Publications of the Research Unit Pensions and Sustainable Financial Markets

  1. Refereed Journal // 2015

    The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks

    We show that eurozone bank risks during 2007-2013 can be understood as carry trade behavior. Bank equity returns load positively on peripheral (Greece, Italy, Ireland, Portugal, Spain, or GIIPS) bond returns and…

  2. Financial Market Report Switzerland // 2015

    December 2015

    • Economic Outlook: Expectations for Switzerland Back to Zero
    • International Financial Market Data - Assessments and Expectations
    • Inflation Expectations Remain in Positive Territory
    • No Change Expected for Short-Term…
  3. ZEW-PwC-China Economic Barometer // 2015

    Fourth Quarter 2015

    • Rising Concern Over China's Economic Growth
    • Higher Public Spending and Lower Interest Rates to Stimulate Economic Growth
    • Great Uncertainty About the Further Development of the German Automotive and Automotive…
  4. Financial Market Report CEE // 2015

    September 2015

    • Fluctuations in Economic Expectations for the CEE Region
    • Czech Republic, Poland, and Slovakia: Stable Current Situation
    • Croatia, Hungary, and Romania: Economic Sentiments Deteriorate
    • Economic Expectations…
  5. Refereed Journal // 2015

    Financial Sector and Output Dynamics in the Euro Area: Non-linearities Reconsidered

    The financial and economic crisis has stressed the need for a better understanding of destabilizing effects, in particular arising from the financial sector, and how these may spill over to economic activity. In…

Further Publications

ZEW Financial Market Survey

German Real Estate Finance Index (DIFI Report)