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
Andreas Hackethal, Tobin Hanspal, Dominique Lammer, Kevin Rink The Characteristics and Portfolio Behavior of Bitcoin Investors: Evidence from Indirect Cryptocurrency Investments
Review of Finance 		Household Finance Published Paper 2022
Loriana Pelizzon, Anjan Thakor, Calebe de Roure P2P Lenders versus Banks: Cream Skimming or Bottom Fishing?
The Review of Corporate Finance Studies 		Household Finance, Financial Markets Published Paper 2022
Andrej Gill, Florian Hett, Johannes Tischer Time Inconsistency and Overdraft Use: Evidence from Transaction Data and Behavioral Measurement Experiments
SAFE Working Paper No. 347 		Household Finance, Experiment Center SAFE Working Paper 2022
Fabian Nemeczek, Jan Wedigo Radermacher Personality-Augmented MPC: Linking Survey and Transaction Data to Explain MPC Heterogeneity by Big Five Personality Traits
SAFE Working Paper No. 348 		Household Finance SAFE Working Paper 2022
Claes Bäckman, Tobin Hanspal Participation and Losses in Multi-Level Marketing: Evidence from an FTC Settlement
Finance Planning Review 		Household Finance Published Paper 2022
Steffen Eibelshäuser, Fabian Smetak Frequent Batch Auctions and Informed Trading
SAFE Working Paper No. 344 		Household Finance, Financial Markets SAFE Working Paper 2022
Roman Inderst, Marcus Opp Socially Optimal Sustainability Standards with Non-Consequentialist ("Warm Glow") Investors
SAFE Working Paper No. 346 		Financial Intermediation, Law and Finance, Household Finance SAFE Working Paper 2022
Claes Bäckman, Tobin Hanspal Participation and Losses in Multi-Level Marketing: Evidence from a Federal Trade Commission Settlement
Finance Planning Review 		Household Finance Published Paper 2022
Victor Klockmann, Marie Claire Villeval, Alicia von Schenk Artificial Intelligence, Ethics, and Intergenerational Responsibility
SAFE Working Paper No. 335 		Household Finance, Experiment Center SAFE Working Paper 2022
Victor Klockmann, Marie Claire Villeval, Alicia von Schenk Artificial Intelligence, Ethics, and Pivotality
SAFE Working Paper No. 336 		Household Finance, Experiment Center SAFE Working Paper 2022

Current Research Team

Researcher Position
Bäckman, Claes Postdoctoral Researcher
Balakina, Olga Postdoctoral Researcher
Chen, Jasmine Research Assistant
Duraj, Kamila Research Assistant
Eyting, Markus Postdoctoral Researcher
Famulok, Jakob Research Assistant
Gill, Andrej SAFE Fellow
Hackethal, Andreas Bridge Professor
Hett, Florian SAFE Fellow
Huang, Zhuowei Postdoctoral Researcher
Jürß, Anika Research Assistant
Laudenbach, Christine Professor
Maurer, Raimond SAFE Fellow
Mitchell, Olivia S. SAFE Fellow
Schirmer, Philipp Research Assistant
Wies, Simone SAFE Fellow
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