Publications of the Research Unit Pensions and Sustainable Financial Markets

Final Report for Deutsche Bank AG, Frankfurt/Main

The aim of this study is to assess the contributions of investment banking to the economy with a particular focus on the German economy. To this end we analyse…

• Economic Expectations Brighten Up for All Countries in Central and Eastern Europe
• Economic Outlook for the CEE Region, Austria and the Eurozone
• Czech Republic, Poland, and Slovakia: Bullish Stock Markets
• Croatia,…

• Economic Outlook for Switzerland: Expectations Improved, but Pessimism Remains
• Current Economic Situation: Indicator Improved Slightly
• Inflation Expectations: Stability Expected
• Short-Term Interest Rates Expected…

• Economic Sentiments Slightly Decrease – Current Situation Dives into Negative Territory
• Economic Outlook for the CEE Region, Austria, and the Eurozone
• Czech Republic, Poland, and Slovakia: Current Situation…

Many modern macroeconomic models either adopt a representative agent setup or introduce heterogeneity among individuals that leads only to trade in assets, while excluding the possibility that agents gain from…