Wirtschaftswissenschaften
Refine
Year of publication
- 2022 (172) (remove)
Document Type
- Working Paper (99)
- Part of Periodical (55)
- Article (8)
- Contribution to a Periodical (5)
- Book (4)
- Part of a Book (1)
Has Fulltext
- yes (172)
Is part of the Bibliography
- no (172) (remove)
Keywords
- regulation (5)
- financial markets (4)
- ESG (3)
- inflation (3)
- AI borrower classification (2)
- AI enabled credit scoring (2)
- Artificial Intelligence (2)
- Banking Union (2)
- Big Data (2)
- COVID-19 (2)
- Experiment (2)
- FOMC (2)
- FinTech (2)
- Financial Regulation (2)
- GDPR (2)
- Germany (2)
- Household Finance (2)
- Market Liquidity (2)
- Performance (2)
- Sustainability (2)
- Transparency (2)
- banking regulation (2)
- brown-spinning (2)
- climate change (2)
- coronavirus (2)
- corporate finance (2)
- credit scoring methodology (2)
- credit scoring regulation (2)
- financial privacy (2)
- financial stability (2)
- household income (2)
- natural gas (2)
- peer effects (2)
- political economy (2)
- portfolio management (2)
- private companies (2)
- private equity (2)
- public debt (2)
- responsible lending (2)
- social media (2)
- statistical discrimination (2)
- 2-Sector Model (1)
- 401(k) plan (1)
- Affordability crisis (1)
- Agile methods (1)
- Antitrust (1)
- Art investment (1)
- Asset Pricing (1)
- Asset prices (1)
- Bailin (1)
- Bank Accounting (1)
- Bank's Balance Sheets (1)
- Banking (1)
- Banks (1)
- Bayesian Estimation (1)
- Behavioral Finance (1)
- Behavioral Measurement (1)
- Beliefs (1)
- Bias in medical research (1)
- Big Five Personality (1)
- Big data (1)
- Blockchain (1)
- Broker (1)
- Business Subsidies (1)
- CBDC (1)
- CCPA (1)
- CECL (1)
- Carbon Taxation (1)
- Cash (1)
- Causal Machine Learning (1)
- Choice under Risk (1)
- Cholesky decomposition (1)
- Climate Change (1)
- Coalitions (1)
- Colocation (1)
- Complex Financial Instruments (1)
- Consumer Welfare (1)
- Corporate concentration (1)
- Covid pandemic (1)
- Covid-19 (1)
- Cultural Finance (1)
- Customer data sharing (1)
- Cybersecurity (1)
- DSGE (1)
- DSGE models (1)
- Data access (1)
- Data portability (1)
- Data protection (1)
- Digital footprints (1)
- Digital service chain (1)
- Disclosure (1)
- Disclosure regulation (1)
- ESM (1)
- Economic and Monetary Union (1)
- Energy Embargo (1)
- Enriched Digital Footprint (1)
- Environmental (1)
- Environmental, social, and governance factors (ESG) (1)
- Estimation (1)
- Ethical issues (1)
- Ethics (1)
- European Banking Union (1)
- European Capital Markets Union (1)
- European Central Bank (1)
- European Commission (1)
- European Investment Bank (1)
- European Parliament (1)
- European Stability Mechanism (1)
- European integration (1)
- Eurozone (1)
- Execution Cost (1)
- Expected credit losses (1)
- Externalities (1)
- FinTechs (1)
- Financial Supervision (1)
- Financial interests (1)
- Fintech (1)
- Fixed Income (1)
- Forecasting (1)
- Fund family (1)
- Gambling (1)
- Generationenrente (1)
- Generations (1)
- Global Optimization (1)
- Governance (1)
- Green Nudging (1)
- Green Quantitative Easing (1)
- Greenwashing (1)
- Headline (1)
- Heterogeneous Agents (1)
- Heterogeneous Firms (1)
- High-Frequency Trading (1)
- History & Finance (1)
- Household finance (1)
- IFRS 9 (1)
- IPS (1)
- IV (1)
- IV approach (1)
- Idiosyncratic Risk (1)
- Impairments (1)
- Institutional Investor (1)
- Integrated Assessment Model (1)
- Invasion (1)
- LBO spillovers (1)
- Lending (1)
- Life insurance companies (1)
- Limited Commitment (1)
- Limited Enforcement (1)
- Limits to Arbitrage (1)
- Liquidity (1)
- Liquidity Risk (1)
- Loans (1)
- Long-run risk (1)
- Lottery stocks (1)
- Maastricht criteria (1)
- Marginal Propensity to Consume (1)
- Market Fragmentation (1)
- Market Microstructure (1)
- Market Quality (1)
- Marketplace lending (1)
- Mixed-frequency data (1)
- Model-based regulation (1)
- Monte Carlo Methods (1)
- Morality (1)
- NFT (1)
- Nachhaltigkeit (1)
- Non-Fungible Tokens (1)
- Numerical accuracy (1)
- Online Poker (1)
- Open banking (1)
- P2P lending (1)
- PIPL (1)
- Paycheck Protection Program (1)
- Paycheck Sensitivity (1)
- Persistence (1)
- Pivotality (1)
- Political Economy (1)
- Portfolio optimization (1)
- Price elasticity of gasoline demand (1)
- Pricing Determinants (1)
- Product returns (1)
- Prosociality (1)
- Public Finance (1)
- Real estate (1)
- Reallocation (1)
- Regulation (1)
- Rents (1)
- Research and development (1)
- Retail Challenge (1)
- Retail investors (1)
- Risk Attitudes (1)
- Risk Preferences (1)
- Risk Sharing (1)
- Russia (1)
- Russian Sanction (1)
- SME Trading (1)
- SRB (1)
- SRF (1)
- SVAR (1)
- SWIFT (1)
- Scrum (1)
- Securities Market Regulation (1)
- Short-run and long-run inflation expectations (1)
- Short-time work (1)
- Social (1)
- Social Impact (1)
- Social Learning (1)
- Social Security claiming (1)
- Socially responsible investments (1)
- Solution methods (1)
- Solvency regulation (1)
- Stability and Growth Pact (1)
- States (1)
- Stationary Equilibrium (1)
- Subsidization (1)
- Supervision (1)
- Supply Chain (1)
- Survey Data (1)
- Swiss Army Knife (1)
- Temporal aggregation (1)
- Textual Analysis (1)
- Time Inconsistency (1)
- Time Preferences (1)
- Transaction Data (1)
- Ukraine (1)
- Universal banks (1)
- Venture capital (1)
- Volcker Rule (1)
- Wettbewerbsrecht (1)
- accountability (1)
- ad blocker (1)
- annuity (1)
- argument mining (1)
- art (1)
- asset valuation (1)
- asymmetric information (1)
- auctions (1)
- bail-in (1)
- bank regulation (1)
- bank resolution (1)
- banking (1)
- banking union (1)
- banknotes (1)
- banks (1)
- belief formation (1)
- beliefs (1)
- betting (1)
- biases (1)
- big data (1)
- bitcoin (1)
- blockchain (1)
- bond market liquidity (1)
- bureaucrats' incentives (1)
- business cycle (1)
- capital regulation (1)
- capital requirements (1)
- central bank communication (1)
- climate (1)
- climate-related disclosures (1)
- coal (1)
- collateral reuse (1)
- computer vision (1)
- computer visionbiases (1)
- conditionality (1)
- continuous limit order book (1)
- core (1)
- credit risk (1)
- creditors runs (1)
- crises (1)
- cross-equation restrictions of rational expectations (1)
- cross-section (1)
- cryptocurrencies (1)
- debt cost (1)
- democracy (1)
- deposit guarantee scheme (1)
- derivatives (1)
- diesel (1)
- digital planning tool (1)
- disagreement (1)
- disaster risk (1)
- discourse analysis (1)
- discrimination (1)
- economic governance (1)
- economies of scale (1)
- electricity (1)
- endogeneity (1)
- energy crisis (1)
- equity cost (1)
- experts (1)
- external instruments (1)
- factorization of matrix polynomials (1)
- filtering (1)
- finance (1)
- finance and development (1)
- finance wage premium (1)
- financial distress (1)
- financial solidarity (1)
- fintech (1)
- fiscal rules (1)
- fiscal solidarity (1)
- frequent batch auctions (1)
- gasoline (1)
- gasoline supply (1)
- gasoline tax (1)
- geo-economics (1)
- government bonds (1)
- green financing (1)
- high-frequency trading (1)
- identification (1)
- inequality (1)
- inflation expectations (1)
- inflation surge (1)
- insider trading (1)
- institutions (1)
- investment behavior (1)
- investment decisions (1)
- investment forum (1)
- jet fuel (1)
- kapitalgedeckte Alterssicherung (1)
- labelling (1)
- latency arbitrage (1)
- leverage constraint (1)
- life expectancy (1)
- liquidity provision (1)
- loanable funds (1)
- longevity (1)
- machine learning (1)
- market design (1)
- market microstructure (1)
- market supervision (1)
- market-making (1)
- monetary policy (1)
- monetary policy rule (1)
- monetary system (1)
- monetary transmission (1)
- monetization of content (1)
- money (1)
- money creation (1)
- moral hazar (1)
- motivated reasoning (1)
- national interest (1)
- neoinstitutionalism (1)
- net zero transition (1)
- net-zero transition (1)
- news consumption (1)
- oil (1)
- online advertising (1)
- opinion (1)
- orthogonalization (1)
- pass-through (1)
- pensions (1)
- persistent or transitory inflation shock (1)
- polarization (1)
- policy reform (1)
- policy rule (1)
- price stability (1)
- property rights (1)
- proprietary trading (1)
- randomized control trial (1)
- randomized controlled trial (1)
- reconciliation of Lucas's advocacy of rational-expectations modelling and policy predictions and Sims's advocacy of VAR modelling (1)
- recursive utility (1)
- rehypothecation (1)
- repo market (1)
- retirement (1)
- retirement expectations (1)
- retirement planning (1)
- risk preference (1)
- safe assets (1)
- saving behavior (1)
- savings banks (1)
- securities lending (1)
- service design (1)
- service improvement (1)
- service innovation (1)
- simultaneity (1)
- skill-biased technological change (1)
- sniping (1)
- social impact (1)
- social networks (1)
- sovereign bonds (1)
- sovereign debt (1)
- stabilization (1)
- stock market investment (1)
- structural power (1)
- survey (1)
- survey experiment (1)
- survey forecasts (1)
- sustainability (1)
- sustainability disclosures (1)
- tax arbitrage (1)
- taxes (1)
- textual analysis (1)
- uncertainty (1)
- venture capital (1)
- worker-firm panels (1)
Institute
- Wirtschaftswissenschaften (172)
- Sustainable Architecture for Finance in Europe (SAFE) (126)
- Center for Financial Studies (CFS) (86)
- House of Finance (HoF) (67)
- Foundation of Law and Finance (18)
- Rechtswissenschaft (15)
- Institute for Monetary and Financial Stability (IMFS) (14)
- Präsidium (9)
- E-Finance Lab e.V. (4)
- Gesellschaftswissenschaften (3)
In a parsimonious regime switching model, we find strong evidence that expected consumption growth varies over time. Adding inflation as a second variable, we uncover two states in which expected consumption growth is low, one with high and one with negative expected inflation. Embedded in a general equilibrium asset pricing model with learning, these dynamics replicate the observed time variation in stock return volatilities and stock- bond return correlations. They also provide an alternative derivation for a measure of time-varying disaster risk suggested by Wachter (2013), implying that both the disaster and the long-run risk paradigm can be extended towards explaining movements in the stock-bond correlation.
This article compares the three initial safety nets spanned by the European Union in response to the Covid-19 crisis: SURE, the Pandemic Crisis Support, and the European Guarantee Fund. It compares their design regarding scope, generosity, target groups, implementation, the types of solidarity and conditionality, and asks how they reflect on core-periphery relations in the EU. The article finds that the most important factor in all three instruments is risk-sharing between member states, even though SURE and the EGF display elements of fiscal solidarity. Finally, the article shows that Euro crisis countries from the South are the main recipients of financial aid, while Central and East European countries receive significantly less assistance and core countries in the North and West have no need for them.