Details about Harald Hau

Access statistics for papers by Harald Hau.

Last updated 2020-01-12. Update your information in the RePEc Author Service.

Short-id: pha313

Working Papers

2019

1. Bank Bonus Pay as a Risk Sharing Contract
   CESifo Working Paper Series, CESifo
   Also in Working Papers, HAL (2018)
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2018)
   HEC Research Papers Series, HEC Paris (2018)
2. Consumption response to minimum wages: evidence from Chinese households
   Working Paper Series, European Central Bank
   Also in IHEID Working Papers, Economics Section, The Graduate Institute of International Studies (2017) View citations (1)
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2017) View citations (1)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (1)
3. Discriminatory Pricing of Over-the-Counter Derivatives
   IMF Working Papers, International Monetary Fund View citations (6)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (10)
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2017) View citations (8)
   ESRB Working Paper Series, European Systemic Risk Board (2017) View citations (9)
4. Local Capital Scarcity and Small Firm Growth: Evidence from Real Estate Booms in China
   CESifo Working Paper Series, CESifo

2018

5. Are CoCo Bonds a Good Substitute for Equity? Evidence from European Banks
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
6. Asset Allocation and Monetary Policy: Evidence from the Eurozone
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Also in CESifo Working Paper Series, CESifo (2014)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (1)
   Working Papers, Hong Kong Institute for Monetary Research (2013) View citations (1)
   See also Journal Article in Journal of Financial Economics (2016)
7. Capital Scarcity and Industrial Decline: Evidence from 172 Real Estate Booms in China
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
8. Global Portfolio Rebalancing and Exchange Rates
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (4)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (4)
9. Using Social Network Activity Data to Identify and Target Job Seekers
   Working Papers, HAL

2017

10. Firm Response to Competitive Shocks: Evidence from China's Minimum Wage Policy
    CESifo Working Paper Series, CESifo
    Also in IHEID Working Papers, Economics Section, The Graduate Institute of International Studies (2016) View citations (5)
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2016) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (3)

2016

11. Technological Progress and Ownership Structure
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2015)

2014

12. Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
    Also in CESifo Working Paper Series, CESifo (2014) View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (5)
    See also Journal Article in Journal of International Economics (2015)
    Chapter (2014)

2013

13. Structured Debt Ratings: Evidence on Conflicts of Interest
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (2)
    See also Journal Article in Journal of Financial Economics (2015)

2012

14. Bank Ratings: What Determines Their Quality?
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute
    Also in Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales) (2012) View citations (12)
    Working Paper Series, European Central Bank (2012) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (10)
    See also Journal Article in Economic Policy (2013)
15. Dealer Intermediation between Markets
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (2)
    See also Journal Article in Journal of the European Economic Association (2015)
16. Real Effects of Stock Underpricing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article in Journal of Financial Economics (2013)
17. The Exchange Rate Effect of Multi-Currency Risk Arbitrage
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (1)
    See also Journal Article in Journal of International Money and Finance (2014)
18. The Role of Equity Funds in the Financial Crisis Propagation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2011)
    See also Journal Article in Review of Finance (2017)

2009

19. Subprime Crisis and Board (In-)Competence: Private vs. Public Banks in Germany
    CESifo Working Paper Series, CESifo View citations (28)

2008

20. A Tale of Two Platforms: Dealer Intermediation in the European Sovereign Bond Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (19)
21. Global Portfolio Rebalancing Under the Microscope
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (32)
22. Home Bias at the Fund Level
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (36)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (37)
    See also Journal Article in American Economic Review (2008)

2007

23. A Generalized Portfolio Approach to Limited Risk Arbitrage: Evidence from the MSCI Global Index Change
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2005

24. Do Demand Curves for Currencies Slope Down? Evidence from the MSCI Global Index Change
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    See also Journal Article in Review of Financial Studies (2010)

2004

25. Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows and Exchange Rates?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (93)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (79)
    See also Journal Article in American Economic Review (2004)
26. Exchange rates, equity returns and capital flows
    Econometric Society 2004 North American Winter Meetings, Econometric Society
27. Macroeconomic Order Flows: Explaining Equity and Exchange Rate Returns
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)

2003

28. Exchange Rates, Equity Prices and Capital Flows
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (27)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (29)
    See also Journal Article in Review of Financial Studies (2006)
29. How has the euro Changed the Foreign Exchange Market?
    DNB Staff Reports (discontinued), Netherlands Central Bank View citations (17)

2002

30. The Role of Transaction Costs for Financial Volatility: Evidence from the Paris Bourse
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in Journal of the European Economic Association (2006)

2000

31. Real Exchange Rate Volatility and Economic Openness: Theory and Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
    See also Journal Article in Journal of Money, Credit and Banking (2002)
32. The Euro as an International Currency: Explaining Puzzling First Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)

1999

33. Information and Geography: Evidence from the German Stock Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)

Journal Articles

2019

1. How FinTech Enters China's Credit Market
   AEA Papers and Proceedings, 2019, 109, 60-64 View citations (1)

2017

2. Local Asset Price Dynamics and Monetary Policy in the Eurozone
   ifo DICE Report, 2017, 15, (01), 14-16
3. The Role of Equity Funds in the Financial Crisis Propagation
   Review of Finance, 2017, 21, (1), 77-108 View citations (5)
   See also Working Paper (2012)

2016

4. Asset allocation and monetary policy: Evidence from the eurozone
   Journal of Financial Economics, 2016, 120, (2), 309-329 View citations (22)
   See also Working Paper (2018)

2015

5. DEALER INTERMEDIATION BETWEEN MARKETS
   Journal of the European Economic Association, 2015, 13, (5), 770-804 View citations (15)
   See also Working Paper (2012)
6. Incentive pay and bank risk-taking: Evidence from Austrian, German, and Swiss banks
   Journal of International Economics, 2015, 96, (S1), S123-S140 View citations (17)
   See also Working Paper (2014)
   Chapter (2014)
7. Structured debt ratings: Evidence on conflicts of interest
   Journal of Financial Economics, 2015, 116, (1), 46-60 View citations (21)
   See also Working Paper (2013)

2014

8. The exchange rate effect of multi-currency risk arbitrage
   Journal of International Money and Finance, 2014, 47, (C), 304-331 View citations (5)
   See also Working Paper (2012)

2013

9. Bank ratings: what determines their quality?
   Economic Policy, 2013, 28, (74), 289-333 View citations (26)
   See also Working Paper (2012)
10. Europas Bankenunion oder der Triumph der Hoffnung über die Erfahrung
    Perspektiven der Wirtschaftspolitik, 2013, 14, (3-4), 186-197 View citations (1)
11. Real effects of stock underpricing
    Journal of Financial Economics, 2013, 108, (2), 392-408 View citations (17)
    See also Working Paper (2012)

2011

12. Global versus Local Asset Pricing: A New Test of Market Integration
    Review of Financial Studies, 2011, 24, (12), 3891-3940 View citations (2)

2010

13. Do Demand Curves for Currencies Slope Down? Evidence from the MSCI Global Index Change
    Review of Financial Studies, 2010, 23, (4), 1681-1717 View citations (23)
    See also Working Paper (2005)
14. International order flows: Explaining equity and exchange rate returns
    Journal of International Money and Finance, 2010, 29, (2), 358-386 View citations (34)

2008

15. Home Bias at the Fund Level
    American Economic Review, 2008, 98, (2), 333-38 View citations (36)
    See also Working Paper (2008)

2006

16. Exchange Rates, Equity Prices, and Capital Flows
    Review of Financial Studies, 2006, 19, (1), 273-317 View citations (174)
    See also Working Paper (2003)
17. The Role of Transaction Costs for Financial Volatility: Evidence from the Paris Bourse
    Journal of the European Economic Association, 2006, 4, (4), 862-890 View citations (76)
    See also Working Paper (2002)

2004

18. Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows, and Exchange Rates?
    American Economic Review, 2004, 94, (2), 126-133 View citations (97)
    See also Working Paper (2004)

2002

19. Real Exchange Rate Volatility and Economic Openness: Theory and Evidence
    Journal of Money, Credit and Banking, 2002, 34, (3), 611-30 View citations (114)
    See also Working Paper (2000)
20. The euro as an international currency: explaining puzzling first evidence from the foreign exchange markets
    Journal of International Money and Finance, 2002, 21, (3), 351-383 View citations (15)

2001

21. Geographic patterns of trading profitability in Xetra
    European Economic Review, 2001, 45, (4-6), 757-769 View citations (17)
22. Location Matters: An Examination of Trading Profits
    Journal of Finance, 2001, 56, (5), 1959-1983 View citations (170)

2000

23. Exchange rate determination: The role of factor price rigidities and nontradeables
    Journal of International Economics, 2000, 50, (2), 421-447 View citations (87)
24. Lawyers, Legislation and Social Welfare
    European Journal of Law and Economics, 2000, 9, (3), 231-254 View citations (1)

1999

25. Comment on ‘Corporate Risk Management for Multinational Corporations: Financial and Operational Hedging Policies’
    Review of Finance, 1999, 2, (2), 247-249 View citations (1)

1998

26. Competitive Entry and Endogenous Risk in the Foreign Exchange Market
    Review of Financial Studies, 1998, 11, (4), 757-87 View citations (46)
27. Privatization under political interference: Evidence from Eastern Germany
    European Economic Review, 1998, 42, (7), 1177-1201 View citations (6)

Chapters

2014

1. Incentive Pay and Bank Risk-taking: Evidence from Austrian, German, and Swiss Banks
   A chapter in NBER International Seminar on Macroeconomics 2014, 2014, pp 123-140 View citations (3)
   See also Journal Article in Journal of International Economics (2015)
   Working Paper (2014)