Working Papers

N° 21-01: Nudging against panic selling: Making use of the IKEA effect [Journal of Behavioral and Experimental Finance (2021)]Amin Zokaei Ashtiani
Marc Oliver Rieger
David Stutz
N° 20-08: The Financial Accelerator in the Euro Area: New Evidence Using a Mixture VAR Model

Hamza Bennani
Jan Pablo Burgard
Matthias Neuenkirch

N° 20-07: Universal Time Preference [PLOS ONE (2021)]Marc Oliver Rieger,
Mei Wang,
Thorsten Hens
N° 20-06: Likelihood-Based Dynamic Asset Pricing: Learning Time-Varying Risk Premia from Cross-Sectional ModelsDennis Umlandt
N° 20-05: Continuous-Time Mean Field Games with Finite State Space and Common Noise [to appear in Applied Mathematics and Optimization (2021+)]

Christoph Belak,
Daniel Hoffmann,
Frank T. Seifried

N° 20-04: Branching Diffusions with Jumps and Valuation with Systemic Counterparties [to appear in Journal of Computational Finance (2021+)]Christoph Belak,
Daniel Hoffmann,
Frank T. Seifried
N° 20-03: Predictability of Bull and Bear Markets: A New Look at Forecasting Stock Market Regimes (and Returns) in the USFelix Haase,
Matthias Neuenkirch
N° 20-02:Pre-Decisional Information Acquisition: Do We Pay Too Much for Information? [Journal of Economic Psychology (2021)]Marc Oliver Rieger,
Mei Wang,
Daniel Hausmann
N° 20-01: Sign Matters: Stock Movement Based Trading Decisions of Private InvestorsStefan Muhl,
Marc Oliver Rieger,
Hung Ling Chen
N° 19-08:Foreign Exchange Dealer Asset Pricing [ to appear in Journal of International Economics (2021+) as Currency Returns and FX Dealer Balance Sheets]Stefan Reitz,
Dennis Umlandt
N° 19-07: Portfolio Optimization with Optimal Expected Utility Risk Measures [to appear in Annals of Operations Research (2021+)]H. Fink
S. Geissel
J. Herbinger
F. T. Seifried
N° 19-06: Optimal Investment for Retail Investors with Floored and Capped Costs [to appear in Mathematical Finance (2021+) as Optimal Investment for Retail Investors]Christoph Belak
Lukas Mich
Frank T. Seifried
N° 19-05: Financial Stability and the Fed: Evidence from Congressional Hearings [Economic Inquiry (2021)]Arina Wischnewsky
David-Jan Jansen
Matthias Neuenkirch
N° 19-04: Capital Structure Decisions, Loss Aversion, and Equity PremiumWolfgang Breuer
Ji Cao
Marc Oliver Rieger
K. Can Soypak
N° 19-03: A Cautionary Note on Niu and Zeng (2018)Ji Cao
Marc Oliver Rieger
N° 19-02: Safety First, Loss Probability, and the Cross Section of Expected Stock ReturnsJi Cao
Marc Oliver Rieger
Lei Zhao
N° 19-01: Systemic Impact of the Risk Based Fund Classification and Implications for Fund ManagementMartin Ewen
Marc Oliver Rieger