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.
This paper investigates the determinants of inflation target credibility (ITC) using a…
This paper investigates the determinants of inflation target credibility (ITC) using a unique survey we designed to measure the credibility of the ECB’s inflation target. Containing over…
We study how heterogeneous attention to inflation across households affects the…
We study how heterogeneous attention to inflation across households affects the transmission of monetary policy. Using household-level surveys for the US and Australia, we first show that…
Costs of Means of Payment for Consumers: Literature review and some sensitivity analyses
Payment costs for consumers are difficult to determine, are not recorded in an…
Payment costs for consumers are difficult to determine, are not recorded in an internationally harmonized manner and vary significantly from country to country. They are incurred in many…
Venture capital (“VC”) has built a solid reputation for spurring innovation and economic…
Venture capital (“VC”) has built a solid reputation for spurring innovation and economic growth, thus emerging as a crown jewel of the U.S. economy since the 1980s. The development of the…
Policymakers around the globe have sought to stimulate Venture Capital (VC) investments,…
Policymakers around the globe have sought to stimulate Venture Capital (VC) investments, and an extensive literature has inquired into the institutional determinants of a vibrant VC market,…
We provide evidence for a new propagation mechanism of wealth inequality and mobility.…
We provide evidence for a new propagation mechanism of wealth inequality and mobility. Using unique administrative data and a quasifield experiment of exogenous assignment, we find that…
This paper explores how the low-carbon transition affects firms’ credit ratings and…
This paper explores how the low-carbon transition affects firms’ credit ratings and market-implied distance-to-default. We develop a novel dataset covering firms’ greenhouse gas emissions…
We document a novel transmission channel of monetary policy through the homeowners…
We document a novel transmission channel of monetary policy through the homeowners insurance market. On average, contractionary monetary policy shocks result in higher homeowners…
The introduction of central bank digital currencies (CBDCs) in general, and of a digital…
The introduction of central bank digital currencies (CBDCs) in general, and of a digital euro in particular, has attracted growing interest from academic research, central banks and…
We study how investors respond to inflation combining a customized survey experiment with…
We study how investors respond to inflation combining a customized survey experiment with trading data at a time of historically high inflation. Investors’ beliefs about the stock…
This study examines the impact of ESG ratings on fund holdings, stock returns, and firm…
This study examines the impact of ESG ratings on fund holdings, stock returns, and firm behavior. First, we show that among five major ESG ratings, only MSCI ESG can explain the holdings of…
A fundamental concern about green investing is that it may crowd out political support for…
A fundamental concern about green investing is that it may crowd out political support for public policy addressing negative externalities. We examine this concern in a preregistered…
