SAFE Working Paper Series

No.Author/sTitleProgram AreaYearKeywords
295Besart Avdiu, Alfons J. Weichenrieder Macro Finance 2020Public-Private Partnerships, Infrastructure, Financing Costs, Default.
294Christian Alemán, Christopher Busch, Alexander Ludwig, Raül Santaeulàlia-Llopis Macro Finance 2020https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3714697
293Christoph Hambel, Holger Kraft, André Meyer-Wehmann Household Finance 2020reverse mortgage, consumption-portfolio decisions, optimal stopping, biometric risks, financial disasters
292Andrea Modena Financial Markets 2020Banks, bailout, general equilibrium, financial frictions, recapitalization, welfare.
291Loriana Pelizzon, Satchit Sagade, Katia Vozian Financial Markets 2020liquidity, resiliency, fragmentation, competition, high-frequency data, Hawkes processes
290Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig, Irina Popova Macro Finance 2020Covid-19, school closures, inequality, intergenerational persistence
289Christian Schlag, Michael Semenischev, Julian Thimme Financial Markets 2020Asset pricing, cross-section of stock returns, predictability
288Michele Costola, Oliver Hinz, Michael Nofer, Loriana Pelizzon Financial Markets 2020COVID-19 news, Sentiment Analysis, Stock Markets
287Benjamin M. Abdel-Karim, Kevin Bauer, Oliver Hinz, Michael Kosfeld, Nicolas Winfried Pfeuffer Financial Intermediation, Experiment Center 2020 Algorithmic Discrimination, Artificial Intelligence, Game Theory, Economics, Batch Learning
286Andreas Hackethal, Michael Kirchler, Christine Laudenbach, Michael Razen, Annika Weber Household Finance 2020Risk Preferences, Incentives, Experimental Economics, Risk Aversion
285Elena Carletti, Tommaso Oliviero, Marco Pagano, Loriana Pelizzon, Marti Subrahmanyam Financial Markets 2020COVID-19, pandemics, losses, distress, equity, recapitalization.
284Monica Billio, Michele Costola, Iva Hristova, Carmelo Latino, Loriana Pelizzon Financial Markets 2020
283Jannis Bischof, Christian Laux, Christian Leuz Financial Intermediation 2020Banks, Financial crisis, Financial stability, Disclosure, Loan loss accounting, Expected credit losses, Incurred loss model, Prudential filter, Fair value accounting
282Daniel Munevar, Grygoriy Pustovit Macro Finance 2020sovereign debt standstill, sovereign debt restructuring, sovereign debt litigation, holdout litigation, vulture creditors
281Kevin Bauer Financial Intermediation 2020social identity, relative performance feedback, discrimination, outgroup derogation
280Konstantin Bräuer, Andreas Hackethal, Tobin Hanspal Household Finance 2020Consumption, Stock market wealth, Dividends, Excess sensitivity, Self-control, Household finance, Retail investor
279Tobin Hanspal, Annika Weber, Johannes Wohlfart Household Finance 2020Coronavirus, Stockholding, Wealth shocks, Expectation formation, Inequality.
278Sandra Eckert Financial Intermediation 2020agency, banking, centralisation, energy, fiduciary, electricity, policy
277Andreas Hackethal, Tobin Hanspal, Dominique Lammer Household Finance 2020Bitcoin, Cryptocurrencies, Structured retail products, Retail investors, Household finance, Investor behavior
276Massimiliano Caporin, Loriana Pelizzon, Alberto Plazzi Financial Markets, Macro Finance 2020
275Loriana Pelizzon, Max Riedel, Zorka Simon, Marti Subrahmanyam Financial Markets, Macro Finance, Systemic Risk Lab 2020
275Loriana Pelizzon, Max Riedel, Zorka Simon, Marti Subrahmanyam Financial Markets, Macro Finance, Systemic Risk Lab 2020
274Christopher Busch, Alexander Ludwig Macro Finance 2020Labor Income Risk, Business Cycle, GMM Estimation, Skewness, Persistent and Transitory Income Shocks, Risk Attitudes, Life-Cycle Model
273Di Bu, Tobin Hanspal, Yin Liao, Yong Liu Household Finance 2020Financial literacy, online borrowing, Consumer credit, Self-control, FinTech, China
272Christine Laudenbach, Benjamin Loos, Jenny Pirschel, Johannes Wohlfart Household Finance 2020Individual investors, risk-taking, trading, experiences
271Pietro Dindo, Andrea Modena, Loriana Pelizzon Financial Markets, Macro Finance 0
270Mario Bellia, Kim Christensen, Aleksey Kolokolov, Loriana Pelizzon, Roberto Renò Financial Markets, Systemic Risk Lab 2020
269Ester Faia, Maximilian Mayer, Vincenzo Pezone Law and Finance 2020
268Marie Lalanne, Lorenzo Maria Levati Financial Intermediation 2020Referrals, Job Match Quality, Social Networks, Board of Directors
267Wataru Kureishi, Hannah Paule-Paludkiewicz, Hitoshi Tsujiyama, Midori Wakabayashi Household Finance 2020Time Preferences; Preference Stability; Age; Discount Rates
266Benjamin Bluhm, Jannic Cutura Financial Intermediation 2020Econometrics, Distributed Computing, Apache Spark
265Christian Schlag, Julian Thimme, Rüdiger Weber Financial Markets 2020Preference for early resolution of uncertainty, implied volatility, cross-section of expected stock returns, asset pricing
264Hengije Ai, Jun E. Li, Kai Li, Christian Schlag Financial Markets 2019
263Vanya Horneff, Daniel Liebler, Raimond Maurer, Olivia S. Mitchell Household Finance 2019individual retirement account, investment guarantee, longevity risk, retirement income, life cycle model
262Andrea Bedin, Monica Billio, Michele Costola, Loriana Pelizzon Financial Markets, Systemic Risk Lab 2019credit scoring; probability of default; small and medium enterprises; assetbacked securities
261Monica Billio, Michele Costola, Loriana Pelizzon, Max Riedel Financial Markets, Systemic Risk Lab 2019Mortgages, Energy Eciency, Credit Risk
260Matthias Thiemann, Tobias Tröger Financial Intermediation 2019shadow banking, regulatory arbitrage, principles-based regulation, credit funds, prudential supervision, non-bank financial intermediation
259Iñaki Aldasoro, Florian Balke, Andreas Barth, Egemen Eren Financial Intermediation 2019
258Anderson Grajales-Olarte, Burak Uras, Nathanael Vellekoop Macro Finance 2019Wage rigidity, microdata, time dependency, state dependency, flexible-hour contracts
257Baptiste Massenot, Giang Nghiem Macro Finance 2019
256Christian Schlag, Kailin Zeng Financial Markets 2019Connected industries, information flow, return predictability
255Silvia Dalla Fontana, Marco Holz auf der Heide, Loriana Pelizzon, Martin Scheicher Financial Markets, Systemic Risk Lab 2019OTC derivatives, network analysis, interest rate risk, banking, risk management, hedging
254Martin Götz Law and Finance 2019
253Thomas Johann, Talis Putnins, Satchit Sagade, Christian Westheide Financial Markets 2019
252Nicole Branger, Patrick Konermann, Christian Schlag Financial Markets 2019
251Wenhui Li, Christian Wilde Financial Markets, Experiment Center 2019ambiguity, learning strategy, belief updates, non-Bayesian updates, pessimism, laboratory experiments
250Nathanael Vellekoop, Mirko Wiederholt Household Finance 2019
249Yuri Pettinicchi, Nathanael Vellekoop Household Finance 2019Subjective expectations; Durable consumption; Household saving
248Jasmin Gider, Simon N. M. Schmickler, Christian Westheide Financial Markets 2019High-Frequency Trading, Price Efficiency, Information Acquisition, Information Production
247Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Darya Yuferova Financial Markets, Systemic Risk Lab 2019esignated Market Makers (DMMs), Liquidity Provision
246Reint Gropp, Felix Noth, Ulrich Schüwer Financial Intermediation 2019banking, geographic expansion, deregulation, locally non-diversiable risk, catastrophic risk
245Andreas Hackethal, Steffen Meyer, Charline Uhr Household Finance 2019self-control; portfolio allocation; individual investor; trading behavior
244Mauro Bernardi, Michele Costola Systemic Risk Lab 2019VAR estimation, Financial Networks, Bayesian inference, Sparsity, Spike-and-Slab prior, Stochastic Search Variable Selection, Expectation-Maximisation
243Nicoletta Berardi, Marie Lalanne, Paul Seabright Law and Finance 2019
242Ester Faia, Vincenzo Pezone Money and Finance 2019
241Martin Götz Law and Finance 2019
240Irina Gemmo, Martin Götz Household Finance 2019
239Paul Gortner, Baptiste Massenot Macro Finance, Experiment Center 2018
238Joost Driessen, Theo E. Nijman, Zorka Simon Financial Markets, Systemic Risk Lab 2018Sovereign Bonds, Term Structure of Interest Rates, Segmentation, Liquidity, Flight-to-safety, Credit Risk, Unconventional Monetary Policy
237Nathanael Vellekoop Household Finance 2018consumption, consumption commitments, paycheck frequency, liquidity
236Aleksey Kolokolov, Giulia Livieri, Davide Pirino Financial Markets 2018staleness, idle time, liquidity, zero returns, stable convergence
235Mila Getmansky Sherman, Christian Kubitza, Loriana Pelizzon Systemic Risk Lab 2018Central Clearing, Counterparty Risk, Systematic Risk, OTC markets, Derivatives, Loss Sharing, Collateral, Margin
234Alejandro Bernales, Nicolas Garrido, Satchit Sagade, Marcela Valenzuela, Christian Westheide Financial Markets 2018Fragmentation, Competition, Liquidity, Price Efficiency
233Baptiste Massenot, Yuri Pettinicchi Macro Finance 2018
232Jannic Cutura Financial Intermediation 2018
231Benjamin Clapham, Peter Gomber, Jens Lausen, Sven Panz Financial Markets 2018Liquidity, Trading Volume, Market Fragmentation, Liquidity Provider Incentives, Transaction Costs
230Yalin Gündüz, Giorgio Ottonello, Loriana Pelizzon, Michael Schneider, Marti Subrahmanyam Financial Markets, Systemic Risk Lab 2018Corporate Bonds, WpHG, Liquidity, Transparency, OTC markets
229Daniel Harenberg Macro Finance 2018equity premium; idiosyncratic risk; aggregate risk; lifecycle
228Roberto Panzica Financial Markets, Systemic Risk Lab 2018Idiosyncratic volatility puzzle; Networks; Expected Returns; Granger Causality
227Mila Getmansky Sherman, Ravi Jagannathan, Loriana Pelizzon, Ernst Schaumburg, Darya Yuferova Financial Markets, Systemic Risk Lab, Data Center 2018Liquidity Provision; Market Fragility; Flash Crash; Slow-Moving Capital
226Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio, Jun Uno Financial Markets, Macro Finance, Systemic Risk Lab 2018Central Bank Interventions, Liquidity, Sovereign Bonds, Futures Contracts, Arbitrage
225Monica Billio, Massimiliano Caporin, Lorenzo Frattarolo, Loriana Pelizzon Financial Intermediation, Systemic Risk Lab 2018spatial GARCH; network; risk spillover; nancial spillover
224Mila Getmansky Sherman, Giulio Girardi, Stanislava Nikolova, Loriana Pelizzon, Kathleen Weiss Hanley Financial Intermediation, Systemic Risk Lab 2018Interconnectedness, Asset Liquidation, Similarity, Financial Stability, Insurance Com- panies, SIFI
223Florian Deuflhard Household Finance 2018
222Vanessa Endrejat, Matthias Thiemann Financial Intermediation 2018
221Axel Börsch-Supan, Duarte Nuno Leite, Alexander Ludwig Macro Finance 2018Population aging, pension reform, social security, life-cycle behavior, labor supply, retirement age, welfare
220Yangming Bao, Martin Götz Law and Finance 2018Investments, Peer Firm Effects, Agglomeration, Corporate Income Tax
219Andreas Hackethal, Christine Laudenbach, Steffen Meyer, Annika Weber Household Finance 2018Financial Advice, Individual Investors, Client Involvement
218Florian Hoffmann, Roman Inderst, Marcus Opp Law and Finance 2018Compensation design, duration of pay, moral hazard, persistence, principal- agent models, informativeness principle
217Maddalena Davoli, Jia Hou Household Finance 2018 financial literacy determinants, socialist education, German reunification, DiD
216Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré Financial Markets 2018Asset Pricing, General Equilibrium, Sin Stocks
215Zsuzsa R. Huszar, Zorka Simon Systemic Risk Lab 2018
214Edin Ibrocevic, Matthias Thiemann Financial Intermediation, Systemic Risk Lab 2018macroprudential regulation, ideational shift, systemic risk, topic modelling, central bank policy
213Klaus Gugler, Michael Weichselbaumer, Christine Zulehner Macro Finance 2018labor demand, labor hoarding, construction procurement, first-price auctions, recent economic crisis, regression discontinuity design
212Henning Hesse Macro Finance 2018CoCo bonds, contingent capital, endogenous risk, capital structure, incentives, monitoring
211Thomas Mosk Financial Intermediation 2018Credit lines, Contract terms, Bargaining, Screening
210Darien Huang, Christian Schlag, Ivan Shaliastovich, Julian Thimme Financial Markets 2018volatility of volatility, hedging errors, risk premiums
209Eren Gürer, Alfons J. Weichenrieder Macro Finance 2018Inequality, Gini, EU countries, income dependent inflation
208Roberto Casarin, Michele Costola, Erdem Yenerdag Systemic Risk Lab 2018Systemic Risk; Financial Institutions; Network Communities; Financial Crises
207Claes Bäckman, Tobin Hanspal Household Finance 2018Intermediated work; Multi-level marketing; Gig-economy; Entrepreneurship; Con- sumer financial protection
206Loriana Pelizzon, Anjan Thakor, Calebe de Roure Household Finance, Systemic Risk Lab 2018
205Horst Entorf, Jia Hou Household Finance 2018Education, Financial Literacy, Inequality, Program Evaluation
204Loriana Pelizzon, Matteo Sottocornola Financial Markets, Macro Finance, Systemic Risk Lab 2018Event study, monetary policy surprise, unconventional monetary policy, conventional monetary policy, insurance industry
203Florian Hett, Felix Schmidt Household Finance, Experiment Center 2018heterogeneity, competitiveness; contest; rank feedback, relative performance evaluation
202Tobias Tröger Law and Finance 2018related party transactions, Germany Inc., industrial organization, tunneling, private benefits of control, capital maintenance, group law
201Dirk Krueger, Alexander Ludwig Macro Finance 2018Idiosyncratic Risk, Taxation of Capital, Overlapping Generations, Precautionary Saving, Pecuniary Externality
200Nils Grevenbrock, Max Groneck, Alexander Ludwig, Alexander Zimper Macro Finance 2018Subjective Survival Beliefs, Probability Weighting Function, Conrmatory Bias, Cognition, Optimism, Pessimism
199Tobias Tröger Law and Finance 2018crowdfunding, crowdsponsoring, crowdlending, crowdinvesting, contract law, conflict of laws, banking regulation, securities regulation
198Henning Hesse, Boris Hofmann, James Weber Macro Finance 2018unconventional monetary policy, asset purchases, monetary transmission
197Benjamin Clapham, Peter Gomber, Martin Haferkorn, Paul Jentsch, Sven Panz Financial Markets 2018
196Benjamin Clapham, Peter Gomber, Sven Panz Financial Markets 2018Circuit Breaker, Volatility Interruption, Market Fragmentation, High-Frequency Trading, Stock Market, Regulation, Liquidity
195Benjamin Clapham, Peter Gomber, Martin Haferkorn, Sven Panz Financial Markets 2018Circuit Breaker, Volatility Interruption, Volatility, Liquidity, Market Design
194Baptiste Massenot Macro Finance 2018
193Mario Bellia, Giulio Girardi, Roberto Panzica, Loriana Pelizzon, Tuomas A. Peltonen Systemic Risk Lab 2018Credit Default Swap (CDS), Central Counterparty Clearing House (CCP), European Market Infrastructure Regulation (EMIR), Sovereign
192Vincenzo Pezone Law and Finance 2018
191Julia Hirsch, Uwe Walz Law and Finance 2017financial constraints, financial crisis, financing decisions, investment decisions, newly founded firms
190Vanya Horneff, Raimond Maurer, Olivia S. Mitchell Household Finance 2017dynamic portfolio choice; 401(k) plan; saving; Social Security claiming age; retirement income; minimum distribution requirements; tax
189Carlo Wix Financial Intermediation 2017Financial Crises, Bank Lending, Real Effects, Firm Investment, Wage Rigidity, Labor Hoarding
188Michael Donadelli, Patrick Grüning, Marcus Jüppner, Renatas Kizys Financial Markets 2017Global Temperature, R&D, Welfare Costs
187Baptiste Massenot, Yuri Pettinicchi Macro Finance 2017Expectation formation; Expectation error; Learning; Extrapolation; Experience
186Nicole Branger, Paulo Rodrigues, Christian Schlag Financial Markets, Systemic Risk Lab 2017Asset pricing, Epstein-Zin preferences, jump risk, stochastic volatility, level and slope of implied volatility smile
185Patrick Grüning Financial Markets 2017Heterogeneous innovation, Technology spillover, Endogenous growth, Creative destruction, International finance
184Tobias Tröger Financial Intermediation 2017crowdinvesting, crowdfunding, fintech, financial stability, market infrastructure, investor protection
183Joost Driessen, Theo E. Nijman, Zorka Simon Financial Markets 2017Liquidity premium, liquidity risk, TIPS, inflation swaps, TIPS–Treasury puzzle
182Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Jun Uno, Darya Yuferova Financial Markets, Systemic Risk Lab 2017High-Frequency Traders (HFTs), Proprietary Trading, Opening Auction, Liquidity Provision, Price Discovery
181Holger Kraft Household Finance 2018consumption-portfolio choice, money in the utility function, stock demand, stochastic control
180Tobias Tröger Financial Intermediation 2017MREL, TLAC, G-SIB, bail-in, bank resolution
179Tobias Tröger Financial Intermediation 2017bail-in, private sector involvement, precautionary recapitalization, cross-border insolvency, market discipline
178Matthias Goldmann Financial Intermediation, Macro Finance 2018Banking Union, Monetary Policy, Financial Stability, Single Supervisory Mechanism, Democratic Legitimacy
177Michael Donadelli, Marcus Jüppner, Max Riedel, Christian Schlag Financial Markets 2017Temperature shocks, long-run growth, asset prices, welfare costs, adaptation
176Giuliano Curatola, Ilya Dergunov Household Finance, Financial Markets 2017Asset pricing, general equilibrium, heterogeneous agents, interdependent preferences, portfolio choice
175Deyan Radev Financial Intermediation 2017Commercial banks, global banks, wholesale shocks, solvency shocks, transmission, internal capital markets
174Deyan Radev Financial Intermediation 2017Global banks, social centralization, bank integration, shocks, transmission
173Christel Merlin Kuate Kamga, Christian Wilde Financial Intermediation, Financial Markets 2017CDS, liquidity
172Massimiliano Caporin, Michele Costola, Shawkat Hammoudeh, Ahmed Khalifa Financial Intermediation, Financial Markets, Systemic Risk Lab 2017Systemic Risk, Risk Measurement, VaR, ΔCoVaR, Oil, Financial Institutions, Petroleum-based Economies
171Michael Donadelli, Patrick Grüning Financial Markets 2017Endogenous growth, Asset pricing, Government, Fiscal policy, Heterogeneous innovation
170Raimond Maurer, Olivia S. Mitchell Household Finance 2016
169Max Groneck, Alexander Ludwig, Alexander Zimper Household Finance, Macro Finance 2017Survival beliefs; Ambiguity; Choquet expected utility; Dynamic inconsistency
168Guido Friebel, Marie Lalanne, Bernard Richter, Peter Schwardmann, Paul Seabright Law and Finance, Transparency Lab 2017Social Networks, Gender Differences, Trust Game
167Felix Noth, Ulrich Schüwer Financial Intermediation, Systemic Risk Lab 2017natural disasters, bank stability, non-performing assets, bank performance
166Monica Billio, Massimiliano Caporin, Roberto Panzica, Loriana Pelizzon Financial Markets, Systemic Risk Lab 2016CAPM, volatility, network, interconnections, systematic risk
165Giovanni Bonaccolto, Massimiliano Caporin, Roberto Panzica Financial Markets 2017Granger causality, quantile causality, multi-layer network, network combination
164Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek Household Finance 2017Annuity, delayed retirement, lifetime income, pension, early retirement, Social Security
163Giuliano Curatola, Michael Donadelli, Patrick Grüning Financial Markets 2017Technology Adoption, R&D Investment, Asymmetric Tax Regimes, Asset Prices
162Gabriele Camera, Alessandro Gioffré Money and Finance 2017cooperation, repeated games, social dilemmas
161Tobin Hanspal Law and Finance, Household Finance 2016Entrepreneurship; Small business; Personal finance; Financial crisis; Bank defaults
160Domenico Rocco Cambrea, Stefano Colonnello, Giuliano Curatola, Giulia Fantini Law and Finance 2016Inside Debt, Executive Compensation, Corporate Distress
159Monica Billio, Michael Donadelli, Antonio Paradiso, Max Riedel Financial Markets 2016Equity market integration, dynamic correlation, principal components, international diversification benefits
158Michael Donadelli, Renatas Kizys, Max Riedel Financial Markets 2016WHO alerts, investor sentiment, pharmaceutical industry, trading strategies
157Sophie Ahlswede, Steffen Meyer, Linda Urban Household Finance 2016household finance, field study, individual investors, reporting, investment mistakes, regulation
156Reint Gropp, Thomas Mosk, Steven Ongena, Carlo Wix Financial Intermediation 2016Bank capital ratios, Bank regulation, Credit supply
155Vahid Saadi Financial Intermediation 2016The Community Reinvestment Act, Mortgage supply, House prices, Homeownership
154Brigitte Haar Law and Finance 2016corporate governance codes, soft law, stakeholder, shareholder wealth, market enforcement, German corporate governance, supervisory board, incentive pay, severance pay caps, age limits
153Julia Hirsch, Uwe Walz Law and Finance 2016financing decisions, life-cycle, firm growth, newly founded firms
152Viral Acharya, Tim Eisert, Christian Eufinger, Christian Hirsch Financial Intermediation, Data Center 2016Unconventional Monetary Policy, Real Effects, Zombie Lending
151Fabrizio Lillo, Loriana Pelizzon, Michael Schneider Financial Markets, Systemic Risk Lab 2016Liquidity, jump detection, Hawkes processes, government bonds, MTS bond market, Quantitative Easing.
150Vanya Horneff, Raimond Maurer, Olivia S. Mitchell Household Finance 2016dynamic portfolio choice, longevity risk, variable annuity, retirement income
149Massimiliano Caporin, Aleksey Kolokolov, Roberto Renò Financial Markets, Systemic Risk Lab 2016Jumps, Return predictability, Systemic events, Variance Risk Premium
148Sven-Thorsten Jakusch Household Finance 2016Utility Functions, Model Selection, Parameter Elicitation
147Andreas Hackethal, Sven-Thorsten Jakusch, Steffen Meyer Household Finance 2016Utility Theory, Maximum Likelihood, Individual Investors
146Andreas Hackethal, Sven-Thorsten Jakusch, Steffen Meyer Household Finance 2016Prospect Theory, Parameter Elicitation, Investors Heterogeneity
145Raphael Abiry, Christian Geppert, Alexander Ludwig Macro Finance 2016secular stagnation; demographic change; overlapping generations; natural rate; equity premium; growth; welfare; human capital
144Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Jun Uno, Darya Yuferova Financial Markets, Systemic Risk Lab 2016High-Frequency Traders (HFTs), Pre-Opening, Opening Call Auction, Price Discovery, Liquidity provision.
143Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide Financial Markets, Systemic Risk Lab 2016Dark Trading, Fragmentation, Anonymity, Immediacy
142Nathanael Vellekoop Household Finance 2016Personality traits, Big Five, Locus of control, labor market, unemployment
141Brigitte Haar Law and Finance 2016law 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
140Reint Gropp, Rasa Karapandza, Julian Opferkuch Financial Intermediation 2016Repeated Games; Asymmetric Information; Firms; Reputation
139Holger Kraft, Claus Munk Household Finance 2016Return predictability, human capital, housing, investments, welfare
138Mohamed Aldegwy, Matthias Thiemann Macro Finance 2016Sociology of Finance, Optimal Regulation, Dynamic and Reliable Regulation, Banking Regulation, Financial Crisis
137Elia Berdin, Christoffer Kok, Cosimo Pancaro Financial Intermediation 2016Financial Stability, Insurance, Interest Rate Risk, Stress Test
136Mohamed Aldegwy, Edin Ibrocevic, Matthias Thiemann Macro Finance 2016Banking Regulation, Systemic Risk, Formalism, Equilibrium Thinking, Discourse, Citation Network Analysis
135Douglas Cumming, Jochen Christian Werth, Yelin Zhang Law and Finance 2016Entrepreneurship, Entrepreneurial Finance, Governance, Technology Park, Incubator, Board of Directors, Venture Capital, Angel
134Markus Kröll, Devesh Rustagi Law and Finance, Experiment Center 2016Motivation for honesty, asymmetric information, cheating, informal markets, die game, milk, India
133Markus Behn, Rainer Haselmann, Thomas Kick, Vikrant Vig Financial Intermediation, Law and Finance 2016political economy, bailouts, state-owned enterprises, elections
132Rainer Haselmann, David Schoenherr, Vikrant Vig Financial Intermediation, Law and Finance 2016-
131Nicole Branger, Patrick Grüning, Christian Schlag Financial Markets 2016Commodities, General Equilibrium, Heterogeneous Preferences, Financial Markets
130Giuliano Curatola Financial Markets 2016Loss-aversion, Habit-formation, Consumption-portfolio choice
129Giuliano Curatola, Michael Donadelli, Patrick Grüning, Christoph Meinerding Financial Markets 2016General Equilibrium Asset Pricing, Production Economy, Long-Run Risk, Investment-Specific Shocks, Nominal Rigidities
128Giuliano Curatola Macro Finance 2016Asset pricing, general equilibrium, heterogeneous investors, interdependent preferences, portfolio choice
127Helmut Elsinger, Philipp Schmidt-Dengler, Christine Zulehner Law and Finance 2016treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format
126Carsten Bienz, Karin Thorburn, Uwe Walz Financial Intermediation 2016Private equity, leveraged buyouts, incentives, coinvestment, risk taking, wealth
125Tobias Tröger, Uwe Walz Law and Finance, Transparency Lab 2016Say-on-pay, corporate governance, management compensation
124Adrian Buss, Bernard Dumas, Raman Uppal, Grigory Vilkov Financial Markets 2016Tobin tax, borrowing constraints, short-sale constraints, stock market volatility, incomplete markets, differences of opinion
123Marie Lalanne, Paul Seabright Law and Finance 2016professional networks, gender wage gap, executive compensation, placebo technique
122Douglas Cumming, Uwe Walz, Jochen Christian Werth Law and Finance 2016Venture governance, entrepreneurship, entrepreneurial spawning, angel finance, venture capital, exit
121Elia Berdin, Matteo Sottocornola Financial Intermediation, Systemic Risk Lab 2015Systemic Risk, Insurance Activities, Systemically Important Financial Institutions
120Matthias Heinz, Heiner Schumacher Law and Finance 2015Signaling, Public Goods, Labor Markets, Extracurricular Activities
119Michael Brennan, Holger Kraft Financial Markets 2015Capital structure, financing policy, managerial incentives
118Michael Donadelli, Antonio Paradiso, Max Riedel Financial Markets 2015Leading indicator, EU industrial production, Granger causality, Turning points, Forward-looking Taylor rule
117Marcel Bluhm Financial Intermediation 2015Financial fragility, interbank market, liquidity, maturity, network model
116Charles Gottlieb Household Finance 2015Anticipated Inflation, Monetary Policy, Incomplete markets, Heterogeneous agents, Endogenous Asset Market Participation
115Andreas Fagereng, Charles Gottlieb, Luigi Guiso Household Finance 2015-
114Nicole Branger, Christian Schlag, Lue Wu Financial Markets 2015General Equilibrium, Asset Allocation, Learning, Different Beliefs, Over-Confidence
113Bettina Brüggemann, Jinhyuk Yoo Macro Finance 2015Top Income Taxation, Heterogeneous Agents, Incomplete Markets, Income and Wealth Inequality
112Shafik Hebous, Alfons J. Weichenrieder Macro Finance 2015fiscal union, asymmetric shocks, federal transfers, optimum currency area
111Alfons J. Weichenrieder, Fangying Xu Macro Finance 2015Tax haven, secrecy, tax information exchange, China, India
110Dirk Krueger, Alexander Ludwig Macro Finance 2015Progressive Taxation, Education Subsidy, Transitional Dynamics
109Tobias Tröger Financial Intermediation 2015banking union, macro-prudential supervision, real estate lending, bail-in, market discipline
108Sascha Baghestanian, Paul Gortner, Baptiste Massenot Law and Finance, Experiment Center 2015compensation, liquidity, experimental asset markets, bubbles
107Daniel Powell, Marc Steffen Rapp Law and Finance 2015Corporate Governance, Executive Remuneration, Say on Pay, Annual General Meeting, Germany
106Baptiste Massenot, Stéphane Straub Macro Finance 2015-
105Vilen Lipatov, Alfons J. Weichenrieder Macro Finance 2015fiscal federalism, taxing rights, decentralization theorem
104Baptiste Massenot Macro Finance, Experiment Center 2015-
102Iñaki Aldasoro, Iván Alves Macro Finance 2015interbank networks, systemic importance, multiplex networks
101Marcel Grupp Financial Intermediation 2015Leveraged buyouts, syndicated loans, systemic risk
100Marcel Grupp Law and Finance 2015Non-bank lead arrangers, syndicated loans, spread premium
99Marcel Grupp, Christian Rauch, Marc Umber, Uwe Walz Law and Finance 2015Product Market Competition, Peers, LBOs, Restructuring
98Helmut Gründl, Tobias Niedrig
The Effects of Contingent Convertible (CoCo) Bonds on Insurers’ Capital Requirements under Solvency II
Financial Intermediation 2015Contingent Convertible Capital, CoCo Bond, Basel III, Solvency II, Life Insurance, Interconnectedness
97Tobias Niedrig Financial Intermediation 2015Basel III, Solvency II, Life Insurance, Interest Rate Guarantees, Asset Allocation, Contagion, Interconnectedness
96Jens-Hinrich Binder Financial Intermediation 2015Banking Union, Single Supervisory Mechanism, Single Resolution Mechanism, Banking Regulation, Bank Corporate Governance
95Loriana Pelizzon, Marti Subrahmanyam, Davide Tomio, Jun Uno Financial Markets, Systemic Risk Lab 2015Liquidity, Credit Risk, Euro-zone Government Bonds, Financial Crisis, MTS Bond Market
94Claudia Lambert, Felix Noth, Ulrich Schüwer Financial Intermediation 2015catastrophic events, bank regulation, capital ratios, natural experiment
93Shafik Hebous, Tom Zimmermann Macro Finance 2015Narrative Approach, Fiscal Stabilization, Tax Multiplier, Weak Instruments
92Christoph Hambel, Holger Kraft, Eduardo S. Schwartz Macro Finance, Systemic Risk Lab 2015Climate change economics, Carbon abatement, GDP growth
91Anne-Caroline Hüser Macro Finance 2015Interbank networks, systemic risk, contagion, banking, macro-prudential policy
90Pinar Topal Macro Finance 2015fiscal policy, labour economics, labour market policies, threshold vector auto-regressive models, panel VAR, non-linear VAR, impulse analysis
89Julia Braun, Alfons J. Weichenrieder Macro Finance 2015Tax havens, tax information exchange agreements, location decisions, international taxation
88Ester Faia, Beatrice Weder di Mauro Macro Finance 2015single point of entry, multiple point of entry, strategic interaction of regulators, financial spillover, financial retrenchment
87Iñaki Aldasoro, Domenico Delli Gatti, Ester Faia Macro Finance 2015banking networks, centrality metrics, systemic risk
86Agar Brugiavini, Danilo Cavapozzi, Mario Padula, Yuri Pettinicchi Household Finance 2015Financial education, Financial literacy, Planning, Investment attitudes
85Holger Kraft, Claus Munk, Sebastian Wagner Household Finance 2015Habit formation, life-cycle household decisions, housing expenditure share, consumption hump, stock market participation, renting vs. owning home, human capital
84Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek Household Finance 2015Annuity, lump sum, Social Security, delayed retirement, lifetime income, pension
83Patrick Grüning Financial Markets 2015Innovation, Product Market Competition, Endogenous Growth, Long-run Risk, International Finance
82Axel Börsch-Supan, Alexander Ludwig, Edgar Vogel Household Finance, Macro Finance 2015population aging, human capital, welfare, pension reform, retirement age, open economy
81Jens-Hinrich Binder Financial Intermediation 2015Bank Resolution, Resolution Planning, Living Wills, Structural Bank Reform, Banking Union
80Enrique G. Mendoza, Linda L. Tesar, Jing Zhang Macro Finance 2014European debt crisis, tax competition, capacity utilization, fiscal austerity
79Òscar Jordà, Alan M. Taylor Macro Finance 2014fiscal multipliers, booms, slumps, output fluctuations, allocation bias, matching, Rubin Causal Model, average treatment effect, propensity score, inverse probability weighting, regression adjustment, local projection, identification
78Harris Dellas, Dirk Niepelt Macro Finance 2014Austerity, credit rationing, default, incomplete information, investment, growth, pooling equilibrium, separating equilibrium
77Benjamin Born, Gernot J. Müller, Johannes Pfeifer Macro Finance 2014Fiscal policy, austerity, sovereign risk, yield spreads, confidence, panel VAR, local projections, fiscal stress
76Carlo Ambrogio Favero, Francesco Giavazzi, Andreas Müller Macro Finance 2014fiscal adjustment, confidence, investment
75Markus Behn, Rainer Haselmann, Vikrant Vig Financial Intermediation 2014capital regulation, internal ratings, Basel regulation
74Nicole Branger, Patrick Konermann, Christoph Meinerding, Christian Schlag Financial Markets, Systemic Risk Lab 2014Dynamic Networks, Mutually Exciting Processes, Asset Pricing, General Equilibrium, Recursive Preferences
73Max Groneck, Alexander Ludwig, Alexander Zimper Household Finance, Macro Finance 2014Cumulative prospect theory, Choquet expected utility, Dynamic inconsistency, Life-cycle hypothesis, Saving puzzles
72Alexander Ludwig, Matthias Schön Household Finance, Macro Finance 2014Dynamic Models, Numerical Solution, Method of Endogenous Gridpoints, Delaunay Interpolation
71Daniel Harenberg, Alexander Ludwig Household Finance, Macro Finance 2014social security, idiosyncratic risk, aggregate risk, welfare, insurance, crowding out
70Deyan Radev Financial Intermediation 2014Banking Stability, Financial Distress, Tail Risk, Contagion
69Nina Biljanovska, Spyridon Palligkinis Household Finance, Macro Finance 2014Self-Control, Household Wealth, Household Finance
68Tobias Tröger Financial Intermediation 2014shadow banking, regulatory arbitrage, prudential supervision
67Sascha Baghestanian, Paul Gortner, Joël van der Weele Household Finance, Financial Markets, Experiment Center 2014peer effects, laboratory experiments, risk taking, asset markets
66Tobias Tröger Law and Finance 2014Corporate Groups, Related Party Transactions, Tunneling, Corporate Governance, E.U. Corporate Law, Shareholder Rights Directive, Group Interest, Minority Shareholder Protection, Creditor Protection
65Elia Berdin, Helmut Gründl Financial Intermediation 2014Life Insurers, Interest Rate Guarantees, Risk Assessment, Solvency II
64Daniel Herbold Law and Finance 2014Repeated Principal-Agent Model, On-the-Job Search, Moral Hazard, Multitasking, Efficiency Wages
63Nicola Fuchs-Schündeln, Michael Haliassos Household Finance 2014household finance, familiarity, financial literacy, stockholding, household debt, social interactions, consumer credit, counterfactual analysis, German reunification
62Patrick Behr, Alejandro H. Drexler, Reint Gropp, Andre Guettler Financial Intermediation, Systemic Risk Lab 2014Loan officer, incentives, monitoring, screening, loan origination
61Iñaki Aldasoro, Mike Seiferling Macro Finance 2014fiscal decentralization, vertical fiscal imbalances, panel data, public debt, GFSY
60Stefano Colonnello, Giuliano Curatola, Ngoc Giang Hoang Law and Finance 2014Compensation Structure, Credit Spread, Risk-Taking, Inside Debt, Business Cycle
59Daniel Harenberg, Alexander Ludwig Household Finance, Macro Finance 2014social security, idiosyncratic risk, aggregate risk, welfare
58Michael Haliassos, Thomas Jansson, Yigitcan Karabulut Household Finance 2014Household Portfolios, Household Finance, Cultural Influences on Economic Behavior
57Brigitte 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
56Giuliano Curatola, Michael Donadelli, Alessandro Gioffré, Patrick Grüning Financial Markets 2014Austerity Measures, Fiscal Policy, Endogenous Growth, R&D
55Jan Pieter Krahnen, Peter Ockenfels, Christian Wilde Financial Intermediation, Financial Markets, Transparency Lab, Experiment Center 2014ambiguity, valuation discount, experimental economics
54Sascha Baghestanian, Todd B. Walker Financial Markets, Experiment Center 2014Experimental Asset Markets, Anchoring, Bubbles
53Holger Kraft, Claus Munk, Frank Thomas Seifried, Mogens Steffensen Household Finance 2014Education, leisure, consumption hump, wage hump
52Holger Kraft, Thomas Seiferling, Frank Thomas Seifried Financial Markets 2014consumption-portfolio choice, asset pricing, stochastic differential utility, incomplete markets, fixed point approach, FBSDE
51Yacine 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
50Ignazio Angeloni, Ester Faia, Roland C. Winkler Macro Finance 2014exit strategies, debt consolidation, ?fiscal policy, ?fiscal multipliers, monetary policy, bank runs
49Stefania Bortolotti, Gabriele Camera, Marco Casari Macro Finance 2014money, coordination, pricing, transactions
48Marcel Bluhm, Jan Pieter Krahnen Macro Finance, Systemic Risk Lab 2014systemic risk, systemic risk charge, macroprudential supervision, Shapley value, financial network
47Michael Kosfeld, Ulrich Schüwer Household Finance, Experiment Center 2014consumer education,financial literacy, bounded rationality, competition, regulation
46Marcel Bluhm, Ester Faia, Jan Pieter Krahnen Macro Finance, Systemic Risk Lab 2014Network formation, contagion, central banks' interventions
45Fabio Castiglionesi, Fabio Feriozzi, Gyöngyi Lóránth, Loriana Pelizzon Financial Intermediation, Systemic Risk Lab 2014Bank Capital, Interbank Markets, Liquidity Coinsurance
44Lorenz Schendel Household Finance 2014Health shocks, Health expenses, Labor income risk, Stochastic mortality risk, Portfolio choice
43Lorenz Schendel Household Finance 2014Stochastic mortality risk, Health jumps, Labor income risk, Portfolio choice, Insurance
42Reint Gropp, John Krainer, Elizabeth Laderman Financial Intermediation, Transparency Lab 2014credit supply, deleveraging, households, financial crisis
41Adrian Buss, Raman Uppal, Grigory Vilkov Financial Markets 2014liquidity premium, incomplete markets, portfolio choice, heterogeneous agents
40Christoph Hambel, Holger Kraft, Lorenz Schendel, Mogens Steffensen Household Finance 2014Health shocks, Portfolio choice, Term life insurance, Mortality risk, Labor income risk
39H. Evren Damar, Reint Gropp, Adi Mordel Financial Intermediation 2014credit supply, banking, financial crisis, consumption expenditure, liquid assets, consumption smoothing
38Claudia Lambert, Felix Noth, Ulrich Schüwer Financial Intermediation 2013financial crisis, deposit insurance, bank regulation
37Deyan Radev Financial Intermediation, Systemic Risk Lab 2013Sovereign debt, Sovereign default, Financial distress, Systemic risk, Contagion, Banking stability, Tail risk
36Florian Hett, Alexander Schmidt Financial Intermediation, Transparency Lab, Experiment Center 2013Bailout, Implicit Guarantees, Too-Big-To-Fail, Market Discipline
35Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide Financial Markets 2013Competition, Fragmentation, Market Structure, Liquidity, Price Discovery
34Nicole Branger, Patrick Grüning, Holger Kraft, Christoph Meinerding, Christian Schlag Financial Markets 2013General Equilibrium, Contagion Risk, Partial Information, Filtering, Recursive Utility
33Gabriele Camera, YiLi Chien Macro Finance 2013cash-in-advance, matching, microfoundations, money, inflation
32Gabriele Camera, Alessandro Gioffré Money and Finance 2013Social norms, repeated games, cooperation, payment systems
31Dirk Bursian, Sven Fürth Macro Finance, Systemic Risk Lab 2013Central Banking, European Central Bank, Financial Crisis, Fiscal Crisis, Trust
30Dirk Bursian, Markus Roth Macro Finance 2013Optimal monetary policy, parameter uncertainty, Taylor rule
29Iñaki Aldasoro, Ignazio Angeloni Macro Finance, Systemic Risk Lab 2013banks, input-output, systemic risk, too-interconnected-to-fail, networks, interbank markets
28Nicole Branger, Holger Kraft, Christoph Meinerding Financial Markets, Systemic Risk Lab, Transparency Lab 2013Asset Allocation, Contagion, Nonlinear Filtering, Hidden State, Self-exciting Processes
27Tobias Tröger Financial Intermediation 2013prudential supervision, banking union, regulatory capture, political economy of bureaucracy, Single Supervisory Mechanism (SSM), European Central Bank (ECB), European Banking Authority (EBA)
26Michael Brennan, Holger Kraft
Financing Asset Growth
Financial Markets 2013
25Holger Kraft, Alexander Schmidt Financial Intermediation, Systemic Risk Lab 2013Systemic risk, Value-at-risk, Equity options, Implied volatility
24Andrej Gill, Nikolai Visnjic Law and Finance, Transparency Lab, Experiment Center 2013private equity, leveraged buyouts, active shareholders, ownership concentration, corporate governance
23Andrej Gill, Nikolai Visnjic Law and Finance, Transparency Lab, Experiment Center 2013private equity, leveraged buyouts, active shareholders, corporate restructuring, operational performance
22Dirk Bursian, Alfons J. Weichenrieder, Jochen Zimmer Macro Finance, Systemic Risk Lab 2013trust, debt sustainability, fiscal reaction function, euro area, EU
21Stefano Corradin, Reint Gropp, Harry Huizinga, Luc Laeven Financial Intermediation, Transparency Lab 2013Homestead exemptions, Personal bankruptcy, Portfolio allocation, Home ownership
20Zeno Adams, Roland Füss, Reint Gropp Financial Intermediation, Systemic Risk Lab 2013Risk spillovers, state-dependent sensitivity value-at-risk (SDSVaR), quantile regression, financial institutions, hedge funds
19Reint Gropp, Christian Gruendl, Andre Guettler Financial Intermediation, Transparency Lab 2013soft information, discretionary lending, relationship lending, competition
18Alfons J. Weichenrieder, Jochen Zimmer Macro Finance 2013debt sustainability, fiscal reaction function, euro area
17Holger Kraft, Frank Thomas Seifried Financial Markets 2013stochastic differential utility, recursive utility, convergence, backward stochastic differential equation
16Marius Ascheberg, Nicole Branger, Holger Kraft, Frank Thomas Seifried Financial Markets 2013Optimal investment, jumps, stochastic volatility, welfare loss
15Holger Kraft, Claus Munk, Frank Thomas Seifried, Sebastian Wagner Household Finance 2013Consumption hump, life-cycle utility maximization, habit formation, impatience
14Dirk Bursian, Ester Faia Macro Finance 2013trust evolutionary games, risk perception, monetary transmission mechanism
13Laurent Calvet, Paolo Sodini Household Finance 2013Asset allocation, communication, genetics, habit formation, human capital, labor income, leverage, participation, risk-taking, social interactions, twin study
12Marcel Bluhm, Ester Faia, Jan Pieter Krahnen Macro Finance, Systemic Risk Lab 2013network formation, tâtonnement, contagion
11Nicole Branger, Holger Kraft, Christoph Meinerding Financial Markets, Systemic Risk Lab 2013General Equilibrium, Asset Pricing, Recursive Preferences, Long-Run Risk, Disaster Models
10Tim Eisert, Christian Eufinger Law and Finance, Systemic Risk Lab 2013bailout, cycle flows, cyclical liabilities, interbank network, leverage
9Christian Eufinger, Andrej Gill Law and Finance, Transparency Lab, Experiment Center 2013Basel III, capital regulation, compensation, leverage, risk
8Ignazio Angeloni, Ester Faia, Marco Lo Duca Macro Finance 2013bank runs, risk taking, monetary policy
7Matthieu Darracq Pariès, Ester Faia, Diego Rodriguez Palenzuela Macro Finance, Systemic Risk Lab 2013liquidity risk, sovereign risk, capital regulations
6Holger Kraft, Eduardo S. Schwartz Financial Markets, Transparency Lab 2013Firm valuation, Real options, Volatility, R&D expenses
5Grigory Vilkov, Yan Xiao Financial Markets 2013extreme value theory, tail measure, implied correlation, variance risk premium, option-implied distribution, predictability, portfolio optimization
4Markku Kaustia, Elias Rantapuska Household Finance 2013mood, seasonal affective disorder (SAD), weather, trading behavior, stock market
3Markku Kaustia, Antti Lehtoranta, Vesa Puttonen Household Finance 2013stock return expectations, sophistication, financial literacy, adviser
2Markku Kaustia, Samuli Knüpfer, Sami Torstila Household Finance 2013Stock ownership, political behavior, salience, attention, identity
1Dimitris Georgarakos, Michael Haliassos, Giacomo Pasini Household Finance 2013household finance, household debt, social interactions, mortgages, consumer credit, informal loans