Publications of the Research Unit Pensions and Sustainable Financial Markets

  1. Refereed Journal // 2020

    A zero-risk weight channel of sovereign risk spillovers

    European banks are exposed to a substantial amount of risky sovereign debt. “Missing capital” in the banking system resulting from the zero-risk weight exemption for European sovereign debt amplifies the…

  2. German Real Estate Finance Index (DIFI Report) // 2020

    Third Quarter 2020

    • Expectations at Pre-Crisis Level
    • Expectations for Offices and Hotels Are Recovering
    • The Refinancing Markets Are Also Recovering
    • Reduced Mobility Affects New Business Across Real Estate Segments
  3. China Economic Panel (CEP) // 2020

    September 2020

    • Outlook for Chinese Economy Improves Significantly: CEP indicator rises to 44.4 points
    • 27 analysts participated in the September survey, which was conducted during the period 7 till 16 September 2020
  4. ZEW-Finanzmarktreport // 2020

    Oktober 2020

    • Konjunkturausblick verbessert sich erneut
    • Eurozone: Konjunkturerwartungen und Lageeinschätzung verbessern sich
    • USA: Lage und Ausblick verbessern sich
    • Japan: Lage- und Erwartungsindikator steigt an
    • Großbrit…
  5. China Economic Panel (CEP) // 2020

    August 2020

    • Expectations for Chinese Economy Decline Slightly: CEP indicator declines to 26.1 points
    • 24 analysts participated in the August survey, which was conducted during the period 3 till 12 August 2020
  6. ZEW-Finanzmarktreport // 2020

    September 2020

    • Konjunkturerwartungen steigen erneut deutlich, Lage bleibt schlecht
    • Eurozone: Anstieg der Konjunkturerwartungen
    • USA: Leichte Verschlechterung der Lageeinschätzung
    • Japan: Konjunkturausblick bleibt…
  7. China Economic Panel (CEP) // 2020

    July 2020

    • Outlook Remains Cautious: CEP Indicator Rises to a New Reading of 31.7 Points
    • 20 analysts participated in the July survey, which was conducted during the period 7 till 13 July 2020
  8. ZEW-Finanzmarktreport // 2020

    August 2020

    • Ausblick bleibt unverändert verhalten positiv
    • Eurozone: Seitwärtsbewegung der Konjunkturindikatoren
    • USA: Expertinnen und Experten wieder pessimistischer
    • Japan: Konjunkturerwartungen leicht nach oben…
  9. German Real Estate Finance Index (DIFI Report) // 2020

    Second Quarter 2020

    • The Corona Crisis Hits the Industry with Full Force
    • Only the Logistics Sector Could Benefit
    • Renewed Downward Trend in the Refinancing Markets
    • Pressure on Margins Appears to Have Eased

Further Publications

ZEW Financial Market Survey

German Real Estate Finance Index (DIFI Report)