Publications

Our researchers make regular contributions to leading academic journals and also serve on the editorial boards of prominent publications. The House of Finance thus enriches national and international research dialog on current issues in finance, economics and law. Our institutes maintain the following working paper series:

  • CFS Working Paper Series (finance-related topics) 
  • EFL Articles (e-finance) 
  • ICIR Working Paper Series (insurance regulation) 
  • IMFS Working Paper Series (monetary and financial stability) 
  • ILF Working Paper Series (law and finance) 
  • LawFin Working Paper Series (financial regulation) 
  • SAFE Working Paper Series (finance-related topics)

A selection of our working papers can be found below.

04/17/24 | SAFE: Working Paper

This paper studies whether Eurosystem collateral eligibility played a role in the…

This paper studies whether Eurosystem collateral eligibility played a role in the portfolio choices of euro area asset managers during the “dash-for-cash” episode of 2020. We find that asset…

04/12/24 | CFS: Working Paper

The economic rise of China has changed the global economy. The authors explore China’s…

The economic rise of China has changed the global economy. The authors explore China’s transformation from a low-cost manufacturing hub to an increasingly innovation- and service-driven…

03/26/24 | CFS: Working Paper

We assess how sustainable finance literacy affects people’s sustainable investment…

We assess how sustainable finance literacy affects people’s sustainable investment behavior, using a pre-registered experiment. We find that an increase in sustainable finance literacy leads…

03/18/24 | SAFE: Working Paper

What are the aggregate and distributional consequences of the relationship be-tween an…

What are the aggregate and distributional consequences of the relationship be-tween an individual’s social network and financial decisions? Motivated by several well-documented facts about…

03/01/24 | SAFE: Working Paper

In this study, we unpack the ESG ratings of four prominent agencies in Europe and find…

In this study, we unpack the ESG ratings of four prominent agencies in Europe and find that (i) each single E, S, G pillar explains the overall ESG score differently,(ii) there is a low…

03/01/24 | IMFS: Working Paper

The Federal Reserve has been publishing federal funds rate prescriptions from Taylor rules…

The Federal Reserve has been publishing federal funds rate prescriptions from Taylor rules in its Monetary Policy Report since 2017. The signals from the rules aligned with Fed action on…

02/29/24 | SAFE: Working Paper

We document the individual willingness to act against climate change and study the role of…

We document the individual willingness to act against climate change and study the role of social norms in a large sample of US adults. Individual beliefs about social norms positively…

02/23/24 | CFS: Working Paper

This research focuses on the cost of financing green projects on the primary bond market…

This research focuses on the cost of financing green projects on the primary bond market and tests for a potential price differential between green bonds issued by government entities and…

02/16/24 | efl: Publication

Does political conflict with another country influence domestic consumers' daily…

Does political conflict with another country influence domestic consumers' daily consumption choices? We exploit the volatile US-China relations in 2018 and 2019 to analyze whether US…

02/01/24 | SAFE: Policy Paper

In its first ten years (2014-2023), the banking union was successful in its prudential…

In its first ten years (2014-2023), the banking union was successful in its prudential agenda but failed spectacularly in its underlying objective: establishing a single banking market in…

02/01/24 | IMFS: Working Paper

Despite a number of helpful changes, including the adoption of an inflation target, the…

Despite a number of helpful changes, including the adoption of an inflation target, the Fed’s monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased…

02/01/24 | IMFS: Working Paper

Das Eurosystem und die Deutsche Bundesbank werden im Jahr 2023 und wahrscheinlich auch in…

Das Eurosystem und die Deutsche Bundesbank werden im Jahr 2023 und wahrscheinlich auch in den kommenden Jahren beträchtliche Verluste einfahren. Durch die massiven Wertpapierkäufe der…