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
Christine Laudenbach, Stephan Siegel Personal Communication in an Automated World: Evidence from Loan Repayments
The Journal of Finance
Household Finance Published Paper 2025
Kamila Duraj, Christine Laudenbach, Vincent R. Lindner Hessenmonitor Finanzkompetenz: Was wissen junge Erwachsene in Hessen über Geld und Finanzen? Abschlussbericht
White Paper No. 110
Household Finance Policy Paper 2025
Christine Laudenbach Finanzwissen versus Altersarmut: Warum die Bundesbürger ihr Schweigen über Geld brechen müssen
in A. Thoms, S. Dettmers, G. Wilke, F. Kienbaum, M. Oehl, and H. Schwiezer (eds.), Zukunft im Widerspruch. Wie Deutschland sich jetzt neu erfinden muss (Campus Verlag)
Household Finance Published Paper 2024
Kamila Duraj, Daniela Grunow, Michael Haliassos, Christine Laudenbach, Stephan Siegel Rethinking the Stock Market Participation Puzzle: A Qualitative Approach
SAFE Working Paper No. 441
Household Finance SAFE Working Paper 2024
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, Behavioral 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
Ingar Haaland, Christopher Roth, Mirko Wiederholt, Johannes Wohlfart Narratives about the Macroeconomy
SAFE Working Paper No. 426
Household Finance, Experiment Center, Behavioral 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, 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
Konstantin Bräuer, Andreas Hackethal, Tobin Hanspal, Samuel M. Hartzmark Educating Investors about Dividends
SAFE Working Paper No. 420
Household Finance SAFE Working Paper 2024

Current Research Team

Researcher Position
Bäckman, Claes Postdoctoral Researcher
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
Jürß, Anika Doctoral Student
Laudenbach, Christine Professor
Liebich, Lena Doctoral Student
Maurer, Raimond SAFE Fellow
Mitchell, Olivia S. SAFE Fellow
Wies, Simone SAFE Fellow