Publications of the Research Unit Pensions and Sustainable Financial Markets

In 2005, the President of the Bank of Italy blocked the cross-border acquisition of two Italian banks for "prudential reasons and formal errors". Following these events, the EU Commission brought actions…

In this paper we employ a time series econometric framework to explore the structural determinants of the spread between the euro overnight rate and the ECB's policy rate (EONIA spread) aiming to explain the…

• Current Economic Situation and Expectations Worsen in November
• Eurozone: Inflationary and Economic Risks
• United States: Further Interest-Rate Cuts Expected
• Japan: Experts Anticipate Rising Inflation
• Great Britain:…

• Konjunkturaussichten Deutschland: Die Risiken haben zugenommen
• Die voraussichtliche Lage in der EWU
• Ergebnisse der Novemberumfrage 2007
• Stimmung und Erwartungen der Dienstleister trüben sich ein
• Institutionelle…

• Pessimistic Economic Expectations for the CEE Region Prevail
• Czech Republic, Poland, and Slovakia: Less Dynamic Economic Development Starting From a High Level
• Croatia, Hungary, and Romania: Situation and…

The focus of this paper is the evaluation of a very popular method for potential output estimation and medium-term forecasting— the production function approach—in terms of predictive performance. For this…

This study provides empirical evidence verifying the theory of price discovery for Eastern European enterprises based on their cross-listing on Western European exchanges. Despite the fact that the crosslisting…

• ZEW-Konjunkturerwartungen: Kreditkrise weitet sich aus
• EZB: Inflations- und Konjunkturrisiken
• USA: Konjunktursorgen nehmen wieder zu
• Japan: Anstieg der Inflationsrate erwartet
• Großbritannien: Abnehmender…

• Economic Outlook Clearly Less Pessimistic
• Eurozone: Uncertainty Looms Surrounding the ECB's Course of Action
• USA: The Economic Outlook Has Brightened up, but Survey Participants Still Expect a Slowdown
• Japan:…