Center for Financial Studies (CFS)
Refine
Year of publication
Document Type
- Working Paper (1471)
- Report (77)
- Part of Periodical (58)
- Article (18)
- Conference Proceeding (3)
- Periodical (3)
- Book (1)
- Doctoral Thesis (1)
Is part of the Bibliography
- no (1632)
Keywords
- Deutschland (54)
- Geldpolitik (54)
- USA (45)
- monetary policy (41)
- Europäische Union (30)
- Monetary Policy (27)
- Schätzung (24)
- Währungsunion (22)
- Bank (21)
- Venture Capital (21)
- Risikokapital (20)
- Inflation (19)
- Liquidity (18)
- Haushalt (17)
- household finance (17)
- Corporate Governance (16)
- Banking Union (14)
- ECB (14)
- ESG (14)
- Financial Crisis (14)
- Going Public (14)
- Household Finance (14)
- Kreditmarkt (14)
- corporate governance (14)
- regulation (14)
- systemic risk (14)
- Aktienmarkt (13)
- Kreditrisiko (13)
- asset pricing (13)
- COVID-19 (12)
- Volatilität (12)
- liquidity (12)
- European Central Bank (11)
- Regulation (11)
- fiscal policy (11)
- insurance (11)
- Consumption (10)
- financial literacy (10)
- oil price (10)
- Asset Pricing (9)
- Contagion (9)
- Covid-19 (9)
- EMU (9)
- GARCH-Prozess (9)
- Inflation Targeting (9)
- Market Microstructure (9)
- Prognose (9)
- Regulierung (9)
- Sparen (9)
- bail-in (9)
- banking (9)
- competition (9)
- financial crisis (9)
- financial stability (9)
- inflation (9)
- Competition (8)
- Europäische Zentralbank (8)
- Financial Literacy (8)
- Fiscal Policy (8)
- Germany (8)
- Insurance (8)
- Kapitalertrag (8)
- Neuer Markt (8)
- Quantitative Easing (8)
- Solvency II (8)
- Stockholding (8)
- Transparency (8)
- Value at Risk (8)
- Wettbewerb (8)
- contagion (8)
- portfolio choice (8)
- regulatory arbitrage (8)
- welfare (8)
- Bankenaufsicht (7)
- Banks (7)
- Börsenkurs (7)
- Börsenzulassung (7)
- Disclosure (7)
- Finanzkrise (7)
- GARCH (7)
- General Equilibrium (7)
- Großbritannien (7)
- Precautionary Saving (7)
- Sustainable Finance (7)
- Systemic Risk (7)
- Wechselkurs (7)
- Wertpapieremission (7)
- banks (7)
- capital regulation (7)
- euro area (7)
- finance (7)
- forward guidance (7)
- leverage (7)
- real-time data (7)
- shadow banking (7)
- Bankenunion (6)
- Banking (6)
- Banking Regulation (6)
- Deflation (6)
- Emerging Market (6)
- Euro Area (6)
- Europäische Währungsunion (6)
- Financial Stability (6)
- Household finance (6)
- Kapitalgewinn (6)
- Kapitalmarkt (6)
- Klein- und Mittelbetrieb (6)
- Kredit (6)
- Kreditwesen (6)
- Learning (6)
- Machine Learning (6)
- Portfolio Choice (6)
- Portfolio Selection (6)
- Portfoliomanagement (6)
- Preisbildung (6)
- Private Equity (6)
- Schwellenländer (6)
- Uncertainty (6)
- Underpricing (6)
- Wirtschafts- und Währungsunion (6)
- ambiguity (6)
- banking regulation (6)
- climate change (6)
- consumption (6)
- financial regulation (6)
- interest rates (6)
- market discipline (6)
- model uncertainty (6)
- monetary policy rules (6)
- relationship lending (6)
- social security (6)
- venture capital (6)
- volatility (6)
- wealth inequality (6)
- Bankkredit (5)
- Basel III (5)
- Bayesian inference (5)
- Buffer Stock Saving (5)
- Business Cycle (5)
- Business Cycles (5)
- Capital Markets Union (5)
- Climate Change (5)
- DSGE (5)
- Derivat, Wertpapier (5)
- EZB (5)
- Einkommen (5)
- Event Study (5)
- Federal Reserve (5)
- Financial Regulation (5)
- Green Finance (5)
- Investmentfonds (5)
- Japan (5)
- Kapitalanlage (5)
- Liquidität (5)
- Market Efficiency (5)
- Mergers and Acquisitions (5)
- Mitgliedsstaaten (5)
- Model Uncertainty (5)
- Neuer Markt <Börse> (5)
- New Economy (5)
- Progressive Taxation (5)
- Risikomanagement (5)
- Ruhestand (5)
- Sustainability (5)
- Wirtschaftswachstum (5)
- Zinsfuß (5)
- annuity (5)
- asymmetric information (5)
- bank lending (5)
- bank resolution (5)
- banking union (5)
- credit risk (5)
- credit risk management (5)
- expectations (5)
- habit formation (5)
- human capital (5)
- law and finance (5)
- liquidity risk (5)
- liquidity trap (5)
- peer effects (5)
- pension (5)
- political economy (5)
- private equity (5)
- prudential supervision (5)
- public debt (5)
- risk-taking (5)
- saving (5)
- social interactions (5)
- sovereign risk (5)
- stockholding (5)
- term structure (5)
- transparency (5)
- uncertainty (5)
- zero lower bound (5)
- Öffentliche Ausgaben (5)
- 401(k) plan (4)
- Arbeitslosigkeit (4)
- Artificial Intelligence (4)
- Asset Allocation (4)
- Asymmetrische Information (4)
- BRRD (4)
- Bail-in (4)
- Bank Resolution (4)
- Bayesian Estimation (4)
- Brexit (4)
- Central Banking (4)
- China (4)
- Corporate Social Responsibility (4)
- Credit Ratings (4)
- Credit Risk (4)
- DSGE models (4)
- Darlehen (4)
- Disposition Effect (4)
- Entrepreneurship (4)
- Equity Premium (4)
- Erwartung (4)
- European Monetary Union (4)
- Financial Crises (4)
- Financial Institutions (4)
- Financial Markets (4)
- Financial crisis (4)
- Financial stability (4)
- Finanzplanung (4)
- Finanzwirtschaft (4)
- Fiskalpolitik (4)
- Fragmentation (4)
- High-Frequency Trading (4)
- Homeownership (4)
- Household Portfolios (4)
- IPO (4)
- Incomplete Markets (4)
- Inequality (4)
- Initial Public Offerings (4)
- Innovation (4)
- Integration (4)
- Investor Sentiment (4)
- Italien (4)
- Kanada (4)
- Kapitalmarkteffizienz (4)
- Konjunktur (4)
- Kreditsicherung (4)
- Kreditwürdigkeit (4)
- MiFID II (4)
- Monetary Union (4)
- Moral Hazard (4)
- Numerical accuracy (4)
- OTC markets (4)
- Portfolio choice (4)
- Prediction (4)
- Price Discovery (4)
- Privater Verbrauch (4)
- Rating (4)
- Restrukturierung (4)
- Risikoverteilung (4)
- Risk (4)
- Solution methods (4)
- Sovereign Risk (4)
- Sustainable Investments (4)
- Unconventional Monetary Policy (4)
- Unemployment (4)
- Unternehmenskooperation (4)
- Unternehmenssanierung (4)
- Value-at-Risk (4)
- Verbraucherpreis (4)
- Vertrag (4)
- Volatility (4)
- Wirecard (4)
- Xetra-Handelssystem (4)
- Zinsstruktur (4)
- Zinsstrukturtheorie (4)
- bailout (4)
- bank regulation (4)
- banking supervision (4)
- capital requirements (4)
- capital structure (4)
- collateral (4)
- debt sustainability (4)
- euro (4)
- exchange rates (4)
- financial intermediation (4)
- forecasting (4)
- globalization (4)
- goods market integration (4)
- growth (4)
- household debt (4)
- idiosyncratic risk (4)
- incomplete markets (4)
- inequality (4)
- inflation targeting (4)
- investment (4)
- investment decisions (4)
- law of one price (4)
- learning (4)
- leveraged buyouts (4)
- machine learning (4)
- makroprudenzielle Regulierung (4)
- model comparison (4)
- money (4)
- money creation (4)
- moral hazard (4)
- nominal rigidities (4)
- non-bank financial intermediation (4)
- policy rules (4)
- portfolio allocation (4)
- predictability (4)
- price discovery (4)
- price stability (4)
- purchasing power parity (4)
- rational expectations (4)
- realized volatility (4)
- relative price volatility (4)
- risk premium (4)
- structural reforms (4)
- systemisches Risiko (4)
- unemployment (4)
- Abnehmer (3)
- Adverse Selection (3)
- Aging (3)
- Aktienanlage (3)
- Aktienbörse (3)
- Algorithmic Trading (3)
- Altersversorgung (3)
- Arbeitsmarkt (3)
- Arbeitsproduktivität (3)
- Asset pricing (3)
- Asset-Backed Security (3)
- Aufsichtsratsvergütung (3)
- Auslandskredit (3)
- Bank regulation (3)
- Basler Eigenkapitalvereinbarung , 2001 (3)
- Beschaffungsmarketing (3)
- Beziehungsmanagement (3)
- Blockchain (3)
- Bundesbank (3)
- Börsenhändler (3)
- CDS (3)
- Capital-Asset-Pricing-Modell (3)
- Central Bank Communication (3)
- Climate change (3)
- Cointegration (3)
- Consumer Credit (3)
- Corporate Bonds (3)
- Credit Cards (3)
- Credit Spread (3)
- Debt-equity swap (3)
- Debt-nature swap (3)
- Deutsche Börse (3)
- Deutscher Corporate Governance Kodex (3)
- EDIS (3)
- ESM (3)
- ETFs (3)
- Economic and Monetary Union (3)
- Eurosystem (3)
- Expectations (3)
- FOMC (3)
- Fair value accounting (3)
- Fair-Value-Bewertung (3)
- FinTech (3)
- Financial Education (3)
- Financial Knowledge (3)
- Finanzierungstheorie (3)
- Finanzstabilität (3)
- Fiscal Multiplier (3)
- Fiscal Stimulus (3)
- G-7-Staaten (3)
- Geduld (3)
- Generally Accepted Accounting Principles (3)
- Gewinn (3)
- Gleichgewicht (3)
- Gläubiger (3)
- Governance (3)
- Government Spending (3)
- Granger Causality (3)
- Greece (3)
- Green bonds (3)
- Greenium (3)
- Growth (3)
- Heterogeneous Agents (3)
- High-Frequency Data (3)
- IFRS 9 (3)
- Inside Debt (3)
- Interconnectedness (3)
- Kalman filter (3)
- Kenntnis (3)
- Kleingewerbe (3)
- Konjunkturzyklus (3)
- Konsumentenkredit (3)
- Kreditkarte (3)
- Kreditsicherheit (3)
- Krisenmanagement (3)
- Labor Market (3)
- Labor income risk (3)
- Law and Finance (3)
- Lieferung (3)
- Limited Commitment (3)
- Limited Partnership (3)
- Liquidity Provision (3)
- Liquidity Risk (3)
- Länderrating (3)
- Länderrisiko (3)
- MREL (3)
- Machine learning (3)
- Market Structure (3)
- Monetary Policy Rules (3)
- Neokeynesianismus (3)
- Neural Networks (3)
- New Keynesian Model (3)
- Nominalzins (3)
- OECD (3)
- Optimal Monetary Policy (3)
- Pensions (3)
- Performance (3)
- Portfolio allocation (3)
- Preispolitik (3)
- Preisstarrheit (3)
- Price Efficiency (3)
- Prüfungsausschuss (3)
- R&D (3)
- Recursive Preferences (3)
- Reform (3)
- Rentenmarkt (3)
- Retail investors (3)
- Retirement (3)
- Return Predictability (3)
- Risiko (3)
- Risk Aversion (3)
- Risk Management (3)
- Risk Sharing (3)
- Robustness (3)
- Saving (3)
- Schock <Wirtschaft> (3)
- Schulden (3)
- Schuldverschreibung (3)
- Single Supervisory Mechanism (3)
- Social Security (3)
- Sovereign Debt (3)
- Sovereign debt (3)
- Staatsanleihe (3)
- Standardisierung (3)
- Sticky Prices (3)
- Systemic risk (3)
- TLAC (3)
- Textual Analysis (3)
- Trading (3)
- Transmissionsmechanismus (3)
- Transparenz (3)
- Trust (3)
- Umschuldung (3)
- Universalbank (3)
- Unternehmen (3)
- Unternehmenszusammenschluss (3)
- VAR (3)
- Venture capital (3)
- Verbrauch (3)
- Verbraucherpreisindex (3)
- Versicherungsmarkt (3)
- Vertrauen (3)
- Wage Rigidity (3)
- Wertpapiermarkt (3)
- Wirtschaftspolitik (3)
- Wohlfahrtseffekt (3)
- Wohlstand (3)
- Währungskrise (3)
- Zerobond (3)
- Zertifizierung (3)
- Zinsertragskurve (3)
- active shareholders (3)
- aggregate risk (3)
- asset purchases (3)
- bank runs (3)
- banking separation proposals (3)
- beliefs (3)
- bid-ask spread (3)
- big data (3)
- blockchain (3)
- border effects (3)
- business cycle (3)
- capital markets (3)
- central bank independence (3)
- commitment (3)
- confidence (3)
- consumption-portfolio choice (3)
- cooperation (3)
- corporate finance (3)
- corporate rating (3)
- credit constraints (3)
- crowding out (3)
- crude oil (3)
- currency crisis (3)
- discretion (3)
- discrimination (3)
- distress (3)
- downside risk (3)
- entrepreneurship (3)
- equity premium (3)
- financial distress (3)
- financial frictions (3)
- financial innovation (3)
- fintech (3)
- fiscal reaction function (3)
- gasoline price (3)
- hedging (3)
- housebanks (3)
- housing (3)
- implied volatility (3)
- incentives (3)
- insider trading (3)
- investor protection (3)
- jumps (3)
- laboratory experiments (3)
- limited attention (3)
- limits to arbitrage (3)
- loan contract design (3)
- longevity risk (3)
- monetary transmission mechanism (3)
- money market funds (3)
- monitoring (3)
- mortgages (3)
- networks (3)
- panel VAR (3)
- pension reform (3)
- persistence (3)
- proprietary trading (3)
- public policy (3)
- quantitative easing (3)
- recursive utility (3)
- regime-switching (3)
- retirement (3)
- retirement age (3)
- retirement income (3)
- risk aversion (3)
- risk taking (3)
- social preferences (3)
- spatial data (3)
- sticky prices (3)
- stochastic differential utility (3)
- stochastic volatility (3)
- sustainability (3)
- sustainable finance (3)
- systematic risk (3)
- taxes (3)
- trading behavior (3)
- unconventional monetary policy (3)
- wealth (3)
- workouts (3)
- yield curve (3)
- zero interest rate bound (3)
- Öffentliche Ordnung (3)
- ABS (2)
- AI borrower classification (2)
- AI enabled credit scoring (2)
- ARCH-Prozess (2)
- Abnormal Returns (2)
- Accounting for Banks (2)
- Active investors (2)
- Adaptive Erwartung (2)
- Adverse Selection Risk (2)
- Aggregate outcomes (2)
- Aktienkurs (2)
- Aktionär (2)
- Alternative investments (2)
- Anchoring (2)
- Anlegerschutz (2)
- Anleihe (2)
- Annual General Meeting (2)
- Anreiz (2)
- Antitrust (2)
- Asset Prices (2)
- Asset Quality Review (2)
- Asset Securitisation (2)
- Asymmetric Information (2)
- Auditing (2)
- Auftragsabwicklung (2)
- Bank Capitalization (2)
- Bank Lending (2)
- Bank Simulation (2)
- Bankbilanz (2)
- Bankenabwicklung (2)
- Bankensektor (2)
- Banking Stability (2)
- Banking crisis (2)
- Bankruptcy (2)
- Bargaining (2)
- Basle 2 (2)
- Basle Committee (2)
- Basler Eigenkapitalvereinbarung <1988> (2)
- Basler Eigenkapitalvereinbarung, 2001 (2)
- Basler Eigenkapitalvereinbarung, 2010 (2)
- Bayes-Entscheidungstheorie (2)
- Bayesian estimation (2)
- Bayesian learning (2)
- Beliefs (2)
- Big Data (2)
- Biodiversity (2)
- Bitcoin (2)
- Board of Directors (2)
- Bond Markets (2)
- Brent (2)
- Bundesanleihe (2)
- Business Sentiment (2)
- Business lending (2)
- Börse (2)
- Börsenmakler (2)
- CAPM (2)
- CBDC (2)
- CLO (2)
- Call-Option (2)
- Capital Markets (2)
- Car Loans (2)
- Central Counterparties (2)
- Choquet expected utility (2)
- Circuit Breaker (2)
- Coco bonds (2)
- Cognition (2)
- Collateral (2)
- Collateral Constraint (2)
- Collateral Policy (2)
- Commerzbank (2)
- Commodities (2)
- Compensation (2)
- Compensation Structure (2)
- Complexity (2)
- Conditional Volatility (2)
- Consumer Welfare (2)
- Consumption Dynamics (2)
- Contract Design (2)
- Core Inflation (2)
- Coronavirus (2)
- Corporate Debt Structure (2)
- Counterparty Risk (2)
- Covid pandemic (2)
- Credit (2)
- Credit Rating Agencies (2)
- Crowding-out (2)
- Cumulative prospect theory (2)
- Current Account (2)
- DCC-GARCH (2)
- DSGE Model (2)
- Dark Trading (2)
- Deductible Insurance (2)
- Default (2)
- Delegated portfolio management (2)
- Density Forecasting (2)
- Deposit Insurance (2)
- Desinvestition (2)
- Deutsche Bank (2)
- Digitalisierung (2)
- Disaggregated Prices (2)
- Disinflation (2)
- Distress (2)
- Dodd-Frank Act (2)
- Downside Risk (2)
- Drei-Säulen-System (2)
- Dynamic Duration Models (2)
- Dynamisches Gleichgewicht (2)
- ECB Monetary Policy (2)
- EMIR (2)
- ESG Rating Agencies (2)
- EU economic and financial services legislation (2)
- Economic Governance (2)
- Effektenbank (2)
- Eigenkapitalgrundsätze (2)
- Einkommensteuer (2)
- Electronic Commerce (2)
- Eligibility premium (2)
- Emissionsgeschäft (2)
- Emissionskurs (2)
- Empirical Asset Pricing (2)
- Endogenous Growth (2)
- Endogenous growth (2)
- Enforcement (2)
- Entrepreneurial Finance (2)
- Entry and exit (2)
- Entscheidung bei Unsicherheit (2)
- Entwicklungsländer (2)
- Environmental (2)
- Environmental policy (2)
- Equity Crowdfunding (2)
- Euro (2)
- Euro area (2)
- Euromarkt (2)
- Europarecht (2)
- European Banking Union (2)
- European Commission (2)
- European Supervisory Architecture (2)
- European integration (2)
- Eurozone (2)
- Excess Zeros (2)
- Exchange Rates (2)
- Executive Compensation (2)
- Exotic options (2)
- Expectation Formation (2)
- Expected Returns (2)
- Expected credit losses (2)
- Experiment (2)
- FBSDE (2)
- Fair Value Accounting (2)
- FinTechs (2)
- Finance (2)
- Financial Advice (2)
- Financial Distress (2)
- Financial Education Programs (2)
- Financial Expert (2)
- Financial Instruments (2)
- Financial Reporting (2)
- Financial literacy (2)
- Finanzierung (2)
- Finanzintermediäre (2)
- Finanztransaktionssteuer (2)
- Firmenkundengeschäft (2)
- Firmenwert (2)
- Fiscal Consolidation (2)
- Fiscal Union (2)
- Fiskalunion (2)
- Flotation Costs (2)
- Forbearance (2)
- Forecasting (2)
- Freibetrag (2)
- Fremdfinanzierung (2)
- Fund Flows (2)
- Funds (2)
- Fusion (2)
- G-SIB (2)
- G-SIFIs (2)
- Geldmarkt (2)
- Geldmenge (2)
- Geldmengensteuerung (2)
- General-to-specific Methodology (2)
- German banks (2)
- German financial system (2)
- German reunification (2)
- Geschichte 1997-2000 (2)
- Geschichte 2002 (2)
- Geschichte 2007-2010 (2)
- Glaubwürdigkeit (2)
- Globalization (2)
- Government Debt (2)
- Great Recession (2)
- Greek economic crisis (2)
- Green Bonds (2)
- Greenwashing (2)
- Griechenland (2)
- Grunderwerbsteuer (2)
- Handel (2)
- Hausbank (2)
- Hawkes processes (2)
- Health (2)
- Health shocks (2)
- Hedge Accounting (2)
- Hedging (2)
- Herd Behavior (2)
- Heterogeneous innovation (2)
- Hidden Liquidity (2)
- High Frequency Data (2)
- High Frequency Trading (2)
- High-Frequency Traders (HFTs) (2)
- High-frequency Data (2)
- Hold-up (2)
- Home ownership (2)
- Homestead exemptions (2)
- House prices (2)
- Household-Size Economies (2)
- Housing (2)
- Housing Wealth (2)
- Human Capital (2)
- IAS (2)
- Iceberg Orders (2)
- Idiosyncratic Risk (2)
- Income and Wealth Inequality (2)
- Incomplete markets (2)
- India (2)
- Inflation Convergence (2)
- Inflationsrate (2)
- Informationsökonomie (2)
- Infrastructure (2)
- Insider Trading (2)
- Institutioneller Anleger (2)
- Insurance Companies (2)
- Interest Rate Guarantees (2)
- Intermediary (2)
- International Accounting Standard 39 (2)
- International Finance (2)
- Internationale Kapitalbewegung (2)
- Internationaler Konjunkturzusammenhang (2)
- Internationaler Kreditmarkt (2)
- Investmentsparen (2)
- Investor Protection (2)
- Investor behavior (2)
- Investor protection (2)
- Ireland (2)
- Jumps (2)
- Kapitalmobilität (2)
- Kassamarkt (2)
- Keynessche Theorie (2)
- Kointegration (2)
- Kongress (2)
- Konsol (2)
- Kosten (2)
- Kreditgeschäft (2)
- Kreditgewährung (2)
- Kreditpolitik (2)
- Kurtosis (2)
- Lebenshaltungskosten (2)
- Lebensversicherungen (2)
- Leistungsbilanz (2)
- Lender of Last Resort (2)
- Lending (2)
- Life Insurance (2)
- Life-Cycle Model (2)
- Liikanen-Kommission (2)
- Limit Order Book (2)
- Limit Order Market (2)
- Limit Order Markets (2)
- Limited Enforcement (2)
- Linear Aggregation (2)
- Liquidity Coinsurance (2)
- Liquidity Constraints (2)
- Liquidity Trap (2)
- Liquiditätspräferenztheorie (2)
- Loan Securitisation (2)
- Loan loss accounting (2)
- Loans (2)
- Lock-up (2)
- Long-Run Performance (2)
- Long-run Risk (2)
- Lottery stocks (2)
- Low-income Countries (2)
- Macroeconomic Announcements (2)
- Macroeconomic Modelling (2)
- Makroökonomie (2)
- Makroökonomisches Modell (2)
- Mark-to-Market (2)
- Mark-to-market (2)
- Market Design (2)
- Market Fragmentation (2)
- Market Quality (2)
- Marketplace lending (2)
- Marktanteil (2)
- Markteffizienz (2)
- Marktrisiko (2)
- Merger (2)
- Messung (2)
- MiFIR (2)
- Microstructure (2)
- Minimax (2)
- Monetary policy rules (2)
- Monetary policy transmission (2)
- Money (2)
- Mortgages (2)
- Multiplicative Error Model (2)
- Multivariate GARCH (2)
- Multivariate Probit (2)
- Nachhaltigkeit (2)
- Networks (2)
- New Keynesian (2)
- New-Keynesian Model (2)
- Nominal GDP Growth (2)
- Non-performing Loans (2)
- Notenbank (2)
- OMT (2)
- Open Banking Platform Germany (2)
- Optimal Taxation (2)
- Optimal policy (2)
- Optimism (2)
- Optionsgeschäft (2)
- Optionshandel (2)
- Optionsmarkt (2)
- Optionspreistheorie (2)
- Output Gap (2)
- Over-Allotment Option (2)
- Ownership Structure (2)
- P2P lending (2)
- PCAOB (2)
- Parameter Elicitation (2)
- Patents (2)
- Permanent Income Hypothesis (2)
- Personal bankruptcy (2)
- Phillips Curve (2)
- Phillips-Kurve (2)
- Policy Rules (2)
- Policy Under Uncertainty (2)
- Political Union (2)
- Politische Union (2)
- Portfolio Optimization (2)
- Portugal (2)
- Predictive Likelihood (2)
- Preisindex der Lebenshaltung (2)
- Price Impact of Trades (2)
- Principal Agent (2)
- Private equity (2)
- Procyclicality (2)
- Product Market Competition (2)
- Product Market Deregulation (2)
- Productivity (2)
- Prognoseverfahren (2)
- Prospect Theory (2)
- Prudential oversight (2)
- Put-Option (2)
- Quantitative easing (2)
- Quantity Theory (2)
- Ratingagenturen (2)
- Rational Expectations (2)
- Real Effects (2)
- Real-time Data (2)
- Realer-Konjunkturzyklus-Theorie (2)
- Reallocation (2)
- Reformvorschläge (2)
- Regelbindung (2)
- Regional Diversity (2)
- Rentenreform (2)
- Reputation (2)
- Resolution (2)
- Retail Investor (2)
- Retirement Planning (2)
- Rezession (2)
- Risikoprämie (2)
- Risk Premium (2)
- Risk Transfer (2)
- Risk-Taking (2)
- SFDR (2)
- SRM (2)
- SWIFT (2)
- Sanctions (2)
- Schuldenbremse (2)
- Schuldenkrise (2)
- Schweiz (2)
- Scrum (2)
- Securitization (2)
- Selection (2)
- Self-control (2)
- Self-fulfilling Prophecy (2)
- Semiparametric Specification Test (2)
- Share Deals (2)
- Sicherheit (2)
- Sign Restrictions (2)
- Simulated Maximum Likelihood (2)
- Single Resolution Mechanism (2)
- Skewness (2)
- Social Insurance (2)
- Social Networks (2)
- Spanien (2)
- Speculation (2)
- Spread Decomposition Models (2)
- Staatsschuldenkrise (2)
- Standortfaktor (2)
- Steuergestaltung (2)
- Stochastic Volatility (2)
- Stochastic mortality risk (2)
- Stock Market (2)
- Stock Market Participation (2)
- Stone-Geary preferences (2)
- Stress Test (2)
- Structured Finance (2)
- Supply Chain (2)
- Survey Indicator (2)
- Survey Method (2)
- Sustainable Investing (2)
- Syndicated loans (2)
- Systematic Risk (2)
- Systemisches Risiko (2)
- TIPS (2)
- Tagesgeschäft (2)
- Tail Risk (2)
- Taxonomy (2)
- Taylor Rule (2)
- Taylor Rules (2)
- Term Structure of Interest Rates (2)
- Termingeschäft (2)
- Theorie (2)
- Top Income Taxation (2)
- Trading Intensity (2)
- Transfer Learning (2)
- Transition risk (2)
- Twitter (2)
- US GAAP (2)
- Unbewegliche Sache (2)
- Underwriter Fee (2)
- Unternehmensgründung (2)
- VaR (2)
- Value-at-risk (2)
- Variance Decomposition (2)
- Vektor-autoregressives Modell (2)
- Verbraucher (2)
- Volatility Interruption (2)
- WTI (2)
- Wealth (2)
- Welfare (2)
- Welthandel (2)
- Wertpapierhandelssystem (2)
- Wertpapierportefeuille (2)
- Wettbewerbsfreiheit (2)
- Wettbewerbsfähigkeit (2)
- Wirtschaftskrise (2)
- Wohneigentum (2)
- Zeitreihenanalyse (2)
- Zentralbank (2)
- Zentralbanken (2)
- Zentraler Kontrahent (2)
- Zero Lower Bound (2)
- Zins (2)
- Zinsen (2)
- Zwangsanleihe (2)
- advertising (2)
- announcements (2)
- anomalies (2)
- art (2)
- art market (2)
- asset valuation (2)
- attention (2)
- auctions (2)
- austerity (2)
- bank capital (2)
- bank competition (2)
- bank deposits (2)
- bank risk (2)
- banking separation (2)
- behavioral finance (2)
- bond markets (2)
- borrowing constraints (2)
- bubbles (2)
- business equity (2)
- capital (2)
- central bank (2)
- central bank communication (2)
- central banking (2)
- central banks (2)
- compensation (2)
- compensation design (2)
- complexity (2)
- computer vision (2)
- consumer credit (2)
- consumption hump (2)
- continuation vote (2)
- contract design (2)
- coordination (2)
- core (2)
- corn (2)
- corporate bond market (2)
- corporate restructuring (2)
- cost of capital (2)
- credibility (2)
- credit funds (2)
- credit scoring methodology (2)
- credit scoring regulation (2)
- credit supply (2)
- crises (2)
- crisis (2)
- crowdfunding (2)
- crowdinvesting (2)
- cryptocurrencies (2)
- cycle flows (2)
- cyclical liabilities (2)
- debt consolidation (2)
- debt maturity (2)
- debt restructuring (2)
- default (2)
- deflation (2)
- delayed claiming (2)
- delayed retirement (2)
- density forecasting (2)
- derivatives (2)
- disaster risk (2)
- discount (2)
- distress prediction (2)
- diversification (2)
- dynamic portfolio choice (2)
- early retirement (2)
- economic and monetary union (2)
- education (2)
- elasticity of intertemporal substitution (2)
- electricity (2)
- emergency liquidity assistance (ELA) (2)
- equity options (2)
- event study (2)
- exchange rate (2)
- executive compensation (2)
- exit strategies (2)
- expectation formation (2)
- experimental economics (2)
- experts (2)
- factor model (2)
- financial advice (2)
- financial institutions (2)
- financial markets (2)
- financial privacy (2)
- financial services (2)
- financial sophistication (2)
- financial system (2)
- financing decisions (2)
- financing policy (2)
- firm heterogeneity (2)
- forecast combination (2)
- futures (2)
- gasoline (2)
- general equilibrium (2)
- global banks (2)
- global real activity (2)
- government bonds (2)
- green finance (2)
- hedge funds (2)
- heterogeneous agents (2)
- high-frequency data (2)
- historical statistics (2)
- household portfolio (2)
- household portfolios (2)
- household survey (2)
- household-portfolio shares (2)
- identification (2)
- implied volatility skew (2)
- impulse response (2)
- individual investor (2)
- individual investors (2)
- inflation target (2)
- information aggregation (2)
- innovation (2)
- institutional investors (2)
- institutions (2)
- interbank network (2)
- interbank networks (2)
- international financial integration (2)
- investments (2)
- joint inference (2)
- labor supply (2)
- laboratory experiment (2)
- life cycle saving (2)
- lifetime income (2)
- limit order book (2)
- liquidity provision (2)
- loanable funds (2)
- long-run risk (2)
- long-term lending (2)
- longevity (2)
- loss function (2)
- macro-prudential supervision (2)
- macroeconomic modelling (2)
- macroeconomic models (2)
- macroprudential supervision (2)
- managerial incentives (2)
- manipulation (2)
- marginal propensity to consume (2)
- market efficiency (2)
- market supervision (2)
- monetary policy rule (2)
- monetary policy transmission (2)
- monetary transmission (2)
- money markets (2)
- mutual funds (2)
- nachrangiges Fremdkapital (2)
- natural experiment (2)
- natural gas (2)
- newly founded firms (2)
- news (2)
- nonlinear optimal policy (2)
- oil inventories (2)
- oil market (2)
- operational performance (2)
- optimal investment (2)
- option prices (2)
- pandemics (2)
- pass-through (2)
- payout policy (2)
- pensions (2)
- policy under uncertainty (2)
- politische Union (2)
- population aging (2)
- principal-agent models (2)
- principles-based regulation (2)
- private information (2)
- productivity (2)
- professional networks (2)
- prohibition of proprietary trading (2)
- property rights (2)
- quantity theory (2)
- real estate lending (2)
- real exchange rate (2)
- recapitalization (2)
- recession (2)
- recovery (2)
- redistribution (2)
- refugees (2)
- renegotiation (2)
- repurchases (2)
- responsible lending (2)
- return predictability (2)
- risk (2)
- risk management (2)
- risk premia (2)
- risk transfer (2)
- safe assets (2)
- screening (2)
- securities regulation (2)
- seigniorage (2)
- sentiment (2)
- shareholder activism (2)
- shareholder recovery (2)
- shipping (2)
- signaling (2)
- simulated method of moments (2)
- skewness (2)
- social dilemmas (2)
- social media (2)
- social norms (2)
- sovereign debt crisis (2)
- sovereign exposures (2)
- speed bump (2)
- spillover effects (2)
- spot market power (2)
- stakeholders (2)
- statistical discrimination (2)
- stock market (2)
- stock market participation (2)
- stock returns (2)
- structural VAR (2)
- structured finance (2)
- subsistence consumption (2)
- supervisory arbitrage (2)
- supervisory board (2)
- surveillance (2)
- syndicated loans (2)
- systemic risk charge (2)
- tatonnement (2)
- taxation (2)
- too big to fail (2)
- too-big-to-fail (2)
- total loss absorbing capacity (TLAC) (2)
- tragedy of the commons (2)
- transmission (2)
- two-asset portfolio (2)
- unconventional oil (2)
- wealth distribution (2)
- welfare loss (2)
- fiscal policy (2)
- Älterer Mensch (2)
- Österreich (2)
- "Event Study" (1)
- "magnet effect" (1)
- 2-Sector Model (1)
- ARCH-Modell (1)
- ARMA (1)
- Abgabe (1)
- Abhängigkeit (1)
- Absatzweg (1)
- Abwanderung-Widerspruch-Theorie (1)
- Abwicklung (1)
- Abwicklungsinstrumente (1)
- Academic faculties (1)
- Accounting (1)
- Accounting for Financial Instruments in the Banking Industry: Conclusions from a Simulation Model (1)
- Accounting regulation (1)
- Accounting research (1)
- Acquisitions (1)
- Activism (1)
- Activist Hedge Fund (1)
- Adaptation (1)
- Adverse Selection Costs (1)
- Affordability crisis (1)
- Age (1)
- Agency Theory (1)
- Agency costs (1)
- Aggregate Fluctuations (1)
- Agile Methods (1)
- Agile methods (1)
- Aktie (1)
- Aktienanalyse (1)
- Aktienbewertung (1)
- Aktienportefeuille (1)
- Algorithmic Discrimination (1)
- Algorithmic transparency (1)
- Allgemeines Gleichgewicht (1)
- Allgemeines Gleichgewichtsmodell (1)
- Allocation (1)
- Allocative Effciency (1)
- Alternative Investments (1)
- Altersstruktur (1)
- Amortization payments (1)
- Amtsperiode (1)
- AnaCredit (1)
- Angebot (1)
- Angel (1)
- Anlageentscheidung (1)
- Anlagepolitik (1)
- Anlageverhalten (1)
- Anleihemärkte (1)
- Annuity (1)
- Anonymity (1)
- Anreizsystem (1)
- Anteilseigner (1)
- Anticipated Inflation (1)
- Anticipatory Feeling (1)
- Apache Spark (1)
- Appraisal rights (1)
- Arbeitsloser (1)
- Arbeitsmarktflexibilisierung (1)
- Arbeitsmarkttheorie (1)
- Arbitrage (1)
- Arm’s Length Debt (1)
- Art (1)
- Art Index (1)
- Art Market (1)
- Art investment (1)
- Art market (1)
- Art price index (1)
- Artificial Intelligence; (1)
- Asset Allocation, Contagion (1)
- Asset Liquidation (1)
- Asset Location (1)
- Asset Management Companies (1)
- Asset Market (1)
- Asset Price Bubbles (1)
- Asset Price Cycles (1)
- Asset Purchase Programme (1)
- Asset Return (1)
- Asset Side Market Discipline (1)
- Asset allocation (1)
- Asset prices (1)
- Asymmetric Tax Regimes (1)
- Asymmetries (1)
- Asymmetry (1)
- Asynchronous Trading (1)
- Auction (1)
- Auctions (1)
- Audit fees (1)
- Audit partner tenure (1)
- Audit quality (1)
- Auditor rotation (1)
- Ausbreitung (1)
- Ausgaben (1)
- Auslandsanleihe (1)
- Auslandsschulden (1)
- Austerity Measures (1)
- Automation (1)
- Autoregressiver Prozess (1)
- Außenhandel (1)
- Außenwirtschaft (1)
- Außenwirtschaftliches Gleichgewicht (1)
- Außerbilanzielles Geschäft (1)
- Außerbörslicher Wertpapierhandel (1)
- BCBS (1)
- BVerfG (1)
- BaFin (1)
- Backward error (1)
- Bafin (1)
- Bail-in Anleihen (1)
- Bailin (1)
- Bank Accounting (1)
- Bank Acquisition (1)
- Bank Bailout (1)
- Bank Capital (1)
- Bank Capital Structure (1)
- Bank Corporate Governance (1)
- Bank Credit (1)
- Bank Defaults (1)
- Bank Deregulation (1)
- Bank Incentives (1)
- Bank Lending Conditions (1)
- Bank Pool (1)
- Bank Recapitalization (1)
- Bank Recovery and Resolution Directive (BRRD) (1)
- Bank Regulation (1)
- Bank Supervision (1)
- Bank affiliation (1)
- Bank loan terms (1)
- Bank of Japan (1)
- Bank's Balance Sheets (1)
- Bankberatung (1)
- Banken (1)
- Bankenabgabe (1)
- Bankenhospital (1)
- Bankeninsolvenz (1)
- Bankenliquidität (1)
- Bankenwettbewerb (1)
- Banker's pay (1)
- Banking Competition (1)
- Banking Crisis (1)
- Banking Supervision (1)
- Banking union (1)
- Bankrecht (1)
- Bankrott (1)
- Bargaining Power (1)
- Basel II (1)
- Basel II Accord (1)
- Basel regulation (1)
- Basisdemokratie (1)
- Batch Learning (1)
- Bayes-Verfahren (1)
- Bayesian analysis (1)
- Bayesian time-varying parameter estimation (1)
- Befragungsanalyse (1)
- Behandlungskapazität (1)
- Behavioral Finance (1)
- Beitragsgarantien (1)
- Belief Formation (1)
- Belief up-dating (1)
- Bellman Equations (1)
- Beschränkung (1)
- Beschäftigungstheorie (1)
- Beschäftigungswirkung (1)
- Beta (1)
- Betafaktor (1)
- Beteiligungsfinanzierung (1)
- Betrieb (1)
- Betriebsgröße (1)
- Bevölkerungsentwicklung (1)
- Bewertungsreserven (1)
- Bewertungsreserven, (1)
- Bewertungsstetigkeit (1)
- Bezüge im Bankensektor (1)
- Bias (1)
- Bias in medical research (1)
- Bid-Ask Spread (1)
- Big Five (1)
- Big data (1)
- Bilanz (1)
- Bilanzierungsgrundsätze (1)
- Bilanzklarheitsgrundsatz (1)
- Bilanzkontinuität (1)
- Bilanzrecht (1)
- Bilateral Trade Flows (1)
- Biotech Firms (1)
- Blankoverkauf (1)
- Blocked Realized Kernel (1)
- Blocking (1)
- Board Appointments (1)
- Board Oversight (1)
- Bond Market (1)
- Bond Ratings (1)
- Bond Spreads (1)
- Bond risk premia (1)
- Boni (1)
- Boom (1)
- Bootstrap (1)
- Borrowing (1)
- Briefkastenfirmen (1)
- Broker (1)
- Brokerage (1)
- Bubbles (1)
- Buchführung (1)
- Buchführungsgrundsätze (1)
- Buffer Stock Model (1)
- Bunching (1)
- Business Subsidies (1)
- Business cycles (1)
- Bust (1)
- Börsenkrach (1)
- Börsenmaklerin (1)
- Börsenwettbewerb (1)
- C corporations (1)
- CBRT (1)
- CCP (1)
- CDS spreads (1)
- CECL (1)
- CEO Speeches (1)
- CMU (1)
- COVID-19 Pandemic (1)
- COVID-19 news (1)
- COVID-19 pandemic (1)
- CRA3 (1)
- CSPP (1)
- CSR (1)
- Call Market (1)
- Call options (1)
- Canada (1)
- Capacity utilization (1)
- Capital Purchase Program (1)
- Capital Taxation (1)
- Capital requirements (1)
- Capitulation (1)
- Carbon Taxation (1)
- Carbon abatement (1)
- Cash (1)
- Cash Flow Risk (1)
- Cash flow effect of monetary policy (1)
- Cashflow (1)
- Cat Bonds (1)
- Causal Machine Learning (1)
- Causal inferences (1)
- Central Bank (1)
- Central Bank Losses (1)
- Central Bank of Cyprus (1)
- Central Banks (1)
- Central Banks and Their Policies (1)
- Central Clearing (1)
- Central Counterparty (1)
- Central Counterparty Clearing House (CCP) (1)
- Central bank liquidity (1)
- Centrality (1)
- Chancen- und Risikoberichterstattung (1)
- Chart-Analyse (1)
- Checkliste (1)
- Childhood (1)
- Chile (1)
- Cholesky decomposition (1)
- Citation Network Analysis (1)
- Classification (1)
- Clearing (1)
- Climate Behavior (1)
- Climate Policies (1)
- Climate change economics (1)
- Climate finance (1)
- Closed-end fund (1)
- Closed-end fund discount (1)
- Closed-end funds (1)
- Closing Price (1)
- Clustering (1)
- Co-residence (1)
- CoCo Bond (1)
- CoCo bonds (1)
- CoCos (1)
- Coalitions (1)
- Cognitive Abilities (1)
- Cohorts (1)
- Collateral constraints (1)
- Collateralized debt obligation (1)
- Collective Action Clause (1)
- College dropout risk (1)
- College premium (1)
- College wage premium (1)
- Colocation (1)
- Commercial banking (1)
- Commitment (1)
- Common Factor (1)
- Common Factor Model (1)
- Common Factor Models (1)
- Common Factor Weights (1)
- Comovements (1)
- Competition Policy (1)
- Competition in Order Flow (1)
- Complementarity (1)
- Complex Financial Instruments (1)
- Comprehensive Assessment (1)
- Concentration (1)
- Condition number (1)
- Conditional Pooling (1)
- Conditional intensity (1)
- Conditional response (1)
- Conditionality (1)
- Confirmatory Bias (1)
- Connectivity (1)
- Consumer Finance (1)
- Consumer confidence (1)
- Consumer credit (1)
- Consumer financial protection (1)
- Consumption Function (1)
- Consumption Inequality (1)
- Consumption Insurance (1)
- Consumption hump (1)
- Consumption-Saving (1)
- Consumption-investment Problems (1)
- Consumption-portfolio choice (1)
- Consumption/Saving Forecast (1)
- Contagion Risk (1)
- Container Trade (1)
- Contestability (1)
- Contingent Commissions (1)
- Contingent Convertible Bonds (1)
- Contingent Convertible Capital (1)
- Continuous-time methodsc (1)
- Contract (1)
- Contract terms (1)
- Contractarian Model of Corporate Law (1)
- Control transfers (1)
- Convertible Securities (1)
- Cooperation (1)
- Coordination (1)
- Coordination Risk (1)
- Copula (1)
- Corona-Steuerhilfegesetz (1)
- Corporate Announcements (1)
- Corporate Distress (1)
- Corporate Financing (1)
- Corporate Groups (1)
- Corporate Name Change (1)
- Corporate Philanthropy (1)
- Corporate Quantitative Easing (1)
- Corporate bonds (1)
- Corporate concentration (1)
- Corporate deposits (1)
- Corporate financing (1)
- Corporate governance (1)
- Corporate law (1)
- Corporate quantitative easing (1)
- Correlated Events (1)
- Costly Capital (1)
- Counterfactual Decompositions (1)
- Counterparty Credit Limits (1)
- Country Comparison (1)
- Country-Specific and Global Shocks (1)
- Covariance Estimation (1)
- Covariance Prediction (1)
- Covenants (1)
- Covid-19 Pandemic (1)
- Covid-19-Crisis (1)
- Creative destruction (1)
- Credibility of Inflation Targets (1)
- Credit Crunch (1)
- Credit Cycles (1)
- Credit Default Swap (CDS) (1)
- Credit Default Swaps (1)
- Credit Risk Transfer (1)
- Credit derivatives (1)
- Credit lines (1)
- Credit rating (1)
- Credit risk (1)
- Credit spreads (1)
- Credit union (1)
- Creditor Protection (1)
- Creditor Rights (1)
- Creditor Rights Protection (1)
- Crime (1)
- Crises Forecasting (1)
- Crisis Management (1)
- Crisis contracts (1)
- Cross-Predictability (1)
- Cross-Section of Returns (1)
- Crowding Out (1)
- Cryptocurrencies (1)
- Cultural Finance (1)
- Cultural Influences on Economic Behavior (1)
- Culture (1)
- Customer Flow (1)
- Customer Protection Rules (1)
- Customer data sharing (1)
- Cycle Portfolio Choice (1)
- Cyprus (1)
- D49 (1)
- DGE Models (1)
- DSGE Models (1)
- DSGE model (1)
- DSGE modelling (1)
- Dark Pools (1)
- Data access (1)
- Data portability (1)
- Database linking (1)
- Dealer Markets (1)
- Debit Cards (1)
- Debt (1)
- Debt Management (1)
- Debt Securities (1)
- Debt and equity financing (1)
- Decision (1)
- Default probability (1)
- Defizitregeln (1)
- Delaunay Interpolation (1)
- Delaware Incorporation (1)
- Demand Analysis (1)
- Democratic Legitimacy (1)
- Demographic Change (1)
- Demographischer Wandel (1)
- Demutualization (1)
- Depreciation (1)
- Depths (1)
- Derivat <Wertpapier> (1)
- Derivatehandel (1)
- Derivatives (1)
- Designated Market Makers (DMMs) Market Making (1)
- Determinacy (1)
- Deutsche Bundesbank (1)
- Deutscher Aktienindex (1)
- Deutsches Rentensystem (1)
- Devisen (1)
- Devisenbörse (1)
- Devisenmarkt (1)
- DiD (1)
- Dictionary (1)
- Dienstleistungsverkehr (1)
- Difference in Difference (1)
- Different Beliefs (1)
- Digital (1)
- Digital art (1)
- Digital footprints (1)
- Digitalized Markets (1)
- Directors' Dealings (1)
- Direktinvestition (1)
- Disappointment (1)
- Disasters (1)
- Disclosure Framework (1)
- Disclosure regulation (1)
- Discount Broker (1)
- Discount Rate Risk (1)
- Discount Rates (1)
- Discourse (1)
- Discretion (1)
- Discretionary Fiscal Policy (1)
- Disintegration (1)
- Diskontsatz (1)
- Distraction (1)
- Distributed Computing (1)
- Distributed Ledger (1)
- Distributed lag (1)
- Distribution (1)
- Distribution of Welfare (1)
- Divergence of Opinion (1)
- Diversification (1)
- Dividend Payments (1)
- Dividend Policy (1)
- Dividendenpolitik (1)
- Dividends (1)
- Double Auction (1)
- Double Volume Caps (1)
- Downside risk (1)
- Downward Nominal Rigidity (1)
- Drag-along rights (1)
- Dual Moral Hazard (1)
- Dual-class shares (1)
- Dunkelziffer (1)
- Durable consumption (1)
- Duration of Civil Proceedings (1)
- Dynamic Capabilities (1)
- Dynamic Factor Model (1)
- Dynamic Models (1)
- Dynamic Networks (1)
- Dynamic Optimization (1)
- Dynamic Representative Consumer (1)
- Dynamic Stochastic General Equilibrium Model (1)
- Dynamic and Reliable Regulation (1)
- Dynamic inconsistency (1)
- Dynamic stochastic general equilibrium model (1)
- Dynamisches Modell (1)
- E.U. Corporate Law (1)
- ECB policy surprise (1)
- ECJ (1)
- EDIC (1)
- EFSF (1)
- EGC (1)
- EIOPA (1)
- ELA (1)
- ESCB (1)
- ESG Investing (1)
- ESG lending (1)
- ESG loans (1)
- ESG ratings (1)
- EU (1)
- EU Bonds (1)
- EU banks (1)
- EU countries (1)
- EU crisis (1)
- EU industrial production (1)
- EU market regulation (1)
- EU-Staaten (1)
- EURONET-DIANE (1)
- Earnings Management (1)
- Econometrics (1)
- Economic Literacy (1)
- Economic Performance (1)
- Economic Recovery (1)
- Economic Reforms (1)
- Economic research (1)
- Economics (1)
- Education (1)
- Education Subsidy (1)
- Effective lower bound (1)
- Effektivinflation (1)
- Effektivverzinsung (1)
- Efficiency Wages (1)
- Efficient Frontier (1)
- Efficient Importance Sampling (1)
- Efficient Return (1)
- Eigenheim (1)
- Eigenkapital (1)
- Einkommensunterschied (1)
- Einlagengeschäft (1)
- Einlagensicherung (1)
- Einlageverträge (1)
- Elasticity (1)
- Electoral Pressure (1)
- Electronic Markets (1)
- Emerging Market Economies (1)
- Emerging Market Emerging Market (1)
- Emerging Markets (1)
- Emissions (1)
- Empirical Contract Theory (1)
- Empirical methods (1)
- Empirische Vertragsanalyse (1)
- Employee commitment (1)
- Employee rights (1)
- Endogeneity (1)
- Endogenous Asset Market Participation (1)
- Endogenous Beliefs (1)
- Endogenous Gridpoints (1)
- Endogenous gridpoints Method (1)
- Energiewende (1)
- Energy Efficiency (1)
- Energy Performance Certificate (1)
- Energy crisis (1)
- Energy efficiency (1)
- Enforcement Delegation (1)
- Enriched Digital Footprint (1)
- Entity matching (1)
- Entity resolution (1)
- Entrepreneurial Activity (1)
- Entrepreneurial finance (1)
- Entropy Measure (1)
- Entry (1)
- Entscheidung (1)
- Entscheidungsregel (1)
- Entscheidungstheorie (1)
- Epidemiologic model (1)
- Epidemiologisches Modell (1)
- Epstein-Zin preferences (1)
- Epstein-Zin-Weil recursive preferences (1)
- Equation of Exchange (1)
- Equilibrium Exchange Rates (1)
- Equilibrium Thinking (1)
- Equity Culture (1)
- Equity Markets (1)
- Equity Options (1)
- Equity Trading (1)
- Equity fund (1)
- Equity options (1)
- Equivalence Scales (1)
- Equivalent Incomes (1)
- Erbschaftsteuer (1)
- Erich Gutenberg (1)
- Ernennungspraxis von Zentralbankern (1)
- Erneuerbare-Energien-Gesetz (1)
- Erwachsener, 50-60 Jahre (1)
- Erwachsener, 50-65 Jahre (1)
- Erwartungsbildung (1)
- Estimation (1)
- Estimation efficiency (1)
- Ethereum (1)
- Ethics (1)
- Euro <Währung> (1)
- Euro Area Regional and Sectoral Inflation (1)
- Euro Area and US (1)
- Euro, Währung (1)
- Euro-zone Government Bonds (1)
- Eurobonds (1)
- Europe (1)
- European Banking Authority (1)
- European Banking Authority (EBA) (1)
- European Banking Authority, Single Supervisory Mechanism (1)
- European Capital Markets Union (1)
- European Central Bank (ECB) (1)
- European Central Bankor (1)
- European Insurance Union (1)
- European Insurance and Occupational Pensions Authority (1)
- European Integration (1)
- European Investment Bank (1)
- European Market Infrastructure Regulation (EMIR) (1)
- European Parliament (1)
- European Stability Mechanism (1)
- European Supervisory Authorities (1)
- European System of Central Banks (1)
- European Systemic Risk Board (1)
- European Union (1)
- European banks (1)
- European debt crisis (1)
- European household portfolios (1)
- European market fragmentation (1)
- European unemployment insurance (1)
- Europäische Währungsunion, Strukturanpassungen, Europäische Integration (1)
- Eurosystem collateral eligibility (1)
- Evidence-based policymaking (1)
- Excess sensitivity (1)
- Excessive risk taking (1)
- Exchange Rate Channel (1)
- Exchange Rate Mechanism (1)
- Exchange Rate Pass-Through (1)
- Exchange rate volatility (1)
- Exchange traded funds (1)
- Execution Cost (1)
- Execution Quality (1)
- Executive Remuneration (1)
- Exit Decisions (1)
- Exit Rights (1)
- Expectation Error (1)
- Expectation formation (1)
- Expectation–Maximisation (1)
- Expected Equity Returns (1)
- Expected shortfall (1)
- Expenditure Survey (1)
- Experience (1)
- Experiences (1)
- Experimental Asset Markets (1)
- Experimental Economics (1)
- Experimental Finance (1)
- Explainable machine learning (1)
- Explosive behavior (1)
- Exponential smoothing (1)
- Externalities (1)
- Extracurricular Activities (1)
- Extrapolation (1)
- Extreme Price Movements (1)
- Extreme value theory (1)
- FDI-intensity (1)
- Factor Model (1)
- Factor Models (1)
- Factor Structure (1)
- Factor-Augmented Vector Autoregression Model (FAVAR) (1)
- Fair value (1)
- Fair-Value Accounting (1)
- Faktorenanalyse (1)
- FamaFrench model (1)
- Family Background (1)
- Family dynamics (1)
- Fat-tails (1)
- Fear of job loss (1)
- Federal Reserve Bank <New York, NY> (1)
- Feedback (1)
- Field Experiment (1)
- Filtering (1)
- Fin Tech (1)
- Finance and Employment (1)
- Financial Assistance (1)
- Financial Constraints (1)
- Financial Contagion (1)
- Financial Crisis 2007/08 (1)
- Financial Decisionmaking (1)
- Financial Development (1)
- Financial Frictions (1)
- Financial Industry (1)
- Financial Information (1)
- Financial Innovation (1)
- Financial Integration (1)
- Financial Market Cycles (1)
- Financial Market Integration (1)
- Financial Market Linkages (1)
- Financial Market Structure (1)
- Financial Markets and the Macroeconomy (1)
- Financial Media (1)
- Financial Networks (1)
- Financial Regulation and Banking (1)
- Financial Risk (1)
- Financial Sophistication (1)
- Financial Supervision (1)
- Financial and Economics Knowledge (1)
- Financial econometrics (1)
- Financial education (1)
- Financial frictions (1)
- Financial institutions (1)
- Financial interests (1)
- Financial intermediation (1)
- Financial market (1)
- Financial openness (1)
- Financing Conditions (1)
- Financing Constraints (1)
- Financing Costs (1)
- Financing Gap (1)
- Finanzanalyse (1)
- Finanzbildung (1)
- Finanzdienstleistung (1)
- Finanzfachkenntnis (1)
- Finanzinnovationen (1)
- Finanzlage (1)
- Finanzmarkt (1)
- Finanzplatz (1)
- Finanzplatzinstitutionen (1)
- Finanzpolitik (1)
- Finanzspekulation (1)
- Finanzstabilitätsgesetz (1)
- Finanzsystem (1)
- Finite Normal Mixtures (1)
- Finland (1)
- Finnland (1)
- Fintech (1)
- Firm Investment (1)
- Firm Prestige (1)
- Firm Value (1)
- Firm valuation (1)
- Firm-bank relationship (1)
- Firm-specific News (1)
- Firma (1)
- Firms (1)
- First Loss Position (1)
- Fiscal Compact (1)
- Fiscal Policies (1)
- Fiscal Solidarity (1)
- Fiscal Stabilization (1)
- Fiscal Stimulus Program (1)
- Fiscal Transparency (1)
- Fiscal policy (1)
- Fiscal stress (1)
- Fiscal theory of the price level (1)
- Fixed-Income (1)
- Flash Crash (1)
- Flat Taxes (1)
- Flight-to-safety (1)
- Fokker-Planck equation (1)
- Fonds (1)
- Forecast Comparison/ Competition (1)
- Forecast Distribution (1)
- Forecasting and Simulation (1)
- Forecasts (1)
- Foreign Assets (1)
- Foreign Exchange Reserves (1)
- Foreign holdings (1)
- Formalism (1)
- Formative experiences (1)
- Forschung (1)
- Forschung und Entwicklung (1)
- Forward Guidance (1)
- Forward error (1)
- Forward-looking models (1)
- Framing Effect (1)
- Framing effects (1)
- Frankfurt am Main (1)
- Frankreich (1)
- Frau (1)
- Fraud (1)
- Free-Riding (1)
- Freiheit (1)
- Fremdkapital (1)
- Frequency Domain (1)
- Frictions (1)
- Friedman-Schwartz's evidence (1)
- Friktionelle Arbeitslosigkeit (1)
- Fund (1)
- Fund family (1)
- Fundamental Value (1)
- Fundamentalanalyse (1)
- Funds of Funds (1)
- Futures Market (1)
- Futures Markets (1)
- G21 (1)
- G24 (1)
- GARCH-Prozes (1)
- GDP growth (1)
- GFSY (1)
- GMM Estimation (1)
- Gains from Trade (1)
- Gains from trade (1)
- Gambling (1)
- Game Theory (1)
- Gamma distribution (1)
- Garantiezins (1)
- Gauß-Funktion (1)
- Gegenwartspreise (1)
- Geld (1)
- Geldangebot (1)
- Geldkurs (1)
- Geldmengenziel (1)
- Geldtheorie (1)
- Gemeinsamer Markt (1)
- Gender (1)
- Gender Differences (1)
- Gender Gap (1)
- Gender Issues (1)
- General Equilibrium Asset Pricing (1)
- Generaldirektor (1)
- Generalized Dynamic Factor Model (1)
- Generationenrente (1)
- Generations (1)
- Geopolitics (1)
- German Banking (1)
- German Corporate Governance System (1)
- German Markets Model Case Act (KapMuG) (1)
- German Reunification (1)
- German constitutional law (1)
- German cooperative banks (1)
- German corporate governance (1)
- German corporate governance codex (1)
- German natural gas market (1)
- German retirement system (1)
- German savings banks (1)
- Germany Inc. (1)
- Geschichte 1866-1879 (1)
- Geschichte 1920-1922 (1)
- Geschichte 1948-2008 (1)
- Geschichte 1965-1979 (1)
- Geschichte 1966-1998 (1)
- Geschichte 1968-1979 (1)
- Geschichte 1970-1989 (1)
- Geschichte 1970-2004 (1)
- Geschichte 1971-2003 (1)
- Geschichte 1978-1997 (1)
- Geschichte 1979-1980 (1)
- Geschichte 1979-1983 (1)
- Geschichte 1983-2004 (1)
- Geschichte 1984-1995 (1)
- Geschichte 1984-1999 (1)
- Geschichte 1984-2005 (1)
- Geschichte 1986-1998 (1)
- Geschichte 1989-2002 (1)
- Geschichte 1990-1999 (1)
- Geschichte 1992-1996 (1)
- Geschichte 1992-1997 (1)
- Geschichte 1993-2003 (1)
- Geschichte 1995 (1)
- Geschichte 1995-1997 (1)
- Geschichte 1995-1998 (1)
- Geschichte 1998 (1)
- Geschichte 1999-2001 (1)
- Geschichte 2000-2002 (1)
- Geschäftsführer (1)
- Geselligkeit (1)
- Gewerbebetrieb (1)
- Gewerbesteuer (1)
- Gig-economy (1)
- Gini (1)
- Gleichgewichtstheorie (1)
- Global Accounting Standards (1)
- Global Economy (1)
- Global Optimization (1)
- Global Temperature (1)
- Global Yield (1)
- Gläubigerschutz (1)
- Going-private Decisions (1)
- Gold Standard (1)
- Government (1)
- Government Deficit (1)
- Government Spending Multipliers (1)
- Government Spending Shocks (1)
- Government debt (1)
- Government spending multiplier (1)
- Graccident (1)
- Granger causality (1)
- Gravity equations (1)
- Great Inflation (1)
- Green Asset Ratio (1)
- Green Nudging (1)
- Green Quantitative Easing (1)
- Green finance (1)
- Grexit (1)
- Group Interesterest (1)
- Group Think (1)
- Grundschuld (1)
- Größe (1)
- Grüne Transformation (1)
- Gutenberg, Erich (1)
- Habit-formation (1)
- Haftungsbeschränkung (1)
- Hamilton filter (1)
- Hamiltonian Monte Carlo (1)
- Handelsgeschäft (1)
- Handelsvolumen (1)
- Haus (1)
- Haushal (1)
- Haushaltsdefizit (1)
- Haushaltskrisenbarometer (1)
- Haushaltspolitik (1)
- Hayek (1)
- Hazard estimation (1)
- Headline (1)
- Health Insurance (1)
- Health expenses (1)
- Health jumps (1)
- Hedge Funds (1)
- Hedge funds (1)
- Helicoptergeld (1)
- Herdenimmunität (1)
- Heterogeneit (1)
- Heterogeneous Beliefs (1)
- Heterogeneous Firms (1)
- Heterogeneous Preferences (1)
- Heterogeneous agents (1)
- Hidden Orders (1)
- Hierarchies (1)
- High-Frequency Trading (HFT) (1)
- High-Level-Forum (1)
- High-frequency event study (1)
- Higher Moments of Return (1)
- Hirshleifer Effect (1)
- Historical Cost (1)
- History & Finance (1)
- History-Dependent Policy (1)
- Hochfrequenzhandel (1)
- Hochzinspolitik (1)
- Home (1)
- Home Bias (1)
- Home Equity (1)
- Homophily (1)
- Hong test (1)
- Horizontal Integration (1)
- House Prices (1)
- Household Consumption (1)
- Household Consumption Data (1)
- Household Debt (1)
- Household Inflation Expectations (1)
- Household Wealth (1)
- Household debt (1)
- Household saving (1)
- Housing Market Cycles (1)
- Housing tenure (1)
- Human capital (1)
- Hurricane Katrina (1)
- Hurrikan (1)
- Hybrid Markets (1)
- Hybrid Trading Systems (1)
- Hyperbolic Distribution (1)
- Hyperinflation (1)
- Hypothekarkredite (1)
- Hypothekengeschäft (1)
- Hysteresis (1)
- I(2) analysis (1)
- IASC New Structure (1)
- IFRS (1)
- IMF (1)
- IMF Program Participation (1)
- IT innovations (1)
- IV (1)
- IV approach (1)
- IV estimation (1)
- Identification (1)
- Idiosyncratic volatility puzzle (1)
- Illiquidity (1)
- Imbalances (1)
- Immaterieller Anlagewert (1)
- Immediacy (1)
- Immigration (1)
- Impact of Changing Stock-Market Regulation and Institution (1)
- Impairments (1)
- Imperfect Competition (1)
- Imperfect Knowledge (1)
- Implicit Insurance Contracts (1)
- Implied Probability Densities (1)
- Implied volatility (1)
- Import (1)
- Impulse Response Function (1)
- Impulse Responses (1)
- Impulse-response (1)
- Incentive (1)
- Incentives (1)
- Inclusive Finance (1)
- Income Inequality (1)
- Incomplete Insurance Contracts (1)
- Incubator (1)
- Incurred loss model (1)
- Indeterminacy (1)
- Index Funds (1)
- Index Model (1)
- Index Trigger (1)
- Index-Futures (1)
- Indexation (1)
- Individual Investors (1)
- Individual investors (1)
- Individuum (1)
- Industrie (1)
- Industriestaaten (1)
- Industry Classification (1)
- Industry Comparison (1)
- Inefficient Forecasts (1)
- Infektionsdynamik (1)
- Inflation Beliefs (1)
- Inflation Expectations (1)
- Inflation Forecasting (1)
- Inflation Inertia (1)
- Inflation Rate (1)
- Inflation convergence (1)
- Inflation targeting (1)
- Inflationsmessung (1)
- Informal Loans (1)
- Information (1)
- Information Acquisition (1)
- Information Frictions (1)
- Information Production (1)
- Information Share (1)
- Information Shares (1)
- Information Theory (1)
- Information Treatment (1)
- Information processing (1)
- Information value (1)
- Informational Volatility (1)
- Informationsaustausch (1)
- Informationsgehalt (1)
- Informationswert (1)
- Initial Public Offering (1)
- Initial Public Offering (IPO) (1)
- Insidergeschäft (1)
- Insiderregeln (1)
- Institution formation (1)
- Institution-building (1)
- Institutional Investor (1)
- Institutional Investors (1)
- Institutional Investors’ Ownership (1)
- Institutional Setting on Underpricing (1)
- Institutional investors (1)
- Insurance Activities (1)
- Insurance Brokers (1)
- Insurance Supervision (1)
- Integrated Assessment Model (1)
- Integrated Risk Management (1)
- Integrität (1)
- Intensity Models (1)
- Interbank Market (1)
- Interbank Markets (1)
- Interdealer Brokerage (1)
- Interest Rate (1)
- Interest Rate Forecasting (1)
- Interest Rate Risk (1)
- Intergenerational Risk Sharing (1)
- Interim Report (1)
- Intermediated work (1)
- Intermediation (1)
- Internal Controls (1)
- Internal borrower rating (1)
- Internalization (1)
- International Accounting Standards (1)
- International Capital Flows (1)
- International Cross-Listings (1)
- International Financial Futures Exchange (1)
- International Financial Futures and Options Exchange (1)
- International Financial Reporting Standards (1)
- International Stock Exchange of the United Kingdom and the Republic of Ireland (1)
- International Transmission Mechanism (1)
- International finance (1)
- International relationships (1)
- Internationale Bank (1)
- Internationale Wettbewerbsfähigkeit (1)
- Internationale Währungspolitik (1)
- Internationaler Terrorismus (1)
- Internationaler Vergleich (1)
- Internationaler Währungsfonds (1)
- Internationales Währungssystem (1)
- Internationalisierung (1)
- Internationalization (1)
- Internes Kontrollsystem (1)
- Intertemporal Choice (1)
- Intra-Day Volatility (1)
- Intraday Trading Process (1)
- Intratemporal Elasticity of Substitution (1)
- Inventory Risk (1)
- Investition (1)
- Investitionsentscheidung (1)
- Investment Banking (1)
- Investment Decisions (1)
- Investment Funds (1)
- Investment Styles (1)
- Investment attitudes (1)
- Investment funds (1)
- Investment-Specific Shocks (1)
- Investments (1)
- Investor (1)
- Investor education (1)
- Investor sentiment (1)
- Investors Heterogeneity (1)
- Job Match Quality (1)
- Justiz (1)
- Justizverwaltung (1)
- Kalman Filter (1)
- Kapitalismus (1)
- Kapitalkonzentration (1)
- Kapitalmarktunion (1)
- Kapitalrenditen (1)
- Katrina (1)
- Kaufentscheidung (1)
- Kaufkraft des Geldes (1)
- Kaufkraftparität (1)
- Kaufkraftvergleich (1)
- Kinderbonus (1)
- Klimawandel (1)
- Konditionenpolitik (1)
- Kongreß (1)
- Konjunkturpolitik (1)
- Konjunkturschwankung (1)
- Konsumgütermarkt (1)
- Kontrolle (1)
- Konzentration <Wirtschaft> (1)
- Korrelation (1)
- Kovarianzanalyse (1)
- Kreditderivat (1)
- Kreditgenossenschaft (1)
- Kreditgenossenschaftlicher Verbund (1)
- Kreditinstitute (1)
- Kreditmanagement (1)
- Kritik (1)
- Kryptowährungen (1)
- Kunstmarkt (1)
- Kursanomalie (1)
- Kursrisiko (1)
- Künstliche Intelligenz (KI) (1)
- LASSO (1)
- LBO spillovers (1)
- LBOs (1)
- LSTM neural networks (1)
- Labor Hoarding (1)
- Labor Income Risk (1)
- Labor Market Deregulation (1)
- Labor Market Frictions (1)
- Labor Markets (1)
- Labor Supply (1)
- Labor market competition (1)
- Labour supply (1)
- Lack of Planning (1)
- Laffer Curve (1)
- Lag (1)
- Lagrange-d'Alembert equation (1)
- Landesbank (1)
- Landeskreditbank Baden-Württemberg (1)
- Langzeitvertrag (1)
- Laplace Distribution (1)
- Laplace-Verteilung (1)
- Latency (1)
- Latent Variables (1)
- Law Enforcement (1)
- Law and economics (1)
- Law and finance (1)
- Lead-lag relationship (1)
- Leading indicator (1)
- Lebenskostenindex (1)
- Lebenszeitverlust (1)
- Legal Institutions (1)
- Leistungslohn (1)
- Leitungsentscheidungen (1)
- Lender of last resort (1)
- Lernen (1)
- Leverage (1)
- Leverage Effect (1)
- Leveraged buyouts (1)
- Libra (1)
- Lieferant (1)
- Life Events (1)
- Life Insurance Surrender (1)
- Life Insurers (1)
- Life course transitions (1)
- Life insurance companies (1)
- Life-cycle hypothesis (1)
- Liikanen Commission (1)
- Liikanen Report (1)
- Limit Order (1)
- Limit Order Book Market (1)
- Limit Order Book Slopes (1)
- Limit Order Books (1)
- Limited partnerships (1)
- Lintner dividend model (1)
- Liquidity Facilities (1)
- Liquidity Premium (1)
- Liquidity Shock (1)
- Liquidity Shocks (1)
- Liquidity premium (1)
- Liquidity provider incentives (1)
- Liquidity provision (1)
- Liquiditätseffekte der Zinspolitik (1)
- Listed Private Equity (1)
- Listing Requirements (1)
- Literacy (1)
- Living Wills (1)
- Livingston Survey (1)
- Loan Losses (1)
- Loan Pricing (1)
- Loan losses (1)
- Loan to income ratio (1)
- Loan to value ratio (1)
- Lobbying (1)
- Locus of control (1)
- Lohnrigidität (1)
- Lohnstarrheit (1)
- Long Term Investment (1)
- Long-Run Risk (1)
- Long-Run Underperformance (1)
- Long-run risk (1)
- Long-term Contracts (1)
- Loss Sharing (1)
- Loss-aversion (1)
- Low-emission vehicles (1)
- Lucas paradox (1)
- MIFID (1)
- MMFs (1)
- MTS Bond Market (1)
- Macroeconomic Forecasting (1)
- Macroeconomic Fundamentals (1)
- Macroeconomic Modeling (1)
- Macroeconomic News (1)
- Macroeconomic News Announcements (1)
- Macroeconomics (1)
- Macroprudential policy (1)
- Male and Female Differences (1)
- Management Commentary (1)
- Managerial rent (1)
- Managing Innovations (1)
- Mandatory Law (1)
- Margin (1)
- Marginal Propensity to Consume (1)
- Mark-to-Market Accounting (1)
- Market (in)completeness (1)
- Market Concentration (1)
- Market Data Sales (1)
- Market Fragility (1)
- Market Integrity (1)
- Market Linkage (1)
- Market Liquidity (1)
- Market Making (1)
- Market Manipulation (1)
- Market Microstructure Noise (1)
- Market Microstructure Theory (1)
- Market Oversight (1)
- Market Power (1)
- Market Reactions (1)
- Market Value (1)
- Market discipline (1)
- Market efficiency (1)
- Market fragmentation (1)
- Market manipulation (1)
- Market microstructure (1)
- Market sentiment (1)
- Market volatility (1)
- Markov Perfect Equilibrium (1)
- Markov Processes (1)
- Markov-Modell (1)
- Markov-switching DSGE (1)
- Markov–Switching (1)
- Marktmacht (1)
- Marktstruktur (1)
- Matching (1)
- Maximum Likelihood (1)
- Maximum likelihood estimation (1)
- Medicare (1)
- Mehrgenerationenmodell (1)
- Mehrproduktbetrieb (1)
- Mehrwertsteuersenkung (1)
- Mensch und Maschine (1)
- Mental models (1)
- Merchandise trade (1)
- Merger Arbitrage (1)
- Meritocracy (1)
- Methode (1)
- Mexiko (1)
- MiFID (1)
- Microfinance (1)
- Microstructure Noise (1)
- Migration (1)
- Mikrostrukturtheorie <Kapitalmarkttheorie> (1)
- Mini-flash crash (1)
- Minimum Reserves (1)
- Minority Shareholder Protection (1)
- Mis-selling (1)
- Mitgliedschaft (1)
- Mitigation (1)
- Mixed-frequency data (1)
- Mixing Frequencies (1)
- Mixture Distributions (1)
- Mobility (1)
- Model Adequacy (1)
- Model Comparison (1)
- Model Selection (1)
- Model evaluation (1)
- Model uncertainty (1)
- Model-based regulation (1)
- Modell (1)
- Models and Applications (1)
- Monetarism (1)
- Monetary (1)
- Monetary Models (1)
- Monetary Policy Surprises (1)
- Monetary Policy Transmission (1)
- Monetary Shocks (1)
- Monetary Targeting (1)
- Monetary policy (1)
- Monetary policy strategy (1)
- Monetary-fiscal interaction (1)
- Money Creation (1)
- Money Market (1)
- Money Market Funds (1)
- Money demand (1)
- Money non neutrality (1)
- Monte Carlo Likelihood (1)
- Monte Carlo Methods (1)
- Monte Carlo integration (1)
- Moral Hazar (1)
- Morality (1)
- Mortality risk (1)
- Mortgage Markets (1)
- Mortgage affordability (1)
- Mortgage design (1)
- Mortgage premia (1)
- Mortgage supply (1)
- Multi-Layer Network (1)
- Multi-Products Firms (1)
- Multi-Step estimation (1)
- Multi-level marketing (1)
- Multilayer networks (1)
- Multiline Insurance (1)
- Multiple Blockholders (1)
- Multiple Equilibria (1)
- Multiple equilibria (1)
- Multiplicative Error Models (1)
- Multitasking (1)
- Multivariate Stable Distribution (1)
- Multivariate time series (1)
- Mundellian trilemma (1)
- Music (1)
- Mutual Funds (1)
- Mutual funds (1)
- Mutually Exciting Processes (1)
- Mutually exciting processes (1)
- Mängelhaftung (1)
- Münzgewinn (1)
- NCAs (1)
- NFT (1)
- NLP (1)
- Nachfrage (1)
- Narrative Approach (1)
- Narrative Identification (1)
- Narrow Banking (1)
- Nasdaq (1)
- Nash Bargaining (1)
- Nash equilibrium (1)
- National Accounting (1)
- Natural Language Processing (1)
- Natural experiments (1)
- Negative home equity (1)
- Nelson-Siegel curve (1)
- Nelson-Siegel model (1)
- Net Foreign Assets (1)
- Net Worth (1)
- Net-zero transition (1)
- Network Combination (1)
- Network Communities (1)
- Network theory (1)
- Neural Network (1)
- Neuseeland (1)
- Neutralität des Geldes (1)
- New Keynesian DSGE (1)
- New Keynesian Models (1)
- New Keynesian macro-epidemic models (1)
- New-Keynesian Models (1)
- News (1)
- News Releases (1)
- News Sentiment (1)
- News and Business Cycles (1)
- News media sentiment (1)
- Next Generation EU (1)
- Nichtlineare Zeitreihenanalyse (1)
- Nichtlineares mathematisches Modell (1)
- Niedrigzinsen (1)
- Niedrigzinsphase (1)
- Niedrigzinsumfeld (1)
- Nominal Rigidities (1)
- Nominal Wage Rigidity (1)
- Non-Display Order (1)
- Non-Fungible Tokens (1)
- Non-bank lead arrangers (1)
- Non-fungible tokens (NFTs) (1)
- Non-governmental Organizations (1)
- Non-linear pricing design (1)
- Nonlinear Bayesian Estimation (1)
- Nonlinear Optimal Policy (1)
- Nonlinear Policy (1)
- Nonlinear solution methods (1)
- Nonlinearity (1)
- Norwegian banking crisis (1)
- Number of Lenders (1)
- Number of lenders (1)
- Numerical Solution (1)
- Nutzenfunktion (1)
- OPEC (1)
- OTC (1)
- OTC Markets (1)
- OTC derivatives (1)
- Obfuscation (1)
- Occasionally Binding Constraint (1)
- Offene Volkswirtschaft (1)
- Offenlegungspflichten (1)
- Oil (1)
- Oil market (1)
- Older Population (1)
- On-the-Job Search (1)
- Online Surveys (1)
- Open Economy (1)
- Open Economy DSGE Models (1)
- Open banking (1)
- Opening Auction (1)
- Opening Call Auction (1)
- Opening Price (1)
- Operational Risk (1)
- Optimal Asset Allocation (1)
- Optimal Industrial Policies (1)
- Optimal Policy (1)
- Optimal Policy Mix (1)
- Optimal Regulation (1)
- Optimierung (1)
- Option (1)
- Option Pricing (1)
- Option-pricing Model (1)
- Options (1)
- Order Entry (1)
- Order Flow (1)
- Order Placement Strategy (1)
- Orderbuch (1)
- Ordnungspolitik (1)
- Original sin (1)
- Osteuropa (1)
- Output Gap Uncertainty (1)
- Output Growth (1)
- Output and Inflation Persistence (1)
- Outright Monetary Transactions (1)
- Over-Confidence (1)
- Overlapping Generations (1)
- Overlapping generations (1)
- Overvaluation Hypothesis (1)
- Own Risk and Solvency Assessment (1)
- Ownership structures (1)
- PPP (1)
- Panama Papers (1)
- Pandemic (1)
- Panel Cointegration (1)
- Panel Data (1)
- Panel Sample Selection Models (1)
- Panelanalyse (1)
- Pareto Inferior (1)
- Pareto-Optimum (1)
- Partial Information (1)
- Patience (1)
- Paul Volcker (1)
- Paycheck Protection Program (1)
- Pecuniary Externality (1)
- Peer Effects (1)
- Peer effects (1)
- Peers (1)
- Pension (1)
- Pension Finance (1)
- Pension system (1)
- Pensions Dashboard (1)
- Perceptions (1)
- Perfect Sequential Equilibrium (1)
- Performance Gap (1)
- Permanent and Transitory Decomposition (1)
- Permanent-Income Hypothesis (1)
- Persistence (1)
- Persistent and Transitory Income Shocks (1)
- Personal Finance (1)
- Personality traits (1)
- Petroleum-based Economies (1)
- Pivotality (1)
- Plaintiff Lawyers (1)
- Planning (1)
- Point-Mass Mixture (1)
- Point-mass Mixture (1)
- Policy Analysis (1)
- Policy Center (1)
- Policy Effects (1)
- Policy measures in the EU (1)
- Political Economy (1)
- Politikgestaltung volkswirtschaftlicher Institutionen (1)
- Politisches Handeln <Motiv> (1)
- Pollution (1)
- Population Aging (1)
- Portfolio (1)
- Portfolio Allocation (1)
- Portfolio Inertia (1)
- Portfolio Insurance (1)
- Portfolio Management (1)
- Portfolio Rebalancing (1)
- Portfolio optimization (1)
- Portfolio-Management (1)
- Portfolios (1)
- Positive semidefiniteness (1)
- Potential Output (1)
- Prag <2008> (1)
- Pre-Opening (1)
- Preference Interaction (1)
- Preference Stability (1)
- Preference Uncertainty (1)
- Preference for early resolution of uncertainty (1)
- Preference survey module (1)
- Preis (1)
- Preisdifferenzierung (1)
- Preisdiskriminierung (1)
- Preisstabilität (1)
- Preisänderung (1)
- Price Competition (1)
- Price Expectations (1)
- Price Formation (1)
- Price Impact (1)
- Price Pressures (1)
- Price Stability (1)
- Price discrimination (1)
- Price elasticity of gasoline demand (1)
- Pricing Determinants (1)
- Pricing bubbles (1)
- Pride (1)
- Principal Component Analysis (1)
- Prior (1)
- Private Altersversorgung (1)
- Private Altersvorsorge (1)
- Private Business (1)
- Private Public Partnership (PPP) (1)
- Private benefits (1)
- Private debt (1)
- Private ordering (1)
- Privater (1)
- Privatization (1)
- Prize Stabilization (1)
- Pro-Rata (1)
- Probability Weighting Function (1)
- Product returns (1)
- Production (1)
- Production Economy (1)
- Production, Saving, Consumption and Investment Forecasting (1)
- Productivity and Growth (1)
- Produktivität (1)
- Professionalisierung der Aufsichtsratstätigkeit (1)
- Program Evaluation (1)
- Propagation mechanism (1)
- Proprietary Trading (1)
- Prosociality (1)
- Prudence (1)
- Prudential filter (1)
- Public Goods (1)
- Public Housing (1)
- Public Policy (1)
- Public Private Partnership (1)
- Public financial news (1)
- Public pension funds (1)
- Public-Private Partnerships (1)
- Publizität (1)
- Publizitätspflicht (1)
- Puffer (1)
- Pump-and-dump schemes (1)
- QE (1)
- Quantile Causality (1)
- Quantile Regression (1)
- Quantitative Lockerung (1)
- Quantitative trade models (1)
- Quantity Equation (1)
- Quantitätstheorie (1)
- Question Framing (1)
- Quid-pro-quo Mechanism (1)
- R&D Collaboration (1)
- R&D Investment (1)
- R&D expenses (1)
- RBC (1)
- RCT (1)
- Raiffeisenbank (1)
- Ramsey planner (1)
- Range-based estimation (1)
- Rating Agencies (1)
- Rating Process (1)
- Ratingagentur (1)
- Rational Inattention (1)
- Rationale Erwartung (1)
- Real Estate (1)
- Real Exchange Rate (1)
- Real GDP (1)
- Real Interest Rates (1)
- Real Wage Rigidities (1)
- Real effects (1)
- Real estate (1)
- Real options (1)
- Real-Time Data (1)
- Realer Wechselkurs (1)
- Realization Utility (1)
- Realized Kernel (1)
- Realized Volatility (1)
- Realzins (1)
- Recht (1)
- Rechtsdurchsetzung (1)
- Rechtsnormen (1)
- Record resolution (1)
- Recursive Least Squares (1)
- Recursive Saddlepoint Method (1)
- Recursive Utility (1)
- Redemptions (1)
- Reference Point (1)
- Referrals (1)
- Regional Entrepreneurship (1)
- Regional Inflation Dynamics (1)
- Regression Discontinuity (1)
- Regret (1)
- Regularization (1)
- Regulation of Financial Institutions (1)
- Regulations (1)
- Regulatory Arbitrage (1)
- Regulatory Capture (1)
- Related Party Transactions (1)
- Relationship Lending (1)
- Relationship banking (1)
- Rendite (1)
- Rent-Seeking (1)
- Rente (1)
- Rentenalter (1)
- Rententransparenz (1)
- Rents (1)
- Reorganization (1)
- Repeated Games (1)
- Repeated Principal-Agent Model (1)
- Repo Markets (1)
- Repo Specialness (1)
- Reporting Standards (1)
- Representative Consumer (1)
- Reproduktionszahlen (1)
- Research and development (1)
- Research design (1)
- Reserve Orders (1)
- Reserve Requirements (1)
- Reserve requirements (1)
- Resiliency (1)
- Resolution Planning (1)
- Resource Acquisition (1)
- Resource Based View (1)
- Responsible investment (1)
- Restructuring (1)
- Restrukturierungsgesetz (1)
- Retail Banking (1)
- Retail Challenge (1)
- Retail gasoline price (1)
- Retirement Accounts (1)
- Retirement Security (1)
- Retirement Seminars (1)
- Retirement and Retirement Policies (1)
- Retirement planning (1)
- Retirement saving (1)
- Return (1)
- Return Risk (1)
- Return predictability (1)
- Returns to experience (1)
- Reversible Jump Markov Chain Monte Carlo (1)
- Revisions (1)
- Revolving Debt (1)
- Riester-Rente (1)
- Risikoanalyse (1)
- Risikoaversion (1)
- Risikomaße (1)
- Risikoverhalten (1)
- Risk Assessment (1)
- Risk Attitudes (1)
- Risk Measurement (1)
- Risk Pooling (1)
- Risk Preferences (1)
- Risk Taking (1)
- Risk sharing (1)
- Risk taking (1)
- Risk-Return Characteristics (1)
- Risk-neutral densities (1)
- Risk-premium (1)
- Risk-taking (1)
- Riskfree Rate (1)
- Risky Decision (1)
- Robust Simple Rules (1)
- Routine Medical Care (1)
- Rubin Causal Model (1)
- Ruhegeld (1)
- Rule-of-Thumb Consumers (1)
- Russia (1)
- Russian Economy (1)
- Russian Sanction (1)
- S corporations (1)
- S&P 500 (1)
- SEC (1)
- SHARE, Projekt (1)
- SIFI (1)
- SME Trading (1)
- SPR (1)
- SRB (1)
- SRF (1)
- SSM (1)
- STAR GARCH (1)
- STS (simple, transparent, and standardized securitizations) (1)
- SVAR (1)
- Saving Behavior (1)
- Saving Decisions (1)
- Saving puzzles (1)
- Savings (1)
- Say on Pay (1)
- Scenario (1)
- Schadensindex (1)
- Schenkungsteuer (1)
- Schuldnerland (1)
- Schweden (1)
- Schätzfunktion (1)
- Schätztheorie (1)
- Screening (1)
- Search Frictions (1)
- Search Model (1)
- Secondary Loan Markets (1)
- Securities Market Regulation (1)
- Securities Regulation (1)
- Securities regulation (1)
- Securitisation (1)
- Segmentation (1)
- Self Control (1)
- Self-Control (1)
- Self-exciting point process (1)
- Selling Behavior (1)
- Selling Decisions (1)
- Semiparametric Model (1)
- Sensitivität (1)
- Sentiment Analysis (1)
- Sequential Policy (1)
- Services Trade (1)
- Settlement (1)
- Settlement Latency (1)
- Severance Pay (1)
- Shadow Banking (1)
- Shannon capacity (1)
- Shapley-Lösung (1)
- Shareholder Letters (1)
- Shareholder Rights Directive (1)
- Shareholder wealth (1)
- Short Selling Constraints (1)
- Short-run Risk (1)
- Short-time work (1)
- Shortfall Risk (1)
- Signaling (1)
- Signaling Game (1)
- Similarity (1)
- Similarity encoding (1)
- Simulation (1)
- Sin Stocks (1)
- Single Banking Market (1)
- Single Resolution Mechanism (SRM) (1)
- Single Supervisy Mechanism (1)
- Skonto (1)
- Slow-Moving Capital (1)
- Small Business (1)
- Small Open Economy Models (1)
- Smoothing (1)
- SoFFin (1)
- Sociability (1)
- Social (1)
- Social Conditioning (1)
- Social Impact (1)
- Social Interactions (1)
- Social Learning (1)
- Social Norms (1)
- Social Policy (1)
- Social Security Reform (1)
- Social Security and Public Pensions (1)
- Social Security claiming (1)
- Social Security claiming age (1)
- Social Security reform (1)
- Social Security solvency (1)
- Social and Governance (ESG) (1)
- Social media (1)
- Social networks (1)
- Socially responsible investing (1)
- Socioeconomic Status (1)
- Sociology of Finance (1)
- Soft Information (1)
- Sovereign (1)
- Sovereign Bond Markets (1)
- Sovereign Bonds (1)
- Sovereign Credit Risk (1)
- Sovereign Debt Restructuring Mechanism (1)
- Sovereign Wealth Funds (1)
- Sovereign credit risk (1)
- Sovereign debt crisis (1)
- Sovereign guarantees (1)
- Sovereign risk (1)
- Sovereign wealth funds (1)
- Sowjetunion (1)
- Sozialausgaben (1)
- Soziale Marktwirtschaft (1)
- Sozialversicherung (1)
- Sparkasse (1)
- Sparse estimation (1)
- Sparsity (1)
- Spatial autoregressive model (1)
- Spectral Decomposition (1)
- Speculative bubbles (1)
- Spende (1)
- Spezifität (1)
- Spike–and–Slab prior (1)
- Spill-over-Effekt (1)
- Spillovers (1)
- Spitzentechnologie (1)
- Staat (1)
- Staatsanleihe Staatsanleihe (1)
- Staatsaufsicht (1)
- Staatsverschuldung (1)
- Stabilisierung (1)
- Stability (1)
- Stability and Growth Pact (1)
- Stabilitäts- und Wachstumspakt (1)
- Stablecoins (1)
- Stages (1)
- Stagnation (1)
- Stakeholder (1)
- Standard Setting (1)
- Standards (1)
- Standortpolitik (1)
- Start-ups (1)
- State-Dependent Pricing (1)
- Stationarity (1)
- Stationary Equilibrium (1)
- Status organizations (1)
- Stay-Home (1)
- Sterling (1)
- Steuergelder (1)
- Steuerhinterziehung (1)
- Steueroasen (1)
- Steuerpolitik (1)
- Steuerprogression (1)
- Steuersatz (1)
- Steuervermeidung (1)
- Sticky Information (1)
- Stochastic Discount Factor (1)
- Stochastic General Equilibrium Model (1)
- Stochastic Growth Model (1)
- Stochastic Search Variable Selection (1)
- Stochastic volatility (1)
- Stochastische dynamische Optimierung (1)
- Stochastischer Prozess (1)
- Stock Exchanges (1)
- Stock Market Dynamic Interactions (1)
- Stock Market Returns (1)
- Stock Markets (1)
- Stock Returns (1)
- Stock Trading (1)
- Stock market (1)
- Stock market wealth (1)
- Strategic Complementarity (1)
- Strategic investors (1)
- Strategieberichterstattung (1)
- Structural Bank Reform (1)
- Structural Change (1)
- Structural VAR (1)
- Structural VAR Approach (1)
- Structural estimation (1)
- Structured retail products (1)
- Struktur (1)
- Strukturanpassungen (1)
- Stückkosten (1)
- Subjective Survival Beliefs (1)
- Subjective expectations (1)
- Subsidization (1)
- Substitutionselastizität (1)
- Success Rates (1)
- Supervision (1)
- Supervisory Achitecture (1)
- Supervisory Relief Measures (1)
- Surveillance (1)
- Survey (1)
- Survey Data (1)
- Survey Methods (1)
- Sustainability-Linked Bonds (1)
- Sustainability-Linked Loans (1)
- Sustainabilty (1)
- Sustainable Finance Disclosure Regulation (1)
- Sustainable finance (1)
- Sustainable finance literacy (1)
- Swap (1)
- Sweden (1)
- Swiss Army Knife (1)
- Sydney Stock Exchange (1)
- Syndicated Loans (1)
- Syndication (1)
- Systemic events (1)
- Systemically Important Financial Institutions (1)
- TARGET balances (1)
- TARGET-Salden (1)
- TARGET2 (1)
- TARP (1)
- TIPS–Treasury puzzle (1)
- TLTRO (1)
- TRACE (1)
- Tageswert (1)
- Takeover speculation (1)
- Target 2 (1)
- Tarifverhandlung (1)
- Tax Cuts (1)
- Tax Cuts and Jobs Act (1)
- Tax Distortions (1)
- Tax Multiplier (1)
- Tax Rebates (1)
- Taxation of Capital (1)
- Taxonomie (1)
- Taxonomy Regulation (1)
- Taylor Regel (1)
- Taylor rule (1)
- Taylor-Regel (1)
- Technische Aktienanalyse (1)
- Technischer Fortschritt (1)
- Technology Adoption (1)
- Technology Park (1)
- Technology Shocks (1)
- Technology spillover (1)
- Temporal aggregation (1)
- Term Structure (1)
- Term Structure Modelling (1)
- Term life insurance (1)
- Terminmarkt (1)
- Terminplanung (1)
- Terms of Trade (1)
- Terrorism (1)
- Testen (1)
- Textual Sentiment (1)
- The Community Reinvestment Act (1)
- Threshold Error Correction (1)
- Tick Size (1)
- Time Inconsistency (1)
- Time Preferences (1)
- Time variation (1)
- Time-Consistency (1)
- Time-varying networks (1)
- Timing (1)
- Tobin tax (1)
- Tone (1)
- Too big to fail (1)
- Too-big-to-fail (1)
- Top 1% (1)
- Topmanager (1)
- Toxic Emissions (1)
- Trade Integration (1)
- Trade sales (1)
- Trade-sale Rights (1)
- Trading volume (1)
- Transaction costs (1)
- Transition (1)
- Transition Financing (1)
- Transitional Dynamics (1)
- Treasury Futures (1)
- Tree-based models (1)
- Trend Growth (1)
- Trennbanken (1)
- Triple Difference Estimator (1)
- Trittbrettfahrerverhalten (1)
- Trust Game (1)
- Trustworthiness (1)
- Tunneling (1)
- Turkey (1)
- Turning points (1)
- Tying (1)
- U.S. Banking Industry (1)
- U.S. oil independence (1)
- UK (1)
- US monetary aggregates (1)
- US top-wealth shares (1)
- US-Dollar (1)
- USA / Board of Governors of the Federal Reserve System (1)
- USA / President (1)
- Ukraine (1)
- Umbrella Policies (1)
- Umfrage (1)
- Unabhängigkeit (1)
- Unconventional Monetary policy (1)
- Under Risk (1)
- Underwriter (1)
- Undiversifiable Earnings Risk (1)
- Unendliches Spiel (1)
- Ungleichheit (1)
- Unit root (1)
- United States (1)
- Universal Banking (1)
- Universal banks (1)
- University governance (1)
- Unobserved Component Models (1)
- Unsichtbarer Handel (1)
- Unterbewertung (1)
- Unternehmensbewertung (1)
- Unternehmensentwicklung (1)
- Unternehmensgröße (1)
- Unternehmenskonzentration (1)
- Up-front fees (1)
- Upper Limit (1)
- Upside Risk (1)
- Utility Functions (1)
- Utility Maximization (1)
- Utility Theory (1)
- Utilization (1)
- VAR Modeling (1)
- VAR estimation (1)
- VC-backed IPOs (1)
- VLCC (1)
- Value creation (1)
- Value premium (1)
- Variance Risk Premium (1)
- Vector Autoregression (1)
- Vektoranalysis (1)
- Venue Choice (1)
- Verdopplungszeit (1)
- Vereinigtes Königreich (1)
- Vergleich (1)
- Verhaltensökonomie (1)
- Verhandlungsspiel (1)
- Verhandlungstheorie (1)
- Verlust (1)
- Verlustrücktrag (1)
- Vermögen (1)
- Vermögenspreise (1)
- Vermögensumverteilung (1)
- Vermögensverteilung (1)
- Versicherung (1)
- Versicherungen (1)
- Versicherungsbetrieb (1)
- Versicherungsnehmer (1)
- Versicherungsschutz (1)
- Versicherungsverein auf Gegenseitigkeit (1)
- Versicherungsvertrag (1)
- Versicherungswirtschaft (1)
- Verteilungsgerechtigkeit (1)
- Vertical Integration (1)
- Vertical R&D (1)
- Vertrag über die Arbeitsweise der EU (AEUV) (1)
- Vertragsschluss (1)
- Volcker Rule (1)
- Volksbank (1)
- Vorstandsvergütung (1)
- Vorstandsvorsitzender (1)
- WHO alerts (1)
- Wachstum (1)
- Wage Setting (1)
- Wage rigidity (1)
- Wagner's Law (1)
- Wagnisfinanzierungsgesellschaft (1)
- Washington <DC, 2008> (1)
- Watchlist (1)
- Weak Instruments (1)
- Wealth Accumulation (1)
- Wealth Decumulation (1)
- Wealth Distribution (1)
- Wealth Effect (1)
- Wealth Holdings (1)
- Wealth Losses (1)
- Wealth Shocks (1)
- Wealth effects (1)
- Wealth shocks (1)
- Wechselkurspolitik (1)
- Welfare Costs (1)
- Weltwirtschaft (1)
- Wertpapieranalyse (1)
- Wertpapieranlage (1)
- Wertpapierberatung (1)
- Wertpapierbörse (1)
- Wertpapiere (1)
- Wertpapierhandel (1)
- Wertpapiermärkte (1)
- Wettbewerbsrecht (1)
- Wettbewerbsstrategie (1)
- Wettervorhersage (1)
- Windfalls (1)
- Wirtschaftliche Stabilität (1)
- Wirtschaftsentwicklung (1)
- Wirtschaftsmodell (1)
- Wirtschaftssektor (1)
- Wirtschaftsverfassung (1)
- Wissen (1)
- Wohlfahrtsstaat (1)
- Wohnungsfinanzierung (1)
- Word Embedding (1)
- World Yield (1)
- WpHG (1)
- Währungspolitik (1)
- Währungsrecht (1)
- Währungsrisiko (1)
- Währungssystem (1)
- Währungswettbewerb (1)
- XAI (1)
- Xetra (1)
- Yen (1)
- Yield Curve (1)
- Yield Curve Risk (1)
- Yield curve (1)
- Yield spread (1)
- Zahlungsbedingungen (1)
- Zahlungsbilanzausgleich (1)
- Zahlungsbilanzungleichgewicht (1)
- Zeit (1)
- Zeitinkonsistenz (1)
- Zeitreihe (1)
- Zentralbankensystem (1)
- Zentralbankgeld (1)
- Zentralbankpolitik (1)
- Zentralnbank (1)
- Zero Bound (1)
- Zero lower bound (1)
- Zinsparität (1)
- Zinspolitik (1)
- Zinsspanne (1)
- Zinsspannenrechnung (1)
- Zinsänderungsrisiko (1)
- Zombie Lending (1)
- Zustandsabhängigkeit (1)
- abnormal returns (1)
- absence of arbitrage (1)
- absolute loss (1)
- accountability (1)
- accounting (1)
- accounting data (1)
- acquisition cost (1)
- adaptation (1)
- adaptive learning (1)
- adviser (1)
- affect heuristic (1)
- affine equilibrium model (1)
- age (1)
- age limits (1)
- agency (1)
- agglomeration (1)
- aggregate uncertainty (1)
- aging (1)
- agriculture (1)
- algorithmic trading (1)
- allocation bias (1)
- allocative efficiency (1)
- ambiguity aversion (1)
- ambiguity premium (1)
- analytic functions (1)
- anchor (1)
- angel finance (1)
- annual general meeting (1)
- annuity puzzle (1)
- anticipation (1)
- art investing (1)
- art investments (1)
- asset management (1)
- asset managers (1)
- asset markets (1)
- asset prices (1)
- asset-backed securities (1)
- assetbacked securities (1)
- asymmetric shocks (1)
- asymmetry (1)
- attitudes towards inequality (1)
- auction (1)
- auction format (1)
- audit industry (1)
- audit partners (1)
- audit quality (1)
- audit quality, (1)
- auditor rotation (1)
- automatic enrollment (1)
- average treatment effect (1)
- background risk (1)
- backtesting (1)
- backward stochastic differential equation (1)
- bail-in bonds (1)
- bailouts (1)
- balance of payments (1)
- balance sheet adjustment (1)
- balance sheet risk (1)
- ban (1)
- bank (1)
- bank accounting (1)
- bank and non-bank financial intermediation (1)
- bank balance-sheet channel (1)
- bank behavior (1)
- bank bonds (1)
- bank capital ratios (1)
- bank capital requirements (1)
- bank default (1)
- bank distress (1)
- bank integration (1)
- bank lending channel (1)
- bank loans (1)
- bank performance (1)
- bank relationship (1)
- bank resolution regimes (1)
- bank seserves (1)
- bank stability (1)
- banking and treasury functions (1)
- banking networks (1)
- banking resolution (1)
- banking supervision, (1)
- banking system liquidity (1)
- banking systems (1)
- banknotes (1)
- bankruptcy (1)
- banks’ funding costs (1)
- behavioral economics (1)
- behavioral inattention (1)
- behavioral macroeconomics (1)
- belief effect (1)
- belief estimation (1)
- belief formation (1)
- belief updates (1)
- belief updating (1)
- benchmarks (1)
- betrayal aversion (1)
- betting (1)
- bi-power variation (1)
- biased assimilation (1)
- biased beliefs (1)
- biases (1)
- bidder surplus (1)
- bilateral investment treaties (1)
- biofuel (1)
- biofuels (1)
- biometric risks (1)
- bitcoin (1)
- bond auctions (1)
- bond market liquidity (1)
- bond ownership (1)
- bond returns (1)
- bonds (1)
- booms (1)
- bootstrap (1)
- borrowing (1)
- bounded rationality (1)
- bracket creep (1)
- brown-spinning (1)
- buffer-stock models of saving (1)
- bunker fuel (1)
- bureaucrats' incentives (1)
- business cycles (1)
- business owners wealth (1)
- calendar effects (1)
- call auctions (1)
- capacity constraints (1)
- capacity utilization (1)
- capital adequacy (1)
- capital flows (1)
- capital gains tax (1)
- capital injection to banks (1)
- capital maintenance (1)
- capital ratios (1)
- capital re-cycling (1)
- capital taxation (1)
- capital taxes (1)
- capital-labor ratio (1)
- caps (1)
- career concerns (1)
- career development (1)
- careers (1)
- cartel damages (1)
- cash equity markets (1)
- cash flow effects of interest rate policy (1)
- cash flow sensitivity (1)
- cash holdings (1)
- catastrophe bond (1)
- catastrophic events (1)
- catastrophic risk (1)
- causal inferences (1)
- central bank accountability (1)
- central bank governance (1)
- central bank governor (1)
- central bank information effect (1)
- central bank mandates (1)
- central bank policy (1)
- central counter parties (1)
- central counterparties (1)
- centralisation (1)
- centrality metrics (1)
- certification (1)
- cheating (1)
- childcare (1)
- choice overload (1)
- client involvement (1)
- climate (1)
- climate behavior (1)
- climate policies (1)
- climate risk (1)
- climate-related disclosures (1)
- closed-end funds (1)
- coal (1)
- cognitive abilities (1)
- cognitive load (1)
- cognitive sophistication (1)
- cointegrated systems (1)
- cointegration (1)
- coinvestment (1)
- collateral reuse (1)
- collective action clauses (1)
- collective litigation (1)
- combined forecasting (1)
- commercial banks (1)
- commodities (1)
- commodity (1)
- common bond (1)
- common factor models (1)
- communication (1)
- comparability (1)
- competition between exchanges (1)
- competitive equilibrium (1)
- competitive insurance market (1)
- competitiveness (1)
- complementarity (1)
- compliance behavior (1)
- comprehensive assessment (1)
- computer visionbiases (1)
- conditional CAPM (1)
- conditional volatility (1)
- conditionality (1)
- confirmatory biases (1)
- conflict of laws (1)
- connected industries (1)
- conspicuous consumption (1)
- constrained efficiency (1)
- construction procurement (1)
- consumer education (1)
- consumer loans (1)
- consumer prices (1)
- consumer protection (1)
- consumption commitments (1)
- consumption dynamics (1)
- consumption heterogeneity (1)
- consumption-based models (1)
- consumption-portfolio decisions (1)
- container (1)
- content analysis (1)
- contest (1)
- contingent capital (1)
- continuous limit order book (1)
- contract addition (1)
- contract econometrics (1)
- contract law (1)
- contract theory (1)
- contractual liability (1)
- contrarian trading (1)
- control by Court of Auditors (1)
- controlled diffusion (1)
- controlled diffusions and jump processes (1)
- conventional monetary policy (1)
- convergence (1)
- conÖrmation bias (1)
- coordination risk (1)
- copula (1)
- corporate bonds (1)
- corporate control (1)
- corporate credit risk (1)
- corporate deposits (1)
- corporate governance codes (1)
- corporate income tax (1)
- corporate savings (1)
- corporate social responsibility (1)
- corporate taxation (1)
- corporate taxes (1)
- correlation (1)
- cost of carry model (1)
- cost-benefit analysis (1)
- counterfactual analysis (1)
- counterfactual decompositions (1)
- counterfactual thinking (1)
- covariance (1)
- crack spread (1)
- credence goods (1)
- credit access (1)
- credit card debt (1)
- credit channel (1)
- credit default swap (1)
- credit derivatives (1)
- credit losses (1)
- credit management (1)
- credit market competition (1)
- credit misallocation (1)
- credit ratings (1)
- credit rationing (1)
- credit risk transfer (1)
- credit scoring (1)
- credit volume (1)
- credit-file data set (1)
- creditors runs (1)
- crop prices (1)
- cross-border insolvency (1)
- cross-border institutions (1)
- cross-border political access (1)
- cross-equation restrictions of rational expectations (1)
- cross-section (1)
- cross-section of expected stock returns (1)
- cross-section of stock return (1)
- cross-section of stock returns (1)
- cross-subsidy (1)
- cross‐country analysis (1)
- crowdlending (1)
- crowdsponsoring (1)
- cryptocurrency (1)
- culture (1)
- currencies (1)
- currency board (1)
- currency competition (1)
- current account (1)
- dark trading (1)
- dash-for-cash (1)
- debt issuance (1)
- debt relief to households (1)
- debt structure (1)
- decentralization theorem (1)
- decision theory (1)
- default effect (1)
- default investment (1)
- deleveraging (1)
- demand curve (1)
- demand elasticities (1)
- democracy (1)
- demographic change (1)
- demographic trends (1)
- demographischer Wandel (1)
- deposit insurance (1)
- deposits (1)
- deregulation (1)
- derivates market (1)
- designated market makers (1)
- dictator game (1)
- die game milk (1)
- diesel (1)
- differences of opinion (1)
- differential games (1)
- diffusion of norms (1)
- digital money (1)
- digital planning tool (1)
- digitalization (1)
- directors (1)
- disaggregated prices (1)
- disaggregation (1)
- disagreement (1)
- disclosure (1)
- discourse analysis (1)
- discretionary lending (1)
- disinflation (1)
- disintermediation (1)
- distance (1)
- distributed ledger technology (1)
- distribution channel (1)
- distributional consequences of monetary policy (1)
- divergence of opinion (1)
- diversity (1)
- divestments (1)
- dividend policy (1)
- dividends (1)
- dollar (1)
- dollar funding (1)
- doubling time (1)
- dual systems (1)
- duration of civil proceedings (1)
- duration of pay (1)
- dynamic correlation (1)
- dynamic factor models (1)
- dynamic inconsistency (1)
- dynamic model (1)
- dynamic panel GMM estimation (1)
- dynamic panel sata models (1)
- dynamic spillovers (1)
- earnings management (1)
- economic fluctuations (1)
- economic governance (1)
- economic growth (1)
- economic policy (1)
- economic policy uncertainty (1)
- economic preferences (1)
- economic rationality (1)
- economic reforms (1)
- economic surprises (1)
- economies of scale (1)
- educational intervention (1)
- effective lower bound (1)
- egulation of financial markets (1)
- elections (1)
- electronic markets (1)
- electronic trading (1)
- electronic trading systems (1)
- emerging market economies (1)
- emerging markets (1)
- emissions trading system (ETS) (1)
- emotions (1)
- empirical contract theory (1)
- employees (1)
- employer-employee level dataset (1)
- employment (1)
- end-of-day price dislocation (1)
- endogeneity (1)
- endogenous growth (1)
- endogenous information acquisition (1)
- endogenous risk (1)
- endorsement effect (1)
- energy (1)
- energy crisis (1)
- entrepreneurial spawning (1)
- entrusted loan (1)
- equity (1)
- equity betas (1)
- equity market integration (1)
- equity markets (1)
- equity trading (1)
- equity-risk premium (1)
- erm structure of interest rates (1)
- escape dynamics (1)
- ethanol (1)
- ethische Normen (1)
- euro area regional and sectoral inflation (1)
- europäischer Zahlungsverkehr (1)
- eurozone (1)
- event-study (1)
- exchange rate determination (1)
- exchange rate response to monetary policy (1)
- exchange trading rules (1)
- executive labor market (1)
- exit (1)
- expectation (1)
- expectation gap (1)
- experiences (1)
- experiment (1)
- experimental asset markets (1)
- experiments (1)
- expert forecasts (1)
- expert opinions (1)
- exploratory data analysis (1)
- export ban (1)
- exports (1)
- externalities (1)
- externality (1)
- extreme value theory (1)
- factor timing (1)
- factorization of matrix polynomials (1)
- fairness (1)
- familiarity (1)
- family firms (1)
- federal transfers (1)
- fertility (1)
- fiduciary (1)
- field study (1)
- filtering (1)
- finance and development (1)
- finance and employment (1)
- finance and technology (1)
- finance wage premium (1)
- financial accelerator (1)
- financial constraints (1)
- financial contracts (1)
- financial crises (1)
- financial cycles (1)
- financial decision-making (1)
- financial derivatives (1)
- financial development (1)
- financial disasters (1)
- financial education (1)
- financial fragility (1)
- financial fragmentation (1)
- financial innovations (1)
- financial literacy determinants (1)
- financial market (1)
- financial market data (1)
- financial market regulation (1)
- financial market stability (1)
- financial market supervision (1)
- financial markets regulation (1)
- financial models (1)
- financial repression (1)
- financial resilience (1)
- financial retrenchment (1)
- financial risk und project risk (1)
- financial risk-taking (1)
- financial solidarity (1)
- financial spillover (1)
- financial spillovers (1)
- financial stablity (1)
- financial stocks (1)
- financial structure (1)
- financial supervision (1)
- financial systems (1)
- financial transaction data (1)
- financial transaction tax (1)
- financing (1)
- financing constraint (1)
- fire sales (1)
- firm growth (1)
- firm objective (1)
- firm value (1)
- first-order approach (1)
- first-price auctions (1)
- fiscal adjustment (1)
- fiscal austerity (1)
- fiscal crisis (1)
- fiscal decentralization (1)
- fiscal federalism (1)
- fiscal financial vulnerabilities (1)
- fiscal multipliers (1)
- fiscal policy transmission (1)
- fiscal responsibility (1)
- fiscal solidarity (1)
- fiscal stimulus (1)
- fiscal stress (1)
- fiscal transfers (1)
- fiscal union (1)
- fiscal variables (1)
- fixed point approach (1)
- flash crashes (1)
- flexible-hour contracts (1)
- floating net asset value (FNAV) (1)
- floor versus screen trading (1)
- floors (1)
- food crisis (1)
- food price volatility (1)
- forbearance (1)
- forecast (1)
- forecast accuracy (1)
- forecasts (1)
- foreign currency lending (1)
- foreign direct investment (1)
- foreign portfolio investment (1)
- formal education (1)
- fragmentation (1)
- free banking (1)
- free dividend fallacy (1)
- free-riding problem (1)
- frequency domain (1)
- frequent batch auctions (1)
- front loading Effekte (1)
- front loading effects (1)
- functional finance approach (1)
- fund growth (1)
- funding dry-ups (1)
- funding risk (1)
- furlough (1)
- futures markets (1)
- game perceptions (1)
- gasoline supply (1)
- gasoline tax (1)
- gender (1)
- gender equality (1)
- gender wage gap (1)
- genetics (1)
- geographic expansion (1)
- geopolitical risk (1)
- german banking system (1)
- german banks (1)
- german pension system (1)
- global banking (1)
- global co-movement (1)
- global preference survey (1)
- goal orientation (1)
- government (1)
- government debt (1)
- gradualism (1)
- greek crisis (1)
- green central bank policy (1)
- green financing (1)
- group identity (1)
- group law (1)
- group size (1)
- growth options (1)
- habit (1)
- health (1)
- hedging errors (1)
- hedonic model (1)
- herd immunity (1)
- heterogeneity (1)
- heterogeneous beliefs (1)
- heterogeneous expectations (1)
- heterogeneous firms (1)
- heterogeneous monetary policy response (1)
- heterogeneous price expectations (1)
- heterogeneous wage rigidity (1)
- hidden action (1)
- high consumption volatility (1)
- high frequency data (1)
- high frequency trading (1)
- high-frequency traders (HFTs) (1)
- high-frequency trading (1)
- high-tech (1)
- high-tech investment (1)
- higher order beliefs (1)
- higher-order beliefs (1)
- holdout litigation (1)
- honesty (1)
- hours per capita measurement (1)
- house price (1)
- household liquidity (1)
- household savings (1)
- household wealth (1)
- household finance (1)
- households (1)
- housing debt crisis (1)
- housing expenditure share (1)
- housing investments (1)
- ideational shift (1)
- idle time (1)
- impatience (1)
- imperfect common knowledge (1)
- imperfect competition (1)
- imperfect labor market competition (1)
- implied correlation (1)
- import prices (1)
- import-export relations (1)
- impulse analysis (1)
- incentive compatibility (1)
- incentive compensation (1)
- incentive pay (1)
- incentives for investment (1)
- incidence (1)
- income dependent inflation (1)
- income distribution (1)
- income risk (1)
- income tax (1)
- incomplete information (1)
- independent private values (1)
- indeterminacy (1)
- index of lost lifetime (1)
- indicators (1)
- indirect inference estimation (1)
- individual retirement account (1)
- individual-bank lending (1)
- individuelle Altersvorsorge (1)
- industrial organization (1)
- inertia in demand (1)
- infection dynamics (1)
- inference (1)
- inflation expectations (1)
- inflation forecast targeting (1)
- inflation forecasting (1)
- inflation inertia (1)
- inflation swaps (1)
- informal loans (1)
- informal markets (1)
- information (1)
- information asymmetry (1)
- information demand (1)
- information flow (1)
- information frictions (1)
- information networks (1)
- information processing (1)
- information sharing (1)
- informational externalities (1)
- informativeness principle (1)
- infrastructural power (1)
- infrastructure (1)
- input-output (1)
- instability under learning (1)
- institutional design (1)
- instruments (1)
- insurance industry (1)
- insurance supervision (1)
- inter-corporate loan (1)
- interbank market (1)
- interbank markets (1)
- interconnections (1)
- interdependence (1)
- interdependent preferences (1)
- interest rate elasticity (1)
- interest rate risk (1)
- interest-rate channel (1)
- interest-rate rules (1)
- intergenerational persistence (1)
- intermediate targets (1)
- intermediation (1)
- internal capital markets (1)
- internal financing (1)
- internal money market (1)
- internal rating models (1)
- internal ratings (1)
- internal ratings based approach (1)
- international capital markets (1)
- international comparative finance (1)
- international currencies (1)
- international diversification benefits (1)
- international lendin (1)
- international monetary system (1)
- international price dispersion (1)
- international price setting (1)
- international taxation (1)
- internationaler Konjunkturzusammenhang (1)
- internet (1)
- intertemporal trade (1)
- intraday (1)
- intraday (co-)variation risk (1)
- intraday non-linearities (1)
- intuitive thinking (1)
- inverse probability weighting (1)
- investment behavior (1)
- investment biases (1)
- investment forum (1)
- investment guarantee (1)
- investment mistakes (1)
- investor behavior (1)
- investor preferences (1)
- investor segmentation (1)
- investor sentiment (1)
- investor sophistication (1)
- isk premiums (1)
- jet fuel (1)
- jump risk (1)
- jumps in aggregate consumption (1)
- jumps in the longrun growth rate (1)
- kapitalgedeckte Alterssicherung (1)
- knowledge of economics and finance (1)
- knowledge of finance and economics (1)
- labelling (1)
- labels (1)
- labor demand (1)
- labor hoarding (1)
- labor income (1)
- labor income taxes (1)
- labor market (1)
- labor market entry (1)
- labor mobility (1)
- labour economics (1)
- labour market policies (1)
- large language models (1)
- latency arbitrage (1)
- law (1)
- law enforcement (1)
- layoff risk (1)
- learning about jumps (1)
- learning strategy (1)
- leasing (1)
- legal transplants (1)
- leisure (1)
- lender of last resort (1)
- lending (1)
- level and slope of implied volatility smile (1)
- level playing field (1)
- leverage constraint (1)
- leverage effect (1)
- life cycle model (1)
- life expectancy (1)
- life-cycle (1)
- life-cycle behavior (1)
- life-cycle household decisions (1)
- life-cycle hypothesis (1)
- life-cycle models (1)
- life-cycle utility maximization (1)
- lifecycle (1)
- lifecycle investment (1)
- lifecycle saving (1)
- liftoff (1)
- likelihood insensitivity (1)
- limited arbitrage (1)
- liquidity elasticity (1)
- liquidity externalities (1)
- liquidity premium (1)
- liquidity requirements (1)
- liquidity runs (1)
- loan guarantees (1)
- loan loss allowances (1)
- loan officer (1)
- loan origination (1)
- loan price determination (1)
- local investors (1)
- local method of moments (1)
- local projection (1)
- local projections (1)
- local public debt (1)
- locally non-diversifiable risk (1)
- location decisions (1)
- long memory (1)
- long real interest rates (1)
- long time series (1)
- long-run growth (1)
- long-term real interest rates (1)
- longrun risk (1)
- loss index (1)
- loss sharing (1)
- losses (1)
- lottery-type assets (1)
- low frequency trends (1)
- low interest rate environment (1)
- low risk anomaly (1)
- lump sum (1)
- macro-finance (1)
- macro-financial models (1)
- macro-prudential policy (1)
- macro-prudential tools (1)
- macroeconomic conditions (1)
- macroeconomic experiences (1)
- macroeconomic fundamentals (1)
- macroeconomic risks (1)
- macrofinancial linkages (1)
- macroprudential franework (1)
- macroprudential policy transmission (1)
- macroprudential regulation (1)
- make-up strategies (1)
- makroökonomische Konjunkturforschung (1)
- management compensation (1)
- mandatory disclosure (1)
- manufacturing (1)
- marked to market (1)
- marked to market. (1)
- market and credit risk factors (1)
- market design (1)
- market enforcement (1)
- market expectation (1)
- market fragmentation (1)
- market infrastructure (1)
- market integration (1)
- market makers (1)
- market making (1)
- market microstructure (1)
- market microstructure noise (1)
- market price (1)
- market quality (1)
- market rate of interest (1)
- market risk (1)
- market shares (1)
- market size (1)
- market structure (1)
- market-based (1)
- market-based financial intermediation (1)
- market-making (1)
- marketplace lending (1)
- matching (1)
- maturity (1)
- mean response function (1)
- measure of ambiguity (1)
- measurement error (1)
- media polarization (1)
- median (1)
- median response function (1)
- medium-sized debtors (1)
- mergers and acquisitions (1)
- micro data transparency (1)
- microdata (1)
- microprudential supervision (1)
- midpoint extended life order (1)
- mini-flash crash (1)
- misperception (1)
- missing data (1)
- missing disinflation (1)
- mitigation (1)
- mixed frequency (1)
- mnimum distribution requirements (1)
- modal model (1)
- model misspecification (1)
- moderne Notenbanker (1)
- momentum trading (1)
- monetary financing (1)
- monetary non-neutrality (1)
- monetary operations (1)
- monetary policy strategy (1)
- monetary policy surprise (1)
- monetary policy surprise shocks (1)
- monetary reform (1)
- monetary shocks (1)
- monetary system (1)
- monetary targeting (1)
- monetäre Makroökonomik (1)
- money in the utility function (1)
- mood (1)
- moral hazar (1)
- moral values (1)
- mortgage loans (1)
- motivated beliefs (1)
- motivated reasoning (1)
- motivation for honesty (1)
- multi agent models (1)
- multi-unit auctions (1)
- multinational firms (1)
- multiple lending (1)
- multiple point of entry (1)
- multiple-bank lending (1)
- multiplex networks (1)
- multiplicative error model (1)
- multivariate GARCH (1)
- mutual fund performance (1)
- nance premium (1)
- narrative sign restrictions (1)
- national interest (1)
- national systems of local banks (1)
- natural disasters (1)
- natural gas price (1)
- natural rate (1)
- natural unemployment rate (1)
- negativer Zins (1)
- neoinstitutionalism (1)
- net asset value (1)
- net foreign assets (1)
- net wealth (1)
- net zero transition (1)
- net-zero arbitrage (1)
- net-zero plans and targets (1)
- net-zero transition (1)
- network (1)
- network analysis (1)
- network centrality (1)
- network dynamics (1)
- network formation (1)
- network model (1)
- network topology (1)
- network topology estimation (1)
- network visualization (1)
- new fiscal compact (1)
- nominal exchange rate regime neutrality (1)
- nominee account (1)
- non-Bayesian updates (1)
- non-linear VAR (1)
- non-performing assets (1)
- nonlinearities (1)
- nonlinearity (1)
- nonparametric methods (1)
- nonstandard asymptotics (1)
- normal inverse gaussian distribution (1)
- official market interventions (1)
- oil (1)
- oil demand elasticity (1)
- oil price shock (1)
- oil sands (1)
- oil supply elasticity (1)
- oil trade (1)
- old cohorts wealth (1)
- one-child policy (1)
- online borrowing (1)
- online experiments (1)
- open economy (1)
- open economy macro-finance modeling (1)
- operating procedures (1)
- opinion (1)
- opportunity (1)
- optimal asset allocation (1)
- optimal capital structure choice (1)
- optimal inflation rate (1)
- optimal learning (1)
- optimal monetary policy (1)
- optimal policy (1)
- optimal rate of inflation (1)
- optimal stopping (1)
- optimum currency area (1)
- option-implied distribution (1)
- options (1)
- order flow (1)
- order submission (1)
- orthogonalization (1)
- otc derivatives markets (1)
- outgroup derogation (1)
- output fluctuations (1)
- output gap (1)
- output gap estimates (1)
- overconfidence (1)
- overlapping generations (1)
- overlapping wage contracts (1)
- overreaction (1)
- owner-manager conflict (1)
- ownership concentration (1)
- ownership structure (1)
- pairwise connectedness (1)
- pandemic (1)
- pandemic insurance (1)
- panel data (1)
- panel unit root test (1)
- panel vector autoregression (1)
- parameter uncertainty (1)
- pari passu clauses (1)
- partially linear models (1)
- participation (1)
- participation rate (1)
- passthrough (1)
- patents (1)
- paycheck frequency (1)
- payment system (1)
- peak oil (1)
- peer to peer payment systems (1)
- peer-to-peer (1)
- pension funds (1)
- perceived wealth (1)
- performance (1)
- performance indicators (1)
- performance pricing (1)
- performance-sensitive debt (1)
- personal finance (1)
- personality traits (1)
- peso problem (1)
- pessimism (1)
- pharmaceutical industry (1)
- phased withdrawal accounts (1)
- placebo technique (1)
- polarization (1)
- policy (1)
- policy credibility (1)
- policy design of macroeconomic institutions (1)
- policy evaluation (1)
- policy intervention (1)
- policy normalization (1)
- policy reform (1)
- policy robustness (1)
- policy uncertainty (1)
- political behavior (1)
- political economy of bureaucracy (1)
- political polarization (1)
- politics (1)
- pooling equilibrium (1)
- portfolio management (1)
- portfolio modelling (1)
- portfolio optimization (1)
- portfolio performance (1)
- portfolio selection (1)
- posterior (1)
- posterior risk (1)
- potential output (1)
- precautionary recapitalization (1)
- predictive likelihood (1)
- present bias (1)
- price discovery process (1)
- price discrimination (1)
- price elasticity (1)
- price impact (1)
- price reversal (1)
- price rigidities (1)
- price shocks (1)
- price-dividend ratio (1)
- price-setting (1)
- pricing (1)
- pricing estimates (1)
- primary dealers (1)
- principal agent (1)
- principal components (1)
- private Vermögensbildung (1)
- private benefits of control (1)
- private business (1)
- private companies (1)
- private financial services (1)
- private markets (1)
- private money (1)
- private sector involvement (1)
- probability of default (1)
- product development (1)
- productivity growth (1)
- profits (1)
- propagation of inequality (1)
- propensity score (1)
- proprietary trading ban (1)
- protected values (1)
- provisioning rules (1)
- prudential regulation (1)
- public bonds (1)
- public finance (1)
- public information (1)
- public markets (1)
- public policy analysis (1)
- public private partnership (1)
- quadratic variation (1)
- quadratic variation and covariation (1)
- quantile regression (1)
- racial inequality (1)
- randomized controlled trial (1)
- rank feedback (1)
- rare disaster risk (1)
- rare disasters (1)
- rating (1)
- rational bias (1)
- rational learning (1)
- reactive equilibrium (1)
- real and nominal border effect (1)
- real exchange rate dispersion (1)
- real exchange rate volatility (1)
- real exchange rates (1)
- real option (1)
- realized beta (1)
- realized quarticity (1)
- recent economic crisis (1)
- reconciliation of Lucas's advocacy of rational-expectations modelling and policy predictions and Sims's advocacy of VAR modelling (1)
- recursive preferences (1)
- refined products (1)
- refining (1)
- reform (1)
- regime switching model (1)
- regime-dependent correlations (1)
- regional heterogeneity (1)
- regional propagation (1)
- regression adjustment (1)
- regression discontinuity design (1)
- regret (1)
- regularization (1)
- regulatory capture (1)
- rehypothecation (1)
- related party transactions (1)
- relationship lending, (1)
- relative performance evaluation (1)
- relative performance feedback (1)
- rent seeking (1)
- renting vs. owning home (1)
- repeat sale (1)
- repeated games (1)
- replication (1)
- repo market (1)
- reporting (1)
- reproduction number (1)
- resilience (1)
- resiliency (1)
- resource boom (1)
- responsibility (1)
- retail investors (1)
- retained earnings (1)
- retention (1)
- retirement expectations (1)
- retirement plan (1)
- retirement planning (1)
- retirement policies (1)
- retirement preparation (1)
- return expectations (1)
- reversals (1)
- reverse mortgage (1)
- risk perception (1)
- risk preference (1)
- risk spillovers (1)
- risk-based capital (1)
- risk-sharing (1)
- risk-taking channel of monetary policy (1)
- risk-taking incentives (1)
- robust decision theory (1)
- robust inference (1)
- robust monetary policy (1)
- robustness (1)
- rules (1)
- rules vs discretion (1)
- salience (1)
- saving behavior (1)
- saving puzzles (1)
- savings accounts (1)
- savings and wealth accumulation (1)
- say-on-pay (1)
- scanner price data (1)
- scarring effects (1)
- school closures (1)
- seasonal affective disorder (SAD) (1)
- seasonality (1)
- second-order dependence (1)
- secrecy (1)
- secular stagnation (1)
- securities (1)
- securities law and regulation (1)
- securities lending (1)
- securities markets (1)
- securities trading (1)
- securitization (1)
- selection (1)
- selection bias (1)
- self-control (1)
- semi-parametric estimation (1)
- sensitivity (1)
- separating equilibrium (1)
- severance pay caps (1)
- severity (1)
- shale oil (1)
- shareholder engagement (1)
- shareholder wealth (1)
- shareholderism (1)
- shifting endpoint (1)
- shocks (1)
- short-sale constraints (1)
- short-selling (1)
- simple rules (1)
- simultaneity (1)
- single point of entry (1)
- skill (1)
- skill-biased technological change (1)
- slumps (1)
- small and medium enterprises (1)
- smoothing (1)
- sniping (1)
- social (1)
- social centralization (1)
- social dilemma (1)
- social distance (1)
- social identity (1)
- social impact (1)
- social impact bonds (1)
- social networks (1)
- social norm (1)
- social security claiming (1)
- socialist education (1)
- socially responsible consumers (1)
- soft information (1)
- soft law (1)
- solution methods (1)
- solvency shocks (1)
- sophistication (1)
- source dependence (1)
- sovereign bond markets (1)
- sovereign bond risk premiums (1)
- sovereign debt (1)
- sovereign debt litigation (1)
- sovereign debt restructuring (1)
- sovereign debt standstill (1)
- sovereign rating (1)
- sovereignbank linkages (1)
- soziale Marktwirtschaft (1)
- specificity (1)
- speculative trading (1)
- spending cuts (1)
- spillovers (1)
- spot covariance (1)
- spread premium (1)
- sset pricing (1)
- staatliche Sozialversicherung (1)
- stability (1)
- stability of equilibria (1)
- stabilization (1)
- stable convergence (1)
- stakeholder (1)
- stakeholder governance (1)
- staleness (1)
- standard setting (1)
- state (1)
- state dependence (1)
- state dependency (1)
- state-contingent contracts (1)
- state-dependent sensitivity value-at-risk (SDSVaR) (1)
- state-owned enterprises (1)
- state-space model (1)
- statement indicators (1)
- stationarity (1)
- statistical risk measurement (1)
- statistical testing (1)
- statistics (1)
- stealth trading (1)
- stewardship codes (1)
- sticky expectations (1)
- stochastic control (1)
- stock buybacks (1)
- stock demand (1)
- stock market crisis (1)
- stock market investment (1)
- stock market nonparticipation (1)
- stock market reaction (1)
- stock market volatility (1)
- stock ownership (1)
- stock pricing (1)
- stock repurchases (1)
- stock return expectations (1)
- stocks (1)
- storage (1)
- storage demand (1)
- strategic complementarity (1)
- strategic interaction of regulators (1)
- strategic trading (1)
- strategy review (1)
- stress test (1)
- structural change (1)
- structural estimation (1)
- structural scenario analysis (1)
- structured products (1)
- strukturelle Reformen (1)
- subjective expectations (1)
- subordinated debt (1)
- substitution (1)
- sunspots (1)
- super-elasticity (1)
- supervision (1)
- supervisory intervention (1)
- supply chain (1)
- survey (1)
- survey analysis (1)
- survey expectations (1)
- survey experiments (1)
- survey forecasts (1)
- sustainability KPIs (1)
- sustainable investments (1)
- systemic importance (1)
- systemic risk analysis (1)
- systemic risk contribution (1)
- systemic risk fund (1)
- systemic risk network (1)
- systemic risk, too-interconnected-to-fail (1)
- säkulare Stagnation (1)
- tail dependence (1)
- tail measure (1)
- talent, learning (1)
- tanker (1)
- targets (1)
- taste heterogeneity (1)
- tax (1)
- tax arbitrage (1)
- tax clientele effects (1)
- tax competition (1)
- tax cut (1)
- tax haven (1)
- tax havens (1)
- tax information exchange (1)
- tax information exchange agreements (1)
- tax intervention (1)
- tax policy (1)
- tax reform (1)
- taxing rights (1)
- taxonomies (1)
- technical and fundamental trading (1)
- technological growth (1)
- technology diffusion (1)
- temperature (1)
- temperature shocks (1)
- temporary equilibrium (1)
- term premia (1)
- term structure of interest (1)
- term structure of price expectations (1)
- test cases (1)
- text analysis (1)
- textual analysis (1)
- threshold vector auto-regressive models (1)
- tight oil (1)
- time charter (1)
- time dependency (1)
- time inconsistency (1)
- time series momentum (1)
- time-varying natural rate (1)
- time-varying parameter (1)
- time-varying risk premia (1)
- time-varying systemic risk contribution (1)
- timing (1)
- topic modelling (1)
- total connectedness (1)
- total directional connect- edness (1)
- trade (1)
- trade signaling (1)
- trading (1)
- trading activity (1)
- trading pause (1)
- trading process (1)
- trading rules (1)
- trading strategies (1)
- transaction costs (1)
- transactions (1)
- transition countries (1)
- transition risk (1)
- transmission mechanism (1)
- treasury auctions (1)
- treatment capacity (1)
- trend chasing (1)
- trend inflation (1)
- trend-cycle decomposition (1)
- troika (1)
- trust (1)
- trust driven expectations (1)
- trust evolutionary games (1)
- trust game (1)
- trust games (1)
- tunneling (1)
- twin study (1)
- two-pillar system (1)
- tâtonnement (1)
- uncertainty aversion (1)
- unconfirmed cases (1)
- underinvestment (1)
- unemployment insurance (1)
- universal banking (1)
- updating (1)
- utility dividends (1)
- utility functions (1)
- validation (1)
- valuation (1)
- valuation adjustment (1)
- valuation discount (1)
- valuation ratios (1)
- value at risk (1)
- value-at-risk (1)
- values (1)
- variable annuity (1)
- variance decomposition (1)
- variance risk premium (1)
- vector autoregression (1)
- vector error correction model (1)
- vector-autoregression (1)
- vektorautoregressive Modelle (1)
- venture capital and bank financing (1)
- venture capitalism (1)
- venture funding (1)
- vertical differentiation (1)
- vertical fiscal imbalances (1)
- vignette survey method (1)
- volatility estimation (1)
- volatility forecasting (1)
- volatility of volatility (1)
- voyage (1)
- vulture creditors (1)
- wage hump (1)
- wages (1)
- war (1)
- waterbed effect (1)
- weak identification (1)
- wealth effects (1)
- weather (1)
- welfare costs (1)
- welfare effects (1)
- welfare state (1)
- wholesale shocks (1)
- winner's curse (1)
- worker-firm panels (1)
- workforce (1)
- working hours (1)
- workout (1)
- world interest rates (1)
- yen (1)
- yield spreads (1)
- z-Transform (1)
- zero returns (1)
- zero-interest-rate bound (1)
- fiscal multipliers (1)
- Ökonometrisches Modell (1)
- Übernahmeangebot (1)
- ΔCoVaR (1)
- financial literacy (1)
Institute
- Center for Financial Studies (CFS) (1632)
- Wirtschaftswissenschaften (1147)
- Sustainable Architecture for Finance in Europe (SAFE) (779)
- House of Finance (HoF) (718)
- Institute for Monetary and Financial Stability (IMFS) (109)
- Rechtswissenschaft (48)
- Foundation of Law and Finance (41)
- Institute for Law and Finance (ILF) (8)
- Frankfurt MathFinance Institute (FMFI) (3)
- E-Finance Lab e.V. (1)
Learning and equilibrium selection in a monetary overlapping generations model with sticky prices
(2003)
We study adaptive learning in a monetary overlapping generations model with sticky prices and monopolistic competition for the case where learning agents observe current endogenous variables. Observability of current variables is essential for informational consistency of the learning setup with the model set up but generates multiple temporary equilibria when prices are flexible and prevents a straightforward construction of the learning dynamics. Sticky prices overcome this problem by avoiding simultaneity between prices and price expectations. Adaptive learning then robustly selects the determinate (monetary) steady state independent from the degree of imperfect competition. The indeterminate (non-monetary) steady state and non-stationary equilibria are never stable. Stability in a deterministic version of the model may differ because perfect foresight equilibria can be the limit of restricted perceptions equilibria of the stochastic economy with vanishing noise and thereby inherit different stability properties. This discontinuity at the zero variance of shocks suggests to analyze learning in stochastic models.
This paper compares Bayesian decision theory with robust decision theory where the decision maker optimizes with respect to the worst state realization. For a class of robust decision problems there exists a sequence of Bayesian decision problems whose solution converges towards the robust solution. It is shown that the limiting Bayesian problem displays infinite risk aversion and that decisions are insensitive (robust) to the precise assignment of prior probabilities. This holds independent from whether the preference for robustness is global or restricted to local perturbations around some reference model.
This paper considers a sticky price model with a cash-in-advance constraint where agents forecast inflation rates with the help of econometric models. Agents use least squares learning to estimate two competing models of which one is consistent with rational expectations once learning is complete. When past performance governs the choice of forecast model, agents may prefer to use the inconsistent forecast model, which generates an equilibrium where forecasts are inefficient. While average output and inflation result the same as under rational expectations, higher moments differ substantially: output and inflation show persistence, inflation responds sluggishly to nominal disturbances, and the dynamic correlations of output and inflation match U.S. data surprisingly well.
Over-allotment arrangements are nowadays part of almost any initial public offering. The underwriting banks borrow stocks from the previous shareholders to issue more than the initially announced number of shares. This is combined with the option to cover this short position at the issue price. We present empirical evidence on the value of these arrangements to the underwriters of initial public offerings on the Neuer Markt. The over-allotment arrangement is regarded as a portfolio of a long call option and a short position in a forward contract on the stock, which is different from other approaches presented in the literature. Given the economically substantial values for these option-like claims we try to identify benefits to previous shareholders or new investors when the company is using this instrument in the process of going public. Although we carefully control for potential endogeneity problems, we find virtually no evidence for a reduction in underpricing for firms using over-allotment arrangements. Furthermore, we do not find evidence for more pronounced price stabilization activities or better aftermarket performance for firms granting an over-allotment arrangement to the underwriting banks.
A number of recent studies have suggested that activist stabilization policy rules responding to inflation and the output gap can attain simultaneously a low and stable rate of inflation as well as a high degree of economic stability. The foremost example of such a strategy is the policy rule proposed by Taylor (1993). In this paper, I demonstrate that the policy settings that would have been suggested by this rule during the 1970s, based on real-time data published by the U.S. Commerce Department, do not greatly differ from actual policy during this period. To the extent macroeconomic outcomes during this period are considered unfavorable, this raises questions regarding the usefulness of this strategy for monetary policy. To the extent the Taylor rule is believed to provide a reasonable guide to monetary policy, this finding raises questions regarding earlier critiques of monetary policy during the 1970s.
Ambivalence in the regulatory definition of capital adequacy for credit risk has recently stirred the financial services industry to collateral loan obligations (CLOs) as an important balance sheet management tool. CLOs represent a specialised form of Asset-Backed Securitisation (ABS), with investors acquiring a structured claim on the interest proceeds generated from a portfolio of bank loans in the form of tranches with different seniority. By way of modelling Merton-type risk-neutral asset returns of contingent claims on a multi-asset portfolio of corporate loans in a CLO transaction, we analyse the optimal design of loan securitisation from the perspective of credit risk in potential collateral default. We propose a pricing model that draws on a careful simulation of expected loan loss based on parametric bootstrapping through extreme value theory (EVT). The analysis illustrates the dichotomous effect of loss cascading, as the most junior tranche of CLO transactions exhibits a distinctly different default tolerance compared to the remaining tranches. By solving the puzzling question of properly pricing the risk premium for expected credit loss, we explain the rationale of first loss retention as credit risk cover on the basis of our simulation results for pricing purposes under the impact of asymmetric information. Klassifikation: C15, C22, D82, F34, G13, G18, G20
The following descriptive paper surveys the various types of loan securitisation and provides a working definition of so-called collateralised loan obligations (CLOs). Free of the common rhetoric and slogans, which sometimes substitute for understanding of the complex nature of structured finance, this paper describes the theoretical foundations of this specialised form of loan securitisation. Not only the distinctive properties of CLOs, but also the information economics inherent in the transfer of credit risk will be considered, so that we can equally privilege the critical aspects of security design in the structuring of CLO transactions.
In this paper we assess the implications of sunk costs and product differentiation on the pricing decisions of the multinational firms. For this purpose we use a modified version of Salop's spatial competition. The model yields clear-cut predictions regarding the effects of exchange rate shocks on the market structure and on pass-through. The main results are following: shocks within the band of inaction do not affect market structure. The upper bound of this range rises as the industry ratio of sunk- to fixed costs increases. As fixed costs and product heterogeneity jointly increase, the lower bound drops. Outside of the range, depreciations cause one or several of those foreign brands closest to the home brand to leave. This decreases the overall responsiveness of prices to exchange rate shocks. Large appreciations induce entry and increase the elasticity of prices. This asymmetry implies larger positive than negative PPP deviations. When accounting for price changes in foreign markets, strategic pricing behaviour is no longer sufficient to generate real exchange rate variability. Incomplete pass-through obtains if and only if the domestic firms have a smaller market share abroad. With large nominal exchange rate shocks a hysteresis result obtains if and only if sunk costs are non-zero. Klassifikation: C33, E31
Since the second half of the nineties the euro area has been subject to a considerable accumulation of temporary and idiosyncratic price shocks. Core inflation indicators for the euro area are thus of utmost interest. Based on euro area-wide data core inflation in this paper is analyzed by means of an indicator derived from the generalized dynamic factor model. This indicator reveals that HICP inflation strongly exaggerated both the decline as well as the increase in the price trend in 1999 and 2000/2001. Our results reinforce those achieved by Cristadoro, Forni, Reichlin and Versonese (2001) based on euro area country data which indicates the robustness of the indicator. Klassifikation: C33, E31
Both unconditional mixed-normal distributions and GARCH models with fat-tailed conditional distributions have been employed for modeling financial return data. We consider a mixed-normal distribution coupled with a GARCH-type structure which allows for conditional variance in each of the components as well as dynamic feedback between the components. Special cases and relationships with previously proposed specifications are discussed and stationarity conditions are derived. An empirical application to NASDAQ-index data indicates the appropriateness of the model class and illustrates that the approach can generate a plausible disaggregation of the conditional variance process, in which the components' volatility dynamics have a clearly distinct behavior that is, for example, compatible with the well-known leverage effect. Klassifikation: C22, C51, G10
In this paper, we present a monetary policy game in which the central bank has a private forecast of supply and demand shocks. The public needs to form its inflationary expectations and can make use of central bank announcements. However, because of the credibility problem that the central bank faces, the public will not believe a precise announcement. By extending the arrangement proposed by Garfinkel and Oh (1995) to a model that includes private information about both demand and supply shocks, we investigate the feasibility of making imprecise credible announcements concerning the rate of inflation. Klassifikation:E52;E58
This paper investigates the financial contracting behavior of German venture capitalists against the results of recent theoretical work on the design of venture capital contracts, especially with regard to the use of convertible securities. First, we identify a special feature of the German market, namely that public-private partnership agencies require significantly lower returns than private and young venture capitalists. The latter are most likely to follow their North-American counterpart by refinancing themselves with closed-end funds. Second, with regard to financing practices it is shown that the use of convertibles, relative to other instruments, is influenced by the anticipated severity of agency problems. Klassifikation: C24; G24; G32
We analyze the desinvestment decision of venture capitalists in the course of an IPO of their portfolio firms. The capital market learns of the project quality only in the period following the IPO. Venture capitalists with high-quality firms face a trade-off between immediately selling their stake in the venture at a price below the true value and having to wait until the true value is revealed. We show that the dilemma may be resolved via a reputation-acquiring mechanism in a repeated game set-up. Thereby, we can explain, e.g., the advent of "hot-issue market behavior" involving early disinvestments and a high degree of price uncertainty. Furthermore, we provide a new rationale for underpricing. Young venture capitalists may use underpricing as a device for credibly committing themselves to acquiring reputation.
Deutsche Börse AG plans to introduce a system (Xetra Best) allowing brokers and broker-dealers to internalize the orders of retail customers. Further, Xetra Best supports payment for order flow arrangements. Both internalization and payment for order flow may be detrimental to market quality. This paper discusses advantages and disadvantages of these arrangements. It draws on experiences made in the US. We derive policy implications that aim at a more stringent interpretation of "best execution", and at higher transparency. Klassifikation: G10, G14
Within a two step GARCH framework we estimate the time-varying spillover effects from European and US return innovations to 10 economic sectors within the euro area, the United States, and the United Kingdom. We use daily data from January 1988 - March 2002. At the beginning of our sample sectors in all three currency areas/blocks formed a quite homogeneous group exhibiting only minor sector-specific characteristics. However, over time sectors became more heterogeneous, that is the response to aggregate shocks increasingly varies across sectors. This provides evidence that sector-specific effects gained in importance. European industries show increased heterogeneity simultaneously with the start of the European Monetary Union, whereas in the US this trend started in the early 1990's. Information technology and non-cyclical services (including telecommunication services) became the most integrated sectors worldwide, which are most affected by aggregate European and US shocks. On the other hand, basic industries, non-cyclical consumer goods, resources, and utilities became less affected by aggregate shocks. Volatility spillovers proved to be small and volatile. JEL_Klassifikation: G1, F36
Forecasting stock market volatility and the informational efficiency of the DAX-index options market
(2002)
Alternative strategies for predicting stock market volatility are examined. In out-of-sample forecasting experiments implied-volatility information, derived from contemporaneously observed option prices or history-based volatility predictors, such as GARCH models, are investigated, to determine if they are more appropriate for predicting future return volatility. Employing German DAX-index return data it is found that past returns do not contain useful information beyond the volatility expectations already reflected in option prices. This supports the efficient market hypothesis for the DAX-index options market.
Money-back guarantees in individual pension accounts : evidence from the German pension reform
(2002)
The German Retirement Saving Act instituted a new funded system of supplementary pensions coupled with a general reduction in the level of state pay-as-you-go old-age pensions. In order to qualify for tax relief, the providers of supplementary savings products must offer a guarantee of the nominal value at retirement of contributions paid into these saving accounts. This paper explores how this "money-back" guarantee works and evaluates alternative designs for guarantee structures, including a life cycle model (dynamic asset allocation), a plan with a pre-specified blend of equity and bond investments (static asset allocation), and some type of portfolio insurance. We use a simulation methodology to compare hedging effectiveness and hedging costs associated with the provision of the money-back guarantee. In addition, the guarantee has important implications for regulators who must find an appropriate solvency system for such saving schemes. This version June 17, 2002 . Klassifikation: G11, G23, G28
Why borrowers pay premiums to larger lenders : empirical evidence from sovereign syndicated loans
(2003)
All other terms being equal (e.g. seniority), syndicated loan contracts provide larger lending compensations (in percentage points) to institutions funding larger amounts. This paper explores empirically the motivation for such a price design on a sample of sovereign syndicated loans in the period 1990-1997. I find strong evidence that a larger premium is associated with higher renegotiation probability and information asymmetries. It hardly has any impact on the number of lenders though. This is consistent with the hypothesis that larger lenders act as main lenders, namely help reduce information asymmetries and provide services in situations of liquidity shortage. This constitutes new evidence of the existence of compensations for such unique services. Moreover, larger payment discrepancies are also associated with larger syndicated loan amounts. This provides further new evidence that larger borrowers bear additional borrowing costs.
Die vorliegende empirische Studie analysiert die Vertragsgestaltung zwischen Investoren und europäischen Venture Capital-Fonds. Im Zentrum steht die Analyse der Vergütung des Fondsmanagements sowie der zum Einsatz kommenden Vertragsklauseln. Deren Ausgestaltung ist entscheidend für die Überwindung der Prinzipal-Agenten-Beziehung innewohnenden Agency-Probleme. Hierzu werden 122 Fondsprospekte sowie 46 Gesellschafterverträge von europäischen Venture Capital-Fonds ausgewertet, die in den Jahren 1996 bis 2001, der ersten großen Boomphase des europäischen Venture Capital-Marktes, aufgelegt wurden. Während die jährliche Vergütung des Fondsmanagements auf den ersten Blick sehr standardisiert erscheint, ergeben sich bei einer Barwertbetrachtung aller zu leistenden Management Fees über die gesamte Fondslaufzeit deutliche Anzeichen für Preisdifferenzierung. In Bezug auf den Einsatz von Vertragsklauseln kann eine Zunahme im Zeitablauf und mithin eine zunehmende Komplexität des Vertragsdesigns festgestellt werden. Vor dem Hintergrund der Erfahrungen aus dem US-amerikanischen Venture Capital-Markt kann diese Entwicklung jedoch noch nicht als abgeschlossen gelten. Der europäische Markt bewegt sich in Bezug auf die Verwendung vertraglicher Restriktionen auf dem Niveau, das in den USA bereits Anfang der neunziger Jahre erreicht war.
We use consumer price data for 205 cities/regions in 21 countries to study PPP deviations before, during and after the major currency crises of the 1990s. We combine data from industrialized nations in North America (Unites States, Canada and Mexico), Europe (Germany, Italy, Spain and Portugal), Asia (Japan and South Korea), and Oceania (Australia and New Zealand) with corresponding data from emerging market economies in South America (Argentina, Bolivia, Brazil, Columbia) and Asia (India, Indonesia, Malaysia, Philippines, Taiwan, Thailand). By doing so, we confirm previous results that both distance and border explain a significant amount of relative price variation across different locations. We also find that currency attacks had major disintegration effects by considerably increasing these border effects and by raising within-country relative price dispersion in emerging market economies. These effects are found to be quite persistent since relative price volatility across emerging markets today is still significantly larger than a decade ago.