Publications of the Research Unit Pensions and Sustainable Financial Markets

  1. ZEW Discussion Paper No. 20-080 // 2020

    Risk Attitude and Capital Market Participation: Is There a Gender Investment Gap in Germany?

    Do women invest differently than men? We contribute to the answer of this question by analysing the Panel on Household Finances (PHF) of the German Bundesbank. This representative panel collects a wide variety…

  2. ZEW Discussion Paper No. 20-077 // 2020

    Deposit Insurance, Bank Ownership and Depositor Behavior

    We employ proprietary data from a large bank to analyze how – in times of crisis – depositors react to a bank nationalization, re-privatization and an accompanying increase in deposit insurance. Nationalization…

  3. China Economic Panel (CEP) // 2020

    December 2020

    • Outlook for China Remains Very Positive: CEP Indicator Currently Stands at 31.3 Points
    • 16 analysts participated in the December survey, which was conducted during the period 1 till 9 Dezember 2020
  4. German Real Estate Finance Index (DIFI Report) // 2020

    Fourth Quarter 2020

    • Upward Trend in Financing Situation Continues
    • Logistics and Residential Sectors Benefiting from the Current Environment
    • No Sustainable Improvement in Sight for Refinancing Conditions
    • Negative Outlook in…
  5. China Economic Panel (CEP) // 2020

    November 2020

    • Growth Forecast for China Reaches Record High: CEP Indicator Currently Stands at 55.0 Points
    • 20 analysts participated in the November survey, which was conducted during the period 3 till 11 November 2020
  6. ZEW-Finanzmarktreport // 2020

    Dezember 2020

    • Corona-Sorgen belasten
    • Eurozone: Starker Rückgang der Konjunkturerwartungen
    • USA: Erwartungen erneut pessimistischer
    • Japan: Konjunkturerwartungen erneut verschlechtert
    • Großbritannien: Pessimistische…
  7. China Economic Panel (CEP) // 2020

    October 2020

    • Outlook for Chinese Economy Remains Very Positive: CEP Indicator Rises to 50.0 Points
    • 26 analysts participated in the October survey, which was conducted during the period 6 till 14 October 2020

  8. ZEW-Finanzmarktreport // 2020

    November 2020

    • Die Euphorie ist vorbei
    • Eurozone: Leichte Verbesserung der Wirtschaftslage
    • USA: Erwartungen gehen deutlich zurück
    • Japan: Konjunkturausblick verschlechtert sich
    • Großbritannien: Konjunkturerwartungen…
  9. Refereed Journal // 2020

    A zero-risk weight channel of sovereign risk spillovers

    European banks are exposed to a substantial amount of risky sovereign debt. “Missing capital” in the banking system resulting from the zero-risk weight exemption for European sovereign debt amplifies the…

Further Publications

ZEW Financial Market Survey

German Real Estate Finance Index (DIFI Report)