Completed Research Projects

Researcher Project Research Area Project Duration Keywords Project ID Publication Count
Giuliano Curatola, Ester Faia, Henning Hesse, Christian Hirsch, Sören Karau, Jan Pieter Krahnen, Valeria Patella, Christian Wilde Debt Market Imperfections and Macroeconomic Implications Macro Finance 2012 11191 1
Christel Merlin Kuate Kamga, Christian Wilde CDS Markets: Liquidity, Default Risk, and Correlation Risk Financial Institutions, Systemic Risk Lab 2012 CDS, default risk, liquidity premia, financial crisis 11124 1
Holger Kraft, A New Approach to Measuring Systemic Risk: Option-implied Tail Risk Dependencies in the Financial Sector Financial Institutions, Systemic Risk Lab 2012 Systemic risk, Value-at-risk, Equity options, Implied volatility 11122 1
Claudia Lambert, Felix Noth, Ulrich Schüwer Consequences of Adverse Shocks on Bank Behavior Financial Institutions, Systemic Risk Lab 2013 natural disasters, non-performing assets, bank failures 11123 1
Jan Pieter Krahnen, Peter Ockenfels, Christian Wilde Experimental Studies on Ambiguity and Ambiguity Aversion Financial Institutions, Transparency Lab 2013 ambiguity, ambiguity aversion, valuation discount, experimental economics 11125 1
Tim Eisert, Christian Eufinger, Andrej Gill, Christian Hirsch, Uwe Walz Corporate Governance in Banks Corporate Finance, Transparency Lab, Systemic Risk Lab 2013 Corporate Governance, Financial Institutions, Management Compensation, Moral Hazard, Ownership Structure, Risk Shifting 11221 1
Christian Rauch, Uwe Walz Leverage in Private Equity: A Potential Source of Systemic Risk? Corporate Finance, Systemic Risk Lab 2013 Competition, Peers, LBOs, Product Market, Restructuring 11222 1
Nicola Fuchs-Schündeln, Michael Haliassos How Does Household Financial Behavior Respond to Changes in the Economic Environment? Household Finance 2013 household finance, product awareness, natural experiment 11321 1
Michael Haliassos, Thomas Jansson, Yigitcan Karabulut Culture and Household Financial Behavior Household Finance 2013 Household Finance, Culture, Institutions, European Integration 11350 1
Sophie Ahlswede, Andreas Hackethal, Steffen Meyer Portfolio Reporting: How to Help individual Investors Learn from Past Mistakes Household Finance 2013 Individual investor decisions, risk perception, risk reportung, financial literacy, peer benchmarking, nudges 11325 1
Andreas Hackethal, Sven-Thorsten Jakusch, Steffen Meyer Revealed Preferences and Risk Aversion in Financial Markets - New Empirical Evidence from a Maximum Likelihood Approach Household Finance 2013 Individual Investment behavior, round trip trades, prospect theory, expected utility, heterogeneity of preferences, time stability of preferences 11326 1
Holger Kraft, Claus Munk, Frank Thomas Seifried, Sebastian Wagner, Farina Weiss Numerical Methods in Life-Cycle Portfolio Choice with Labor Income, Housing and Biometric Risk Household Finance 2013 Labor income risk, Consumption, Portfolio choice, Insurance, Durable good 11323 1
Hector Calvo-Pardo, Chryssi Giannitsarou, Andreas Hackethal, Michael Haliassos, Thomas Jansson, Yigitcan Karabulut Implications of Financial Market Imperfections for Wealth and Debt Accumulation in the Household Sector Household Finance 2013 11390 1
Nicole Branger, Patrick Grüning, Holger Kraft, Christoph Meinerding, Christian Schlag General Equilibrium with Contagion Effects Financial Markets, Transparency Lab, Systemic Risk Lab 2013 General Equilibrium, Contagion Risk, Partial Information, Filtering, Recursive Utility, Asset Pricing, Jump Processes 11423 1
Biljana Biljanovska, Guido Ferrarini, Brigitte Haar, Randall S. Thomas, Tobias Tröger, Uwe Walz, Charles K. Whitehead Corporate Governance of Financial Institutions – Does say-on-pay matter? Corporate Finance, Transparency Lab 2013 Corporate Governance, Financial Institutions, Management Compensation, Moral Hazard, Ownership Structure, Say-on-pay 11224 1
Helmut Gründl Basel III and Solvency II - Risks and Side-Effects from their Interplay Financial Institutions, Systemic Risk Lab 2013 11126 1
Guido Friebel, Marie Lalanne, Bernard Richter, Peter Schwardmann, Paul Seabright Gendered Network Structures and Careers Corporate Finance, Transparency Lab 2013 Professional networks, gender wage gap, executive compensation, social networks, trust 12221 1
Peter Gomber, Ilya Gvozdevskiy, Satchit Sagade, Erik Theissen, Moritz Christian Weber, Christian Westheide Determinants of OTC Trading Volume Financial Markets, Transparency Lab, Systemic Risk Lab 2013 OTC Trading, Dark Pools, MiFID 11424 1
Reint Gropp, Deyan Radev, Michael Schröder The Internal Organization of Banks and the Transmission of Lending Shocks across Borders Financial Institutions, Systemic Risk Lab 2013 banking, contagion, liquidity shocks, solvency shocks, internal bank organization 11121 1
Markus Gangl, Fabian Ochsenfeld To Have and to Hold: Trends in Industry Rents for Germany Corporate Finance 2013 Wage distribution, wage rents, labor market segmentation, industry effects, multilevel modeling, German Socio-Economic Panel, Labour Force Survey, Germany 11225 1
Kai Jungbluth, Kosmas Kaprinis, Thomas Kelm, Katja Langenbucher, Tobias Tröger Household Finance: Legal and Institutional Framework Household Finance 2013 Household finance, investor protection, MiFid 11329 1
Sascha Baghestanian, Paul Gortner, Matthias Heinz, Heiner Schumacher, Joël van der Weele Non-Standard Preferences and Financial Decision Making Corporate Finance, Transparency Lab 2014 Social Preferences, Financial Institutions, Incentives 11223 1
Luca Amorello, Pedro Magalhães Batista, Biljana Biljanovska, Jacob Bonavita, Brigitte Haar, Katharina Pistor, Grygoriy Pustovit, Max Weber GLawFin – Private Contracts and Systemic Risk Corporate Finance, Systemic Risk Lab 2014 Financial Markets, Financial Institutions, Financial Stability, Financial Contracts, Corporate Finance, Corporate Governance, Financial Institutions, Financial Services, Law and Economics, Systemic Risk 12125 1
Stefano Colonnello, Giuliano Curatola, Ngoc Giang Hoang Executive Compensation and Credit Spread Corporate Finance 2014 Compensation Structure, Credit Spread, Risk-Taking, Inside Debt, Business Cycle 11227 1
Jens-Hinrich Binder, Theresa Kreft, Tobias Tröger Single Resolution Mechanism Financial Institutions 2014 Single Resolution Mechanism (SRM), Bank Reorganization, Bail in, Single Resolution Fund, Backstops, Banking Union 11135 1
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla Households Willingness to Delay Social Security Benefits Household Finance 2014 Life Cycle Portfolio Choice, Asset Allocation, Household Finance, Life Insurance, Social Security 11331 1
Gabriele Camera, Alessandro Gioffré Microfoundations of Money Macro Finance 2014 Social norms, Repeated games, Cooperation, Institutions, Payment systems 11523 1
Sascha Baghestanian, Paul Gortner, Baptiste Massenot Excessive Risk Taking, Compensation Schemes and Financial Market Stability Corporate Finance 2014 Compensation Schemes, Bubbles, Risk Seeking, Liquidity, Experimental Asset Markets 11226 1
Matthias Blonski, Paul Gortner, Heiner Schumacher, Joël van der Weele Non-Standard Preferences in Experimental Asset Markets Corporate Finance 2014 laboratory experiments, experimental asset markets, peer effects, social preferences 11231 1
Christoph Hambel, Holger Kraft, Frank Thomas Seifried, Sebastian Wagner, Farina Weiss The Continuous-Time Limit of Recursive Utility Financial Markets 2014 stochastic differential utility, recursive utility, convergence, backward stochastic differential equation 11426 1
Thomas Mosk Bargaining with a Bank Financial Institutions 2014 Bargaining, Financial Contracting 11141 1
Markus Kröll, Devesh Rustagi Corruption in the Lab and in the Field: Evidence from a Market for Credence Goods Corporate Finance 2014 Corruption, economic experiments, India, Milkmen 11228 1
Adrian Buss, Bernard Dumas, Raman Uppal, Grigory Vilkov Sentiment and the Economy: A General Equilibrium Analysis Financial Markets 2014 11425 1
Christoph Hambel, Holger Kraft, Mogens Steffensen, Sebastian Wagner, Farina Weiss Consumption-portfolio Choice with Critical Illness Household Finance 2014 Health shocks, Health expenses, Labor income risk, Stochastic mortality risk, Portfolio choice 11334 1
Elia Berdin, Helmut Gründl The Impact of Interest Rate and Mortality Risks on the Solvency Situation of Life Insurance Companies Financial Institutions 2014 Life Insurers, Interest Rate Guarantees, Risk Assessment, Solvency II, Effects of Monetary Policy 21180 1
Reint Gropp, Rasa Karapandza, Julian Opferkuch Public Soft Information Financial Institutions 2014 transparency, soft information, financial markets, financial institutions 11133 1
Adrian Buss, Raman Uppal, Grigory Vilkov, Kailin Zeng Asset Prices in General Equilibrium with Recursive Utility and Illiquidity Induced by Transactions Costs Financial Markets, Transparency Lab, Systemic Risk Lab 2014 11422 1
Nicole Branger, Patrick Grüning, Max Riedel, Christian Schlag Financialization in Commodity Markets Financial Markets 2014 financialization, commodities, heterogenous agents 11427 1
Reint Gropp, Thomas Mosk, Steven Ongena, Carlo Wix Capital Requirements and Bank Lending Financial Institutions, Transparency Lab 2014 banking, bank capital, capital regulation 11129 1
Reint Gropp, Vahid Saadi Redlining in the US Housing Market and the Early Stage of the Housing Bubble Financial Institutions 2014 Community Reinvestment Act, Mortgage supply, Housing boom, Financial crisis 11140 1
Enzo Cerletti, Ester Faia, Michael Haliassos, Spyridon Palligkinis Housing Wealth Across Cultures, Institutional Environments, and Life Cycles Macro Finance, Household Finance 2014 housing investment, status utility, bequest, portfolio decisions, borrowing constraints 11524 0
Yangming Bao, Martin Götz, Dominic Hirschbühl, Luc Laeven, Ross Levine Bank Diversification and Risk Management Financial Institutions 2014 Geographic Corporate Diversification, Bank Risk, Banking, Economies of scope, Diversification Benefits 11131 1
Patrick Konermann, Christoph Meinerding, Christian Schlag Network Connectivity, Self-Exciting Jumps and General Equilibrium Asset Prices Financial Markets 2014 Asset Pricing, General Equilibrium, Recursive Preferences, Dynamic Networks, Mutually Exciting Processes, Jump Processes, Contagion Risk, Network Connectivity 11428 1
Iñaki Aldasoro, Ester Faia, Anne-Caroline Hüser Risk Cascades in Banking Networks and the Measurement of Systemic Risk Macro Finance, Systemic Risk Lab 2014 liquidity hoarding, contagion channels, global games 11591 1
Holger Kraft The Sovereign-Bank Loop: Contagion Between Sovereign and Bank Credit Markets Financial Institutions 2014 Contagion, Sovereign Debt Crisis, CDS, Panel VAR, Sign Restrictions 11137 1
Giuliano Curatola, Ilya Dergunov Preference Evolution and Asset Prices Macro Finance 2014 11527 1
Sascha Baghestanian, Baptiste Massenot Fragility of Credit Markets Macro Finance 2014 Experimental Loan Markets, Gambler's Fallacy, House Money Effect, Break Even Effect 11528 1
Mila Getmansky Sherman, Giulio Girardi, Stanislava Nikolova, Loriana Pelizzon, Kathleen Weiss Hanley Interconnectedness of Insurance Companies Financial Institutions, Systemic Risk Lab 2014 Regulation, Systemic risk, portfolio exposures, networks, Insurance companies 12127 1
Christoph Hambel, Holger Kraft, Claus Munk, Sebastian Wagner, Farina Weiss Household Decisions when Stocks, Labor Income and House Prices Share a Common Trend Household Finance 2014 Return predictability, house prices, labor income, stock prices, human capital, time-varying expectations, optimal life-cycle consumption and investment, renting vs.owning, intertemporal hedging, stock market participation, welfare loss 11335 1
Mario Bellia, Loriana Pelizzon, Max Riedel, Marti Subrahmanyam, Davide Tomio, Jun Uno Limits to Arbitrage in Sovereign Bonds: Price and Liquidity Discovery in High Frequency Quote Driven Markets Financial Markets, Systemic Risk Lab 2014 Sovereign bonds, Liquidity, futures markets, ECB interventions, futures-bond basis, arbitrage 12126 1
Shafik Hebous, Alfons J. Weichenrieder New Fiscal Institutions for Europe? Macro Finance 2014 Fiscal institutions, Fiscal Union, Fiscal capacity, Asymmetric shocks, Fiscal federalism in Europe 11531 1
Mohamed Aldegwy, Suramya Shukla, Matthias Thiemann Do Basel III and the Dodd-Frank Act Reflect the Academic Debate on Macro-Prudential Regulation Macro Finance 2014 11530 1
Christoph Hambel, Holger Kraft, Claus Munk, Peter Schwamborn, Sebastian Wagner, Farina Weiss How Does Lifelong Learning Influence Consumption Portfolio Choice? Household Finance 2014 Education, Human capital, Consumption, Leisure 11332 1
Giuliano Curatola, Michael Donadelli, Patrick Grüning International Models of Growth Financial Markets 2014 Endogenous Growth, Innovation, Product Market Competition, Long-run Risk, International Finance 11431 1
Ester Faia, Annalisa Molino Networks of Speculative Currencies: Equilibrium Existence and Sustainability Macro Finance 2014 money, payment systems, digital currency, dynamic optimization 11529 0
Mario Bellia, Loriana Pelizzon, Marti Subrahmanyam, Jun Uno, Darya Yuferova Strategic Behavior of High Frequency Traders During the Market Pre-Opening Period Financial Markets, Systemic Risk Lab 2014 High Frequency Traders, Order Submission, Order Cancellation, Pre-Opening, Price Discovery, Liquidity Provision 12150 1
Douglas Cumming, Uwe Walz, Jochen Christian Werth, Sijia Zhang Venture Boards - Empirical Evidence from Venture Capital-backed Start-Ups in the U.S. Corporate Finance 2015 Corporate Governance, Entrepreneurial Finance, Board Structure 11229 1
Raimond Maurer, Olivia S. Mitchell The Influence of Health Risks on the Optimal Portfolio Selection of Private Investors in the Life Cycle Household Finance 2015 health risk, optimal consumption decision, optimal portfolio decision, longevity risk 21391 1
Markus Gangl, Fabian Ochsenfeld Organizational Structure, Technological Change and Rising Wage Inequality in Germany: an Empirical Study Using Linked Employer-Employee Data Corporate Finance 2015 21290 1
Michael Donadelli, Renatas Kizys, Max Riedel Globally Dangerous Diseases: Bad News for Main Street, Good News for Wall Street? Financial Markets 2015 1
Monica Billio, Michael Donadelli, Antonio Paradiso, Max Riedel Which Market Integration Measure? Financial Markets 2015 1
Giuliano Curatola, Michael Donadelli, Patrick Grüning, Christoph Meinerding Investment-Specific Shocks, Business Cycles and Asset Prices Financial Markets 2015 1
Rainer Haselmann, Melissa Schultheis, Cornelius Veith, Beatrice Weder di Mauro Real Effects of a Bank Liquidity Shock on Bank Lending Decisions and Corporate Investments Financial Institutions 2015 21190 1
Stephanie Collet, Wolfgang König, Uwe Risch, Moritz Christian Weber Historical German Stock Market Database (GOETHE-Project) Data Center 2015 22362 1
Christopher Busch, Christian Geppert, Nils Grevenbrock, Daniel Harenberg, Alexander Ludwig The Welfare Effects of Social Security with Individual and Aggregate Risk: A Macroeconomic Analysis Macro Finance 2015 21592 1
Benjamin Clapham, Peter Gomber, Jascha-Alexander Koch, Sven Panz Management of Market Risks: Regulation and Coordination of Volatility Interruptions in Europe Financial Markets 2015 Circuit Breaker, Volatility Interruption, Volatility, Liquidity, Market Design, Coordination, Market Fragmentation, Volume Migration 21490 1
Nicola Fuchs-Schündeln Entwicklung der Einkommensungleichheit in Deutschland während der Finanzkrise Household Finance 2015 11340 1
Matthias Thiemann Shadow Banking with an Implicit Government Put Financial Institutions 2015 21181 1
Klaus Gugler, Michael Weichselbaumer, Christine Zulehner Crisis, Competition and Firms’ Workforce: Evidence from Procurement Auctions Corporate Finance 2016 21004 1
Mario Lackner, Christine Zulehner Rent Sharing and Gender Discrimination in Collegiate Athletics Corporate Finance 2016 21004 0
Ivelina Dimitrova, Martin Götz, Dominic Hirschbühl, Theresa Kreft, Tobias Tröger, Gerrit Tönningsen Bail-In Tracker Financial Institutions, Policy Center 2016 21182 1
Nicola Fuchs-Schündeln, Hannah Paule-Paludkiewicz, Paul Reimers Tax Treatment and Inequality in Labor Market Behavior Macro Finance, Household Finance 2016 21670 1
Giuliano Curatola, Ilya Dergunov Time-Varying Preferences and International Capital Markets Financial Markets, Household Finance 2016 Asset pricing, general equilibrium, heterogeneous agents, interdependent preferences, portfolio choice 21650 1
Vanya Horneff, Raimond Maurer, Olivia S. Mitchell Evaluating the Benefits of Hedging Longevity Risk Using Life Annuities with Liquidity Options Household Finance 2016 21660 1
Paul Gortner, Baptiste Massenot Capital Requirements and Financial Stability: Experimental Evidence Macro Finance, Financial Institutions, Corporate Finance, Financial Markets 2016 21650 1
Pedro Magalhães Batista, Iwona Matylda Grandjean, Brigitte Haar, Casimiro Antonio Nigro, Katharina Pistor Challenges for Competition Law arising from Financial Stability Corporate Finance 2016 bank regulation, too big to fail, financial stability, bank regulation, model based regulation, bank competition 21600 1
Jan Pieter Krahnen, Jun E. Li, Xu Liu, Loriana Pelizzon, Mihaela-Simina Puscasu, Christian Schlag, Sascha Steffen, Matthias Thiemann Quantitative Easing and Financial (In)Stability Financial Markets, Macro Finance, Systemic Risk Lab 2016 21480 1
Mario Bellia, Roberto Panzica, Loriana Pelizzon, Tuomas A. Peltonen The Demand for Central Clearing – To Clear or Not to Clear? Systemic Risk Lab 2016 Central Clearing, Credit Default Swap 22520 1
Monica Billio, Petr Jakubik, Nicola Mano, Loriana Pelizzon, Matteo Sottocornola Impacts of the Quantitative Easing on the European Insurance Industry Systemic Risk Lab 2016 Quantitative Easing, Insurance Company, SIFI 22521 1
Michael Donadelli, Patrick Grüning, Renatas Kizys, Max Riedel, Christian Schlag Climate Change, Business Cycle and Asset Prices Financial Markets 2016 21920 1
Mauro Bernardi, Monica Billio, Massimiliano Caporin, Roberto Casarin, Michele Costola, Lorenzo Frattarolo, Shawkat Hammoudeh, Ahmed Khalifa, Bertrand B. Maillet, Roberto Panzica, Loriana Pelizzon, Erdem Yenerdag European Early Warning System for Systemic Risk – Systemic Risk Lab 2016 Early warning system, systemic risk measures, financial stability, macro-financial linkages, network, sparsity, dynamic quantiles 22581 1
Paul Gortner, Joël van der Weele Financial Networks in the Field Household Finance 2016 21650 1
Vasso Ioannidou, Jose Liberti, Thomas Mosk, Jason Sturgess On the Impact of Government Credit Guarantees Programs on Firms' Access to Credit and Performance during the Financial Crisis Financial Institutions 2016 Access to credit, government guarantees 21923 1
Viral Acharya, Tim Eisert, Christian Eufinger, Christian Hirsch Whatever it Takes: The Real Effects of Unconventional Monetary Policy Data Center, Financial Institutions 2016 22390 1
Andrej Gill, Florian Hett Measuring Time Inconsistency by Using Bank Account Data Corporate Finance 2016 financial mistakes, transaction data, household finance, time-inconsistency, present bias, time preferences 21640 1
Rafael Lalive, Armin Schmutzler, Christine Zulehner Benefits of Procurement Auctions: Competitive Pressure vs. Selection of Efficient Suppliers Corporate Finance 2016 21004 0
Nikolaus Fink, Philipp Schmidt-Dengler, Konrad Stahl, Christine Zulehner Registered Cartels in Austria Corporate Finance 2016 21004 1
Klaus Gugler, Michael Weichselbaumer, Christine Zulehner Evaluation of Bidding Groups in First-Price Auctions Corporate Finance 2016 21004 0
Klaus Gugler, Michael Weichselbaumer, Christine Zulehner Analysis of Mergers in First-Price Auctions Corporate Finance 2016 21004 1
Horst Entorf, Jia Hou Equity of Opportunities, Educational Achievement, and Financial Literacy Household Finance 2017 21670 1
Yangming Bao, Martin Götz Local Spillover Effects and Corporate Investment Corporate Finance 2017 corporate investment, peer effects, local spillover, urban agglomeration 21224 1
Mario Bellia, Nicola Mano, Loriana Pelizzon, Matteo Sottocornola The Impact of Quantitative Easing on Stock and CDS Prices of European Insurance Companies Systemic Risk Lab, Financial Institutions 2017 22582 1
David Heller, Jan Krzyzanowski, Uwe Walz Financing Innovation in Europe Corporate Finance 2017 21280 1
Claes Bäckman, Tobin Hanspal Social Capital, Economic Opportunity, and Multi-Level Marketing Household Finance 2018 Consumer financial protection, Household finance, Entrepreneurship, Multi-level marketing, Ponzi scheme, Pyramid scheme 21328 1
Andreas Hackethal, Christine Laudenbach, Steffen Meyer, Thomas Pauls, Annika Weber Investor Characteristics and Long-Term Financial Decision Making Household Finance 2018 RCTs on administrative panel dataset, stock market participation, role of financial advice 21324 1
Florian Hett, Felix Schmidt Heterogeneity in the Sensitivity to Dynamic Incentives Household Finance 2018 Peer Effects, Laboratory Experiments, Experimental Finance, Tournaments, Behavioral Finance, Rank Incentives 21329 1
Roman Inderst The Impact of Boni Regulation - A Theoretical Analysis Corporate Finance 2018 boni, regulation 21217 1
Florian Deuflhard, Roman Inderst How to Reduce Inertia of Private Investors? Household Finance 2018 private investor inertia 21330 1
Stefano Colonnello, Giuliano Curatola, Alessandro Gioffré Pricing Sin Stocks: Ethical Preference vs. Risk Aversion Financial Markets 2018 Asset Pricing, General Equilibrium, Sin Stocks, ethical preferences 21429 1