Leibniz Institute for Financial Research SAFE
Research Infrastructure for Financial Data
    • English
    • Deutsch
  • English 
    • English
    • Deutsch
  • Login
Search 
  •   FiF Home
  • Research Data Center
  • Working Papers
  • Search
  •   FiF Home
  • Research Data Center
  • Working Papers
  • Search
JavaScript is disabled for your browser. Some features of this site may not work without it.
HoF Logo

Search

Show Advanced FiltersHide Advanced Filters

Filters

Use filters to refine the search results.

Now showing items 1-10 of 332

  • Sort Options:
  • Relevance
  • Title Asc
  • Title Desc
  • Issue Date Asc
  • Issue Date Desc
  • Results Per Page:
  • 5
  • 10
  • 20
  • 40
  • 60
  • 80
  • 100
Thumbnail

Does sophistication affect long-term return expectations? Evidence from financial advisers' exam scores 

Kaustia, Markku; Lehtoranta, Antti; Puttonen, Vesa (2013-01-22)
We use unique data fromfinancial advisers’ professional exam scores and combine it with other variables to create an index of financial sophistication. Using this index to explain long-term stock return expectations, we ...
Thumbnail

Stock Ownership and Political Behavior: Evidence from Demutualizations 

Kaustia, Markku; Knüpfer, Samuli; Torstila, Sami (2013-12-12)
A setting in which customer-owned mutual companies converted to publicly listed firms created a plausibly exogenous shock to salience of stock ownership. We use this shock to identify the effect of stock ownership on ...
Thumbnail

Household Debt and Social Interactions 

Georgarakos, Dimitris; Haliassos, Michalis; Pasini, Giacomo (2013-12-06)
Can concern with relative standing, which has been shown to influence consumption and labor supply, also increase borrowing and the likelihood of financial distress? We find that perceived peer income contributes to debt ...
Thumbnail

Does Mood Affect Trading Behavior? 

Kaustia, Markku; Rantapuska, Elias (2012-11-09)
We test whether investor mood affects trading with data on all stock market transactions in Finland, utilizing variation in daylight and local weather. We find some evidence that environmental mood variables (local weather, ...
Thumbnail

Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios 

Calvet, Laurent E.; Sodini, Paolo (2013-03-21)
This paper investigates risk-taking in the liquid portfolios held by a large panel of Swedish twins. We document that the portfolio share invested In risky assets is an increasing and concave function of financial wealth, ...
Thumbnail

Growth Options and Firm Valuation 

Kraft, Holger; Schwartz, Eduardo S.; Weiss, Farina (2013-11-01)
"This paper studies the relation between firm value and a firm's growth options. We find strong empirical evidence that (average) Tobin's Q increases with firm-level volatility. The significance mainly comes from R&D firms, ...
Thumbnail

Option-Implied Information and Predictability of Extreme Returns 

Vilkovz, Grigory; Xiaox, Yan (2013-01-28)
We study whether prices of traded options contain information about future extreme market events. Our option-implied conditional expectation of market loss due to tail events, or tail loss measure, predicts future market ...
Thumbnail

Interbank Networks and Backdoor Bailouts: Benefiting from other Banks' Government Guarantees 

Eisert, Tim; Eufinger, Christian (2018-05-02)
This paper explains why banks derive a benefit from being highly interconnected. We show that when banks are protected by government guarantees they can significantly increase their expected returns by channeling funds ...
Thumbnail

The Dynamics of Crises and the Equity Premium 

Branger, Nicole; Kraft, Holger; Meinerding, Christoph (2015-05-18)
It is a major challenge for asset pricing models to generate a high equity premium and a low risk-free rate while imposing realistic consumption dynamics. To address this issue, our paper proposes a novel pricing channel: ...
Thumbnail

Incentive-Based Capital Requirements 

Eufinger, Christian; Gill, Andrej (2018-05-02)
This paper proposes a new regulatory approach that implements capital requirements contingent on executive incentive schemes. We argue that excessive risk-taking in the financial sector originates from the shareholder moral ...
  • 1
  • 2
  • 3
  • 4
  • . . .
  • 34
© 2021  SAFE  hebis Logo
Leibniz Gemeinschaft
About  Data Protection
 

 

Browse

All of FiFCommunities & CollectionsIssue DateAuthorsTitlesResearch AreaJEL ClassificationKeywordsPublication TypesThis CommunityIssue DateAuthorsTitlesResearch AreaJEL ClassificationKeywordsPublication Types

My Account

LoginRegister

Discover

AuthorPelizzon, Loriana (39)Kraft, Holger (17)Ludwig, Alexander (14)... View MoreResearch AreaFinancial Markets (97)Household Finance (68)Macro Finance (67)... View MoreJEL ClassificationG12 (65)G21 (58)G11 (49)... View MoreTopicSaving and Borrowing (136)Monetary Policy (115)Corporate Governance (108)... View MoreKeywordliquidity (17)systemic risk (14)asset pricing (10)... View MoreDate Issued2018 (59)2015 (46)2016 (44)Has File(s)
Yes (332)
© 2021  SAFE  hebis Logo
Leibniz Gemeinschaft
About  Data Protection