books

SAFE Publications

Author/s Title Program Area Published Keywords
Monica Billio, Mila Getmansky Sherman, Loriana Pelizzon Non-Parametric Analysis of Hedge Fund Returns: New Insights from High Frequency Data

Journal of Alternative Investments

Financial Markets 2009 Hedge Funds, Risk Management, High frequency data
Elena Carletti, Tommaso Oliviero, Marco Pagano, Loriana Pelizzon, Marti Subrahmanyam The COVID-19 Shock and Equity Shortfall: Firm-level Evidence from Italy

forthcoming in The Review of Corporate Finance Studies

Financial Markets 2020 COVID-19, pandemics, losses, distress, equity, recapitalization.
Vanessa Endrejat, Matthias Thiemann When Brussels meets shadow banking- technical complexity, regulatory agency and the reconstruction of the shadow banking chain

Competition & Change

Financial Intermediation, Systemic Risk Lab 2020
Dimitrios Kostopoulos, Steffen Meyer, Charline Uhr Google Search Volume and Individual Investor Trading

Journal of Financial Markets

Household Finance 2020 Individual investorTrading behaviorInvestor sentiment
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities

Journal of Banking and Finance

Household Finance 2020 Life cycle savingHousehold financeAnnuityLongevity risk401(k) planRetirement
Elsa Massoc Politics of Banking in Europe: Global Banks and Domestic Institutional Legacies

E-International Relations

Financial Intermediation 2020
Christian Schlag, Julian Thimme, Rüdiger Weber Implied Volatility Duration: A Measure for the Timing of Uncertainty Resolution

forthcoming in Journal of Financial Economics

Financial Markets 2020 Preference for early resolution of uncertainty, implied volatility, cross-section of expected stock returns, asset pricing
Aleksey Kolokolov, Giulia Livieri, Davide Pirino Statistical Inferences for Price Staleness

Journal of Econometrics

Financial Markets 2020 staleness, idle time, liquidity, zero returns, stable convergence
Hengije Ai, Jun E. Li, Kai Li, Christian Schlag The Collateralizability Premium

forthcoming in Review of Financial Studies

Financial Markets 2020
Raimond Maurer, Olivia S. Mitchell Older Peoples' Willingness to Delay Social Security Claiming

forthcoming in Journal of Pension Economics and Finance

Household Finance 2020 Annuity; labor supply; lump sum; retirement age; social security
Jan Friedrich The Effect of Academic Literature on Accounting Regulation: Evidence from Leases in Germany

Accounting History Review

Financial Intermediation 2019
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell How will Persistent Low Expected Returns Shape Household Economic Behavior?

Journal of Pension Economics & Finance

Household Finance 2019
Andrea Bedin, Monica Billio, Michele Costola, Loriana Pelizzon Credit Scoring in SME Asset-Backed Securities: An Italian Case Study. Journal of Risk and Financial Management

Journal of Risk and Financial Management

Systemic Risk Lab 2019 credit scoring; probability of default; small and medium enterprises; asset-backed securities
Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré Pricing Sin Stocks: Ethical Preference vs. Risk Aversion

European Economic Review

Financial Markets 2019
Matthias Goldmann Foreign Investment, Sovereign Debt, and Human Rights

Sovereign Debt and Human Rights (Oxford University Press)

Financial Intermediation 2018 Foreign direct investment, regulatory power, expropriation, socio-economic rights, linkages
Burkard Eberlein, Sandra Eckert Private Authority in Tackling Cross-border Issues. The Hidden Path of Integrating European Energy Markets

Journal of European Integration

Financial Intermediation 2020
Erik Theissen, Christian Westheide Call of Duty: Designated Market Maker Participation in Call Auctions

Journal of Financial Markets

Financial Markets 2020
Christian Schlag, Kailin Zeng Horizontal Industry Relationships and Return Predictability

Journal of Empirical Finance

Financial Markets 2019 Connected industries, information flow, return predictability
Darien Huang, Christian Schlag, Ivan Shaliastovich, Julian Thimme Volatility-of-Volatility Risk

Journal of Financial and Quantitative Analysis

Financial Markets 2019
Nicole Branger, Patrick Konermann, Christian Schlag Optimists and Pessimists in (In)Complete Markets

forthcoming in Journal of Financial and Quantitative Analysis

Financial Markets 2019
Katja Langenbucher Interdisziplinäre Forschung im Unternehmensrecht – Auf dem Weg zu einer Cognitive Corporate Governance?

Zeitschrift für Unternehmens- und Gesellschaftsrecht

Law and Finance 2019
Tobias Tröger, Uwe Walz Does Say on Pay Matter? Evidence from Germany

European Company and Financial Law Review

Law and Finance, Transparency Lab 2019 Say-on-pay, corporate governance, management compensation
Sascha Baghestanian, Paul Gortner, Joël van der Weele Peer Effects and Risk Sharing in Experimental Asset Markets

European Economic Review

Household Finance, Financial Markets, Experiment Center 2019 peer effects, laboratory experiments, risk taking, asset markets
Tim Eisert, Christian Eufinger Interbank Networks and Backdoor Bailouts: Benefiting from Other Banks’ Government Guarantees

Management Science

Law and Finance, Systemic Risk Lab 2019 bailout, cycle flows, cyclical liabilities, interbank network, leverage
Roberto Casarin, Michele Costola Structural Changes in Large Economic Datasets: A Nonparametric Homogeneity Test

Economics Letters

Systemic Risk Lab 2019
Massimiliano Caporin, Michele Costola Asymmetry and Leverage in GARCH Models: A News Impact Curve Perspective

Applied Economics

Systemic Risk Lab 2019
Viral Acharya, Tim Eisert, Christian Eufinger, Christian Hirsch Whatever it Takes: The Real Effects of Unconventional Monetary Policy

Review of Financial Studies

Data Center, Financial Intermediation 2019
Holger Kraft, Claus Munk Predictors and Portfolios Over the Life Cycle

Journal of Banking and Finance

Household Finance 2019 Return predictability, human capital, housing, investments, welfare
Julia Hirsch, Uwe Walz The Financing Dynamics of Newly Founded Firms

Journal of Banking and Finance

Law and Finance 2019 financing decisions, life-cycle, firm growth, newly founded firms
Daniel Harenberg, Alexander Ludwig Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security

International Economic Review

Household Finance, Macro and Finance 2019 social security, idiosyncratic risk, aggregate risk, welfare
Holger Kraft Consumption-Portfolio Choice with Preferences for Cash

Journal of Economic Dynamics and Control

Household Finance 2019 consumption-portfolio choice, money in the utility function, stock demand, stochastic control
Peter Gomber, Ilya Gvozdevskiy Dark Trading under MiFID II

Regulation of the EU Financial Markets: MiFID II and MiFIR (Oxford University Press)

Financial Markets 2017
Jaakko Aspara, Arvid Hoffmann, Joost Pennings, Simone Wies Can Advertising Investments Counter the Negative Impact of Shareholder Complaints on Firm Value?

Journal of Marketing

Household Finance 2019
Massimiliano Caporin, Aleksey Kolokolov, Roberto Renò Systemic Co-Jumps

Journal of Financial Economics

Financial Markets, Systemic Risk Lab 2017 Jumps; Return predictability; Systemic events; Variance risk premium
Marcel Bluhm Persistent Liquidity Shocks and Interbank Funding

Journal of Financial Stability

Financial Intermediation, Systemic Risk Lab 2018 Financial fragility, Interbank market, Liquidity, Maturity, Network
Claudia Lambert, Felix Noth, Ulrich Schüwer How Do Banks React to Catastrophic Events? Evidence from Hurricane Katrina

Review of Finance

Financial Intermediation 2019 catastrophic events, bank regulation, capital ratios, natural experiment
Fabian Ochsenfeld The Relational Nature of Employment Dualization: Evidence from Subcontracting Establishments

European Sociological Review

Law and Finance 2018
Vasso Ioannidou, Jose Liberti, Thomas Mosk, Jason Sturgess Intended and Unintended Consequences of Government Credit Guarantee Programs

Finance and Investment: The European Case (Oxford University Press)

Financial Intermediation 2018
Nikolaus Fink, Philipp Schmidt-Dengler, Konrad Stahl, Christine Zulehner Registered Cartels in Austria: An Overview

European Journal of Law and Economics

Law and Finance 2017 Collusion, Cartels, Legal cartels, Contracts
Helmut Elsinger, Philipp Schmidt-Dengler, Christine Zulehner Competition in Treasury Auctions

American Economic Journal: Microeconomics

Law and Finance 2019 treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format
Michael Donadelli, Antonio Paradiso, Max Riedel A Quasi Real-Time Leading Indicator for the EU Industrial Production

The Manchester School

Financial Markets 2019 Leading indicator, EU industrial production, Granger causality, Turning points, Forward-looking Taylor rule
Reint Gropp, Thomas Mosk, Steven Ongena, Carlo Wix Bank Response to Higher Capital Requirements: Evidence from a Quasi-Natural Experiment

Review of Financial Studies

Financial Intermediation 2019 Bank capital ratios, Bank regulation, Credit supply
Michael Brennan, Holger Kraft Leaning Against the Wind: Debt Financing in the Face of Adversity

Financial Management

Financial Markets 2018 Capital structure, financing policy, managerial incentives
Tobias Tröger Too Complex to Work – A Critical Assessment of the Bail-in Tool under the European Bank Recovery and Resolution Regime

Journal of Financial Regulation

Financial Intermediation 2018
Massimiliano Caporin, Loriana Pelizzon, Francesco Ravazzolo, Roberto Rigobon Measuring Sovereign Contagion in Europe

Journal of Financial Stability

Financial Markets, Systemic Risk Lab 2018
Stephanie Collet, Kim Oosterlinck Denouncing Odious Debts

Journal of Business Ethics

Data Center, Financial Markets 2018 Ethics, Odious debt, Repudiation, Financial history, Sovereign debt, Russia
Massimiliano Caporin, Luca Corazzini, Michele Costola Measuring the Behavioural Component of the S&P 500 and its Relationship to Financial Stress and Aggregated Earnings Surprises

British Journal of Management

Financial Markets, Systemic Risk Lab 2019
Brigitte Haar Too-big-to-fail im Spannungsfeld von Wettbewerb und Regulierung

Festschrift für Theodor Baums zum siebzigsten Geburtstag (Mohr Siebeck)

Financial Intermediation 2017
Martin Haferkorn High-Frequency Trading and its Role in Fragmented Markets

Journal of Information Technology

Financial Markets 2017 Eelectronic market hypothesis, High-frequency trading, Market efficiency, Regulation, Securities trading
Markus Gangl Lohnbildung und Lohnverteilung

Arbeitsmarktsoziologie: Probleme, Theorien, empirische Befunde (Springer)

Law and Finance 2018
Iñaki Aldasoro, Domenico Delli Gatti, Ester Faia Bank Networks: Contagion, Systemic Risk and Prudential Policy

Journal of Economic Behavior and Organization

Macro and Finance 2017 Banking networks; Systemic risk; Contagion, Fire sales, Prudential regulation
Iñaki Aldasoro, Ester Faia Systemic Loops and Liquidity Regulation

Journal of Financial Stability

Macro and Finance 2016 Bank runs, Liquidity scarcity, Interconnections, Contagion, Phase-in
Steffen Andersen, Tobin Hanspal, Kasper Meisner Nielsen Once Bitten, Twice Shy: The Power of Personal Experiences in Risk Taking

Journal of Financial Economics

Household Finance 2019 Experiences, Risk taking, Financial crisis, Household finance
Patrick Grüning Heterogeneity in the Internationalization of R&D: Implications for Anomalies in Finance and Macroeconomics

Finance Research Letters

Financial Markets 2018 Heterogeneous innovation; Technology spillover; Endogenous growth; Creative destruction; International finance
Massimiliano Caporin, Michele Costola, Gregory Jannin, Bertrand B. Maillet On the (Ab)use of Omega?

Journal of Empirical Finance

Systemic Risk Lab 2018 Performance measure Omega Return distribution Risk Stochastic dominance
Benjamin Clapham, Peter Gomber, Martin Haferkorn, Paul Jentsch, Sven Panz Ensuring Market Integrity and Stability: Circuit Breakers on International Trading Venues

Journal of Trading

Financial Markets 2017
Fabrizio Lillo, Loriana Pelizzon, Michael Schneider Modelling Illiquidity Spillovers with Hawkes Processes: An Application to the Sovereign Bond Market

Quantitative Finance

Financial Markets, Systemic Risk Lab 2018 Liquidity, Jump detection, Hawkes processes, Government bonds, MTS bond market
Luca Enriques, Tobias Tröger The Law and Finance of Related Party Transactions

Cambridge University Press

Law and Finance 2019
Monica Billio, Michele Costola, Roberto Panzica, Loriana Pelizzon Systemic Risk and Financial Interconnectedness: Network Measures and the Impact of the Indirect Effect

Systemic Risk Tomography: Signals, Measurement and Transmission Channels (ISTE Press - Elsevier)

Financial Intermediation, Systemic Risk Lab 2016 systemic measures, connectedness measures, financial network, financial institutions, hedge funds, loss measures, quantile regressions, CoVaR, global network measures, local network measures, loss prediction, Settore SECS-P/05 - Econometria
Nicole Branger, Paulo Rodrigues, Christian Schlag Level and Slope of Volatility Smiles in Long-Run Risk Models

Journal of Economic Dynamics and Control

Financial Markets, Systemic Risk Lab 2018 Asset pricing, Epstein-Zin preferences, jump risk, stochastic volatility, level and slope of implied volatility smile
Juan Pablo Bohoslavsky, Matthias Goldmann Sovereign Debt Sustainability as a Principle of Public International Law: An Incremental Approach to Sovereign Debt Restructuring

Yale Journal of International Law

Financial Intermediation 2016 sovereign debt restructuring, international law, collective action clauses, debt sustainability, legal principles, holdout creditors, holdout litigation
Matthias Goldmann, Silvia Steininger A Discourse Theoretical Approach to Sovereign Debt Restructuring: Towards a Democratic Financial Order

German Law Journal

Financial Intermediation 2016 democracy, finance, role of law, discourse theory, Habermas, sovereign debt, cleavages
Matthias Goldmann, Ingo Venzke, Armin von Bogdandy From Public International to International Public Law: Translating World Public Opinion into International Public Authority

European Journal of International Law

Financial Intermediation 2017 international organizations, global governance, world public opinion, public authority, soft law
Matthias Goldmann International Investment Law and Financial Regulation: Towards a Deliberative Approach

International Investment Law and the Global Financial Architecture (Edward Elgar)

Financial Intermediation 2017 international investment law, financial regulation, deliberation, monetary policy, sovereign debt
Fabian Ochsenfeld Mercantilist Dualization: The Introduction of the Euro, Redistribution of Industry Rents, and Wage Inequality in Germany, 1993–2008

Socio-Economic Review

Macro and Finance 2018 distribution, manufacturing, causal mechanisms, political economy, Germany, Europe
Alexander Bick, Nicola Fuchs-Schündeln Quantifying the Disincentive Effects of Joint Taxation on Married Women’s Labor Supply

American Economic Review: Papers & Proceedings

Macro and Finance 2017 Tax Law, Fiscal Policies, Behavior of Economic Agents, Household
Jan Friedrich, Matthias Thiemann Much Ado about Nothing? Macro-Prudential Ideas and the Post-Crisis Regulation of Shadow Banking

Kölner Zeitschrift für Soziologie und Sozialpsychologie

Financial Intermediation 2018 financial regulation, shadow banking, epistemic authority, private risk-management
Holger Kraft, Claus Munk, Sebastian Wagner Housing Habits and Their Implications for Life-Cycle Consumption and Investment

Review of Finance

Household Finance 2018 Habit formation, life-cycle household decisions, housing expenditure share, consumption hump, stock market participation, renting vs. owning home, human capital
Michael Donadelli, Marcus Jüppner, Max Riedel, Christian Schlag Temperature Shocks and Welfare Costs

Journal of Economic Dynamics and Control

Financial Markets 2017 Temperature shocks, long-run growth, asset prices, welfare costs, adaptation
Holger Kraft, Eduardo S. Schwartz Growth Options and Firm Valuation

European Financial Management

Financial Markets 2018 Firm valuation, Real options, Volatility, R&D expenses
Martin Götz Competition and Bank Stability

Journal of Financial Intermediation

Financial Intermediation 2018 Risk, Stability, Competition, Contestability, Entry, Lending
Giuliano Curatola Portfolio Choice and Asset Prices when Preferences are Interdependent

Journal of Economic Behavior & Organization

Macro and Finance 2017 Asset pricing; General equilibrium; heterogeneous investors; interdependent preferences; portfolio choice
Andreas Hubener, Raimond Maurer, Olivia S. Mitchell How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios

Review of Financial Studies

Household Finance 2016
Giuliano Curatola Optimal Portfolio Choice with Loss Aversion Over Consumption

Quarterly Review of Economics and Finance

Financial Markets 2017 Loss-aversion, Habit-formation, Consumption–portfolio choice
Stefano Colonnello, Giuliano Curatola, Ngoc Giang Hoang Direct and Indirect Risk-Taking Incentives of Inside Debt

Journal of Corporate Finance

Law and Finance 2017 Inside Debt, Credit Spreads, Risk-Taking
Jan Pieter Krahnen, Felix Noth, Ulrich Schüwer Structural Reforms in Banking: The Role of Trading

Journal of Financial Regulation

Financial Intermediation 2017 banking, structural reforms, prohibition of proprietary trading, banking separation
Patrick Grüning International Endogenous Growth, Macro Anomalies, and Asset Prices

Journal of Economic Dynamics and Control

Financial Markets 2017 Innovation, Technology spillover, Endogenous growth, Long-run risk, International finance
Gabriele Camera, Alessandro Gioffré Asymmetric Social Norms

Economics Letters

Money and Finance 2017 cooperation, repeated games, social dilemmas
Rainer Haselmann, David Schoenherr, Vikrant Vig Rent-Seeking in Elite Networks

Journal of Political Economy

Law and Finance, Financial Intermediation 2018 -
Michael Donadelli, Renatas Kizys, Max Riedel Dangerous Infectious Diseases: Bad News for Main Street, Good News for Wall Street?

Journal of Financial Markets

Financial Markets 2017 WHO alerts, investor sentiment, pharmaceutical industry, trading strategies
Martin Götz, Luc Laeven, Ross Levine Identifying the Valuation Effects and Agency Costs of Corporate Diversification: Evidence from the Geographic Diversification of US Banks

Review of Financial Studies

Financial Intermediation 2013
Brigitte Haar "Comply or Explain" im Spannungsfeld von Law and Finance

100 Jahre Rechtswissenschaft in Frankfurt (Vittorio Klostermann)

Law and Finance 2014
Monica Billio, Michael Donadelli, Antonio Paradiso, Max Riedel Which Market Integration Measure?

Journal of Banking and Finance

Financial Markets 2016 Equity market integration, dynamic correlation, principal components, international diversification benefits
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek Will They Take the Money and Work? An Empirical Analysis of People’s Willingness to Delay Claiming Social Security Benefits for a Lump Sum

Journal of Risk and Insurance

Household Finance 2018 Annuity, lump sum, Social Security, delayed retirement, lifetime income, pension
Florian Hett, Alexander Schmidt Bank Rescues and Bailout Expectations: The Erosion of Market Discipline During the Financial Crisis

Journal of Financial Economics

Financial Intermediation, Transparency Lab, Experiment Center 2017 Bailout, Implicit Guarantees, Too-Big-To-Fail, Market Discipline
Sascha Baghestanian, Paul Gortner, Baptiste Massenot Compensation Schemes, Liquidity Provision, and Asset Prices: An Experimental Analysis

Experimental Economics

Law and Finance, Experiment Center 2017 compensation, liquidity, experimental asset markets, bubbles
Christian Eufinger, Andrej Gill Incentive-Based Capital Requirements

Management Science

Law and Finance, Transparency Lab, Experiment Center 2017 Basel III, capital regulation, compensation, leverage, risk
Tomaso Aste, Loriana Pelizzon, Nicolas Perony, Paolo Tasca Banking Beyond Banks and Money. A Guide to Banking Services in the Twenty-First Century

Banking Beyond Banks and Money: A Guide to Banking Services in the Twenty-First Century (Springer)

Financial Intermediation, Systemic Risk Lab 2016
Michael Kosfeld, Ulrich Schüwer Add-On Pricing in Retail Financial Markets and the Fallacies of Consumer Education

Review of Finance

Household Finance, Experiment Center 2017 consumer education,financial literacy, bounded rationality, competition, regulation
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide Competition Between Equity Markets: A Review of the Consolidation Versus Fragmentation Debate

Journal of Economic Surveys

Financial Markets 2017 Competition, Fragmentation, Market Structure, Liquidity, Price Discovery
Holger Kraft, Thomas Seiferling, Frank Thomas Seifried Optimal Consumption and Investment with Epstein-Zin Recursive Utility

Finance and Stochastics

Financial Markets 2017 consumption-portfolio choice, asset pricing, stochastic differential utility, incomplete markets, fixed point approach, FBSDE
Shafik Hebous, Alfons J. Weichenrieder Toward a Mutualization of European Unemployment Insurance? On Limiting the Downsides of a Fiscal Transfer System for the Eurozone

CESifo Economic Studies

Macro and Finance 2016 EMU, Eurozone, European unemployment insurance, fiscal transfers
Mohamed Aldegwy, Matthias Thiemann Von mikro- zu makroprudenzieller Regulierung

Die Innenwelt der Ökonomie: Wissen, Macht und Performativität in der Wirtschaftswissenschaft (Springer)

Macro and Finance 2016 Banking Regulation, Systemic Risk, Formalism, Equilibrium Thinking, Discourse, Citation Network Analysis
Brigitte Haar Freedom of Contract and Financial Stability

European Business Organization Law Review

Systemic Risk Lab, Law and Finance 2016
Michael Donadelli, Patrick Grüning Labor Market Dynamics, Endogenous Growth and Asset Prices

Economics Letters

Financial Markets 2016 http://www.sciencedirect.com/science/article/pii/S0165176516300933
Holger Kraft, Claus Munk, Frank Thomas Seifried, Sebastian Wagner Consumption Habits and Humps

Economic Theory

Household Finance 2017 Consumption hump, life-cycle utility maximization, habit formation, impatience
Vilen Lipatov, Alfons J. Weichenrieder A Decentralization Theorem of Taxation

CESifo Economic Studies

Macro and Finance 2016 fiscal federalism, taxing rights, decentralization theorem
Brigitte Haar Investor Protection Through Model Case Procedures – Implementing Collective Goals and Individual Rights Under the 2012 Amendment to the German Capital Markets Model Case Act (KapMuG)

European Business Organization Law Review

Law and Finance 2014 collective litigation, investor protection, test cases, German Capital Markets Model Case Act (KapMuG)
Andrej Gill, Nikolai Visnjic Performance Benefits of Tight Control

The Journal of Private Equity

Law and Finance, Transparency Lab, Experiment Center 2015 private equity, leveraged buyouts, active shareholders, ownership concentration, corporate governance
Adrian Buss, Bernard Dumas, Raman Uppal, Grigory Vilkov The Intended and Unintended Consequences of Financial-Market Regulations: A General Equilibrium Analysis

Journal of Monetary Economics

Financial Markets 2016 Tobin tax, borrowing constraints, short-sale constraints, stock market volatility, incomplete markets, differences of opinion
Jens-Hinrich Binder To Ring-Fence or Not, and How? Strategic Questions for Post-Crisis Banking Reform in Europe

forthcoming in European Banking Regulation (CH Beck)

Financial Intermediation 2018
Jens-Hinrich Binder Komplexitätsbewältigung durch Verwaltungsverfahren?

Zeitschrift für das gesamte Handels- und Wirtschaftsrecht

Financial Intermediation 2015
Dirk Krueger, Alexander Ludwig On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium

Journal of Monetary Economics, Vol 77, pp. 72-98

Macro and Finance 2016 Progressive Taxation, Education Subsidy, Transitional Dynamics
Douglas Cumming, Uwe Walz, Jochen Christian Werth Entrepreneurial Spawning: Experience, Education, and Exit

Financial Review

Law and Finance 2016 Venture governance, entrepreneurship, entrepreneurial spawning, angel finance, venture capital, exit
Ester Faia, Andreas Hackethal, Michael Haliassos, Katja Langenbucher Financial Regulation: A Transatlantic Perspective

Book Volume - published by Cambridge University Press

Household Finance, Macro and Finance 2015 banking union, microprudential regulation, macroprudential regulation, investor protection, borrower protection
Monica Billio, Lorenzo Frattarolo, Loriana Pelizzon A Time Varying Performance Evaluation of Hedge Fund Strategies through Aggregation

Bankers, Markets and Investors

Financial Intermediation, Systemic Risk Lab 2014 Extra performances, Hedge funds, Markov switching models, Financial crises
Tobias Tröger A Political Economy Perspective on Common Supervision in the Eurozone

Financial Regulation: A Transatlantic Perspective (Cambridge University Press)

Financial Intermediation 2015
Gabriele Camera, Alessandro Gioffré A Tractable Analysis of Contagious Equilibria

Journal of Mathematical Economics

Macro and Finance 2015 Cooperation, Social norms, Grim trigger, Random matching
Andrea Weber, Christine Zulehner Competition and Gender Prejudice: Are Discriminatory Employers Doomed to Fail?

Journal of the European Economic Association

Law and Finance 2014
Jan Pieter Krahnen, Laura Moretti Bail-In Clauses

Financial Regulation: A Transatlantic Perspective (Cambridge University Press)

Financial Intermediation 2015
Loriana Pelizzon, Domenico Sartore Deciphering the Libor and Euribor Spreads during the Subprime Crisis

North American Journal of Economics and Finance

Financial Intermediation, Systemic Risk Lab 2013 Subprime crisis, Collateral, Liquidity, Unconventional monetary policy
Klaus Gugler, Michael Weichselbaumer, Christine Zulehner Competition in the Economic Crisis: Analysis of Procurement Auctions

European Economic Review

Law and Finance 2015 Construction procurement, First-price auctions, Private values, Economic crisis, Government stimulus
Franz Hackl, Michael Kummer, Rudolf Winter-Ebmer, Christine Zulehner Market Structure and Market Performance in E-Commerce

European Economic Review

Financial Markets 2014 Retailing, Product life cycle, Market structure, Market performance, Markup, Price dispersion
Helmut Mahringer, Christine Zulehner Child-Care Costs and Mothers’ Employment Rates: An Empirical Analysis for Austria

Review of Economics of the Household

Law and Finance 2013 Child-care, Labour supply, Bivariate sample selection, Matched survey and administrative data
René Böheim, Klemens Himpele, Helmut Mahringer, Christine Zulehner The Distribution of the Gender Pay Gap in Austria: Evidence from Matched Employer-Employee Data and Tax Records

Journal for Labour Market Research

Law and Finance 2013 gender wage differentials, quantile regressions, decomposition, matched employer-employee data
René Böheim, Klemens Himpele, Helmut Mahringer, Christine Zulehner The Gender Wage Gap in Austria: Eppur si muove!

Empirica

Law and Finance 2013 Gender wage differentials, Wage inequality, Decomposition, Matched employer-employee data
Ester Faia, Isabel Schnabel The road from micro-prudential to macro-prudential regulation

Financial Regulation: A Transatlantic Perspective (Cambridge University Press)

Macro and Finance 2015
Kosmas Kaprinis, Katja Langenbucher Private Enforcement of Investor Protection – Is Private Law up for the Challenge? A Glance at the United Kingdom

100 Jahre Rechtswissenschaft in Frankfurt (Vittorio Klostermann)

Household Finance 2014
Giuliano Curatola, Michael Donadelli, Patrick Grüning Matching the BRIC equity premium: A structural approach

Emerging Markets Review

Financial Markets 2015 BRIC countries, Equity risk premium, Long-run risk, Persistence
Giuliano Curatola Loss aversion, habit formation and the term structures of equity and interest rates

Journal of Economic Dynamics and Control

Financial Markets, Macro and Finance 2015 Loss-aversion, Habit formation, Yield curve, Dividend strips, General equilibrium
Tobias Tröger How Special Are They? Targeting Systemic Risk by Regulating Shadow Banks

Reshaping Markets Economic Governance, the Global Financial Crisis and Liberal Utopia (Cambridge University Press)

Financial Intermediation 2016 shadow banking, regulatory arbitrage, prudential supervision
Dirk Hackbarth, Rainer Haselmann, David Schoenherr Financial Distress, Stock Returns, and the 1978 Bankruptcy Reform Act

Review of Financial Studies

Financial Intermediation 2015 financial distress, law and finance, shareholder recovery, stock returns
Markus Behn, Rainer Haselmann, Paul Wachtel Pro-Cyclical Capital Regulation and Lending

The Journal of Finance

Financial Intermediation 2016 capital regulation, credit crunch, financial crisis, pro-cyclicality
Silvia Bressan, Noemi Pace, Loriana Pelizzon Health Status and Portfolio Choice: Is Their Relationship Economically Relevant?

International Review of Financial Analysis

Household Finance, Systemic Risk Lab 2014 Household portfolios, Health status
Axel Börsch-Supan, Alexander Ludwig Aging in Europe: Reforms, International Diversification, and Behavioral Reactions

American Economic Review Papers and Proceedings

Macro and Finance 2014
Alexander Ludwig, Alexander Zimper Biased Bayesian Learning with an Application to the Risk-Free Rate Puzzle

Journal of Economic Dynamics and Control

Macro and Finance 2014 Ambiguity, Non-additive probability measures, Bayesian learning, Truncated normal distribution, Risk-free rate puzzle
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection

Insurance: Mathematics and Economics

Household Finance 2015 dynamic portfolio choice; longevity risk; variable annuity; money-back guarantee; liquidity; retirement income
Tobias Tröger Corporate Groups – A German’s European Perspective

German and Nordic Perspectives on Company Law and Capital Markets Law (Mohr Siebeck)

Law and Finance 2015 Corporate Groups, Related Party Transactions, Tunneling, Corporate Governance, E.U. Corporate Law, Shareholder Rights Directive, Group Interesterest, Minority Shareholder Protection, Creditor Protection
Christine Moorman, Simone Wies Going Public: How Stock Market Participation Changes Firm Innovation Behavior

Journal of Marketing Research

Financial Markets 2015 Innovation, breakthrough innovation, stock market impact, IPO, marketing-finance interface, consumer packaged goods
Guido Friebel, Matthias Heinz Media Slant Against Foreign Owners: Downsizing

Journal of Public Economics

Law and Finance 2014 Media economics, Globalization, Economic xenophobia, Multi-national enterprises, Foreign direct investment
Michael Haliassos Keeping Households out of Financial Trouble

Financial Regulation: A Transatlantic Perspective (Cambridge University Press)

Household Finance 2015
Charles N. Noussair, Stefan T. Trautmann, Nathanael Vellekoop, Gijs van de Kuilen Risk Aversion and Religion

Journal of Risk and Uncertainty

Household Finance 2013
Tobias Tröger Vertragsrechtliche Fragen negativer Zinsen auf Einlagen

Neue Juristische Wochenschrift

Financial Intermediation 2015
Guglielmo Maria Caporale, Michael Donadelli, Alessia Varani International Capital Markets Structure, Preferences and Puzzles: A US-China World

Journal of International Financial Markets, Institutions and Money

Financial Markets 2015 Macro-anomalies, Financial autarky, Complete markets, Long-run innovations, Home bias
Brigitte Haar European Financial Regulation – Cross-Border Capital Flows, Systemic Risk and the European Banking Union as Reference Points for EU Financial Market Integration

The Oxford Handbook of Financial Regulation (Oxford University Press)

Financial Intermediation, Systemic Risk Lab 2014 Financial regulation, systemic risk, microprudential supervision, European Banking Authority, macroprudential supervision, European Systemic Risk Board, European Banking Union, Single Supervisory Mechanism
Katja Langenbucher Household Finance and the Law – A Case Study on Economic Transplants

Financial Regulation: A Transatlantic Perspective (Cambridge University Press)

Household Finance 2015
Martin Götz, Luc Laeven, Ross Levine Does the Geographic Expansion of Bank Assets Reduce Risk?

Journal of Financial Economics

Financial Intermediation 2016 Banking, Bank Regulation, Financial Stability, Risk, Hedging, Business Cycles, Industrial Structuree
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide The State of Play in European Over-the-Counter Equities Trading

Journal of Trading

Financial Markets 2015
Peter Gomber, Benedikt Thomas Jaeger MiFID: Eine systematische Analyse der Zielerreichung

Zeitschrift für Bankrecht und Bankwirtschaft

Financial Markets 2014
Max Groneck, Alexander Ludwig, Alexander Zimper A Life-Cycle Model with Ambiguous Survival Beliefs

Journal of Economic Theory

Household Finance, Macro and Finance 2016 Cumulative prospect theory, Choquet expected utility, Dynamic inconsistency, Life-cycle hypothesis, Saving puzzles
Alfons J. Weichenrieder, Jochen Zimmer Euro Membership and Fiscal Reaction Functions

International Tax and Public Finance

Macro and Finance 2014 debt sustainability, fiscal reaction function, euro area
Gabriele Camera, Alessandro Gioffré Game-Theoretic Foundations of Monetary Equilibrium

Journal of Monetary Economics

Money and Finance 2014 Social norms, repeated games, cooperation, payment systems
Zeno Adams, Roland Füss, Reint Gropp Spillover Effects among Financial Institutions: A State-Dependent Sensitivity Value-at-Risk Approach

Journal of Financial and Quantitative Analysis

Systemic Risk Lab, Financial Intermediation 2014 Risk spillovers, state-dependent sensitivity value-at-risk (SDSVaR), quantile regression, financial institutions, hedge funds
Holger Kraft, Frank Thomas Seifried Stochastic Differential Utility as the Continuous-Time Limit of Recursive Utility

Journal of Economic Theory

Financial Markets 2014 stochastic differential utility, recursive utility, convergence, backward stochastic differential equation
Nicole Branger, Holger Kraft, Christoph Meinerding Partial Information about Contagion Risk, Self-Exciting Processes and Portfolio Optimization

Journal of Economic Dynamics and Control

Systemic Risk Lab, Financial Markets, Transparency Lab 2014 Asset Allocation, Contagion, Nonlinear Filtering, Hidden State, Self-exciting Processes
Dimitris Georgarakos, Michael Haliassos, Giacomo Pasini Household Debt and Social Interactions

Review of Financial Studies

Household Finance 2014 household finance, household debt, social interactions, mortgages, consumer credit, informal loans
Marcel Bluhm, Jan Pieter Krahnen Systemic Risk in an Interconnected Banking System with Endogenous Asset Markets

Journal of Financial Stability

Systemic Risk Lab, Macro and Finance 2014 systemic risk, systemic risk charge, macroprudential supervision, Shapley value, financial network
Ignazio Angeloni, Ester Faia, Roland C. Winkler Exit Strategies

European Economic Review

Macro and Finance 2014 exit strategies, debt consolidation, ?fiscal policy, ?fiscal multipliers, monetary policy, bank runs
Yacine Aït-Sahalia, Roger J. A. Laeven, Loriana Pelizzon Mutual Excitation in Eurozone Sovereign CDS

Journal of Econometrics

Systemic Risk Lab, Financial Markets, Macro and Finance 2014 CDS, Sovereign risk, Systemic risk, Jumps, Feedback, Hawkes processes, Mutually exciting processes, Impulse-response
Iñaki Aldasoro, Ignazio Angeloni Input-Output-Based Measures of Systemic Importance

Quantitative Finance

Systemic Risk Lab, Macro and Finance 2015 banks, input-output, systemic risk, too-interconnected-to-fail, networks, interbank markets
Dirk Bursian, Markus Roth Optimal Policy and Taylor Rule Cross-Checking Under Parameter Uncertainty

The B.E. Journal of Macroeconomics

Macro and Finance 2014 Optimal monetary policy, parameter uncertainty, Taylor rule
Fabio Castiglionesi, Fabio Feriozzi, Gyöngyi Lóránth, Loriana Pelizzon Liquidity Coinsurance and Bank Capital

Journal of Money, Credit and Banking

Financial Intermediation, Systemic Risk Lab 2014 Bank Capital, Interbank Markets, Liquidity Coinsurance
Elia Berdin, Helmut Gründl The Effects of a Low Interest Rate Environment on Life Insurers

The Geneva Papers on Risk and Insurance: Issues and Practice

Financial Intermediation 2015 Life Insurers, Interest Rate Guarantees, Risk Assessment, Solvency II
Ignazio Angeloni, Ester Faia, Marco Lo Duca Monetary Policy and Risk Taking

Journal of Economic Dynamics and Control

Macro and Finance 2015 bank runs, risk taking, monetary policy
Dirk Bursian, Sven Fürth Trust Me! I am a European Central Banker

Journal of Money, Credit and Banking

Macro and Finance, Systemic Risk Lab 2015 Central Banking, European Central Bank, Financial Crisis, Fiscal Crisis, Trust
Tobias Tröger The Single Supervisory Mechanism – Panacea or Quack Banking Regulation?

European Business Organization Law Review

Financial Intermediation 2014 prudential supervision, banking union, regulatory capture, political economy of bureaucracy, Single Supervisory Mechanism (SSM), European Central Bank (ECB), European Banking Authority (EBA)
Axel Börsch-Supan, Alexander Ludwig, Edgar Vogel Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation

Journal of Pension Economics & Finance

Household Finance, Macro and Finance 2017 population aging, human capital, welfare, pension reform, retirement age, open economy
Sascha Baghestanian, Todd B. Walker Anchoring in Experimental Asset Markets

Journal of Economic Behavior & Organization

Financial Markets, Experiment Center 2015 Experimental Asset Markets, Anchoring, Bubbles
Helmut Gründl, Tobias Niedrig The Effects of Contingent Convertible (CoCo) Bonds on Insurers’ Capital Requirements under Solvency II

The Geneva Papers on Risk and Insurance: Issues and Practice

Financial Intermediation 2015 Contingent Convertible Capital, CoCo Bond, Basel III, Solvency II, Life Insurance, Interconnectedness
Tobias Niedrig Optimal Asset Allocation for Interconnected Life Insurers in the Low Interest Rate Environment Under Solvency Regulation

Journal of Insurance Issues

Financial Intermediation 2015 Basel III, Solvency II, Life Insurance, Interest Rate Guarantees, Asset Allocation, Contagion, Interconnectedness
Carlo Ambrogio Favero, Francesco Giavazzi, Andreas Müller The Output Effect of Fiscal Consolidation Plans

Journal of International Economics

Macro and Finance 2015 fiscal adjustment, confidence, investment
Dirk Bursian, Alfons J. Weichenrieder, Jochen Zimmer Trust in Government and Fiscal Adjustments

International Tax and Public Finance

Macro and Finance, Systemic Risk Lab 2015 trust, debt sustainability, fiscal reaction function, euro area, EU
Daniel Harenberg, Alexander Ludwig Social Security in an Analytically Tractable Overlapping Generations Model with Aggregate and Idiosyncratic Risk

International Tax and Public Finance

Household Finance, Macro and Finance 2015 social security, idiosyncratic risk, aggregate risk, welfare, insurance, crowding out
Tobias Tröger Regulatory Influence on Market Conditions in the Banking Union

European Business Organization Law Review

Financial Intermediation 2015 banking union, macro-prudential supervision, real estate lending, bail-in, market discipline
Nicole Branger, Christian Schlag, Lue Wu "Nobody is Perfect": Asset Pricing and Long-Run Survival When Heterogeneous Investors Exhibit Different Kinds of Filtering Errors

Journal of Economic Dynamics and Control

Financial Markets 2015 General Equilibrium, Asset Allocation, Learning, Different Beliefs, Over-Confidence
Nicole Branger, Holger Kraft, Christoph Meinerding The Dynamics of Crises and the Equity Premium

Review of Financial Studies

Systemic Risk Lab, Financial Markets 2016 General Equilibrium, Asset Pricing, Recursive Preferences, Long-Run Risk, Disaster Models
Anne-Caroline Hüser Too Interconnected to Fail: A Survey of the Interbank Networks Literature

Journal of Network Theory in Finance

Macro and Finance 2015 Interbank networks, systemic risk, contagion, banking, macro-prudential policy
Marius Ascheberg, Nicole Branger, Holger Kraft, Frank Thomas Seifried When Do Jumps Matter for Portfolio Optimization?

Quantitative Finance

Financial Markets 2016 Optimal investment, jumps, stochastic volatility, welfare loss
Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio, Jun Uno Sovereign Credit Risk, Liquidity, and ECB Intervention: Deus Ex Machina?

Journal of Financial Economics

Systemic Risk Lab, Financial Markets 2016 Liquidity, Credit Risk, Euro-zone Government Bonds, Financial Crisis, MTS Bond Market
Christoph Hambel, Holger Kraft, Lorenz Schendel, Mogens Steffensen Life Insurance Demand under Health Shock Risk

Journal of Risk and Insurance

Household Finance 2017 Health shocks, Portfolio choice, Term life insurance, Mortality risk, Labor income risk
Baptiste Massenot, Stéphane Straub Informal Sector and Economic Growth: The Credit Supply Channel

Economic Inquiry

Macro and Finance 2016
Andreas Hackethal Financial Advice

E. Faia, A. Hackethal, M. Haliassos, K. Langenbucher (Eds.), Financial Regulation: A Transatlantic Perspective (Cambridge University Press), pp. 245-270

Household Finance 2015