Publications of the Research Unit Pensions and Sustainable Financial Markets

This paper analyzes long-run co-movements between 14 international real estate stock markets and between three economic and geographic regions based on bivariate and multivariate tests for cointegration. While…

The empirical literature documents a substantial and rising amount of labor income risk, in particular, employment risk. In most countries, the government provides insurance against this type of risk through the…

This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate governance mechanisms in the EU banking sector against the background of the existing corporate governance regulations…

• Economic Expectations Continue to Diminish
• Eurozone: Inflation Expectations Surge Strongly
• USA: Current Economic Situation Much More Pessimistic
• Japan: Stock Market Outlook Somewhat Gloomier Again
• Great Britain:…

Transparency of private "Riester" and "basic" pension products

An obvious problem for the comparison of private pension products is the long investment horizon which usually extends over several decades. Return…

• Wenig Aufwärtspotenzial bis Jahresende
• EZB: Leitzinserhöhung unwahrscheinlich
• USA: Konjunkturerwartungen trüben sich ein
• Japan: Zweifel an Konjunkturerholung wachsen
• Großbritannien: Wirtschaftliche Entwicklung…