03 Dec 2025

SAFE researchers awarded for outstanding papers

Papers in three categories awarded for the first time

Photo from the first SAFE Best Paper Awards ceremony on 26 November 2025. From left to right: Florian Heider, Loriana Pelizzon, Christine Laudenbach, Markus Eyting, Peter Andre

On 26 November 2025, at the annual meeting of the Society for the support of the Leibniz Institute for Financial Research SAFE (Support Association), the SAFE Best Paper Awards were conferred for the first time. The recognized categories included the Best Policy Publication, the Best Research Publications, awarded by the SAFE Support Association, and the Best Junior Research Papers, one of which was sponsored by the Deutsche Bundesbank.

Congratulations to the winners:

Best Policy Publication: A member of the Support Association together with members of SAFE’s Research and Policy Advisory Councils awarded a paper published in the SAFE Policy Publication series that reflects great impact - “Growth of non-bank financial intermediaries, financial stability, and monetary policy (prepared for the ECB forum)” by Loriana Pelizzon and Jonas Schlegel, co-authored with Riccardo Mattiello. 

Best Research Publications: The Support Association acknowledged all SAFE researchers who published an article in the most prestigious peer-reviewed journals throughout the last year.

1. Peter Andre for “Shallow Meritocracy”; 2. Markus Eyting for “A Natural Experiment on the Effect of Herpes Zoster Vaccination on Dementia” (co-authored with Seunghun Chung, Pascal Geldsetzer, Simon Heß, Felix Michalik, and Min Xie); 3. Christine Laudenbach for “Personal Communication in an Automated World: Evidence from Loan Repayments” (co-authored with Stephan Siegel); and 4. Loriana Pelizzon for “Central Bank-Driven Mispricing” (co-authored with Marti Subrahmanyam, and Davide Tomio). 

Best Junior Research Papers: Deutsche Bundesbank and the SAFE Support Association each sponsored one of the prizes, which were chosen by a committee of selected Research Advisory Council members: 1. Winta Beyene for “Disasters and Lending Signals: From Borrower Information to Community Characteristics”; and 2. Jakob Famulok for “Do Investors Use Sustainable Assets as Carbon Offsets?” (co-authored with Emily Kormanyos and Daniel Worring).

The winners of the Best Policy Publication Loriana Pelizzon (far left) and Jonas Schlegel (second from right) together with Matthias Danne (second from left), Chairperson of the SAFE Support Association, and Florian Heider (far right), SAFE Scientific Director
The winners of the Best Policy Publication Loriana Pelizzon (far left) and Jonas Schlegel (second from right) together with Matthias Danne (second from left), Chairperson of the SAFE Support Association, and Florian Heider (far right), SAFE Scientific Director
The winners of the Best Junior Research Paper Awards Winta Beyene (second from right) and Jakob Famulok (second from left) together with Ulf Slopek (far right), Deutsche Bundesbank, and Florian Heider (far left), SAFE Scientific Director
The winners of the Best Junior Research Paper Awards Winta Beyene (second from right) and Jakob Famulok (second from left) together with Ulf Slopek (far right), Deutsche Bundesbank, and Florian Heider (far left), SAFE Scientific Director