SAFE Publications

Author/sTitleProgram AreaPublishedKeywords
Nicole Branger, Patrick Konermann, Christoph Meinerding, Christian Schlag
Equilibrium Asset Pricing in Directed Networks
forthcoming in Review of Finance
Financial Markets, Systemic Risk Lab 2020Dynamic Networks, Mutually Exciting Processes, Asset Pricing, General Equilibrium, Recursive Preferences
Christian Schlag, Michael Semenischev, Julian Thimme Financial Markets 2020Asset pricing, cross-section of stock returns, predictability
Monica Billio, Mila Getmansky Sherman, Loriana Pelizzon Financial Markets 2009Hedge Funds, Risk Management, High frequency data
Elena Carletti, Tommaso Oliviero, Marco Pagano, Loriana Pelizzon, Marti Subrahmanyam Financial Markets 2020COVID-19, pandemics, losses, distress, equity, recapitalization.
Vanessa Endrejat, Matthias Thiemann Financial Intermediation, Systemic Risk Lab 2020
Dimitrios Kostopoulos, Steffen Meyer, Charline Uhr Household Finance 2020Individual investorTrading behaviorInvestor sentiment
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell Household Finance 2020Life cycle savingHousehold financeAnnuityLongevity risk401(k) planRetirement
Elsa Massoc Financial Intermediation 2020
Christian Schlag, Julian Thimme, Rüdiger Weber Financial Markets 2020Preference for early resolution of uncertainty, implied volatility, cross-section of expected stock returns, asset pricing
Aleksey Kolokolov, Giulia Livieri, Davide Pirino Financial Markets 2020staleness, 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 2020Annuity; labor supply; lump sum; retirement age; social security
Jan Friedrich Financial Intermediation 2019
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell Household Finance 2019
Andrea Bedin, Monica Billio, Michele Costola, Loriana Pelizzon Systemic Risk Lab 2019credit scoring; probability of default; small and medium enterprises; asset-backed securities
Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré Financial Markets 2019
Matthias Goldmann
Foreign Investment, Sovereign Debt, and Human Rights
Sovereign Debt and Human Rights (Oxford University Press)
Financial Intermediation 2018Foreign direct investment, regulatory power, expropriation, socio-economic rights, linkages
Burkard Eberlein, Sandra Eckert Financial Intermediation 2020
Erik Theissen, Christian Westheide Financial Markets 2020
Christian Schlag, Kailin Zeng Financial Markets 2019Connected 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 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 2019Say-on-pay, corporate governance, management compensation
Sascha Baghestanian, Paul Gortner, Joël van der Weele Household Finance, Financial Markets, Experiment Center 2019peer effects, laboratory experiments, risk taking, asset markets
Tim Eisert, Christian Eufinger Law and Finance, Systemic Risk Lab 2019bailout, cycle flows, cyclical liabilities, interbank network, leverage
Roberto Casarin, Michele Costola Systemic Risk Lab 2019
Massimiliano Caporin, Michele Costola Systemic Risk Lab 2019
Viral Acharya, Tim Eisert, Christian Eufinger, Christian Hirsch Financial Intermediation, Data Center 2019
Holger Kraft, Claus Munk
Predictors and Portfolios Over the Life Cycle
Journal of Banking and Finance
Household Finance 2019Return 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 2019financing decisions, life-cycle, firm growth, newly founded firms
Daniel Harenberg, Alexander Ludwig Household Finance, Macro Finance 2019social security, idiosyncratic risk, aggregate risk, welfare
Holger Kraft
Consumption-Portfolio Choice with Preferences for Cash
Journal of Economic Dynamics and Control
Household Finance 2019consumption-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 Household Finance 2019
Massimiliano Caporin, Aleksey Kolokolov, Roberto Renò
Systemic Co-Jumps
Journal of Financial Economics
Financial Markets, Systemic Risk Lab 2017Jumps; Return predictability; Systemic events; Variance risk premium
Marcel Bluhm Financial Intermediation, Systemic Risk Lab 2018Financial fragility, Interbank market, Liquidity, Maturity, Network
Claudia Lambert, Felix Noth, Ulrich Schüwer Financial Intermediation 2019catastrophic events, bank regulation, capital ratios, natural experiment
Fabian Ochsenfeld 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 2017Collusion, Cartels, Legal cartels, Contracts
Helmut Elsinger, Philipp Schmidt-Dengler, Christine Zulehner
Competition in Treasury Auctions
American Economic Journal: Microeconomics
Law and Finance 2019treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format
Michael Donadelli, Antonio Paradiso, Max Riedel Financial Markets 2019Leading indicator, EU industrial production, Granger causality, Turning points, Forward-looking Taylor rule
Reint Gropp, Thomas Mosk, Steven Ongena, Carlo Wix Financial Intermediation 2019Bank capital ratios, Bank regulation, Credit supply
Michael Brennan, Holger Kraft Financial Markets 2018Capital structure, financing policy, managerial incentives
Tobias Tröger 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
Financial Markets, Data Center 2018 Ethics, Odious debt, Repudiation, Financial history, Sovereign debt, Russia
Massimiliano Caporin, Luca Corazzini, Michele Costola 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 Financial Markets 2017Eelectronic 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 Finance 2017Banking networks; Systemic risk; Contagion, Fire sales, Prudential regulation
Iñaki Aldasoro, Ester Faia
Systemic Loops and Liquidity Regulation
Journal of Financial Stability
Macro Finance 2016Bank runs, Liquidity scarcity, Interconnections, Contagion, Phase-in
Steffen Andersen, Tobin Hanspal, Kasper Meisner Nielsen Household Finance 2019Experiences, Risk taking, Financial crisis, Household finance
Patrick Grüning Financial Markets 2018Heterogeneous 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 2018Performance measure Omega Return distribution Risk Stochastic dominance
Benjamin Clapham, Peter Gomber, Martin Haferkorn, Paul Jentsch, Sven Panz Financial Markets 2017
Fabrizio Lillo, Loriana Pelizzon, Michael Schneider Financial Markets, Systemic Risk Lab 2018Liquidity, Jump detection, Hawkes processes, Government bonds, MTS bond market
Luca Enriques, Tobias Tröger 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 2016systemic 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 Financial Markets, Systemic Risk Lab 2018Asset pricing, Epstein-Zin preferences, jump risk, stochastic volatility, level and slope of implied volatility smile
Juan Pablo Bohoslavsky, Matthias Goldmann Financial Intermediation 2016sovereign debt restructuring, international law, collective action clauses, debt sustainability, legal principles, holdout creditors, holdout litigation
Matthias Goldmann, Silvia Steininger Financial Intermediation 2016democracy, finance, role of law, discourse theory, Habermas, sovereign debt, cleavages
Matthias Goldmann, Ingo Venzke, Armin von Bogdandy Financial Intermediation 2017international 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 2017international investment law, financial regulation, deliberation, monetary policy, sovereign debt
Fabian Ochsenfeld Macro Finance 2018distribution, manufacturing, causal mechanisms, political economy, Germany, Europe
Alexander Bick, Nicola Fuchs-Schündeln Macro Finance 2017Tax Law, Fiscal Policies, Behavior of Economic Agents, Household
Jan Friedrich, Matthias Thiemann Financial Intermediation 2018financial regulation, shadow banking, epistemic authority, private risk-management
Holger Kraft, Claus Munk, Sebastian Wagner Household Finance 2018Habit 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 2017Temperature shocks, long-run growth, asset prices, welfare costs, adaptation
Holger Kraft, Eduardo S. Schwartz
Growth Options and Firm Valuation
European Financial Management
Financial Markets 2018Firm valuation, Real options, Volatility, R&D expenses
Martin Götz
Competition and Bank Stability
Journal of Financial Intermediation
Financial Intermediation 2018Risk, Stability, Competition, Contestability, Entry, Lending
Giuliano Curatola Macro Finance 2017Asset pricing; General equilibrium; heterogeneous investors; interdependent preferences; portfolio choice
Andreas Hubener, Raimond Maurer, Olivia S. Mitchell Household Finance 2016
Giuliano Curatola
Optimal Portfolio Choice with Loss Aversion Over Consumption
Quarterly Review of Economics and Finance
Financial Markets 2017Loss-aversion, Habit-formation, Consumption–portfolio choice
Stefano Colonnello, Giuliano Curatola, Ngoc Giang Hoang Law and Finance 2017Inside Debt, Credit Spreads, Risk-Taking
Jan Pieter Krahnen, Felix Noth, Ulrich Schüwer Financial Intermediation 2017banking, structural reforms, prohibition of proprietary trading, banking separation
Patrick Grüning Financial Markets 2017Innovation, Technology spillover, Endogenous growth, Long-run risk, International finance
Gabriele Camera, Alessandro Gioffré
Asymmetric Social Norms
Economics Letters
Money and Finance 2017cooperation, repeated games, social dilemmas
Rainer Haselmann, David Schoenherr, Vikrant Vig
Rent-Seeking in Elite Networks
Journal of Political Economy
Financial Intermediation, Law and Finance 2018-
Michael Donadelli, Renatas Kizys, Max Riedel Financial Markets 2017WHO alerts, investor sentiment, pharmaceutical industry, trading strategies
Martin Götz, Luc Laeven, Ross Levine 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 2016Equity market integration, dynamic correlation, principal components, international diversification benefits
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek Household Finance 2018Annuity, lump sum, Social Security, delayed retirement, lifetime income, pension
Florian Hett, Alexander Schmidt Financial Intermediation, Transparency Lab, Experiment Center 2017Bailout, Implicit Guarantees, Too-Big-To-Fail, Market Discipline
Sascha Baghestanian, Paul Gortner, Baptiste Massenot Law and Finance, Experiment Center 2017compensation, liquidity, experimental asset markets, bubbles
Christian Eufinger, Andrej Gill Law and Finance, Transparency Lab, Experiment Center 2017Basel 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 Household Finance, Experiment Center 2017consumer education,financial literacy, bounded rationality, competition, regulation
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide Financial Markets 2017Competition, Fragmentation, Market Structure, Liquidity, Price Discovery
Holger Kraft, Thomas Seiferling, Frank Thomas Seifried Financial Markets 2017consumption-portfolio choice, asset pricing, stochastic differential utility, incomplete markets, fixed point approach, FBSDE
Shafik Hebous, Alfons J. Weichenrieder Macro Finance 2016EMU, 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 Finance 2016Banking Regulation, Systemic Risk, Formalism, Equilibrium Thinking, Discourse, Citation Network Analysis
Brigitte Haar
Freedom of Contract and Financial Stability
European Business Organization Law Review
Law and Finance, Systemic Risk Lab 2016
Michael Donadelli, Patrick Grüning Financial Markets 2016http://www.sciencedirect.com/science/article/pii/S0165176516300933
Holger Kraft, Claus Munk, Frank Thomas Seifried, Sebastian Wagner Household Finance 2017Consumption hump, life-cycle utility maximization, habit formation, impatience
Vilen Lipatov, Alfons J. Weichenrieder Macro Finance 2016fiscal federalism, taxing rights, decentralization theorem
Brigitte Haar Law and Finance 2014collective 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 2015private equity, leveraged buyouts, active shareholders, ownership concentration, corporate governance
Adrian Buss, Bernard Dumas, Raman Uppal, Grigory Vilkov Financial Markets 2016Tobin tax, borrowing constraints, short-sale constraints, stock market volatility, incomplete markets, differences of opinion
Jens-Hinrich Binder Financial Intermediation 2018
Jens-Hinrich Binder
Komplexitätsbewältigung durch Verwaltungsverfahren?
Zeitschrift für das gesamte Handels- und Wirtschaftsrecht
Financial Intermediation 2015
Dirk Krueger, Alexander Ludwig Macro Finance 2016Progressive Taxation, Education Subsidy, Transitional Dynamics
Douglas Cumming, Uwe Walz, Jochen Christian Werth Law and Finance 2016Venture 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 Finance 2015banking union, microprudential regulation, macroprudential regulation, investor protection, borrower protection
Monica Billio, Lorenzo Frattarolo, Loriana Pelizzon Financial Intermediation, Systemic Risk Lab 2014Extra 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 Finance 2015Cooperation, Social norms, Grim trigger, Random matching
Andrea Weber, Christine Zulehner 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 2013Subprime crisis, Collateral, Liquidity, Unconventional monetary policy
Klaus Gugler, Michael Weichselbaumer, Christine Zulehner Law and Finance 2015Construction procurement, First-price auctions, Private values, Economic crisis, Government stimulus
Franz Hackl, Michael Kummer, Rudolf Winter-Ebmer, Christine Zulehner Financial Markets 2014Retailing, Product life cycle, Market structure, Market performance, Markup, Price dispersion
Helmut Mahringer, Christine Zulehner Law and Finance 2013Child-care, Labour supply, Bivariate sample selection, Matched survey and administrative data
René Böheim, Klemens Himpele, Helmut Mahringer, Christine Zulehner Law and Finance 2013gender wage differentials, quantile regressions, decomposition, matched employer-employee data
René Böheim, Klemens Himpele, Helmut Mahringer, Christine Zulehner Law and Finance 2013Gender 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 Finance 2015
Kosmas Kaprinis, Katja Langenbucher Household Finance 2014
Giuliano Curatola, Michael Donadelli, Patrick Grüning Financial Markets 2015BRIC countries, Equity risk premium, Long-run risk, Persistence
Giuliano Curatola Financial Markets, Macro Finance 2015Loss-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 2016shadow banking, regulatory arbitrage, prudential supervision
Dirk Hackbarth, Rainer Haselmann, David Schoenherr Financial Intermediation 2015financial distress, law and finance, shareholder recovery, stock returns
Markus Behn, Rainer Haselmann, Paul Wachtel Financial Intermediation 2016capital regulation, credit crunch, financial crisis, pro-cyclicality
Silvia Bressan, Noemi Pace, Loriana Pelizzon Household Finance, Systemic Risk Lab 2014Household portfolios, Health status
Axel Börsch-Supan, Alexander Ludwig Macro Finance 2014
Alexander Ludwig, Alexander Zimper Macro Finance 2014Ambiguity, Non-additive probability measures, Bayesian learning, Truncated normal distribution, Risk-free rate puzzle
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla Household Finance 2015dynamic 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 2015Corporate 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 Financial Markets 2015Innovation, breakthrough innovation, stock market impact, IPO, marketing-finance interface, consumer packaged goods
Guido Friebel, Matthias Heinz Law and Finance 2014Media 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 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 2015Macro-anomalies, Financial autarky, Complete markets, Long-run innovations, Home bias
Brigitte Haar Financial Intermediation, Systemic Risk Lab 2014Financial 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 Financial Intermediation 2016Banking, Bank Regulation, Financial Stability, Risk, Hedging, Business Cycles, Industrial Structuree
Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide 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 Household Finance, Macro Finance 2016Cumulative 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 Finance 2014debt sustainability, fiscal reaction function, euro area
Gabriele Camera, Alessandro Gioffré Money and Finance 2014Social norms, repeated games, cooperation, payment systems
Zeno Adams, Roland Füss, Reint Gropp Financial Intermediation, Systemic Risk Lab 2014Risk spillovers, state-dependent sensitivity value-at-risk (SDSVaR), quantile regression, financial institutions, hedge funds
Holger Kraft, Frank Thomas Seifried Financial Markets 2014stochastic differential utility, recursive utility, convergence, backward stochastic differential equation
Nicole Branger, Holger Kraft, Christoph Meinerding Financial Markets, Systemic Risk Lab, Transparency Lab 2014Asset 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 2014household finance, household debt, social interactions, mortgages, consumer credit, informal loans
Marcel Bluhm, Jan Pieter Krahnen Macro Finance, Systemic Risk Lab 2014systemic risk, systemic risk charge, macroprudential supervision, Shapley value, financial network
Ignazio Angeloni, Ester Faia, Roland C. Winkler
Exit Strategies
European Economic Review
Macro Finance 2014exit strategies, debt consolidation, ?fiscal policy, ?fiscal multipliers, monetary policy, bank runs
Yacine Aït-Sahalia, Roger J. A. Laeven, Loriana Pelizzon Financial Markets, Macro Finance, Systemic Risk Lab 2014CDS, Sovereign risk, Systemic risk, Jumps, Feedback, Hawkes processes, Mutually exciting processes, Impulse-response
Iñaki Aldasoro, Ignazio Angeloni Macro Finance, Systemic Risk Lab 2015banks, input-output, systemic risk, too-interconnected-to-fail, networks, interbank markets
Dirk Bursian, Markus Roth Macro Finance 2014Optimal 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 2014Bank 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 2015Life 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 Finance 2015bank runs, risk taking, monetary policy
Dirk Bursian, Sven Fürth
Trust Me! I am a European Central Banker
Journal of Money, Credit and Banking
Macro Finance, Systemic Risk Lab 2015Central Banking, European Central Bank, Financial Crisis, Fiscal Crisis, Trust
Tobias Tröger Financial Intermediation 2014prudential 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 Household Finance, Macro Finance 2017population 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 2015Experimental Asset Markets, Anchoring, Bubbles
Helmut Gründl, Tobias Niedrig Financial Intermediation 2015Contingent Convertible Capital, CoCo Bond, Basel III, Solvency II, Life Insurance, Interconnectedness
Tobias Niedrig Financial Intermediation 2015Basel 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 Finance 2015fiscal adjustment, confidence, investment
Dirk Bursian, Alfons J. Weichenrieder, Jochen Zimmer
Trust in Government and Fiscal Adjustments
International Tax and Public Finance
Macro Finance, Systemic Risk Lab 2015trust, debt sustainability, fiscal reaction function, euro area, EU
Daniel Harenberg, Alexander Ludwig Household Finance, Macro Finance 2015social security, idiosyncratic risk, aggregate risk, welfare, insurance, crowding out
Tobias Tröger Financial Intermediation 2015banking union, macro-prudential supervision, real estate lending, bail-in, market discipline
Nicole Branger, Christian Schlag, Lue Wu Financial Markets 2015General Equilibrium, Asset Allocation, Learning, Different Beliefs, Over-Confidence
Nicole Branger, Holger Kraft, Christoph Meinerding Financial Markets, Systemic Risk Lab 2016General Equilibrium, Asset Pricing, Recursive Preferences, Long-Run Risk, Disaster Models
Anne-Caroline Hüser Macro Finance 2015Interbank networks, systemic risk, contagion, banking, macro-prudential policy
Marius Ascheberg, Nicole Branger, Holger Kraft, Frank Thomas Seifried Financial Markets 2016Optimal investment, jumps, stochastic volatility, welfare loss
Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio, Jun Uno Financial Markets, Systemic Risk Lab 2016Liquidity, Credit Risk, Euro-zone Government Bonds, Financial Crisis, MTS Bond Market
Christoph Hambel, Holger Kraft, Lorenz Schendel, Mogens Steffensen Household Finance 2017Health shocks, Portfolio choice, Term life insurance, Mortality risk, Labor income risk
Baptiste Massenot, Stéphane Straub Macro 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