Publications of the Research Unit Pensions and Sustainable Financial Markets

• Positive Grundstimmung unter den Finanzmarktexperten hält weiter an
• EZB: Zinserwartungen leicht gestiegen
• USA: Konjunkturelle Lage stark verbessert
• Japan: Lageindikator wieder im positiven Bereich
• Großbritannien:…

China’s pension system is facing a large gap of more than one trillion RMB. The investment efficiency of the social security fund therefore receives widespread attention in academic circles. We collected data of…

• Positive Outlook Dampened Only by Stock Markets
• Analysts Anticipate Positive Inflation
• Longer-Term Interest Rates Seen Edging Higher
• EUR/CHF Expected to Remain Stable
• Anticipation of Tapering Weighing on Stock…

• Konjunkturoptimismus setzt sich fort
• EZB: Konstantes Zinsniveau erwartet
• USA: Konjunkturerwartungen stark verbessert
• Japan: Konjunkturlage etwas verbessert
• Großbritannien: Konjunkturelle Lage erneut freundlicher
• Sond…

We offer a theoretical explanation and empirical evidence for a positive link between increased offshoring and individual skill upgrading. Skill upgrading takes the form of on-thejob training, complementing the…

In recent years non-linearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains…

We find an asymmetric pass-through of European emission allowance (EUA) prices to wholesale electricity prices in Germany and show that this asymmetry disappeared in response to a report on investigations by the…