SAFE Working Paper Series

From Leibniz Institute for Financial Research SAFE
Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

53: Consumption and wage humps in a life-cycle model with education

Holger Kraft, Claus Munk, Frank Thomas Seifried and Mogens Steffensen

52: Optimal consumption and investment with Epstein-Zin recursive utility

Holger Kraft, Thomas Seiferling and Frank Thomas Seifried

51: Mutual excitation in eurozone sovereign CDS

Yacine Ait-Sahalia, Roger Laeven and Loriana Pelizzon

50: Exit strategies

Ignazio Angeloni, Ester Faia and Roland Winkler

49: An experiment on retail payments systems

Gabriele Camera, Marco Casari and Stefania Bortolotti

48: Systemic risk in an interconnected banking system with endogenous asset markets

Marcel Bluhm and Jan Krahnen

47: Pricing in retail financial markets and the fallacies of consumer education

Michael Kosfeld and Ulrich Schüwer

46: Monetary policy implementation in an interbank network: Effects on systemic risk

Marcel Bluhm, Ester Faia and Jan Krahnen

45: Liquidity coinsurance and bank capital

Fabio Castiglionesi, Fabio Feriozzi, Gyöngyi Lóránth and Loriana Pelizzon

44: Critical illness insurance in life cycle portfolio problems

Lorenz S. Schendel

43: Consumption-investment problems with stochastic mortality risk

Lorenz S. Schendel

42: Did consumers want less debt? Consumer credit demand versus supply in the wake of the 2008-2009 financial crisis

Reint Gropp, John Krainer and Elizabeth Laderman

41: Asset prices in general equilibrium with recursive utility and illiquidity induced by transactions costs

Adrian Buss, Raman Uppal and Grigory Vilkov

40: Life insurance demand under health shock risk

Holger Kraft, Lorenz S. Schendel and Mogens Steffensen

39: Banks' financial distress, lending supply and consumption expenditure

Evren Damar, Reint Gropp and Adi Mordel

38: How do insured deposits affect bank risk? Evidence from the 2008 Emergency Economic Stabilization Act

Claudia Lambert, Felix Noth and Ulrich Schüwer

37: Systemic risk and sovereign debt in the Euro area

Deyan Radev

36: Bank rescues and bailout expectations: The erosion of market discipline during the financial crisis

Florian Hett and Alexander Schmidt

35: Competition between equity markets: A review of the consolidation versus fragmentation debate

Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber and Christian Westheide

34: Asset pricing under uncertainty about shock propagation

Nicole Branger, Patrick Grüning, Holger Kraft and Christoph Meinerding

33: Two monetary models with alternating markets

Gabriele Camera and YiLi Chien

32: Game-theoretic foundations of monetary equilibrium

Gabriele Camera and Alessandro Gioffré

31: Trust me! I am a European Central Banker

Dirk Bursian and Sven Fürth

30: Optimal policy and taylor rule cross-checking under parameter uncertainty

Dirk Bursian and Markus Roth

29: Input-output-based measures of systemic importance

Iñaki Aldasoro and Ignazio Angeloni

28: Partial information about contagion risk, self-exciting processes and portfolio optimization

Nicole Branger, Holger Kraft and Christoph Meinerding

27 [rev.]: The single supervisory mechanism - Panacea of quack banking regulation? Preliminary assessment of the evolving regime for the prudential supervision of banks with ECB involvement

Tobias Tröger

27: The single supervisory mechanism - Panacea of quack banking regulation? Preliminary assessment of the evolving regime for the prudential supervision of banks with ECB involvement

Tobias Tröger

26: Financing asset growth

Michael Brennan and Holger Kraft

25: Systemic risk in the financial sector: What can se learn from option markets?

Holger Kraft and Alexander Schmidt

24: Performance benefits of tight control

Andrej Gill and Nikolai Visnjic

23: Insight private equity

Andrej Gill and Nikolai Visnjic

22: Trust in government and fiscal adjustments

Dirk Bursian, Alfons Weichenrieder and Jochen Zimmer

21: Who invests in home equity to exempt wealth from bankruptcy?

Stefano Corradin, Reint Gropp, Harry Huizinga and Luc Laeven

20: Spillover effects among financial institutions: A state-dependent sensitivity value-at-risk approach

Zeno Adams, Roland Füss and Reint Gropp

19: Hidden gems and borrowers with dirty little secrets: Investment in soft information, borrower self-selection and competition

Reint Gropp, Christian Gruendl and Andre Guettler

18: Euro membership and fiscal reaction functions

Alfons Weichenrieder and Jochen Zimmer

17: Stochastic differential utility as the continuous-time limit of recursive utility

Holger Kraft and Frank Thomas Seifried

16: When do jumps matter for portfolio optimization?

Marius Ascheberg, Nicole Branger and Holger Kraft

15: Consumption habits and humps

Holger Kraft, Claus Munk, Frank Thomas Seifried and Sebastian Wagner

14: Trust in the monetary authority

Dirk Bursian and Ester Faia

13: Twin picks: Disentangling the determinants of risk-taking in household portfolios

Laurent Calvet and Paolo Sodini

12: Endogenous banks' networks, cascades and systemic risk

Marcel Bluhm, Ester Faia and Jan Krahnen

11: The dynamics of crises and the equity premium

Nicole Branger, Holger Kraft and Christoph Meinerding

10: Interbank network and bank bailouts: Insurance mechanism for non-insured creditors?

Tim Eisert and Christian Eufinger

9 [rev.]: Incentive-based capital requirements

Christian Eufinger and Andrej Gill

9: Basel III and CEO compensation in banks: Pay structures as a regulatory signal

Christian Eufinger and Andrej Gill

8: Monetary policy and risk taking

Ignazio Angeloni, Ester Faia and Marco Lo Duca

7: Bank and sovereign debt risk connection

Matthieu Darracq Paries, Ester Faia and Diego Rodriguez Palenzuela

6: Growth options and firm valuation

Holger Kraft, Eduardo S. Schwartz and Farina Weiss

5: Option-implied information and predictability of extreme returns

Grigory Vilkovz and Yan Xiaox

4: Does mood affect trading behavior?

Markku Kaustia and Elias Rantapuska

3: Does sophistication affect long-term return expectations? Evidence from financial advisers' exam scores

Markku Kaustia, Antti Lehtoranta and Vesa Puttonen

2: Stock ownership and political behavior: Evidence from demutualization

Markku Kaustia, Samuli Knüpfer and Sami Torstila

1: Household debt and social interactions

Dimitris Georgarakos, Michael Haliassos and Giacomo Pasini