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
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities
SAFE Working Paper No. 150
Household Finance SAFE Working Paper 2016
Markku Kaustia, Elias Rantapuska Does Mood Affect Trading Behavior?
Journal of Financial Markets
Household Finance Published Paper 2016
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, Tatjana Schimetschek The Potential Effect of Offering Lump Sums as Retirement Payments
Policy Letter No. 50
Household Finance Policy Paper 2015
Bijan Kaffenberger, Mark Wahrenburg Fragmentation in the European Retail Deposit Market and Implications for Loan Availability in European Member States
White Paper No. 31
Household Finance Policy Paper 2015
Ester Faia, Andreas Hackethal, Michael Haliassos, Katja Langenbucher Financial Regulation: A Transatlantic Perspective
Cambridge University Press
Household Finance, Macro Finance Published Paper 2015
Michael Haliassos Keeping Households out of Financial Trouble
in E. Faia, A. Hackethal, M. Haliassos, and K. Langenbucher (eds.), Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
Household Finance Published Paper 2015
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 Finance Published Paper 2015
Katja Langenbucher Household Finance and the Law – A Case Study on Economic Transplants
in E. Faia, A. Hackethal, M. Haliassos, and K. Langenbucher (eds.), Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
Household Finance Published Paper 2015
Andreas Hackethal Financial Advice
in E. Faia, A. Hackethal, M. Haliassos, and K. Langenbucher (eds.), Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
Household Finance Published Paper 2015
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 Published Paper 2015

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