatti, Tobias Tröger | Who Should Hold Bail-Inable Debt and How can Regulators Police Holding Restrictions Effectively?
forthcoming in Rivista Italiana di Diritto Pubblico Comunitario
| Jan 2024 |
Research Publications
|
Law and Finance
| 2024 | |
Mecatti, Irene
Tröger, Tobias
| 1704063600 | Published Paper |
Professor,
|
Irene Mecatti, Tobias Tröger | Who Should Hold Bail-Inable Debt and How can Regulators Police Holding Restrictions Effectively?
SAFE Working Paper No. 379
| Jan 2023 |
Working Papers
|
Law and Finance
| 2023 | |
Mecatti, Irene
Tröger, Tobias
| 1672527600 | SAFE Working Paper |
Professor,
|
Tobias Tröger | Impfung statt Schlangenöl
Juristische Arbeitsblätter
| Jan 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Tröger, Tobias
| 1640991600 | Published Paper |
Professor,
|
Tobias Tröger | Capital Buffers for Systemically Important Banks and Systemic Risk Buffer
Oxford EU Financial Regulation (Oxford University Press)
| Jan 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Tröger, Tobias
| 1640991600 | Published Paper |
Professor,
|
Tobias Tröger | Qualitative Capital Requirements and their Relationship with MREL/TLAC
Oxford EU Financial Regulation (Oxford University Press)
| Jan 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Tröger, Tobias
| 1640991600 | Published Paper |
Professor,
|
Tobias Tröger | Die fehlerhafte Gesellschaft
Handbuch der Personengesellschaften (Dr. Otto Schmidt KG)
| Jan 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Tröger, Tobias
| 1640991600 | Published Paper |
Professor,
|
Sebastian Steuer | Grundlagen des freiwilligen Kohlenstoffhandels
Zeitschrift für Umweltrecht
| Jan 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Steuer, Sebastian
| 1640991600 | Published Paper | |
Sebastian Steuer | Grüne Transparenz und nachhaltige Verwirrung – Die produktbezogenen Informationsvorschriften der SFDR
Zeitschrift für Bankrecht und Bankwirtschaft
| Jan 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Steuer, Sebastian
| 1640991600 | Published Paper | |
Sabine Bernard, Benjamin Loos, Martin Weber | How Speculative Asset Characteristics Shape Retail Investors’ Selling Behavior
SAFE Working Paper No. 378
| Jan 2023 |
Working Papers
|
Household Finance
| 2023 | Selling Behavior, Disposition Effect, Retail Investor, Speculation, Higher Moments of Return, Realization Utility |
Weber, Martin
Bernard, Sabine
Loos, Benjamin
| 1672527600 | SAFE Working Paper | |
Carsten Bienz, Karin Thorburn, Uwe Walz | Fund Ownership, Wealth, and Risk-Taking: Evidence on Private Equity Managers
Journal of Financial Intermediation
| Apr 2023 |
Research Publications
|
Financial Intermediation
| 2023 | Private equity, leveraged buyouts, incentives, coinvestment, risk taking, wealth |
Thorburn, Karin
Walz, Uwe
Bienz, Carsten
| 1680300000 | Published Paper |
Professor,
|
Alessandro Pollastri, Paulo Rodrigues, Christian Schlag, Norman Seeger | A Jumping Index of Jumping Stocks? An MCMC Analysis of Continuous-Time Models for Individual Stocks
Journal of Empirical Finance
| Jan 2023 |
Research Publications
|
Financial Markets
| 2023 | |
Schlag, Christian
Pollastri, Alessandro
Seeger, Norman
Rodrigues, Paulo
| 1672527600 | Published Paper |
Professor,
|
Andreas Nölke | EU Economic Governance: Erosion or Integration?
Post-Corona Capitalism: The Alternatives Ahead
| Oct 2022 |
Research Publications
|
Macro Finance
| 2022 | |
Nölke, Andreas
| 1664575200 | Published Paper | |
Daniel Mertens, Matthias Thiemann | Investing in the Single Market? Core-Periphery Dynamics and the Hybrid Governance of Supranational Investment Policies
Journal of European Integration
| Feb 2022 |
Research Publications
|
Macro Finance
| 2022 | |
Mertens, Daniel
Thiemann, Matthias
| 1643670000 | Published Paper | |
Sandra Eckert | Sectoral Governance under the EU's Bilateral Agreements and the Limits of Joint Institutional Frameworks: Insights from EU-Swiss Bilateralism for Post-Brexit Relations with the UK
Journal of Common Market Studies
| Jul 2022 |
Research Publications
|
Macro Finance
| 2022 | |
Eckert, Sandra
| 1656626400 | Published Paper | |
Alexander Morell | Legalism and professional norms
forthcoming in The Oxford Handbook of Comparative Judicial Behavior
| Jan 2024 |
Research Publications
|
Law and Finance
| 2024 | |
Morell, Alexander
| 1704063600 | Published Paper |
Professor,
|
Katja Langenbucher, Martin Winner | Wirecard und Commerzialbank Mattersburg - Compliance, Kontrollversagen und die Folgen für den Gesetzgeber
Zeitschrift für Finanzmarktrecht
| Mar 2022 |
Research Publications
|
Household Finance
| 2022 | |
Winner, Martin
Langenbucher, Katja
| 1646089200 | Published Paper |
Professor,
|
Myriam Hadnes, Michael Kosfeld, Björn Vollan | Fetters of the Sib’ in an Uncertain Business Environment - An Experimental Study in Burkina Faso
Entrepreneurship & Regional Development
| May 2023 |
Research Publications
|
Household Finance,
| 2023 | |
Vollan, Björn
Hadnes, Myriam
Kosfeld, Michael
| 1682892000 | Published Paper |
Professor,
|
Andrea Essl, Michael Kosfeld, Markus Kröll, Frauke von Bieberstein | Social Preferences and Sales Performance
Journal of Economics & Management Strategy
| Nov 2023 |
Research Publications
|
Household Finance,
| 2023 | |
Essl, Andrea
von Bieberstein, Frauke
Kosfeld, Michael
Kröll, Markus
| 1698793200 | Published Paper |
Professor,
|
Konstantin Egorov | Optimal Policy under Dollar Pricing
SAFE Working Paper No. 377
| Jan 2023 |
Working Papers
|
Macro Finance
| 2023 | |
Egorov, Konstantin
| 1672527600 | SAFE Working Paper | |
Nikolai Badenhoop | Balancing Confidentiality and Transparency: The ECSPR Professional Secrecy Standard in Light of Cross-Sectoral EU Financial Regulation and ECJ Case Law
Regulation on European Crowdfunding Service Providers for Business
| Aug 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Badenhoop, Nikolai
| 1659304800 | Published Paper | |
Michele Costola, Oliver Hinz, Michael Nofer, Loriana Pelizzon | Machine Learning Sentiment Analysis, COVID-19 News and Stock Market Reactions
Research in International Business and Finance
| Jan 2023 |
Research Publications
|
Financial Markets
| 2023 | COVID-19 news, Sentiment Analysis, Stock Markets |
Costola, Michele
Nofer, Michael
Hinz, Oliver
Pelizzon, Loriana
| 1672527600 | Published Paper |
Professor,
Professor,
|
Ruggero Jappelli, Loriana Pelizzon, Marti Subrahmanyam | Quantitative Easing, the Repo Market, and the Term Structure of Interest Rates
SAFE Working Paper No. 395
| Jul 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Jappelli, Ruggero
Pelizzon, Loriana
Subrahmanyam, Marti
| 1688162400 | SAFE Working Paper |
Doctoral Student,
Professor,
|
Oliver Hinz, Nora Jansen | Inferring Opinion Leadership from Digital Footprints
Journal of Business Research
| Feb 2022 |
Research Publications
|
Financial Markets
| 2022 | |
Jansen, Nora
Hinz, Oliver
| 1643670000 | Published Paper |
Professor,
|
Oliver Hinz, Cristina Mihale-Wilson, Christof Weinhardt, Wil van der Aalst | Corporate Digital Responsibility - Relevance and Opportunities for Business and Information Systems Engineering
Business & Information Systems Engineering
| Mar 2022 |
Research Publications
|
Financial Markets
| 2022 | |
Hinz, Oliver
Weinhardt, Christof
van der Aalst, Wil
Mihale-Wilson, Cristina
| 1646089200 | Published Paper |
Professor,
|
Oliver Hinz, Andreas Lanz, Christian Schlereth, Simon Stolz, Michael Weiler | Social Capital Accumulation Through Social Media Networks: Evidence from a Randomized Field Experiment and Individual-Level Panel Data
Management Information Systems Quarterly (MISQ)
| Jun 2022 |
Research Publications
|
Financial Markets
| 2022 | |
Stolz, Simon
Weiler, Michael
Lanz, Andreas
Schlereth, Christian
Hinz, Oliver
| 1654034400 | Published Paper |
Professor,
|
Jörn Grahl, Oliver Hinz | How Do Recommender Systems Lead to Consumer Purchases? A Causal Mediation Analysis of a Field Experiment
Information Systems Research
| Jun 2022 |
Research Publications
|
Financial Markets
| 2022 | |
Hinz, Oliver
Grahl, Jörn
| 1654034400 | Published Paper |
Professor,
|
K. Valerie Carl, Oliver Hinz, Timothy Zilcher | Corporate Digital Responsibility and the Current Corporate Social Responsibility Standard: An Analysis of Applicability
Open Identity Summit 2022. Bonn: Gesellschaft für Informatik e.V..
| Jan 2022 |
Research Publications
|
Financial Markets
| 2022 | |
Carl, K. Valerie
Zilcher, Timothy
Hinz, Oliver
| 1640991600 | Published Paper |
Professor,
|
Bernd Freisleben, Oliver Hinz, Katharina Keller, Anja Klein, Bernd Simon, Artur Sterz | A Multi-Stakeholder Modeling Framework for the Techno-Economic Analysis of Telecommunication Networks
IEEE Communications Magazine
| Feb 2023 |
Research Publications
|
Financial Intermediation
| 2023 | |
Hinz, Oliver
Simon, Bernd
Keller, Katharina
Klein, Anja
Sterz, Artur
Freisleben, Bernd
| 1675206000 | Published Paper |
Professor,
|
Andreas Hackethal, Benjamin Loos, Steffen Meyer, Charline Uhr | Switching from Commissions on Mutual Funds to Flat-Ffees: How are Advisory Clients Affected?
Journal of Economic Behavior and Organization
| May 2023 |
Research Publications
|
Household Finance
| 2023 | |
Meyer, Steffen
Uhr, Charline
Hackethal, Andreas
Loos, Benjamin
| 1682892000 | Published Paper |
Professor,
|
Alperen Afşin Gözlügöl | Private Companies: The Missing Link on The Path to Net Zero
Journal of Corporate Law Studies
| Apr 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Gözlügöl, Alperen Afşin
| 1680300000 | Published Paper | |
Nikolai Badenhoop | The Individual Protection Goals in EU Banking Regulation - A Process Towards Private Law Enforcement
forthcoming in European Contract Law in the Banking and Financial Union
| Jan 2024 |
Research Publications
|
Law and Finance
| 2024 | |
Badenhoop, Nikolai
| 1704063600 | Published Paper | |
Nikolai Badenhoop | Greening Supply Chains and Their Financing under EU Law
forthcoming in Contracts for Responsible and Sustainable Supply Chains: Model Clauses, Legal Analysis, and Practical Discussion
| Jan 2024 |
Research Publications
|
Law and Finance
| 2024 | |
Badenhoop, Nikolai
| 1704063600 | Published Paper | |
Konstantin Egorov, Dmitry Mukhin | Optimal Policy under Dollar Pricing
American Economic Review
| Jan 2023 |
Research Publications
|
Macro Finance
| 2023 | |
Egorov, Konstantin
Mukhin, Dmitry
| 1672527600 | Published Paper | |
Riccardo Calcagno, Florian Heider | Stock-Based Pay, Liquidity, and the Role of Market Making
Journal of Economic Theory
| Oct 2021 |
Research Publications
|
Financial Intermediation
| 2021 | |
Heider, Florian
Calcagno, Riccardo
| 1633039200 | Published Paper |
Professor,
|
Florian Heider, Farzad Saidi, Glenn Schepens | Banks and Negative Interest Rates
Annual Review of Financial Economics
| Nov 2021 |
Research Publications
|
Financial Intermediation
| 2021 | |
Schepens, Glenn
Saidi, Farzad
Heider, Florian
| 1635721200 | Published Paper |
Professor,
|
Bruno Biais, Florian Heider, Marie Hoerova | Variation Margins, Fire Sales, and Information-constrained Optimality
Review of Economic Studies
| Nov 2021 |
Research Publications
|
Financial Intermediation
| 2021 | |
Heider, Florian
Hoerova, Marie
Biais, Bruno
| 1635721200 | Published Paper |
Professor,
|
Florian Heider, Farzad Saidi, Glenn Schepens | Life Below Zero: Bank Lending Under Negative Policy Rates
Review of Financial Studies
| Jan 2019 |
Research Publications
|
Financial Intermediation
| 2019 | |
Schepens, Glenn
Saidi, Farzad
Heider, Florian
| 1546297200 | Published Paper |
Professor,
|
Carlos Garcia-de-Andoain, Florian Heider, Simone Manganelli | Lending-of-Last-Resort is as Lending-of-Last-Resort Does: Central Bank Liquidity Provision and Interbank Market Functioning in the Euro Area
Journal of Financial Intermediation
| Jan 2016 |
Research Publications
|
Financial Intermediation
| 2016 | |
Garcia-de-Andoain, Carlos
Manganelli, Simone
Heider, Florian
| 1451602800 | Published Paper |
Professor,
|
Bruno Biais, Florian Heider, Marie Hoerova | Risk-Sharing or Risk-Taking? Counterparty Risk, Incentives, and Margins
Journal of Finance
| Jan 2016 |
Research Publications
|
Financial Intermediation
| 2016 | |
Hoerova, Marie
Heider, Florian
Biais, Bruno
| 1451602800 | Published Paper |
Professor,
|
Florian Heider, Alexander Ljungqvist | As Certain as Debt and Taxes: Estimating the Tax Sensitivity of Leverage from State Tax Changes
Journal of Financial Economics
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | |
Ljungqvist, Alexander
Heider, Florian
| 1420066800 | Published Paper |
Professor,
|
Florian Heider, Marie Hoerova, Cornelia Holthausen | Liquidity Hoarding and Interbank Market Spreads: The Role of Counterparty Risk
Journal of Financial Economics
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | |
Heider, Florian
Hoerova, Marie
Holthausen, Cornelia
| 1420066800 | Published Paper |
Professor,
|
Raphael Abiry, Marien Ferdinandusse, Alexander Ludwig, Carolin Nerlich | Climate Change Mitigation: How Effective is Green Quantitative Easing?
SAFE Working Paper No. 376
| Dec 2022 |
Working Papers
|
Macro Finance
| 2022 | |
Nerlich, Carolin
Ferdinandusse, Marien
Ludwig, Alexander
Abiry, Raphael
| 1669849200 | SAFE Working Paper | |
Abigail Hurwitz, Olivia S. Mitchell, Orly Sade | Testing Methods to Enhance Longevity Awareness
SAFE Working Paper No. 375
| Dec 2022 |
Working Papers
|
Household Finance
| 2022 | |
Sade, Orly
Hurwitz, Abigail
Mitchell, Olivia S.
| 1669849200 | SAFE Working Paper | |
Franco Fiordelisi, Giulia Fusi, Angela Maddaloni, David Marqués-Ibáñez | Pandemic Lending: Micro and Macro Effects of Model-Based Regulation
SAFE Working Paper No. 374
| Dec 2022 |
Working Papers
|
Financial Intermediation
| 2022 | |
Marqués-Ibáñez, David
Fiordelisi, Franco
Fusi, Giulia
Maddaloni, Angela
| 1669849200 | SAFE Working Paper | |
Andreas Hackethal, Tobin Hanspal, Emily Kormanyos | Do Gamblers Invest in Lottery Stocks?
SAFE Working Paper No. 373
| Dec 2022 |
Working Papers
|
Household Finance
| 2022 | |
Kormanyos, Emily
Hanspal, Tobin
Hackethal, Andreas
| 1669849200 | SAFE Working Paper |
Professor,
|
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | How Would 401(k) ‘Rothification’ Alter Saving, Retirement Security, and Inequality?
Journal of Pension Economics & Finance
| Jan 2023 |
Research Publications
|
Financial Markets
| 2023 | |
Horneff, Vanya
Mitchell, Olivia S.
Maurer, Raimond
| 1672527600 | Published Paper | |
Alessandro Pollastri, Paulo Rodrigues, Christian Schlag, Norman Seeger | A Jumping Index of Jumping Stocks? An MCMC Analysis of Continuous-Time Models for Individual Stocks
SAFE Working Paper No. 372
| Dec 2022 |
Working Papers
|
Financial Markets
| 2022 | Jump-diffusion models; individual stocks; Markov Chain Monte Carlo |
Pollastri, Alessandro
Rodrigues, Paulo
Schlag, Christian
Seeger, Norman
| 1669849200 | SAFE Working Paper |
Professor,
|
Mariano Massimiliano Croce, Tatyana Marchuk, Christian Schlag | The Leading Premium
SAFE Working Paper No. 371
| Dec 2022 |
Working Papers
|
Financial Markets
| 2022 | |
Croce, Mariano Massimiliano
Marchuk, Tatyana
Schlag, Christian
| 1669849200 | SAFE Working Paper |
Professor,
|
Benjamin M. Abdel-Karim, Kevin Bauer, Oliver Hinz, Michael Nofer | The Effects of Discontinuing Machine Learning Decision Support
SAFE Working Paper No. 370
| Dec 2022 |
Working Papers
|
Financial Intermediation,
| 2022 | |
Bauer, Kevin
Nofer, Michael
Abdel-Karim, Benjamin M.
Hinz, Oliver
| 1669849200 | SAFE Working Paper |
Professor,
|
Katja Langenbucher | Consumer Credit in The Age of AI – Beyond Anti-Discrimination Law
SAFE Working Paper No. 369
| Dec 2022 |
Working Papers
|
Law and Finance
| 2022 | |
Langenbucher, Katja
| 1669849200 | SAFE Working Paper |
Professor,
|
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | How Would 401(k) ‘Rothification’ Alter Saving, Retirement Security, and Inequality?
SAFE Working Paper No. 368
| Dec 2022 |
Working Papers
|
Financial Markets
| 2022 | |
Horneff, Vanya
Maurer, Raimond
Mitchell, Olivia S.
| 1669849200 | SAFE Working Paper | |
Micha Bender, Benjamin Clapham, Peter Gomber, Jens Lausen | Drivers and Effects of Stock Market Fragmentation - Insights on SME Stocks
SAFE Working Paper No. 367
| Dec 2022 |
Working Papers
|
Financial Markets
| 2022 | Market Microstructure, Market Fragmentation, Securities Market Regulation, Market Quality, SME Trading |
Lausen, Jens
Clapham, Benjamin
Gomber, Peter
Bender, Micha
| 1669849200 | SAFE Working Paper | |
Thorsten Beck, Jan Pieter Krahnen, Philippe Martin, Franz Mayer, Jean Pisani-Ferry, Tobias Tröger, Nicolas Véron, Beatrice Weder di Mauro, Jeromin Zettelmeyer | Completing the banking union: Economic requirements and legal conditions
White Paper No. 93
| Nov 2022 |
White Papers
|
Financial Markets
| 2022 | Banking Union, Legal Reforms |
Pisani-Ferry, Jean
Zettelmeyer, Jeromin
Véron, Nicolas
Martin, Philippe
Mayer, Franz
Krahnen, Jan Pieter
Tröger, Tobias
Weder di Mauro, Beatrice
Beck, Thorsten
| 1667257200 | Policy Paper | |
Satchit Sagade, Stefan Scharnowski, Christian Westheide | Broker Colocation and the Execution Costs of Customer and Proprietary Orders
SAFE Working Paper No. 366
| Dec 2022 |
Working Papers
|
Financial Markets
| 2022 | |
Sagade, Satchit
Scharnowski, Stefan
Westheide, Christian
| 1669849200 | SAFE Working Paper | |
Caroline Fohlin, Zhikun Lu, Nan Zhou | Short Sale Bans May Improve Market Quality During Crises: New Evidence from the 2020 Covid Crash
SAFE Working Paper No. 365
| Dec 2022 |
Working Papers
|
Financial Markets,
| 2022 | |
Fohlin, Caroline
Lu, Zhikun
Zhou, Nan
| 1669849200 | SAFE Working Paper | |
Monica Billio, Michele Costola, Loriana Pelizzon, Max Riedel | Creditworthiness and Buildings’ Energy Efficiency in the Italian Mortgage Market
Climate Investing: New Strategies and Implementation Challenges
| Jan 2023 |
Research Publications
|
Financial Markets
| 2023 | |
Riedel, Max
Costola, Michele
Pelizzon, Loriana
Billio, Monica
| 1672527600 | Published Paper |
Professor,
|
Tatiana Farina, Jan Pieter Krahnen, Irene Mecatti, Loriana Pelizzon, Jonas Schlegel, Tobias Tröger | Is there a ‘retail challenge’ to banks’ resolvability? What do we know about the holders of bail-inable securities in the Banking Union?
White Paper No. 92
| Nov 2022 |
White Papers
|
Financial Markets
| 2022 | Banking Union, Bailin, Retail Challenge |
Mecatti, Irene
Tröger, Tobias
Schlegel, Jonas
Farina, Tatiana
Pelizzon, Loriana
Krahnen, Jan Pieter
| 1667257200 | Policy Paper |
Professor,
Professor,
Professor,
|
Tatiana Farina, Jan Pieter Krahnen, Irene Mecatti, Loriana Pelizzon, Jonas Schlegel, Tobias Tröger | Is there a ‘retail challenge’ to banks’ resolvability? What do we know about the holders of bail-inable securities in the Banking Union?
White Paper No. 92
| Nov 2022 |
White Papers
|
Financial Markets
| 2022 | Banking Union, Bailin, Retail Challenge |
Krahnen, Jan Pieter
Mecatti, Irene
Pelizzon, Loriana
Tröger, Tobias
Farina, Tatiana
Schlegel, Jonas
| 1667257200 | Policy Paper |
Professor,
Professor,
Professor,
|
Jannis Bischof, Rainer Haselmann, Tobias Tröger | Monitoring Complex Financial Instruments in Banks’ Balance Sheets
White Paper No. 91
| Nov 2022 |
White Papers
|
Financial Markets
| 2022 | Bank's Balance Sheets, Complex Financial Instruments |
Bischof, Jannis
Haselmann, Rainer
Tröger, Tobias
| 1667257200 | Policy Paper |
Professor,
|
Christine Laudenbach, Stephan Siegel | Personal Communication in an Automated World: Evidence from Loan Repayments
forthcoming in Journal of Finance
| Jan 2024 |
Research Publications
|
Household Finance
| 2024 | |
Laudenbach, Christine
Siegel, Stephan
| 1704063600 | Published Paper |
Professor,
|
Christine Laudenbach, Michael Ungeheuer, Martin Weber | How to Alleviate Correlation Neglect in Investment Decisions
Management Science
| Jan 2023 |
Research Publications
|
Household Finance
| 2023 | |
Laudenbach, Christine
Ungeheuer, Michael
Weber, Martin
| 1672527600 | Published Paper |
Professor,
|
Rachel Nam | Open Banking and Customer Data Sharing: Implications for FinTech Borrowers
SAFE Working Paper No. 364
| Dec 2022 |
Working Papers
|
Financial Markets
| 2022 | |
Nam, Rachel
| 1669849200 | SAFE Working Paper |
Doctoral Student,
|
Tabea Bucher-Koenen, Andreas Hackethal, Johannes Kasinger, Christine Laudenbach | Disparities in Financial Literacy, Pension Planning, and Saving Behavior
SAFE Working Paper No. 362
| Oct 2022 |
Working Papers
|
Household Finance
| 2022 | |
Bucher-Koenen, Tabea
Hackethal, Andreas
Kasinger, Johannes
Laudenbach, Christine
| 1664575200 | SAFE Working Paper |
Professor,
Professor,
|
Ata Can Bertay, José Gabo Carreño Bustos, Harry Huizinga, Burak Uras, Nathanael Vellekoop | Technological Change and the Finance Wage Premium
SAFE Working Paper No. 361
| Oct 2022 |
Working Papers
|
Macro Finance
| 2022 | wage premium, worker-firm panels, skill-biased technological change |
Bertay, Ata Can
Carreño Bustos, José Gabo
Huizinga, Harry
Uras, Burak
Vellekoop, Nathanael
| 1664575200 | SAFE Working Paper | |
Giuliano Curatola, Michael Donadelli, Patrick Grüning | Technology Trade with Asymmetric Tax Regimes and Heterogeneous Labor Markets: Implications for Macro Quantities and Asset Prices
International Journal of Finance & Economics
| Oct 2022 |
Research Publications
|
Financial Markets
| 2022 | Technology Adoption, R&D Investment, Asymmetric Tax Regimes, Asset Prices |
Grüning, Patrick
Curatola, Giuliano
Donadelli, Michael
| 1664575200 | Published Paper | |
Alfons J. Weichenrieder | A Note on the Role of Monetary Policy When Natural Gas Supply Is Inelastic
SAFE Working Paper No. 360
| Sep 2022 |
Working Papers
|
Macro Finance
| 2022 | energy crisis, monetary policy, natural gas |
Weichenrieder, Alfons J.
| 1661983200 | SAFE Working Paper | |
Andreas Hackethal, Michael Kirchler, Christine Laudenbach, Michael Razen, Annika Weber | On the Role of Monetary Incentives in Risk Preference Elicitation Experiments
Journal of Risk and Uncertainty
| Jan 2023 |
Research Publications
|
Household Finance
| 2023 | Risk Preferences, Incentives, Experimental Economics, Risk Aversion |
Hackethal, Andreas
Kirchler, Michael
Laudenbach, Christine
Razen, Michael
Weber, Annika
| 1672527600 | Published Paper |
Professor,
Professor,
|
Jana Eisenkopf, Steffen Juranek, Uwe Walz | Responsible Investment and Stock Market Shocks: Short-Term Insurance and Persistent Outperformance Post-Crisis?
British Journal of Management
| Jul 2023 |
Research Publications
|
Financial Intermediation
| 2023 | Responsible investment, ESG, stock market crisis, persistence |
Eisenkopf, Jana
Juranek, Steffen
Walz, Uwe
| 1688162400 | Published Paper |
Professor,
|
Matteo Bagnara | Asset Pricing and Machine Learning: A Critical Review
Journal of Economic Surveys
| Feb 2024 |
Research Publications
|
Financial Markets
| 2024 | |
Bagnara, Matteo
| 1706742000 | Published Paper | |
Huynh Sang Truong, Uwe Walz | Spillovers of PE Investments
SAFE Working Paper No. 357
| Sep 2022 |
Working Papers
|
Financial Intermediation
| 2022 | LBO spillovers, peer effects, IV approach |
Sang Truong, Huynh
Walz, Uwe
| 1661983200 | SAFE Working Paper |
Professor,
|
Markus Eyting | Why do we Discriminate? The Role of Motivated Reasoning
SAFE Working Paper No. 356
| Sep 2022 |
Working Papers
|
Household Finance,
| 2022 | |
Eyting, Markus
| 1661983200 | SAFE Working Paper | |
Sandra Eckert | European Administrative Networks, Private Networks and Agencies: Coexisting, Cooperating or Competing?
Journal of European Public Policy
| Sep 2022 |
Research Publications
|
Financial Intermediation
| 2022 | |
Eckert, Sandra
| 1661983200 | Published Paper | |
Alejandro Bernales, Nicolas Garrido, Satchit Sagade, Marcela Valenzuela, Christian Westheide | Trader Competition in Fragmented Markets: Liquidity Supply versus Picking-off Risk
Journal of Financial and Quantitative Analysis
| Jan 2024 |
Research Publications
|
Financial Markets
| 2024 | Fragmentation, Competition, Liquidity, Price Efficiency |
Bernales, Alejandro
Garrido, Nicolas
Sagade, Satchit
Valenzuela, Marcela
Westheide, Christian
| 1704063600 | Published Paper | |
Stephan Jank, Emanuel Moench, Michael Schneider | Safe Asset Shortage and Collateral Reuse
SAFE Working Paper No. 355
| Jul 2022 |
Working Papers
|
Financial Markets
| 2022 | |
Jank, Stephan
Moench, Emanuel
Schneider, Michael
| 1656626400 | SAFE Working Paper | |
Sebastian Steuer | Common Ownership and the (Non-)Transparency of Institutional Shareholdings: An EU-US Comparison
SAFE Working Paper No. 354
| Jul 2022 |
Working Papers
|
Law and Finance
| 2022 | |
Steuer, Sebastian
| 1656626400 | SAFE Working Paper | |
Raimond Maurer, Hans-Peter Schwintowski | Die Generationenrente ab Geburt: Vorschlag für eine Altersarmut vermeidende ergänzende kapitalgedeckte Alterssicherung
White Paper No. 90
| Aug 2022 |
White Papers
|
Household Finance
| 2022 | Generationenrente, kapitalgedeckte Alterssicherung |
Schwintowski, Hans-Peter
Maurer, Raimond
| 1659304800 | Policy Paper | |
Olga Balakina, Claes Bäckman, Andreas Hackethal, Tobin Hanspal, Dominique Lammer | Personal Recommendations and Portfolio Quality
SAFE Working Paper No. 353
| Jul 2022 |
Working Papers
|
Household Finance
| 2022 | Household nance, investment decisions, investment behavior, peer eects, social networks |
Hackethal, Andreas
Hanspal, Tobin
Bäckman, Claes
Lammer, Dominique
Balakina, Olga
| 1656626400 | SAFE Working Paper |
Professor,
|
Anastasia Kotovskaia, Nicola Meier | BigTech Cryptocurrencies – European regulatory solutions in sight
Policy Letter No. 97
| Jul 2022 |
Policy Letters
|
Law and Finance
| 2022 | Cryptocurrencies, Big Techs, MiCA, DMA, DSA, European Commision |
Meier, Nicola
Kotovskaia, Anastasia
| 1656626400 | Policy Paper | |
Monica Billio, Michele Costola, Loriana Pelizzon, Max Riedel | Creditworthiness and buildings’ energy efficiency in the Italian mortgage market
SAFE Working Paper No. 352
| Jun 2022 |
Working Papers
|
Financial Markets
| 2022 | |
Riedel, Max
Pelizzon, Loriana
Billio, Monica
Costola, Michele
| 1654034400 | SAFE Working Paper |
Professor,
|
Andreas Nölke | The weaponization of global payment infrastructures: A strategic dilemma
White Paper No. 89
| Jun 2022 |
White Papers
|
Financial Markets,
| 2022 | Ukraine, Russia, Sanctions, SWIFT |
Nölke, Andreas
| 1654034400 | Policy Paper | |
Ulrike M. Malmendier, Vincenzo Pezone, Hui Zheng | Managerial Duties and Managerial Biases
Management Science
| Aug 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Zheng, Hui
Malmendier, Ulrike M.
Pezone, Vincenzo
| 1690840800 | Published Paper | |
Markus Dertwinkel-Kalt, Johannes Kasinger, Dmitrij Schneider | Skewness Preferences: Evidence from Online Poker
SAFE Working Paper No. 351
| Jun 2022 |
Working Papers
|
Financial Intermediation
| 2022 | Online Poker; Risk Attitudes; Risk Preferences; Choice under Risk |
Schneider, Dmitrij
Kasinger, Johannes
Dertwinkel-Kalt, Markus
| 1654034400 | SAFE Working Paper | |
Massimiliano Caporin, Michele Costola | Time-Varying Granger Causality Tests for Applications in Global Crude Oil Markets: A Study on the DCC-MGARCH Hong Test
Energy Economics
| Jul 2022 |
Research Publications
|
Financial Markets
| 2022 | Granger Causality, Hong test, DCC-GARCH, Oil market, COVID-19 |
Costola, Michele
Caporin, Massimiliano
| 1656626400 | Published Paper | |
Ruggero Jappelli, Konrad Lucke, Loriana Pelizzon | Price and Liquidity Discovery in European Sovereign Bonds and Futures
SAFE Working Paper No. 350
| Apr 2022 |
Working Papers
|
Financial Markets
| 2022 | Fixed Income, Limits to Arbitrage, Market Liquidity |
Pelizzon, Loriana
Lucke, Konrad
Jappelli, Ruggero
| 1648764000 | SAFE Working Paper |
Doctoral Student,
Doctoral Student,
Professor,
|
Iñaki Aldasoro, Florian Balke, Andreas Barth, Egemen Eren | Spillovers of Funding Dry-ups
Journal of International Economics
| Jul 2022 |
Research Publications
|
Financial Intermediation
| 2022 | Funding dry-ups Spillovers Money market funds Corporate deposits Dollar funding Banks |
Barth, Andreas
Balke, Florian
Eren, Egemen
Aldasoro, Iñaki
| 1656626400 | Published Paper | |
Dennis Gram, Pantelis Karapanagiotis, Marius Liebald, Uwe Walz | Design and Implementation of a Historical German Firm-level Financial Database
Journal of Data and Information Quality
| Jun 2022 |
Research Publications
|
Financial Intermediation,
| 2022 | informational systems, database design, database models, economic history, financial data, cliometrics, |
Liebald, Marius
Walz, Uwe
Gram, Dennis
Karapanagiotis, Pantelis
| 1654034400 | Published Paper |
Professor,
|
Sebastian Steuer, Tobias Tröger | The Role of Disclosure in Green Finance
Journal of Financial Regulation
| Apr 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Tröger, Tobias
Steuer, Sebastian
| 1648764000 | Published Paper |
Professor,
|
Alperen Afşin Gözlügöl | The Clash of ‘E’ and ‘S’ of ESG: Just Transition on the Path to Net Zero and the Implications for Sustainable Corporate Governance and Finance
Journal of World Energy Law & Business
| Jan 2022 |
Research Publications
|
Law and Finance
| 2022 | climate change, sustainability, ESG, employees, workforce, net zero transition, corporate governance, institutional investors, green finance |
Gözlügöl, Alperen Afşin
| 1640991600 | Published Paper | |
Rainer Haselmann, Jan Pieter Krahnen, Tobias Tröger, Mark Wahrenburg | Institutional Protection Schemes: What are their differences, strengths, weaknesses, and track records?
White Paper No. 88
| Apr 2022 |
White Papers
|
Financial Intermediation
| 2022 | IPS, deposit guarantee scheme, savings banks |
Tröger, Tobias
Haselmann, Rainer
Wahrenburg, Mark
Krahnen, Jan Pieter
| 1648764000 | Policy Paper |
Professor,
Professor,
|
Fabian Nemeczek, Jan Wedigo Radermacher | Personality-Augmented MPC: Linking Survey and Transaction Data to Explain MPC Heterogeneity by Big Five Personality Traits
SAFE Working Paper No. 348
| Apr 2022 |
Working Papers
|
Household Finance
| 2022 | Marginal Propensity to Consume, Big Five Personality, Survey Data, Transaction Data |
Nemeczek, Fabian
Radermacher, Jan Wedigo
| 1648764000 | SAFE Working Paper | |
Heiko Jacobs, Christine Laudenbach, Sebastian Müller, Philipp Schreiber, Martin Weber | Die genial einfache Vermögensstrategie - so gelingt die finanzielle Unabhängigkeit
Campus Verlag
| Apr 2020 |
Research Publications
|
Household Finance
| 2020 | Vermögen, Kapitalanlage, Financial Investment |
Weber, Martin
Schreiber, Philipp
Laudenbach, Christine
Müller, Sebastian
Jacobs, Heiko
| 1585692000 | Published Paper |
Professor,
|
Emily C. Haisley, Christine Laudenbach, Martin Weber | The Role of Experience Sampling and Graphical Displays on One's Investment Risk Appetite
Management Science
| Feb 2013 |
Research Publications
|
Household Finance
| 2013 | risk taking, asset allocation, risk perception |
Weber, Martin
Haisley, Emily C.
Laudenbach, Christine
| 1359673200 | Published Paper |
Professor,
|
Christine Laudenbach, Martin Weber | Sometimes Less is More - the Influence of Information Aggregation on Investment Decisions
Journal of Economic Behavior & Organization
| Nov 2013 |
Research Publications
|
Household Finance
| 2013 | risk-return, information aggregation, investment decisions |
Laudenbach, Christine
Weber, Martin
| 1383260400 | Published Paper |
Professor,
|
Christian Ehm, Christine Laudenbach, Martin Weber | Volatility Inadaptability: Investors Care About Risk, but Cannot Cope with Volatility
Review of Finance
| Jul 2014 |
Research Publications
|
Household Finance
| 2014 | volatility, risk attitude, experimental finance, behavioral asset pricing |
Weber, Martin
Laudenbach, Christine
Ehm, Christian
| 1404165600 | Published Paper |
Professor,
|
Christine Laudenbach, Ulrike M. Malmendier, Alexandra Niessen-Ruenzi | Emotional Tagging and Belief Formation: The Long-Lasting Effects of Experiencing Communism
AEA Papers and Proceedings
| May 2019 |
Research Publications
|
Household Finance
| 2019 | Household Finance, Emotional Tagging, Communism |
Laudenbach, Christine
Malmendier, Ulrike M.
Niessen-Ruenzi, Alexandra
| 1556661600 | Published Paper |
Professor,
|
Andrej Gill, Florian Hett, Johannes Tischer | Time Inconsistency and Overdraft Use: Evidence from Transaction Data and Behavioral Measurement Experiments
SAFE Working Paper No. 347
| Apr 2022 |
Working Papers
|
Household Finance,
| 2022 | Household Finance, Paycheck Sensitivity, Fintech, Time Inconsistency, Time Preferences, Experiment, Behavioral Measurement |
Hett, Florian
Tischer, Johannes
Gill, Andrej
| 1648764000 | SAFE Working Paper | |
Alfons J. Weichenrieder | Russia Today – The Russian Invasion of Ukraine and Russia’s Public Finances
Policy Letter No. 96
| Mar 2022 |
Policy Letters
|
Macro Finance
| 2022 | Ukraine, Russia, Invasion, Public Finance, Energy Embargo |
Weichenrieder, Alfons J.
| 1646089200 | Policy Paper | |
Roman Inderst, Marcus Opp | Socially Optimal Sustainability Standards with Non-Consequentialist ("Warm Glow") Investors
SAFE Working Paper No. 346
| Mar 2022 |
Working Papers
|
Financial Intermediation,
Law and Finance,
Household Finance
| 2022 | Sustainability; ESG; green financing; labelling; |
Opp, Marcus
Inderst, Roman
| 1646089200 | SAFE Working Paper | |
Florian Heider, Roman Inderst | A Corporate Finance Perspective on Environmental Policy
SAFE Working Paper No. 345
| Mar 2022 |
Working Papers
|
Financial Intermediation,
Law and Finance,
Household Finance
| 2022 | |
Heider, Florian
Inderst, Roman
| 1646089200 | SAFE Working Paper |
Professor,
|
Steffen Eibelshäuser, Fabian Smetak | Frequent Batch Auctions and Informed Trading
SAFE Working Paper No. 344
| Mar 2022 |
Working Papers
|
Household Finance,
Financial Markets
| 2022 | |
Eibelshäuser, Steffen
Smetak, Fabian
| 1646089200 | SAFE Working Paper |
Doctoral Student,
|
Alessandro Di Nola, Leo Kaas, Haomin Wang | Rescue Policies for Small Businesses in the COVID-19 Recession
SAFE Working Paper No. 343
| Mar 2022 |
Working Papers
|
Macro Finance
| 2022 | |
Di Nola, Alessandro
Kaas, Leo
Wang, Haomin
| 1646089200 | SAFE Working Paper | |
Alperen Afşin Gözlügöl, Wolf-Georg Ringe | Private Companies: The Missing Link on The Path to Net Zero
SAFE Working Paper No. 342
| Mar 2022 |
Working Papers
|
Law and Finance
| 2022 | private companies, net zero transition, sustainability disclosures, brown-spinning, climate change, private equity |
Gözlügöl, Alperen Afşin
Ringe, Wolf-Georg
| 1646089200 | SAFE Working Paper | |
Ignazio Angeloni, Christopher Daase, Nicole Deitelhoff, Matthias Goldmann, Jan Pieter Krahnen, Stefan Kroll, Carl-Georg Luft, Andreas Nölke, Anton Peez, Loriana Pelizzon | Designing a rational sanctioning strategy
Policy Letter No. 95
| Feb 2022 |
Policy Letters
|
Financial Markets
| 2022 | SWIFT, Russian Sanctions |
Pelizzon, Loriana
Daase, Christopher
Deitelhoff, Nicole
Luft, Carl-Georg
Nölke, Andreas
Angeloni, Ignazio
Krahnen, Jan Pieter
Goldmann, Matthias
Peez, Anton
Kroll, Stefan
| 1643670000 | Policy Paper |
Professor,
Professor,
|
Sandra Eckert | The Limits of Joint-Institutional Frameworks for Sectoral Governance in EU-Swiss Bilateral Relations: Lessons for Future Relations with the UK
SAFE Working Paper No. 341
| Feb 2022 |
Working Papers
|
Financial Intermediation
| 2022 | |
Eckert, Sandra
| 1643670000 | SAFE Working Paper | |
Tobias Tröger | Capital and Liquidity Requirements for European Banks
Oxford EU Financial Regulation (Oxford University Press)
| Mar 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Tröger, Tobias
| 1646089200 | Published Paper |
Professor,
|
Christine Laudenbach, Benjamin Loos, Jenny Pirschel, Johannes Wohlfart | The Trading Response of Individual Investors to Local Bankruptcies
Journal of Financial Economics
| Nov 2021 |
Research Publications
|
Household Finance
| 2021 | Individual investors, risk-taking, trading, experiences |
Laudenbach, Christine
Loos, Benjamin
Pirschel, Jenny
Wohlfart, Johannes
| 1635721200 | Published Paper |
Professor,
|
Markus Kröll, Devesh Rustagi | Measuring Honesty and Explaining Adulteration in Naturally Occurring Markets
Journal of Development Economics
| May 2022 |
Research Publications
|
Law and Finance,
| 2022 | Motivation for honesty, asymmetric information, cheating, informal markets, die game, milk, India |
Rustagi, Devesh
Kröll, Markus
| 1651356000 | Published Paper | |
Alexander Hillert, Heiko Jacobs, Sebastian Müller | Media Makes Momentum
Review of Financial Studies
| Dec 2014 |
Research Publications
|
Financial Markets,
| 2014 | |
Hillert, Alexander
Jacobs, Heiko
Müller, Sebastian
| 1417388400 | Published Paper |
Professor,
|
Alexander Hillert, Heiko Jacobs | Alphabetic Bias, Investor Recognition, and Trading Behavior
Review of Finance
| Dec 2015 |
Research Publications
|
Financial Markets,
| 2015 | |
Hillert, Alexander
Jacobs, Heiko
| 1448924400 | Published Paper |
Professor,
|
Maug Ernst, Alexander Hillert, Stefan Obernberger | Stock Repurchases and Liquidity
Journal of Financial Economics
| Jan 2016 |
Research Publications
|
Financial Markets,
| 2016 | |
Ernst, Maug
Hillert, Alexander
Obernberger, Stefan
| 1451602800 | Published Paper |
Professor,
|
Alexander Hillert, Heiko Jacobs, Sebastian Müller | Journalist Disagreement
Journal of Financial Markets
| Nov 2018 |
Research Publications
|
Financial Markets,
| 2018 | |
Hillert, Alexander
Jacobs, Heiko
Müller, Sebastian
| 1541026800 | Published Paper |
Professor,
|
Anastasia Kotovskaia, Tobias Tröger | National Interests and Supranational Resolution in the European Banking Union
SAFE Working Paper No. 340
| Feb 2022 |
Working Papers
|
Financial Intermediation,
Law and Finance,
Financial Markets
| 2022 | SRB, SRF, bank resolution, banking union, bail-in, ESM, national interest, political economy, bureaucrats’ incentives |
Tröger, Tobias
Kotovskaia, Anastasia
| 1643670000 | SAFE Working Paper |
Professor,
|
Kevin Bauer, Oliver Hinz, Johanna Jagow, Cristina Mihale-Wilson, Maximilian Speicher, Moritz von Zahn | The Smart Green Nudge: Reducing Product Returns through Enriched Digital Footprints & Causal Machine Learning
SAFE Working Paper No. 363
| Oct 2022 |
Working Papers
|
Financial Intermediation,
| 2022 | |
Mihale-Wilson, Cristina
von Zahn, Moritz
Bauer, Kevin
Jagow, Johanna
Speicher, Maximilian
Hinz, Oliver
| 1664575200 | SAFE Working Paper |
Professor,
|
Patrick Behr, Alejandro H. Drexler, Reint Gropp, Andre Guettler | Financial Incentives and Loan Officer Behavior: Multitasking and Allocation of Effort Under an Incomplete Contract
Journal of Financial and Quantitative Analysis
| Apr 2019 |
Research Publications
|
Financial Intermediation,
| 2019 | |
Behr, Patrick
Drexler, Alejandro H.
Gropp, Reint
Guettler, Andre
| 1554069600 | Published Paper | |
Roman Inderst, Stefan Thomas | Nachhaltigkeit und Wettbewerb: Zu einer Reform des Wettbewerbsrechts für die Erreichung von Nachhaltigkeitszielen
Policy Letter No. 94
| Jan 2022 |
Policy Letters
|
Law and Finance
| 2022 | Nachhaltigkeit, ESG, Wettbewerbsrecht |
Inderst, Roman
Thomas, Stefan
| 1640991600 | Policy Paper | |
Maximilian Lubda, Elsa Massoc | Social Media, Polarization and Democracy: A Multi-Methods Analysis of Polarized Users’ Interactions on Reddit’s r/WallStreetBets
SAFE Working Paper No. 337
| Jan 2022 |
Working Papers
|
Law and Finance
| 2022 | social media, polarization, democracy, investment forum |
Lubda, Maximilian
Massoc, Elsa
| 1640991600 | SAFE Working Paper | |
Victor Klockmann, Marie Claire Villeval, Alicia von Schenk | Artificial Intelligence, Ethics, and Intergenerational Responsibility
SAFE Working Paper No. 335
| Jan 2022 |
Working Papers
|
Household Finance,
| 2022 | |
von Schenk, Alicia
Klockmann, Victor
Villeval, Marie Claire
| 1640991600 | SAFE Working Paper | |
Matthias Goldmann | Contesting Austerity in the 1970s and 1980s - When Human Rights Went Missing
Contingency in International Law: On the Possibility of Different Legal Histories
| Apr 2021 |
Research Publications
|
Financial Intermediation,
Macro Finance
| 2021 | |
Goldmann, Matthias
| 1617228000 | Published Paper | |
Matthias Goldmann, Ingo Venzke, Armin von Bogdandy | Gemeinwohl im Völkerrecht. Eine Theorie internationaler öffentlicher Gewalt
Normative Ordnungen (Suhrkamp)
| Jan 2021 |
Research Publications
|
Financial Intermediation,
Law and Finance,
Macro Finance
| 2021 | |
von Bogdandy, Armin
Goldmann, Matthias
Venzke, Ingo
| 1609455600 | Published Paper | |
Matthias Goldmann | Finanzverfassung und kommunaler Finanzausgleich - Zum Begriff der Finanzkraftreihenfolge bei interkommunalen Umlagen
Die Öffentliche Verwaltung
| Jan 2021 |
Research Publications
|
Financial Intermediation,
Law and Finance
| 2021 | |
Goldmann, Matthias
| 1609455600 | Published Paper | |
Ester Faia, Andreas Fuster, Vincenzo Pezone, Basit Zafar | Biases in Information Selection and Processing: Survey Evidence from the Pandemic
forthcoming in The Review of Economics and Statistics
| Jan 2024 |
Research Publications
|
Law and Finance
| 2024 | Belief updating, confirmatory biases, endogenous informa- tion acquisition, media polarization, source dependence, COVID-19 |
Fuster, Andreas
Zafar, Basit
Faia, Ester
Pezone, Vincenzo
| 1704063600 | Published Paper | |
Mariano Massimiliano Croce, Tatyana Marchuk, Christian Schlag | The Leading Premium
Review of Financial Studies
| Aug 2023 |
Research Publications
|
Financial Markets
| 2023 | |
Marchuk, Tatyana
Schlag, Christian
Croce, Mariano Massimiliano
| 1690840800 | Published Paper |
Professor,
|
Monica Billio, Michele Costola, Iva Hristova, Carmelo Latino, Loriana Pelizzon | Sustainable Finance: A journey toward ESG and climate risk
SAFE Working Paper No. 349
| Apr 2022 |
Working Papers
|
Financial Markets
| 2022 | Environmental, social, and governance factors (ESG); credit risk; debt cost; equity cost; sovereign bonds; portfolio management |
Pelizzon, Loriana
Hristova, Iva
Latino, Carmelo
Costola, Michele
Billio, Monica
| 1648764000 | SAFE Working Paper |
Doctoral Student,
Professor,
|
Matteo Bagnara, Ruggero Jappelli | Liquidity Derivatives
SAFE Working Paper No. 358
| Sep 2022 |
Working Papers
|
Financial Markets
| 2022 | Asset Pricing, Market Liquidity, Liquidity Risk. |
Bagnara, Matteo
Jappelli, Ruggero
| 1661983200 | SAFE Working Paper |
Doctoral Student,
|
Pietro Dindo, Andrea Modena, Loriana Pelizzon | Risk Pooling, Intermediation Efficiency, and the Business Cycle
Journal of Economic Dynamics & Control
| Nov 2022 |
Research Publications
|
Financial Markets,
Macro Finance
| 2022 | Amplification, business cycle, efficiency, dampening, restricted market participation, risk pooling |
Dindo, Pietro
Modena, Andrea
Pelizzon, Loriana
| 1667257200 | Published Paper |
Professor,
|
Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Darya Yuferova | Market Liquidity and Competition Among Designated Market Makers
forthcoming in Management Science
| Jan 2024 |
Research Publications
|
Financial Markets,
| 2024 | esignated Market Makers (DMMs), Liquidity Provision |
Pelizzon, Loriana
Yuferova, Darya
Bellia, Mario
Subrahmanyam, Marti
| 1704063600 | Published Paper |
Professor,
|
Gianluca Anese, Marco Corazza, Michele Costola, Loriana Pelizzon | Impact of Public News Sentiment on Stock Market Index Return and Volatility
Computational Management Science
| Dec 2023 |
Research Publications
|
Financial Markets
| 2023 | Public financial news, Stock market, NLP, Dictionary, LSTM neural net- works, Investor sentiment, S&P 500 |
Costola, Michele
Pelizzon, Loriana
Corazza, Marco
Anese, Gianluca
| 1701385200 | Published Paper |
Professor,
|
Alperen Afşin Gözlügöl | Controlling Shareholders and Intra-Group Transactions: A Special Framework
University of Bologna Law Review
| Jul 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Gözlügöl, Alperen Afşin
| 1656626400 | Published Paper | |
Alperen Afşin Gözlügöl | Controlling Tunnelling Through Lending Arrangements: The Disciplining Effect of Lending Arrangements on Value-Diversion, Its Limits and Implications
European Business Law Review
| Dec 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Gözlügöl, Alperen Afşin
| 1669849200 | Published Paper | |
Alperen Afşin Gözlügöl | Blinded by Fairness: Why We Need (Strong) Procedural Safeguards in Screening Self-Dealing and Obtaining A Fair Price Is Not the Answer
European Business Organization Law Review
| Apr 2022 |
Research Publications
|
Law and Finance
| 2022 | |
Gözlügöl, Alperen Afşin
| 1648764000 | Published Paper | |
Alperen Afşin Gözlügöl | Related Party Transactions by Directors/Managers in Public Companies: A Data-Supported Analysis
Journal of Corporate Law Studies
| Jul 2021 |
Research Publications
|
Law and Finance
| 2021 | |
Gözlügöl, Alperen Afşin
| 1625090400 | Published Paper | |
Alperen Afşin Gözlügöl | Majority of the Minority Approval of Related Party Transactions: The Analysis of Institutional Shareholder Voting
European Company and Financial Law Review
| Dec 2021 |
Research Publications
|
Law and Finance
| 2021 | |
Gözlügöl, Alperen Afşin
| 1638313200 | Published Paper | |
Alperen Afşin Gözlügöl | The Political Economy of the Related Party Transactions Regulation in the Shareholders’ Rights Directive II
Yearbook of European Law (Oxford University Press)
| Feb 2020 |
Research Publications
|
Law and Finance
| 2020 | |
Gözlügöl, Alperen Afşin
| 1580511600 | Published Paper | |
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | Do Required Minimum Distribution 401(k) Rules Matter, and for Whom? Insights from a Lifecycle Model
Journal of Banking & Finance
| Sep 2023 |
Research Publications
|
Household Finance
| 2023 | |
Maurer, Raimond
Mitchell, Olivia S.
Horneff, Vanya
| 1693519200 | Published Paper | |
Raimond Maurer | Chancen und Risiken der kapitalgedeckten Alterssicherung
Vermögensbildungspolitik (Springer)
| Jan 2021 |
Research Publications
|
Household Finance
| 2021 | |
Maurer, Raimond
| 1609455600 | Published Paper | |
Ilya Dergunov, Christoph Meinerding, Christian Schlag | Extreme Inflation and Time-Varying Expected Consumption Growth
SAFE Working Paper No. 334
| Jan 2022 |
Working Papers
|
Financial Markets
| 2022 | |
Schlag, Christian
Meinerding, Christoph
Dergunov, Ilya
| 1640991600 | SAFE Working Paper |
Professor,
|
Sandra Eckert, Vincent R. Lindner, Andreas Nölke | Political Science Research on the Reasons for the (non) Adoption and (non) Implementation of EMU Reform Proposals: The State of the Art
SAFE Working Paper No. 339
| Jan 2022 |
Working Papers
|
Macro Finance
| 2022 | |
Lindner, Vincent R.
Eckert, Sandra
Nölke, Andreas
| 1640991600 | SAFE Working Paper | |
Andreas Nölke | For a Plurality of Economic and Social Models! Against a Monolithic Euro State!
Key Controversies in European Integration (Bloomsbury Publishing)
| Mar 2021 |
Research Publications
|
Macro Finance
| 2021 | |
Nölke, Andreas
| 1614553200 | Published Paper | |
Andreas Nölke | In Search of Institutional Complementarities: Comparative Capitalism and Economic Policy Reform
Journal of Economic Policy Reform
| Sep 2021 |
Research Publications
|
Macro Finance
| 2021 | |
Nölke, Andreas
| 1630447200 | Published Paper | |
Andreas Nölke | The Deformation of the Core by Dependency Relations: The Case of Germany in Europe
Dependent Capitalisms in Contemporary Latin America and Europe. International Political Economy Series (Springer)
| Jan 2021 |
Research Publications
|
Macro Finance
| 2021 | |
Nölke, Andreas
| 1609455600 | Published Paper | |
Sandra Eckert | The European Green Deal and the EU’s Regulatory Power in Times of Crisis
The JCMS Annual Review of the European Union in 2020
| Sep 2021 |
Research Publications
|
Macro Finance
| 2021 | |
Eckert, Sandra
| 1630447200 | Published Paper | |
Vincent R. Lindner | Solidarity without Conditionality. Comparing the EU Covid-19 Safety Nets SURE, Pandemic Crisis Support, and European Guarantee Fund
SAFE Working Paper No. 333
| Jan 2022 |
Working Papers
|
Macro Finance
| 2022 | |
Lindner, Vincent R.
| 1640991600 | SAFE Working Paper | |
Benedikt Happ, Tobias Tröger | Beschlussmängelrecht nach dem MoPeG: Bestandsaufnahme, Kritik und Fortentwicklung
Zeitschrift für Wirtschaftsrecht
| Jan 2021 |
Research Publications
|
Law and Finance
| 2021 | |
Happ, Benedikt
Tröger, Tobias
| 1609455600 | Published Paper |
Professor,
|
Rainer Haselmann, Tobias Tröger | When and How to Unwind COVID-Support Measures to the Banking System?
Financial Stability amidst the Pandemic Crisis: On Top of the Wave
| Jul 2021 |
Research Publications
|
Law and Finance
| 2021 | Covid-19, Forbearance, Bank Capitalization, Bank Resolution, Supervisory Relief Measures, Financial Stability |
Haselmann, Rainer
Tröger, Tobias
| 1625090400 | Published Paper |
Professor,
|
Tobias Tröger | Personelle Reichweite aktienrechtlicher Stimmverbote bei Aktionärsgruppen mit einheitlicher Interessenausrichtung
Festschrift für Barbara Grunewald
| Aug 2021 |
Research Publications
|
Law and Finance
| 2021 | |
Tröger, Tobias
| 1627768800 | Published Paper |
Professor,
|
Benedikt Happ, Tobias Tröger | Unzulängliche Institutionenbildung im Beschlussmängelrecht der Personengesellschaft
Neue Zeitschrift für Gesellschaftsrecht
| Jan 2021 |
Research Publications
|
Law and Finance
| 2021 | |
Happ, Benedikt
Tröger, Tobias
| 1609455600 | Published Paper |
Professor,
|
Victor Klockmann, Marie Claire Villeval, Alicia von Schenk | Artificial Intelligence, Ethics, and Pivotality
SAFE Working Paper No. 336
| Jan 2022 |
Working Papers
|
Household Finance,
| 2022 | Artificial Intelligence, Big Data, Pivotality, Ethics, Experiment |
Klockmann, Victor
von Schenk, Alicia
Villeval, Marie Claire
| 1640991600 | SAFE Working Paper | |
Kevin Bauer, Yan Chen, Florian Hett, Michael Kosfeld | Group Identity and Belief Formation: A Decomposition of Political Polarization
SAFE Working Paper No. 409
| Dec 2023 |
Working Papers
| | 2023 | |
Bauer, Kevin
Chen, Yan
Hett, Florian
Kosfeld, Michael
| 1701385200 | SAFE Working Paper |
Professor,
|
Gyozo Gyöngyösi, Judit Rariga, Emil Verner | The Anatomy of Consumption in a Household Foreign Currency Debt Crisis
SAFE Working Paper No. 332
| Dec 2021 |
Working Papers
|
Household Finance
| 2021 | |
Gyöngyösi, Gyozo
Rariga, Judit
Verner, Emil
| 1638313200 | SAFE Working Paper | |
Joost Driessen, Theo E. Nijman, Zorka Simon | A Simple Approach to Estimate Long-Term Interest Rates
forthcoming in Journal of Pension Economics and Finance
| Jan 2024 |
Research Publications
|
Financial Markets,
| 2024 | Sovereign Bonds, Term Structure of Interest Rates, Segmentation, Liquidity, Flight-to-safety, Credit Risk, Unconventional Monetary Policy |
Driessen, Joost
Nijman, Theo E.
Simon, Zorka
| 1704063600 | Published Paper | |
Nina Biljanovska, Spyridon Palligkinis | Control Thyself: Self-Control Failure and Household Wealth
Journal of Banking & Finance
| Jul 2018 |
Research Publications
|
Household Finance,
Macro Finance
| 2018 | Self-Control, Household Wealth, Household Finance |
Biljanovska, Nina
Palligkinis, Spyridon
| 1530396000 | Published Paper | |
Alexander Ludwig, Matthias Schön | Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods
Computational Economics (Springer)
| Mar 2018 |
Research Publications
|
Household Finance,
Macro Finance
| 2018 | Dynamic Models, Numerical Solution, Method of Endogenous Gridpoints, Delaunay Interpolation |
Ludwig, Alexander
Schön, Matthias
| 1519858800 | Published Paper | |
Shafik Hebous, Tom Zimmermann | Revisiting the Narrative Approach of Estimating Tax Multipliers
The Scandinavian Journal of Economics
| Apr 2018 |
Research Publications
|
Macro Finance
| 2018 | Narrative Approach, Fiscal Stabilization, Tax Multiplier, Weak Instruments |
Hebous, Shafik
Zimmermann, Tom
| 1522533600 | Published Paper | |
Ruggero Jappelli, Loriana Pelizzon, Alberto Plazzi | The Core, the Periphery, and the Disaster: Corporate-Sovereign Nexus in COVID-19 Times
SAFE Working Paper No. 331
| Dec 2021 |
Working Papers
|
Financial Markets
| 2021 | |
Pelizzon, Loriana
Jappelli, Ruggero
Plazzi, Alberto
| 1638313200 | SAFE Working Paper |
Doctoral Student,
Professor,
|
Iñaki Aldasoro, Iván Alves | Multiplex Interbank Networks and Systemic Importance: An Application to European Data
Journal of Financial Stability
| Apr 2018 |
Research Publications
|
Macro Finance
| 2018 | interbank networks, systemic importance, multiplex networks |
Aldasoro, Iñaki
Alves, Iván
| 1522533600 | Published Paper | |
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek | Optimal Social Security Claiming Behavior under Lump Sum Incentives: Theory and Evidence
Journal of Risk and Insurance
| Mar 2021 |
Research Publications
|
Household Finance
| 2021 | Annuity, delayed retirement, lifetime income, pension, early retirement, Social Security |
Maurer, Raimond
Mitchell, Olivia S.
Rogalla, Ralph
Schimetschek, Tatjana
| 1614553200 | Published Paper | |
Giovanni Bonaccolto, Massimiliano Caporin, Roberto Panzica | Estimation and Model-Based Combination of Causality Networks
Journal of Empirical Finance
| Dec 2019 |
Research Publications
|
Financial Markets
| 2019 | Granger causality, quantile causality, multi-layer network, network combination |
Bonaccolto, Giovanni
Caporin, Massimiliano
Panzica, Roberto
| 1575154800 | Published Paper | |
Michael Donadelli, Patrick Grüning | Innovation Dynamics and Fiscal Policy: Implications for Growth, Asset Prices, and Welfare
The North American Journal of Economics and Finance
| Jul 2021 |
Research Publications
|
Financial Markets
| 2021 | Endogenous growth, Asset pricing, Government, Fiscal policy, Heterogeneous innovation |
Donadelli, Michael
Grüning, Patrick
| 1625090400 | Published Paper | |
Andreas Barth, Deyan Radev | Integration Culture of Global Banks and the Transmission of Lending Shocks
Journal of Banking & Finance
| Jan 2022 |
Research Publications
|
Financial Intermediation
| 2022 | |
Barth, Andreas
Radev, Deyan
| 1640991600 | Published Paper | |
Tobias Tröger | Why MREL Won’t Help Much: Minimum Requirements for Bail-In Capital as an Insufficient Remedy for Defunct Private Sector Involvement Under the European Bank Resolution Framework
Journal of Banking Regulation
| Feb 2019 |
Research Publications
|
Financial Intermediation
| 2019 | MREL, TLAC, G-SIB, bail-in, bank resolution |
Tröger, Tobias
| 1548975600 | Published Paper |
Professor,
|
Baptiste Massenot, Yuri Pettinicchi | Can Firms See into the Future? Survey Evidence from Germany
Journal of Economic Behavior & Organization
| Jan 2018 |
Research Publications
|
Macro Finance
| 2018 | Expectation formation; Expectation error; Learning; Extrapolation; Experience |
Pettinicchi, Yuri
Massenot, Baptiste
| 1514761200 | Published Paper | |
Michael Donadelli, Patrick Grüning, Marcus Jüppner, Renatas Kizys | Global Temperature, R&D Expenditure, and Growth
Energy Economics
| Dec 2021 |
Research Publications
|
Financial Markets
| 2021 | Global Temperature, R&D, Welfare Costs |
Donadelli, Michael
Grüning, Patrick
Jüppner, Marcus
Kizys, Renatas
| 1638313200 | Published Paper | |
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | How Persistent Low Expected Returns Alter Optimal Life Cycle Saving, Investment, and Retirement Behavior
How Persistent Low Returns Will Shape Saving and Retirement (University Press Scholarship Online)
| Oct 2018 |
Research Publications
|
Household Finance
| 2018 | dynamic portfolio choice; 401(k) plan; saving; Social Security claiming age; retirement income; minimum distribution requirements; tax |
Horneff, Vanya
Maurer, Raimond
Mitchell, Olivia S.
| 1538344800 | Published Paper | |
Tobias Tröger | Regulation of Crowdfunding in Germany
Legal Aspects of Crowdfunding. In: Ius Comparatum - Global Studies in Comparative Law (Springer)
| Nov 2021 |
Research Publications
|
Law and Finance
| 2021 | crowdfunding, crowdsponsoring, crowdlending, crowdinvesting, contract law, conflict of laws, banking regulation, securities regulation |
Tröger, Tobias
| 1635721200 | Published Paper |
Professor,
|
Dirk Krueger, Alexander Ludwig, Sergio Villalvazo | Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk
Journal of Public Economics
| Sep 2021 |
Research Publications
|
Macro Finance
| 2021 | Idiosyncratic riskTaxation of capitalOverlapping generationsPrecautionary savingPecuniary externalities |
Krueger, Dirk
Ludwig, Alexander
Villalvazo, Sergio
| 1630447200 | Published Paper | |
Luca Enriques, Tobias Tröger | Germany’s Reluctance to Regulate Related Party Transactions: An Industrial Organization Perspective
The Law and Finance of Related Party Transactions (Cambridge University Press)
| Jun 2019 |
Research Publications
|
Law and Finance
| 2019 | related party transactions, Germany Inc., industrial organization, tunneling, private benefits of control, capital maintenance, group law |
Enriques, Luca
Tröger, Tobias
| 1559340000 | Published Paper |
Professor,
|
Florian Hoffmann, Roman Inderst, Marcus Opp | Only Time will Tell: A Theory of Deferred Compensation
The Review of Economic Studies
| May 2021 |
Research Publications
|
Law and Finance
| 2021 | Compensation design, duration of pay, moral hazard, persistence, principal- agent models, informativeness principle |
Hoffmann, Florian
Inderst, Roman
Opp, Marcus
| 1619820000 | Published Paper | |
Andreas Hackethal, Steffen Meyer, Charline Uhr | Smoking Hot Portfolios? Overtrading from Self-Control Failure
Journal of Empirical Finance
| Sep 2021 |
Research Publications
|
Household Finance
| 2021 | self-control; portfolio allocation; individual investor; trading behavior |
Uhr, Charline
Meyer, Steffen
Hackethal, Andreas
| 1630447200 | Published Paper |
Professor,
|
Matthias Thiemann, Tobias Tröger | Detecting Tail Risks to Preclude Regulatory Arbitrage - The Case for a Normatively Charged Approach to Regulating Shadow Banking
Accounting, Economics, and Law: A Convivium
| Jul 2020 |
Research Publications
|
Law and Finance
| 2020 | shadow banking, regulatory arbitrage, principles-based regulation, credit funds, prudential supervision, non-bank financial intermediation |
Thiemann, Matthias
Tröger, Tobias
| 1593554400 | Published Paper |
Professor,
|
Dimitrios Kostopoulos, Steffen Meyer, Charline Uhr | Ambiguity About Volatility and Investor Behavior
Journal of Financial Economics
| Jul 2022 |
Research Publications
|
Household Finance
| 2022 | |
Kostopoulos, Dimitrios
Meyer, Steffen
Uhr, Charline
| 1656626400 | Published Paper | |
Tobias Tröger | Bewertung des Vorschlags der BaFin für eine Richtlinie für nachhaltige Investmentvermögen
Policy Letter No. 93
| Dec 2021 |
Policy Letters
|
Law and Finance
| 2021 | Sustainable Finance, Regulierung, Nachhaltigkeit, Offenlegungspflichten, BaFin |
Tröger, Tobias
| 1638313200 | Policy Paper | |
Jan Krzyzanowski, Uwe Walz | Bank Regulation, Lending and Patenting: Evidence from the EBA Capital Exercise
SAFE Working Paper No. 330
| Dec 2021 |
Working Papers
|
Financial Intermediation
| 2021 | financing, bank lending, patents |
Krzyzanowski, Jan
Walz, Uwe
| 1638313200 | SAFE Working Paper |
Professor,
|
Jana Eisenkopf, Steffen Juranek, Uwe Walz | Responsible Investment and Stock Market Shocks: Short-Term Insurance and Persistent Outperformance Post-Crisis?
SAFE Working Paper No. 329
| Dec 2021 |
Working Papers
|
Financial Intermediation
| 2021 | Responsible investment, ESG, stock market crisis, persistence |
Eisenkopf, Jana
Juranek, Steffen
Walz, Uwe
| 1638313200 | SAFE Working Paper |
Professor,
|
Benjamin Clapham, Peter Gomber, Michael Siering | Popular News Are Relevant News! How Investor Attention Affects Algorithmic Decision-Making and Decision Support in Financial Markets
Information Systems Frontiers
| Nov 2021 |
Research Publications
|
Financial Markets
| 2021 | |
Clapham, Benjamin
Siering, Michael
Gomber, Peter
| 1635721200 | Published Paper | |
Micha Bender, Benjamin Clapham, Peter Gomber, Jascha-Alexander Koch | To Bundle or Not to Bundle? A Review of Soft Commissions and Research Unbundling
Financial Analysts Journal
| Jun 2021 |
Research Publications
|
Financial Markets
| 2021 | |
Bender, Micha
Clapham, Benjamin
Gomber, Peter
Koch, Jascha-Alexander
| 1622498400 | Published Paper | |
Micha Bender, Tino Cestonaro, Peter Gomber, Jascha-Alexander Koch | Research Unbundling and COVID-19: Will Europe's Capital Markets Recovery Package Help?
Journal of Investing
| Dec 2021 |
Research Publications
|
Financial Markets
| 2021 | |
Bender, Micha
Cestonaro, Tino
Gomber, Peter
Koch, Jascha-Alexander
| 1638313200 | Published Paper | |
Hoang Ha Nguyen Thi, Alfons J. Weichenrieder | C and S Corporation Banks: Did Trump’s Tax Reform Lead to Differential Effects?
SAFE Working Paper No. 328
| Dec 2021 |
Working Papers
|
Macro Finance
| 2021 | Tax Cuts and Jobs Act, corporate taxation, S corporations, C corporations, banks |
Nguyen Thi, Hoang Ha
Weichenrieder, Alfons J.
| 1638313200 | SAFE Working Paper | |
Otmar Issing | Central Banks – independent or almighty?
Policy Letter No. 92
| Nov 2021 |
Policy Letters
|
Macro Finance
| 2021 | Central banks |
Issing, Otmar
| 1635721200 | Policy Paper | |
Fincap Team, Jan Pieter Krahnen, Loriana Pelizzon, Christian Westheide | Non-Standard Errors
SAFE Working Paper No. 327
| Nov 2021 |
Working Papers
|
Financial Intermediation,
Financial Markets
| 2021 | non-standard errors, multi-analyst approach, liquidity |
Westheide, Christian
Fincap Team,
Pelizzon, Loriana
Krahnen, Jan Pieter
| 1635721200 | SAFE Working Paper |
Professor,
Professor,
|
Wenhui Li, Peter Ockenfels, Christian Wilde | The Effect of Ambiguity on Price Formation and Trading Behavior in Financial Markets
SAFE Working Paper No. 326
| Nov 2021 |
Working Papers
|
Financial Markets,
| 2021 | ambiguity, financial market, market price, volatility, trading activity, bid- ask spread, market-based measure of ambiguity, laboratory experiment |
Li, Wenhui
Ockenfels, Peter
Wilde, Christian
| 1635721200 | SAFE Working Paper | |
Alperen Afşin Gözlügöl | The 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
| Nov 2021 |
Working Papers
|
Law and Finance
| 2021 | climate change, sustainability, ESG, employees, workforce, net zero transition, corporate governance, institutional investors, green finance |
Gözlügöl, Alperen Afşin
| 1635721200 | SAFE Working Paper | |
Gyozo Gyöngyösi, Emil Verner | Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis
American Economic Review
| Sep 2020 |
Research Publications
|
Household Finance
| 2020 | |
Gyöngyösi, Gyozo
Verner, Emil
| 1598911200 | Published Paper | |
Gyozo Gyöngyösi, Emil Verner | Financial Crisis, Creditor-Debtor Conflict, and Populism
Journal of Finance
| Aug 2022 |
Research Publications
|
Household Finance
| 2022 | |
Gyöngyösi, Gyozo
Verner, Emil
| 1659304800 | Published Paper | |
Andreas Hackethal, Tobin Hanspal, Dominique Lammer, Kevin Rink | The Characteristics and Portfolio Behavior of Bitcoin Investors: Evidence from Indirect Cryptocurrency Investments
Review of Finance
| Jul 2022 |
Research Publications
|
Household Finance
| 2022 | Bitcoin, Cryptocurrencies, Structured retail products, Retail investors, Household finance, Investor behavior |
Hackethal, Andreas
Hanspal, Tobin
Lammer, Dominique
Rink, Kevin
| 1656626400 | Published Paper |
Professor,
|
Monica Billio, Bertrand B. Maillet, Loriana Pelizzon | A Meta-Measure of Performance Related to Both Investors and Investments Characteristics
Annals of Operations Research
| Jan 2022 |
Research Publications
|
Financial Markets
| 2022 | |
Billio, Monica
Pelizzon, Loriana
Maillet, Bertrand B.
| 1640991600 | Published Paper |
Professor,
|
Monica Billio, Massimiliano Caporin, Lorenzo Frattarolo, Loriana Pelizzon | Networks in Risk Spillovers: A Multivariate GARCH Perspective
Econometrics and Statistics
| Oct 2023 |
Research Publications
|
Financial Intermediation,
| 2023 | spatial GARCH; network; risk spillover; nancial spillover |
Billio, Monica
Pelizzon, Loriana
Caporin, Massimiliano
Frattarolo, Lorenzo
| 1696111200 | Published Paper |
Professor,
|
Katja Langenbucher, Loriana Pelizzon | Short Selling – On Ethics, Politics, and Culture
Zeitschrift für Bankrecht und Bankwirtschaft
| Oct 2021 |
Research Publications
|
Financial Markets
| 2021 | |
Pelizzon, Loriana
Langenbucher, Katja
| 1633039200 | Published Paper |
Professor,
Professor,
|
Jan Pieter Krahnen, Jörg Rocholl, Marcel Thum | A primer on green finance: From wishful thinking to marginal impact
White Paper No. 87
| Oct 2021 |
White Papers
|
Financial Markets
| 2021 | Green Finance, Climate Change, Sustainability, Taxonomy, ESG |
Rocholl, Jörg
Thum, Marcel
Krahnen, Jan Pieter
| 1633039200 | Policy Paper |
Professor,
|
Massimiliano Caporin, Michele Costola | Time-Varying Granger Causality Tests for Applications in Global Crude Oil Markets: A Study on the DCC-MGARCH Hong Test
SAFE Working Paper No. 324
| Oct 2021 |
Working Papers
|
Financial Markets
| 2021 | Granger Causality, Hong test, DCC-GARCH, Oil market, COVID-19 |
Costola, Michele
Caporin, Massimiliano
| 1633039200 | SAFE Working Paper | |
Alexandre Corhay, Thilo Kind, Howard Kung, Gonzalo Morales | Discount Rates, Debt Maturity, and the Fiscal Theory
Journal of Finance
| Dec 2023 |
Research Publications
|
Financial Intermediation
| 2023 | Term structure of interest rates, Fiscal theory of the price level, Bond risk premia, Government debt, DSGE models, Nonlinear solution methods |
Kind, Thilo
Morales, Gonzalo
Corhay, Alexandre
Kung, Howard
| 1701385200 | Published Paper | |
Alexandre Corhay, Thilo Kind, Howard Kung, Gonzalo Morales | Discount Rates, Debt Maturity, and the Fiscal Theory
SAFE Working Paper No. 323
| Oct 2021 |
Working Papers
|
Macro Finance
| 2021 | Term structure of interest rates, Fiscal theory of the price level, Bond risk premia, Government debt, DSGE models, Nonlinear solution methods |
Corhay, Alexandre
Kind, Thilo
Kung, Howard
Morales, Gonzalo
| 1633039200 | SAFE Working Paper | |
Gianluca Anese, Marco Corazza, Michele Costola, Loriana Pelizzon | Impact of Public News Sentiment on Stock Market Index Return and Volatility
SAFE Working Paper No. 322
| Oct 2021 |
Working Papers
|
Financial Markets
| 2021 | Public financial news, Stock market, NLP, Dictionary, LSTM neural net- works, Investor sentiment, S&P 500 |
Pelizzon, Loriana
Costola, Michele
Anese, Gianluca
Corazza, Marco
| 1633039200 | SAFE Working Paper |
Professor,
|
Dmitry Kuvshinov, Niklas Kaspar Zimmermann | The Big Bang: Stock Market Capitalization in the Long Run
Journal of Financial Economics
| Aug 2022 |
Research Publications
|
Macro Finance
| 2022 | Stock market capitalizationEquity issuanceCorporate profitsWealth-to-income ratiosLong-run trends |
Zimmermann, Niklas Kaspar
Kuvshinov, Dmitry
| 1659304800 | Published Paper | |
| Prioritäten für die Bundestagswahl 2021 im Finanzbereich
Policy Letter No. 91
| Sep 2021 |
Policy Letters
|
Financial Markets
| 2021 | Klimawandel, Green Finance, Digitalisierung, Finanzstabilität, Bankenunion, Kapitalmarktunion, Altersversorgung | | 1630447200 | Policy Paper | |
Dennis Gram, Pantelis Karapanagiotis, Jan Krzyzanowski, Marius Liebald, Uwe Walz | An Extensible Model for Historical Financial Data with an Application to German Company and Stock Market Data
In Proceedings of the ICTeSSH 2021 conference
| Jul 2021 |
Research Publications
|
Financial Intermediation,
| 2021 | |
Gram, Dennis
Karapanagiotis, Pantelis
Krzyzanowski, Jan
Liebald, Marius
Walz, Uwe
| 1625090400 | Published Paper |
Professor,
|
Ignazio Angeloni, Johannes Kasinger, Chantawit Tantasith | The Geography of Banks in the United States (1990-2020)
SAFE Working Paper No. 321
| Sep 2021 |
Working Papers
|
Financial Intermediation
| 2021 | |
Angeloni, Ignazio
Kasinger, Johannes
Tantasith, Chantawit
| 1630447200 | SAFE Working Paper | |
Sebastian Steuer, Tobias Tröger | The Role of Disclosure in Green Finance
SAFE Working Paper No. 320
| Aug 2021 |
Working Papers
|
Law and Finance
| 2021 | |
Steuer, Sebastian
Tröger, Tobias
| 1627768800 | SAFE Working Paper |
Professor,
|
Erik Theissen, Christian Westheide | Call of Duty: Designated Market Maker Participation in Call Auctions
SAFE Working Paper No. 319
| Aug 2021 |
Working Papers
|
Financial Markets
| 2021 | |
Theissen, Erik
Westheide, Christian
| 1627768800 | SAFE Working Paper | |
Michele Costola, Matteo Iacopini, Carlo R.M.A. Santagiustina | On the “Mementum” of Meme Stocks
Economics Letters
| Aug 2021 |
Research Publications
|
Financial Markets
| 2021 | Meme stocksSocial mediaSocial tradingCointegrationRegime switching |
Costola, Michele
Iacopini, Matteo
Santagiustina, Carlo R.M.A.
| 1627768800 | Published Paper | |
Kevin Bauer, Michael Kosfeld, Ferdinand von Siemens | Incentives, Self-Selection, and Coordination of Motivated Agents for the Production of Social Goods
SAFE Working Paper No. 318
| Jan 2021 |
Working Papers
|
Financial Intermediation,
| 2021 | |
Bauer, Kevin
Kosfeld, Michael
von Siemens, Ferdinand
| 1609455600 | SAFE Working Paper |
Professor,
|
Volker Flögel, Christian Schlag, Claudia Zunft | Momentum-Managed Equity Factors
Journal of Banking and Finance
| Jan 2023 |
Research Publications
|
Financial Markets
| 2023 | factor timing, time series momentum, anomalies |
Flögel, Volker
Schlag, Christian
Zunft, Claudia
| 1672527600 | Published Paper |
Professor,
|
Volker Flögel, Christian Schlag, Claudia Zunft | Momentum-Managed Equity Factors
SAFE Working Paper No. 317
| Jul 2021 |
Working Papers
|
Financial Markets
| 2021 | factor timing, time series momentum, anomalies |
Flögel, Volker
Schlag, Christian
Zunft, Claudia
| 1625090400 | SAFE Working Paper |
Professor,
|
Rainer Haselmann, Tobias Tröger | What 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
| Jul 2021 |
White Papers
|
Law and Finance
| 2021 | Bank Supervision, Economic Governance, Banking Union, Brexit |
Tröger, Tobias
Haselmann, Rainer
| 1625090400 | Policy Paper |
Professor,
|
Christian Mücke, Loriana Pelizzon, Vincenzo Pezone, Anjan Thakor | The Carrot and the Stick: Bank Bailouts and the Disciplining Role of Board Appointments
SAFE Working Paper No. 316
| Jul 2021 |
Working Papers
|
Financial Markets
| 2021 | Bank Bailout, TARP, Capital Purchase Program, Dividend Pay- ments, Board Appointments, Bank Recapitalization |
Mücke, Christian
Thakor, Anjan
Pezone, Vincenzo
Pelizzon, Loriana
| 1625090400 | SAFE Working Paper |
Doctoral Student,
Professor,
|
Barbara Kaschützke, Raimond Maurer | Staatliche Sicherung und Eigenvorsorge in der Sozialen Marktwirtschaft der Bundesrepublik Deutschland
Policy Letter No. 90
| May 2021 |
Policy Letters
|
Household Finance
| 2021 | Soziale Marktwirtschaft, staatliche Sozialversicherung, private Vermögensbildung, demographischer Wandel |
Kaschützke, Barbara
Maurer, Raimond
| 1619820000 | Policy Paper | |
Monica Billio, Michele Costola, Loriana Pelizzon, Max Riedel | Buildings' Energy Efficiency and the Probability of Mortgage Default: The Dutch Case
Journal of Real Estate Finance and Economics
| May 2022 |
Research Publications
|
Financial Markets,
| 2022 | Mortgages, Energy Eciency, Credit Risk |
Riedel, Max
Pelizzon, Loriana
Billio, Monica
Costola, Michele
| 1651356000 | Published Paper |
Professor,
|
Monica Billio, Michele Costola, Iva Hristova, Carmelo Latino, Loriana Pelizzon | Inside the ESG Ratings: (Dis)agreement and Performance
Corporate Social Responsibility and Environmental Management, Special Issue on Environmental, Social, Governance: Implications for Businesses and Effects for Stakeholders
| Oct 2021 |
Research Publications
|
Financial Markets
| 2021 | |
Billio, Monica
Hristova, Iva
Latino, Carmelo
Pelizzon, Loriana
Costola, Michele
| 1633039200 | Published Paper |
Doctoral Student,
Professor,
|
Mila Getmansky Sherman, Ravi Jagannathan, Loriana Pelizzon, Ernst Schaumburg, Darya Yuferova | Recovery from Fast Crashes: Role of Mutual Funds
Journal of Financial Markets
| Jun 2022 |
Research Publications
|
Financial Markets,
| 2022 | Liquidity Provision; Market Fragility; Flash Crash; Slow-Moving Capital |
Yuferova, Darya
Schaumburg, Ernst
Jagannathan, Ravi
Getmansky Sherman, Mila
Pelizzon, Loriana
| 1654034400 | Published Paper |
Professor,
|
Farshid Abdi, Mila Getmansky Sherman, Emily Kormanyos, Loriana Pelizzon, Zorka Simon | The President Reacts to News Channel of Government Communication
SAFE Working Paper No. 314
| May 2021 |
Working Papers
|
Financial Markets
| 2021 | Market efficiency, Social media, Twitter, High-frequency event study, Machine learning, ETFs. |
Simon, Zorka
Kormanyos, Emily
Getmansky Sherman, Mila
Pelizzon, Loriana
Abdi, Farshid
| 1619820000 | SAFE Working Paper |
Professor,
|
Thomas Huertas | Reset required: The euro area crisis management and deposit insurance framework
White Paper No. 85
| Apr 2021 |
White Papers
|
Financial Intermediation
| 2021 | Deposit Insurance, Crisis Management, BRRD, Resolution |
Huertas, Thomas
| 1617228000 | Policy Paper | |
Kevin Bauer, Andrej Gill | Mirror, Mirror on the Wall: Machine Predictions and Self-Fulfilling Prophecies
SAFE Working Paper No. 313
| Apr 2021 |
Working Papers
|
Financial Intermediation,
| 2021 | Algorithmic transparency, algorithmic decision support, human–machine interaction |
Gill, Andrej
Bauer, Kevin
| 1617228000 | SAFE Working Paper | |
Johannes Kasinger, Lukas Nöh, Alfons J. Weichenrieder | Zinsänderungsrisiken und langfristige Zinsbindung vor dem Hintergrund der hessischen Zinsswaps
Perspektiven der Wirtschaftspolitik
| Jan 2019 |
Research Publications
|
Macro Finance
| 2019 | |
Nöh, Lukas
Weichenrieder, Alfons J.
Kasinger, Johannes
| 1546297200 | Published Paper | |
Kunka Petkova, Alfons J. Weichenrieder | The Relevance of Depreciation Allowances as a Fiscal Policy Instrument: A Hybrid Approach to CCCTB?
Empirica
| Aug 2020 |
Research Publications
|
Macro Finance
| 2020 | |
Petkova, Kunka
Weichenrieder, Alfons J.
| 1596232800 | Published Paper | |
Elsa Massoc | Fifty 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
| Jan 2022 |
Working Papers
|
Law and Finance
| 2022 | finance, opinion, social media, discourse analysis |
Massoc, Elsa
| 1640991600 | SAFE Working Paper | |
Theresa Kreft | Bankenstrukturreformen in Deutschland und dem Vereinigten Königreich
Schriften zum Unternehmens- und Kapitalmarktrecht 68 (Mohr Siebeck)
| Jan 2019 |
Research Publications
|
Law and Finance
| 2019 | |
Kreft, Theresa
| 1546297200 | Published Paper | |
Kevin Bauer, Oliver Hinz, Christof Weinhardt, Wil van der Aalst | Expl(AI)n It to Me – Explainable AI and Information Systems Research
Business & Information Systems Engineering
| Feb 2021 |
Research Publications
|
Financial Intermediation,
| 2021 | |
Bauer, Kevin
Hinz, Oliver
Weinhardt, Christof
van der Aalst, Wil
| 1612134000 | Published Paper |
Professor,
|
Kevin Bauer, Rebecca Heigl, Oliver Hinz, Michael Kosfeld | The Terminator of Social Welfare? - The Economic Consequences of Algorithmic Discrimination
forthcoming in Journal of the Association of Information Systems
| Jan 2024 |
Research Publications
|
Financial Intermediation,
| 2024 | |
Hinz, Oliver
Heigl, Rebecca
Bauer, Kevin
Kosfeld, Michael
| 1704063600 | Published Paper |
Professor,
Professor,
|
Can Gao, Ian Martin | Volatility, Valuation Ratios, and Bubbles: An Empirical Measure of Market Sentiment
Journal of Finance
| Jul 2021 |
Research Publications
|
Financial Markets
| 2021 | bubbles, Option prices, sentiment, valuation ratios, volatility |
Martin, Ian
Gao, Can
| 1625090400 | Published Paper | |
Can Gao, Ian Martin | Volatility, Valuation Ratios, and Bubbles: An Empirical Measure of Market Sentiment
SAFE Working Paper No. 312
| Jan 2021 |
Working Papers
|
Financial Markets
| 2021 | bubbles, Option prices, sentiment, valuation ratios, volatility |
Martin, Ian
Gao, Can
| 1609455600 | SAFE Working Paper | |
Patrick Blank, Ann-Katrin Kaufhold, Jan Pieter Krahnen, Katja Langenbucher | BaFin (in)dependence – A reform proposal
White Paper No. 82
| Mar 2021 |
White Papers
|
Law and Finance,
Financial Markets
| 2021 | Capital markets, supervision, Wirecard |
Kaufhold, Ann-Katrin
Blank, Patrick
Langenbucher, Katja
Krahnen, Jan Pieter
| 1614553200 | Policy Paper |
Professor,
Professor,
|
Konstantin Bräuer, Andreas Hackethal, Tobin Hanspal | Consuming Dividends
Review of Financial Studies
| Oct 2022 |
Research Publications
|
Household Finance
| 2022 | Consumption, Stock market wealth, Dividends, Excess sensitivity, Self-control, Household finance, Retail investor |
Bräuer, Konstantin
Hackethal, Andreas
Hanspal, Tobin
| 1664575200 | Published Paper |
Professor,
|
Andreas Nölke | Capitalist Diversity in Europe
The Routledge Handbook of Critical European Studies (Routledge Taylor & Francis Group)
| Dec 2021 |
Research Publications
|
Macro Finance
| 2021 | |
Nölke, Andreas
| 1638313200 | Published Paper | |
Vincent R. Lindner | Conflict or Cooperation? Explaining the European Commission’s and Social Partners’ Preferences for Low-Level Social Dialogue
The Role of Social Partners in Managing Europe’s Great Recession Crisis Corporatism or Corporatism in Crisis? (Routledge Taylor & Francis Group)
| Jul 2021 |
Research Publications
|
Macro Finance
| 2021 | |
Lindner, Vincent R.
| 1625090400 | Published Paper | |
Kevin Bauer, Oliver Hinz, Moritz von Zahn | Expl(AI)ned: The Impact of Explainable Artificial Intelligence on Users' Information Processing
SAFE Working Paper No. 315
| Jun 2021 |
Working Papers
|
Financial Intermediation,
| 2021 | XAI, explainable machine learning, Information Processing, Belief up-dating, algorithmic transparency |
Bauer, Kevin
von Zahn, Moritz
Hinz, Oliver
| 1622498400 | SAFE Working Paper |
Professor,
|
Elsa Massoc | When Do Banks Do What Governments Tell Them to Do? A Comparative Study of Greek Bonds’ Management in France and Germany at the Onset of the Euro-Crisis'
New Political Economy
| Sep 2020 |
Research Publications
|
Financial Intermediation
| 2020 | |
Massoc, Elsa
| 1598911200 | Published Paper | |
Johannes Kasinger, Jan Pieter Krahnen, Steven Ongena, Loriana Pelizzon, Maik Schmeling, Mark Wahrenburg | Non-performing Loans - New risks and policies?
White Paper No. 84
| Mar 2021 |
White Papers
|
Financial Markets
| 2021 | Covid-19, Non-performing Loans, Bank Resolution, Secondary Loan Markets, BRRD |
Krahnen, Jan Pieter
Wahrenburg, Mark
Ongena, Steven
Kasinger, Johannes
Schmeling, Maik
Pelizzon, Loriana
| 1614553200 | Policy Paper |
Professor,
Professor,
|
Rainer Haselmann, Tobias Tröger | When and how to unwind COVID-support measures to the banking system?
White Paper No. 83
| Mar 2021 |
White Papers
|
Law and Finance
| 2021 | Covid-19, Forbearance, Bank Capitalization, Bank Resolution, Supervisory Relief Measures, Financial Stability |
Haselmann, Rainer
Tröger, Tobias
| 1614553200 | Policy Paper |
Professor,
|
Loriana Pelizzon, Aleksandra Rzeźnik, Kathleen Weiss Hanley | Investor Reliance on ESG Ratings and Stock Price Performance
SAFE Working Paper No. 310
| Mar 2021 |
Working Papers
|
Financial Markets
| 2021 | Corporate Social Responsibility, ESG Rating Agencies, Sustainable Invest- ments, Socially responsible investing, ESG, Portfolio choice |
Weiss Hanley, Kathleen
Pelizzon, Loriana
Rzeźnik, Aleksandra
| 1614553200 | SAFE Working Paper |
Professor,
|
Tim Alexander Kroencke, Maik Schmeling, Andreas Schrimpf | The FOMC Risk Shift
Journal of Monetary Economics
| May 2021 |
Research Publications
|
Financial Markets
| 2021 | |
Schmeling, Maik
Kroencke, Tim Alexander
Schrimpf, Andreas
| 1619820000 | Published Paper | |
Christoph Hambel, Holger Kraft, Eduardo S. Schwartz | Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change
European Economic Review
| Dec 2020 |
Research Publications
|
Macro Finance,
| 2020 | |
Hambel, Christoph
Kraft, Holger
Schwartz, Eduardo S.
| 1606777200 | Published Paper | |
Tabea Bucher-Koenen, Andreas Hackethal, Johannes Koenen, Christine Laudenbach | Gender Differences in Financial Advice
SAFE Working Paper No. 309
| Feb 2021 |
Working Papers
|
Household Finance
| 2021 | credence goods, financial aptitude, consumer protection, financial literacy, discrimination |
Hackethal, Andreas
Laudenbach, Christine
Koenen, Johannes
Bucher-Koenen, Tabea
| 1612134000 | SAFE Working Paper |
Professor,
Professor,
|
Thomas Pauls | The Impact of Temporal Framing on the Marginal Propensity to Consume
SAFE Working Paper No. 308
| Feb 2021 |
Working Papers
|
Household Finance
| 2021 | |
Pauls, Thomas
| 1612134000 | SAFE Working Paper | |
Ester Faia, Andreas Fuster, Vincenzo Pezone, Basit Zafar | Biases in Information Selection and Processing: Survey Evidence from the Pandemic
SAFE Working Paper No. 307
| Feb 2021 |
Working Papers
|
Law and Finance
| 2021 | Belief updating, confirmatory biases, endogenous informa- tion acquisition, media polarization, source dependence, COVID-19 |
Faia, Ester
Fuster, Andreas
Zafar, Basit
Pezone, Vincenzo
| 1612134000 | SAFE Working Paper | |
Aljoscha Janssen, Johannes Kasinger | Obfuscation and Rational Inattention in Digitalized Markets
SAFE Working Paper No. 306
| Feb 2021 |
Working Papers
|
Financial Intermediation,
Financial Markets
| 2021 | Rational Inattention, Obfuscation, Price Competition, Digitalized Markets |
Kasinger, Johannes
Janssen, Aljoscha
| 1612134000 | SAFE Working Paper | |
Kevin Bauer, Oliver Hinz, Patrick Weber | KI in der Finanzbranche: Im Spannungsfeld zwischen technologischer Innovation und regulatorischer Anforderung
White Paper No. 80
| Feb 2021 |
White Papers
|
Financial Intermediation
| 2021 | Künstliche Intelligenz, Regulatorik, Finanzbranche, eXplainable Artificial Intelligence, Machine Learning |
Weber, Patrick
Bauer, Kevin
Hinz, Oliver
| 1612134000 | Policy Paper |
Professor,
|
Sabine Bernard, Benjamin Loos, Martin Weber | The Disposition Effect in Boom and Bust Markets
SAFE Working Paper No. 305
| Feb 2021 |
Working Papers
|
Household Finance
| 2021 | Disposition Effect, Financial Market Cycles, Household Finance, Retail Investor |
Bernard, Sabine
Weber, Martin
Loos, Benjamin
| 1612134000 | SAFE Working Paper | |
Monica Billio, Mila Getmansky Sherman, Andrew Lo, Loriana Pelizzon, Abalfazl Zareei | Global Realignment in Financial Market Dynamics
SAFE Working Paper No. 304
| Feb 2021 |
Working Papers
|
Financial Markets
| 2021 | Network theory; Centrality; High Frequency Data; ETFs; Financial Crises; Covid-19; International Finance |
Zareei, Abalfazl
Billio, Monica
Pelizzon, Loriana
Getmansky Sherman, Mila
Lo, Andrew
| 1612134000 | SAFE Working Paper |
Professor,
|
Andreas Hackethal, Ankit Kalda, Benjamin Loos, Alessandro Previtero | Smart (Phone) Investing? A Within Investor-Time Analysis of New Technologies and Trading Behavior
SAFE Working Paper No. 303
| Feb 2021 |
Working Papers
|
Household Finance
| 2021 | fintech, investor behavior, financial risk-taking, lottery-type assets, investment biases, trend chasing, spillover effects |
Hackethal, Andreas
Kalda, Ankit
Previtero, Alessandro
Loos, Benjamin
| 1612134000 | SAFE Working Paper |
Professor,
|
Stephanie Collet, Caroline Fohlin | From 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)
| Jan 2021 |
Research Publications
|
Law and Finance,
| 2021 | |
Fohlin, Caroline
Collet, Stephanie
| 1609455600 | Published Paper | |
Di Bu, Tobin Hanspal, Yin Liao, Yong Liu | Risk Taking, Preferences, and Beliefs: Evidence from Wuhan
SAFE Working Paper No. 301
| Mar 2020 |
Working Papers
|
Household Finance
| 2020 | |
Hanspal, Tobin
Liu, Yong
Bu, Di
Liao, Yin
| 1583017200 | SAFE Working Paper | |
Dennis Gram, Pantelis Karapanagiotis, Jan Krzyzanowski, Marius Liebald, Uwe Walz | An Extensible Model for Historical Financial Data with an Application to German Company and Stock Market Data
SAFE Working Paper No. 300
| Jan 2021 |
Working Papers
|
Financial Intermediation,
| 2021 | |
Krzyzanowski, Jan
Walz, Uwe
Gram, Dennis
Liebald, Marius
Karapanagiotis, Pantelis
| 1609455600 | SAFE Working Paper |
Professor,
|
Ferdinand von Siemens | Motivated Beliefs and the Elderly’s Compliance with COVID-19 Measures
SAFE Working Paper No. 299
| Jan 2021 |
Working Papers
|
Law and Finance,
| 2021 | motivated beliefs; compliance behavior; age; health; COVID-19 |
von Siemens, Ferdinand
| 1609455600 | SAFE Working Paper | |
Arnoud Boot, Elena Carletti, Hans-Helmut Kotz, Jan Pieter Krahnen, Loriana Pelizzon, Marti Subrahmanyam | Corona and banking - A financial crisis in slow motion? An evaluation of the policy options
White Paper No. 79
| Jan 2021 |
White Papers
|
Financial Markets
| 2021 | Bank Capitalization, Financial Crisis, Covid-19, Non-performing Loans, Asset Management Companies, Forbearance |
Subrahmanyam, Marti
Krahnen, Jan Pieter
Boot, Arnoud
Carletti, Elena
Kotz, Hans-Helmut
Pelizzon, Loriana
| 1609455600 | Policy Paper |
Professor,
Professor,
|
Di Bu, Tobin Hanspal, Yin Liao, Yong Liu | Cultivating Self-Control in FinTech: Evidence from a Field Experiment on Online Consumer Borrowing
Journal of Financial and Quantitative Analysis
| Dec 2022 |
Research Publications
|
Household Finance
| 2022 | Financial literacy, online borrowing, Consumer credit, Self-control, FinTech, China |
Bu, Di
Liao, Yin
Hanspal, Tobin
Liu, Yong
| 1669849200 | Published Paper | |
Thomas Mosk | Captured by financial institutions? New academic insights for European policymakers
White Paper No. 77
| Dec 2020 |
White Papers
|
Financial Markets
| 2020 | Regulatory Capture, Lobbying, Transparency, Quid-pro-quo Mechanism |
Mosk, Thomas
| 1606777200 | Policy Paper | |
Sandra Eckert, Vincent R. Lindner, Andreas Nölke | EMU reform proposals and their (non) implementation: An overview
White Paper No. 78
| Dec 2020 |
White Papers
|
Macro Finance
| 2020 | Economic and Monetary Union; Banking Union; Capital Markets Union; Financial Integration; Economic Governance; Fiscal Solidarity; Eurozone; Policy Analysis |
Nölke, Andreas
Eckert, Sandra
Lindner, Vincent R.
| 1606777200 | Policy Paper | |
Emanuel Moench, Loriana Pelizzon, Michael Schneider, Calebe de Roure | OTC Discount
SAFE Working Paper No. 298
| Dec 2020 |
Working Papers
|
Financial Markets,
| 2020 | Market Microstructure, Hybrid Markets, Venue Choice, Interdealer Brokerage, Fixed-Income, OTC Markets, Search Frictions, Information Frictions |
Schneider, Michael
de Roure, Calebe
Pelizzon, Loriana
Moench, Emanuel
| 1606777200 | SAFE Working Paper |
Professor,
|
Andreas Hackethal, Annika Weber | Fiscal Policies and Household Consumption during the COVID-19 Pandemic: A Review of Early Evidence
White Paper No. 76
| Dec 2020 |
White Papers
|
Household Finance
| 2020 | Household Consumption, Fiscal Policies, Covid-19, Fiscal Stimulus Program |
Weber, Annika
Hackethal, Andreas
| 1606777200 | Policy Paper |
Professor,
|
Dimitrios Kostopoulos, Steffen Meyer, Charline Uhr | Ambiguity and Investor Behavior
SAFE Working Paper No. 297
| Nov 2020 |
Working Papers
|
Household Finance
| 2020 | ambiguity, uncertainty, individual investor, trading behavior |
Kostopoulos, Dimitrios
Uhr, Charline
Meyer, Steffen
| 1604185200 | SAFE Working Paper | |
Reint Gropp, Thomas Mosk, Steven Ongena, Ines Simac, Carlo Wix | Supranational Rules, National Discretion: Increasing Versus Inflating Regulatory Bank Capital?
SAFE Working Paper No. 296
| Nov 2020 |
Working Papers
|
Financial Intermediation
| 2020 | |
Ongena, Steven
Wix, Carlo
Mosk, Thomas
Simac, Ines
Gropp, Reint
| 1604185200 | SAFE Working Paper | |
Andreas Hackethal, Raimond Maurer | Beitragsgarantien in der kapitalgedeckten Altersversorgung: Ein Reformvorschlag in Zeiten des Niedrigzinsniveaus
White Paper No. 75
| Nov 2020 |
White Papers
|
Household Finance
| 2020 | Private Altersvorsorge, Beitragsgarantien, Riester-Rente, Niedrigzinsen |
Maurer, Raimond
Hackethal, Andreas
| 1604185200 | Policy Paper |
Professor,
|
Besart Avdiu, Alfons J. Weichenrieder | Financing Costs and the Efficiency of Public-Private Partnerships
SAFE Working Paper No. 295
| Nov 2020 |
Working Papers
|
Macro Finance
| 2020 | Public-Private Partnerships, Infrastructure, Financing Costs, Default. |
Avdiu, Besart
Weichenrieder, Alfons J.
| 1604185200 | SAFE Working Paper | |
Eren Gürer, Alfons J. Weichenrieder | Inflation, Inflationsmessung und Zentralbankpolitik
Policy Letter No. 89
| Nov 2020 |
Policy Letters
|
Macro Finance
| 2020 | Inflation, Zentralbankpolitik, Inflationsmessung, Geldpolitik, EZB |
Gürer, Eren
Weichenrieder, Alfons J.
| 1604185200 | Policy Paper | |
Jan Pieter Krahnen, Katja Langenbucher, Christian Leuz, Loriana Pelizzon | What are the wider supervisory implications of the Wirecard case?
White Paper No. 74
| Nov 2020 |
White Papers
|
Financial Markets
| 2020 | Wirecard, Supervisory Achitecture, Auditing, Internal Controls, Market Oversight , Investor Protection, Market Integrity |
Leuz, Christian
Krahnen, Jan Pieter
Langenbucher, Katja
Pelizzon, Loriana
| 1604185200 | Policy Paper |
Professor,
Professor,
Professor,
|
Thomas Huertas | Plug the gap: Make resolution ready for corona
White Paper No. 73
| Nov 2020 |
White Papers
|
Law and Finance
| 2020 | Resolution, Covid-19, Banking Crisis |
Huertas, Thomas
| 1604185200 | Policy Paper | |
Christoph Hambel, Holger Kraft, André Meyer-Wehmann | When Should Retirees Tap Their Home Equity?
SAFE Working Paper No. 293
| Oct 2020 |
Working Papers
|
Household Finance
| 2020 | reverse mortgage, consumption-portfolio decisions, optimal stopping, biometric risks, financial disasters |
Kraft, Holger
Hambel, Christoph
Meyer-Wehmann, André
| 1601503200 | SAFE Working Paper | |
Christian Alemán-Pericón, Christopher Busch, Alexander Ludwig, Raül Santaeulàlia-Llopis | Evaluating the Effectiveness of Policies Against a Pandemic
SAFE Working Paper No. 294
| Oct 2020 |
Working Papers
|
Macro Finance
| 2020 | https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3714697 |
Busch, Christopher
Ludwig, Alexander
Santaeulàlia-Llopis, Raül
Alemán-Pericón, Christian
| 1601503200 | SAFE Working Paper | |
Andrea Modena | Recapitalization, Bailout, and Long-run Welfare in a Dynamic Model of Banking
SAFE Working Paper No. 292
| Oct 2020 |
Working Papers
|
Financial Markets
| 2020 | Banks, bailout, general equilibrium, financial frictions, recapitalization, welfare. |
Modena, Andrea
| 1601503200 | SAFE Working Paper | |
Loriana Pelizzon, Satchit Sagade, Katia Vozian | Resiliency: Cross-Venue Dynamics with Hawkes Processes
SAFE Working Paper No. 291
| Oct 2020 |
Working Papers
|
Financial Markets
| 2020 | liquidity, resiliency, fragmentation, competition, high-frequency data, Hawkes processes |
Vozian, Katia
Sagade, Satchit
Pelizzon, Loriana
| 1601503200 | SAFE Working Paper |
Professor,
|
Nicole Branger, Patrick Konermann, Christoph Meinerding, Christian Schlag | Equilibrium Asset Pricing in Directed Networks
Review of Finance
| May 2021 |
Research Publications
|
Financial Markets,
| 2021 | Dynamic Networks, Mutually Exciting Processes, Asset Pricing, General Equilibrium, Recursive Preferences |
Schlag, Christian
Meinerding, Christoph
Branger, Nicole
Konermann, Patrick
| 1619820000 | Published Paper |
Professor,
|
Christian Schlag, Michael Semenischev, Julian Thimme | Predictability and the Cross-Section of Expected Returns: A Challenge for Asset Pricing Models
Management Science
| Dec 2021 |
Research Publications
|
Financial Markets
| 2021 | Asset pricing, cross-section of stock returns, predictability |
Thimme, Julian
Semenischev, Michael
Schlag, Christian
| 1638313200 | Published Paper |
Professor,
|
Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig, Irina Popova | The Long-Term Distributional and Welfare Effects of Covid-19 School Closures
SAFE Working Paper No. 290
| Sep 2020 |
Working Papers
|
Macro Finance
| 2020 | Covid-19, school closures, inequality, intergenerational persistence |
Ludwig, Alexander
Krueger, Dirk
Popova, Irina
Fuchs-Schündeln, Nicola
| 1598911200 | SAFE Working Paper | |
Christian Schlag, Michael Semenischev, Julian Thimme | Predictability and the Cross-Section of Expected Returns: A Challenge for Asset Pricing Models
SAFE Working Paper No. 289
| Sep 2020 |
Working Papers
|
Financial Markets
| 2020 | Asset pricing, cross-section of stock returns, predictability |
Schlag, Christian
Semenischev, Michael
Thimme, Julian
| 1598911200 | SAFE Working Paper |
Professor,
|
Michele Costola, Oliver Hinz, Michael Nofer, Loriana Pelizzon | Machine Learning Sentiment Analysis, COVID-19 News and Stock Market Reactions
SAFE Working Paper No. 288
| Sep 2020 |
Working Papers
|
Financial Markets
| 2020 | COVID-19 news, Sentiment Analysis, Stock Markets |
Pelizzon, Loriana
Hinz, Oliver
Costola, Michele
Nofer, Michael
| 1598911200 | SAFE Working Paper |
Professor,
Professor,
|
Monica Billio, Mila Getmansky Sherman, Loriana Pelizzon | Non-Parametric Analysis of Hedge Fund Returns: New Insights from High Frequency Data
Journal of Alternative Investments
| Jun 2009 |
Research Publications
|
Financial Markets
| 2009 | Hedge Funds, Risk Management, High frequency data |
Getmansky Sherman, Mila
Pelizzon, Loriana
Billio, Monica
| 1243807200 | Published Paper |
Professor,
|
Benjamin M. Abdel-Karim, Kevin Bauer, Oliver Hinz, Michael Kosfeld, Nicolas Winfried Pfeuffer | The Economic Consequences of Algorithmic Discrimination: Theory and Empirical Evidence
SAFE Working Paper No. 287
| Sep 2020 |
Working Papers
|
Financial Intermediation,
| 2020 | Algorithmic Discrimination, Artificial Intelligence, Game Theory, Economics, Batch Learning |
Bauer, Kevin
Abdel-Karim, Benjamin M.
Pfeuffer, Nicolas Winfried
Hinz, Oliver
Kosfeld, Michael
| 1598911200 | SAFE Working Paper |
Professor,
Professor,
|
Andreas Hackethal, Michael Kirchler, Christine Laudenbach, Michael Razen, Annika Weber | On the Role of Monetary Incentives in Risk Preference Elicitation Experiments
SAFE Working Paper No. 286
| Aug 2020 |
Working Papers
|
Household Finance
| 2020 | Risk Preferences, Incentives, Experimental Economics, Risk Aversion |
Hackethal, Andreas
Weber, Annika
Kirchler, Michael
Laudenbach, Christine
Razen, Michael
| 1596232800 | SAFE Working Paper |
Professor,
Professor,
|
Wenhui Li, Christian Wilde | Separating the Effects of Beliefs and Attitudes on Pricing under Ambiguity
SAFE Working Paper No. 311
| Mar 2021 |
Working Papers
|
Financial Markets,
| 2021 | ambiguity, belief estimation, belief effect, ambiguity premium, laboratory experiments |
Wilde, Christian
Li, Wenhui
| 1614553200 | SAFE Working Paper | |
Matthias Thiemann, Mario Tümmler | Beyond Moral Hazard Arguments: The Role of National Deposit Insurance Schemes for Member States’ Preferences on EDIS
White Paper No. 72
| Aug 2020 |
White Papers
|
Financial Intermediation
| 2020 | Banking Union, Deposit Insurance, EDIS |
Tümmler, Mario
Thiemann, Matthias
| 1596232800 | Policy Paper | |
Elena Carletti, Tommaso Oliviero, Marco Pagano, Loriana Pelizzon, Marti Subrahmanyam | The COVID-19 Shock and Equity Shortfall: Firm-level Evidence from Italy
The Review of Corporate Finance Studies
| Aug 2020 |
Research Publications
|
Financial Markets
| 2020 | COVID-19, pandemics, losses, distress, equity, recapitalization. |
Carletti, Elena
Pagano, Marco
Subrahmanyam, Marti
Pelizzon, Loriana
Oliviero, Tommaso
| 1596232800 | Published Paper |
Professor,
|
Elena Carletti, Tommaso Oliviero, Marco Pagano, Loriana Pelizzon, Marti Subrahmanyam | The COVID-19 Shock and Equity Shortfall: Firm-level Evidence from Italy
SAFE Working Paper No. 285
| Jul 2020 |
Working Papers
|
Financial Markets
| 2020 | COVID-19, pandemics, losses, distress, equity, recapitalization. |
Carletti, Elena
Pagano, Marco
Subrahmanyam, Marti
Pelizzon, Loriana
Oliviero, Tommaso
| 1593554400 | SAFE Working Paper |
Professor,
|
Monica Billio, Michele Costola, Iva Hristova, Carmelo Latino, Loriana Pelizzon | Inside the ESG Ratings: (Dis)agreement and Performance
SAFE Working Paper No. 284
| Jun 2020 |
Working Papers
|
Financial Markets
| 2020 | |
Costola, Michele
Hristova, Iva
Pelizzon, Loriana
Latino, Carmelo
Billio, Monica
| 1590962400 | SAFE Working Paper |
Doctoral Student,
Professor,
|
Philipp Lamprecht, Alfons J. Weichenrieder | Der Verlustrücktrag als Mittel der Konjunkturpolitik – Ausweitung des Verlustrücktrags auch auf die Gewerbesteuer erforderlich
White Paper No. 71
| Jul 2020 |
White Papers
|
Law and Finance
| 2020 | Verlustrücktrag, Corona-Steuerhilfegesetz, Gewerbesteuer, Konjunkturpolitik |
Weichenrieder, Alfons J.
Lamprecht, Philipp
| 1593554400 | Policy Paper | |
Vanessa Endrejat, Matthias Thiemann | When Brussels meets shadow banking- technical complexity, regulatory agency and the reconstruction of the shadow banking chain
Competition & Change
| Jul 2020 |
Research Publications
|
Financial Intermediation,
| 2020 | |
Thiemann, Matthias
Endrejat, Vanessa
| 1593554400 | Published Paper | |
Jan Pieter Krahnen, Katja Langenbucher | The Wirecard lessons: A reform proposal for the supervision of securities markets in Europe
Policy Letter No. 88
| Jul 2020 |
Policy Letters
|
Financial Markets
| 2020 | Wirecard, securities markets, market supervision |
Krahnen, Jan Pieter
Langenbucher, Katja
| 1593554400 | Policy Paper |
Professor,
Professor,
|
Moritz Schularick, Sascha Steffen, Tobias Tröger | Bank capital and the European recovery from the COVID-19 crisis
White Paper No. 69
| Jun 2020 |
White Papers
|
Law and Finance,
Macro Finance
| 2020 | bank capital, financial stablity, COVID-19 |
Schularick, Moritz
Steffen, Sascha
Tröger, Tobias
| 1590962400 | Policy Paper |
Professor,
|
Daniel Munevar, Grygoriy Pustovit | Back to the Future: A Sovereign Debt Standstill Mechanism IMF Article VIII, Section 2 (b)
SAFE Working Paper No. 282
| Jun 2020 |
Working Papers
|
Macro Finance
| 2020 | sovereign debt standstill, sovereign debt restructuring, sovereign debt litigation, holdout litigation, vulture creditors |
Munevar, Daniel
Pustovit, Grygoriy
| 1590962400 | SAFE Working Paper | |
Kevin Bauer | How did we do? The Impact of Relative Performance Feedback on Intergroup Hostilities
SAFE Working Paper No. 281
| Jun 2020 |
Working Papers
|
Financial Intermediation
| 2020 | social identity, relative performance feedback, discrimination, outgroup derogation |
Bauer, Kevin
| 1590962400 | SAFE Working Paper | |
Calogero Brancatelli, Andreas Hackethal, Roman Inderst, Sebastian Schuler | Erkenntnisse aus sechs Wellen des Haushaltsbarometers: Sind "Konsumschecks" das richtige Mittel in der Corona-Krise?
Policy Letter No. 87
| Jun 2020 |
Policy Letters
|
Household Finance
| 2020 | Helicoptergeld, Haushaltskrisenbarometer, Mehrwertsteuersenkung, Kinderbonus |
Inderst, Roman
Schuler, Sebastian
Brancatelli, Calogero
Hackethal, Andreas
| 1590962400 | Policy Paper |
Professor,
|
Tobin Hanspal, Annika Weber, Johannes Wohlfart | Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations
SAFE Working Paper No. 279
| May 2020 |
Working Papers
|
Household Finance
| 2020 | Coronavirus, Stockholding, Wealth shocks, Expectation formation, Inequality. |
Hanspal, Tobin
Weber, Annika
Wohlfart, Johannes
| 1588284000 | SAFE Working Paper | |
Helmut Gründl, Fabian Regele | Pandemic Insurance through Pandemic Partnership Bonds: A Fully Funded Insurance Solution in a Public Private Partnership
Policy Letter No. 86
| May 2020 |
Policy Letters
|
Financial Markets
| 2020 | Covid-19-Crisis, catastrophe bond, public private partnership, pandemic insurance |
Gründl, Helmut
Regele, Fabian
| 1588284000 | Policy Paper | |
Otmar Issing | Encompassing monetary policy strategy review
White Paper No. 68
| Jun 2020 |
White Papers
|
Macro Finance
| 2020 | monetary policy, ECB, price stability, two-pillar system, strategy review |
Issing, Otmar
| 1590962400 | Policy Paper | |
Sandra Eckert | EU Agencies in Banking and Energy Between Institutional and Policy Centralisation
SAFE Working Paper No. 278
| May 2020 |
Working Papers
|
Financial Intermediation
| 2020 | agency, banking, centralisation, energy, fiduciary, electricity, policy |
Eckert, Sandra
| 1588284000 | SAFE Working Paper | |
Andreas Hackethal, Tobin Hanspal, Dominique Lammer, Kevin Rink | The Characteristics and Portfolio Behavior of Bitcoin Investors: Evidence from Indirect Cryptocurrency Investments
SAFE Working Paper No. 277
| May 2020 |
Working Papers
|
Household Finance
| 2020 | Bitcoin, Cryptocurrencies, Structured retail products, Retail investors, Household finance, Investor behavior |
Hanspal, Tobin
Hackethal, Andreas
Lammer, Dominique
Rink, Kevin
| 1588284000 | SAFE Working Paper |
Professor,
|
Dimitrios Kostopoulos, Steffen Meyer, Charline Uhr | Google Search Volume and Individual Investor Trading
Journal of Financial Markets
| Aug 2020 |
Research Publications
|
Household Finance
| 2020 | Individual investorTrading behaviorInvestor sentiment |
Uhr, Charline
Kostopoulos, Dimitrios
Meyer, Steffen
| 1596232800 | Published Paper | |
Massimiliano Caporin, Loriana Pelizzon, Alberto Plazzi | Does Monetary Policy Impact Sovereign Credit Risk Comovement?
SAFE Working Paper No. 276
| May 2020 |
Working Papers
|
Financial Markets,
Macro Finance
| 2020 | |
Plazzi, Alberto
Pelizzon, Loriana
Caporin, Massimiliano
| 1588284000 | SAFE Working Paper |
Professor,
|
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities
Journal of Banking and Finance
| May 2020 |
Research Publications
|
Household Finance
| 2020 | Life cycle savingHousehold financeAnnuityLongevity risk401(k) planRetirement |
Horneff, Vanya
Maurer, Raimond
Mitchell, Olivia S.
| 1588284000 | Published Paper | |
Jan Pieter Krahnen, Loriana Pelizzon | Priorities for the CMU agenda
Policy Letter No. 85
| May 2020 |
Policy Letters
|
Financial Markets
| 2020 | CMU, High-Level-Forum, Interim Report |
Krahnen, Jan Pieter
Pelizzon, Loriana
| 1588284000 | Policy Paper |
Professor,
Professor,
|
Loriana Pelizzon, Max Riedel, Zorka Simon, Marti Subrahmanyam | Collateral Eligibility of Corporate Debt in the Eurosystem
SAFE Working Paper No. 275
| Apr 2020 |
Working Papers
|
Financial Markets,
Macro Finance,
| 2020 | |
Simon, Zorka
Subrahmanyam, Marti
Riedel, Max
Pelizzon, Loriana
| 1585692000 | SAFE Working Paper |
Professor,
|
Elsa Massoc | Politics of Banking in Europe: Global Banks and Domestic Institutional Legacies
E-International Relations
| Apr 2020 |
Research Publications
|
Financial Intermediation
| 2020 | |
Massoc, Elsa
| 1585692000 | Published Paper | |
Arnoud Boot, Elena Carletti, Hans-Helmut Kotz, Jan Pieter Krahnen, Loriana Pelizzon, Marti Subrahmanyam | Corona and Financial Stability 4.0: Implementing a European Pandemic Equity Fund
Policy Letter No. 84
| Apr 2020 |
Policy Letters
|
Financial Markets
| 2020 | Coronavirus, Risk sharing, Financial stability, Policy measures in the EU, Equity fund |
Pelizzon, Loriana
Carletti, Elena
Boot, Arnoud
Krahnen, Jan Pieter
Kotz, Hans-Helmut
Subrahmanyam, Marti
| 1585692000 | Policy Paper |
Professor,
Professor,
|
Marcel Thum, Alfons J. Weichenrieder | Corona-Bonds und ihre Alternativen
Policy Letter No. 83
| Apr 2020 |
Policy Letters
|
Macro Finance
| 2020 | Corona Bonds, Corona-Krise, Transferzahlungen |
Weichenrieder, Alfons J.
Thum, Marcel
| 1585692000 | Policy Paper | |
Matej Avbelj, Antonia Baraggia, Jürgen Bast, Bojan Bugarič, Emanuel Castellarin, Francesco Costamagna, Anuscheh Faraha, Matthias Goldmann, Anna-Katharina Mangold, Mario Savino, Alexander Thiele, Annamaria Viterbo | The Case for Corona Bonds
Policy Letter No. 82
| Apr 2020 |
Policy Letters
|
Law and Finance
| 2020 | Corona Bonds, Coronavirus |
Goldmann, Matthias
Avbelj, Matej
Bast, Jürgen
Costamagna, Francesco
Savino, Mario
Baraggia, Antonia
Mangold, Anna-Katharina
Castellarin, Emanuel
Faraha, Anuscheh
Bugarič, Bojan
Viterbo, Annamaria
Thiele, Alexander
| 1585692000 | Policy Paper | |
Christopher Busch, Alexander Ludwig, Raül Santaeulàlia-Llopis | Emerging Evidence of a Silver Lining: A Ridge Walk to Avoid an Economic Catastrophe in Italy and Spain
White Paper No. 67
| Apr 2020 |
White Papers
|
Macro Finance
| 2020 | Coronavirus, pandemic economics, lockdown costs |
Busch, Christopher
Ludwig, Alexander
Santaeulàlia-Llopis, Raül
| 1585692000 | Policy Paper | |
Arnoud Boot, Elena Carletti, Hans-Helmut Kotz, Jan Pieter Krahnen, Loriana Pelizzon, Marti Subrahmanyam | Corona and Financial Stability 3.0: Try equity -risk sharing for companies, large and small
Policy Letter No. 81
| Mar 2020 |
Policy Letters
|
Financial Markets
| 2020 | Coronavirus, Financial stability, Risk sharing, Policy measures in the EU |
Boot, Arnoud
Krahnen, Jan Pieter
Kotz, Hans-Helmut
Subrahmanyam, Marti
Carletti, Elena
Pelizzon, Loriana
| 1583017200 | Policy Paper |
Professor,
Professor,
|
Di Bu, Tobin Hanspal, Yin Liao, Yong Liu | Cultivating Self-Control in FinTech: Evidence from a Field Experiment on Online Consumer Borrowing
SAFE Working Paper No. 273
| Mar 2020 |
Working Papers
|
Household Finance
| 2020 | Financial literacy, online borrowing, Consumer credit, Self-control, FinTech, China |
Liu, Yong
Hanspal, Tobin
Bu, Di
Liao, Yin
| 1583017200 | SAFE Working Paper | |
Leo Kaas | Capital in the Corona Crisis
Policy Letter No. 80
| Mar 2020 |
Policy Letters
|
Macro Finance
| 2020 | corona crisis, capital liquidations, emergency loans |
Kaas, Leo
| 1583017200 | Policy Paper | |
Christine Laudenbach, Benjamin Loos, Jenny Pirschel, Johannes Wohlfart | The Trading Response of Individual Investors to Local Bankruptcies
SAFE Working Paper No. 272
| Mar 2020 |
Working Papers
|
Household Finance
| 2020 | Individual investors, risk-taking, trading, experiences |
Laudenbach, Christine
Loos, Benjamin
Pirschel, Jenny
Wohlfart, Johannes
| 1583017200 | SAFE Working Paper |
Professor,
|
Pietro Dindo, Andrea Modena, Loriana Pelizzon | Risk Pooling, Intermediation Efficiency, and the Business Cycle
SAFE Working Paper No. 271
| Mar 2020 |
Working Papers
|
Financial Markets,
Macro Finance
| 2020 | Amplification, business cycle, efficiency, dampening, restricted market participation, risk pooling |
Pelizzon, Loriana
Modena, Andrea
Dindo, Pietro
| 1583017200 | SAFE Working Paper |
Professor,
|
Arnoud Boot, Elena Carletti, Hans-Helmut Kotz, Jan Pieter Krahnen, Loriana Pelizzon, Marti Subrahmanyam | Corona and Financial Stability 2.0: Act jointly now, but also think about tomorrow
Policy Letter No. 79
| Mar 2020 |
Policy Letters
|
Financial Markets
| 2020 | coronavirus, financial stability, systemic risk, strategies |
Kotz, Hans-Helmut
Krahnen, Jan Pieter
Boot, Arnoud
Subrahmanyam, Marti
Carletti, Elena
Pelizzon, Loriana
| 1583017200 | Policy Paper |
Professor,
Professor,
|
Klaus Adam, Thiess Büttner, Joachim Hennrichs, Jan Pieter Krahnen, Jörg Rocholl | Zur Reform der Einlagensicherung: Elemente einer anreizkompatiblen Europäischen Rückversicherung
White Paper No. 66
| Mar 2020 |
White Papers
|
Financial Markets
| 2020 | Einlagensicherung, EDIS, Bankenunion |
Krahnen, Jan Pieter
Rocholl, Jörg
Hennrichs, Joachim
Büttner, Thiess
Adam, Klaus
| 1583017200 | Policy Paper |
Professor,
|
Arnoud Boot, Elena Carletti, Rainer Haselmann, Hans-Helmut Kotz, Jan Pieter Krahnen, Loriana Pelizzon, Stephen Schaefer, Marti Subrahmanyam | The Coronavirus and Financial Stability
Policy Letter No. 78
| Mar 2020 |
Policy Letters
|
Financial Markets
| 2020 | coronavirus, financial stability, banking, strategies |
Kotz, Hans-Helmut
Haselmann, Rainer
Pelizzon, Loriana
Subrahmanyam, Marti
Boot, Arnoud
Carletti, Elena
Schaefer, Stephen
Krahnen, Jan Pieter
| 1583017200 | Policy Paper |
Professor,
Professor,
|
Marie Lalanne, Lorenzo Maria Levati | The Impact of Job Referrals on Employment Outcomes in Top Corporate Positions
SAFE Working Paper No. 268
| Mar 2020 |
Working Papers
|
Financial Intermediation
| 2020 | Referrals, Job Match Quality, Social Networks, Board of Directors |
Lalanne, Marie
Levati, Lorenzo Maria
| 1583017200 | SAFE Working Paper | |
Ester Faia, Maximilian Mayer, Vincenzo Pezone | The Value of Firm Networks: A Natural Experiment on Board Connections
SAFE Working Paper No. 269
| Mar 2020 |
Working Papers
|
Law and Finance
| 2020 | |
Pezone, Vincenzo
Mayer, Maximilian
Faia, Ester
| 1583017200 | SAFE Working Paper | |
Wataru Kureishi, Hannah Paule-Paludkiewicz, Hitoshi Tsujiyama, Midori Wakabayashi | Time Preferences over the Life Cycle
SAFE Working Paper No. 267
| Mar 2020 |
Working Papers
|
Household Finance
| 2020 | Time Preferences; Preference Stability; Age; Discount Rates |
Paule-Paludkiewicz, Hannah
Kureishi, Wataru
Tsujiyama, Hitoshi
Wakabayashi, Midori
| 1583017200 | SAFE Working Paper | |
Aleksey Kolokolov, Giulia Livieri, Davide Pirino | Statistical Inferences for Price Staleness
Journal of Econometrics
| Sep 2020 |
Research Publications
|
Financial Markets
| 2020 | staleness, idle time, liquidity, zero returns, stable convergence |
Kolokolov, Aleksey
Pirino, Davide
Livieri, Giulia
| 1598911200 | Published Paper | |
Christian Schlag, Julian Thimme, Rüdiger Weber | Implied Volatility Duration: A Measure for the Timing of Uncertainty Resolution
Journal of Financial Economics
| Apr 2021 |
Research Publications
|
Financial Markets
| 2021 | Preference for early resolution of uncertainty, implied volatility, cross-section of expected stock returns, asset pricing |
Thimme, Julian
Weber, Rüdiger
Schlag, Christian
| 1617228000 | Published Paper |
Professor,
|
Hengjie Ai, Jun E. Li, Kai Li, Christian Schlag | The Collateralizability Premium
Review of Financial Studies
| Jun 2020 |
Research Publications
|
Financial Markets
| 2020 | |
Ai, Hengjie
Li, Jun E.
Schlag, Christian
Li, Kai
| 1590962400 | Published Paper |
Professor,
|
Benjamin Bluhm, Jannic Cutura | Econometrics at Scale: Spark Up Big Data in Economics
SAFE Working Paper No. 266
| Feb 2020 |
Working Papers
|
Financial Intermediation
| 2020 | Econometrics, Distributed Computing, Apache Spark |
Cutura, Jannic
Bluhm, Benjamin
| 1580511600 | SAFE Working Paper | |
Raimond Maurer, Olivia S. Mitchell | Older Peoples' Willingness to Delay Social Security Claiming
Journal of Pension Economics and Finance
| Jul 2020 |
Research Publications
|
Household Finance
| 2020 | Annuity; labor supply; lump sum; retirement age; social security |
Maurer, Raimond
Mitchell, Olivia S.
| 1593554400 | Published Paper | |
Christian Schlag, Julian Thimme, Rüdiger Weber | Implied Volatility Duration: A Measure for the Timing of Uncertainty Resolution
SAFE Working Paper No. 265
| Jan 2020 |
Working Papers
|
Financial Markets
| 2020 | Preference for early resolution of uncertainty, implied volatility, cross-section of expected stock returns, asset pricing |
Schlag, Christian
Thimme, Julian
Weber, Rüdiger
| 1577833200 | SAFE Working Paper |
Professor,
|
Ignazio Angeloni | Time to address the shortcomings of the banking union
Policy Letter No. 77
| Jan 2020 |
Policy Letters
|
Macro Finance,
| 2020 | ECB, Banking Union, Cross-border Banking, Banking Supervision, Banking Resolution |
Angeloni, Ignazio
| 1577833200 | Policy Paper | |
Tatiana Farina, Jan Pieter Krahnen, Loriana Pelizzon, Mark Wahrenburg | What are the main factors for the subdued profitability of significant banks in the Banking Union, and is the ECB’s supervisory response conclusive and exhaustive?
White Paper No. 65
| Dec 2019 |
White Papers
|
Financial Markets
| 2019 | Bank Profitability, Supervisory Guidance, Banking Union, Financial regulation |
Wahrenburg, Mark
Krahnen, Jan Pieter
Farina, Tatiana
Pelizzon, Loriana
| 1575154800 | Policy Paper |
Professor,
Professor,
|
Jan Friedrich | The Effect of Academic Literature on Accounting Regulation: Evidence from Leases in Germany
Accounting History Review
| Nov 2019 |
Research Publications
|
Financial Intermediation
| 2019 | |
Friedrich, Jan
| 1572562800 | Published Paper | |
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | How will Persistent Low Expected Returns Shape Household Economic Behavior?
Journal of Pension Economics & Finance
| Oct 2019 |
Research Publications
|
Household Finance
| 2019 | |
Maurer, Raimond
Mitchell, Olivia S.
Horneff, Vanya
| 1569880800 | Published Paper | |
Hengjie Ai, Jun E. Li, Kai Li, Christian Schlag | The Collateralizability Premium
SAFE Working Paper No. 264
| Oct 2019 |
Working Papers
|
Financial Markets
| 2019 | |
Li, Jun E.
Ai, Hengjie
Schlag, Christian
Li, Kai
| 1569880800 | SAFE Working Paper |
Professor,
|
Andrea Bedin, Monica Billio, Michele Costola, Loriana Pelizzon | Credit Scoring in SME Asset-Backed Securities: An Italian Case Study
SAFE Working Paper No. 262
| Oct 2019 |
Working Papers
|
Financial Markets,
| 2019 | credit scoring; probability of default; small and medium enterprises; assetbacked securities |
Billio, Monica
Pelizzon, Loriana
Bedin, Andrea
Costola, Michele
| 1569880800 | SAFE Working Paper |
Professor,
|
Monica Billio, Michele Costola, Loriana Pelizzon, Max Riedel | Buildings' Energy Efficiency and the Probability of Mortgage Default: The Dutch Case
SAFE Working Paper No. 261
| Oct 2019 |
Working Papers
|
Financial Markets,
| 2019 | Mortgages, Energy Eciency, Credit Risk |
Costola, Michele
Riedel, Max
Pelizzon, Loriana
Billio, Monica
| 1569880800 | SAFE Working Paper |
Professor,
|
Andrea Bedin, Monica Billio, Michele Costola, Loriana Pelizzon | Credit Scoring in SME Asset-Backed Securities: An Italian Case Study
Journal of Risk and Financial Management
| May 2019 |
Research Publications
| | 2019 | credit scoring; probability of default; small and medium enterprises; asset-backed securities |
Pelizzon, Loriana
Bedin, Andrea
Billio, Monica
Costola, Michele
| 1556661600 | Published Paper |
Professor,
|
Matthias Thiemann, Tobias Tröger | The Case for a Normatively Charged Approach to Regulating Shadow Banking - Multipolar Regulatory Dialogues as a Means to Detect Tail Risks and Preclude Regulatory Arbitrage
SAFE Working Paper No. 260
| Oct 2019 |
Working Papers
|
Financial Intermediation
| 2019 | shadow banking, regulatory arbitrage, principles-based regulation, credit funds, prudential supervision, non-bank financial intermediation |
Thiemann, Matthias
Tröger, Tobias
| 1569880800 | SAFE Working Paper |
Professor,
|
Maik Schmeling | What is Libra? Understanding Facebook´s Currency
Policy Letter No. 76
| Sep 2019 |
Policy Letters
|
Financial Markets
| 2019 | Libra, cryptocurrency, currency board |
Schmeling, Maik
| 1567288800 | Policy Paper | |
Thomas Huertas | Completing Banking Union
White Paper No. 63
| Sep 2019 |
White Papers
|
Financial Intermediation
| 2019 | Banking Union, EDIS, EDIC |
Huertas, Thomas
| 1567288800 | Policy Paper | |
Anderson Grajales-Olarte, Burak Uras, Nathanael Vellekoop | Rigid Wages and Contracts: Time- versus State-Dependent Wages in the Netherlands
SAFE Working Paper No. 258
| Sep 2019 |
Working Papers
|
Macro Finance
| 2019 | Wage rigidity, microdata, time dependency, state dependency, flexible-hour contracts |
Grajales-Olarte, Anderson
Uras, Burak
Vellekoop, Nathanael
| 1567288800 | SAFE Working Paper | |
Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré | Pricing Sin Stocks: Ethical Preference vs. Risk Aversion
European Economic Review
| Sep 2019 |
Research Publications
|
Financial Markets
| 2019 | |
Curatola, Giuliano
Colonnello, Stefano
Gioffré, Alessandro
| 1567288800 | Published Paper | |
Jannis Bischof, Christian Laux, Christian Leuz | Accounting for financial stability: Bank disclosure and loss recognition in the financial crisis
Journal of Financial Economics
| Jan 2022 |
Research Publications
|
Financial Intermediation
| 2022 | Banks, Financial crisis, Financial stability, Disclosure, Loan loss accounting, Expected credit losses, Incurred loss model, Prudential filter, Fair value accounting |
Bischof, Jannis
Leuz, Christian
Laux, Christian
| 1640991600 | Published Paper | |
Matthias Goldmann | Foreign Investment, Sovereign Debt, and Human Rights
Sovereign Debt and Human Rights (Oxford University Press)
| Nov 2018 |
Research Publications
|
Financial Intermediation
| 2018 | Foreign direct investment, regulatory power, expropriation, socio-economic rights, linkages |
Goldmann, Matthias
| 1541026800 | Published Paper | |
Burkard Eberlein, Sandra Eckert | Private Authority in Tackling Cross-border Issues. The Hidden Path of Integrating European Energy Markets
Journal of European Integration
| Jan 2020 |
Research Publications
|
Financial Intermediation
| 2020 | |
Eberlein, Burkard
Eckert, Sandra
| 1577833200 | Published Paper | |
Sandra Eckert | Supranational Authorities and Private Actors as Drivers of Single Market Integration? The State of the Union in Electricity and Banking
Journal of European Integration
| Feb 2022 |
Research Publications
|
Financial Intermediation
| 2022 | |
Eckert, Sandra
| 1643670000 | Published Paper | |
Erik Theissen, Christian Westheide | Call of Duty: Designated Market Maker Participation in Call Auctions
Journal of Financial Markets
| Jun 2020 |
Research Publications
|
Financial Markets
| 2020 | |
Theissen, Erik
Westheide, Christian
| 1590962400 | Published Paper | |
Christian Schlag, Kailin Zeng | Horizontal Industry Relationships and Return Predictability
Journal of Empirical Finance
| Sep 2019 |
Research Publications
|
Financial Markets
| 2019 | Connected industries, information flow, return predictability |
Zeng, Kailin
Schlag, Christian
| 1567288800 | Published Paper |
Professor,
|
Darien Huang, Christian Schlag, Ivan Shaliastovich, Julian Thimme | Volatility-of-Volatility Risk
Journal of Financial and Quantitative Analysis
| Dec 2019 |
Research Publications
|
Financial Markets
| 2019 | |
Schlag, Christian
Huang, Darien
Thimme, Julian
Shaliastovich, Ivan
| 1575154800 | Published Paper |
Professor,
|
Nicole Branger, Patrick Konermann, Christian Schlag | Optimists and Pessimists in (In)Complete Markets
Journal of Financial and Quantitative Analysis
| Dec 2020 |
Research Publications
|
Financial Markets
| 2020 | |
Konermann, Patrick
Schlag, Christian
Branger, Nicole
| 1606777200 | Published Paper |
Professor,
|
Marie Lalanne | Network-based Appointments and Board Diversity
Economica
| Apr 2023 |
Research Publications
|
Law and Finance
| 2023 | |
Lalanne, Marie
| 1680300000 | Published Paper | |
Ludger Schuknecht | Fiscal-Financial Vulnerabilities
White Paper No. 62
| Aug 2019 |
White Papers
|
Macro Finance
| 2019 | fiscal financial vulnerabilities, fiscal variables, public finance |
Schuknecht, Ludger
| 1564610400 | Policy Paper | |
Christian Schlag, Kailin Zeng | Horizontal Industry Relationships and Return Predictability
SAFE Working Paper No. 256
| Aug 2019 |
Working Papers
|
Financial Markets
| 2019 | Connected industries, information flow, return predictability |
Schlag, Christian
Zeng, Kailin
| 1564610400 | SAFE Working Paper |
Professor,
|
Reinhard H. Schmidt | Deutsche Bank and its Strategy Change: What it Means for the German Financial System
Policy Letter No. 75
| Jul 2019 |
Policy Letters
|
Financial Intermediation
| 2019 | German financial system, corporate governance, German banks |
Schmidt, Reinhard H.
| 1561932000 | Policy Paper | |
Katja Langenbucher | Interdisziplinäre Forschung im Unternehmensrecht – Auf dem Weg zu einer Cognitive Corporate Governance?
Zeitschrift für Unternehmens- und Gesellschaftsrecht
| Oct 2019 |
Research Publications
|
Law and Finance
| 2019 | |
Langenbucher, Katja
| 1569880800 | Published Paper |
Professor,
|
Iñaki Aldasoro, Florian Balke, Andreas Barth, Egemen Eren | Spillovers of Funding Dry-ups
SAFE Working Paper No. 259
| Sep 2019 |
Working Papers
|
Financial Intermediation
| 2019 | |
Eren, Egemen
Barth, Andreas
Balke, Florian
Aldasoro, Iñaki
| 1567288800 | SAFE Working Paper | |
Bertram Schefold | Der Neo-Fisher-Effekt: Die historische Alternative zur Nullzinspolitik
Policy Letter No. 74
| Jul 2019 |
Policy Letters
|
Macro Finance
| 2019 | Inflation, Geldpolitik, Europäische Zentralbank, Zinsen |
Schefold, Bertram
| 1561932000 | Policy Paper | |
Konstantin Bräuer, Andreas Hackethal, Tobin Hanspal | Consuming Dividends
SAFE Working Paper No. 280
| May 2020 |
Working Papers
|
Household Finance
| 2020 | Consumption, Stock market wealth, Dividends, Excess sensitivity, Self-control, Household finance, Retail investor |
Hanspal, Tobin
Hackethal, Andreas
Bräuer, Konstantin
| 1588284000 | SAFE Working Paper |
Professor,
|
Martin Götz | Financing Conditions and Toxic Emissions
SAFE Working Paper No. 254
| Jun 2019 |
Working Papers
|
Law and Finance
| 2019 | |
Götz, Martin
| 1559340000 | SAFE Working Paper | |
Reinhard H. Schmidt | On the Change of the German Financial System
White Paper No. 61
| Jul 2019 |
White Papers
|
Financial Intermediation
| 2019 | German financial system, corporate governance, German banks |
Schmidt, Reinhard H.
| 1561932000 | Policy Paper | |
Reinhard H. Schmidt | Diversity in Finance: An Overview
White Paper No. 60
| Jun 2019 |
White Papers
|
Financial Intermediation
| 2019 | diversity, finance, banking systems, financial systems |
Schmidt, Reinhard H.
| 1559340000 | Policy Paper | |
Thomas Johann, Talis Putnins, Satchit Sagade, Christian Westheide | Quasi-Dark Trading: The Effects of Banning Dark Pools in a World of Many Alternatives
SAFE Working Paper No. 253
| Jan 2019 |
Working Papers
|
Financial Markets
| 2019 | |
Johann, Thomas
Sagade, Satchit
Westheide, Christian
Putnins, Talis
| 1546297200 | SAFE Working Paper | |
Silvia Dalla Fontana, Marco Holz auf der Heide, Loriana Pelizzon, Martin Scheicher | The Anatomy of the Euro Area Interest Rate Swap Market
SAFE Working Paper No. 255
| Aug 2019 |
Working Papers
|
Financial Markets,
| 2019 | OTC derivatives, network analysis, interest rate risk, banking, risk management, hedging |
Scheicher, Martin
Holz auf der Heide, Marco
Dalla Fontana, Silvia
Pelizzon, Loriana
| 1564610400 | SAFE Working Paper |
Professor,
|
Wenhui Li, Christian Wilde | Belief Formation and Belief Updating under Ambiguity: Evidence from Experiments
SAFE Working Paper No. 251
| Jun 2019 |
Working Papers
|
Financial Markets,
| 2019 | ambiguity, learning strategy, belief updates, non-Bayesian updates, pessimism, laboratory experiments |
Wilde, Christian
Li, Wenhui
| 1559340000 | SAFE Working Paper | |
Volker Brühl, Jan Pieter Krahnen | An open banking platform for Germany - a future-oriented alternative to a merger of Deutsche Bank / Commerzbank
Policy Letter No. 73
| May 2019 |
Policy Letters
|
Financial Intermediation
| 2019 | Open Banking Platform Germany, Banking Union, Merger, Deutsche Bank, Commerzbank |
Brühl, Volker
Krahnen, Jan Pieter
| 1556661600 | Policy Paper |
Professor,
|
Nicole Branger, Patrick Konermann, Christian Schlag | Optimists and Pessimists in (In)Complete Markets
SAFE Working Paper No. 252
| Jun 2019 |
Working Papers
|
Financial Markets
| 2019 | |
Branger, Nicole
Konermann, Patrick
Schlag, Christian
| 1559340000 | SAFE Working Paper |
Professor,
|
Tobias Tröger, Uwe Walz | Does Say on Pay Matter? Evidence from Germany
European Company and Financial Law Review
| Jan 2019 |
Research Publications
|
Law and Finance,
| 2019 | Say-on-pay, corporate governance, management compensation |
Tröger, Tobias
Walz, Uwe
| 1546297200 | Published Paper |
Professor,
Professor,
|
Sascha Baghestanian, Paul Gortner, Joël van der Weele | Peer Effects and Risk Sharing in Experimental Asset Markets
European Economic Review
| Jul 2019 |
Research Publications
|
Household Finance,
Financial Markets,
| 2019 | peer effects, laboratory experiments, risk taking, asset markets |
Gortner, Paul
Baghestanian, Sascha
van der Weele, Joël
| 1561932000 | Published Paper | |
Yuri Pettinicchi, Nathanael Vellekoop | Job Loss Expectations, Durable Consumption and Household Finances: Evidence from Linked Survey Data
SAFE Working Paper No. 249
| Mar 2019 |
Working Papers
|
Household Finance
| 2019 | Subjective expectations; Durable consumption; Household saving |
Pettinicchi, Yuri
Vellekoop, Nathanael
| 1551394800 | SAFE Working Paper | |
Martin Götz, Tobias Tröger, Mark Wahrenburg | The Next SSM Term: Supervisory Challenges Ahead
White Paper No. 59
| Mar 2019 |
White Papers
|
Financial Intermediation
| 2019 | SSM, Banking Union, ECB supervision |
Götz, Martin
Tröger, Tobias
Wahrenburg, Mark
| 1551394800 | Policy Paper |
Professor,
|
Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Jun Uno, Darya Yuferova | Market Liquidity and Competition Among Designated Market Makers
SAFE Working Paper No. 247
| Mar 2019 |
Working Papers
|
Financial Markets,
| 2019 | esignated Market Makers (DMMs), Liquidity Provision |
Uno, Jun
Bellia, Mario
Yuferova, Darya
Pelizzon, Loriana
Subrahmanyam, Marti
| 1551394800 | SAFE Working Paper |
Professor,
|
Rainer Haselmann, Jan Pieter Krahnen, Mark Wahrenburg | Evaluierung gesamt- und finanzwirtschaftlicher Effekte der Reformen europäischer Finanzmarktregulierung im deutschen Finanzsektor seit der Finanzkrise
Policy Report No.2
| Mar 2019 |
White Papers
|
Financial Intermediation
| 2019 | Regulierung, Banken, Kreditinstitute |
Haselmann, Rainer
Krahnen, Jan Pieter
Wahrenburg, Mark
| 1551394800 | Policy Paper | |
Volker Brühl, Jan Pieter Krahnen | Eine Open Banking Plattform für Deutschland – eine zukunftsorientierte Alternative zu einer Fusion Deutsche Bank/Commerzbank
Policy Letter No. 72
| Mar 2019 |
Policy Letters
|
Financial Intermediation
| 2019 | Open Banking Platform Germany, Bankenunion, Fusion, Deutsche Bank, Commerzbank |
Krahnen, Jan Pieter
Brühl, Volker
| 1551394800 | Policy Paper |
Professor,
|
Andreas Hackethal, Steffen Meyer, Charline Uhr | Smoking Hot Portfolios? Overtrading from Self-Control Failure
SAFE Working Paper No. 245
| Mar 2019 |
Working Papers
|
Household Finance
| 2019 | self-control; portfolio allocation; individual investor; trading behavior |
Meyer, Steffen
Hackethal, Andreas
Uhr, Charline
| 1551394800 | SAFE Working Paper |
Professor,
|
Tim Eisert, Christian Eufinger | Interbank Networks and Backdoor Bailouts: Benefiting from Other Banks’ Government Guarantees
Management Science
| Aug 2019 |
Research Publications
|
Law and Finance,
| 2019 | bailout, cycle flows, cyclical liabilities, interbank network, leverage |
Eisert, Tim
Eufinger, Christian
| 1564610400 | Published Paper | |
Mauro Bernardi, Michele Costola | High-Dimensional Sparse Financial Networks through a Regularised Regression Model
SAFE Working Paper No. 244
| Feb 2019 |
Working Papers
| | 2019 | VAR estimation, Financial Networks, Bayesian inference, Sparsity, Spike-and-Slab prior, Stochastic Search Variable Selection, Expectation-Maximisation |
Costola, Michele
Bernardi, Mauro
| 1548975600 | SAFE Working Paper | |
Roberto Casarin, Michele Costola | Structural Changes in Large Economic Datasets: A Nonparametric Homogeneity Test
Economics Letters
| Mar 2019 |
Research Publications
| | 2019 | |
Costola, Michele
Casarin, Roberto
| 1551394800 | Published Paper | |
Massimiliano Caporin, Michele Costola | Asymmetry and Leverage in GARCH Models: A News Impact Curve Perspective
Applied Economics
| Feb 2019 |
Research Publications
| | 2019 | |
Caporin, Massimiliano
Costola, Michele
| 1548975600 | Published Paper | |
Viral Acharya, Tim Eisert, Christian Eufinger, Christian Hirsch | Whatever it Takes: The Real Effects of Unconventional Monetary Policy
Review of Financial Studies
| Sep 2019 |
Research Publications
|
Financial Intermediation,
| 2019 | |
Hirsch, Christian
Eufinger, Christian
Eisert, Tim
Acharya, Viral
| 1567288800 | Published Paper | |
Christopher Busch, Alexander Ludwig | Higher-Order Income Risk over the Business Cycle: A Parametric Approach
SAFE Working Paper No. 274
| Mar 2020 |
Working Papers
|
Macro Finance
| 2020 | Labor Income Risk, Business Cycle, GMM Estimation, Skewness, Persistent and Transitory Income Shocks, Risk Attitudes, Life-Cycle Model |
Ludwig, Alexander
Busch, Christopher
| 1583017200 | SAFE Working Paper | |
Ester Faia, Vincenzo Pezone | The Heterogeneous Cost of Wage Rigidity: Evidence and Theory
SAFE Working Paper No. 242
| Jan 2019 |
Working Papers
|
Macro Finance
| 2019 | |
Pezone, Vincenzo
Faia, Ester
| 1546297200 | SAFE Working Paper | |
Martin Götz | Financial Constraints and Corporate Environmental Responsibility
SAFE Working Paper No. 241
| Sep 2019 |
Working Papers
|
Law and Finance
| 2019 | |
Götz, Martin
| 1567288800 | SAFE Working Paper | |
Jan Pieter Krahnen | Target Balances and Financial Crises
Policy Letter No. 71
| Jan 2019 |
Policy Letters
|
Financial Markets
| 2019 | Target 2, payment system, central banks, Eurosystem |
Krahnen, Jan Pieter
| 1546297200 | Policy Paper |
Professor,
|
Kunka Petkova, Alfons J. Weichenrieder | Grunderwerbsteuer: Eine Steuer für das 21. Jahrhundert?
White Paper No. 58
| Jan 2019 |
White Papers
|
Macro Finance
| 2019 | Grunderwerbsteuer, Reformvorschläge, Freibetrag, Steuergestaltung, Share Deals |
Weichenrieder, Alfons J.
Petkova, Kunka
| 1546297200 | Policy Paper | |
Paul Gortner, Baptiste Massenot | Leverage and Bubbles: Experimental Evidence
SAFE Working Paper No. 239
| Dec 2018 |
Working Papers
|
Macro Finance,
| 2018 | |
Massenot, Baptiste
Gortner, Paul
| 1543618800 | SAFE Working Paper | |
Holger Kraft, Claus Munk, Farina Weiss | Predictors and Portfolios Over the Life Cycle
Journal of Banking and Finance
| Mar 2019 |
Research Publications
|
Household Finance
| 2019 | Return predictability, human capital, housing, investments, welfare |
Kraft, Holger
Weiss, Farina
Munk, Claus
| 1551394800 | Published Paper | |
Joost Driessen, Theo E. Nijman, Zorka Simon | A Simple Approach to Estimate Long-Term Interest Rates
SAFE Working Paper No. 238
| Dec 2018 |
Working Papers
|
Financial Markets,
| 2018 | Sovereign Bonds, Term Structure of Interest Rates, Segmentation, Liquidity, Flight-to-safety, Credit Risk, Unconventional Monetary Policy |
Driessen, Joost
Nijman, Theo E.
Simon, Zorka
| 1543618800 | SAFE Working Paper | |
Nathanael Vellekoop | Explaining Intra-Monthly Consumption Patterns: The Timing of Income or the Timing of Consumption Commitments?
SAFE Working Paper No. 237
| Nov 2018 |
Working Papers
|
Household Finance
| 2018 | consumption, consumption commitments, paycheck frequency, liquidity |
Vellekoop, Nathanael
| 1541026800 | SAFE Working Paper | |
Mario Bellia, Kim Christensen, Aleksey Kolokolov, Loriana Pelizzon, Roberto Renò | Do Designated Market Makers Provide Liquidity During Extreme Price Movements?
SAFE Working Paper No. 270
| Mar 2020 |
Working Papers
|
Financial Markets,
| 2020 | |
Renò, Roberto
Christensen, Kim
Kolokolov, Aleksey
Bellia, Mario
Pelizzon, Loriana
| 1583017200 | SAFE Working Paper |
Professor,
|
Julia Hirsch, Uwe Walz | The Financing Dynamics of Newly Founded Firms
Journal of Banking and Finance
| Mar 2019 |
Research Publications
|
Law and Finance
| 2019 | financing decisions, life-cycle, firm growth, newly founded firms |
Hirsch, Julia
Walz, Uwe
| 1551394800 | Published Paper |
Professor,
|
Monica Billio, Massimiliano Caporin, Roberto Panzica, Loriana Pelizzon | The Impact of Network Connectivity on Factor Exposures, Asset Pricing and Portfolio Diversification
International Review of Economics & Finance
| Mar 2023 |
Research Publications
|
Financial Markets,
| 2023 | CAPM, volatility, network, interconnections, systematic risk |
Panzica, Roberto
Billio, Monica
Pelizzon, Loriana
Caporin, Massimiliano
| 1677625200 | Published Paper |
Professor,
|
Irina Gemmo, Helmut Gründl, Martin Götz | Life Insurance and Demographic Change: An Empirical Analysis of Surrender Decisions Based on Panel Data
SAFE Working Paper No. 240
| Jan 2019 |
Working Papers
|
Household Finance
| 2019 | |
Gründl, Helmut
Gemmo, Irina
Götz, Martin
| 1546297200 | SAFE Working Paper | |
Daniel Harenberg, Alexander Ludwig | Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security
International Economic Review
| May 2019 |
Research Publications
|
Household Finance,
Macro Finance
| 2019 | social security, idiosyncratic risk, aggregate risk, welfare |
Ludwig, Alexander
Harenberg, Daniel
| 1556661600 | Published Paper | |
Jasmin Gider, Peter Gomber, Simon N. M. Schmickler, Christian Westheide | High-Frequency Trading and Price Informativeness
SAFE Working Paper No. 248
| Mar 2019 |
Working Papers
|
Financial Markets
| 2019 | High-Frequency Trading, Price Efficiency, Information Acquisition, Information Production |
Schmickler, Simon N. M.
Gomber, Peter
Gider, Jasmin
Westheide, Christian
| 1551394800 | SAFE Working Paper | |
Mila Getmansky Sherman, Christian Kubitza, Loriana Pelizzon | Loss Sharing in Central Clearinghouses: Winners and Losers
SAFE Working Paper No. 235
| Dec 2018 |
Working Papers
| | 2018 | Central Clearing, Counterparty Risk, Systematic Risk, OTC markets, Derivatives, Loss Sharing, Collateral, Margin |
Pelizzon, Loriana
Getmansky Sherman, Mila
Kubitza, Christian
| 1543618800 | SAFE Working Paper |
Professor,
|
Nicoletta Berardi, Marie Lalanne, Paul Seabright | Professional Networks and their Coevolution with Executive Careers: Evidence from Europe and North America
SAFE Working Paper No. 243
| Feb 2019 |
Working Papers
|
Law and Finance
| 2019 | |
Seabright, Paul
Berardi, Nicoletta
Lalanne, Marie
| 1548975600 | SAFE Working Paper | |
Alejandro Bernales, Nicolas Garrido, Satchit Sagade, Marcela Valenzuela, Christian Westheide | Trader Competition in Fragmented Markets: Liquidity Supply versus Picking-off Risk
SAFE Working Paper No. 234
| Oct 2018 |
Working Papers
|
Financial Markets
| 2018 | Fragmentation, Competition, Liquidity, Price Efficiency |
Sagade, Satchit
Bernales, Alejandro
Valenzuela, Marcela
Garrido, Nicolas
Westheide, Christian
| 1538344800 | SAFE Working Paper | |
Vanya Horneff, Daniel Liebler, Raimond Maurer, Olivia S. Mitchell | Money-Back Guarantees in Individual Retirement Accounts: Still a Good Deal?
SAFE Working Paper No. 263
| Oct 2019 |
Working Papers
|
Household Finance
| 2019 | individual retirement account, investment guarantee, longevity risk, retirement income, life cycle model |
Liebler, Daniel
Maurer, Raimond
Horneff, Vanya
Mitchell, Olivia S.
| 1569880800 | SAFE Working Paper | |
Baptiste Massenot, Yuri Pettinicchi | Can Households See into the Future? Survey Evidence from the Netherlands
Journal of Economic Behavior and Organization
| Aug 2019 |
Research Publications
|
Macro Finance
| 2019 | |
Massenot, Baptiste
Pettinicchi, Yuri
| 1564610400 | Published Paper | |
Tabea Bucher-Koenen, Andreas Hackethal, Johannes Kasinger, Christine Laudenbach | Wie viel Rente wirst du bekommen? – Pilotstudie zur Einführung einer Renteninformationsplattform in Deutschland
White Paper No. 57
| Oct 2018 |
White Papers
|
Household Finance
| 2018 | |
Kasinger, Johannes
Hackethal, Andreas
Laudenbach, Christine
Bucher-Koenen, Tabea
| 1538344800 | Policy Paper |
Professor,
Professor,
|
Holger Kraft, Farina Weiss | Consumption-Portfolio Choice with Preferences for Cash
Journal of Economic Dynamics and Control
| Jan 2019 |
Research Publications
|
Household Finance
| 2019 | consumption-portfolio choice, money in the utility function, stock demand, stochastic control |
Kraft, Holger
Weiss, Farina
| 1546297200 | Published Paper | |
Tim Alexander Kroencke, Maik Schmeling, Andreas Schrimpf | The FOMC Risk Shift
SAFE Working Paper No. 302
| Jan 2021 |
Working Papers
|
Financial Markets
| 2021 | Monetary Policy Surprises; Equity Premium; Fund Flows; Portfolio Rebalanc- ing; Price Pressures |
Kroencke, Tim Alexander
Schmeling, Maik
Schrimpf, Andreas
| 1609455600 | SAFE Working Paper | |
Jannic Cutura | Debt Holder Monitoring and Implicit Guarantees: Did the BRRD Improve Market Discipline?
SAFE Working Paper No. 232
| Sep 2018 |
Working Papers
|
Financial Intermediation
| 2018 | |
Cutura, Jannic
| 1535752800 | SAFE Working Paper | |
Benjamin Clapham, Peter Gomber, Jens Lausen, Sven Panz | Liquidity Provider Incentives in Fragmented Securities Markets
SAFE Working Paper No. 231
| Jul 2018 |
Working Papers
|
Financial Markets
| 2018 | Liquidity, Trading Volume, Market Fragmentation, Liquidity Provider Incentives, Transaction Costs |
Gomber, Peter
Lausen, Jens
Clapham, Benjamin
Panz, Sven
| 1530396000 | SAFE Working Paper | |
Yalin Gündüz, Giorgio Ottonello, Loriana Pelizzon, Michael Schneider, Marti Subrahmanyam | Lighting up the Dark: Liquidity in the German Corporate Bond Market
SAFE Working Paper No. 230
| Sep 2018 |
Working Papers
|
Financial Markets,
| 2018 | Corporate Bonds, WpHG, Liquidity, Transparency, OTC markets |
Gündüz, Yalin
Subrahmanyam, Marti
Ottonello, Giorgio
Schneider, Michael
Pelizzon, Loriana
| 1535752800 | SAFE Working Paper |
Professor,
|
Daniel Harenberg | Asset Pricing in OLG Economies With Borrowing Constraints and Idiosyncratic Income Risk
SAFE Working Paper No. 229
| Sep 2018 |
Working Papers
|
Macro Finance
| 2018 | equity premium; idiosyncratic risk; aggregate risk; lifecycle |
Harenberg, Daniel
| 1535752800 | SAFE Working Paper | |
Roberto Panzica | Idiosyncratic Volatility Puzzle: The Role of Assets' Interconnections
SAFE Working Paper No. 228
| Aug 2018 |
Working Papers
|
Financial Markets,
| 2018 | Idiosyncratic volatility puzzle; Networks; Expected Returns; Granger Causality |
Panzica, Roberto
| 1533074400 | SAFE Working Paper | |
Mila Getmansky Sherman, Giulio Girardi, Stanislava Nikolova, Loriana Pelizzon, Kathleen Weiss Hanley | Portfolio Similarity and Asset Liquidation in the Insurance Industry
Journal of Financial Economics
| Oct 2021 |
Research Publications
|
Financial Markets,
| 2021 | Interconnectedness, Asset Liquidation, Similarity, Financial Stability, Insurance Com- panies, SIFI |
Weiss Hanley, Kathleen
Getmansky Sherman, Mila
Pelizzon, Loriana
Nikolova, Stanislava
Girardi, Giulio
| 1633039200 | Published Paper |
Professor,
|
Mila Getmansky Sherman, Ravi Jagannathan, Loriana Pelizzon, Ernst Schaumburg, Darya Yuferova | Recovery from Fast Crashes: Role of Mutual Funds
SAFE Working Paper No. 227
| Jul 2018 |
Working Papers
|
Financial Markets,
| 2018 | Liquidity Provision; Market Fragility; Flash Crash; Slow-Moving Capital |
Getmansky Sherman, Mila
Pelizzon, Loriana
Yuferova, Darya
Schaumburg, Ernst
Jagannathan, Ravi
| 1530396000 | SAFE Working Paper |
Professor,
|
Vanessa Endrejat, Matthias Thiemann | Reviving the Shadow Banking Chain in Europe: Regulatory Agency, Technical Complexity and the Dynamics of Co-Habitation
SAFE Working Paper No. 222
| Jun 2018 |
Working Papers
|
Financial Intermediation
| 2018 | |
Endrejat, Vanessa
Thiemann, Matthias
| 1527804000 | SAFE Working Paper | |
Jan Pieter Krahnen | Über Scheinriesen: Was TARGET-Salden tatsächlich bedeuten Eine finanzökonomische Überprüfung
White Paper No. 56
| Aug 2018 |
White Papers
|
Financial Markets
| 2018 | TARGET-Salden, TARGET2, europäischer Zahlungsverkehr, Zentralbankensystem, Eurosystem |
Krahnen, Jan Pieter
| 1533074400 | Policy Paper |
Professor,
|
Axel Börsch-Supan, Duarte Nuno Leite, Alexander Ludwig | Endogenous Retirement Behavior of Heterogeneous Households Under Pension Reforms
SAFE Working Paper No. 221
| Apr 2018 |
Working Papers
|
Macro Finance
| 2018 | Population aging, pension reform, social security, life-cycle behavior, labor supply, retirement age, welfare |
Ludwig, Alexander
Börsch-Supan, Axel
Leite, Duarte Nuno
| 1522533600 | SAFE Working Paper | |
Florian Hoffmann, Roman Inderst, Marcus Opp | Only Time will Tell: A Theory of Deferred Compensation
SAFE Working Paper No. 218
| Aug 2018 |
Working Papers
|
Law and Finance
| 2018 | Compensation design, duration of pay, moral hazard, persistence, principal- agent models, informativeness principle |
Opp, Marcus
Inderst, Roman
Hoffmann, Florian
| 1533074400 | SAFE Working Paper | |
Andreas Hackethal, Christine Laudenbach, Steffen Meyer, Annika Weber | Client Involvement in Expert Advice: Antibiotics in Finance?
SAFE Working Paper No. 219
| Jul 2018 |
Working Papers
|
Household Finance
| 2018 | Financial Advice, Individual Investors, Client Involvement |
Hackethal, Andreas
Meyer, Steffen
Weber, Annika
Laudenbach, Christine
| 1530396000 | SAFE Working Paper |
Professor,
Professor,
|
Florian Deuflhard | Quantifying Inertia in Retail Deposit Markets
SAFE Working Paper No. 223
| Mar 2018 |
Working Papers
|
Household Finance
| 2018 | |
Deuflhard, Florian
| 1519858800 | SAFE Working Paper | |
Andrej Gill, Florian Hett, Johannes Tischer | Measuring Time Inconsistency Using Financial Transaction Data
White Paper No. 55
| Jul 2018 |
White Papers
|
Household Finance,
| 2018 | financial transaction data, financial decision-making, time inconsistency, present bias |
Tischer, Johannes
Gill, Andrej
Hett, Florian
| 1530396000 | Policy Paper | |
Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré | Pricing Sin Stocks: Ethical Preference vs. Risk Aversion
SAFE Working Paper No. 216
| Jul 2018 |
Working Papers
|
Financial Markets
| 2018 | Asset Pricing, General Equilibrium, Sin Stocks |
Curatola, Giuliano
Gioffré, Alessandro
Colonnello, Stefano
| 1530396000 | SAFE Working Paper | |
Reint Gropp, Felix Noth, Ulrich Schüwer | What Drives Banks' Geographic Expansion? The Role of Locally Non-Diversifiable Risk
SAFE Working Paper No. 246
| Mar 2019 |
Working Papers
|
Financial Intermediation
| 2019 | banking, geographic expansion, deregulation, locally non-diversiable risk, catastrophic risk |
Gropp, Reint
Noth, Felix
Schüwer, Ulrich
| 1551394800 | SAFE Working Paper | |
Nils Grevenbrock, Max Groneck, Alexander Ludwig, Alexander Zimper | Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs
International Economic Review
| May 2021 |
Research Publications
|
Macro Finance
| 2021 | |
Ludwig, Alexander
Grevenbrock, Nils
Zimper, Alexander
Groneck, Max
| 1619820000 | Published Paper | |
Alfons J. Weichenrieder, Fangying Xu | Are Tax Havens Good? Implications of the Crackdown on Secrecy
Journal of Economics
| Jul 2019 |
Research Publications
|
Macro Finance
| 2019 | |
Xu, Fangying
Weichenrieder, Alfons J.
| 1561932000 | Published Paper | |
Peter Gomber, Ilya Gvozdevskiy | Dark Trading under MiFID II
Regulation of the EU Financial Markets: MiFID II and MiFIR (Oxford University Press)
| Jan 2017 |
Research Publications
|
Financial Markets
| 2017 | |
Gvozdevskiy, Ilya
Gomber, Peter
| 1483225200 | Published Paper | |
Loriana Pelizzon, Anjan Thakor, Calebe de Roure | P2P Lenders versus Banks: Cream Skimming or Bottom Fishing?
The Review of Corporate Finance Studies
| May 2022 |
Research Publications
|
Household Finance
| 2022 | |
de Roure, Calebe
Pelizzon, Loriana
Thakor, Anjan
| 1651356000 | Published Paper |
Professor,
|
Claes Bäckman, Tobin Hanspal | Participation and Losses in Multi-Level Marketing: Evidence from a Federal Trade Commission Settlement
Finance Planning Review
| Mar 2022 |
Research Publications
|
Household Finance
| 2022 | |
Bäckman, Claes
Hanspal, Tobin
| 1646089200 | Published Paper | |
Jaakko Aspara, Arvid Hoffmann, Joost Pennings, Simone Wies | Can Advertising Investments Counter the Negative Impact of Shareholder Complaints on Firm Value?
Journal of Marketing
| Jul 2019 |
Research Publications
|
Household Finance
| 2019 | |
Pennings, Joost
Aspara, Jaakko
Wies, Simone
Hoffmann, Arvid
| 1561932000 | Published Paper | |
Henning Hesse, Boris Hofmann, James Weber | The Macroeconomic Effects of Asset Purchases Revisited
Journal of Macroeconomics
| Dec 2018 |
Research Publications
|
Macro Finance
| 2018 | |
Hesse, Henning
Weber, James
Hofmann, Boris
| 1543618800 | Published Paper | |
Domenico Rocco Cambrea, Stefano Colonnello, Giuliano Curatola, Giulia Fantini | CEO Investment of Deferred Compensation Plans and Firm Performance
Journal of Business Finance & Accounting
| Aug 2019 |
Research Publications
|
Law and Finance
| 2019 | Inside Debt, Executive Compensation, Corporate Distress |
Colonnello, Stefano
Cambrea, Domenico Rocco
Curatola, Giuliano
Fantini, Giulia
| 1564610400 | Published Paper | |
Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré | Pricing Sin Stocks: Ethical Preference vs. Risk Aversion
European Economic Review
| Sep 2019 |
Research Publications
|
Financial Markets
| 2019 | |
Colonnello, Stefano
Curatola, Giuliano
Gioffré, Alessandro
| 1567288800 | Published Paper | |
Yangming Bao, Martin Götz | Local Peer Effects and Corporate Investment
SAFE Working Paper No. 220
| Jul 2018 |
Working Papers
|
Law and Finance
| 2018 | Investments, Peer Firm Effects, Agglomeration, Corporate Income Tax |
Götz, Martin
Bao, Yangming
| 1530396000 | SAFE Working Paper | |
Baptiste Massenot, Giang Nghiem | Depressed Demand
SAFE Working Paper No. 257
| Aug 2019 |
Working Papers
|
Macro Finance
| 2019 | |
Massenot, Baptiste
Nghiem, Giang
| 1564610400 | SAFE Working Paper | |
Rainer Haselmann, Mark Wahrenburg | How Demanding and Consistent is the 2018 Stress Test Design in Comparison to Previous Exercises?
White Paper No. 54
| Jun 2018 |
White Papers
|
Financial Intermediation
| 2018 | stress test, European banks, Banking union, |
Wahrenburg, Mark
Haselmann, Rainer
| 1527804000 | Policy Paper | |
Massimiliano Caporin, Aleksey Kolokolov, Roberto Renò | Systemic Co-Jumps
Journal of Financial Economics
| Dec 2017 |
Research Publications
|
Financial Markets,
| 2017 | Jumps; Return predictability; Systemic events; Variance risk premium |
Caporin, Massimiliano
Renò, Roberto
Kolokolov, Aleksey
| 1512082800 | Published Paper | |
Edin Ibrocevic, Matthias Thiemann | All Economic Ideas are Equal, but Some are more Equal than Others: A Differentiated Perspective on Macroprudential Ideas and their Implementation
SAFE Working Paper No. 214
| Jun 2018 |
Working Papers
|
Financial Intermediation,
| 2018 | macroprudential regulation, ideational shift, systemic risk, topic modelling, central bank policy |
Ibrocevic, Edin
Thiemann, Matthias
| 1527804000 | SAFE Working Paper | |
Jan Friedrich, Matthias Thiemann | A New Governance Architecture for European Financial Markets? Towards a European Supervision of CCPs
White Paper No. 53
| Jun 2018 |
White Papers
|
Financial Intermediation
| 2018 | Central Counterparties, European Supervisory Architecture, Capital Markets Union, regulatory arbitrage, EMIR, supervisory arbitrage, Brexit |
Friedrich, Jan
Thiemann, Matthias
| 1527804000 | Policy Paper | |
Olga Goldfayn-Frank, Nathanael Vellekoop | The Role of Personality Traits in Household Loan Expectations and Borrowing Constraints
SAFE Working Paper No. 381
| Jan 2023 |
Working Papers
|
Financial Intermediation,
Household Finance
| 2023 | |
Goldfayn-Frank, Olga
Vellekoop, Nathanael
| 1672527600 | SAFE Working Paper | |
Marcel Bluhm | Persistent Liquidity Shocks and Interbank Funding
Journal of Financial Stability
| Jun 2018 |
Research Publications
|
Financial Intermediation,
| 2018 | Financial fragility, Interbank market, Liquidity, Maturity, Network |
Bluhm, Marcel
| 1527804000 | Published Paper | |
Otmar Issing | Stabiles Geld – eine Illusion? Alternative Währungssysteme – Hayeks Fundamentalkritik – Unabhängigkeit der Notenbanken
White Paper No. 52
| Jun 2018 |
White Papers
|
Macro Finance
| 2018 | Geldpolitik, Zentralbanken, Unabhängigkeit, Währungswettbewerb, Kryptowährungen, Hayek |
Issing, Otmar
| 1527804000 | Policy Paper | |
Aleksey Kolokolov, Giulia Livieri, Davide Pirino | Statistical Inferences for Price Staleness
SAFE Working Paper No. 236
| Nov 2018 |
Working Papers
|
Financial Markets
| 2018 | staleness, idle time, liquidity, zero returns, stable convergence |
Kolokolov, Aleksey
Livieri, Giulia
Pirino, Davide
| 1541026800 | SAFE Working Paper | |
Jan Friedrich, Christian Resch, Matthias Thiemann | If you do it, do it right – The need for a Common European Supervisory Architecture for CCPs
Policy Letter No. 70
| May 2018 |
Policy Letters
|
Financial Intermediation
| 2018 | Central Counterparties, European Supervisory Architecture, Capital Markets Union, regulatory arbitrage, EMIR, supervisory arbitrage |
Resch, Christian
Thiemann, Matthias
Friedrich, Jan
| 1525125600 | Policy Paper | |
Jannis Bischof, Christian Laux, Christian Leuz | Accounting for Financial Stability: Lessons from the Financial Crisis and Future Challenges
SAFE Working Paper No. 283
| Jul 2020 |
Working Papers
|
Financial Intermediation
| 2020 | Banks, Financial crisis, Financial stability, Disclosure, Loan loss accounting, Expected credit losses, Incurred loss model, Prudential filter, Fair value accounting |
Laux, Christian
Bischof, Jannis
Leuz, Christian
| 1593554400 | SAFE Working Paper | |
Thomas Mosk | Bargaining with a Bank
SAFE Working Paper No. 211
| Jan 2018 |
Working Papers
|
Financial Intermediation
| 2018 | Credit lines, Contract terms, Bargaining, Screening |
Mosk, Thomas
| 1514761200 | SAFE Working Paper | |
Darien Huang, Christian Schlag, Ivan Shaliastovich, Julian Thimme | Volatility-of-Volatility Risk
SAFE Working Paper No. 210
| May 2018 |
Working Papers
|
Financial Markets
| 2018 | volatility of volatility, hedging errors, risk premiums |
Thimme, Julian
Huang, Darien
Shaliastovich, Ivan
Schlag, Christian
| 1525125600 | SAFE Working Paper |
Professor,
|
Claudia Lambert, Felix Noth, Ulrich Schüwer | How Do Banks React to Catastrophic Events? Evidence from Hurricane Katrina
Review of Finance
| Feb 2019 |
Research Publications
|
Financial Intermediation
| 2019 | catastrophic events, bank regulation, capital ratios, natural experiment |
Schüwer, Ulrich
Noth, Felix
Lambert, Claudia
| 1548975600 | Published Paper | |
Zsuzsa R. Huszar, Zorka Simon | The Pricing Implications of Oligopolistic Securities Lending Market: A Beneficial Owner Perspective
SAFE Working Paper No. 215
| Jun 2018 |
Working Papers
| | 2018 | |
Huszar, Zsuzsa R.
Simon, Zorka
| 1527804000 | SAFE Working Paper | |
Eren Gürer, Alfons J. Weichenrieder | Pro-rich Inflation in Europe: Implications for the Measurement of Inequality
SAFE Working Paper No. 209
| May 2018 |
Working Papers
|
Macro Finance
| 2018 | Inequality, Gini, EU countries, income dependent inflation |
Weichenrieder, Alfons J.
Gürer, Eren
| 1525125600 | SAFE Working Paper | |
Fabian Ochsenfeld | The Relational Nature of Employment Dualization: Evidence from Subcontracting Establishments
European Sociological Review
| Jun 2018 |
Research Publications
|
Law and Finance
| 2018 | |
Ochsenfeld, Fabian
| 1527804000 | Published Paper | |
Vasso Ioannidou, Jose Liberti, Thomas Mosk, Jason Sturgess | Intended and Unintended Consequences of Government Credit Guarantee Programs
Finance and Investment: The European Case (Oxford University Press)
| Jan 2018 |
Research Publications
|
Financial Intermediation
| 2018 | |
Mosk, Thomas
Ioannidou, Vasso
Liberti, Jose
Sturgess, Jason
| 1514761200 | Published Paper | |
Nikolaus Fink, Philipp Schmidt-Dengler, Konrad Stahl, Christine Zulehner | Registered Cartels in Austria: An Overview
European Journal of Law and Economics
| Jul 2017 |
Research Publications
|
Law and Finance
| 2017 | Collusion, Cartels, Legal cartels, Contracts |
Stahl, Konrad
Zulehner, Christine
Schmidt-Dengler, Philipp
Fink, Nikolaus
| 1498860000 | Published Paper | |
Klaus Gugler, Michael Weichselbaumer, Christine Zulehner | Effects of Government Spending on Employment: Evidence from Winners and Runners-up in Procurement Auctions
SAFE Working Paper No. 213
| May 2018 |
Working Papers
|
Macro Finance
| 2018 | labor demand, labor hoarding, construction procurement, first-price auctions, recent economic crisis, regression discontinuity design |
Zulehner, Christine
Gugler, Klaus
Weichselbaumer, Michael
| 1525125600 | SAFE Working Paper | |
Helmut Elsinger, Philipp Schmidt-Dengler, Christine Zulehner | Competition in Treasury Auctions
American Economic Journal: Microeconomics
| Feb 2019 |
Research Publications
|
Law and Finance
| 2019 | treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format |
Schmidt-Dengler, Philipp
Zulehner, Christine
Elsinger, Helmut
| 1548975600 | Published Paper | |
Michael Donadelli, Antonio Paradiso, Max Riedel | A Quasi Real-Time Leading Indicator for the EU Industrial Production
The Manchester School
| Jul 2019 |
Research Publications
|
Financial Markets
| 2019 | Leading indicator, EU industrial production, Granger causality, Turning points, Forward-looking Taylor rule |
Riedel, Max
Paradiso, Antonio
Donadelli, Michael
| 1561932000 | Published Paper | |
Jan Friedrich, Matthias Thiemann | Why the Initial Regulation of Financial Innovations is Decisive − Regulatory Arbitrage and Off-Balance-Sheet Leasing in Germany
Policy Letter No. 69
| May 2018 |
Policy Letters
|
Financial Markets
| 2018 | financial innovations, regulation, regulatory arbitrage, leasing |
Friedrich, Jan
Thiemann, Matthias
| 1525125600 | Policy Paper | |
Claes Bäckman, Tobin Hanspal | Participation and Losses in Multi-Level Marketing: Evidence from an FTC Settlement
SAFE Working Paper No. 207
| Apr 2018 |
Working Papers
|
Household Finance
| 2018 | Intermediated work; Multi-level marketing; Gig-economy; Entrepreneurship; Con- sumer financial protection |
Bäckman, Claes
Hanspal, Tobin
| 1522533600 | SAFE Working Paper | |
Reint Gropp, Thomas Mosk, Steven Ongena, Carlo Wix | Bank Response to Higher Capital Requirements: Evidence from a Quasi-Natural Experiment
Review of Financial Studies
| Jan 2019 |
Research Publications
|
Financial Intermediation
| 2019 | Bank capital ratios, Bank regulation, Credit supply |
Gropp, Reint
Mosk, Thomas
Ongena, Steven
Wix, Carlo
| 1546297200 | Published Paper | |
Michael Brennan, Holger Kraft | Leaning Against the Wind: Debt Financing in the Face of Adversity
Financial Management
| Sep 2018 |
Research Publications
|
Financial Markets
| 2018 | Capital structure, financing policy, managerial incentives |
Brennan, Michael
Kraft, Holger
| 1535752800 | Published Paper | |
Horst Entorf, Jia Hou | Financial Education for the Disadvantaged? A Review
SAFE Working Paper No. 205
| Apr 2018 |
Working Papers
|
Household Finance
| 2018 | Education, Financial Literacy, Inequality, Program Evaluation |
Entorf, Horst
Hou, Jia
| 1522533600 | SAFE Working Paper | |
Tobias Tröger | Too Complex to Work – A Critical Assessment of the Bail-in Tool under the European Bank Recovery and Resolution Regime
Journal of Financial Regulation
| Mar 2018 |
Research Publications
|
Financial Intermediation
| 2018 | |
Tröger, Tobias
| 1519858800 | Published Paper |
Professor,
|
Massimiliano Caporin, Loriana Pelizzon, Francesco Ravazzolo, Roberto Rigobon | Measuring Sovereign Contagion in Europe
Journal of Financial Stability
| Feb 2018 |
Research Publications
|
Financial Markets,
| 2018 | |
Pelizzon, Loriana
Rigobon, Roberto
Ravazzolo, Francesco
Caporin, Massimiliano
| 1517439600 | Published Paper |
Professor,
|
Stephanie Collet, Kim Oosterlinck | Le Concept de Dettes Odieuses
Revue d´économie Financière
| Jan 2019 |
Research Publications
|
Financial Intermediation,
| 2019 | |
Collet, Stephanie
Oosterlinck, Kim
| 1546297200 | Published Paper | |
Florian Hett, Felix Schmidt | Pushing Through or Slacking Off? Heterogeneity in the Reaction to Rank Feedback
SAFE Working Paper No. 203
| Apr 2018 |
Working Papers
|
Household Finance,
| 2018 | heterogeneity, competitiveness; contest; rank feedback, relative performance evaluation |
Hett, Florian
Schmidt, Felix
| 1522533600 | SAFE Working Paper | |
Stephanie Collet, Kim Oosterlinck | Denouncing Odious Debts
Journal of Business Ethics
| Apr 2018 |
Research Publications
|
Financial Markets,
| 2018 | Ethics, Odious debt, Repudiation, Financial history, Sovereign debt, Russia |
Collet, Stephanie
Oosterlinck, Kim
| 1522533600 | Published Paper | |
Nicole Branger, Paulo Rodrigues, Christian Schlag | Level and Slope of Volatility Smiles in Long-Run Risk Models
SAFE Working Paper No. 186
| Nov 2017 |
Working Papers
|
Financial Markets,
| 2017 | Asset pricing, Epstein-Zin preferences, jump risk, stochastic volatility, level and slope of implied volatility smile |
Rodrigues, Paulo
Schlag, Christian
Branger, Nicole
| 1509490800 | SAFE Working Paper |
Professor,
|
Matthias Goldmann, Grygoriy Pustovit | Governing Cryptocurrencies through Forward Guidance?
Policy Letter No. 68
| Mar 2018 |
Policy Letters
|
Financial Markets
| 2018 | cryptocurrencies, blockchain, distributed ledger technology, regulation, forward guidance |
Goldmann, Matthias
Pustovit, Grygoriy
| 1519858800 | Policy Paper | |
Tobias Tröger | Germany's Reluctance to Regulate Related Party Transactions
SAFE Working Paper No. 202
| Feb 2018 |
Working Papers
|
Law and Finance
| 2018 | related party transactions, Germany Inc., industrial organization, tunneling, private benefits of control, capital maintenance, group law |
Tröger, Tobias
| 1517439600 | SAFE Working Paper |
Professor,
|
Dirk Krueger, Alexander Ludwig | Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk
SAFE Working Paper No. 201
| Feb 2018 |
Working Papers
|
Macro Finance
| 2018 | Idiosyncratic Risk, Taxation of Capital, Overlapping Generations, Precautionary Saving, Pecuniary Externality |
Krueger, Dirk
Ludwig, Alexander
| 1517439600 | SAFE Working Paper | |
Nils Grevenbrock, Max Groneck, Alexander Ludwig, Alexander Zimper | Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs
SAFE Working Paper No. 200
| Feb 2018 |
Working Papers
|
Macro Finance
| 2018 | Subjective Survival Beliefs, Probability Weighting Function, Conrmatory Bias, Cognition, Optimism, Pessimism |
Zimper, Alexander
Ludwig, Alexander
Grevenbrock, Nils
Groneck, Max
| 1517439600 | SAFE Working Paper | |
Massimiliano Caporin, Luca Corazzini, Michele Costola | Measuring the Behavioural Component of the S&P 500 and its Relationship to Financial Stress and Aggregated Earnings Surprises
British Journal of Management
| Jul 2019 |
Research Publications
|
Financial Markets,
| 2019 | |
Caporin, Massimiliano
Costola, Michele
Corazzini, Luca
| 1561932000 | Published Paper | |
Tobias Tröger | Regulation of Crowdfunding in Germany
SAFE Working Paper No. 199
| Feb 2018 |
Working Papers
|
Law and Finance
| 2018 | crowdfunding, crowdsponsoring, crowdlending, crowdinvesting, contract law, conflict of laws, banking regulation, securities regulation |
Tröger, Tobias
| 1517439600 | SAFE Working Paper |
Professor,
|
Benjamin Clapham, Peter Gomber, Martin Haferkorn, Paul Jentsch, Sven Panz | Circuit Breakers – A Survey among International Trading Venues
SAFE Working Paper No. 197
| Feb 2018 |
Working Papers
|
Financial Markets
| 2018 | |
Panz, Sven
Clapham, Benjamin
Gomber, Peter
Jentsch, Paul
Haferkorn, Martin
| 1517439600 | SAFE Working Paper | |
Johannes Kasinger, Loriana Pelizzon | Financial Stability in the EU: A Case for Micro Data Transparency
Policy Letter No. 67
| Feb 2018 |
Policy Letters
|
Financial Markets,
| 2018 | micro data transparency, financial stability, financial market data |
Kasinger, Johannes
Pelizzon, Loriana
| 1517439600 | Policy Paper |
Professor,
|
Brigitte Haar | Too-big-to-fail im Spannungsfeld von Wettbewerb und Regulierung
Festschrift für Theodor Baums zum siebzigsten Geburtstag (Mohr Siebeck)
| Jan 2017 |
Research Publications
|
Financial Intermediation
| 2017 | |
Haar, Brigitte
| 1483225200 | Published Paper | |
Reinhard H. Schmidt | Passt das deutsche Dreisäulensystem in eine zunehmend harmonisierte Bankenstruktur für Europa?
Policy Letter No. 65
| Feb 2018 |
Policy Letters
|
Financial Intermediation
| 2018 | Drei-Säulen-System, Bankensektor, Finanzkrise |
Schmidt, Reinhard H.
| 1517439600 | Policy Paper | |
Martin Haferkorn | High-Frequency Trading and its Role in Fragmented Markets
Journal of Information Technology
| Sep 2017 |
Research Publications
|
Financial Markets
| 2017 | Eelectronic market hypothesis, High-frequency trading, Market efficiency, Regulation, Securities trading |
Haferkorn, Martin
| 1504216800 | Published Paper | |
Markus Gangl | Lohnbildung und Lohnverteilung
Arbeitsmarktsoziologie: Probleme, Theorien, empirische Befunde (Springer)
| Jan 2018 |
Research Publications
|
Law and Finance
| 2018 | |
Gangl, Markus
| 1514761200 | Published Paper | |
Iñaki Aldasoro, Domenico Delli Gatti, Ester Faia | Bank Networks: Contagion, Systemic Risk and Prudential Policy
Journal of Economic Behavior and Organization
| Oct 2017 |
Research Publications
|
Macro Finance
| 2017 | Banking networks; Systemic risk; Contagion, Fire sales, Prudential regulation |
Aldasoro, Iñaki
Faia, Ester
Delli Gatti, Domenico
| 1506808800 | Published Paper | |
Iñaki Aldasoro, Ester Faia | Systemic Loops and Liquidity Regulation
Journal of Financial Stability
| Dec 2016 |
Research Publications
|
Macro Finance
| 2016 | Bank runs, Liquidity scarcity, Interconnections, Contagion, Phase-in |
Aldasoro, Iñaki
Faia, Ester
| 1480546800 | Published Paper | |
Baptiste Massenot | Pain of Paying in a Business Cycle Model
SAFE Working Paper No. 194
| Dec 2018 |
Working Papers
|
Macro Finance
| 2018 | |
Massenot, Baptiste
| 1543618800 | SAFE Working Paper | |
Otmar Issing | Deutschland und Europa
Policy Letter No. 66
| Feb 2018 |
Policy Letters
|
Macro Finance
| 2018 | Europäische Währungsunion, Fiskalunion, ESM, Europäischer Währungsfonds |
Issing, Otmar
| 1517439600 | Policy Paper | |
Mario Bellia, Giulio Girardi, Roberto Panzica, Loriana Pelizzon, Tuomas A. Peltonen | The Demand for Central Clearing: To Clear or Not to Clear, That is the Question
SAFE Working Paper No. 193
| Jun 2018 |
Working Papers
| | 2018 | Credit Default Swap (CDS), Central Counterparty Clearing House (CCP), European Market Infrastructure Regulation (EMIR), Sovereign |
Panzica, Roberto
Pelizzon, Loriana
Peltonen, Tuomas A.
Girardi, Giulio
Bellia, Mario
| 1527804000 | SAFE Working Paper |
Professor,
|
Steffen Andersen, Tobin Hanspal, Kasper Meisner Nielsen | Once Bitten, Twice Shy: The Power of Personal Experiences in Risk Taking
Journal of Financial Economics
| Jun 2019 |
Research Publications
|
Household Finance
| 2019 | Experiences, Risk taking, Financial crisis, Household finance |
Hanspal, Tobin
Andersen, Steffen
Meisner Nielsen, Kasper
| 1559340000 | Published Paper | |
Patrick Grüning | Heterogeneity in the Internationalization of R&D: Implications for Anomalies in Finance and Macroeconomics
Finance Research Letters
| Sep 2018 |
Research Publications
|
Financial Markets
| 2018 | Heterogeneous innovation; Technology spillover; Endogenous growth; Creative destruction; International finance |
Grüning, Patrick
| 1535752800 | Published Paper | |
Massimiliano Caporin, Michele Costola, Gregory Jannin, Bertrand B. Maillet | On the (Ab)use of Omega?
Journal of Empirical Finance
| Mar 2018 |
Research Publications
| | 2018 | Performance measure Omega Return distribution Risk Stochastic dominance |
Caporin, Massimiliano
Jannin, Gregory
Maillet, Bertrand B.
Costola, Michele
| 1519858800 | Published Paper | |
Benjamin Clapham, Peter Gomber, Martin Haferkorn, Paul Jentsch, Sven Panz | Ensuring Market Integrity and Stability: Circuit Breakers on International Trading Venues
Journal of Trading
| Jan 2017 |
Research Publications
|
Financial Markets
| 2017 | |
Gomber, Peter
Panz, Sven
Jentsch, Paul
Clapham, Benjamin
Haferkorn, Martin
| 1483225200 | Published Paper | |
Loriana Pelizzon, Anjan Thakor, Calebe de Roure | P2P Lending versus Banks: Cream Skimming or Bottom Fishing?
SAFE Working Paper No. 206
| May 2018 |
Working Papers
|
Household Finance,
| 2018 | |
de Roure, Calebe
Pelizzon, Loriana
Thakor, Anjan
| 1525125600 | SAFE Working Paper |
Professor,
|
Loriana Pelizzon, Matteo Sottocornola | The Impact of Monetary Policy Interventions on the Insurance Industry
SAFE Working Paper No. 204
| Apr 2018 |
Working Papers
|
Financial Markets,
Macro Finance,
| 2018 | Event study, monetary policy surprise, unconventional monetary policy, conventional monetary policy, insurance industry |
Pelizzon, Loriana
Sottocornola, Matteo
| 1522533600 | SAFE Working Paper |
Professor,
|
Alfons J. Weichenrieder | Digitalization and Taxation: Beware Ad hoc Measures
Policy Letter No. 64
| Jan 2018 |
Policy Letters
|
Macro Finance
| 2018 | Digitalization, taxation |
Weichenrieder, Alfons J.
| 1514761200 | Policy Paper | |
Matthias Goldmann | Monetary Policy and Prudential Supervision – From Functional Separation to a Holistic Approach?
Policy Letter No. 63
| Jan 2018 |
Policy Letters
|
Macro Finance
| 2018 | Monetary policy, financial stability, financial supervision |
Goldmann, Matthias
| 1514761200 | Policy Paper | |
Fabrizio Lillo, Loriana Pelizzon, Michael Schneider | Modelling Illiquidity Spillovers with Hawkes Processes: An Application to the Sovereign Bond Market
Quantitative Finance
| Jan 2018 |
Research Publications
|
Financial Markets,
| 2018 | Liquidity, Jump detection, Hawkes processes, Government bonds, MTS bond market |
Schneider, Michael
Lillo, Fabrizio
Pelizzon, Loriana
| 1514761200 | Published Paper |
Professor,
|
Nathanael Vellekoop, Mirko Wiederholt | Inflation Expectations and Choices of Households
SAFE Working Paper No. 250
| May 2019 |
Working Papers
|
Household Finance
| 2019 | |
Wiederholt, Mirko
Vellekoop, Nathanael
| 1556661600 | SAFE Working Paper | |
Luca Enriques, Tobias Tröger | The Law and Finance of Related Party Transactions
Cambridge University Press
| Jun 2019 |
Research Publications
|
Law and Finance
| 2019 | |
Tröger, Tobias
Enriques, Luca
| 1559340000 | Published Paper |
Professor,
|
Vincenzo Pezone | The Real Effects of Judicial Enforcement
SAFE Working Paper No. 192
| Oct 2018 |
Working Papers
|
Law and Finance
| 2018 | |
Pezone, Vincenzo
| 1538344800 | SAFE Working Paper | |
Julia Hirsch, Uwe Walz | Financial Constraints, Newly Founded Firms and the Financial Crisis
SAFE Working Paper No. 191
| Dec 2017 |
Working Papers
|
Law and Finance
| 2017 | financial constraints, financial crisis, financing decisions, investment decisions, newly founded firms |
Hirsch, Julia
Walz, Uwe
| 1512082800 | SAFE Working Paper |
Professor,
|
Martin Götz, Jan Pieter Krahnen, Tobias Tröger | Five Years after the Liikanen Report: What Have We Learned?
White Paper No. 50
| Dec 2017 |
White Papers
|
Financial Intermediation
| 2017 | Financial stability, banking separation, prohibition of proprietary trading, banking and treasury functions, bail-in, MREL, TLAC |
Krahnen, Jan Pieter
Tröger, Tobias
Götz, Martin
| 1512082800 | Policy Paper |
Professor,
Professor,
|
Monica Billio, Michele Costola, Roberto Panzica, Loriana Pelizzon | Systemic Risk and Financial Interconnectedness: Network Measures and the Impact of the Indirect Effect
Systemic Risk Tomography: Signals, Measurement and Transmission Channels (ISTE Press - Elsevier)
| Dec 2016 |
Research Publications
|
Financial Intermediation,
| 2016 | systemic measures, connectedness measures, financial network, financial institutions, hedge funds, loss measures, quantile regressions, CoVaR, global network measures, local network measures, loss prediction, Settore SECS-P/05 - Econometria |
Costola, Michele
Pelizzon, Loriana
Panzica, Roberto
Billio, Monica
| 1480546800 | Published Paper |
Professor,
|
Elia Berdin, Matteo Sottocornola | Systemic Risk in Insurance: Towards a new Approach
Policy Letter No. 62
| Dec 2017 |
Policy Letters
|
Financial Markets
| 2017 | systemic risk, macroprudential franework, insurance, financial stability |
Sottocornola, Matteo
Berdin, Elia
| 1512082800 | Policy Paper | |
Mark Wahrenburg | Provisioning Policies for Non-Performing Loans: How to Best Ensure a "Clean Balance Sheet"?
White Paper No. 51
| Nov 2017 |
White Papers
|
Financial Intermediation
| 2017 | IFRS 9, provisioning rules, EU banks |
Wahrenburg, Mark
| 1509490800 | Policy Paper | |
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | How Persistent Low Expected Returns Alter Optimal Life Cycle Saving, Investment, and Retirement Behavior
SAFE Working Paper No. 190
| Jun 2017 |
Working Papers
|
Household Finance
| 2017 | dynamic portfolio choice; 401(k) plan; saving; Social Security claiming age; retirement income; minimum distribution requirements; tax |
Horneff, Vanya
Maurer, Raimond
Mitchell, Olivia S.
| 1496268000 | SAFE Working Paper | |
Carlo Wix | The Long-Run Real Effects of Banking Crises: Firm-Level Investment Dynamics and the Role of Wage Rigidity
SAFE Working Paper No. 189
| Nov 2017 |
Working Papers
|
Financial Intermediation
| 2017 | Financial Crises, Bank Lending, Real Effects, Firm Investment, Wage Rigidity, Labor Hoarding |
Wix, Carlo
| 1509490800 | SAFE Working Paper | |
Michael Donadelli, Patrick Grüning, Marcus Jüppner, Renatas Kizys | Global Temperature, R&D Expenditure, and Growth
SAFE Working Paper No. 188
| Nov 2017 |
Working Papers
|
Financial Markets
| 2017 | Global Temperature, R&D, Welfare Costs |
Donadelli, Michael
Grüning, Patrick
Kizys, Renatas
Jüppner, Marcus
| 1509490800 | SAFE Working Paper | |
Kunka Petkova, Alfons J. Weichenrieder | Reformpläne bei der Grunderwerbsteuer
Policy Letter No. 61
| Nov 2017 |
Policy Letters
|
Macro Finance
| 2017 | Grunderwerbsteuer, Reformvorschläge, Freibetrag, Steuergestaltung, Share Deals |
Weichenrieder, Alfons J.
Petkova, Kunka
| 1509490800 | Policy Paper | |
Baptiste Massenot, Yuri Pettinicchi | Can Firms See into the Future? Survey Evidence from Germany
SAFE Working Paper No. 187
| Nov 2017 |
Working Papers
|
Macro Finance
| 2017 | Expectation formation; Expectation error; Learning; Extrapolation; Experience |
Massenot, Baptiste
Pettinicchi, Yuri
| 1509490800 | SAFE Working Paper | |
Mila Getmansky Sherman, Giulio Girardi, Stanislava Nikolova, Loriana Pelizzon, Kathleen Weiss Hanley | Portfolio Similarity and Asset Liquidation in the Insurance Industry
SAFE Working Paper No. 224
| Jul 2018 |
Working Papers
|
Financial Intermediation,
| 2018 | Interconnectedness, Asset Liquidation, Similarity, Financial Stability, Insurance Com- panies, SIFI |
Weiss Hanley, Kathleen
Nikolova, Stanislava
Pelizzon, Loriana
Girardi, Giulio
Getmansky Sherman, Mila
| 1530396000 | SAFE Working Paper |
Professor,
|
Baptiste Massenot, Yuri Pettinicchi | Can Households See into the Future? Survey Evidence from the Netherlands
SAFE Working Paper No. 233
| Jul 2018 |
Working Papers
|
Macro Finance
| 2018 | |
Pettinicchi, Yuri
Massenot, Baptiste
| 1530396000 | SAFE Working Paper | |
Maddalena Davoli, Jia Hou | Financial Literacy and Socialist Education: Lessons from the German Reunification
SAFE Working Paper No. 217
| Aug 2018 |
Working Papers
|
Household Finance
| 2018 | financial literacy determinants, socialist education, German reunification, DiD |
Hou, Jia
Davoli, Maddalena
| 1533074400 | SAFE Working Paper | |
Jens Gal, Helmut Gründl | The Recalibration of the European System of Financial Supervision in Regard of the Insurance Sector: From Dreary to Dreamy or Vice Versa?
Policy Letter No. 60
| Nov 2017 |
Policy Letters
|
Financial Intermediation,
Household Finance
| 2017 | European Insurance Union, European Supervisory Authorities, EIOPA, European Insurance and Occupational Pensions Authority, Insurance Supervision |
Gründl, Helmut
Gal, Jens
| 1509490800 | Policy Paper | |
Nicole Branger, Paulo Rodrigues, Christian Schlag | Level and Slope of Volatility Smiles in Long-Run Risk Models
Journal of Economic Dynamics and Control
| Jan 2018 |
Research Publications
|
Financial Markets,
| 2018 | Asset pricing, Epstein-Zin preferences, jump risk, stochastic volatility, level and slope of implied volatility smile |
Rodrigues, Paulo
Branger, Nicole
Schlag, Christian
| 1514761200 | Published Paper |
Professor,
|
Juan Pablo Bohoslavsky, Matthias Goldmann | Sovereign Debt Sustainability as a Principle of Public International Law: An Incremental Approach to Sovereign Debt Restructuring
Yale Journal of International Law
| Oct 2016 |
Research Publications
|
Financial Intermediation
| 2016 | sovereign debt restructuring, international law, collective action clauses, debt sustainability, legal principles, holdout creditors, holdout litigation |
Goldmann, Matthias
Bohoslavsky, Juan Pablo
| 1475272800 | Published Paper | |
Matthias Goldmann, Silvia Steininger | A Discourse Theoretical Approach to Sovereign Debt Restructuring: Towards a Democratic Financial Order
German Law Journal
| Oct 2016 |
Research Publications
|
Financial Intermediation
| 2016 | democracy, finance, role of law, discourse theory, Habermas, sovereign debt, cleavages |
Steininger, Silvia
Goldmann, Matthias
| 1475272800 | Published Paper | |
Matthias Goldmann, Ingo Venzke, Armin von Bogdandy | From Public International to International Public Law: Translating World Public Opinion into International Public Authority
European Journal of International Law
| Feb 2017 |
Research Publications
|
Financial Intermediation
| 2017 | international organizations, global governance, world public opinion, public authority, soft law |
Goldmann, Matthias
von Bogdandy, Armin
Venzke, Ingo
| 1485903600 | Published Paper | |
Matthias Goldmann | International Investment Law and Financial Regulation: Towards a Deliberative Approach
International Investment Law and the Global Financial Architecture (Edward Elgar)
| Feb 2017 |
Research Publications
|
Financial Intermediation
| 2017 | international investment law, financial regulation, deliberation, monetary policy, sovereign debt |
Goldmann, Matthias
| 1485903600 | Published Paper | |
Patrick Grüning | Heterogeneity in the Internationalization of R&D: Implications for Anomalies in Finance and Macroeconomics
SAFE Working Paper No. 185
| Oct 2017 |
Working Papers
|
Financial Markets
| 2017 | Heterogeneous innovation, Technology spillover, Endogenous growth, Creative destruction, International finance |
Grüning, Patrick
| 1506808800 | SAFE Working Paper | |
Tobias Tröger | Remarks on the German Regulation of Crowdfunding
SAFE Working Paper No. 184
| Oct 2017 |
Working Papers
|
Financial Intermediation
| 2017 | crowdinvesting, crowdfunding, fintech, financial stability, market infrastructure, investor protection |
Tröger, Tobias
| 1506808800 | SAFE Working Paper |
Professor,
|
Florian Hett, Johannes Kasinger | Undermined Market Discipline: The Role of Bank Rescues and Bailout Expectations
Policy Letter No. 59
| Sep 2017 |
Policy Letters
|
Financial Intermediation,
| 2017 | bailout, market discipline, financial institutions, financial crisis, banks |
Hett, Florian
Kasinger, Johannes
| 1504216800 | Policy Paper | |
Fabian Ochsenfeld | Mercantilist Dualization: The Introduction of the Euro, Redistribution of Industry Rents, and Wage Inequality in Germany, 1993–2008
Socio-Economic Review
| Jul 2018 |
Research Publications
|
Macro Finance
| 2018 | distribution, manufacturing, causal mechanisms, political economy, Germany, Europe |
Ochsenfeld, Fabian
| 1530396000 | Published Paper | |
Katja Langenbucher, Lara Milione, Andreas Roth, Tobias Tröger | EU Mapping 2017: Systematic Overview on Economic and Financial Legislation
White Paper No. 49
| Jul 2017 |
White Papers
|
Law and Finance
| 2017 | EU economic and financial services legislation |
Tröger, Tobias
Milione, Lara
Roth, Andreas
Langenbucher, Katja
| 1498860000 | Policy Paper |
Professor,
Professor,
|
Joost Driessen, Theo E. Nijman, Zorka Simon | The Missing Piece of the Puzzle: Liquidity Premiums in Inflation-Indexed Markets
SAFE Working Paper No. 183
| Sep 2017 |
Working Papers
|
Financial Markets
| 2017 | Liquidity premium, liquidity risk, TIPS, inflation swaps, TIPS–Treasury puzzle |
Simon, Zorka
Driessen, Joost
Nijman, Theo E.
| 1504216800 | SAFE Working Paper | |
Benjamin Clapham, Peter Gomber, Sven Panz | Coordination of Circuit Breakers? Volume Migration and Volatility Spillover in Fragmented Markets
SAFE Working Paper No. 196
| Feb 2018 |
Working Papers
|
Financial Markets
| 2018 | Circuit Breaker, Volatility Interruption, Market Fragmentation, High-Frequency Trading, Stock Market, Regulation, Liquidity |
Panz, Sven
Gomber, Peter
Clapham, Benjamin
| 1517439600 | SAFE Working Paper | |
Benjamin Clapham, Peter Gomber, Martin Haferkorn, Sven Panz | Managing Excess Volatility: Design and Effectiveness of Circuit Breakers
SAFE Working Paper No. 195
| Feb 2018 |
Working Papers
|
Financial Markets
| 2018 | Circuit Breaker, Volatility Interruption, Volatility, Liquidity, Market Design |
Panz, Sven
Haferkorn, Martin
Gomber, Peter
Clapham, Benjamin
| 1517439600 | SAFE Working Paper | |
Alexander Bick, Nicola Fuchs-Schündeln | Quantifying the Disincentive Effects of Joint Taxation on Married Women’s Labor Supply
American Economic Review: Papers & Proceedings
| May 2017 |
Research Publications
|
Macro Finance
| 2017 | Tax Law, Fiscal Policies, Behavior of Economic Agents, Household |
Bick, Alexander
Fuchs-Schündeln, Nicola
| 1493589600 | Published Paper | |
Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Jun Uno, Darya Yuferova | Coming Early to the Party
SAFE Working Paper No. 182
| Sep 2017 |
Working Papers
|
Financial Markets,
| 2017 | High-Frequency Traders (HFTs), Proprietary Trading, Opening Auction, Liquidity Provision, Price Discovery |
Pelizzon, Loriana
Subrahmanyam, Marti
Yuferova, Darya
Uno, Jun
Bellia, Mario
| 1504216800 | SAFE Working Paper |
Professor,
|
Henning Hesse, Boris Hofmann, James Weber | The Macroeconomic Effects of Asset Purchases Revisited
SAFE Working Paper No. 198
| Feb 2018 |
Working Papers
|
Macro Finance
| 2018 | unconventional monetary policy, asset purchases, monetary transmission |
Hesse, Henning
Weber, James
Hofmann, Boris
| 1517439600 | SAFE Working Paper | |
Henning Hesse | Incentive Effects from Write-down CoCo Bonds: An Empirical Analysis
SAFE Working Paper No. 212
| May 2018 |
Working Papers
|
Macro Finance
| 2018 | CoCo bonds, contingent capital, endogenous risk, capital structure, incentives, monitoring |
Hesse, Henning
| 1525125600 | SAFE Working Paper | |
Jan Friedrich, Matthias Thiemann | Much Ado about Nothing? Macro-Prudential Ideas and the Post-Crisis Regulation of Shadow Banking
Kölner Zeitschrift für Soziologie und Sozialpsychologie
| Oct 2018 |
Research Publications
|
Financial Intermediation
| 2018 | financial regulation, shadow banking, epistemic authority, private risk-management |
Thiemann, Matthias
Friedrich, Jan
| 1538344800 | Published Paper | |
Jan Friedrich, Matthias Thiemann | Capital Markets Union: The Need for Common Laws and Common Supervision
DIW-Vierteljahreshefte zur Wirtschaftsforschung
| Feb 2017 |
Research Publications
|
Financial Intermediation
| 2017 | Capital Markets Union, clearing, regulatory competition, regulatory arbitrage, supervision |
Thiemann, Matthias
Friedrich, Jan
| 1485903600 | Published Paper | |
Roberto Casarin, Michele Costola, Erdem Yenerdag | Financial Bridges and Network Communities
SAFE Working Paper No. 208
| Sep 2018 |
Working Papers
| | 2018 | Systemic Risk; Financial Institutions; Network Communities; Financial Crises |
Yenerdag, Erdem
Costola, Michele
Casarin, Roberto
| 1535752800 | SAFE Working Paper | |
Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio | Central Bank-Driven Mispricing
SAFE Working Paper No. 226
| Aug 2018 |
Working Papers
|
Financial Markets,
Macro Finance,
| 2018 | Central Bank Interventions, Liquidity, Sovereign Bonds, Futures Contracts, Arbitrage |
Pelizzon, Loriana
Subrahmanyam, Marti
Tomio, Davide
| 1533074400 | SAFE Working Paper |
Professor,
|
Holger Kraft, Claus Munk, Sebastian Wagner | Housing Habits and Their Implications for Life-Cycle Consumption and Investment
Review of Finance
| Aug 2018 |
Research Publications
|
Household Finance
| 2018 | Habit formation, life-cycle household decisions, housing expenditure share, consumption hump, stock market participation, renting vs. owning home, human capital |
Munk, Claus
Kraft, Holger
Wagner, Sebastian
| 1533074400 | Published Paper | |
Monica Billio, Massimiliano Caporin, Lorenzo Frattarolo, Loriana Pelizzon | Networks in Risk Spillovers: A Multivariate GARCH Perspective
SAFE Working Paper No. 225
| Aug 2018 |
Working Papers
|
Financial Intermediation,
| 2018 | spatial GARCH; network; risk spillover; nancial spillover |
Pelizzon, Loriana
Billio, Monica
Caporin, Massimiliano
Frattarolo, Lorenzo
| 1533074400 | SAFE Working Paper |
Professor,
|
Holger Kraft, Farina Weiss | Consumption-Portfolio Choice with Preferences for Cash
SAFE Working Paper No. 181
| Jul 2018 |
Working Papers
|
Household Finance
| 2018 | consumption-portfolio choice, money in the utility function, stock demand, stochastic control |
Weiss, Farina
Kraft, Holger
| 1530396000 | SAFE Working Paper | |
Hans-Helmut Kotz, Reinhard H. Schmidt | Corporate Governance of Banks – A German Alternative to the “Standard Model”
White Paper No. 45
| Aug 2017 |
White Papers
|
Financial Intermediation
| 2017 | corporate governance, German banks, German banking system |
Schmidt, Reinhard H.
Kotz, Hans-Helmut
| 1501538400 | Policy Paper | |
Reinhard H. Schmidt | Microfinance – Once and Today
White Paper No. 48
| Aug 2017 |
White Papers
|
Financial Intermediation
| 2017 | Microfinance, German savings banks, German cooperative banks, Inclusive Finance |
Schmidt, Reinhard H.
| 1501538400 | Policy Paper | |
Tobias Tröger | Why MREL Won't Help Much
SAFE Working Paper No. 180
| Aug 2017 |
Working Papers
|
Financial Intermediation
| 2017 | MREL, TLAC, G-SIB, bail-in, bank resolution |
Tröger, Tobias
| 1501538400 | SAFE Working Paper |
Professor,
|
Tobias Tröger | Too Complex to Work - A Critical Assessment of the Bail-in Tool under the European Bank Recovery and Resolution Regime
SAFE Working Paper No. 179
| Aug 2017 |
Working Papers
|
Financial Intermediation
| 2017 | bail-in, private sector involvement, precautionary recapitalization, cross-border insolvency, market discipline |
Tröger, Tobias
| 1501538400 | SAFE Working Paper |
Professor,
|
Matthias Goldmann | Karlsruhe Refers the QE Case to Luxembourg: Summer of Love
Policy Letter No. 58
| Aug 2017 |
Policy Letters
|
Macro Finance
| 2017 | ECB, Quantitative Easing, OMT, Monetary Policy, ECJ, BVerfG |
Goldmann, Matthias
| 1501538400 | Policy Paper | |
Matthias Goldmann | United in Diversity? The Relationship between Monetary Policy and Banking Supervision in the Banking Union
SAFE Working Paper No. 178
| Jan 2018 |
Working Papers
|
Financial Intermediation,
Macro Finance
| 2018 | Banking Union, Monetary Policy, Financial Stability, Single Supervisory Mechanism, Democratic Legitimacy |
Goldmann, Matthias
| 1514761200 | SAFE Working Paper | |
Michael Donadelli, Marcus Jüppner, Max Riedel, Christian Schlag | Temperature Shocks and Welfare Costs
Journal of Economic Dynamics and Control
| Sep 2017 |
Research Publications
|
Financial Markets
| 2017 | Temperature shocks, long-run growth, asset prices, welfare costs, adaptation |
Schlag, Christian
Jüppner, Marcus
Donadelli, Michael
Riedel, Max
| 1504216800 | Published Paper |
Professor,
|
Michael Donadelli, Marcus Jüppner, Max Riedel, Christian Schlag | Temperature Shocks and Welfare Costs
SAFE Working Paper No. 177
| Aug 2017 |
Working Papers
|
Financial Markets
| 2017 | Temperature shocks, long-run growth, asset prices, welfare costs, adaptation |
Riedel, Max
Jüppner, Marcus
Schlag, Christian
Donadelli, Michael
| 1501538400 | SAFE Working Paper |
Professor,
|
Giuliano Curatola, Ilya Dergunov | International Capital Markets with Time-Varying Preferences
SAFE Working Paper No. 176
| Aug 2017 |
Working Papers
|
Household Finance,
Financial Markets
| 2017 | Asset pricing, general equilibrium, heterogeneous agents, interdependent preferences, portfolio choice |
Curatola, Giuliano
Dergunov, Ilya
| 1501538400 | SAFE Working Paper | |
Reint Gropp, Deyan Radev | International Banking Conglomerates and the Transmission of Lending Shocks Across Borders
SAFE Working Paper No. 175
| Aug 2017 |
Working Papers
|
Financial Intermediation
| 2017 | Commercial banks, global banks, wholesale shocks, solvency shocks, transmission, internal capital markets |
Gropp, Reint
Radev, Deyan
| 1501538400 | SAFE Working Paper | |
Reint Gropp, Deyan Radev | Social Centralization, Bank Integration and the Transmission of Lending Shocks
SAFE Working Paper No. 174
| Aug 2017 |
Working Papers
|
Financial Intermediation
| 2017 | Global banks, social centralization, bank integration, shocks, transmission |
Gropp, Reint
Radev, Deyan
| 1501538400 | SAFE Working Paper | |
Holger Kraft, Eduardo S. Schwartz, Farina Weiss | Growth Options and Firm Valuation
European Financial Management
| Mar 2018 |
Research Publications
|
Financial Markets
| 2018 | Firm valuation, Real options, Volatility, R&D expenses |
Weiss, Farina
Kraft, Holger
Schwartz, Eduardo S.
| 1519858800 | Published Paper | |
Martin Götz | Competition and Bank Stability
Journal of Financial Intermediation
| Jul 2018 |
Research Publications
|
Financial Intermediation
| 2018 | Risk, Stability, Competition, Contestability, Entry, Lending |
Götz, Martin
| 1530396000 | Published Paper | |
Christel Merlin Kuate Kamga, Christian Wilde | Liquidity Premia in CDS Markets
SAFE Working Paper No. 173
| Aug 2017 |
Working Papers
|
Financial Intermediation,
Financial Markets
| 2017 | CDS, liquidity |
Kuate Kamga, Christel Merlin
Wilde, Christian
| 1501538400 | SAFE Working Paper | |
Raimond Maurer, Olivia S. Mitchell | Incentivizing Older People to Delay Social Security Claiming
Policy Letter No. 57
| Jul 2017 |
Policy Letters
|
Household Finance
| 2017 | pensions, German retirement system, social security claiming |
Maurer, Raimond
Mitchell, Olivia S.
| 1498860000 | Policy Paper | |
Tobias Tröger | How Not To Do Banking Law in the 21st Century
Policy Letter No. 56
| Jun 2017 |
Policy Letters
|
Financial Intermediation
| 2017 | Banking Union, ECB, EGC, Landeskreditbank Baden-Württemberg, NCAs, SSM |
Tröger, Tobias
| 1496268000 | Policy Paper |
Professor,
|
Giuliano Curatola | Portfolio Choice and Asset Prices when Preferences are Interdependent
Journal of Economic Behavior & Organization
| Aug 2017 |
Research Publications
|
Macro Finance
| 2017 | Asset pricing; General equilibrium; heterogeneous investors; interdependent preferences; portfolio choice |
Curatola, Giuliano
| 1501538400 | Published Paper | |
Massimiliano Caporin, Michele Costola, Shawkat Hammoudeh, Ahmed Khalifa | Systemic Risk for Financial Institutions of Major Petroleum-Based Economies: The Role of Oil
SAFE Working Paper No. 172
| Nov 2017 |
Working Papers
|
Financial Intermediation,
Financial Markets,
| 2017 | Systemic Risk, Risk Measurement, VaR, ΔCoVaR, Oil, Financial Institutions, Petroleum-based Economies |
Khalifa, Ahmed
Hammoudeh, Shawkat
Caporin, Massimiliano
Costola, Michele
| 1509490800 | SAFE Working Paper | |
Andreas Hubener, Raimond Maurer, Olivia S. Mitchell | How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios
Review of Financial Studies
| Apr 2016 |
Research Publications
|
Household Finance
| 2016 | |
Hubener, Andreas
Mitchell, Olivia S.
Maurer, Raimond
| 1459461600 | Published Paper | |
Giuliano Curatola | Optimal Portfolio Choice with Loss Aversion Over Consumption
Quarterly Review of Economics and Finance
| Nov 2017 |
Research Publications
|
Financial Markets
| 2017 | Loss-aversion, Habit-formation, Consumption–portfolio choice |
Curatola, Giuliano
| 1509490800 | Published Paper | |
Stefano Colonnello, Giuliano Curatola, Ngoc Giang Hoang | Direct and Indirect Risk-Taking Incentives of Inside Debt
Journal of Corporate Finance
| Aug 2017 |
Research Publications
|
Law and Finance
| 2017 | Inside Debt, Credit Spreads, Risk-Taking |
Curatola, Giuliano
Colonnello, Stefano
Hoang, Ngoc Giang
| 1501538400 | Published Paper | |
Jan Pieter Krahnen, Felix Noth, Ulrich Schüwer | Structural Reforms in Banking: The Role of Trading
Journal of Financial Regulation
| Mar 2017 |
Research Publications
|
Financial Intermediation
| 2017 | banking, structural reforms, prohibition of proprietary trading, banking separation |
Schüwer, Ulrich
Noth, Felix
Krahnen, Jan Pieter
| 1488322800 | Published Paper |
Professor,
|
Michael Donadelli, Patrick Grüning | Innovation Dynamics and Fiscal Policy: Implications for Growth, Asset Prices, and Welfare
SAFE Working Paper No. 171
| Apr 2017 |
Working Papers
|
Financial Markets
| 2017 | Endogenous growth, Asset pricing, Government, Fiscal policy, Heterogeneous innovation |
Donadelli, Michael
Grüning, Patrick
| 1490997600 | SAFE Working Paper | |
Raimond Maurer, Olivia S. Mitchell | Older People’s Willingness to Delay Social Security Claiming
SAFE Working Paper No. 170
| Sep 2016 |
Working Papers
|
Household Finance
| 2016 | |
Maurer, Raimond
Mitchell, Olivia S.
| 1472680800 | SAFE Working Paper | |
Max Groneck, Alexander Ludwig, Alexander Zimper | Who Saves More, the Naive or the Sophisticated Agent?
SAFE Working Paper No. 169
| Mar 2017 |
Working Papers
|
Household Finance,
Macro Finance
| 2017 | Survival beliefs; Ambiguity; Choquet expected utility; Dynamic inconsistency |
Groneck, Max
Zimper, Alexander
Ludwig, Alexander
| 1488322800 | SAFE Working Paper | |
Martin Götz, Tobias Tröger | Fines for Misconduct in the Banking Sector – What is the Situation in the EU?
White Paper No. 47
| Mar 2017 |
White Papers
|
Financial Intermediation
| 2017 | financial stability, banking supervision, banking regulation, bank sanctions, monetary penalties |
Götz, Martin
Tröger, Tobias
| 1488322800 | Policy Paper |
Professor,
|
Guido Friebel, Marie Lalanne, Bernard Richter, Peter Schwardmann, Paul Seabright | Women Form Social Networks More Selectively and Less Opportunistically Than Men
SAFE Working Paper No. 168
| Mar 2017 |
Working Papers
|
Law and Finance,
| 2017 | Social Networks, Gender Differences, Trust Game |
Friebel, Guido
Seabright, Paul
Lalanne, Marie
Richter, Bernard
Schwardmann, Peter
| 1488322800 | SAFE Working Paper | |
Patrick Grüning | International Endogenous Growth, Macro Anomalies, and Asset Prices
Journal of Economic Dynamics and Control
| May 2017 |
Research Publications
|
Financial Markets
| 2017 | Innovation, Technology spillover, Endogenous growth, Long-run risk, International finance |
Grüning, Patrick
| 1493589600 | Published Paper | |
Gabriele Camera, Alessandro Gioffré | Asymmetric Social Norms
Economics Letters
| Mar 2017 |
Research Publications
|
Macro Finance
| 2017 | cooperation, repeated games, social dilemmas |
Camera, Gabriele
Gioffré, Alessandro
| 1488322800 | Published Paper | |
Franklin Allen, Jan Pieter Krahnen, Holger Lüthen, Hélène Rey | Financial Resilience Revisited: Why Consistency in Regulation is now Paramount – Across Sectors and Regions, and Over Time
Policy Letter No. 55
| Mar 2017 |
Policy Letters
|
Financial Intermediation,
Financial Markets
| 2017 | financial resilience, financial markets regulation, banking regulation |
Allen, Franklin
Rey, Hélène
Krahnen, Jan Pieter
Lüthen, Holger
| 1488322800 | Policy Paper |
Professor,
|
Felix Noth, Ulrich Schüwer | Natural Disaster and Bank Stability: Evidence from the U.S. Financial System
SAFE Working Paper No. 167
| Apr 2017 |
Working Papers
|
Financial Intermediation,
| 2017 | natural disasters, bank stability, non-performing assets, bank performance |
Noth, Felix
Schüwer, Ulrich
| 1490997600 | SAFE Working Paper | |
Martin Götz, Jan Pieter Krahnen, Tobias Tröger | Taking Bail-in Seriously - The Looming Risks for Banking Policy in the Rescue of Monte dei Paschi di Siena
Policy Letter No. 54
| Feb 2017 |
Policy Letters
|
Financial Intermediation
| 2017 | BRRD, banking resolution, banking supervision, SRM, financial stability, systemic risk |
Tröger, Tobias
Krahnen, Jan Pieter
Götz, Martin
| 1485903600 | Policy Paper |
Professor,
Professor,
|
Monica Billio, Massimiliano Caporin, Roberto Panzica, Loriana Pelizzon | The Impact of Network Connectivity on Factor Exposures, Asset Pricing and Portfolio Diversification
SAFE Working Paper No. 166
| Dec 2016 |
Working Papers
|
Financial Markets,
| 2016 | CAPM, volatility, network, interconnections, systematic risk |
Caporin, Massimiliano
Billio, Monica
Panzica, Roberto
Pelizzon, Loriana
| 1480546800 | SAFE Working Paper |
Professor,
|
Rainer Haselmann, David Schoenherr, Vikrant Vig | Rent-Seeking in Elite Networks
Journal of Political Economy
| Aug 2018 |
Research Publications
|
Financial Intermediation,
Law and Finance
| 2018 | - |
Vig, Vikrant
Haselmann, Rainer
Schoenherr, David
| 1533074400 | Published Paper | |
Jan Pieter Krahnen, Christian Wilde | Skin-in-the-Game in ABS Transactions: A Critical Review of Policy Options
White Paper No. 46
| Dec 2017 |
White Papers
|
Financial Markets
| 2017 | Structured finance, ABS, STS (simple, transparent, and standardized securitizations), regulation, retention, Dodd-Frank Act |
Wilde, Christian
Krahnen, Jan Pieter
| 1512082800 | Policy Paper |
Professor,
|
Giovanni Bonaccolto, Massimiliano Caporin, Roberto Panzica | Estimation and Model-Based Combination of Causality Networks
SAFE Working Paper No. 165
| Jan 2017 |
Working Papers
|
Financial Markets
| 2017 | Granger causality, quantile causality, multi-layer network, network combination |
Panzica, Roberto
Bonaccolto, Giovanni
Caporin, Massimiliano
| 1483225200 | SAFE Working Paper | |
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek | Optimal Social Security Claiming Behavior under Lump Sum Incentives: Theory and Evidence
SAFE Working Paper No. 164
| Jan 2017 |
Working Papers
|
Household Finance
| 2017 | Annuity, delayed retirement, lifetime income, pension, early retirement, Social Security |
Schimetschek, Tatjana
Maurer, Raimond
Rogalla, Ralph
Mitchell, Olivia S.
| 1483225200 | SAFE Working Paper | |
Monica Billio, Loriana Pelizzon | Systemic Risk Tomography
Systemic Risk Tomography: Signals, Measurement and Transmission Channels (ISTE Press - Elsevier)
| Nov 2016 |
Research Publications
| | 2016 | |
Pelizzon, Loriana
Billio, Monica
| 1477954800 | Published Paper |
Professor,
|
Gabriele Camera, Alessandro Gioffré | Asymmetric Social Norms
SAFE Working Paper No. 162
| Jan 2017 |
Working Papers
|
Macro Finance
| 2017 | cooperation, repeated games, social dilemmas |
Gioffré, Alessandro
Camera, Gabriele
| 1483225200 | SAFE Working Paper | |
Giuliano Curatola, Michael Donadelli, Patrick Grüning | Technology Trade with Asymmetric Tax Regimes and Heterogeneous Labor Markets: Implications for Macro Quantities and Asset Prices
SAFE Working Paper No. 163
| Oct 2017 |
Working Papers
|
Financial Markets
| 2017 | Technology Adoption, R&D Investment, Asymmetric Tax Regimes, Asset Prices |
Grüning, Patrick
Donadelli, Michael
Curatola, Giuliano
| 1506808800 | SAFE Working Paper | |
Michael Donadelli, Renatas Kizys, Max Riedel | Dangerous Infectious Diseases: Bad News for Main Street, Good News for Wall Street?
Journal of Financial Markets
| Sep 2017 |
Research Publications
|
Financial Markets
| 2017 | WHO alerts, investor sentiment, pharmaceutical industry, trading strategies |
Kizys, Renatas
Riedel, Max
Donadelli, Michael
| 1504216800 | Published Paper | |
Günter Franke, Jan Pieter Krahnen | SME Funding Without Banks? On the Interplay of Banks and Markets
White Paper No. 44
| Jan 2017 |
White Papers
|
Financial Intermediation,
Financial Markets
| 2017 | SME, funding, capital markets, lending instruments, banks |
Franke, Günter
Krahnen, Jan Pieter
| 1483225200 | Policy Paper |
Professor,
|
Martin Götz, Luc Laeven, Ross Levine | Identifying the Valuation Effects and Agency Costs of Corporate Diversification: Evidence from the Geographic Diversification of US Banks
Review of Financial Studies
| Jul 2013 |
Research Publications
|
Financial Intermediation
| 2013 | |
Laeven, Luc
Götz, Martin
Levine, Ross
| 1372629600 | Published Paper | |
Tobin Hanspal | The Effect of Personal Financing Disruptions on Entrepreneurship
SAFE Working Paper No. 161
| Dec 2016 |
Working Papers
|
Law and Finance,
Household Finance
| 2016 | Entrepreneurship; Small business; Personal finance; Financial crisis; Bank defaults |
Hanspal, Tobin
| 1480546800 | SAFE Working Paper | |
Domenico Rocco Cambrea, Stefano Colonnello, Giuliano Curatola, Giulia Fantini | CEO Investment of Deferred Compensation Plans and Firm Performance
SAFE Working Paper No. 160
| Dec 2016 |
Working Papers
|
Law and Finance
| 2016 | Inside Debt, Executive Compensation, Corporate Distress |
Colonnello, Stefano
Curatola, Giuliano
Fantini, Giulia
Cambrea, Domenico Rocco
| 1480546800 | SAFE Working Paper | |
Brigitte Haar | "Comply or Explain" im Spannungsfeld von Law and Finance
100 Jahre Rechtswissenschaft in Frankfurt (Vittorio Klostermann)
| Jan 2014 |
Research Publications
|
Law and Finance
| 2014 | |
Haar, Brigitte
| 1388530800 | Published Paper | |
Monica Billio, Michael Donadelli, Antonio Paradiso, Max Riedel | Which Market Integration Measure?
Journal of Banking and Finance
| Dec 2016 |
Research Publications
|
Financial Markets
| 2016 | Equity market integration, dynamic correlation, principal components, international diversification benefits |
Riedel, Max
Donadelli, Michael
Paradiso, Antonio
Billio, Monica
| 1480546800 | Published Paper | |
Monica Billio, Michael Donadelli, Antonio Paradiso, Max Riedel | Which Market Integration Measure?
SAFE Working Paper No. 159
| Dec 2016 |
Working Papers
|
Financial Markets
| 2016 | Equity market integration, dynamic correlation, principal components, international diversification benefits |
Paradiso, Antonio
Donadelli, Michael
Billio, Monica
Riedel, Max
| 1480546800 | SAFE Working Paper | |
Michael Donadelli, Renatas Kizys, Max Riedel | Globally Dangerous Diseases: Bad News for Main Street, Good News for Wall Street?
SAFE Working Paper No. 158
| Dec 2016 |
Working Papers
|
Financial Markets
| 2016 | WHO alerts, investor sentiment, pharmaceutical industry, trading strategies |
Kizys, Renatas
Riedel, Max
Donadelli, Michael
| 1480546800 | SAFE Working Paper | |
Sophie Ahlswede, Steffen Meyer, Linda Urban | Does feedback on personal investment success help?
SAFE Working Paper No. 157
| Dec 2016 |
Working Papers
|
Household Finance
| 2016 | household finance, field study, individual investors, reporting, investment mistakes, regulation |
Ahlswede, Sophie
Meyer, Steffen
Urban, Linda
| 1480546800 | SAFE Working Paper | |
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek | Will They Take the Money and Work? An Empirical Analysis of People’s Willingness to Delay Claiming Social Security Benefits for a Lump Sum
Journal of Risk and Insurance
| Dec 2018 |
Research Publications
|
Household Finance
| 2018 | Annuity, lump sum, Social Security, delayed retirement, lifetime income, pension |
Schimetschek, Tatjana
Rogalla, Ralph
Maurer, Raimond
Mitchell, Olivia S.
| 1543618800 | Published Paper | |
Reint Gropp, Thomas Mosk, Steven Ongena, Carlo Wix | Bank Response to Higher Capital Requirements: Evidence from a Quasi-Natural Experiment
SAFE Working Paper No. 156
| Nov 2016 |
Working Papers
|
Financial Intermediation
| 2016 | Bank capital ratios, Bank regulation, Credit supply |
Wix, Carlo
Ongena, Steven
Gropp, Reint
Mosk, Thomas
| 1477954800 | SAFE Working Paper | |
Vahid Saadi | Mortgage Supply and the US Housing Boom: The Role of the Community Reinvestment Act
SAFE Working Paper No. 155
| Nov 2016 |
Working Papers
|
Financial Intermediation
| 2016 | The Community Reinvestment Act, Mortgage supply, House prices, Homeownership |
Saadi, Vahid
| 1477954800 | SAFE Working Paper | |
Brigitte Haar | Shareholder Wealth vs. Stakeholder interests? Evidence from Code Compliance under the German Corporate Governance Code
SAFE Working Paper No. 154
| Nov 2016 |
Working Papers
|
Law and Finance
| 2016 | corporate governance codes, soft law, stakeholder, shareholder wealth, market enforcement, German corporate governance, supervisory board, incentive pay, severance pay caps, age limits |
Haar, Brigitte
| 1477954800 | SAFE Working Paper | |
Rainer Haselmann, Mark Wahrenburg | Banks' Internal Rating Models - Time for a Change? The System of Floors as Proposed by the Basel Committee
White Paper No. 43
| Nov 2016 |
White Papers
|
Financial Intermediation
| 2016 | Internal rating models, floors, banking regulation, BCBS |
Haselmann, Rainer
Wahrenburg, Mark
| 1477954800 | Policy Paper | |
Julia Hirsch, Uwe Walz | The Financing Dynamics of Newly Founded Firms
SAFE Working Paper No. 153
| Jan 2016 |
Working Papers
|
Law and Finance
| 2016 | financing decisions, life-cycle, firm growth, newly founded firms |
Walz, Uwe
Hirsch, Julia
| 1451602800 | SAFE Working Paper |
Professor,
|
Viral Acharya, Tim Eisert, Christian Eufinger, Christian Hirsch | Whatever it Takes: The Real Effects of Unconventional Monetary Policy
SAFE Working Paper No. 152
| Jan 2016 |
Working Papers
|
Financial Intermediation,
| 2016 | Unconventional Monetary Policy, Real Effects, Zombie Lending |
Eufinger, Christian
Hirsch, Christian
Eisert, Tim
Acharya, Viral
| 1451602800 | SAFE Working Paper | |
Florian Hett, Alexander Schmidt | Bank Rescues and Bailout Expectations: The Erosion of Market Discipline During the Financial Crisis
Journal of Financial Economics
| Dec 2017 |
Research Publications
|
Financial Intermediation,
| 2017 | Bailout, Implicit Guarantees, Too-Big-To-Fail, Market Discipline |
Schmidt, Alexander
Hett, Florian
| 1512082800 | Published Paper | |
Fabrizio Lillo, Loriana Pelizzon, Michael Schneider | How Has Sovereign Bond Market Liquidity Changed? - An Illiquidity Spillover Analysis
SAFE Working Paper No. 151
| Jan 2016 |
Working Papers
|
Financial Markets,
| 2016 | Liquidity, jump detection, Hawkes processes, government bonds, MTS bond market, Quantitative Easing. |
Schneider, Michael
Pelizzon, Loriana
Lillo, Fabrizio
| 1451602800 | SAFE Working Paper |
Professor,
|
Massimiliano Caporin, Aleksey Kolokolov, Roberto Renò | Systemic Co-Jumps
SAFE Working Paper No. 149
| Jan 2016 |
Working Papers
|
Financial Markets,
| 2016 | Jumps, Return predictability, Systemic events, Variance Risk Premium |
Renò, Roberto
Caporin, Massimiliano
Kolokolov, Aleksey
| 1451602800 | SAFE Working Paper | |
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell | Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities
SAFE Working Paper No. 150
| Jan 2016 |
Working Papers
|
Household Finance
| 2016 | dynamic portfolio choice, longevity risk, variable annuity, retirement income |
Horneff, Vanya
Maurer, Raimond
Mitchell, Olivia S.
| 1451602800 | SAFE Working Paper | |
Otmar Issing | Central Banks – From Overburdening to Decline?
White Paper No. 42
| Oct 2016 |
White Papers
|
Macro Finance
| 2016 | Central Banking, ECB, Monetary Policy |
Issing, Otmar
| 1475272800 | Policy Paper | |
Petr Jakubik, Sven-Thorsten Jakusch | On the Applicability of Maximum Likelihood Methods: From Experimental to Financial Data
SAFE Working Paper No. 148
| Jan 2016 |
Working Papers
|
Household Finance
| 2016 | Utility Functions, Model Selection, Parameter Elicitation |
Jakusch, Sven-Thorsten
Jakubik, Petr
| 1451602800 | SAFE Working Paper | |
Andreas Hackethal, Sven-Thorsten Jakusch, Steffen Meyer | Taring All Investors with the Same Brush? Evidence for Heterogeneity in Individual Preferences from a Maximum Likelihood Approach
SAFE Working Paper No. 147
| Jan 2016 |
Working Papers
|
Household Finance
| 2016 | Utility Theory, Maximum Likelihood, Individual Investors |
Jakusch, Sven-Thorsten
Meyer, Steffen
Hackethal, Andreas
| 1451602800 | SAFE Working Paper |
Professor,
|
Andreas Hackethal, Sven-Thorsten Jakusch, Steffen Meyer | Taming Models of Prospect Theory in the Wild? Estimation of Vlcek and Hens (2011)
SAFE Working Paper No. 146
| Jan 2016 |
Working Papers
|
Household Finance
| 2016 | Prospect Theory, Parameter Elicitation, Investors Heterogeneity |
Hackethal, Andreas
Jakusch, Sven-Thorsten
Meyer, Steffen
| 1451602800 | SAFE Working Paper |
Professor,
|
Sascha Baghestanian, Paul Gortner, Baptiste Massenot | Compensation Schemes, Liquidity Provision, and Asset Prices: An Experimental Analysis
Experimental Economics
| Jun 2017 |
Research Publications
|
Law and Finance,
| 2017 | compensation, liquidity, experimental asset markets, bubbles |
Massenot, Baptiste
Baghestanian, Sascha
Gortner, Paul
| 1496268000 | Published Paper | |
Raphael Abiry, Christian Geppert, Alexander Ludwig | Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results
SAFE Working Paper No. 145
| Jan 2016 |
Working Papers
|
Macro Finance
| 2016 | secular stagnation; demographic change; overlapping generations; natural rate; equity premium; growth; welfare; human capital |
Ludwig, Alexander
Geppert, Christian
Abiry, Raphael
| 1451602800 | SAFE Working Paper | |
Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Jun Uno, Darya Yuferova | High Frequency Traders without Trading: Price Discovery and Liquidity Provision in the Pre-Opening Period
SAFE Working Paper No. 144
| Jan 2016 |
Working Papers
|
Financial Markets,
| 2016 | High-Frequency Traders (HFTs), Pre-Opening, Opening Call Auction, Price Discovery, Liquidity provision. |
Bellia, Mario
Yuferova, Darya
Uno, Jun
Pelizzon, Loriana
Subrahmanyam, Marti
| 1451602800 | SAFE Working Paper |
Professor,
|
Christian Eufinger, Andrej Gill | Incentive-Based Capital Requirements
Management Science
| Dec 2017 |
Research Publications
|
Law and Finance,
| 2017 | Basel III, capital regulation, compensation, leverage, risk |
Gill, Andrej
Eufinger, Christian
| 1512082800 | Published Paper | |
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide | Spoilt for Choice: Order Routing Decisions in Fragmented Equity Markets
SAFE Working Paper No. 143
| Jan 2016 |
Working Papers
|
Financial Markets,
| 2016 | Dark Trading, Fragmentation, Anonymity, Immediacy |
Weber, Moritz Christian
Sagade, Satchit
Westheide, Christian
Theissen, Erik
Gomber, Peter
| 1451602800 | SAFE Working Paper | |
Tomaso Aste, Loriana Pelizzon, Nicolas Perony, Paolo Tasca | Banking Beyond Banks and Money. A Guide to Banking Services in the Twenty-First Century
Banking Beyond Banks and Money: A Guide to Banking Services in the Twenty-First Century (Springer)
| Sep 2016 |
Research Publications
|
Financial Intermediation,
| 2016 | |
Aste, Tomaso
Tasca, Paolo
Perony, Nicolas
Pelizzon, Loriana
| 1472680800 | Published Paper |
Professor,
|
Michael Kosfeld, Ulrich Schüwer | Add-On Pricing in Retail Financial Markets and the Fallacies of Consumer Education
Review of Finance
| May 2017 |
Research Publications
|
Household Finance,
| 2017 | consumer education,financial literacy, bounded rationality, competition, regulation |
Schüwer, Ulrich
Kosfeld, Michael
| 1493589600 | Published Paper |
Professor,
|
Jan Pieter Krahnen, Loriana Pelizzon | "Predatory" Margins and the Regulation and Supervision of Central Counterparty Clearing Houses (CCPs)
White Paper No. 41
| Sep 2016 |
White Papers
|
Financial Markets,
| 2016 | central counterparties, CCP, derivatives, financial market regulation, financial market supervision |
Pelizzon, Loriana
Krahnen, Jan Pieter
| 1472680800 | Policy Paper |
Professor,
Professor,
|
Alexander Ludwig | Das Deutsche Rentensystem: Thesen zur derzeitigen Diskussion um „Umkehr“-Reformen
White Paper No. 40
| Sep 2016 |
White Papers
|
Household Finance
| 2016 | German pension system, reform, retirement age |
Ludwig, Alexander
| 1472680800 | Policy Paper | |
Nathanael Vellekoop | The Impact of Long-Run Macroeconomic Experiences on Personality
SAFE Working Paper No. 142
| Jan 2016 |
Working Papers
|
Household Finance
| 2016 | Personality traits, Big Five, Locus of control, labor market, unemployment |
Vellekoop, Nathanael
| 1451602800 | SAFE Working Paper | |
Brigitte Haar | Freedom of Contract and Financial Stability Through the Lens of the Legal Theory of Finance
SAFE Working Paper No. 141
| Jan 2016 |
Working Papers
|
Law and Finance
| 2016 | law 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 |
Haar, Brigitte
| 1451602800 | SAFE Working Paper | |
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide | Competition Between Equity Markets: A Review of the Consolidation Versus Fragmentation Debate
Journal of Economic Surveys
| Jul 2017 |
Research Publications
|
Financial Markets
| 2017 | Competition, Fragmentation, Market Structure, Liquidity, Price Discovery |
Sagade, Satchit
Westheide, Christian
Gomber, Peter
Weber, Moritz Christian
Theissen, Erik
| 1498860000 | Published Paper | |
Günter Franke, Thomas Mosk, Eberhard Schnebel | Fair Retail Banking: How to Prevent Mis-Selling by Banks
White Paper No. 39
| Jul 2016 |
White Papers
|
Law and Finance
| 2016 | Retail Banking, Mis-selling, MiFID II |
Franke, Günter
Schnebel, Eberhard
Mosk, Thomas
| 1467324000 | Policy Paper | |
Helmut Siekmann | Kurzkommentar zum Volksentscheid im Vereinigten Königreich am 23. Juni 2016
Policy Letter No. 53
| Jun 2016 |
Policy Letters
|
Macro Finance
| 2016 | Brexit, Europäische Union, Vereinigtes Königreich |
Siekmann, Helmut
| 1464732000 | Policy Paper | |
Reint Gropp, Rasa Karapandza, Julian Opferkuch | The Forward-Looking Disclosures of Corporate Managers: Theory and Evidence
SAFE Working Paper No. 140
| Jan 2016 |
Working Papers
|
Financial Intermediation
| 2016 | Repeated Games; Asymmetric Information; Firms; Reputation |
Gropp, Reint
Karapandza, Rasa
Opferkuch, Julian
| 1451602800 | SAFE Working Paper | |
Holger Kraft, Thomas Seiferling, Frank Thomas Seifried | Optimal Consumption and Investment with Epstein-Zin Recursive Utility
Finance and Stochastics
| Jan 2017 |
Research Publications
|
Financial Markets
| 2017 | consumption-portfolio choice, asset pricing, stochastic differential utility, incomplete markets, fixed point approach, FBSDE |
Seiferling, Thomas
Kraft, Holger
Seifried, Frank Thomas
| 1483225200 | Published Paper | |
Emanuel Bayer, Bernd Skiera, Kapil Tuli | Do Disclosures of Customer Metrics Lower Investors’ and Analysts’ Uncertainty, But Hurt Firm Performance?
Journal of Marketing Research
| Apr 2017 |
Research Publications
|
Law and Finance
| 2017 | disclosure, customer metrics, accounting, financial reporting, marketing–finance interface |
Skiera, Bernd
Bayer, Emanuel
Tuli, Kapil
| 1490997600 | Published Paper | |
Shafik Hebous, Alfons J. Weichenrieder | Toward a Mutualization of European Unemployment Insurance? On Limiting the Downsides of a Fiscal Transfer System for the Eurozone
CESifo Economic Studies
| Jun 2016 |
Research Publications
|
Macro Finance
| 2016 | EMU, Eurozone, European unemployment insurance, fiscal transfers |
Weichenrieder, Alfons J.
Hebous, Shafik
| 1464732000 | Published Paper | |
Mohamed Al Degwy, Matthias Thiemann | Von mikro- zu makroprudenzieller Regulierung
Die Innenwelt der Ökonomie: Wissen, Macht und Performativität in der Wirtschaftswissenschaft (Springer)
| Sep 2016 |
Research Publications
|
Macro Finance
| 2016 | Banking Regulation, Systemic Risk, Formalism, Equilibrium Thinking, Discourse, Citation Network Analysis |
Al Degwy, Mohamed
Thiemann, Matthias
| 1472680800 | Published Paper | |
Brigitte Haar | Freedom of Contract and Financial Stability
European Business Organization Law Review
| Jun 2016 |
Research Publications
|
Law and Finance,
| 2016 | |
Haar, Brigitte
| 1464732000 | Published Paper | |
Alfons J. Weichenrieder | Panama & Co: Implikationen für die Steuerpolitik
Policy Letter No. 52
| Jun 2016 |
Policy Letters
|
Macro Finance
| 2016 | Steuerhinterziehung, Steuervermeidung, Steueroasen, Briefkastenfirmen, Panama Papers |
Weichenrieder, Alfons J.
| 1464732000 | Policy Paper | |
Holger Kraft, Claus Munk, Farina Weiss | Predictors and Portfolios Over the Life Cycle
SAFE Working Paper No. 139
| Jan 2016 |
Working Papers
|
Household Finance
| 2016 | Return predictability, human capital, housing, investments, welfare |
Munk, Claus
Weiss, Farina
Kraft, Holger
| 1451602800 | SAFE Working Paper | |
Michael Donadelli, Patrick Grüning | Labor Market Dynamics, Endogenous Growth and Asset Prices
Economics Letters
| Jun 2016 |
Research Publications
|
Financial Markets
| 2016 | http://www.sciencedirect.com/science/article/pii/S0165176516300933 |
Donadelli, Michael
Grüning, Patrick
| 1464732000 | Published Paper | |
Mohamed Al Degwy, Matthias Thiemann | How Economics Got it Wrong: Formalism, Equilibrium Modelling and Pseudo-Optimization in Banking Regulatory Studies
SAFE Working Paper No. 138
| Jan 2016 |
Working Papers
|
Macro Finance
| 2016 | Sociology of Finance, Optimal Regulation, Dynamic and Reliable Regulation, Banking Regulation, Financial Crisis |
Thiemann, Matthias
Al Degwy, Mohamed
| 1451602800 | SAFE Working Paper | |
Alexander Ludwig | Demographischer Wandel: Kapitalrenditen, Löhne und Verteilungswirkungen
White Paper No. 38
| May 2016 |
White Papers
|
Macro Finance
| 2016 | Demographischer Wandel, Migration, säkulare Stagnation, Kapitalrenditen, Ungleichheit |
Ludwig, Alexander
| 1462053600 | Policy Paper | |
Elia Berdin, Christoffer Kok, Cosimo Pancaro | A Stochastic Forward-Looking Model to Assess the Profitability and Solvency of European Insurers
SAFE Working Paper No. 137
| Jan 2016 |
Working Papers
|
Financial Intermediation
| 2016 | Financial Stability, Insurance, Interest Rate Risk, Stress Test |
Pancaro, Cosimo
Kok, Christoffer
Berdin, Elia
| 1451602800 | SAFE Working Paper | |
Holger Kraft, Claus Munk, Frank Thomas Seifried, Sebastian Wagner | Consumption Habits and Humps
Economic Theory
| Aug 2017 |
Research Publications
|
Household Finance
| 2017 | Consumption hump, life-cycle utility maximization, habit formation, impatience |
Munk, Claus
Kraft, Holger
Wagner, Sebastian
Seifried, Frank Thomas
| 1501538400 | Published Paper | |
Mohamed Al Degwy, Edin Ibrocevic, Matthias Thiemann | Understanding the Shift from Micro to Macro-Prudential Thinking: A Discursive Network Analysis
SAFE Working Paper No. 136
| Jan 2016 |
Working Papers
|
Macro Finance
| 2016 | Banking Regulation, Systemic Risk, Formalism, Equilibrium Thinking, Discourse, Citation Network Analysis |
Ibrocevic, Edin
Thiemann, Matthias
Al Degwy, Mohamed
| 1451602800 | SAFE Working Paper | |
Douglas Cumming, Jochen Christian Werth, Yelin Zhang | Governance in Entrepreneurial Ecosystems: Venture Capitalists vs. Technology Parks
SAFE Working Paper No. 135
| Jan 2016 |
Working Papers
|
Law and Finance
| 2016 | Entrepreneurship, Entrepreneurial Finance, Governance, Technology Park, Incubator, Board of Directors, Venture Capital, Angel |
Cumming, Douglas
Zhang, Yelin
Werth, Jochen Christian
| 1451602800 | SAFE Working Paper | |
Günter Beck, Hans-Helmut Kotz | Euro Area Shadow Banking Activities in a Low-Interest-Rate Environment: A Flow-of-Funds Perspective
White Paper No. 37
| Apr 2016 |
White Papers
|
Financial Intermediation,
Macro Finance
| 2016 | Non-bank financial intermediation, shadow banking, financial stability, systemic risk, financial regulation, low interest rate environment |
Kotz, Hans-Helmut
Beck, Günter
| 1459461600 | Policy Paper | |
Günter Beck, Hans-Helmut Kotz, Natalia Zabelina | Lost in Translation? ECB’s Monetary Impulses and Financial Intermediaries’ Responses
White Paper No. 36
| Apr 2016 |
White Papers
|
Financial Intermediation,
Macro Finance
| 2016 | Non-bank financial intermediation, interest-rate channel, credit channel, risk-taking channel of monetary policy, market-based financial intermediation, monetary transmission mechanism, waterbed effect |
Kotz, Hans-Helmut
Zabelina, Natalia
Beck, Günter
| 1459461600 | Policy Paper | |
Vilen Lipatov, Alfons J. Weichenrieder | A Decentralization Theorem of Taxation
CESifo Economic Studies
| Mar 2016 |
Research Publications
|
Macro Finance
| 2016 | fiscal federalism, taxing rights, decentralization theorem |
Weichenrieder, Alfons J.
Lipatov, Vilen
| 1456786800 | Published Paper | |
Brigitte Haar | Investor 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
| Mar 2014 |
Research Publications
|
Law and Finance
| 2014 | collective litigation, investor protection, test cases, German Capital Markets Model Case Act (KapMuG) |
Haar, Brigitte
| 1393628400 | Published Paper | |
Markus Kröll, Devesh Rustagi | Reputation, Honesty, and Cheating in Informal Milk Markets in India
SAFE Working Paper No. 134
| Jan 2016 |
Working Papers
|
Law and Finance,
| 2016 | Motivation for honesty, asymmetric information, cheating, informal markets, die game, milk, India |
Rustagi, Devesh
Kröll, Markus
| 1451602800 | SAFE Working Paper | |
Markus Behn, Rainer Haselmann, Thomas Kick, Vikrant Vig | The Political Economy of Bank Bailouts
SAFE Working Paper No. 133
| Jan 2016 |
Working Papers
|
Financial Intermediation,
Law and Finance
| 2016 | political economy, bailouts, state-owned enterprises, elections |
Kick, Thomas
Haselmann, Rainer
Vig, Vikrant
Behn, Markus
| 1451602800 | SAFE Working Paper | |
Rainer Haselmann, David Schoenherr, Vikrant Vig | Rent-Seeking in Elite Networks
SAFE Working Paper No. 132
| Jan 2016 |
Working Papers
|
Financial Intermediation,
Law and Finance
| 2016 | - |
Schoenherr, David
Vig, Vikrant
Haselmann, Rainer
| 1451602800 | SAFE Working Paper | |
Andrej Gill, Nikolai Visnjic | Performance Benefits of Tight Control
The Journal of Private Equity
| Jan 2015 |
Research Publications
|
Law and Finance,
| 2015 | private equity, leveraged buyouts, active shareholders, ownership concentration, corporate governance |
Gill, Andrej
Visnjic, Nikolai
| 1420066800 | Published Paper | |
Marcel Fratzscher, Reint Gropp, Hans-Helmut Kotz, Jan Pieter Krahnen, Christian Odendahl, Beatrice Weder di Mauro, Guntram B. Wolff | Mere criticism of the ECB is no solution
Policy Letter No. 51
| Apr 2016 |
Policy Letters
|
Macro Finance
| 2016 | eurozone, crisis, monetary policy |
Fratzscher, Marcel
Gropp, Reint
Weder di Mauro, Beatrice
Krahnen, Jan Pieter
Odendahl, Christian
Wolff, Guntram B.
Kotz, Hans-Helmut
| 1459461600 | Policy Paper |
Professor,
|
Nicole Branger, Patrick Grüning, Christian Schlag | Commodities, Financialization, and Heterogeneous Agents
SAFE Working Paper No. 131
| Jan 2016 |
Working Papers
|
Financial Markets
| 2016 | Commodities, General Equilibrium, Heterogeneous Preferences, Financial Markets |
Schlag, Christian
Branger, Nicole
Grüning, Patrick
| 1451602800 | SAFE Working Paper |
Professor,
|
Martin Götz, Tobias Tröger | Should the Marketing of Subordinated Debt be Restricted/Different in One Way or the Other? What to do in the Case of Mis-selling?
White Paper No. 35
| Mar 2016 |
White Papers
|
Financial Intermediation
| 2016 | Bail-in, BRRD, subordinated debt, EU market regulation |
Götz, Martin
Tröger, Tobias
| 1456786800 | Policy Paper |
Professor,
|
Peter Gomber | The German Equity Trading Landscape
White Paper No. 34
| Feb 2016 |
White Papers
|
Financial Markets
| 2016 | MiFID II, MiFIR, equity trading, electronic trading, cash equity markets |
Gomber, Peter
| 1454281200 | Policy Paper | |
Jan Pieter Krahnen, Felix Noth, Ulrich Schüwer | Structural Reforms in Banking: The Role of Trading
White Paper No. 33
| Nov 2016 |
White Papers
|
Financial Intermediation,
Financial Markets
| 2016 | proprietary trading, banking separation proposals, bank risk |
Noth, Felix
Krahnen, Jan Pieter
Schüwer, Ulrich
| 1477954800 | Policy Paper |
Professor,
|
Patrick Behr, Reinhard H. Schmidt | The German Banking System: Characteristics and Challenges
White Paper No. 32
| Dec 2015 |
White Papers
|
Financial Intermediation
| 2015 | banks, government, regulation |
Schmidt, Reinhard H.
Behr, Patrick
| 1448924400 | Policy Paper | |
Adrian Buss, Bernard Dumas, Raman Uppal, Grigory Vilkov | The Intended and Unintended Consequences of Financial-Market Regulations: A General Equilibrium Analysis
Journal of Monetary Economics
| Aug 2016 |
Research Publications
|
Financial Markets
| 2016 | Tobin tax, borrowing constraints, short-sale constraints, stock market volatility, incomplete markets, differences of opinion |
Dumas, Bernard
Vilkov, Grigory
Uppal, Raman
Buss, Adrian
| 1470002400 | Published Paper | |
Giuliano Curatola | Optimal Consumption and Portfolio Choice with Loss Aversion
SAFE Working Paper No. 130
| Jan 2016 |
Working Papers
|
Financial Markets
| 2016 | Loss-aversion, Habit-formation, Consumption-portfolio choice |
Curatola, Giuliano
| 1451602800 | SAFE Working Paper | |
Giuliano Curatola, Michael Donadelli, Patrick Grüning, Christoph Meinerding | Investment-Specific Shocks, Business Cycles, and Asset Prices
SAFE Working Paper No. 129
| Jan 2016 |
Working Papers
|
Financial Markets
| 2016 | General Equilibrium Asset Pricing, Production Economy, Long-Run Risk, Investment-Specific Shocks, Nominal Rigidities |
Curatola, Giuliano
Donadelli, Michael
Meinerding, Christoph
Grüning, Patrick
| 1451602800 | SAFE Working Paper | |
Giuliano Curatola | Preference Evolution and the Dynamics of Capital Markets
SAFE Working Paper No. 128
| Jan 2016 |
Working Papers
|
Macro Finance
| 2016 | Asset pricing, general equilibrium, heterogeneous investors, interdependent preferences, portfolio choice |
Curatola, Giuliano
| 1451602800 | SAFE Working Paper | |
Helmut Elsinger, Philipp Schmidt-Dengler, Christine Zulehner | Competition in Treasury Auctions
SAFE Working Paper No. 127
| Jan 2016 |
Working Papers
|
Law and Finance
| 2016 | treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format |
Zulehner, Christine
Schmidt-Dengler, Philipp
Elsinger, Helmut
| 1451602800 | SAFE Working Paper | |
Carsten Bienz, Karin Thorburn, Uwe Walz | Fund Ownership, Wealth, and Risk-Taking: Evidence on Private Equity Managers
SAFE Working Paper No. 126
| Jan 2016 |
Working Papers
|
Financial Intermediation
| 2016 | Private equity, leveraged buyouts, incentives, coinvestment, risk taking, wealth |
Bienz, Carsten
Walz, Uwe
Thorburn, Karin
| 1451602800 | SAFE Working Paper |
Professor,
|
Jens-Hinrich Binder | To Ring-Fence or Not, and How? Strategic Questions for Post-Crisis Banking Reform in Europe
forthcoming in European Banking Regulation (CH Beck)
| Jan 2023 |
Research Publications
|
Financial Intermediation
| 2023 | EU banking regulation, Liikanen Report, ring-fencing, structural bank reform, Vickers Commission, Volcker Rule |
Binder, Jens-Hinrich
| 1672527600 | Published Paper | |
Jens-Hinrich Binder | Komplexitätsbewältigung durch Verwaltungsverfahren?
Zeitschrift für das gesamte Handels- und Wirtschaftsrecht
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | |
Binder, Jens-Hinrich
| 1420066800 | Published Paper | |
Tobias Tröger, Uwe Walz | Does Say on Pay Matter? Evidence from Germany
SAFE Working Paper No. 125
| Jan 2016 |
Working Papers
|
Law and Finance,
| 2016 | Say-on-pay, corporate governance, management compensation |
Tröger, Tobias
Walz, Uwe
| 1451602800 | SAFE Working Paper |
Professor,
Professor,
|
Adrian Buss, Bernard Dumas, Raman Uppal, Grigory Vilkov | The Intended and Unintended Consequences of Financial-Market Regulations: A General Equilibrium Analysis
SAFE Working Paper No. 124
| Jan 2016 |
Working Papers
|
Financial Markets
| 2016 | Tobin tax, borrowing constraints, short-sale constraints, stock market volatility, incomplete markets, differences of opinion |
Vilkov, Grigory
Uppal, Raman
Dumas, Bernard
Buss, Adrian
| 1451602800 | SAFE Working Paper | |
Marie Lalanne, Paul Seabright | The Old Boy Network: The Impact of Professional Networks on Remuneration in Top Executive Jobs
SAFE Working Paper No. 123
| Jan 2016 |
Working Papers
|
Law and Finance
| 2016 | professional networks, gender wage gap, executive compensation, placebo technique |
Seabright, Paul
Lalanne, Marie
| 1451602800 | SAFE Working Paper | |
Douglas Cumming, Uwe Walz, Jochen Christian Werth | Entrepreneurial Spawning: Experience, Education, and Exit
SAFE Working Paper No. 122
| Jan 2016 |
Working Papers
|
Law and Finance
| 2016 | Venture governance, entrepreneurship, entrepreneurial spawning, angel finance, venture capital, exit |
Cumming, Douglas
Werth, Jochen Christian
Walz, Uwe
| 1451602800 | SAFE Working Paper |
Professor,
|
Douglas Cumming, Uwe Walz, Jochen Christian Werth | Entrepreneurial Spawning: Experience, Education, and Exit
Financial Review
| Nov 2016 |
Research Publications
|
Law and Finance
| 2016 | Venture governance, entrepreneurship, entrepreneurial spawning, angel finance, venture capital, exit |
Cumming, Douglas
Werth, Jochen Christian
Walz, Uwe
| 1477954800 | Published Paper |
Professor,
|
Elia Berdin, Matteo Sottocornola | Insurance Activities and Systemic Risk
SAFE Working Paper No. 121
| Jan 2015 |
Working Papers
|
Financial Intermediation,
| 2015 | Systemic Risk, Insurance Activities, Systemically Important Financial Institutions |
Sottocornola, Matteo
Berdin, Elia
| 1420066800 | SAFE Working Paper | |
Bijan Kaffenberger, Mark Wahrenburg | Fragmentation in the European Retail Deposit Market and Implications for Loan Availability in European Member States
White Paper No. 31
| Nov 2015 |
White Papers
|
Household Finance
| 2015 | household finance, deposits, European market fragmentation |
Wahrenburg, Mark
Kaffenberger, Bijan
| 1446332400 | Policy Paper | |
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek | The Potential Effect of Offering Lump Sums as Retirement Payments
Policy Letter No. 50
| Nov 2015 |
Policy Letters
|
Household Finance
| 2015 | Social Security solvency, Pension system |
Schimetschek, Tatjana
Mitchell, Olivia S.
Maurer, Raimond
Rogalla, Ralph
| 1446332400 | Policy Paper | |
Günther Gebhardt | Impairments of Greek Government Bonds under IAS 39 and IFRS 9: A Case Study
White Paper No. 30
| Nov 2015 |
White Papers
|
Financial Markets
| 2015 | government bonds, IFRS 9, credit losses |
Gebhardt, Günther
| 1446332400 | Policy Paper | |
Helmut Gründl | Solvency II ante portas: Nutzen und Risiken der neuen Versicherungsregulierung
Policy Letter No. 49
| Nov 2015 |
Policy Letters
|
Financial Intermediation
| 2015 | Versicherungen, Regulierung |
Gründl, Helmut
| 1446332400 | Policy Paper | |
Helmut Gründl | Solvency II at the Gates: Benefits and Risks of the New Insurance Regulation
Policy Letter No. 48
| Nov 2015 |
Policy Letters
|
Financial Intermediation
| 2015 | Insurance, Regulation |
Gründl, Helmut
| 1446332400 | Policy Paper | |
Matthias Heinz, Heiner Schumacher | Signaling Cooperation
SAFE Working Paper No. 120
| Jan 2015 |
Working Papers
|
Law and Finance
| 2015 | Signaling, Public Goods, Labor Markets, Extracurricular Activities |
Schumacher, Heiner
Heinz, Matthias
| 1420066800 | SAFE Working Paper | |
Michael Brennan, Holger Kraft | Leaning Against the Wind: Debt Financing in the Face of Adversity
SAFE Working Paper No. 119
| Jan 2015 |
Working Papers
|
Financial Markets
| 2015 | Capital structure, financing policy, managerial incentives |
Kraft, Holger
Brennan, Michael
| 1420066800 | SAFE Working Paper | |
Michael Donadelli, Antonio Paradiso, Max Riedel | A Quasi Real-Time Leading Indicator for the EU Industrial Production
SAFE Working Paper No. 118
| Jan 2015 |
Working Papers
|
Financial Markets
| 2015 | Leading indicator, EU industrial production, Granger causality, Turning points, Forward-looking Taylor rule |
Riedel, Max
Paradiso, Antonio
Donadelli, Michael
| 1420066800 | SAFE Working Paper | |
Dirk Krueger, Philipp Krüger, Alexander Ludwig | On the Optimal Provision of Social Insurance
SAFE Working Paper No. 110
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | Progressive Taxation, Education Subsidy, Transitional Dynamics |
Ludwig, Alexander
Krueger, Dirk
Krüger, Philipp
| 1420066800 | SAFE Working Paper | |
Marcel Bluhm | Interbank Funding as Insurance Mechanism for (Persistent) Liquidity Shocks
SAFE Working Paper No. 117
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | Financial fragility, interbank market, liquidity, maturity, network model |
Bluhm, Marcel
| 1420066800 | SAFE Working Paper | |
Andreas Fagereng, Charles Gottlieb, Luigi Guiso | Asset Market Participation and Portfolio Choice Over the Life-Cycle
SAFE Working Paper No. 115
| Jan 2015 |
Working Papers
|
Household Finance
| 2015 | - |
Guiso, Luigi
Fagereng, Andreas
Gottlieb, Charles
| 1420066800 | SAFE Working Paper | |
Charles Gottlieb | On the Distributive Effects of Inflation
SAFE Working Paper No. 116
| Jan 2015 |
Working Papers
|
Household Finance
| 2015 | Anticipated Inflation, Monetary Policy, Incomplete markets, Heterogeneous agents, Endogenous Asset Market Participation |
Gottlieb, Charles
| 1420066800 | SAFE Working Paper | |
Ester Faia, Andreas Hackethal, Michael Haliassos, Katja Langenbucher | Financial Regulation: A Transatlantic Perspective
Cambridge University Press
| Sep 2015 |
Research Publications
|
Household Finance,
Macro Finance
| 2015 | banking union, microprudential regulation, macroprudential regulation, investor protection, borrower protection |
Langenbucher, Katja
Haliassos, Michael
Hackethal, Andreas
Faia, Ester
| 1441058400 | Published Paper |
Professor,
Professor,
|
Monica Billio, Lorenzo Frattarolo, Loriana Pelizzon | A Time Varying Performance Evaluation of Hedge Fund Strategies through Aggregation
Bankers, Markets and Investors
| Jan 2014 |
Research Publications
|
Financial Intermediation,
| 2014 | Extra performances, Hedge funds, Markov switching models, Financial crises |
Frattarolo, Lorenzo
Billio, Monica
Pelizzon, Loriana
| 1388530800 | Published Paper |
Professor,
|
Tobias Tröger | A Political Economy Perspective on Common Supervision in the Eurozone
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
| Aug 2015 |
Research Publications
|
Financial Intermediation
| 2015 | |
Tröger, Tobias
| 1438380000 | Published Paper |
Professor,
|
Gabriele Camera, Alessandro Gioffré | A Tractable Analysis of Contagious Equilibria
Journal of Mathematical Economics
| Jan 2015 |
Research Publications
|
Macro Finance
| 2015 | Cooperation, Social norms, Grim trigger, Random matching |
Camera, Gabriele
Gioffré, Alessandro
| 1420066800 | Published Paper | |
Andrea Weber, Moritz Christian Weber, Andrea Weber, Christine Zulehner | Competition and Gender Prejudice: Are Discriminatory Employers Doomed to Fail?
Journal of the European Economic Association
| Apr 2014 |
Research Publications
|
Law and Finance
| 2014 | |
Weber, Andrea
Weber, Moritz Christian
Weber, Andrea
Zulehner, Christine
| 1396303200 | Published Paper | |
Jan Pieter Krahnen, Laura Moretti | Bail-In Clauses
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
| Aug 2015 |
Research Publications
|
Financial Intermediation
| 2015 | |
Moretti, Laura
Krahnen, Jan Pieter
| 1438380000 | Published Paper |
Professor,
|
Baptiste Massenot, Stéphane Straub | Informal Sector and Economic Development: The Credit Supply Channel
SAFE Working Paper No. 106
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | - |
Straub, Stéphane
Massenot, Baptiste
| 1420066800 | SAFE Working Paper | |
Loriana Pelizzon, Domenico Sartore | Deciphering the Libor and Euribor Spreads during the Subprime Crisis
North American Journal of Economics and Finance
| Dec 2013 |
Research Publications
|
Financial Intermediation,
| 2013 | Subprime crisis, Collateral, Liquidity, Unconventional monetary policy |
Sartore, Domenico
Pelizzon, Loriana
| 1385852400 | Published Paper |
Professor,
|
Klaus Gugler, Michael Weichselbaumer, Christine Zulehner | Competition in the Economic Crisis: Analysis of Procurement Auctions
European Economic Review
| Jan 2015 |
Research Publications
|
Law and Finance
| 2015 | Construction procurement, First-price auctions, Private values, Economic crisis, Government stimulus |
Gugler, Klaus
Weichselbaumer, Michael
Zulehner, Christine
| 1420066800 | Published Paper | |
Franz Hackl, Michael Kummer, Rudolf Winter-Ebmer, Christine Zulehner | Market Structure and Market Performance in E-Commerce
European Economic Review
| May 2014 |
Research Publications
|
Financial Markets
| 2014 | Retailing, Product life cycle, Market structure, Market performance, Markup, Price dispersion |
Kummer, Michael
Winter-Ebmer, Rudolf
Hackl, Franz
Zulehner, Christine
| 1398895200 | Published Paper | |
Helmut Mahringer, Christine Zulehner | Child-Care Costs and Mothers’ Employment Rates: An Empirical Analysis for Austria
Review of Economics of the Household
| Jan 2013 |
Research Publications
|
Law and Finance
| 2013 | Child-care, Labour supply, Bivariate sample selection, Matched survey and administrative data |
Mahringer, Helmut
Zulehner, Christine
| 1356994800 | Published Paper | |
René Böheim, Klemens Himpele, Helmut Mahringer, Christine Zulehner | The Distribution of the Gender Pay Gap in Austria: Evidence from Matched Employer-Employee Data and Tax Records
Journal for Labour Market Research
| Mar 2013 |
Research Publications
|
Law and Finance
| 2013 | gender wage differentials, quantile regressions, decomposition, matched employer-employee data |
Himpele, Klemens
Böheim, René
Mahringer, Helmut
Zulehner, Christine
| 1362092400 | Published Paper | |
René Böheim, Klemens Himpele, Helmut Mahringer, Christine Zulehner | The Gender Wage Gap in Austria: Eppur si muove!
Empirica
| Nov 2013 |
Research Publications
|
Law and Finance
| 2013 | Gender wage differentials, Wage inequality, Decomposition, Matched employer-employee data |
Mahringer, Helmut
Himpele, Klemens
Böheim, René
Zulehner, Christine
| 1383260400 | Published Paper | |
Ester Faia, Isabel Schnabel | The road from micro-prudential to macro-prudential regulation
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
| Aug 2015 |
Research Publications
|
Macro Finance
| 2015 | |
Schnabel, Isabel
Faia, Ester
| 1438380000 | Published Paper | |
Alfons J. Weichenrieder | Greece: Threatening Recovery
Policy Letter No. 37
| Feb 2015 |
Policy Letters
|
Macro Finance
| 2015 | Financial Assistance, Conditionality |
Weichenrieder, Alfons J.
| 1422745200 | Policy Paper | |
Holger Kraft, Claus Munk, Sebastian Wagner | Housing Habits and Their Implications for Life-Cycle Consumption and Investment
SAFE Working Paper No. 85
| Jan 2015 |
Working Papers
|
Household Finance
| 2015 | Habit formation, life-cycle household decisions, housing expenditure share, consumption hump, stock market participation, renting vs. owning home, human capital |
Wagner, Sebastian
Kraft, Holger
Munk, Claus
| 1420066800 | SAFE Working Paper | |
Kosmas Kaprinis, Katja Langenbucher | Private Enforcement of Investor Protection – Is Private Law up for the Challenge? A Glance at the United Kingdom
100 Jahre Rechtswissenschaft in Frankfurt (Vittorio Klostermann)
| Jan 2014 |
Research Publications
|
Household Finance
| 2014 | |
Kaprinis, Kosmas
Langenbucher, Katja
| 1388530800 | Published Paper |
Professor,
|
Agar Brugiavini, Danilo Cavapozzi, Mario Padula, Yuri Pettinicchi | Financial Education, Literacy and Investment Attitudes
SAFE Working Paper No. 86
| Jan 2015 |
Working Papers
|
Household Finance
| 2015 | Financial education, Financial literacy, Planning, Investment attitudes |
Cavapozzi, Danilo
Brugiavini, Agar
Padula, Mario
Pettinicchi, Yuri
| 1420066800 | SAFE Working Paper | |
Iñaki Aldasoro, Domenico Delli Gatti, Ester Faia | Bank Networks: Contagion, Systemic Risk and Prudential Policy
SAFE Working Paper No. 87
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | banking networks, centrality metrics, systemic risk |
Delli Gatti, Domenico
Aldasoro, Iñaki
Faia, Ester
| 1420066800 | SAFE Working Paper | |
Ester Faia, Beatrice Weder di Mauro | Cross-Border Resolution of Global Banks
SAFE Working Paper No. 88
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | single point of entry, multiple point of entry, strategic interaction of regulators, financial spillover, financial retrenchment |
Weder di Mauro, Beatrice
Faia, Ester
| 1420066800 | SAFE Working Paper | |
Julia Braun, Alfons J. Weichenrieder | Does Exchange of Information between Tax Authorities Influence Multinationals’ Use of Tax Havens?
SAFE Working Paper No. 89
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | Tax havens, tax information exchange agreements, location decisions, international taxation |
Braun, Julia
Weichenrieder, Alfons J.
| 1420066800 | SAFE Working Paper | |
Pinar Topal | Fiscal Stimulus and Labor Market Flexibility
SAFE Working Paper No. 90
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | fiscal policy, labour economics, labour market policies, threshold vector auto-regressive models, panel VAR, non-linear VAR, impulse analysis |
Topal, Pinar
| 1420066800 | SAFE Working Paper | |
Giuliano Curatola, Michael Donadelli, Patrick Grüning | Matching the BRIC equity premium: A structural approach
Emerging Markets Review
| Mar 2015 |
Research Publications
|
Financial Markets
| 2015 | BRIC countries, Equity risk premium, Long-run risk, Persistence |
Donadelli, Michael
Grüning, Patrick
Curatola, Giuliano
| 1425164400 | Published Paper | |
Giuliano Curatola | Loss aversion, habit formation and the term structures of equity and interest rates
Journal of Economic Dynamics and Control
| Apr 2015 |
Research Publications
|
Financial Markets,
Macro Finance
| 2015 | Loss-aversion, Habit formation, Yield curve, Dividend strips, General equilibrium |
Curatola, Giuliano
| 1427839200 | Published Paper | |
Tobias Tröger | How Special Are They? Targeting Systemic Risk by Regulating Shadow Banks
Reshaping Markets Economic Governance, the Global Financial Crisis and Liberal Utopia (Cambridge University Press)
| Apr 2016 |
Research Publications
|
Financial Intermediation
| 2016 | shadow banking, regulatory arbitrage, prudential supervision |
Tröger, Tobias
| 1459461600 | Published Paper |
Professor,
|
Dirk Hackbarth, Rainer Haselmann, David Schoenherr | Financial Distress, Stock Returns, and the 1978 Bankruptcy Reform Act
Review of Financial Studies
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | financial distress, law and finance, shareholder recovery, stock returns |
Hackbarth, Dirk
Schoenherr, David
Haselmann, Rainer
| 1420066800 | Published Paper | |
Markus Behn, Rainer Haselmann, Paul Wachtel | Pro-Cyclical Capital Regulation and Lending
The Journal of Finance
| Apr 2016 |
Research Publications
|
Financial Intermediation
| 2016 | capital regulation, credit crunch, financial crisis, pro-cyclicality |
Wachtel, Paul
Behn, Markus
Haselmann, Rainer
| 1459461600 | Published Paper | |
Christoph Hambel, Holger Kraft | Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change
SAFE Working Paper No. 92
| Jan 2015 |
Working Papers
|
Macro Finance,
| 2015 | Climate change economics, Carbon abatement, GDP growth |
Kraft, Holger
Hambel, Christoph
| 1420066800 | SAFE Working Paper | |
Shafik Hebous, Tom Zimmermann | Revisiting the Narrative Approach of Estimating Tax Multipliers
SAFE Working Paper No. 93
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | Narrative Approach, Fiscal Stabilization, Tax Multiplier, Weak Instruments |
Zimmermann, Tom
Hebous, Shafik
| 1420066800 | SAFE Working Paper | |
Claudia Lambert, Felix Noth, Ulrich Schüwer | How Do Banks React to Catastrophic Events? Evidence from Hurricane Katrina
SAFE Working Paper No. 94
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | catastrophic events, bank regulation, capital ratios, natural experiment |
Lambert, Claudia
Noth, Felix
Schüwer, Ulrich
| 1420066800 | SAFE Working Paper | |
Silvia Bressan, Noemi Pace, Loriana Pelizzon | Health Status and Portfolio Choice: Is Their Relationship Economically Relevant?
International Review of Financial Analysis
| Mar 2014 |
Research Publications
|
Household Finance,
| 2014 | Household portfolios, Health status |
Bressan, Silvia
Pace, Noemi
Pelizzon, Loriana
| 1393628400 | Published Paper |
Professor,
|
Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio, Jun Uno | Sovereign Credit Risk, Liquidity, and ECB Intervention: Deus Ex Machina?
SAFE Working Paper No. 95
| Jan 2015 |
Working Papers
|
Financial Markets,
| 2015 | Liquidity, Credit Risk, Euro-zone Government Bonds, Financial Crisis, MTS Bond Market |
Subrahmanyam, Marti
Pelizzon, Loriana
Tomio, Davide
Uno, Jun
| 1420066800 | SAFE Working Paper |
Professor,
|
Jens-Hinrich Binder | Banking Union and the Governance of Credit Institutions - A Legal Perspective
SAFE Working Paper No. 96
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | Banking Union, Single Supervisory Mechanism, Single Resolution Mechanism, Banking Regulation, Bank Corporate Governance |
Binder, Jens-Hinrich
| 1420066800 | SAFE Working Paper | |
Axel Börsch-Supan, Alexander Ludwig | Aging in Europe: Reforms, International Diversification, and Behavioral Reactions
American Economic Review Papers and Proceedings
| May 2014 |
Research Publications
|
Macro Finance
| 2014 | |
Börsch-Supan, Axel
Ludwig, Alexander
| 1398895200 | Published Paper | |
Alexander Ludwig, Alexander Zimper | Biased Bayesian Learning with an Application to the Risk-Free Rate Puzzle
Journal of Economic Dynamics and Control
| Feb 2014 |
Research Publications
|
Macro Finance
| 2014 | Ambiguity, Non-additive probability measures, Bayesian learning, Truncated normal distribution, Risk-free rate puzzle |
Zimper, Alexander
Ludwig, Alexander
| 1391209200 | Published Paper | |
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla | Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection
Insurance: Mathematics and Economics
| Jul 2015 |
Research Publications
|
Household Finance
| 2015 | dynamic portfolio choice; longevity risk; variable annuity; money-back guarantee; liquidity; retirement income |
Horneff, Vanya
Maurer, Raimond
Rogalla, Ralph
Mitchell, Olivia S.
| 1435701600 | Published Paper | |
Helmut Siekmann | The Legal Framework for the European System of Central Banks
White Paper No. 26
| Apr 2015 |
White Papers
|
Macro Finance
| 2015 | economic and monetary union, euro, monetary policy, economic policy |
Siekmann, Helmut
| 1427839200 | Policy Paper | |
Tobias Tröger | Corporate Groups – A German’s European Perspective
German and Nordic Perspectives on Company Law and Capital Markets Law (Mohr Siebeck)
| Jan 2015 |
Research Publications
|
Law and Finance
| 2015 | Corporate Groups, Related Party Transactions, Tunneling, Corporate Governance, E.U. Corporate Law, Shareholder Rights Directive, Group Interesterest, Minority Shareholder Protection, Creditor Protection |
Tröger, Tobias
| 1420066800 | Published Paper |
Professor,
|
Marcel Grupp, Christian Rauch, Marc Umber, Uwe Walz | The Influence of Leveraged Buyouts on Target Firms’ Competitors
SAFE Working Paper No. 99
| Jan 2015 |
Working Papers
|
Law and Finance
| 2015 | Product Market Competition, Peers, LBOs, Restructuring |
Umber, Marc
Grupp, Marcel
Rauch, Christian
Walz, Uwe
| 1420066800 | SAFE Working Paper |
Professor,
|
Alfons J. Weichenrieder | Stellungnahme zu den Plänen einer Erbschaftsteuerreform
Policy Letter No. 39
| May 2015 |
Policy Letters
|
Macro Finance
| 2015 | Steuerpolitik, Erbschaftsteuer, Schenkungsteuer |
Weichenrieder, Alfons J.
| 1430431200 | Policy Paper | |
Marcel Grupp | Taking the Lead: When Non-Banks Arrange Syndicated Loans
SAFE Working Paper No. 100
| Jan 2015 |
Working Papers
|
Law and Finance
| 2015 | Non-bank lead arrangers, syndicated loans, spread premium |
Grupp, Marcel
| 1420066800 | SAFE Working Paper | |
Marcel Grupp | On the Impact of Leveraged Buyouts on Bank Systemic Risk
SAFE Working Paper No. 101
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | Leveraged buyouts, syndicated loans, systemic risk |
Grupp, Marcel
| 1420066800 | SAFE Working Paper | |
Christine Moorman, Simone Wies | Going Public: How Stock Market Participation Changes Firm Innovation Behavior
Journal of Marketing Research
| Oct 2015 |
Research Publications
|
Financial Markets
| 2015 | Innovation, breakthrough innovation, stock market impact, IPO, marketing-finance interface, consumer packaged goods |
Moorman, Christine
Wies, Simone
| 1443650400 | Published Paper | |
Iñaki Aldasoro, Iván Alves | Multiplex Interbank Networks and Systemic Importance: An Application to European Data
SAFE Working Paper No. 102
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | interbank networks, systemic importance, multiplex networks |
Alves, Iván
Aldasoro, Iñaki
| 1420066800 | SAFE Working Paper | |
Guido Friebel, Matthias Heinz | Media Slant Against Foreign Owners: Downsizing
Journal of Public Economics
| Dec 2014 |
Research Publications
|
Law and Finance
| 2014 | Media economics, Globalization, Economic xenophobia, Multi-national enterprises, Foreign direct investment |
Heinz, Matthias
Friebel, Guido
| 1417388400 | Published Paper | |
Volker Brühl, Helmut Gründl, Andreas Hackethal, Hans-Helmut Kotz, Jan Pieter Krahnen, Tobias Tröger | Comments on the EU Commission’s Capital Markets Union Project
White Paper No. 27
| May 2015 |
White Papers
|
Financial Markets
| 2015 | Capital Markets Union, functional finance approach, level playing field, financial services |
Brühl, Volker
Tröger, Tobias
Krahnen, Jan Pieter
Kotz, Hans-Helmut
Gründl, Helmut
Hackethal, Andreas
| 1430431200 | Policy Paper |
Professor,
Professor,
Professor,
|
Massimiliano Caporin, Loriana Pelizzon, Francesco Ravazzolo, Roberto Rigobon | Measuring Sovereign Contagion in Europe
SAFE Working Paper No. 103
| Jan 2015 |
Working Papers
|
Financial Markets,
| 2015 | Sovereign Risk, Contagion, Disintegration |
Rigobon, Roberto
Caporin, Massimiliano
Ravazzolo, Francesco
Pelizzon, Loriana
| 1420066800 | SAFE Working Paper |
Professor,
|
Sascha Baghestanian, Baptiste Massenot | Credit Cycles: Experimental Evidence
SAFE Working Paper No. 104
| Jan 2015 |
Working Papers
|
Macro Finance,
| 2015 | - |
Baghestanian, Sascha
Massenot, Baptiste
| 1420066800 | SAFE Working Paper | |
Vilen Lipatov, Alfons J. Weichenrieder | A Decentralization Theorem of Taxation
SAFE Working Paper No. 105
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | fiscal federalism, taxing rights, decentralization theorem |
Lipatov, Vilen
Weichenrieder, Alfons J.
| 1420066800 | SAFE Working Paper | |
Michael Haliassos | Keeping Households out of Financial Trouble
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
| Aug 2015 |
Research Publications
|
Household Finance
| 2015 | |
Haliassos, Michael
| 1438380000 | Published Paper | |
Charles N. Noussair, Stefan T. Trautmann, Nathanael Vellekoop, Gijs van de Kuilen | Risk Aversion and Religion
Journal of Risk and Uncertainty
| Oct 2013 |
Research Publications
|
Household Finance
| 2013 | |
Trautmann, Stefan T.
van de Kuilen, Gijs
Noussair, Charles N.
Vellekoop, Nathanael
| 1380578400 | Published Paper | |
Daniel Powell, Marc Steffen Rapp | Non-Mandatory Say on Pay Votes and AGM Participation: Evidence from Germany
SAFE Working Paper No. 107
| Jan 2015 |
Working Papers
|
Law and Finance
| 2015 | Corporate Governance, Executive Remuneration, Say on Pay, Annual General Meeting, Germany |
Rapp, Marc Steffen
Powell, Daniel
| 1420066800 | SAFE Working Paper | |
Sascha Baghestanian, Paul Gortner, Baptiste Massenot | Compensation Schemes, Liquidity Provision, and Asset Prices: An Experimental Analysis
SAFE Working Paper No. 108
| Jan 2015 |
Working Papers
|
Law and Finance,
| 2015 | compensation, liquidity, experimental asset markets, bubbles |
Gortner, Paul
Massenot, Baptiste
Baghestanian, Sascha
| 1420066800 | SAFE Working Paper | |
Tobias Tröger | Vertragsrechtliche Fragen negativer Zinsen auf Einlagen
Neue Juristische Wochenschrift
| Mar 2015 |
Research Publications
|
Financial Intermediation
| 2015 | |
Tröger, Tobias
| 1425164400 | Published Paper |
Professor,
|
Tobias Tröger | Negative Zinsen auf Einlagen – Juristische Hindernisse und ihre wettbewerbspolitischen Auswirkungen
Policy Letter No. 40
| Jun 2015 |
Policy Letters
|
Law and Finance
| 2015 | Niedrigzinsumfeld, Einlageverträge, negativer Zins |
Tröger, Tobias
| 1433109600 | Policy Paper |
Professor,
|
Jan Pieter Krahnen | Drei Thesen zur Griechenlandkrise
Policy Letter No. 41
| Jul 2015 |
Policy Letters
|
Macro Finance
| 2015 | Währungsunion, Fiskalunion, Politische Union |
Krahnen, Jan Pieter
| 1435701600 | Policy Paper |
Professor,
|
Jan Pieter Krahnen | Three Theses on the Greek Crisis
Policy Letter No. 42
| Jul 2015 |
Policy Letters
|
Macro Finance
| 2015 | Monetary Union, Fiscal Union, Political Union |
Krahnen, Jan Pieter
| 1435701600 | Policy Paper |
Professor,
|
Reinhard H. Schmidt | Escalating Crisis in the Eurozone: The Case for Conditional Debt Relief for Greece
Policy Letter No. 43
| Jun 2015 |
Policy Letters
|
Macro Finance
| 2015 | Greek crisis, structural reforms, debt sustainability |
Schmidt, Reinhard H.
| 1433109600 | Policy Paper | |
Alfons J. Weichenrieder | Ein ESM Programm ist nicht zu rechtfertigen
Policy Letter No. 44
| Jul 2015 |
Policy Letters
|
Macro Finance
| 2015 | Vertrag über die Arbeitsweise der EU (AEUV), ESM, Währungsunion |
Weichenrieder, Alfons J.
| 1435701600 | Policy Paper | |
Guglielmo Maria Caporale, Michael Donadelli, Alessia Varani | International Capital Markets Structure, Preferences and Puzzles: A US-China World
Journal of International Financial Markets, Institutions and Money
| May 2015 |
Research Publications
|
Financial Markets
| 2015 | Macro-anomalies, Financial autarky, Complete markets, Long-run innovations, Home bias |
Caporale, Guglielmo Maria
Varani, Alessia
Donadelli, Michael
| 1430431200 | Published Paper | |
Alfons J. Weichenrieder, Fangying Xu | Are Tax Havens Good? Implications of the Crackdown on Secrecy
SAFE Working Paper No. 111
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | Tax haven, secrecy, tax information exchange, China, India |
Xu, Fangying
Weichenrieder, Alfons J.
| 1420066800 | SAFE Working Paper | |
Shafik Hebous, Alfons J. Weichenrieder | Towards a Fiscal Union? On the Acceptability of a Fiscal Transfer System in the Eurozone
White Paper No. 28
| Jul 2015 |
White Papers
|
Macro Finance
| 2015 | EMU, Eurozone, European unemployment insurance, fiscal transfers |
Hebous, Shafik
Weichenrieder, Alfons J.
| 1435701600 | Policy Paper | |
Bettina Brüggemann, Jinhyuk Yoo | Aggregate and Distributional Effects of Increasing Taxes on Top Income Earners
SAFE Working Paper No. 113
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | Top Income Taxation, Heterogeneous Agents, Incomplete Markets, Income and Wealth Inequality |
Brüggemann, Bettina
Yoo, Jinhyuk
| 1420066800 | SAFE Working Paper | |
Helmut Gründl, Tobias Niedrig | The Effects of Contingent Convertible (CoCo) Bonds on Insurers' Capital Requirements under Solvency II
Policy Letter No. 45
| Aug 2015 |
Policy Letters
|
Financial Intermediation
| 2015 | Life insurance companies, Coco bonds, Solvency II |
Niedrig, Tobias
Gründl, Helmut
| 1438380000 | Policy Paper | |
Günter Beck, Hans-Helmut Kotz, Natalia Zabelina | Euro Area Macro-Financial Stability: A Flow-of-Funds Perspective
White Paper No. 29
| Sep 2015 |
White Papers
|
Financial Intermediation,
Macro Finance
| 2015 | Bank and non-bank financial intermediation, shadow banking, financial stability, systemic risk, financial regulation |
Zabelina, Natalia
Beck, Günter
Kotz, Hans-Helmut
| 1441058400 | Policy Paper | |
Martin Götz, Rainer Haselmann, Jan Pieter Krahnen, Sascha Steffen | Did Emergency Liquidity Assistance (ELA) of the ECB Delay the Bankruptcy of Greek Banks?
Policy Letter No. 46
| Sep 2015 |
Policy Letters
|
Financial Intermediation,
Macro Finance
| 2015 | emergency liquidity assistance (ELA), economic and monetary union, banking supervision, Greece |
Steffen, Sascha
Krahnen, Jan Pieter
Götz, Martin
Haselmann, Rainer
| 1441058400 | Policy Paper |
Professor,
|
Martin Götz, Rainer Haselmann, Jan Pieter Krahnen, Sascha Steffen | Waren die ELA-Notkredite der EZB für griechische Banken eine Konkursverschleppung?
Policy Letter No. 47
| Sep 2015 |
Policy Letters
|
Financial Intermediation,
Macro Finance
| 2015 | emergency liquidity assistance (ELA), Währungsunion, Bankenaufsicht, Griechenland |
Steffen, Sascha
Krahnen, Jan Pieter
Götz, Martin
Haselmann, Rainer
| 1441058400 | Policy Paper |
Professor,
|
Andreas Hackethal | Financial Advice
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
| Aug 2015 |
Research Publications
|
Household Finance
| 2015 | |
Hackethal, Andreas
| 1438380000 | Published Paper |
Professor,
|
Helmut Siekmann | Zur Offenlegung der Bezüge von Sparkassenführungskräften im Internet
White Paper No. 12
| Feb 2014 |
White Papers
|
Law and Finance
| 2014 | Bezüge im Bankensektor, Transparenz, Corporate Governance |
Siekmann, Helmut
| 1391209200 | Policy Paper | |
Douglas J. Elliott, Christian Rauch | Lessons from the Implementation of the Volcker Rule for Banking Structural Reform in the European Union
White Paper No. 13
| Apr 2014 |
White Papers
|
Financial Intermediation
| 2014 | banking separation proposals, proprietary trading ban, Dodd-Frank Act |
Elliott, Douglas J.
Rauch, Christian
| 1396303200 | Policy Paper | |
Reint Gropp | How Important Are Hedge Funds in a Crisis?
Policy Letter No. 23
| Apr 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | systemic risk analysis, statistical risk measurement, spillover effects |
Gropp, Reint
| 1396303200 | Policy Paper | |
Ester Faia | Frontiers of Sustainable Finance in Europe: The Social Impact Bond
Policy Letter No. 24
| May 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | social impact bonds, risk premia, incentives for investment |
Faia, Ester
| 1398895200 | Policy Paper | |
Michael Haliassos | The Fiscal Crisis as a Crisis in Trust
Policy Letter No. 25
| May 2014 |
Policy Letters
|
Household Finance
| 2014 | fiscal crisis, household liquidity, economic reforms, Greece |
Haliassos, Michael
| 1398895200 | Policy Paper | |
Peter Gomber, Benedikt Thomas Jaeger | MiFID: Eine systematische Analyse der Zielerreichung
White Paper No. 14
| May 2014 |
White Papers
|
Financial Markets
| 2014 | MiFID, Wettbewerb, Integration, Transparenz, Integrität |
Jaeger, Benedikt Thomas
Gomber, Peter
| 1398895200 | Policy Paper | |
Andreas Hubener, Raimond Maurer, Olivia S. Mitchell | Family Status, Social Security Claiming Options, and Life Cycle Portfolios
Policy Letter No. 26
| May 2014 |
Policy Letters
|
Household Finance
| 2014 | life-cycle models, household savings, investment decisions |
Hubener, Andreas
Maurer, Raimond
Mitchell, Olivia S.
| 1398895200 | Policy Paper | |
Cornelia Woll | Curtailing Capture through the European Banking Union: A Note of Caution
Policy Letter No. 27
| Jun 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | public-private relations, capture, collective action, social relations |
Woll, Cornelia
| 1401573600 | Policy Paper | |
Alfons J. Weichenrieder | Im Schatten der Lowflation
Policy Letter No. 28
| Jun 2014 |
Policy Letters
|
Macro Finance
| 2014 | Deflation, Zentralbanken, Quantitative Lockerung |
Weichenrieder, Alfons J.
| 1401573600 | Policy Paper | |
Otmar Issing | Monetary Policy and Balance Sheet Adjustment
White Paper No. 15
| Jun 2014 |
White Papers
|
Macro Finance
| 2014 | recession, monetary policy, balance sheet adjustment |
Issing, Otmar
| 1401573600 | Policy Paper | |
Otmar Issing | Forward Guidance: A New Challenge for Central Banks
White Paper No. 16
| Jun 2014 |
White Papers
|
Macro Finance
| 2014 | central bank communication, monetary policy, forward guidance |
Issing, Otmar
| 1401573600 | Policy Paper | |
Hermann Remsperger | Der makroprudenzielle Komplex: der Prozess, das Schloss, das Urteil
White Paper No. 17
| Jun 2014 |
White Papers
|
Macro Finance
| 2014 | makroprudenzielle Regulierung, Finanzstabilität, Europäische Zentralbank |
Remsperger, Hermann
| 1401573600 | Policy Paper | |
Marcel Gellings, Kai Jungbluth, Katja Langenbucher | EU Mapping: Systematic Overview on Economic and Financial Legislation
White Paper No. 18
| May 2014 |
White Papers
|
Law and Finance
| 2014 | EU economic and financial services legislation |
Gellings, Marcel
Langenbucher, Katja
Jungbluth, Kai
| 1398895200 | Policy Paper |
Professor,
|
Reint Gropp | Taxes, Banks and Financial Stability
White Paper No. 6
| Aug 2013 |
White Papers
|
Financial Intermediation
| 2013 | taxes, financial institutions, tax incidence, financial stability, tax revenues, bank incentives |
Gropp, Reint
| 1375308000 | Policy Paper | |
Helmut Gründl | Stellungnahme zum Entwurf eines Gesetzes zur Absicherung stabiler und fairer Leistungen für Lebensversicherte
Policy Letter No. 29
| Jun 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | Lebensversicherungen, Solvency II, Bewertungsreserven, Niedrigzinsphase |
Gründl, Helmut
| 1401573600 | Policy Paper | |
Tobias Tröger | Corporate Groups
SAFE Working Paper No. 66
| Jan 2014 |
Working Papers
|
Law and Finance
| 2014 | Corporate Groups, Related Party Transactions, Tunneling, Corporate Governance, E.U. Corporate Law, Shareholder Rights Directive, Group Interest, Minority Shareholder Protection, Creditor Protection |
Tröger, Tobias
| 1388530800 | SAFE Working Paper |
Professor,
|
Sascha Baghestanian, Paul Gortner, Joël van der Weele | Peer Effects and Risk Sharing in Experimental Asset Markets
SAFE Working Paper No. 67
| Jan 2014 |
Working Papers
|
Household Finance,
Financial Markets,
| 2014 | peer effects, laboratory experiments, risk taking, asset markets |
Gortner, Paul
van der Weele, Joël
Baghestanian, Sascha
| 1388530800 | SAFE Working Paper | |
Tobias Tröger | How Special Are They? – Targeting Systemic Risk by Regulating Shadow Banking
SAFE Working Paper No. 68
| Jan 2014 |
Working Papers
|
Financial Intermediation
| 2014 | shadow banking, regulatory arbitrage, prudential supervision |
Tröger, Tobias
| 1388530800 | SAFE Working Paper |
Professor,
|
Nina Biljanovska, Spyridon Palligkinis | Control Thyself: Self-Control Failure and Household Wealth
SAFE Working Paper No. 69
| Jan 2014 |
Working Papers
|
Household Finance,
Macro Finance
| 2014 | Self-Control, Household Wealth, Household Finance |
Biljanovska, Nina
Palligkinis, Spyridon
| 1388530800 | SAFE Working Paper | |
Deyan Radev | Assessing Systemic Fragility – A Probabilistic Perspective
SAFE Working Paper No. 70
| Jan 2014 |
Working Papers
|
Financial Intermediation
| 2014 | Banking Stability, Financial Distress, Tail Risk, Contagion |
Radev, Deyan
| 1388530800 | SAFE Working Paper | |
Alexander Ludwig, Matthias Schön | Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods
SAFE Working Paper No. 72
| Jan 2014 |
Working Papers
|
Household Finance,
Macro Finance
| 2014 | Dynamic Models, Numerical Solution, Method of Endogenous Gridpoints, Delaunay Interpolation |
Ludwig, Alexander
Schön, Matthias
| 1388530800 | SAFE Working Paper | |
Max Groneck, Alexander Ludwig, Alexander Zimper | A Life-Cycle Model with Ambiguous Survival Beliefs
SAFE Working Paper No. 73
| Jan 2014 |
Working Papers
|
Household Finance,
Macro Finance
| 2014 | Cumulative prospect theory, Choquet expected utility, Dynamic inconsistency, Life-cycle hypothesis, Saving puzzles |
Groneck, Max
Zimper, Alexander
Ludwig, Alexander
| 1388530800 | SAFE Working Paper | |
Günter Franke, Jan Pieter Krahnen, Thomas von Lüpke | Effective Resolution of Banks: Problems and Solutions
White Paper No. 19
| Sep 2014 |
White Papers
|
Financial Intermediation
| 2014 | Bank Recovery and Resolution Directive (BRRD), Single Resolution Mechanism (SRM), Bail-in |
von Lüpke, Thomas
Krahnen, Jan Pieter
Franke, Günter
| 1409522400 | Policy Paper |
Professor,
|
Peter Gomber, Frank Nassauer | Neuordnung der Finanzmärkte in Europa durch MiFID II/MiFIR
White Paper No. 20
| Sep 2014 |
White Papers
|
Financial Markets
| 2014 | MiFID II, MiFIR, Derivatehandel, Hochfrequenzhandel |
Nassauer, Frank
Gomber, Peter
| 1409522400 | Policy Paper | |
Michael Haliassos | National Strategic Framework for Research and Innovation 2014 - 2020
White Paper No. 21
| Sep 2014 |
White Papers
|
Macro Finance
| 2014 | Greece, growth, innovation |
Haliassos, Michael
| 1409522400 | Policy Paper | |
Jan Pieter Krahnen | Keine Institutionenkonkurrenz auf nationaler Ebene schaffen: das „doppelte AIDA“-Modell
Policy Letter No. 30
| Oct 2014 |
Policy Letters
|
Macro Finance
| 2014 | Bankenaufsicht, Bankenabwicklung, Bundesbank, Bafin |
Krahnen, Jan Pieter
| 1412114400 | Policy Paper |
Professor,
|
Martin Götz | Stellungnahme zum Entwurf eines Gesetzes zur Umsetzung der Richtlinie 2014/59/EU (BRRD-Umsetzungsgesetz)
Policy Letter No. 31
| Oct 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | Bankenabwicklung, Restrukturierung, Bail-in, SoFFin |
Götz, Martin
| 1412114400 | Policy Paper | |
Shafik Hebous, Alfons J. Weichenrieder | What Do We Know about the Tax Planning of German-Based Multinational Firms?
White Paper No. 22
| Oct 2014 |
White Papers
|
Macro Finance
| 2014 | taxation, foreign direct investment, multinational firms |
Hebous, Shafik
Weichenrieder, Alfons J.
| 1412114400 | Policy Paper | |
Viral Acharya, Sascha Steffen | Making Sense of the Comprehensive Assessment
Policy Letter No. 32
| Oct 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | Asset Quality Review, Single Supervisy Mechanism, European Central Bankor |
Acharya, Viral
Steffen, Sascha
| 1412114400 | Policy Paper | |
Sascha Steffen | Robustness, Validity, and Significance of the ECB’s Asset Quality Review and Stress Test Exercise
White Paper No. 23
| Nov 2014 |
White Papers
|
Financial Intermediation
| 2014 | Stress Test, Comprehensive Assessment, Asset Quality Review, European Central Bank, European Banking Authority, Single Supervisory Mechanism |
Steffen, Sascha
| 1414796400 | Policy Paper | |
Nicole Branger, Patrick Konermann, Christoph Meinerding, Christian Schlag | Equilibrium Asset Pricing in Directed Networks
SAFE Working Paper No. 74
| Jan 2014 |
Working Papers
|
Financial Markets,
| 2014 | Dynamic Networks, Mutually Exciting Processes, Asset Pricing, General Equilibrium, Recursive Preferences |
Konermann, Patrick
Meinerding, Christoph
Schlag, Christian
Branger, Nicole
| 1388530800 | SAFE Working Paper |
Professor,
|
Magdalena Ignatowski, Josef Korte | Resolution Threats and Bank Discipline – What Europe Can Learn for the Single Resolution Mechanism from U.S. Experience
Policy Letter No. 33
| Nov 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | risk-taking, bank resolution regimes, USA, Europe |
Korte, Josef
Ignatowski, Magdalena
| 1414796400 | Policy Paper | |
Craig Lewis, Christian Schlag | What Does U.S. Money Market Mutual Fund Reform Portend for the European Union?
White Paper No. 24
| Oct 2014 |
White Papers
|
Financial Markets
| 2014 | money market funds, liquidity runs, floating net asset value (FNAV) |
Schlag, Christian
Lewis, Craig
| 1412114400 | Policy Paper |
Professor,
|
Markus Behn, Rainer Haselmann, Vikrant Vig | The Limits of Model-Based Regulation
SAFE Working Paper No. 75
| Jan 2014 |
Working Papers
|
Financial Intermediation
| 2014 | capital regulation, internal ratings, Basel regulation |
Behn, Markus
Vig, Vikrant
Haselmann, Rainer
| 1388530800 | SAFE Working Paper | |
Iñaki Aldasoro, Ester Faia | The Fiscal Compact and Government Debt: One Law, Multiple Statistics
Policy Letter No. 22
| Mar 2014 |
Policy Letters
|
Macro Finance
| 2014 | government debt, statistics, Fiscal Compact |
Aldasoro, Iñaki
Faia, Ester
| 1393628400 | Policy Paper | |
Jan Pieter Krahnen | Bail-In jetzt richtig umsetzen
Policy Letter No. 34
| Nov 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | total loss absorbing capacity (TLAC), nachrangiges Fremdkapital, too big to fail, bail-in |
Krahnen, Jan Pieter
| 1414796400 | Policy Paper |
Professor,
|
Jan Pieter Krahnen | Implementing Bail-In Properly
Policy Letter No. 35
| Nov 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | total loss absorbing capacity (TLAC), too big to fail, bail-in |
Krahnen, Jan Pieter
| 1414796400 | Policy Paper |
Professor,
|
Alfons J. Weichenrieder | PPPs: Umgehung von Defizitregeln oder höhere Effizienz im Staatssektor?
Policy Letter No. 36
| Nov 2014 |
Policy Letters
|
Macro Finance
| 2014 | Schuldenbremse, Defizitregeln, Private Public Partnership (PPP) |
Weichenrieder, Alfons J.
| 1414796400 | Policy Paper | |
Benjamin Born, Gernot J. Müller, Johannes Pfeifer | Does Austerity Pay Off?
SAFE Working Paper No. 77
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | Fiscal policy, austerity, sovereign risk, yield spreads, confidence, panel VAR, local projections, fiscal stress |
Born, Benjamin
Müller, Gernot J.
Pfeifer, Johannes
| 1388530800 | SAFE Working Paper | |
Harris Dellas, Dirk Niepelt | Austerity
SAFE Working Paper No. 78
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | Austerity, credit rationing, default, incomplete information, investment, growth, pooling equilibrium, separating equilibrium |
Niepelt, Dirk
Dellas, Harris
| 1388530800 | SAFE Working Paper | |
Òscar Jordà, Alan M. Taylor | The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy
SAFE Working Paper No. 79
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | fiscal multipliers, booms, slumps, output fluctuations, allocation bias, matching, Rubin Causal Model, average treatment effect, propensity score, inverse probability weighting, regression adjustment, local projection, identification |
Taylor, Alan M.
Jordà, Òscar
| 1388530800 | SAFE Working Paper | |
Enrique G. Mendoza, Linda L. Tesar, Jing Zhang | Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies
SAFE Working Paper No. 80
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | European debt crisis, tax competition, capacity utilization, fiscal austerity |
Zhang, Jing
Mendoza, Enrique G.
Tesar, Linda L.
| 1388530800 | SAFE Working Paper | |
Jens-Hinrich Binder | Resolution Planning and Structural Bank Reform within the Banking Union
SAFE Working Paper No. 81
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | Bank Resolution, Resolution Planning, Living Wills, Structural Bank Reform, Banking Union |
Binder, Jens-Hinrich
| 1420066800 | SAFE Working Paper | |
Patrick Grüning | International Endogenous Growth, Macro Anomalies, and Asset Prices
SAFE Working Paper No. 83
| Jan 2015 |
Working Papers
|
Financial Markets
| 2015 | Innovation, Product Market Competition, Endogenous Growth, Long-run Risk, International Finance |
Grüning, Patrick
| 1420066800 | SAFE Working Paper | |
Alfons J. Weichenrieder | Austerity and Growth – Concepts for Europe
SAFE Policy Letter Collection No. 1, 2015
| Feb 2015 |
Policy Letters
|
Macro Finance
| 2015 | Fiscal Consolidation, Sovereign Debt, Growth |
Weichenrieder, Alfons J.
| 1422745200 | Policy Paper | |
Matthias Thiemann | The Regulation of Repo Markets: Incorporating Public Interest through a Stronger Role of Civil Society
White Paper No. 25
| Feb 2015 |
White Papers
|
Financial Markets
| 2015 | Repo Markets, Shadow Banking, Non-governmental Organizations |
Thiemann, Matthias
| 1422745200 | Policy Paper | |
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek | Will They Take the Money and Work? An Empirical Analysis of People’s Willingness to Delay Claiming Social Security Benefits for a Lump Sum
SAFE Working Paper No. 84
| Jan 2015 |
Working Papers
|
Household Finance
| 2015 | Annuity, lump sum, Social Security, delayed retirement, lifetime income, pension |
Schimetschek, Tatjana
Maurer, Raimond
Rogalla, Ralph
Mitchell, Olivia S.
| 1420066800 | SAFE Working Paper | |
Volker Wieland, Maik Wolters | Zwei Makrooekonomen gewinnen den Nobelpreis
Policy Letter No. 04, 2012
| Feb 2012 |
Policy Letters
|
Macro Finance
| 2012 | makroökonomische Konjunkturforschung, vektorautoregressive Modelle, monetäre Makroökonomik |
Wolters, Maik
Wieland, Volker
| 1328050800 | Policy Paper | |
Volker Wieland, Maik Wolters | Macroeconomic Model Comparisons and Forecast Competition
Policy Letter No. 03, 2012
| Feb 2012 |
Policy Letters
|
Macro Finance
| 2012 | macroeconomic models, financial models, forecasting |
Wolters, Maik
Wieland, Volker
| 1328050800 | Policy Paper | |
Helmut Siekmann, Volker Wieland | Schlechte Erfahrungen
Policy Letter No. 02, 2012
| Feb 2012 |
Policy Letters
|
Financial Intermediation
| 2012 | Finanztransaktionssteuer, Bankenaufsicht |
Siekmann, Helmut
Wieland, Volker
| 1328050800 | Policy Paper | |
Helmut Siekmann, Patrick Tuschl | Constitutional Ruling on Court of Auditors’ Review of Banks
Policy Letter No. 01, 2012
| Feb 2012 |
Policy Letters
|
Law and Finance
| 2012 | fiscal responsibility, control by Court of Auditors |
Tuschl, Patrick
Siekmann, Helmut
| 1328050800 | Policy Paper | |
Helmut Gründl | Stellungnahme zum Gesetzentwurf der Bundesregierung: Finanzkonglomerate-Aufsichtsgesetz
Policy Letter No. 7
| Apr 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Finanzkonglomerate; Eigenmittelanforderungen; Aufsichtsbehörde; BaFin; Bundesbank |
Gründl, Helmut
| 1364767200 | Policy Paper | |
Athanasios Orphanides | What Happened in Cyprus
Policy Letter No. 6
| Apr 2013 |
Policy Letters
|
Macro Finance
| 2013 | financial crisis, troika, Cyprus |
Orphanides, Athanasios
| 1364767200 | Policy Paper | |
Hans-Joachim Böcking, Marius Gros, Daniel Worret | Stellungnahme zu aktuellen Formulierungsvorschlägen für Änderungen am Deutschen Corporate Governance Kodex
Policy Letter No. 5
| Mar 2013 |
Policy Letters
|
Law and Finance
| 2013 | Deutscher Corporate Governance Kodex, Financial Expert, Prüfungsausschuss, Vorstandsvergütung, Aufsichtsratsvergütung |
Böcking, Hans-Joachim
Worret, Daniel
Gros, Marius
| 1362092400 | Policy Paper | |
Jan Pieter Krahnen, Thomas Mayer | Managementvergütung im Bankensektor
Policy Letter No. 4
| Feb 2013 |
Policy Letters
|
Law and Finance
| 2013 | Boni, Bail-in Anleihen, Liikanen-Kommission |
Mayer, Thomas
Krahnen, Jan Pieter
| 1359673200 | Policy Paper |
Professor,
|
Andreas Hackethal, Jan Pieter Krahnen | Kommentierung des “Entwurf eines Gesetzes zur Abschirmung von Risiken und zur Planung der Sanierung and Abwicklung von Kreditinstituten und Finanzgruppen”
Policy Letter No. 3
| Feb 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Handelsgeschäft, Einlagengeschäft, Risiko |
Krahnen, Jan Pieter
Hackethal, Andreas
| 1359673200 | Policy Paper |
Professor,
Professor,
|
Helmut Gründl | Beteiligung der Versicherungsnehmer an den Bewertungsreserven in der Lebensversicherung
Policy Letter No. 2
| Feb 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Lebensversicherungen, Garantiezins, Bewertungsreserven |
Gründl, Helmut
| 1359673200 | Policy Paper | |
Michael Haliassos | Salary Cuts and Competitiveness
Policy Letter No. 1
| Jan 2013 |
Policy Letters
|
Macro Finance
| 2013 | Greek economic crisis, productivity, structural reforms |
Haliassos, Michael
| 1356994800 | Policy Paper | |
Theodor Baums | Die gerichtliche Kontrolle von Beschlüssen der Gläubigerversammlung
White Paper No. 7, 2008
| Sep 2008 |
White Papers
|
Law and Finance
| 2008 | Gläubigerversammlung |
Baums, Theodor
| 1220220000 | Policy Paper | |
Theodor Baums | Zur monistischen Verfassung der deutschen Aktiengesellschaft. Überlegungen de lege ferenda
White Paper No. 6, 2008
| Jul 2008 |
White Papers
|
Law and Finance
| 2008 | Corporate Governance, Unternehmensverfassung |
Baums, Theodor
| 1214863200 | Policy Paper | |
Theodor Baums, Florian Drinhausen | Zur Anfechtung von Hauptversammlungsbeschlüssen - rechtspolitische Vorschläge
White Paper No. 5, 2008
| May 2008 |
White Papers
|
Law and Finance
| 2008 | Anfechtungsklage |
Drinhausen, Florian
Baums, Theodor
| 1209592800 | Policy Paper | |
Katrin Assenmacher-Wesche, Stefan Gerlach | Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy and Asset Prices
White Paper No. 4, 2008
| Mar 2008 |
White Papers
|
Macro Finance
| 2008 | asset prices, monetary policy, panel VAR |
Assenmacher-Wesche, Katrin
Gerlach, Stefan
| 1204326000 | Policy Paper | |
Jan Pieter Krahnen | Stellungnahme zum Referentenentwurf "Risikobegrenzungsgesetz"
White Paper No. 2, 2008
| Feb 2008 |
White Papers
|
Law and Finance
| 2008 | Corporate Governance, Finanzinnovationen |
Krahnen, Jan Pieter
| 1201820400 | Policy Paper |
Professor,
|
Theodor Baums | Europäische Modellgesetze im Gesellschaftsrecht
White Paper No. 1, 2008
| Jan 2008 |
White Papers
|
Law and Finance
| 2008 | Modellgesellschaftsgesetze |
Baums, Theodor
| 1199142000 | Policy Paper | |
Theodor Baums | Zur Deregulierung des Depotstimmrechts
White Paper No. 2, 2007
| Sep 2007 |
White Papers
|
Law and Finance
| 2007 | Depotstimmrecht |
Baums, Theodor
| 1188597600 | Policy Paper | |
Theodor Baums | The Law of Corporate Finance in Europe - an Essay
White Paper No. 1, 2007
| Jun 2007 |
White Papers
|
Law and Finance
| 2007 | corporate finance |
Baums, Theodor
| 1180648800 | Policy Paper | |
Jan Pieter Krahnen, Theodor Weimer | Die Auswirkungen von Regulierung auf Bankverhalten und Wettbewerb
Policy Letter No. 12
| Jun 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Bail-in Anleihen, Banken, Regulierung, Liikanen-Kommission |
Weimer, Theodor
Krahnen, Jan Pieter
| 1370037600 | Policy Paper |
Professor,
|
Roman Beck, Wolfgang König, Immanuel Pahlke, Martin Wolf | Mindfully Resisting the Bandwagon – IT Implementation and Its Consequences in the Financial Crisis
Policy Letter No. 10
| May 2013 |
Policy Letters
|
Financial Markets
| 2013 | IT innovations, financial services |
König, Wolfgang
Pahlke, Immanuel
Beck, Roman
Wolf, Martin
| 1367359200 | Policy Paper | |
Jens Gal, Helmut Gründl | Own Risk and Solvency Assessment Within the Solvency II Framework and its Interplay with the Quantitative Solvency Capital Requirements
Policy Letter No. 11
| May 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Insurance, Solvency II, Own Risk and Solvency Assessment |
Gal, Jens
Gründl, Helmut
| 1367359200 | Policy Paper | |
Helmut Siekmann, Volker Wieland | The European Central Bank’s Outright Monetary Transactions and the Federal Constitutional Court of Germany
White Paper No. 4
| Jun 2013 |
White Papers
|
Macro Finance
| 2013 | ECB, OMT, monetary policy, fiscal policy |
Siekmann, Helmut
Wieland, Volker
| 1370037600 | Policy Paper | |
Dilek Bülbül, Reinhard H. Schmidt, Ulrich Schüwer | Savings Banks and Cooperative Banks in Europe
White Paper No. 5
| Aug 2013 |
White Papers
|
Financial Intermediation
| 2013 | national systems of local banks, bank competition, performance indicators |
Bülbül, Dilek
Schmidt, Reinhard H.
Schüwer, Ulrich
| 1375308000 | Policy Paper | |
Elke König | Gesprächsreihe zu Strukturreformen im europäischen Bankensektor: Wiederherstellung privater Haftung und die zukünftige Rolle der Aufsicht
Policy Letter No. 13
| Sep 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Bail-in Anleihen, Banken, Aufsicht, Liikanen-Kommission |
König, Elke
| 1377986400 | Policy Paper | |
Otmar Issing | Challenges for Monetary Policy
White Paper No. 7
| Sep 2013 |
White Papers
|
Macro Finance
| 2013 | ECB, OMT, central banking |
Issing, Otmar
| 1377986400 | Policy Paper | |
Jan Pieter Krahnen | Rettung durch Regulierung? Eckpunkte des Liikanen-Berichts
White Paper No. 8
| Oct 2013 |
White Papers
|
Financial Intermediation
| 2013 | Liikanen-Kommission, Bail-in, Trennbanken, Bankenunion |
Krahnen, Jan Pieter
| 1380578400 | Policy Paper |
Professor,
|
Tobias Tröger | Der einheitliche Abwicklungsmechanismus – Europäisches Allheilmittel oder weiße Salbe?
Policy Letter No. 14
| Sep 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Bankenunion, SRM, Abwicklungsinstrumente, Bail-in |
Tröger, Tobias
| 1377986400 | Policy Paper |
Professor,
|
Hans-Joachim Böcking, Marius Gros, Daniel Worret | Commentary on ESMA Guidelines on Enforcement of Financial Information
Policy Letter No. 15
| Oct 2013 |
Policy Letters
|
Law and Finance
| 2013 | Enforcement, ESMA, financial reporting quality, restatements |
Böcking, Hans-Joachim
Worret, Daniel
Gros, Marius
| 1380578400 | Policy Paper | |
Jan Pieter Krahnen | Rescue by Regulation? Key Points of the Liikanen Report
White Paper No. 9
| Oct 2013 |
White Papers
|
Financial Intermediation
| 2013 | Liikanen Commission, Bail-in, Banking Separation, Banking Union |
Krahnen, Jan Pieter
| 1380578400 | Policy Paper |
Professor,
|
Jan Pieter Krahnen | Designing the Funding Side of the Single Resolution Mechanism (SRM): A Proposal for a Layered Scheme with Limited joint Liability
White Paper No. 10
| Dec 2013 |
White Papers
|
Financial Intermediation
| 2013 | Banking Union, Single Resolution Mechanism |
Krahnen, Jan Pieter
| 1385852400 | Policy Paper |
Professor,
|
Jan Pieter Krahnen | A Big Bang for Banking in Europe
Policy Letter No. 16
| Dec 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | comprehensive assessment, banking supervision, euro area |
Krahnen, Jan Pieter
| 1385852400 | Policy Paper |
Professor,
|
Peter Gomber, Martin Haferkorn, Kai Zimmermann | Securities Transaction Tax in France: Impact on Market Quality and Inter-Market Price Coordination
White Paper No. 11
| Jan 2014 |
White Papers
|
Financial Intermediation
| 2014 | financial transaction tax, market fragmentation, speculative trading, market quality |
Haferkorn, Martin
Zimmermann, Kai
Gomber, Peter
| 1388530800 | Policy Paper | |
Jan Pieter Krahnen | Finanzmärkte: Mut zu radikaler Ordnungspolitik
Policy Letter No. 17
| Dec 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Finanzkrise, Bankenunion, Regulierung, Ordnungspolitik |
Krahnen, Jan Pieter
| 1385852400 | Policy Paper |
Professor,
|
Ester Faia | Surveillance of peer to peer payment systems and peer to peer lending platforms
Policy Letter No. 18
| Feb 2014 |
Policy Letters
|
Financial Intermediation
| 2014 | financial innovation, peer to peer payment systems, Bitcoin, regulation |
Faia, Ester
| 1391209200 | Policy Paper | |
Ester Faia | Politically Acceptable Debt Restructuring in the Euro Zone: Is it Really Better than the Redemption Fund?
Policy Letter No. 19
| Feb 2014 |
Policy Letters
|
Macro Finance
| 2014 | public debt, debt restructuring |
Faia, Ester
| 1391209200 | Policy Paper | |
Alfons J. Weichenrieder | Energiewende, Butterberge und das Kiwi-in-Grönland-Problem
Policy Letter No. 20
| Feb 2014 |
Policy Letters
|
Macro Finance
| 2014 | Erneuerbare-Energien-Gesetz, Energiewende, Steuergelder |
Weichenrieder, Alfons J.
| 1391209200 | Policy Paper | |
Otmar Issing, Jan Pieter Krahnen | Transcript of a Hearing before Members of the House of Lords (UK) in Frankfurt on Genuine Economic and Monetary Union and its Implication for the UK
Policy Letter No. 21
| Mar 2014 |
Policy Letters
|
Macro Finance
| 2014 | Monetary Union, European Central Bank, Outright Monetary Transactions, UK |
Issing, Otmar
Krahnen, Jan Pieter
| 1393628400 | Policy Paper |
Professor,
|
Otmar Issing, Jan Pieter Krahnen, Klaus Regling, William White | Recommendations by the Issing Commission – Memo for the G-20 November 2011 Summit in Cannes
White Paper No. 04, 2012
| Feb 2012 |
White Papers
|
Financial Intermediation
| 2012 | shadow banking, systemic risk analysis, regulatory arbitrage |
Regling, Klaus
Issing, Otmar
White, William
Krahnen, Jan Pieter
| 1328050800 | Policy Paper |
Professor,
|
Helmut Siekmann | Stellungnahme zum Entwurf eines Zweiten Gesetzes zur Umsetzung eines Maßnahmenpakets zur Stabilisierung des Finanzmarktes
White Paper No. 03, 2012
| Feb 2012 |
White Papers
|
Financial Intermediation
| 2012 | Finanzmarktrecht, BaFin, FMSA |
Siekmann, Helmut
| 1328050800 | Policy Paper | |
Volker Wieland | Next Hike End of 2014: FOMC Matches Historical Responses to Member’s Forecasts and Risks Repeating Earlier Mistakes
White Paper No. 02, 2012
| Feb 2012 |
White Papers
|
Macro Finance
| 2012 | federal funds rate, interest rates, inflation forecasts |
Wieland, Volker
| 1328050800 | Policy Paper | |
Theodor Baums, Roland Schmidtbleicher | Neues Schuldverschreibungsrecht und Altanleihen
White Paper No. 01, 2012
| Jan 2012 |
White Papers
|
Law and Finance
| 2012 | Collective Action Clauses, Anleihen, Umstrukturierung |
Schmidtbleicher, Roland
Baums, Theodor
| 1325372400 | Policy Paper | |
Hans-Joachim Böcking, Marius Gros, Christoph Wallek, Daniel Worret | Das 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
| Nov 2011 |
White Papers
|
Law and Finance
| 2011 | Abschlussprüfung, Finanzkrise, EU Grünbuch, Konsultationsprozess |
Böcking, Hans-Joachim
Worret, Daniel
Wallek, Christoph
Gros, Marius
| 1320102000 | Policy Paper | |
| Analysis of the EU Consultation on the Green Paper “Audit Policy: Lessons from the Crisis”
White Paper No. 11, 2011
| Nov 2011 |
White Papers
|
Law and Finance
| 2011 | Audit Policy, Financial Crisis, EU Green Paper, Consultation Process | | 1320102000 | Policy Paper | |
Stefan Gerlach | Can Monetary Policy Really be Used to Stabilise Asset Prices?
Policy Letter No. 1, 2008
| Mar 2008 |
Policy Letters
|
Macro Finance
| 2008 | monetary policy, asset prices |
Gerlach, Stefan
| 1204326000 | Policy Paper | |
Volker Wieland | Eurozone Stimulus: A Myth, Some Facts, and Estimates
Policy Letter No. 2, 2009
| Sep 2009 |
Policy Letters
|
Macro Finance
| 2009 | fiscal stimulus packages |
Wieland, Volker
| 1251756000 | Policy Paper | |
Theodor Baums, Florian Drinhausen, Astrid Keinath | Anfechtungsklagen und Freigabeverfahren. Eine empirische Studie
White Paper No. 10, 2011
| Nov 2011 |
White Papers
|
Law and Finance
| 2011 | Aktionärsrechte, Berufskläger, Anlegerschutz |
Baums, Theodor
Drinhausen, Florian
Keinath, Astrid
| 1320102000 | Policy Paper | |
Volker Wieland | "Neue" Regeln für die Notenbanken?
Policy Letter No. 1, 2009
| May 2009 |
Policy Letters
|
Macro Finance
| 2009 | Geldpolitik, Taylor-Regel |
Wieland, Volker
| 1241128800 | Policy Paper | |
Helmut Siekmann | Law and Economics of the Monetary Union
White Paper No. 9, 2011
| Sep 2011 |
White Papers
|
Macro Finance
| 2011 | Euro, sovereign debt crisis, legal foundations |
Siekmann, Helmut
| 1314828000 | Policy Paper | |
Helmut Siekmann | Das neue System der Europäischen Finanzmarktaufsicht
White Paper No. 8, 2011
| Sep 2011 |
White Papers
|
Financial Intermediation
| 2011 | Regulierung, Finanzaufsicht, Systemrisiken |
Siekmann, Helmut
| 1314828000 | Policy Paper | |
Hans-Helmut Kotz, Jan Pieter Krahnen, Christian Leuz, Helmut Siekmann | Eurobonds zur Bewältigung der europäischen Krise? Wegweisung zu einer modernen Entwicklungsunion
White Paper No. 7, 2011
| Sep 2011 |
White Papers
|
Macro Finance
| 2011 | Eurobonds, Staatsschuldenkrise, Europäische Union |
Krahnen, Jan Pieter
Leuz, Christian
Kotz, Hans-Helmut
Siekmann, Helmut
| 1314828000 | Policy Paper |
Professor,
|
Hans-Joachim Böcking, Marius Gros | Comment on the European Commission's Green Paper "Audit Policy: Lessons from the Crisis"
Policy Letter No. 16, 2010
| Dec 2010 |
Policy Letters
|
Law and Finance
| 2010 | audit quality, expectation gap, regulation |
Böcking, Hans-Joachim
Gros, Marius
| 1291158000 | Policy Paper | |
Heinz Hilgert, Jan Pieter Krahnen, Günther Merl, Helmut Siekmann | On a Fundamental Reorganisation of the Landesbanks and Savings Banks Sector in Germany
White Paper No. 2, 2011
| Mar 2011 |
White Papers
|
Financial Intermediation
| 2011 | Landesbanks and savings banks sector; public law financial system |
Hilgert, Heinz
Merl, Günther
Krahnen, Jan Pieter
Siekmann, Helmut
| 1298934000 | Policy Paper |
Professor,
|
Stefan Gerlach | Strengthening the Institutional Underpinnings of the Euro
Policy Letter No. 14, 2010
| Oct 2010 |
Policy Letters
|
Macro Finance
| 2010 | Stability and Growth Pact, fiscal policy, public debt |
Gerlach, Stefan
| 1285884000 | Policy Paper | |
Theodor Baums | Unternehmen und Ethik
Policy Letter No. 13, 2010
| Oct 2010 |
Policy Letters
|
Law and Finance
| 2010 | Rechtsnormen, ethische Normen, Wirtschaftsverfassung |
Baums, Theodor
| 1285884000 | Policy Paper | |
Heinz Hilgert, Jan Pieter Krahnen, Günther Merl, Helmut Siekmann | Streitschrift für eine grundlegende Neuordnung des Sparkassen- und Landesbankensektors in Deutschland
White Paper No. 1, 2011
| Feb 2011 |
White Papers
|
Financial Intermediation
| 2011 | Sparkassen- und Landesbankensektor, öffentlich rechtlicher Finanzsektor |
Merl, Günther
Hilgert, Heinz
Krahnen, Jan Pieter
Siekmann, Helmut
| 1296514800 | Policy Paper |
Professor,
|
Hermann Remsperger | Basel III: Unvollendet, aber nicht allein
Policy Letter No. 12, 2010
| Oct 2010 |
Policy Letters
|
Financial Intermediation
| 2010 | Basel III, Eigenkapital, Finanzkrise, Insolvenzordnung |
Remsperger, Hermann
| 1285884000 | Policy Paper | |
Stefan Gerlach, Peter Tillmann | Inflation Targeting Matters in Asia
Policy Letter No. 11, 2010
| Oct 2010 |
Policy Letters
|
Macro Finance
| 2010 | inflation targeting |
Gerlach, Stefan
Tillmann, Peter
| 1285884000 | Policy Paper | |
Stefan Gerlach, Peter Tillmann | Inflation Targeting: In Asien besonders erfolgreich
Policy Letter No. 10, 2010
| Oct 2010 |
Policy Letters
|
Macro Finance
| 2010 | inflation targeting |
Tillmann, Peter
Gerlach, Stefan
| 1285884000 | Policy Paper | |
Stefan Gerlach | Makroprudentielle Politik zur Stabilisierung der Finanzmärkte
Policy Letter No. 9, 2010
| Aug 2010 |
Policy Letters
|
Macro Finance
| 2010 | makroprudentielle Instrumente, Regulierung |
Gerlach, Stefan
| 1280613600 | Policy Paper | |
Volker Wieland | Liquidity Management and the Reform of the International Monetary System
White Paper No. 4, 2011
| May 2011 |
White Papers
|
Macro Finance
| 2011 | international monetary system, reserve currencies, liquidity |
Wieland, Volker
| 1304200800 | Policy Paper | |
Björn Arndt, Peter Gomber, Marco Lutat, Tim Uhle | High Frequency Trading
White Paper No. 3, 2011
| Apr 2011 |
White Papers
|
Financial Markets
| 2011 | algorithmic trading, high-frequency trading, regulation |
Uhle, Tim
Arndt, Björn
Lutat, Marco
Gomber, Peter
| 1301608800 | Policy Paper | |
Theodor Baums | Report of the Reflection Group on the Future of EU Company Law
White Paper No. 5, 2011
| May 2011 |
White Papers
|
Law and Finance
| 2011 | EU-harmonization, corporate governance, regulation, cross-border mobility |
Baums, Theodor
| 1304200800 | Policy Paper | |
Michael Haliassos, Dimitri Vayanos | Getting Greece Back on Track: How?
White Paper No. 6, 2011
| Jun 2011 |
White Papers
|
Macro Finance
| 2011 | financial crisis, structural reforms, productivity |
Vayanos, Dimitri
Haliassos, Michael
| 1306879200 | Policy Paper | |
Stefan Gerlach | A Credible Stability and Growth Pact: Raising the Bar for Budgetary Transparency
Policy Letter No. 5, 2010
| Jan 2010 |
Policy Letters
|
Macro Finance
| 2010 | public debt, ECB |
Gerlach, Stefan
| 1262300400 | Policy Paper | |
Volker Wieland | How to be a good European...
Policy Letter No. 4, 2010
| May 2010 |
Policy Letters
|
Macro Finance
| 2010 | Schuldenkrise |
Wieland, Volker
| 1272664800 | Policy Paper | |
Stefan Gerlach | G20 and Macroprudential Policy
Policy Letter No. 3, 2010
| Apr 2010 |
Policy Letters
|
Macro Finance
| 2010 | At the upcoming G20 meetings the issue what can be done to avoid a repetition of the current deep financial crisis will again be debated. Much attention and criticism will be directed to central banks. That is unavoidable: central banks must never again p |
Gerlach, Stefan
| 1270072800 | Policy Paper | |
Stefan Gerlach | EU Economic Governance
White Paper No. 26, 2010
| Dec 2010 |
White Papers
|
Macro Finance
| 2010 | Stability and Growth Pact, Excessive Imbalance Procedure, national fiscal frameworks |
Gerlach, Stefan
| 1291158000 | Policy Paper | |
Volker Wieland | The Fiscal Stimulus Debate "Bone-Headed" and "Neanderthal"?
Policy Letter No. 3, 2009
| Mar 2009 |
Policy Letters
|
Macro Finance
| 2009 | fiscal policy, new Keynesian macroeconomic models |
Wieland, Volker
| 1235862000 | Policy Paper | |
Stefan Gerlach, Emilie Yoo | Zur Stärkung der Deutschen Bundesbank
Policy Letter No. 1, 2010
| Mar 2010 |
Policy Letters
|
Macro Finance
| 2010 | Die zum Ende April 2010 frei werdenden zwei Vorstandsposten in der Deutschen Bundesbank haben bereits Anfang des Jahres eine lebhafte Debatte über mögliche Kandidaten ausgelöst. Die Diskussion über eine weitaus wesentlichere Frage, nämlich welche fachlich |
Gerlach, Stefan
Yoo, Emilie
| 1267398000 | Policy Paper | |
Peter Gomber, Markus Gsell, Marco Lutat | Competition Among Electronic Markets and Market Quality
White Paper No. 25, 2010
| Dec 2010 |
White Papers
|
Financial Markets
| 2010 | MiFID, market fragmentation,liquidity |
Gsell, Markus
Lutat, Marco
Gomber, Peter
| 1291158000 | Policy Paper | |
Theodor Baums | Low Balling, Creeping In und deutsches Übernahmerecht
White Paper No. 24, 2010
| Nov 2010 |
White Papers
|
Law and Finance
| 2010 | feindliche Übernahme, Hauptversammlungsmehrheit, Meldepflichten |
Baums, Theodor
| 1288566000 | Policy Paper | |
Otmar Issing, Jan Pieter Krahnen, Klaus Regling, William White | Recommendations by the Issing Commission - Memo for the G-20 Summit in Seoul
White Paper No. 23, 2010
| Nov 2010 |
White Papers
|
Financial Intermediation
| 2010 | Basel III, systemic risk, liquidity support |
Regling, Klaus
White, William
Issing, Otmar
Krahnen, Jan Pieter
| 1288566000 | Policy Paper |
Professor,
|
Peter Gomber, Axel Pierron | MiFID - Spirit and Reality of a European Financial Markets Directive
White Paper No. 22, 2010
| Nov 2010 |
White Papers
|
Financial Markets
| 2010 | MiFID, regulation, securities trading |
Pierron, Axel
Gomber, Peter
| 1288566000 | Policy Paper | |
Stefan Gerlach | Asset Prices and Monetary Policy: Some Skeptical Observations
White Paper No. 9, 2009
| Oct 2009 |
White Papers
|
Macro Finance
| 2009 | monetary policy, macroecomomic fluctuations, regulation |
Gerlach, Stefan
| 1254348000 | Policy Paper | |
Jan Pieter Krahnen, Helmut Siekmann | Stellungnahme zum "Restrukturierungsgesetz"
White Paper No. 20, 2010
| Oct 2010 |
White Papers
|
Financial Intermediation
| 2010 | Systemisches Risiko, Restruktuierung, Abwicklung |
Krahnen, Jan Pieter
Siekmann, Helmut
| 1285884000 | Policy Paper |
Professor,
|
Stefan Gerlach, Alexander Schulz, Guntram B. Wolff | Banking and Sovereign Risk in the Euro Area
White Paper No. 19, 2010
| Sep 2010 |
White Papers
|
Macro Finance
| 2010 | sovereign bond markets, banking, liquidity, EMU |
Wolff, Guntram B.
Schulz, Alexander
Gerlach, Stefan
| 1283292000 | Policy Paper | |
Theodor Baums | Managerhaftung und Verjährungsfrist
White Paper No. 17, 2010
| Aug 2010 |
White Papers
|
Law and Finance
| 2010 | Organhaftungsregeln, Verjährungsfristen |
Baums, Theodor
| 1280613600 | Policy Paper | |
Helmut Siekmann | Die Finanzmarktaufsicht in der Krise
White Paper No. 16, 2010
| Aug 2010 |
White Papers
|
Financial Intermediation
| 2010 | Finanzmarktaufsicht, Ratingagenturen, Abwicklung |
Siekmann, Helmut
| 1280613600 | Policy Paper | |
Helmut Siekmann | Ursachen, Auswirkungen und Lehren der Finanzkrise: Eine systematische Bestandsaufnahme
White Paper No. 15, 2010
| Jul 2010 |
White Papers
|
Financial Intermediation
| 2010 | Systemisches Risiko, Finanzaufsicht |
Siekmann, Helmut
| 1277935200 | Policy Paper | |
Otmar Issing, Jan Pieter Krahnen | Criteria for a Workable Approach Towards Bank Levies and Bank Restructuring
White Paper No. 14, 2010
| Jun 2010 |
White Papers
|
Financial Intermediation
| 2010 | systemic risk, bank resolution |
Issing, Otmar
Krahnen, Jan Pieter
| 1275343200 | Policy Paper |
Professor,
|
Stefan Gerlach | The Greek Sovereign Debt Crisis and ECB Policy
White Paper No. 12, 2010
| Jun 2010 |
White Papers
|
Macro Finance
| 2010 | public debt, ECB |
Gerlach, Stefan
| 1275343200 | Policy Paper | |
Stefan Gerlach | Are the Golden Years of Central Banking Over? Monetary Policy after the Crisis
White Paper No. 10, 2010
| Jun 2010 |
White Papers
|
Macro Finance
| 2010 | monetary policy, public debt, central banks |
Gerlach, Stefan
| 1275343200 | Policy Paper | |
Theodor Baums | Risiko und Risikosteuerung im Aktienrecht
White Paper No. 9, 2010
| Jul 2010 |
White Papers
|
Law and Finance
| 2010 | Risikomanagement, Vorstandspflichten |
Baums, Theodor
| 1277935200 | Policy Paper | |
Günter Franke, Jan Pieter Krahnen | Die Rolle von Anreizen für die Zukunfts der Kreditverbriefung
White Paper No. 5, 2009
| Apr 2009 |
White Papers
|
Financial Intermediation
| 2009 | Kreditverbriefung, Agency Theorie, Vergütungssysteme |
Krahnen, Jan Pieter
Franke, Günter
| 1238536800 | Policy Paper |
Professor,
|
Stefan Gerlach | The Risk of Deflation
White Paper No. 4, 2009
| Apr 2009 |
White Papers
|
Macro Finance
| 2009 | deflation, monetary policy, fiscal policy |
Gerlach, Stefan
| 1238536800 | Policy Paper | |
Stefan Gerlach | Future Development of Global Imbalances
White Paper No. 4, 2010
| Mar 2010 |
White Papers
|
Macro Finance
| 2010 | current account balances, international monetary system, G20 |
Gerlach, Stefan
| 1267398000 | Policy Paper | |
Jan Pieter Krahnen, Helmut Siekmann | Rescue Strategy Without Moral Hazard – An Attempt to Provide a Master Plan for Avoiding Banking Crises
White Paper No. 3, 2010
| Feb 2010 |
White Papers
|
Financial Intermediation
| 2010 | systemic risk, banking hospital |
Krahnen, Jan Pieter
Siekmann, Helmut
| 1264978800 | Policy Paper |
Professor,
|
Jan Pieter Krahnen, Helmut Siekmann | Rettungsstrategie ohne Moral Hazard – Versuch eines Gesamtkonzepts zur Bankkrisenvermeidung
White Paper No. 2, 2010
| Feb 2010 |
White Papers
|
Financial Intermediation
| 2010 | Systemisches Risiko, Bankenhospital |
Krahnen, Jan Pieter
Siekmann, Helmut
| 1264978800 | Policy Paper |
Professor,
|
Theodor Baums | Die Unabhängigkeit des Vergütungsberaters
White Paper No. 1, 2010
| Jan 2010 |
White Papers
|
Law and Finance
| 2010 | Corporate Governance-Kodex, Vergütungsberater |
Baums, Theodor
| 1262300400 | Policy Paper | |
Stefan Gerlach | Defining and Measuring Systemic Risk
White Paper No. 8, 2009
| Nov 2009 |
White Papers
|
Financial Intermediation
| 2009 | systemic risk, statistical risk measurement |
Gerlach, Stefan
| 1257030000 | Policy Paper | |
Helmut Siekmann | Stabilisierung der WestLB AG durch Garantien des Landes NRW
White Paper No. 7, 2009
| Oct 2009 |
White Papers
|
Financial Intermediation
| 2009 | Landesbanken |
Siekmann, Helmut
| 1254348000 | Policy Paper | |
Helmut Siekmann | Die Neuordnung der Finanzmarktaufsicht
White Paper No. 6, 2009
| Oct 2009 |
White Papers
|
Financial Intermediation
| 2009 | Finanzmärkte, Rechtsordnung |
Siekmann, Helmut
| 1254348000 | Policy Paper | |
Gregor Bachmann, Theodor Baums, Mathias Habersack, Martin Henssler, Marcus Lutter, Hartmut Oetker, Peter Ulmer | Entwurf einer Regelung zur Mitbestimmungsvereinbarung und zur Größe des mitbestimmten Aufsichtsrats
White Paper No. 3, 2009
| May 2009 |
White Papers
|
Law and Finance
| 2009 | Mitbestimmungsrecht |
Bachmann, Gregor
Lutter, Marcus
Ulmer, Peter
Baums, Theodor
Oetker, Hartmut
Henssler, Martin
Habersack, Mathias
| 1241128800 | Policy Paper | |
Helmut Siekmann | Die Schaffung von Einrichtungen der Finanzaufsicht auf EU-Ebene
White Paper No. 2, 2009
| Apr 2009 |
White Papers
|
Financial Intermediation
| 2009 | Gemeinschaftsagenturen, Finanzmarktaufsicht |
Siekmann, Helmut
| 1238536800 | Policy Paper | |
Theodor Baums | Anschleichen an Übernahmeziele mittels Cash Settled Equity Derivaten - ein Regelungsvorschlag
White Paper No. 1, 2009
| Feb 2009 |
White Papers
|
Law and Finance
| 2009 | Unternehmensübernahmen, Equity Swaps |
Baums, Theodor
| 1233442800 | Policy Paper | |
Michael Haliassos | Verschwenderische Südeuropäer?
Policy Letter No. 25, 2011
| Dec 2011 |
Policy Letters
|
Macro Finance
| 2011 | Staatsschuldenkrise, Europäische Währungsunion, Arbeitsproduktivität |
Haliassos, Michael
| 1322694000 | Policy Paper | |
Michael Haliassos | Prodigal Italy Greece Spain?
Policy Letter No. 24, 2011
| Dec 2011 |
Policy Letters
|
Macro Finance
| 2011 | http://safe-frankfurt.de/policy-publications/administrator/components/com_jresearch/files/publications/Haliassos_Prodigal_Italy_Greece_Spain.pdf |
Haliassos, Michael
| 1322694000 | Policy Paper | |
Hermann Remsperger | Ordnungspolitik gegen Systemrisiken
Policy Letter No. 23, 2011
| Dec 2011 |
Policy Letters
|
Macro Finance
| 2011 | systemisches Risiko, Geldpolitik |
Remsperger, Hermann
| 1322694000 | Policy Paper | |
Otmar Issing | Der Weg in die Knechtschaft
Policy Letter No. 22, 2011
| Dec 2011 |
Policy Letters
|
Macro Finance
| 2011 | Freiheit, soziale Marktwirtschaft, Basisdemokratie |
Issing, Otmar
| 1322694000 | Policy Paper | |
Bertram Schefold | Europa - wohin
Policy Letter No. 21, 2011
| Dec 2011 |
Policy Letters
|
Macro Finance
| 2011 | Europäische Währungsunion, Strukturanpassungen, Europäische Integration |
Schefold, Bertram
| 1322694000 | Policy Paper | |
Jan Pieter Krahnen | Kluge Finanzarchitektur zur Begrenzung des systemischen Risikos
Policy Letter No. 20, 2011
| Dec 2011 |
Policy Letters
|
Financial Intermediation
| 2011 | systemisches Risiko, too-big-to-fail, Regulierung |
Krahnen, Jan Pieter
| 1322694000 | Policy Paper |
Professor,
|
Volker Wieland | Stellungnahme zum Antrag der SPD-Fraktion auf Einführung einer Finanztransaktionssteuer in Europa
Policy Letter No. 19, 2011
| Nov 2011 |
Policy Letters
|
Financial Intermediation
| 2011 | Finanztransaktionssteuer, Finanzinnovationen, Finanzspekulation |
Wieland, Volker
| 1320102000 | Policy Paper | |
Volker Wieland | Rational Learning About Rare-Disaster Frequencies: A Persistent Source of Asset-Price Overreaction
Policy Letter No. 14, 2011
| Nov 2011 |
Policy Letters
|
Financial Markets
| 2011 | asset prices, comsumer beliefs, Bayesian learning |
Wieland, Volker
| 1320102000 | Policy Paper | |
Helmut Gründl, Hato Schmeiser | Long-Term Guarantees and the Countercyclical Premium Under Solvency II
Policy Letter No. 15, 2011
| Nov 2011 |
Policy Letters
|
Financial Intermediation
| 2011 | insurance supervision, capital requirements, Solvency II |
Schmeiser, Hato
Gründl, Helmut
| 1320102000 | Policy Paper | |
Helmut Siekmann | Rechtsbrüche im Euroraum
Policy Letter No. 13, 2011
| Oct 2011 |
Policy Letters
|
Macro Finance
| 2011 | Europäische Währungsunion, Währungsrecht, Europarecht |
Siekmann, Helmut
| 1317420000 | Policy Paper | |
Stefan Gerlach, Laura Moretti | Geldpolitik vor der Krise
Policy Letter No. 12, 2011
| Aug 2011 |
Policy Letters
|
Macro Finance
| 2011 | Geldpolitik, reale Zinssätze, Finanzkrise |
Moretti, Laura
Gerlach, Stefan
| 1312149600 | Policy Paper | |
Stefan Gerlach, Laura Moretti | Monetary Policy Before the Crisis
Policy Letter No. 11, 2011
| Aug 2011 |
Policy Letters
|
Macro Finance
| 2011 | monetary policy, real interest rates, financial crisis |
Gerlach, Stefan
Moretti, Laura
| 1312149600 | Policy Paper | |
Hermann Remsperger | Ein makroprudenzielles Mandat für die Bundesbank
Policy Letter No. 10, 2011
| Aug 2011 |
Policy Letters
|
Macro Finance
| 2011 | makroprudenzielle Regulierung, Finanzstabilität, Bundesbank |
Remsperger, Hermann
| 1312149600 | Policy Paper | |
| Comment on the European Commission's Green Paper "The EU Corporate Governance Framework"
Policy Letter No. 9, 2011
| Jul 2011 |
Policy Letters
|
Law and Finance
| 2011 | corporate governance, supervisory board, shareholder activism | | 1309471200 | Policy Paper | |
Reinhard H. Schmidt | Ratingagenturen entmachten - aber wie?
Policy Letter No. 8, 2011
| Jul 2011 |
Policy Letters
|
Financial Intermediation
| 2011 | Ratingagenturen, Marktmacht |
Schmidt, Reinhard H.
| 1309471200 | Policy Paper | |
Jan Pieter Krahnen | "Politiker wollen die Wahrheit nicht hören"
Policy Letter No. 7, 2011
| Jul 2011 |
Policy Letters
|
Financial Intermediation
| 2011 | Ratingagenturen, Schuldenkrise |
Krahnen, Jan Pieter
| 1309471200 | Policy Paper |
Professor,
|
Jan Pieter Krahnen | The Bail-In Puzzle
Policy Letter No. 6, 2011
| Jul 2011 |
Policy Letters
|
Financial Intermediation
| 2011 | debt restructuring, financial stability, bank bonds |
Krahnen, Jan Pieter
| 1309471200 | Policy Paper |
Professor,
|
Michael Haliassos | Reforms or Bankruptcy?
Policy Letter No. 5, 2011
| Jun 2011 |
Policy Letters
|
Macro Finance
| 2011 | Greek economic crisis, public debt, structural reforms |
Haliassos, Michael
| 1306879200 | Policy Paper | |
Helmut Siekmann | Die Bankenabgabe in Deutschland
Policy Letter No. 3, 2011
| Apr 2011 |
Policy Letters
|
Financial Intermediation
| 2011 | Bankenabgabe, Systemisches Risiko, Restrukturierungsgesetz |
Siekmann, Helmut
| 1301608800 | Policy Paper | |
Raimond Maurer | Stellungnahme zum Gesetzesentwurf der Bundesregierung zur Umsetzung der OGAW-Richtlinie der EU-Kommission
Policy Letter No. 2, 2011
| Mar 2011 |
Policy Letters
|
Household Finance
| 2011 | Investmentfonds, Wertpapiere, Anlegerschutz |
Maurer, Raimond
| 1298934000 | Policy Paper | |
Jan Pieter Krahnen | Europataugliche Einlagensicherung: Vorschlag für eine dreistufige Einlagensicherung mit begrenzter europäischer Haftung
Policy Letter No. 16, 2012
| Dec 2012 |
Policy Letters
|
Financial Intermediation
| 2012 | Bankenunion, Einlagensicherung, Bankinsolvenzen |
Krahnen, Jan Pieter
| 1354316400 | Policy Paper |
Professor,
|
Laura Moretti | Gender Balance in the ECB's Executive Board
Policy Letter No. 15, 2012
| Nov 2012 |
Policy Letters
|
Macro Finance
| 2012 | gender equality, ECB Executive Board |
Moretti, Laura
| 1351724400 | Policy Paper | |
Jan Pieter Krahnen | Comment on the European Parliament Draft Report on the Proposal for a Recovery and Resolution Directive
Policy Letter No. 14, 2012
| Nov 2012 |
Policy Letters
|
Financial Intermediation
| 2012 | bail-in bonds, bank resolution, Liikanen Report |
Krahnen, Jan Pieter
| 1351724400 | Policy Paper |
Professor,
|
Laura Moretti | Nationality and the ECB's Executive Board
Policy Letter No. 12, 2012
| Aug 2012 |
Policy Letters
|
Macro Finance
| 2012 | European Monetary Union, institutional design |
Moretti, Laura
| 1343772000 | Policy Paper | |
Volker Wieland | Die Notenbanken und das liebe Geld: Von Zinsen, Inflation und konjunktureller Überhitzung
Policy Letter No. 13, 2012
| Sep 2012 |
Policy Letters
|
Macro Finance
| 2012 | Zentralbanken, Inflationssteuerung, Geldpolitik |
Wieland, Volker
| 1346450400 | Policy Paper | |
Ester Faia | On the Potential Threats from a Greek Eurozone Exit
Policy Letter No. 11, 2012
| May 2012 |
Policy Letters
|
Macro Finance
| 2012 | European Monetary Union, TARGET balances, inflation |
Faia, Ester
| 1335823200 | Policy Paper | |
Laura Moretti | Central Bank Independence: Does the Governor's Passport Matter?
Policy Letter No. 10, 2012
| May 2012 |
Policy Letters
|
Macro Finance
| 2012 | central bank independence, central bank governor |
Moretti, Laura
| 1335823200 | Policy Paper | |
Hans-Joachim Böcking, Marius Gros | Stellungnahme zu den vom Deutschen Standardisierungsrat vorgeschlagenen Änderungen der Anforderungen an die Konzernlageberichterstattung
Policy Letter No. 09, 2012
| Apr 2012 |
Policy Letters
|
Law and Finance
| 2012 | Chancen- und Risikoberichterstattung, Strategieberichterstattung, Management Commentary |
Böcking, Hans-Joachim
Gros, Marius
| 1333231200 | Policy Paper | |
Hermann Remsperger | Finanzstabilität im Bundestag
Policy Letter No. 08, 2012
| Apr 2012 |
Policy Letters
|
Macro Finance
| 2012 | Finanzstabilitätsgesetz; makroprudenzielle Regulierung; Zentralbank |
Remsperger, Hermann
| 1333231200 | Policy Paper | |
Andreas Hackethal | Wie lässt sich der Kundennutzen der Anlageberatung steigern?
Policy Letter No. 07, 2012
| Apr 2012 |
Policy Letters
|
Household Finance
| 2012 | Anlageentscheidung, Wertpapierberatung, Risikomaße, Rendite |
Hackethal, Andreas
| 1333231200 | Policy Paper |
Professor,
|
Hans-Joachim Böcking, Marius Gros | Stellungnahme zu den DCGK-Aenderungsvorschlaegen der Regierungskommission Deutscher Corporate Governance Kodex
Policy Letter No. 06, 2012
| Mar 2012 |
Policy Letters
|
Law and Finance
| 2012 | Deutscher Corporate Governance Kodex, Prüfungsausschuss, Aufsichtsratsvergütung |
Böcking, Hans-Joachim
Gros, Marius
| 1330556400 | Policy Paper | |
Helmut Siekmann | Support Mechanisms Pose Fundamental Legal Questions
Policy Letter No. 05, 2012
| Feb 2012 |
Policy Letters
|
Macro Finance
| 2012 | sovereign debt crisis, ESM, EFSF, new fiscal compact |
Siekmann, Helmut
| 1328050800 | Policy Paper | |
Dirk Bursian, Ester Faia | Trust in the Monetary Authority
SAFE Working Paper No. 14
| Jan 2013 |
Working Papers
|
Macro Finance
| 2013 | trust evolutionary games, risk perception, monetary transmission mechanism |
Bursian, Dirk
Faia, Ester
| 1356994800 | SAFE Working Paper | |
Laurent Calvet, Paolo Sodini | Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios
SAFE Working Paper No. 13
| Jan 2013 |
Working Papers
|
Household Finance
| 2013 | Asset allocation, communication, genetics, habit formation, human capital, labor income, leverage, participation, risk-taking, social interactions, twin study |
Sodini, Paolo
Calvet, Laurent
| 1356994800 | SAFE Working Paper | |
Marcel Bluhm, Ester Faia, Jan Pieter Krahnen | Endogenous Banks’ Networks, Cascades and Systemic Risk
SAFE Working Paper No. 12
| Jan 2013 |
Working Papers
|
Macro Finance,
| 2013 | network formation, tâtonnement, contagion |
Bluhm, Marcel
Krahnen, Jan Pieter
Faia, Ester
| 1356994800 | SAFE Working Paper |
Professor,
|
Tim Eisert, Christian Eufinger | Interbank Network and Bank Bailouts: Insurance Mechanism for Non-Insured Creditors?
SAFE Working Paper No. 10
| Jan 2013 |
Working Papers
|
Law and Finance,
| 2013 | bailout, cycle flows, cyclical liabilities, interbank network, leverage |
Eisert, Tim
Eufinger, Christian
| 1356994800 | SAFE Working Paper | |
Christian Eufinger, Andrej Gill | Incentive-Based Capital Requirements
SAFE Working Paper No. 9
| Jan 2013 |
Working Papers
|
Law and Finance,
| 2013 | Basel III, capital regulation, compensation, leverage, risk |
Eufinger, Christian
Gill, Andrej
| 1356994800 | SAFE Working Paper | |
Matthieu Darracq Pariès, Ester Faia, Diego Rodriguez Palenzuela | Bank and Sovereign Debt Risk Connection
SAFE Working Paper No. 7
| Jan 2013 |
Working Papers
|
Macro Finance,
| 2013 | liquidity risk, sovereign risk, capital regulations |
Darracq Pariès, Matthieu
Rodriguez Palenzuela, Diego
Faia, Ester
| 1356994800 | SAFE Working Paper | |
Holger Kraft, Eduardo S. Schwartz, Farina Weiss | Growth Options and Firm Valuation
SAFE Working Paper No. 6
| Jan 2013 |
Working Papers
|
Financial Markets,
| 2013 | Firm valuation, Real options, Volatility, R&D expenses |
Schwartz, Eduardo S.
Weiss, Farina
Kraft, Holger
| 1356994800 | SAFE Working Paper | |
Grigory Vilkov, Yan Xiao | Option-Implied Information and Predictability of Extreme Returns
SAFE Working Paper No. 5
| Jan 2013 |
Working Papers
|
Financial Markets
| 2013 | extreme value theory, tail measure, implied correlation, variance risk premium, option-implied distribution, predictability, portfolio optimization |
Xiao, Yan
Vilkov, Grigory
| 1356994800 | SAFE Working Paper | |
Markku Kaustia, Elias Rantapuska | Does Mood Affect Trading Behavior?
SAFE Working Paper No. 4
| Jan 2013 |
Working Papers
|
Household Finance
| 2013 | mood, seasonal affective disorder (SAD), weather, trading behavior, stock market |
Rantapuska, Elias
Kaustia, Markku
| 1356994800 | SAFE Working Paper | |
Markku Kaustia, Antti Lehtoranta, Vesa Puttonen | Does Sophistication Affect Long-Term Return Expectations? Evidence from Financial Advisers' Exam Scores
SAFE Working Paper No. 3
| Jan 2013 |
Working Papers
|
Household Finance
| 2013 | stock return expectations, sophistication, financial literacy, adviser |
Lehtoranta, Antti
Kaustia, Markku
Puttonen, Vesa
| 1356994800 | SAFE Working Paper | |
Markku Kaustia, Samuli Knüpfer, Sami Torstila | Stock Ownership and Political Behavior: Evidence from Demutualization
SAFE Working Paper No. 2
| Jan 2013 |
Working Papers
|
Household Finance
| 2013 | Stock ownership, political behavior, salience, attention, identity |
Kaustia, Markku
Knüpfer, Samuli
Torstila, Sami
| 1356994800 | SAFE Working Paper | |
Holger Kraft, Claus Munk, Frank Thomas Seifried, Sebastian Wagner | Consumption Habits and Humps
SAFE Working Paper No. 15
| Jan 2013 |
Working Papers
|
Household Finance
| 2013 | Consumption hump, life-cycle utility maximization, habit formation, impatience |
Wagner, Sebastian
Kraft, Holger
Seifried, Frank Thomas
Munk, Claus
| 1356994800 | SAFE Working Paper | |
Marius Ascheberg, Nicole Branger, Holger Kraft, Frank Thomas Seifried | When Do Jumps Matter for Portfolio Optimization?
SAFE Working Paper No. 16
| Jan 2013 |
Working Papers
|
Financial Markets
| 2013 | Optimal investment, jumps, stochastic volatility, welfare loss |
Ascheberg, Marius
Kraft, Holger
Branger, Nicole
Seifried, Frank Thomas
| 1356994800 | SAFE Working Paper | |
Reint Gropp, Christian Gruendl, Andre Guettler | Hidden Gems and Borrowers with Dirty Little Secrets: Investment in Soft Information, Borrower Self-selection and Competition
SAFE Working Paper No. 19
| Jan 2013 |
Working Papers
|
Financial Intermediation,
| 2013 | soft information, discretionary lending, relationship lending, competition |
Guettler, Andre
Gruendl, Christian
Gropp, Reint
| 1356994800 | SAFE Working Paper | |
Stefano Corradin, Reint Gropp, Harry Huizinga, Luc Laeven | Who Invests in Home Equity to Exempt Wealth from Bankruptcy?
SAFE Working Paper No. 21
| Jan 2013 |
Working Papers
|
Financial Intermediation,
| 2013 | Homestead exemptions, Personal bankruptcy, Portfolio allocation, Home ownership |
Corradin, Stefano
Huizinga, Harry
Gropp, Reint
Laeven, Luc
| 1356994800 | SAFE Working Paper | |
Andrej Gill, Nikolai Visnjic | Insight Private Equity
SAFE Working Paper No. 23
| Jan 2013 |
Working Papers
|
Law and Finance,
| 2013 | private equity, leveraged buyouts, active shareholders, corporate restructuring, operational performance |
Visnjic, Nikolai
Gill, Andrej
| 1356994800 | SAFE Working Paper | |
Andrej Gill, Nikolai Visnjic | Performance Benefits of Tight Control
SAFE Working Paper No. 24
| Jan 2013 |
Working Papers
|
Law and Finance,
| 2013 | private equity, leveraged buyouts, active shareholders, ownership concentration, corporate governance |
Visnjic, Nikolai
Gill, Andrej
| 1356994800 | SAFE Working Paper | |
Holger Kraft, Alexander Schmidt | Systemic Risk in the Financial Sector: What Can We Learn from Option Markets?
SAFE Working Paper No. 25
| Jan 2013 |
Working Papers
|
Financial Intermediation,
| 2013 | Systemic risk, Value-at-risk, Equity options, Implied volatility |
Schmidt, Alexander
Kraft, Holger
| 1356994800 | SAFE Working Paper | |
Michael Brennan, Holger Kraft | Financing Asset Growth
SAFE Working Paper No. 26
| Jan 2013 |
Working Papers
|
Financial Markets
| 2013 | |
Brennan, Michael
Kraft, Holger
| 1356994800 | SAFE Working Paper | |
Gabriele Camera, YiLi Chien | Two Monetary Models with Alternating Markets
SAFE Working Paper No. 33
| Jan 2013 |
Working Papers
|
Macro Finance
| 2013 | cash-in-advance, matching, microfoundations, money, inflation |
Chien, YiLi
Camera, Gabriele
| 1356994800 | SAFE Working Paper | |
Nicole Branger, Patrick Grüning, Holger Kraft, Christoph Meinerding, Christian Schlag | Asset Pricing Under Uncertainty About Shock Propagation
SAFE Working Paper No. 34
| Jan 2013 |
Working Papers
|
Financial Markets
| 2013 | General Equilibrium, Contagion Risk, Partial Information, Filtering, Recursive Utility |
Kraft, Holger
Meinerding, Christoph
Schlag, Christian
Grüning, Patrick
Branger, Nicole
| 1356994800 | SAFE Working Paper |
Professor,
|
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide | Competition Between Equity Markets: A Review of the Consolidation Versus Fragmentation Debate
SAFE Working Paper No. 35
| Jan 2013 |
Working Papers
|
Financial Markets
| 2013 | Competition, Fragmentation, Market Structure, Liquidity, Price Discovery |
Weber, Moritz Christian
Westheide, Christian
Sagade, Satchit
Gomber, Peter
Theissen, Erik
| 1356994800 | SAFE Working Paper | |
Florian Hett, Alexander Schmidt | Bank Rescues and Bailout Expectations: The Erosion of Market Discipline During the Financial Crisis
SAFE Working Paper No. 36
| Jan 2013 |
Working Papers
|
Financial Intermediation,
| 2013 | Bailout, Implicit Guarantees, Too-Big-To-Fail, Market Discipline |
Schmidt, Alexander
Hett, Florian
| 1356994800 | SAFE Working Paper | |
Deyan Radev | Systemic Risk and Sovereign Debt in the Euro Area
SAFE Working Paper No. 37
| Jan 2013 |
Working Papers
|
Financial Intermediation,
| 2013 | Sovereign debt, Sovereign default, Financial distress, Systemic risk, Contagion, Banking stability, Tail risk |
Radev, Deyan
| 1356994800 | SAFE Working Paper | |
Claudia Lambert, Felix Noth, Ulrich Schüwer | How do Insured Deposits Affect Bank Risk? Evidence from the 2008 Emergency Economic Stabilization Act
SAFE Working Paper No. 38
| Jan 2013 |
Working Papers
|
Financial Intermediation
| 2013 | financial crisis, deposit insurance, bank regulation |
Lambert, Claudia
Noth, Felix
Schüwer, Ulrich
| 1356994800 | SAFE Working Paper | |
H. Evren Damar, Reint Gropp, Adi Mordel | Banks’ Financial Distress, Lending Supply and Consumption Expenditure
SAFE Working Paper No. 39
| Jan 2014 |
Working Papers
|
Financial Intermediation
| 2014 | credit supply, banking, financial crisis, consumption expenditure, liquid assets, consumption smoothing |
Mordel, Adi
Damar, H. Evren
Gropp, Reint
| 1388530800 | SAFE Working Paper | |
Christoph Hambel, Holger Kraft, Lorenz Schendel, Mogens Steffensen | Life Insurance Demand under Health Shock Risk
SAFE Working Paper No. 40
| Jan 2014 |
Working Papers
|
Household Finance
| 2014 | Health shocks, Portfolio choice, Term life insurance, Mortality risk, Labor income risk |
Steffensen, Mogens
Kraft, Holger
Schendel, Lorenz
Hambel, Christoph
| 1388530800 | SAFE Working Paper | |
Adrian Buss, Raman Uppal, Grigory Vilkov | Asset Prices in General Equilibrium with Recursive Utility and Illiquidity Induced by Transactions Costs
SAFE Working Paper No. 41
| Jan 2014 |
Working Papers
|
Financial Markets
| 2014 | liquidity premium, incomplete markets, portfolio choice, heterogeneous agents |
Vilkov, Grigory
Buss, Adrian
Uppal, Raman
| 1388530800 | SAFE Working Paper | |
Reint Gropp, John Krainer, Elizabeth Laderman | Did Consumers Want Less Debt? Consumer Credit Demand versus Supply in the Wake of the 2008-2009 Financial Crisis
SAFE Working Paper No. 42
| Jan 2014 |
Working Papers
|
Financial Intermediation,
| 2014 | credit supply, deleveraging, households, financial crisis |
Krainer, John
Laderman, Elizabeth
Gropp, Reint
| 1388530800 | SAFE Working Paper | |
Lorenz Schendel | Consumption-Investment Problems with Stochastic Mortality Risk
SAFE Working Paper No. 43
| Jan 2014 |
Working Papers
|
Household Finance
| 2014 | Stochastic mortality risk, Health jumps, Labor income risk, Portfolio choice, Insurance |
Schendel, Lorenz
| 1388530800 | SAFE Working Paper | |
Lorenz Schendel | Critical Illness Insurance in Life Cycle Portfolio Problems
SAFE Working Paper No. 44
| Jan 2014 |
Working Papers
|
Household Finance
| 2014 | Health shocks, Health expenses, Labor income risk, Stochastic mortality risk, Portfolio choice |
Schendel, Lorenz
| 1388530800 | SAFE Working Paper | |
Marcel Bluhm, Ester Faia, Jan Pieter Krahnen | Monetary Policy Implementation in an Interbank Network: Effects on Systemic Risk
SAFE Working Paper No. 46
| Jan 2014 |
Working Papers
|
Macro Finance,
| 2014 | Network formation, contagion, central banks' interventions |
Bluhm, Marcel
Krahnen, Jan Pieter
Faia, Ester
| 1388530800 | SAFE Working Paper |
Professor,
|
Michael Kosfeld, Ulrich Schüwer | Add-On Pricing in Retail Financial Markets and the Fallacies of Consumer Education
SAFE Working Paper No. 47
| Jan 2014 |
Working Papers
|
Household Finance,
| 2014 | consumer education,financial literacy, bounded rationality, competition, regulation |
Kosfeld, Michael
Schüwer, Ulrich
| 1388530800 | SAFE Working Paper |
Professor,
|
Stefania Bortolotti, Gabriele Camera, Marco Casari | An Experiment on Retail Payments Systems
SAFE Working Paper No. 49
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | money, coordination, pricing, transactions |
Casari, Marco
Bortolotti, Stefania
Camera, Gabriele
| 1388530800 | SAFE Working Paper | |
Holger Kraft, Thomas Seiferling, Frank Thomas Seifried | Optimal Consumption and Investment with Epstein-Zin Recursive Utility
SAFE Working Paper No. 52
| Jan 2014 |
Working Papers
|
Financial Markets
| 2014 | consumption-portfolio choice, asset pricing, stochastic differential utility, incomplete markets, fixed point approach, FBSDE |
Seiferling, Thomas
Kraft, Holger
Seifried, Frank Thomas
| 1388530800 | SAFE Working Paper | |
Holger Kraft, Claus Munk, Frank Thomas Seifried, Mogens Steffensen | Consumption and Wage Humps in a Life-Cycle Model with Education
SAFE Working Paper No. 53
| Jan 2014 |
Working Papers
|
Household Finance
| 2014 | Education, leisure, consumption hump, wage hump |
Steffensen, Mogens
Kraft, Holger
Seifried, Frank Thomas
Munk, Claus
| 1388530800 | SAFE Working Paper | |
Jan Pieter Krahnen, Peter Ockenfels, Christian Wilde | Measuring Ambiguity Aversion: A Systematic Experimental Approach
SAFE Working Paper No. 55
| Jan 2014 |
Working Papers
|
Financial Intermediation,
Financial Markets,
| 2014 | ambiguity, valuation discount, experimental economics |
Wilde, Christian
Krahnen, Jan Pieter
Ockenfels, Peter
| 1388530800 | SAFE Working Paper |
Professor,
|
Brigitte Haar | European Financial Regulation – Cross-Border Capital Flows, Systemic Risk and the European Banking Union as Reference Points for EU Financial Market Integration
The Oxford Handbook of Financial Regulation (Oxford University Press)
| Oct 2014 |
Research Publications
|
Financial Intermediation,
| 2014 | Financial regulation, systemic risk, microprudential supervision, European Banking Authority, macroprudential supervision, European Systemic Risk Board, European Banking Union, Single Supervisory Mechanism |
Haar, Brigitte
| 1412114400 | Published Paper | |
Giuliano Curatola, Michael Donadelli, Alessandro Gioffré, Patrick Grüning | Austerity, Fiscal Uncertainty, and Economic Growth: Insights from Fiscally Weak EU Countries
SAFE Working Paper No. 56
| Jan 2014 |
Working Papers
|
Financial Markets
| 2014 | Austerity Measures, Fiscal Policy, Endogenous Growth, R&D |
Donadelli, Michael
Gioffré, Alessandro
Grüning, Patrick
Curatola, Giuliano
| 1388530800 | SAFE Working Paper | |
Stefano Colonnello, Giuliano Curatola, Ngoc Giang Hoang | Direct and Indirect Risk-Taking Incentives of Inside Debt
SAFE Working Paper No. 60
| Jan 2014 |
Working Papers
|
Law and Finance
| 2014 | Compensation Structure, Credit Spread, Risk-Taking, Inside Debt, Business Cycle |
Colonnello, Stefano
Hoang, Ngoc Giang
Curatola, Giuliano
| 1388530800 | SAFE Working Paper | |
Brigitte Haar | Financial Regulation in the EU – Cross-Border Capital Flows, Systemic Risk and the European Banking Union as Reference Points for EU Financial Market Integration
SAFE Working Paper No. 57
| Jan 2014 |
Working Papers
|
Financial Intermediation,
| 2014 | Financial regulation, systemic risk, microprudential supervision, European Banking Authority, macroprudential supervision, European Systemic Risk Board, European Banking Union, Single Supervisory Mechanism |
Haar, Brigitte
| 1388530800 | SAFE Working Paper | |
Daniel Harenberg, Alexander Ludwig | Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security
SAFE Working Paper No. 59
| Jan 2014 |
Working Papers
|
Household Finance,
Macro Finance
| 2014 | social security, idiosyncratic risk, aggregate risk, welfare |
Ludwig, Alexander
Harenberg, Daniel
| 1388530800 | SAFE Working Paper | |
Iñaki Aldasoro, Mike Seiferling | Vertical Fiscal Imbalances and the Accumulation of Government Debt
SAFE Working Paper No. 61
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | fiscal decentralization, vertical fiscal imbalances, panel data, public debt, GFSY |
Aldasoro, Iñaki
Seiferling, Mike
| 1388530800 | SAFE Working Paper | |
Patrick Behr, Alejandro H. Drexler, Reint Gropp, Andre Guettler | Financial Incentives and Loan Officer Behavior: Multitasking and Allocation of Effort Under an Incomplete Contract
SAFE Working Paper No. 62
| Jan 2014 |
Working Papers
|
Financial Intermediation,
| 2014 | Loan officer, incentives, monitoring, screening, loan origination |
Behr, Patrick
Drexler, Alejandro H.
Guettler, Andre
Gropp, Reint
| 1388530800 | SAFE Working Paper | |
Nicola Fuchs-Schündeln, Michael Haliassos | Does Product Familiarity Matter for Participation?
SAFE Working Paper No. 63
| Jan 2014 |
Working Papers
|
Household Finance
| 2014 | household finance, familiarity, financial literacy, stockholding, household debt, social interactions, consumer credit, counterfactual analysis, German reunification |
Fuchs-Schündeln, Nicola
Haliassos, Michael
| 1388530800 | SAFE Working Paper | |
Daniel Herbold | A Repeated Principal-Agent Model with On-the-Job Search
SAFE Working Paper No. 64
| Jan 2014 |
Working Papers
|
Law and Finance
| 2014 | Repeated Principal-Agent Model, On-the-Job Search, Moral Hazard, Multitasking, Efficiency Wages |
Herbold, Daniel
| 1388530800 | SAFE Working Paper | |
Michael Kemmer, Jan Pieter Krahnen | Zukunft der Universalbanken
Policy Letter No. 9
| Apr 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | Trennbanken, Restrukturierung, Abwicklung, Liikanen-Kommission |
Kemmer, Michael
Krahnen, Jan Pieter
| 1364767200 | Policy Paper |
Professor,
|
Jan Pieter Krahnen | Deposit Insurance Suitable for Europe: Proposal for a Three-Stage Deposit Guarantee Scheme with Limited European Liability
Policy Letter No. 8
| Apr 2013 |
Policy Letters
|
Financial Intermediation
| 2013 | banking union; deposit insurance; bank risk |
Krahnen, Jan Pieter
| 1364767200 | Policy Paper |
Professor,
|
Hermann Remsperger | Zentralbankpolitik: Überforderung statt Langeweile?
White Paper No. 3
| Apr 2013 |
White Papers
|
Macro Finance
| 2013 | makroprudenzielle Regulierung; Zentralbank; Bankenaufsicht |
Remsperger, Hermann
| 1364767200 | Policy Paper | |
Katja Langenbucher | Legal Aspects of Gender Balance on Corporate Boards in Germany
White Paper No. 2
| Mar 2013 |
White Papers
|
Law and Finance
| 2013 | German corporate governance codex, gender equality, German constitutional law |
Langenbucher, Katja
| 1362092400 | Policy Paper |
Professor,
|
Brigitte Haar | Civil Liability of Credit Rating Agencies after CRA 3 – Regulatory All-or-Nothing Approaches Between Immunity and Over-Deterrence
White Paper No. 1
| Feb 2013 |
White Papers
|
Financial Intermediation
| 2013 | Rating Agencies, regulation, contractual liability, CRA3 |
Haar, Brigitte
| 1359673200 | Policy Paper | |
Helmut Siekmann | Missachtung rechtlicher Vorgaben des AEUV durch die Mitgliedstaaten und die EZB in der Schuldenkrise
White Paper No. 15, 2012
| Nov 2012 |
White Papers
|
Law and Finance
| 2012 | Bankenkrise, Staatsschuldenkrise, EFSF, ESM, Fiskalpakt |
Siekmann, Helmut
| 1351724400 | Policy Paper | |
Helmut Siekmann | Stellungnahme zum Entwurf eines Dritten Gesetzes zur Umsetzung eines Maßnahmenpakets zur Stabilisierung des Finanzmarktes
White Paper No. 14, 2012
| Nov 2012 |
White Papers
|
Financial Intermediation
| 2012 | Finanzmarktstabilisierungsgesetz, Restrukturierungsfond, systemisches Risiko |
Siekmann, Helmut
| 1351724400 | Policy Paper | |
Günter Franke, Jan Pieter Krahnen | Marktkräfte und Finanzstabilität: Desiderate und Anreizwirkungen eines institutionellen Rahmens für Bankenrestrukturierung
White Paper No. 13, 2012
| Oct 2012 |
White Papers
|
Financial Intermediation
| 2012 | Ankeranleihen, Bail-in, systemisches Risiko, Bankenrestrukturierung |
Krahnen, Jan Pieter
Franke, Günter
| 1349042400 | Policy Paper |
Professor,
|
Helmut Siekmann | Die Legende von der verfassungsrechtlichen Sonderstellung des „anonymen“ Kapitaleigentums
White Paper No. 12, 2012
| Sep 2012 |
White Papers
|
Law and Finance
| 2012 | Geldeigentum, Anteilseigentum, Gesellschaftsrecht, Verfassungsrecht |
Siekmann, Helmut
| 1346450400 | Policy Paper | |
Peter Gomber, Thorsten Gommel | Neuausrichtung des OTC-Derivate-Marktes als Chance begreifen
White Paper No. 11, 2012
| Sep 2012 |
White Papers
|
Financial Intermediation
| 2012 | EMIR, OTC-Derivate, CDS |
Gommel, Thorsten
Gomber, Peter
| 1346450400 | Policy Paper | |
Reinhard H. Schmidt | Aktuelle Finanzmarktpolitik: Wo bleibt die Nachhaltigkeit?
White Paper No. 10, 2012
| Jul 2012 |
White Papers
|
Financial Intermediation
| 2012 | Finanzkrise, Finanzmarktpolitik, Regulierung, Nachhaltigkeit |
Schmidt, Reinhard H.
| 1341093600 | Policy Paper | |
Lucas Papademos | The Greek Crisis Two Years On: Policy Options and Resolution Prospects
White Paper No. 09, 2012
| Jun 2012 |
White Papers
|
Macro Finance
| 2012 | Greece; fiscal adjustment; European Monetary Union |
Papademos, Lucas
| 1338501600 | Policy Paper | |
Otmar Issing | Central Banks – Paradise Lost?
White Paper No. 08, 2012
| May 2012 |
White Papers
|
Macro Finance
| 2012 | central bank mandate, financial stability |
Issing, Otmar
| 1335823200 | Policy Paper | |
Hermann Remsperger | Systemic Risks and Central Banks
White Paper No. 07, 2012
| May 2012 |
White Papers
|
Macro Finance
| 2012 | macroprudential regulation, monetary policy, Financial Stability Act |
Remsperger, Hermann
| 1335823200 | Policy Paper | |
Otmar Issing | Der Weg aus der Krise
White Paper No. 06, 2012
| Apr 2012 |
White Papers
|
Macro Finance
| 2012 | Währungsunion, Fiskalunion, Eurobonds |
Issing, Otmar
| 1333231200 | Policy Paper | |
Richard Herring, Reinhard H. Schmidt | "The Economic Rationale for Financial Regulation” Reconsidered
White Paper No. 05, 2012
| Apr 2012 |
White Papers
|
Financial Intermediation
| 2012 | regulation, supervision, systemic risk |
Herring, Richard
Schmidt, Reinhard H.
| 1333231200 | Policy Paper | |
Nicole Branger, Holger Kraft, Christoph Meinerding | The Dynamics of Crises and the Equity Premium
SAFE Working Paper No. 11
| Jan 2013 |
Working Papers
|
Financial Markets,
| 2013 | General Equilibrium, Asset Pricing, Recursive Preferences, Long-Run Risk, Disaster Models |
Kraft, Holger
Meinerding, Christoph
Branger, Nicole
| 1356994800 | SAFE Working Paper | |
Ignazio Angeloni, Ester Faia, Marco Lo Duca | Monetary Policy and Risk Taking
SAFE Working Paper No. 8
| Jan 2013 |
Working Papers
|
Macro Finance
| 2013 | bank runs, risk taking, monetary policy |
Angeloni, Ignazio
Lo Duca, Marco
Faia, Ester
| 1356994800 | SAFE Working Paper | |
Dimitris Georgarakos, Michael Haliassos, Giacomo Pasini | Household Debt and Social Interactions
SAFE Working Paper No. 1
| Jan 2013 |
Working Papers
|
Household Finance
| 2013 | household finance, household debt, social interactions, mortgages, consumer credit, informal loans |
Pasini, Giacomo
Georgarakos, Dimitris
Haliassos, Michael
| 1356994800 | SAFE Working Paper | |
Holger Kraft, Frank Thomas Seifried | Stochastic Differential Utility as the Continuous-Time Limit of Recursive Utility
SAFE Working Paper No. 17
| Jan 2013 |
Working Papers
|
Financial Markets
| 2013 | stochastic differential utility, recursive utility, convergence, backward stochastic differential equation |
Kraft, Holger
Seifried, Frank Thomas
| 1356994800 | SAFE Working Paper | |
Alfons J. Weichenrieder, Jochen Zimmer | Euro Membership and Fiscal Reaction Functions
SAFE Working Paper No. 18
| Jan 2013 |
Working Papers
|
Macro Finance
| 2013 | debt sustainability, fiscal reaction function, euro area |
Zimmer, Jochen
Weichenrieder, Alfons J.
| 1356994800 | SAFE Working Paper | |
Zeno Adams, Roland Füss, Reint Gropp | Spillover Effects among Financial Institutions: A State-Dependent Sensitivity Value-at-Risk Approach
SAFE Working Paper No. 20
| Jan 2013 |
Working Papers
|
Financial Intermediation,
| 2013 | Risk spillovers, state-dependent sensitivity value-at-risk (SDSVaR), quantile regression, financial institutions, hedge funds |
Adams, Zeno
Füss, Roland
Gropp, Reint
| 1356994800 | SAFE Working Paper | |
Dirk Bursian, Alfons J. Weichenrieder, Jochen Zimmer | Trust in Government and Fiscal Adjustments
SAFE Working Paper No. 22
| Jan 2013 |
Working Papers
|
Macro Finance,
| 2013 | trust, debt sustainability, fiscal reaction function, euro area, EU |
Zimmer, Jochen
Bursian, Dirk
Weichenrieder, Alfons J.
| 1356994800 | SAFE Working Paper | |
Tobias Tröger | The Single Supervisory Mechanism – Panacea or Quack Banking Regulation?
SAFE Working Paper No. 27
| Jan 2013 |
Working Papers
|
Financial Intermediation
| 2013 | prudential supervision, banking union, regulatory capture, political economy of bureaucracy, Single Supervisory Mechanism (SSM), European Central Bank (ECB), European Banking Authority (EBA) |
Tröger, Tobias
| 1356994800 | SAFE Working Paper |
Professor,
|
Nicole Branger, Holger Kraft, Christoph Meinerding | Partial Information about Contagion Risk, Self-Exciting Processes and Portfolio Optimization
SAFE Working Paper No. 28
| Jan 2013 |
Working Papers
|
Financial Markets,
| 2013 | Asset Allocation, Contagion, Nonlinear Filtering, Hidden State, Self-exciting Processes |
Kraft, Holger
Meinerding, Christoph
Branger, Nicole
| 1356994800 | SAFE Working Paper | |
Iñaki Aldasoro, Ignazio Angeloni | Input-Output-Based Measures of Systemic Importance
SAFE Working Paper No. 29
| Jan 2013 |
Working Papers
|
Macro Finance,
| 2013 | banks, input-output, systemic risk, too-interconnected-to-fail, networks, interbank markets |
Aldasoro, Iñaki
Angeloni, Ignazio
| 1356994800 | SAFE Working Paper | |
Dirk Bursian, Markus Roth | Optimal Policy and Taylor Rule Cross-Checking Under Parameter Uncertainty
SAFE Working Paper No. 30
| Jan 2013 |
Working Papers
|
Macro Finance
| 2013 | Optimal monetary policy, parameter uncertainty, Taylor rule |
Roth, Markus
Bursian, Dirk
| 1356994800 | SAFE Working Paper | |
Dirk Bursian, Sven Fürth | Trust Me! I am a European Central Banker
SAFE Working Paper No. 31
| Jan 2013 |
Working Papers
|
Macro Finance,
| 2013 | Central Banking, European Central Bank, Financial Crisis, Fiscal Crisis, Trust |
Fürth, Sven
Bursian, Dirk
| 1356994800 | SAFE Working Paper | |
Gabriele Camera, Alessandro Gioffré | Game-Theoretic Foundations of Monetary Equilibrium
SAFE Working Paper No. 32
| Jan 2013 |
Working Papers
|
Macro Finance
| 2013 | Social norms, repeated games, cooperation, payment systems |
Gioffré, Alessandro
Camera, Gabriele
| 1356994800 | SAFE Working Paper | |
Fabio Castiglionesi, Fabio Feriozzi, Gyöngyi Lóránth, Loriana Pelizzon | Liquidity Coinsurance and Bank Capital
SAFE Working Paper No. 45
| Jan 2014 |
Working Papers
|
Financial Intermediation,
| 2014 | Bank Capital, Interbank Markets, Liquidity Coinsurance |
Feriozzi, Fabio
Castiglionesi, Fabio
Lóránth, Gyöngyi
Pelizzon, Loriana
| 1388530800 | SAFE Working Paper |
Professor,
|
Marcel Bluhm, Jan Pieter Krahnen | Systemic Risk in an Interconnected Banking System with Endogenous Asset Markets
SAFE Working Paper No. 48
| Jan 2014 |
Working Papers
|
Macro Finance,
| 2014 | systemic risk, systemic risk charge, macroprudential supervision, Shapley value, financial network |
Bluhm, Marcel
Krahnen, Jan Pieter
| 1388530800 | SAFE Working Paper |
Professor,
|
Ignazio Angeloni, Ester Faia, Roland C. Winkler | Exit Strategies
SAFE Working Paper No. 50
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | exit strategies, debt consolidation, ?fiscal policy, ?fiscal multipliers, monetary policy, bank runs |
Winkler, Roland C.
Angeloni, Ignazio
Faia, Ester
| 1388530800 | SAFE Working Paper | |
Yacine Aït-Sahalia, Roger J. A. Laeven, Loriana Pelizzon | Mutual Excitation in Eurozone Sovereign CDS
SAFE Working Paper No. 51
| Jan 2014 |
Working Papers
|
Financial Markets,
Macro Finance,
| 2014 | CDS, Sovereign risk, Systemic risk, Jumps, Feedback, Hawkes processes, Mutually exciting processes, Impulse-response |
Aït-Sahalia, Yacine
Laeven, Roger J. A.
Pelizzon, Loriana
| 1388530800 | SAFE Working Paper |
Professor,
|
Sascha Baghestanian, Todd B. Walker | Anchoring in Experimental Asset Markets
SAFE Working Paper No. 54
| Jan 2014 |
Working Papers
|
Financial Markets,
| 2014 | Experimental Asset Markets, Anchoring, Bubbles |
Walker, Todd B.
Baghestanian, Sascha
| 1388530800 | SAFE Working Paper | |
Helmut Gründl, Tobias Niedrig | The Effects of Contingent Convertible (CoCo) Bonds on Insurers’ Capital Requirements under Solvency II
SAFE Working Paper No. 98
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | Contingent Convertible Capital, CoCo Bond, Basel III, Solvency II, Life Insurance, Interconnectedness |
Niedrig, Tobias
Gründl, Helmut
| 1420066800 | SAFE Working Paper | |
Katja Langenbucher | Household Finance and the Law – A Case Study on Economic Transplants
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
| Aug 2015 |
Research Publications
|
Household Finance
| 2015 | |
Langenbucher, Katja
| 1438380000 | Published Paper |
Professor,
|
Martin Götz, Luc Laeven, Ross Levine | Does the Geographic Expansion of Bank Assets Reduce Risk?
Journal of Financial Economics
| May 2016 |
Research Publications
|
Financial Intermediation
| 2016 | Banking, Bank Regulation, Financial Stability, Risk, Hedging, Business Cycles, Industrial Structuree |
Götz, Martin
Levine, Ross
Laeven, Luc
| 1462053600 | Published Paper | |
Michael Haliassos, Thomas Jansson, Yigitcan Karabulut | Incompatible European Partners? Cultural Predispositions and Household Financial Behavior
SAFE Working Paper No. 58
| Jan 2014 |
Working Papers
|
Household Finance
| 2014 | Household Portfolios, Household Finance, Cultural Influences on Economic Behavior |
Jansson, Thomas
Karabulut, Yigitcan
Haliassos, Michael
| 1388530800 | SAFE Working Paper | |
Elia Berdin, Helmut Gründl | The Effects of a Low Interest Rate Environment on Life Insurers
SAFE Working Paper No. 65
| Jan 2014 |
Working Papers
|
Financial Intermediation
| 2014 | Life Insurers, Interest Rate Guarantees, Risk Assessment, Solvency II |
Berdin, Elia
Gründl, Helmut
| 1388530800 | SAFE Working Paper | |
Daniel Harenberg, Alexander Ludwig | Social Security in an Analytically Tractable Overlapping Generations Model with Aggregate and Idiosyncratic Risk
SAFE Working Paper No. 71
| Jan 2014 |
Working Papers
|
Household Finance,
Macro Finance
| 2014 | social security, idiosyncratic risk, aggregate risk, welfare, insurance, crowding out |
Ludwig, Alexander
Harenberg, Daniel
| 1388530800 | SAFE Working Paper | |
Alberto Alesina, Carlo Ambrogio Favero, Francesco Giavazzi, Andreas Müller | The Output Effect of Fiscal Consolidation Plans
SAFE Working Paper No. 76
| Jan 2014 |
Working Papers
|
Macro Finance
| 2014 | fiscal adjustment, confidence, investment |
Müller, Andreas
Giavazzi, Francesco
Favero, Carlo Ambrogio
Alesina, Alberto
| 1388530800 | SAFE Working Paper | |
Axel Börsch-Supan, Alexander Ludwig, Edgar Vogel | Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation
SAFE Working Paper No. 82
| Jan 2015 |
Working Papers
|
Household Finance,
Macro Finance
| 2015 | population aging, human capital, welfare, pension reform, retirement age, open economy |
Vogel, Edgar
Börsch-Supan, Axel
Ludwig, Alexander
| 1420066800 | SAFE Working Paper | |
Anne-Caroline Hüser | Too Interconnected to Fail: A Survey of the Interbank Networks Literature
SAFE Working Paper No. 91
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | Interbank networks, systemic risk, contagion, banking, macro-prudential policy |
Hüser, Anne-Caroline
| 1420066800 | SAFE Working Paper | |
Tobias Niedrig | Optimal Asset Allocation for Interconnected Life Insurers in the Low Interest Rate Environment Under Solvency Regulation
SAFE Working Paper No. 97
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | Basel III, Solvency II, Life Insurance, Interest Rate Guarantees, Asset Allocation, Contagion, Interconnectedness |
Niedrig, Tobias
| 1420066800 | SAFE Working Paper | |
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide | The State of Play in European Over-the-Counter Equities Trading
Journal of Trading
| Apr 2015 |
Research Publications
|
Financial Markets
| 2015 | |
Weber, Moritz Christian
Westheide, Christian
Sagade, Satchit
Gomber, Peter
Theissen, Erik
| 1427839200 | Published Paper | |
Peter Gomber, Benedikt Thomas Jaeger | MiFID: Eine systematische Analyse der Zielerreichung
Zeitschrift für Bankrecht und Bankwirtschaft
| Jan 2014 |
Research Publications
|
Financial Markets
| 2014 | |
Jaeger, Benedikt Thomas
Gomber, Peter
| 1388530800 | Published Paper | |
Tobias Tröger | Regulatory Influence on Market Conditions in the Banking Union
SAFE Working Paper No. 109
| Jan 2015 |
Working Papers
|
Financial Intermediation
| 2015 | banking union, macro-prudential supervision, real estate lending, bail-in, market discipline |
Tröger, Tobias
| 1420066800 | SAFE Working Paper |
Professor,
|
Shafik Hebous, Alfons J. Weichenrieder | On Deficits and Symmetries in a Fiscal Capacity
SAFE Working Paper No. 112
| Jan 2015 |
Working Papers
|
Macro Finance
| 2015 | fiscal union, asymmetric shocks, federal transfers, optimum currency area |
Hebous, Shafik
Weichenrieder, Alfons J.
| 1420066800 | SAFE Working Paper | |
Kevin Bauer, Nicole Branger, Christian Schlag, Lue Wu | "Nobody is Perfect": Asset Pricing and Long-Run Survival When Heterogeneous Investors Exhibit Different Kinds of Filtering Errors
SAFE Working Paper No. 114
| Jan 2015 |
Working Papers
|
Financial Markets
| 2015 | General Equilibrium, Asset Allocation, Learning, Different Beliefs, Over-Confidence |
Wu, Lue
Schlag, Christian
Branger, Nicole
Bauer, Kevin
| 1420066800 | SAFE Working Paper |
Professor,
|
Max Groneck, Alexander Ludwig, Alexander Zimper | A Life-Cycle Model with Ambiguous Survival Beliefs
Journal of Economic Theory
| Mar 2016 |
Research Publications
|
Household Finance,
Macro Finance
| 2016 | Cumulative prospect theory, Choquet expected utility, Dynamic inconsistency, Life-cycle hypothesis, Saving puzzles |
Groneck, Max
Zimper, Alexander
Ludwig, Alexander
| 1456786800 | Published Paper | |
Alfons J. Weichenrieder, Jochen Zimmer | Euro Membership and Fiscal Reaction Functions
International Tax and Public Finance
| Jan 2014 |
Research Publications
|
Macro Finance
| 2014 | debt sustainability, fiscal reaction function, euro area |
Zimmer, Jochen
Weichenrieder, Alfons J.
| 1388530800 | Published Paper | |
Gabriele Camera, Alessandro Gioffré | Game-Theoretic Foundations of Monetary Equilibrium
Journal of Monetary Economics
| Jan 2014 |
Research Publications
|
Macro Finance
| 2014 | Social norms, repeated games, cooperation, payment systems |
Gioffré, Alessandro
Camera, Gabriele
| 1388530800 | Published Paper | |
Zeno Adams, Roland Füss, Reint Gropp | Spillover Effects among Financial Institutions: A State-Dependent Sensitivity Value-at-Risk Approach
Journal of Financial and Quantitative Analysis
| Jan 2014 |
Research Publications
|
Financial Intermediation,
| 2014 | Risk spillovers, state-dependent sensitivity value-at-risk (SDSVaR), quantile regression, financial institutions, hedge funds |
Adams, Zeno
Gropp, Reint
Füss, Roland
| 1388530800 | Published Paper | |
Holger Kraft, Frank Thomas Seifried | Stochastic Differential Utility as the Continuous-Time Limit of Recursive Utility
Journal of Economic Theory
| Jan 2014 |
Research Publications
|
Financial Markets
| 2014 | stochastic differential utility, recursive utility, convergence, backward stochastic differential equation |
Kraft, Holger
Seifried, Frank Thomas
| 1388530800 | Published Paper | |
Nicole Branger, Holger Kraft, Christoph Meinerding | Partial Information about Contagion Risk, Self-Exciting Processes and Portfolio Optimization
Journal of Economic Dynamics and Control
| Jan 2014 |
Research Publications
|
Financial Markets,
| 2014 | Asset Allocation, Contagion, Nonlinear Filtering, Hidden State, Self-exciting Processes |
Kraft, Holger
Branger, Nicole
Meinerding, Christoph
| 1388530800 | Published Paper | |
Dimitris Georgarakos, Michael Haliassos, Giacomo Pasini | Household Debt and Social Interactions
Review of Financial Studies
| Jan 2014 |
Research Publications
|
Household Finance
| 2014 | household finance, household debt, social interactions, mortgages, consumer credit, informal loans |
Georgarakos, Dimitris
Pasini, Giacomo
Haliassos, Michael
| 1388530800 | Published Paper | |
Marcel Bluhm, Jan Pieter Krahnen | Systemic Risk in an Interconnected Banking System with Endogenous Asset Markets
Journal of Financial Stability
| Jan 2014 |
Research Publications
|
Macro Finance,
| 2014 | systemic risk, systemic risk charge, macroprudential supervision, Shapley value, financial network |
Bluhm, Marcel
Krahnen, Jan Pieter
| 1388530800 | Published Paper |
Professor,
|
Ignazio Angeloni, Ester Faia, Roland C. Winkler | Exit Strategies
European Economic Review
| Jan 2014 |
Research Publications
|
Macro Finance
| 2014 | exit strategies, debt consolidation, ?fiscal policy, ?fiscal multipliers, monetary policy, bank runs |
Angeloni, Ignazio
Winkler, Roland C.
Faia, Ester
| 1388530800 | Published Paper | |
Yacine Aït-Sahalia, Roger J. A. Laeven, Loriana Pelizzon | Mutual Excitation in Eurozone Sovereign CDS
Journal of Econometrics
| Jan 2014 |
Research Publications
|
Financial Markets,
Macro Finance,
| 2014 | CDS, Sovereign risk, Systemic risk, Jumps, Feedback, Hawkes processes, Mutually exciting processes, Impulse-response |
Laeven, Roger J. A.
Aït-Sahalia, Yacine
Pelizzon, Loriana
| 1388530800 | Published Paper |
Professor,
|
Iñaki Aldasoro, Ignazio Angeloni | Input-Output-Based Measures of Systemic Importance
Quantitative Finance
| Jan 2015 |
Research Publications
|
Macro Finance,
| 2015 | banks, input-output, systemic risk, too-interconnected-to-fail, networks, interbank markets |
Angeloni, Ignazio
Aldasoro, Iñaki
| 1420066800 | Published Paper | |
Dirk Bursian, Markus Roth | Optimal Policy and Taylor Rule Cross-Checking Under Parameter Uncertainty
The B.E. Journal of Macroeconomics
| Jan 2014 |
Research Publications
|
Macro Finance
| 2014 | Optimal monetary policy, parameter uncertainty, Taylor rule |
Bursian, Dirk
Roth, Markus
| 1388530800 | Published Paper | |
Fabio Castiglionesi, Fabio Feriozzi, Gyöngyi Lóránth, Loriana Pelizzon | Liquidity Coinsurance and Bank Capital
Journal of Money, Credit and Banking
| Jan 2014 |
Research Publications
|
Financial Intermediation,
| 2014 | Bank Capital, Interbank Markets, Liquidity Coinsurance |
Lóránth, Gyöngyi
Feriozzi, Fabio
Castiglionesi, Fabio
Pelizzon, Loriana
| 1388530800 | Published Paper |
Professor,
|
Elia Berdin, Helmut Gründl | The Effects of a Low Interest Rate Environment on Life Insurers
The Geneva Papers on Risk and Insurance: Issues and Practice
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | Life Insurers, Interest Rate Guarantees, Risk Assessment, Solvency II |
Gründl, Helmut
Berdin, Elia
| 1420066800 | Published Paper | |
Ignazio Angeloni, Ester Faia, Marco Lo Duca | Monetary Policy and Risk Taking
Journal of Economic Dynamics and Control
| Jan 2015 |
Research Publications
|
Macro Finance
| 2015 | bank runs, risk taking, monetary policy |
Angeloni, Ignazio
Lo Duca, Marco
Faia, Ester
| 1420066800 | Published Paper | |
Dirk Bursian, Sven Fürth | Trust Me! I am a European Central Banker
Journal of Money, Credit and Banking
| Dec 2015 |
Research Publications
|
Macro Finance,
| 2015 | Central Banking, European Central Bank, Financial Crisis, Fiscal Crisis, Trust |
Fürth, Sven
Bursian, Dirk
| 1448924400 | Published Paper | |
Tobias Tröger | The Single Supervisory Mechanism – Panacea or Quack Banking Regulation?
European Business Organization Law Review
| Jan 2014 |
Research Publications
|
Financial Intermediation
| 2014 | prudential supervision, banking union, regulatory capture, political economy of bureaucracy, Single Supervisory Mechanism (SSM), European Central Bank (ECB), European Banking Authority (EBA) |
Tröger, Tobias
| 1388530800 | Published Paper |
Professor,
|
Axel Börsch-Supan, Alexander Ludwig, Edgar Vogel | Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation
Journal of Pension Economics & Finance
| Jan 2017 |
Research Publications
|
Household Finance,
Macro Finance
| 2017 | population aging, human capital, welfare, pension reform, retirement age, open economy |
Börsch-Supan, Axel
Vogel, Edgar
Ludwig, Alexander
| 1483225200 | Published Paper | |
Sascha Baghestanian, Todd B. Walker | Anchoring in Experimental Asset Markets
Journal of Economic Behavior & Organization
| Jan 2015 |
Research Publications
|
Financial Markets,
| 2015 | Experimental Asset Markets, Anchoring, Bubbles |
Walker, Todd B.
Baghestanian, Sascha
| 1420066800 | Published Paper | |
Helmut Gründl, Tobias Niedrig | The Effects of Contingent Convertible (CoCo) Bonds on Insurers’ Capital Requirements under Solvency II
The Geneva Papers on Risk and Insurance: Issues and Practice
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | Contingent Convertible Capital, CoCo Bond, Basel III, Solvency II, Life Insurance, Interconnectedness |
Niedrig, Tobias
Gründl, Helmut
| 1420066800 | Published Paper | |
Tobias Niedrig | Optimal Asset Allocation for Interconnected Life Insurers in the Low Interest Rate Environment Under Solvency Regulation
Journal of Insurance Issues
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | Basel III, Solvency II, Life Insurance, Interest Rate Guarantees, Asset Allocation, Contagion, Interconnectedness |
Niedrig, Tobias
| 1420066800 | Published Paper | |
Dirk Bursian, Alfons J. Weichenrieder, Jochen Zimmer | Trust in Government and Fiscal Adjustments
International Tax and Public Finance
| Aug 2015 |
Research Publications
|
Macro Finance,
| 2015 | trust, debt sustainability, fiscal reaction function, euro area, EU |
Zimmer, Jochen
Weichenrieder, Alfons J.
Bursian, Dirk
| 1438380000 | Published Paper | |
Daniel Harenberg, Alexander Ludwig | Social Security in an Analytically Tractable Overlapping Generations Model with Aggregate and Idiosyncratic Risk
International Tax and Public Finance
| Aug 2015 |
Research Publications
|
Household Finance,
Macro Finance
| 2015 | social security, idiosyncratic risk, aggregate risk, welfare, insurance, crowding out |
Harenberg, Daniel
Ludwig, Alexander
| 1438380000 | Published Paper | |
Tobias Tröger | Regulatory Influence on Market Conditions in the Banking Union
European Business Organization Law Review
| Jan 2015 |
Research Publications
|
Financial Intermediation
| 2015 | banking union, macro-prudential supervision, real estate lending, bail-in, market discipline |
Tröger, Tobias
| 1420066800 | Published Paper |
Professor,
|
Nicole Branger, Christian Schlag, Lue Wu | "Nobody is Perfect": Asset Pricing and Long-Run Survival When Heterogeneous Investors Exhibit Different Kinds of Filtering Errors
Journal of Economic Dynamics and Control
| Jul 2015 |
Research Publications
|
Financial Markets
| 2015 | General Equilibrium, Asset Allocation, Learning, Different Beliefs, Over-Confidence |
Wu, Lue
Branger, Nicole
Schlag, Christian
| 1435701600 | Published Paper |
Professor,
|
Nicole Branger, Holger Kraft, Christoph Meinerding | The Dynamics of Crises and the Equity Premium
Review of Financial Studies
| Jan 2016 |
Research Publications
|
Financial Markets,
| 2016 | General Equilibrium, Asset Pricing, Recursive Preferences, Long-Run Risk, Disaster Models |
Kraft, Holger
Branger, Nicole
Meinerding, Christoph
| 1451602800 | Published Paper | |
Anne-Caroline Hüser | Too Interconnected to Fail: A Survey of the Interbank Networks Literature
Journal of Network Theory in Finance
| Jan 2015 |
Research Publications
|
Macro Finance
| 2015 | Interbank networks, systemic risk, contagion, banking, macro-prudential policy |
Hüser, Anne-Caroline
| 1420066800 | Published Paper | |
Marius Ascheberg, Nicole Branger, Holger Kraft, Frank Thomas Seifried | When Do Jumps Matter for Portfolio Optimization?
Quantitative Finance
| Jan 2016 |
Research Publications
|
Financial Markets
| 2016 | Optimal investment, jumps, stochastic volatility, welfare loss |
Ascheberg, Marius
Kraft, Holger
Seifried, Frank Thomas
Branger, Nicole
| 1451602800 | Published Paper | |
Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio, Jun Uno | Sovereign Credit Risk, Liquidity, and ECB Intervention: Deus Ex Machina?
Journal of Financial Economics
| Oct 2016 |
Research Publications
|
Financial Markets,
| 2016 | Liquidity, Credit Risk, Euro-zone Government Bonds, Financial Crisis, MTS Bond Market |
Uno, Jun
Subrahmanyam, Marti
Tomio, Davide
Pelizzon, Loriana
| 1475272800 | Published Paper |
Professor,
|
Christoph Hambel, Holger Kraft, Lorenz Schendel, Mogens Steffensen | Life Insurance Demand under Health Shock Risk
Journal of Risk and Insurance
| Dec 2017 |
Research Publications
|
Household Finance
| 2017 | Health shocks, Portfolio choice, Term life insurance, Mortality risk, Labor income risk |
Schendel, Lorenz
Steffensen, Mogens
Hambel, Christoph
Kraft, Holger
| 1512082800 | Published Paper | |
Baptiste Massenot, Stéphane Straub | Informal Sector and Economic Growth: The Credit Supply Channel
Economic Inquiry
| Apr 2016 |
Research Publications
|
Macro Finance
| 2016 | |
Straub, Stéphane
Massenot, Baptiste
| 1459461600 | Published Paper | |