Publications of the Research Unit Pensions and Sustainable Financial Markets

• Analysts Expect Rising Share Prices and a Sluggish Economy
• International Financial Market Data — Assessments and Expectations
• Stock-Market Expectations Rise Significantly
• Analysts Tend to Expect the Franc to…

This paper studies the maturity structure of sovereign debt in the euro area and the penetration of the sovereign debt stock with a new type of collective action clauses (CACs), labeled Creditor Participation…

Prices and returns are alternative ways to present financial market information and to elicit financial market expectations. But do investors make sense of prices and returns in the same way? Also, do they state…

• Improved Economic Outlook: Turnaround in Sight?
• Government Demand still Crucial, Domestic Demand Up
• Mobile Payment Systems: China well ahead - Huge Scepticism (still) in Germany

• Konjunkturerwartungen nehmen moderat zu
• Eurozone: Inflationserwartungen nehmen deutlich zu
• USA: Konjunkturerwartungen nahezu unverändert
• Japan: Konjunkturerwartungen verschlechtern sich leicht
• Großbritannien:…

• International financial market data — assessments and expectations
• Higher long-term interest rates anticipated
• Analysts count on stable CHF
• Majority expects higher inflation rates
• Cautious assessment of the stock…

• Konjunkturerwartungen bleiben unverändert
• Eurozone: Inflationserwartungen nahezu unverändert
• USA: Moderates Wachstum
• Japan: Konjunkturlage verbessert sich leicht
• Großbritannien: Konjunkturerwartungen legen deutlich…