Publications of the Research Unit Pensions and Sustainable Financial Markets

Member countries of a currency union like the euro area have absorbed asymmetric shocks in ways that are inconsistent with a common nominal anchor. Based on a reformulation of the gravity model that allows for…

• Major Improvement of Economic Expectations for the CEE Region
• Economic Outlook for the CEE Region, Austria, and the Eurozone
• Czech Republic, Poland, and Slovakia: Further Increase of Economic Sentiments
• Croatia,…

• Economic Outlook for Switzerland: Expectations Improved Solidly, but Remain at Depressed Levels
• Current Economic Situation: Indicator Remains Unchanged
• Inflation Expectations: Stability Expected
• Short-Term Interest…

• Economic Outlook for Switzerland: Expectations Improved Further and Are Now Balanced
• Current Economic Situation: Slightly Better Indicator
• Inflation Expectations: Risks on the Upside
• Short-Term Interest Rates:…

There is a substantial body of literature on the extent to which firms that receive venture capital financing generate more innovation than non-venture-backed companies. Most studies find that, on average,…

This study gives an overview of the situation of the venture capital industry in the EU, its perspectives for and barriers to further development. In addition, suggestions for policy initiatives that may help to…