Publications of the Research Unit Pensions and Sustainable Financial Markets

This book offers the reader a state-of-the-art overview on theory and empirics of business cycle synchronisation, structural reform and economic integration. Focusing on the ongoing integration process in the…

• Economic Outlook for Switzerland: Expectations Less Pessimistic
• Current Economic Situation: Still Declining
• Inflation Expectations: No Change Expected
• Interest Rates: Higher Long-Term Interest Rates Possible
• Stock…

• Economic Expectations for the CEE Region Decline
• Economic Outlook for the CEE Region, Austria, and the Eurozone
• Czech Republic, Poland, and Slovakia: Bullish Stock Market Revision
• Croatia, Hungary, and Romania:…

• Deutliche Verlangsamung beim Rückgang der ZEW-Konjunkturerwartungen
• EZB: Inflationserwartungen trotz Leitzinssenkung rückläufig
• USA: Wirtschaftslage wird skeptischer gesehen
• Japan: Konjunkturelle Erwartungen…

This study is aimed at analysing the market for overdraft facilities with a special focus on the level and development of interest rates and consumer behavior regarding this product. It is a joint study between…

• Economic Outlook for Switzerland: The Situation Stabilizes
• Current Economic Situation: Slight Decline
• Inflation Expectations: Few Expect Higher Inflation
• Interest Rates: No Change is Expected
• Stock Market Outlook:…

In this paper, we develop an agent-based model of the financial market. Agent-based modeling is a simulation-based technique that is gaining popularity in economics. In an agent-based model autonomously acting…