Publications of the Research Unit Pensions and Sustainable Financial Markets

  1. Discussion and Working Paper // 2013

    Labour market performance in OECD countries: A comprehensive empirical modelling approach of institutional interdependencies

    Reducing institutional rigidities in product and labour markets is key to lowering unemployment. The impact of such labour and product market reforms, however, depends crucially on the country-specific…

  2. ZEW-Finanzmarktreport // 2013

    Juli 2013

    • ZEW-Konjunkturerwartungen leicht verbessert
    • EZB: Leichter Anstieg der Inflation erwartet
    • USA: Finanzmarktexperten sind zunehmend optimistisch
    • Japan: Experten sehen konjunkturelle Lage verbessert
    • Großbritannien:…
  3. Financial Market Report Switzerland // 2013

    July 2013

    • Expectations Broadly Unchanged
    • Slightly Higher Inflation Expectations
    • Rising Expectations of a Weaker Swiss Franc
    • Special Question: Long-Term Forecasts
  4. Financial Market Report CEE // 2013

    June 2013

    • Positive Economic Sentiments for the CEE Region
    • Economic Outlook for the CEE Region, Austria and the Eurozone
    • Czech Republic, Poland, and Slovakia: Optimistic Economic Outlook
    • Croatia, Hungary and Romania: Economic…
  5. ZEW-Wachstums- und Konjunkturanalysen // 2013

    Nr. 2 (Juni) - 2013

    • Langsame Belebung der Wirtschaftsdynamik in Deutschland zu Jahresbeginn
    • Die voraussichtliche Lage in der EWU
    • Ergebnisse der Maiumfrage 2013
    • Aufwärtstrend in der Informationswirtschaft
    • Institutionelle Regeln und…
  6. ZEW Discussion Paper No. 13-027 // 2013

    Knowing What Not to Do: Financial Literacy and Consumer Credit Choices

    Households do not follow the finance industry's model of a homo oeconomicus - a rational planner. To the contrary, their financial decisions are influenced by character traits (e.g. self-control), (a lack of)…

  7. ZEW Discussion Paper No. 13-026 // 2013

    GDP Mimicking Portfolios and the Cross-Section of Stock Returns

    This paper studies popular macroeconomic factors based on the gross domestic product (GDP) in a unified framework. Based on theoretical reasons, aggregate GDP as a measure of fundamental risk is an obvious risk…

  8. ZEW-Finanzmarktreport // 2013

    Juni 2013

    • ZEW-Index verharrt auf Vormonatsniveau
    • EZB: Keine höhere Inflationsrate erwartet
    • USA: Konjunkturerwartungen verbessern sich leicht
    • Japan: Weiterer Anstieg der Konjunkturerwartungen
    • Großbritannien:…
  9. Financial Market Report Switzerland // 2013

    June 2013

    • Trend Reversal in Credit Suisse ZEW Indicator?
    • Further Eurozone Rate Cuts on the Radar Screen
    • Higher Gold Price Expected
    • Consistency on the Stock Market
    • Special Question: Asset Valuations

Further Publications

ZEW Financial Market Survey

German Real Estate Finance Index (DIFI Report)