Publikationen des Forschungsbereichs Altersvorsorge und nachhaltige Finanzmärkte

  1. Discussion und Working Paper // 2018

    Loan Syndication Structures and Price Collusion

    'How does the organizational form of loan syndicates evolve and what are the effects on price collusion? We develop a novel measure of distance in lending expertise among syndicate lenders, and relate this novel…

  2. ZEW Discussion Paper // 2018

    Gap-Filling Government Debt Maturity Choice

    Do governments strategically choose debt maturity to fill supply gaps across maturities? Building on a new panel data set of more than 9,000 individual Eurozone government debt issues between 1999 and 2015, I…

  3. Referierte Fachzeitschrift // 2018

    Syndication, Interconnectedness, and Systemic Risk

    Syndication increases the overlap of bank loan portfolios and makes them more vulnerable to contagious effects. We develop a novel measure of bank interconnectedness using syndicated corporate loan portfolios,…

  4. Referierte Fachzeitschrift // 2018

    Ist eine makroprudenzielle Regulierung des deutschen Hypothekenmarktes geboten?

    Die Bundesregierung hat neue Instrumente der makroprudenziellen Regulierung für den deutschen Hypothekenmarkt geschaffen. Dieser Aufsatz untersucht die Notwendigkeit der Anwendung dieser Instrumente vor dem…