| 427 | Gül Demirtaş, Christian Strenger, Tobias Tröger | Sustainability Skills Disclosure For Boards: An Essential Prerequisite For Assessing Sustainability Competence
SAFE Working Paper No. 427
| Aug 2024 |
Working Papers
|
Law and Finance
| 2024 | Corporate Governance, Corporate Boards, Sustainability Skills, Disclosure, ESG |
Demirtaş, Gül
Strenger, Christian
Tröger, Tobias
| 1722463200 | SAFE Working Paper |
Professor,
| |
| 426 | Peter Andre,
Ingar Haaland, Christopher Roth, Mirko Wiederholt,
Johannes Wohlfart | Narratives about the Macroeconomy
SAFE Working Paper No. 426
| Sep 2024 |
Working Papers
|
Household Finance,
| 2024 | Narratives, Expectation Formation, Causal Reasoning, Inflation |
Andre, Peter
Haaland, Ingar
Roth, Christopher
Wiederholt, Mirko
Wohlfart, Johannes
| 1725141600 | SAFE Working Paper | | |
| 425 | Leo Kaas,
Georgi Kocharkov, Nicolas Syrichas | Understanding Spatial House Price Dynamics in a Housing Boom
SAFE Working Paper No. 425
| Aug 2024 |
Working Papers
|
Macro Finance
| 2024 | House price dispersion, Spatial housing markets, Search frictions in housing markets |
Kaas, Leo
Kocharkov, Georgi
Syrichas, Nicolas
| 1722463200 | SAFE Working Paper | | |
| 424 | Matteo Bagnara | The Economic Value of Cross-Predictability: A Performance-Based Measure
SAFE Working Paper No. 424
| Jul 2024 |
Working Papers
|
Financial Markets
| 2024 | Empirical Asset Pricing, Portfolio Choice, Expected Returns, Cross-Predictability |
Bagnara, Matteo
| 1719784800 | SAFE Working Paper | | |
| 423 | Tobias Berg,
Florian Heider | Leverage and Risk-Taking in a Dynamic Model
SAFE Working Paper No. 423
| Jul 2024 |
Working Papers
|
Financial Intermediation
| 2024 | leverage, risk-taking incentives, dynamic model |
Berg, Tobias
Heider, Florian
| 1719784800 | SAFE Working Paper |
Professor,
Professor,
| |
| 422 | Julian Detemple | Thoughts about the Dictator and Trust Game
SAFE Working Paper No. 422
| Jun 2024 |
Working Papers
|
Household Finance,
| 2024 | |
Detemple, Julian
| 1717192800 | SAFE Working Paper | | |
| 421 | Claes Bäckman, Patrick Moran, Peter van Santen | Mortgage Design, Repayment Schedules, and Household Borrowing
SAFE Working Paper No. 421
| Jun 2024 |
Working Papers
|
Household Finance,
Macro Finance
| 2024 | |
Bäckman, Claes
Moran, Patrick
van Santen, Peter
| 1717192800 | SAFE Working Paper | | |
| 420 | Konstantin Bräuer, Andreas Hackethal,
Tobin Hanspal, Samuel M. Hartzmark | Educating Investors about Dividends
SAFE Working Paper No. 420
| May 2024 |
Working Papers
|
Household Finance
| 2024 | |
Hackethal, Andreas
Hanspal, Tobin
Hartzmark, Samuel M.
Bräuer, Konstantin
| 1714514400 | SAFE Working Paper |
Professor,
| |
| 419 | Andreas Hackethal,
Philip Schnorpfeil, Michael Weber | Inflation and Trading
SAFE Working Paper No. 419
| May 2024 |
Working Papers
|
Household Finance
| 2024 | |
Schnorpfeil, Philip
Weber, Michael
Hackethal, Andreas
| 1714514400 | SAFE Working Paper |
Professor,
| |
| 418 | Ioannis Asimakopoulos, Tobias Tröger | Reform of the CMDI Framework – Driving Off With the Breaks On
SAFE Working Paper No. 418
| May 2024 |
Working Papers
|
Financial Intermediation,
Law and Finance
| 2024 | bank resolution, CMDI, EDIS, bail-in, transfer strategies, MREL, Banking Union |
Asimakopoulos, Ioannis
Tröger, Tobias
| 1714514400 | SAFE Working Paper |
Professor,
| |
| 417 | Thiago Fauvrelle, Max Riedel,
Mathias Skrutkowski | Collateral Pledgeability and Asset Manager Portfolio Choices During Redemption Waves
SAFE Working Paper No. 417
| Apr 2024 |
Working Papers
|
Financial Intermediation
| 2024 | |
Riedel, Max
Skrutkowski, Mathias
Fauvrelle, Thiago
| 1711922400 | SAFE Working Paper | | |
| 416 | Olga Balakina,
Claes Bäckman, Anastasiia Parakhoniak | Beyond Connectivity: Stock Market Participation in a Network
SAFE Working Paper No. 416
| Mar 2023 |
Working Papers
|
Household Finance
| 2023 | |
Balakina, Olga
Bäckman, Claes
Parakhoniak, Anastasiia
| 1677625200 | SAFE Working Paper | | |
| 415 | 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,
Professor,
| |
| 414 | 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
| | 2024 | |
Andre, Peter
Falk, Armin
Boneva, Teodora
Chopra, Felix
| 1706742000 | SAFE Working Paper | | |
| 413 | Errikos Melissinos | Real Term Premia in Consumption-Based Models
SAFE Working Paper No. 413
| Jan 2024 |
Working Papers
|
Macro Finance,
| 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 | | |
| 412 | 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,
| |
| 411 | Peter Andre,
Marc Kaufmann, Botond Köszegi | Understanding Markets with Socially Responsible Consumers
SAFE Working Paper No. 411
| Dec 2023 |
Working Papers
| | 2023 | |
Kaufmann, Marc
Andre, Peter
Köszegi, Botond
| 1701385200 | SAFE Working Paper | | |
| 410 | 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 | | |
| 409 | 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
|
Household Finance,
| 2023 | |
Bauer, Kevin
Chen, Yan
Hett, Florian
Kosfeld, Michael
| 1701385200 | SAFE Working Paper |
Professor,
| |
| 408 | 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,
| |
| 407 | 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 | | |
| 406 | Peter Andre,
Philipp Schirmer, Johannes Wohlfart | Mental Models of the Stock Market
SAFE Working Paper No. 406
| Nov 2023 |
Working Papers
|
Financial Markets,
| 2023 | |
Andre, Peter
Schirmer, Philipp
Wohlfart, Johannes
| 1698793200 | SAFE Working Paper | | |
| 405 | Peter Andre | Shallow Meritocracy
SAFE Working Paper No. 405
| Oct 2023 |
Working Papers
| | 2023 | |
Andre, Peter
| 1696111200 | SAFE Working Paper | | |
| 404 | 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 | | |
| 403 | 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 | | |
| 402 | 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,
| |
| 401 | 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,
| |
| 400 | 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,
| |
| 399 | 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 | | |
| 398 | 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 | | |
| 397 | 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 | | |
| 396 | 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 | | |
| 395 | Ruggero Jappelli, Loriana Pelizzon,
Marti Subrahmanyam | Monetary Policy, the Yield Curve, and the Repo Market
SAFE Working Paper No. 395
| Jul 2023 |
Working Papers
|
Financial Markets
| 2023 | |
Jappelli, Ruggero
Pelizzon, Loriana
Subrahmanyam, Marti
| 1688162400 | SAFE Working Paper |
Professor,
| |
| 394 | 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,
| |
| 393 | 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,
| |
| 392 | 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 | | |
| 391 | 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 |
Professor,
| |
| 390 | 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 | | |
| 389 | 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 | | |
| 388 | 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 | | |
| 387 | 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 | | |
| 386 | 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 | | |
| 385 | 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 | | |
| 384 | 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,
| |
| 383 | 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 | | |
| 382 | 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 | | |
| 381 | Olga Goldfayn-Frank, Nathanael Vellekoop | The Role of Personality Traits in Household Loan Expectations and Borrowing Constraints
SAFE Working Paper No. 381
| Feb 2023 |
Working Papers
|
Financial Intermediation,
Household Finance
| 2023 | |
Goldfayn-Frank, Olga
Vellekoop, Nathanael
| 1675206000 | SAFE Working Paper | | |
| 380 | 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 Intermediation,
| 2023 | |
Hillert, Alexander
Niessen-Ruenzi, Alexandra
Ruenzi, Stefan
| 1675206000 | SAFE Working Paper |
Professor,
| |
| 379 | 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,
| |
| 378 | 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 | | |
| 377 | 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 | | |
| 376 | 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 | | |
| 375 | 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 | | |
| 374 | 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 | | |
| 373 | 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,
| |
| 372 | 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,
| |
| 371 | 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,
| |
| 370 | 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,
| |
| 369 | 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,
| |
| 368 | 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 | | |
| 367 | 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 | | |
| 366 | 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 | | |
| 365 | 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 | | |
| 364 | 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 | | |
| 363 | Kevin Bauer, Oliver Hinz,
Johanna Jagow, 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 | |
von Zahn, Moritz
Bauer, Kevin
Jagow, Johanna
Speicher, Maximilian
Hinz, Oliver
| 1664575200 | SAFE Working Paper |
Professor,
| |
| 362 | 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,
| |
| 361 | 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 | | |
| 360 | 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 | | |
| 359 | Spencer Yongwook Kwon, Yueran Ma, Niklas Kaspar Zimmermann | 100 Years of Rising Corporate Concentration
SAFE Working Paper No. 359
| Sep 2022 | |
Macro Finance
| 2022 | Corporate concentration, economies of scale |
Kwon, Spencer Yongwook
Ma, Yueran
Zimmermann, Niklas Kaspar
| 1661983200 | SAFE Working Paper | | |
| 358 | 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 | | |
| 357 | 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,
| |
| 356 | 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 | | |
| 355 | 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 | | |
| 354 | 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 | | |
| 353 | 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,
| |
| 352 | 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,
| |
| 351 | 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 | | |
| 350 | 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,
Professor,
| |
| 349 | 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 |
Professor,
| |
| 348 | 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 | | |
| 347 | 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 | | |
| 346 | 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 | | |
| 345 | 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,
| |
| 344 | 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 | | |
| 343 | 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 | | |
| 342 | 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 | | |
| 341 | 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 | | |
| 340 | 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,
| |
| 339 | 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 | | |
| 338 | 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 | | |
| 337 | 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 | | |
| 336 | 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 | | |
| 335 | 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 | | |
| 334 | 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,
| |
| 333 | 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 | | |
| 332 | 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 | | |
| 331 | 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 |
Professor,
| |
| 330 | 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,
| |
| 329 | 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,
| |
| 328 | 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 | | |
| 327 | 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,
| |
| 326 | 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 | | |
| 325 | 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 | | |
| 324 | 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 | | |
| 323 | 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 | | |
| 322 | 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,
| |
| 321 | 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 | | |
| 320 | 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,
| |
| 319 | 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 | | |
| 318 | 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,
| |
| 317 | 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,
| |
| 316 | 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 Payments, Board Appointments, Bank Recapitalization |
Mücke, Christian
Thakor, Anjan
Pezone, Vincenzo
Pelizzon, Loriana
| 1625090400 | SAFE Working Paper |
Professor,
| |
| 315 | 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,
| |
| 314 | 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,
| |
| 313 | 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 | | |
| 312 | Can Gao, Ian Martin | Volatility, Valuation Ratios, and Bubbles: An Empirical Measure of Market Sentiment
SAFE Working Paper No. 312
| Mar 2021 |
Working Papers
|
Financial Markets
| 2021 | bubbles, Option prices, sentiment, valuation ratios, volatility |
Martin, Ian
Gao, Can
| 1614553200 | SAFE Working Paper | | |
| 311 | 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 | | |
| 310 | 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,
| |
| 309 | 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,
| |
| 308 | 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 | | |
| 307 | 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
|
Household 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 | | |
| 306 | 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 | | |
| 305 | 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 | | |
| 304 | 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,
| |
| 303 | 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,
| |
| 302 | 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 | | |
| 301 | 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 | | |
| 300 | 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,
| |
| 299 | 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 | | |
| 298 | 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,
| |
| 297 | 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 | | |
| 296 | 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 | | |
| 295 | 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 | | |
| 294 | 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 | | |
| 293 | 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 | | |
| 292 | 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 | | |
| 291 | 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,
| |
| 290 | 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 | | |
| 289 | Christian Schlag,
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
Thimme, Julian
| 1598911200 | SAFE Working Paper |
Professor,
| |
| 288 | 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,
| |
| 287 | 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,
| |
| 286 | 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,
| |
| 285 | 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,
| |
| 284 | 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 |
Professor,
| |
| 283 | 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 | | |
| 282 | 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 | | |
| 281 | 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 | | |
| 280 | 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,
| |
| 279 | 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 | | |
| 278 | 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 | | |
| 277 | 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,
| |
| 276 | 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,
| |
| 275 | 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,
| |
| 274 | 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 | | |
| 273 | 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 | | |
| 272 | 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,
| |
| 271 | 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,
| |
| 270 | 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,
| |
| 269 | 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 | | |
| 268 | 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 | | |
| 267 | 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 | | |
| 266 | 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 | | |
| 265 | 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,
| |
| 264 | 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,
| |
| 263 | 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 | | |
| 262 | 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,
| |
| 261 | 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,
| |
| 260 | 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,
| |
| 259 | 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 | | |
| 258 | 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 | | |
| 257 | 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 | | |
| 256 | 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,
| |
| 255 | 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,
| |
| 254 | 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 | | |
| 253 | 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 | | |
| 252 | 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,
| |
| 251 | 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 | | |
| 250 | 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 | | |
| 249 | 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 | | |
| 248 | 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 | | |
| 247 | 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,
| |
| 246 | 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 | | |
| 245 | 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,
| |
| 244 | 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 | | |
| 243 | 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 | | |
| 242 | 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 | | |
| 241 | 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 | | |
| 240 | 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 | | |
| 239 | 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 | | |
| 238 | 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 | | |
| 237 | 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 | | |
| 236 | 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 | | |
| 235 | 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,
| |
| 234 | 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 | | |
| 233 | 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 | | |
| 232 | 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 | | |
| 231 | 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 | | |
| 230 | 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,
| |
| 229 | 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 | | |
| 228 | 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 | | |
| 227 | 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,
| |
| 226 | 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,
| |
| 225 | 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,
| |
| 224 | 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,
| |
| 223 | 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 | | |
| 222 | 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 | | |
| 221 | 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 | | |
| 220 | 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 | | |
| 219 | 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,
| |
| 218 | 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 | | |
| 217 | 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 | | |
| 216 | 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 | | |
| 215 | 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 | | |
| 214 | 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 | | |
| 213 | 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 | | |
| 212 | 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 | | |
| 211 | 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 | | |
| 210 | 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,
| |
| 209 | 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 | | |
| 208 | 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 | | |
| 207 | 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 | | |
| 206 | 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,
| |
| 205 | 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 | | |
| 204 | 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,
| |
| 203 | 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 | | |
| 202 | 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,
| |
| 201 | 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 | | |
| 200 | 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 | | |
| 199 | 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,
| |
| 198 | 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 | | |
| 197 | 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 | | |
| 196 | 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 | | |
| 195 | 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 | | |
| 194 | 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 | | |
| 193 | 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,
| |
| 192 | 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 | | |
| 191 | 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,
| |
| 190 | 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 | | |
| 189 | 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 | | |
| 188 | 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 | | |
| 187 | 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 | | |
| 186 | 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,
| |
| 185 | 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 | | |
| 184 | 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,
| |
| 183 | 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 | | |
| 182 | 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,
| |
| 181 | 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 | | |
| 180 | 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,
| |
| 179 | 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,
| |
| 178 | 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 | | |
| 177 | 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,
| |
| 176 | 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 | | |
| 175 | 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 | | |
| 174 | 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 | | |
| 173 | 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 | | |
| 172 | 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 | | |
| 171 | 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 | | |
| 170 | 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 | | |
| 169 | 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 | | |
| 168 | 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 | | |
| 167 | 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 | | |
| 166 | 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,
| |
| 165 | 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 | | |
| 164 | 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 | | |
| 163 | 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 | | |
| 162 | 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 | | |
| 161 | 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 | | |
| 160 | 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 | | |
| 159 | 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 | | |
| 158 | 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 | | |
| 157 | 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 | | |
| 156 | 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 | | |
| 155 | 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 | | |
| 154 | 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 | | |
| 153 | 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,
| |
| 152 | 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 | | |
| 151 | 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,
| |
| 150 | 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 | | |
| 149 | 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 | | |
| 148 | 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 | | |
| 147 | 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,
| |
| 146 | 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,
| |
| 145 | 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 | | |
| 144 | Mario Bellia, Loriana Pelizzon,
Marti Subrahmanyam,
Jun Uno,
Darya Yuferova | Pre-Opening Period, High-Frequency Trading, and Market Quality
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,
| |
| 143 | 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 | | |
| 142 | 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 | | |
| 141 | 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 | | |
| 140 | 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 | | |
| 139 | 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 | | |
| 138 | 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 | | |
| 137 | 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 | | |
| 136 | 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 | | |
| 135 | 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 | | |
| 134 | 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 | | |
| 133 | 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 |
Professor,
| |
| 132 | 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 |
Professor,
| |
| 131 | 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,
| |
| 130 | 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 | | |
| 129 | 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 | | |
| 128 | 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 | | |
| 127 | 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 | | |
| 126 | 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,
| |
| 125 | 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,
| |
| 124 | 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 | | |
| 123 | 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 | | |
| 122 | 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,
| |
| 121 | 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 | | |
| 120 | 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 | | |
| 119 | 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 | | |
| 118 | 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 | | |
| 117 | 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 | | |
| 116 | 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 | | |
| 115 | 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 | | |
| 114 | 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,
| |
| 113 | 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 | | |
| 112 | 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 | | |
| 111 | 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 | | |
| 110 | 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 | | |
| 109 | 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,
| |
| 108 | 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 | | |
| 107 | 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 | | |
| 106 | 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 | | |
| 105 | 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 | | |
| 104 | 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 | | |
| 103 | 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,
| |
| 102 | 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 | | |
| 101 | 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 | | |
| 100 | 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 | | |
| 99 | 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,
| |
| 98 | 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 | | |
| 97 | 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 | | |
| 96 | 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 | | |
| 95 | 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,
| |
| 94 | 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 | | |
| 93 | 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 | | |
| 92 | 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 | | |
| 91 | 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 | | |
| 90 | 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 | | |
| 89 | 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 | | |
| 88 | 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 | | |
| 87 | 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 | | |
| 86 | 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 | | |
| 85 | 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 | | |
| 84 | 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 | | |
| 83 | 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 | | |
| 82 | 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 | | |
| 81 | 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 | | |
| 80 | 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 | | |
| 79 | 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 | | |
| 78 | 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 | | |
| 77 | 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 | | |
| 76 | 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 | | |
| 75 | 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 |
Professor,
| |
| 74 | 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,
| |
| 73 | 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 | | |
| 72 | 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 | | |
| 71 | 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 | | |
| 70 | 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 | | |
| 69 | 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 | | |
| 68 | 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,
| |
| 67 | 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 | | |
| 66 | 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,
| |
| 65 | 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 | | |
| 64 | 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 | | |
| 63 | 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 | | |
| 62 | 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 | | |
| 61 | 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 | | |
| 60 | 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 | | |
| 59 | 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 | | |
| 58 | 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 | | |
| 57 | 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 | | |
| 56 | 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 | | |
| 55 | 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,
| |
| 54 | 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 | | |
| 53 | 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 | | |
| 52 | 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 | | |
| 51 | 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,
| |
| 50 | 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 | | |
| 49 | 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 | | |
| 48 | 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,
| |
| 47 | 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,
| |
| 46 | 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,
| |
| 45 | 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,
| |
| 44 | 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 | | |
| 43 | 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 | | |
| 42 | 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 | | |
| 41 | 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 | | |
| 40 | 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 | | |
| 39 | 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 | | |
| 38 | 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 | | |
| 37 | 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 | | |
| 36 | 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 | | |
| 35 | 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 | | |
| 34 | Nicole Branger,
Patrick Grüning, Holger Kraft,
Christoph Meinerding,
Christian Schlag | Asset Pricing Under Uncertainty About Shock Propagation
SAFE Working Paper No. 34
|
