Publications of the Research Unit Pensions and Sustainable Financial Markets

We investigate whether the application of risk weights impairs financial stability. Zero risk weight regulation associated with euro-denominated sovereign debt creates a “sovereign subsidy” for European banks,…

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…

• 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…

• 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…

• 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…