Household Finance

The department Household Finance conducts research on the financial decisions of private households and the interplay between the supply of and the demand for financial services. The research projects in this area are united by the overarching goal of developing solutions that lead to better financial decisions by households. In addition to the microeconomic perspective, the department also follows a macroeconomic perspective, for example concerning the design of pension systems as a determinant of both the depth and width of capital markets and long-term wealth formation in the household sector of an economy.


Publications

Author/s Title Area Type Published
Peter Andre, Joel P. Flynn, George Nikolakoudis, Karthik A. Sastry Quick-Fixing: Near-Rationality in Consumption and Savings Behavior
SAFE Working Paper No. 434
Household Finance SAFE Working Paper 2024
Jakob Famulok, Emily Kormanyos, Daniel Worring Do Investors Use Sustainable Assets as Carbon Offsets?
SAFE Working Paper No. 431
Household Finance SAFE Working Paper 2024
Christine Laudenbach, Stephan Siegel Personal Communication in an Automated World: Evidence from Loan Repayments
SAFE Working Paper No. 428
Household Finance SAFE Working Paper 2024
Christine Laudenbach, Ulrike M. Malmendier, Alexandra Niessen-Ruenzi The Long-Lasting Effects of Living under Communism on Attitudes towards Financial Markets
SAFE Working Paper No. 429
Household Finance SAFE Working Paper 2024
Peter Andre, Ingar Haaland, Christopher Roth, Mirko Wiederholt, Johannes Wohlfart Narratives about the Macroeconomy
SAFE Working Paper No. 426
Household Finance, Experiment Center SAFE Working Paper 2024
Julian Detemple Thoughts about the Dictator and Trust Game
SAFE Working Paper No. 422
Household Finance, Experiment Center SAFE Working Paper 2024
Michael Kosfeld, Zahra Sharafi The Preference Survey Module: Evidence on Social Preferences from Tehran
Journal of the Economic Science Association
Household Finance, Experiment Center Published Paper 2024
Konstantin Bräuer, Andreas Hackethal, Tobin Hanspal, Samuel M. Hartzmark Educating Investors about Dividends
SAFE Working Paper No. 420
Household Finance SAFE Working Paper 2024
Claes Bäckman, Patrick Moran, Peter van Santen Mortgage Design, Repayment Schedules, and Household Borrowing
SAFE Working Paper No. 421
Household Finance, Macro Finance SAFE Working Paper 2024
Ester Faia, Andreas Fuster, Vincenzo Pezone, Basit Zafar Biases in Information Selection and Processing: Survey Evidence from the Pandemic
The Review of Economics and Statistics
Household Finance Published Paper 2024

Ongoing Research Projects

Household Finance
Human-AI Collaboration, Human-AI Complementarities, Non-Monetary Incentives to Work, Meta-Learners
Household Finance, Experiment Center
Household Finance
Short-term and long-term consumption response to systematic income shocks, liquid hand-to-mouth, behavioral measurement, time preferences, bounded rationality, robust heterogeneity, structural behavioral, experiential learning, goal setting, financial li
Household Finance, Experiment Center
Household Finance, Experiment Center
Communication, Echo Chambers, Biased Beliefs

Current Research Team

Researcher Position
Balakina, Olga Postdoctoral Researcher
Chen, Jasmine Doctoral Student
Duraj, Kamila Doctoral Student
Eyting, Markus Postdoctoral Researcher
Famulok, Jakob Doctoral Student
Gill, Andrej SAFE Fellow
Hackethal, Andreas Professor
Hett, Florian SAFE Fellow
Hinz, Oliver Professor
Laudenbach, Christine Professor
Liebich, Lena Doctoral Student
Maurer, Raimond SAFE Fellow
Meyer, Steffen SAFE Fellow
Mitchell, Olivia S. SAFE Fellow
Putz, Bianca Postdoctoral Researcher
Wies, Simone SAFE Fellow