Publikationen des Forschungsbereichs Altersvorsorge und nachhaltige Finanzmärkte

  1. ZEW Discussion Paper Nr. 04-28 // 2004

    Auswirkungen von Erbschaften und Schenkungen auf die Vermögensbildung privater Personen und Haushalte

    Die Untersuchung analysiert das Sparverhalten der über 30- bis unter 50jährigen Personen bzw. Haushalte mit Haushaltsvorständen in dieser Altersgruppe in Reaktion auf erhaltene Erbschaften bzw. Transfers zu…

  2. Referierte Fachzeitschrift // 2004

    The Performance of Socially Responsible Investments: Investment Funds and Indices

    The aim of this study is the analysis of the performance of so called socially responsible investments (SRI). The performance of SRI equity investment funds and equity indices is investigated using Jensen´s…

  3. ZEW Discussion Paper Nr. 04-19 // 2004

    Modeling Asset Returns: A Comparison of Theoretical and Empirical Models

    This paper presents and compares several time-series models for returns of broadbased stock indices. These models nest a nonlinear asymmetric GARCH(NGARCH) model as a special case. Some of these models are…

  4. ZEW Discussion Paper Nr. 04-16 // 2004

    Who Are the True Venture Capitalists in Germany?

    In this paper, we analyze the investment and divestment patterns of different types of venture capitalists. Using a data set embracing all venture-backed IPOs that occurred on Germany's Neuer Markt we…

  5. ZEW Discussion Paper Nr. 04-03 // 2004

    German Exchange Rate Exposure at DAX and Aggregate Level, International Trade, and the Role of Exchange Rate Adjustment Costs

    Non-technical Summary This study analyses the dollar exposure of large German companies, i.e. value change of companies associated with changes of the price of the US dollar, and the determinants of this…

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