SSRN Research Center SAFE Working Paper Series

1.

The Single Supervisory Mechanism – Panacea or Quack Banking Regulation?

European Business Organization Law Review, Forthcoming, SAFE Working Paper No. 27

Number of pages: 48 Posted: 18 Aug 2013 Last Revised: 11 Nov 2016

Accepted Paper Series

Tobias H. Troeger

Goethe University Frankfurt - Faculty of Law

Downloads 780

2.

Too Interconnected to Fail: A Survey of the Interbank Networks Literature

SAFE Working Paper No. 91

Number of pages: 47 Posted: 13 Mar 2015 Last Revised: 11 Nov 2016

Working Paper Series

Anne-Caroline Hüser

Goethe University Frankfurt

Downloads 745

3.

Does Exchange of Information between Tax Authorities Influence Multinationals’ Use of Tax Havens?

SAFE Working Paper No. 89

Number of pages: 43 Posted: 05 Mar 2015

Working Paper Series

Julia Braun and Alfons J. Weichenrieder

Vienna University of Economics and Business - Department of Economics and Goethe University Frankfurt - Department of Applied Econometrics and International Economic Policy

There are 3 versions of this paper

Downloads 673

4.

Resolution Planning and Structural Bank Reform within the Banking Union

"European Banking Union. Prospects and challenges" (Juan Castaneda, Giannoula Karamichailidou, David Mayes, Geoffrey Wood, eds.), Routledge: 2015, SAFE Working Paper No. 81

Number of pages: 35 Posted: 20 Dec 2014 Last Revised: 11 Nov 2016

Accepted Paper Series

Jens-Hinrich Binder

Eberhard-Karls-University - Faculty of Law

Downloads 560

5.

Financial Regulation in the EU – Cross-Border Capital Flows, Systemic Risk and the European Banking Union as Reference Points for EU Financial Market Integration

The Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds. Eilís Ferran, Niamh Moloney, and Jennifer Payne), Forthcoming, SAFE Working Paper No. 57,

Number of pages: 52 Posted: 28 Jun 2014

Accepted Paper Series

Brigitte Haar

Goethe University Frankfurt - Research Center SAFE

Downloads 495

6.

The Dynamics of Crises and the Equity Premium

SAFE Working Paper No. 11

Number of pages: 48 Posted: 02 Jul 2010 Last Revised: 20 May 2015

Working Paper Series

Nicole Branger, Holger Kraft and Christoph Meinerding

University of Muenster - Finance Center Muenster, Goethe University Frankfurt and Deutsche Bundesbank

Downloads 456

7.

The Effects of Contingent Convertible (CoCo) Bonds on Insurers' Capital Requirements Under Solvency II

SAFE Working Paper No. 98

Number of pages: 37 Posted: 12 Apr 2015

Working Paper Series

Tobias Niedrig and Helmut Gründl

Goethe University Frankfurt, Chair for Insurance and Regulation and Goethe University Frankfurt - Research Center SAFE

Downloads 433

8.

Sovereign Credit Risk, Liquidity, and ECB Intervention: Deus Ex Machina?

SAFE Working Paper No. 95

Number of pages: 66 Posted: 01 Apr 2015

Working Paper Series

Loriana Pelizzon, Marti G. Subrahmanyam, Davide Tomio and Jun Uno

Goethe University Frankfurt - Faculty of Economics and Business Administration, New York University - Stern School of Business, Darden School of Business and Waseda University

Downloads 391

9.

Endogenous Banks' Networks, Cascades and Systemic Risk

SAFE Working Paper No. 12

Number of pages: 76 Posted: 20 Mar 2013 Last Revised: 04 Jul 2014

Working Paper Series

Marcel Bluhm, Ester Faia and Jan Pieter Krahnen

Wang Yanan Institute for Studies in Economics, Goethe University Frankfurt and Faculty of Economics and Business Administration

Downloads 369

10.

Corporate Groups

German and Nordic Perspectives on Corporate and Capital Market Law 157-200 (Holger Fleischer, Jesper Lau Hansen & Wolf Georg Ringe eds., 2015), SAFE Working Paper No. 66

Number of pages: 44 Posted: 23 Sep 2014 Last Revised: 31 May 2016

Accepted Paper Series

Tobias H. Troeger

Goethe University Frankfurt - Faculty of Law

Downloads 361

11.

The Limits of Model-Based Regulation

SAFE Working Paper No. 75

Number of pages: 52 Posted: 13 Nov 2014 Last Revised: 01 Dec 2014

Working Paper Series

Markus Behn, Rainer F. H. Haselmann and Vikrant Vig

European Central Bank (ECB), Goethe University Frankfurt - Research Center SAFE and London Business School

There are 2 versions of this paper

Downloads 358

12.

Option-Implied Information and Predictability of Extreme Returns

SAFE Working Paper No. 5

Number of pages: 40 Posted: 01 Feb 2013

Working Paper Series

Grigory Vilkov and Yan Xiao

Frankfurt School of Finance & Management and Goethe University Frankfurt

There are 2 versions of this paper

Downloads 327

13.

Partial Information about Contagion Risk, Self-Exciting Processes and Portfolio Optimization

SAFE Working Paper No. 28

Number of pages: 42 Posted: 02 Jul 2010 Last Revised: 27 Aug 2013

Working Paper Series

Nicole Branger, Holger Kraft and Christoph Meinerding

University of Muenster - Finance Center Muenster, Goethe University Frankfurt and Deutsche Bundesbank

Downloads 313

14.

Systemic Risk in an Interconnected Banking System with Endogenous Asset Markets

SAFE Working Paper No. 48

Number of pages: 50 Posted: 08 Apr 2014

Working Paper Series

Marcel Bluhm and Jan Pieter Krahnen

Wang Yanan Institute for Studies in Economics and Faculty of Economics and Business Administration

Downloads 312

15.

Competition Between Equity Markets: A Review of the Consolidation Versus Fragmentation Debate

SAFE Working Paper No. 35, Forthcoming in the Journal of Economic Surveys

Number of pages: 32 Posted: 03 Dec 2013 Last Revised: 28 Aug 2016

Working Paper Series

Peter Gomber, Satchit Sagade, Erik Theissen, Moritz Christian Weber and Christian Westheide

Goethe University Frankfurt Faculty of Economics and Business Administration, Goethe University Frankfurt - Department of Finance, University of Mannheim - Finance Area, Goethe University Frankfurt Faculty of Economics and Business Administration and University of Mannheim - Finance Area

There are 2 versions of this paper

Downloads 308

16.

Banking Union and the Governance of Credit Institutions - A Legal Perspective

SAFE Working Paper No. 96/2015

Number of pages: 30 Posted: 09 Apr 2015 Last Revised: 10 Apr 2015

Working Paper Series

Jens-Hinrich Binder

Eberhard-Karls-University - Faculty of Law

Downloads 303

17.

An Optimist Gets the Job Done? Financial Advisers’ Sophistication and Stock Return Expectations

SAFE Working Paper

Number of pages: 48 Posted: 21 Dec 2012 Last Revised: 29 Jun 2017

Working Paper Series

Markku Kaustia, Antti Lehtoranta and Vesa Puttonen

Aalto University School of Business, Bank of Finland and Aalto University - School of Business

There are 2 versions of this paper

Downloads 300

18.

Measuring Ambiguity Aversion: A Systematic Experimental Approach

SAFE Working Paper No. 55

Number of pages: 42 Posted: 22 Jun 2014

Working Paper Series

Jan Pieter Krahnen, Peter Ockenfels and Christian Wilde

Faculty of Economics and Business Administration, Goethe University Frankfurt - Institute of Economics and Goethe University Frankfurt - Department of Finance

Downloads 298

19.

Peer Effects and Risk Sharing in Experimental Asset Markets

SAFE Working Paper No. 67

Number of pages: 40 Posted: 03 Oct 2014 Last Revised: 02 Feb 2015

Working Paper Series

Sascha Baghestanian, Paul J. Gortner and Joel J. van der Weele

Goethe University, Goethe University Frankfurt - Research Center SAFE and University of Amsterdam - Center for Experimental Economics and political Decision making (CREED)

Downloads 290

20.

Bank Rescues and Bailout Expectations: The Erosion of Market Discipline During the Financial Crisis

SAFE Working Paper No. 36

Number of pages: 46 Posted: 10 Dec 2013 Last Revised: 31 Oct 2016

Working Paper Series

Florian Hett and Alexander Schmidt

Goethe University Frankfurt - Department of Management and Applied Microeconomics and Deutsche Bundesbank

Downloads 288

21.

Equilibrium Asset Pricing in Directed Networks

SAFE Working Paper No. 74, Finance Down Under 2016 Building on the Best from the Cellars of Finance

Number of pages: 56 Posted: 11 Nov 2014 Last Revised: 08 Apr 2017

Working Paper Series

Nicole Branger, Patrick Konermann, Christoph Meinerding and Christian Schlag

University of Muenster - Finance Center Muenster, BI Norwegian Business School, Deutsche Bundesbank and Goethe University Frankfurt - Research Center SAFE

Downloads 281

22.

Stock Ownership and Political Behavior: Evidence from Demutualizations

SAFE Working Paper No. 2

Number of pages: 50 Posted: 01 Feb 2013 Last Revised: 12 Dec 2013

Working Paper Series

Markku Kaustia, Samuli Knüpfer and Sami Torstila

Aalto University School of Business, BI Norwegian Business School and Aalto University

Downloads 279

23.

Austerity, Fiscal Uncertainty, and Economic Growth: Insights from Fiscally Weak EU Countries

SAFE Working Paper No. 56

Number of pages: 42 Posted: 27 Jun 2014 Last Revised: 25 Feb 2015

Working Paper Series

Giuliano Curatola, Michael Donadelli, Alessandro Gioffré and Patrick Grüning

Goethe University Frankfurt - Research Center SAFE, Goethe University Frankfurt - Research Center SAFE, Goethe University Frankfurt - Research Center SAFE and Bank of Lithuania - CEFER

Downloads 256

24.

How Special Are They? – Targeting Systemic Risk by Regulating Shadow Banking

Reshaping Markets. Economic Governance and Liberal Utopia 185-207 (Bertram Lomfeld, Alessandro Somma & Peer Zumbansen (eds.), Cambridge: Cambridge University Press, 2016), SAFE Working Paper No. 68

Number of pages: 22 Posted: 06 Oct 2014 Last Revised: 31 May 2016

Accepted Paper Series

Tobias H. Troeger

Goethe University Frankfurt - Faculty of Law

Downloads 250

25.

Mutual Excitation in Eurozone Sovereign CDS

SAFE Working Paper No. 51

Number of pages: 36 Posted: 19 May 2014 Last Revised: 02 Jun 2014

Working Paper Series

Yacine Ait-Sahalia, Roger J. A. Laeven and Loriana Pelizzon

Princeton University - Department of Economics, University of Amsterdam - Amsterdam School of Economics and Goethe University Frankfurt - Faculty of Economics and Business Administration

Downloads 248

26.

How Do Insured Deposits Affect Bank Risk? Evidence from the 2008 Emergency Economic Stabilization Act

Journal of Financial Intermediation, Forthcoming, SAFE Working Paper No. 38, DIW Berlin Discussion Paper No. 1347

Number of pages: 57 Posted: 19 Dec 2013 Last Revised: 08 Oct 2015

Accepted Paper Series

Claudia Lambert, Felix Noth and Ulrich Schüwer

Goethe University Frankfurt - Chair of Econometrics, Otto-von-Guericke University and University of Bonn

Downloads 243

27.

Spillover Effects among Financial Institutions: A State-Dependent Sensitivity Value-at-Risk Approach

SAFE Working Paper No. 20

Number of pages: 49 Posted: 22 May 2013

Working Paper Series

Zeno Adams, Roland Füss and Reint Gropp

University of St. Gallen - School of Finance, University of St. Gallen - School of Finance and Halle Institute for Economic Research

Downloads 235

28.

Asset Pricing Under Uncertainty About Shock Propagation

SAFE Working Paper No. 34

Number of pages: 67 Posted: 28 Nov 2013 Last Revised: 25 Mar 2014

Working Paper Series

Nicole Branger, Patrick Grüning, Holger Kraft, Christoph Meinerding and Christian Schlag

University of Muenster - Finance Center Muenster, Bank of Lithuania - CEFER, Goethe University Frankfurt, Deutsche Bundesbank and Goethe University Frankfurt - Research Center SAFE

Downloads 233

29.

Liquidity Coinsurance and Bank Capital

SAFE Working Paper No. 45

Number of pages: 48 Posted: 13 Mar 2014

Working Paper Series

Fabio Castiglionesi, Fabio Feriozzi, Gyongyi Loranth and Loriana Pelizzon

Tilburg University - Department of Finance, IE Business School - IE University, University of Vienna and Goethe University Frankfurt - Faculty of Economics and Business Administration

Downloads 233

30.

Monetary Policy and Risk Taking

SAFE Working Paper No. 8

Number of pages: 41 Posted: 09 Mar 2013

Working Paper Series

Ignazio Angeloni, Ester Faia and Marco Lo Duca

Italian Finance Ministry - International Financial Relations, Goethe University Frankfurt and European Central Bank (ECB)

Downloads 231

31.

Optimal Consumption and Investment with Epstein-Zin Recursive Utility

SAFE Working Paper No. 52

Number of pages: 43 Posted: 04 Jun 2014 Last Revised: 06 Jul 2016

Working Paper Series

Holger Kraft, Thomas Seiferling and Frank Thomas Seifried

Goethe University Frankfurt, University of Kaiserslautern - Department of Mathematics and University of Trier

There are 2 versions of this paper

Downloads 229

32.

Does Say on Pay Matter? Evidence from Germany

SAFE Working Paper No. 125

Number of pages: 33 Posted: 29 Jan 2016 Last Revised: 15 Sep 2017

Working Paper Series

Tobias H. Troeger and Uwe Walz

Goethe University Frankfurt - Faculty of Law and Goethe University Frankfurt - Institute of Economics

Downloads 223

33.

Monetary Policy Implementation in an Interbank Network: Effects on Systemic Risk

SAFE Working Paper No. 46

Number of pages: 43 Posted: 29 Mar 2014 Last Revised: 19 Nov 2016

Working Paper Series

Marcel Bluhm, Ester Faia and Jan Pieter Krahnen

Wang Yanan Institute for Studies in Economics, Goethe University Frankfurt and Faculty of Economics and Business Administration

Downloads 217

34.

Asset Market Participation and Portfolio Choice Over the Life-Cycle

SAFE Working Paper No. 115

Number of pages: 54 Posted: 15 Sep 2015

Working Paper Series

Andreas Fagereng, Charles Gottlieb and Luigi Guiso

Statistics Norway, University of St. Gallen - SEPS: Economics and Political Sciences and Einaudi Institute for Economics and Finance (EIEF)

There are 4 versions of this paper

Downloads 204

35.

Regulatory Influence on Market Conditions in the Banking Union

European Business Organization Law Review, Vol. 16, No. 3, 2015, SAFE Working Paper No. 109

Number of pages: 20 Posted: 04 Jun 2015 Last Revised: 01 Jun 2016

Accepted Paper Series

Tobias H. Troeger

Goethe University Frankfurt - Faculty of Law

Downloads 200

36.

Life Insurance Demand under Health Shock Risk

SAFE Working Paper No. 40

Number of pages: 55 Posted: 09 Feb 2014 Last Revised: 11 Jan 2016

Working Paper Series

Christoph Hambel, Holger Kraft, Lorenz S. Schendel and Mogens Steffensen

Goethe University Frankfurt, Goethe University Frankfurt, Goethe University Frankfurt and University of Copenhagen

Downloads 198

37.

Growth Options and Firm Valuation

SAFE Working Paper No. 6

Number of pages: 40 Posted: 27 Feb 2013 Last Revised: 17 Apr 2017

Working Paper Series

Holger Kraft, Eduardo S. Schwartz and Farina Weiss

Goethe University Frankfurt, University of California, Los Angeles (UCLA) - Finance Area and Goethe University Frankfurt

There are 3 versions of this paper

Downloads 196

38.

Systemic Co-Jumps

SAFE Working Paper No. 149

Number of pages: 49 Posted: 15 Oct 2016

Working Paper Series

Massimiliano Caporin, Alexey Kolokolov and Roberto Renò

University of Padua - Department of Statistical Sciences, Goethe University Frankfurt - Research Center SAFE and University of Verona - Department of Economics

Downloads 195

39.

Non-Mandatory Say on Pay Votes and AGM Participation: Evidence from Germany

SAFE Working Paper No. 107

Number of pages: 38 Posted: 02 Jun 2015 Last Revised: 03 Jun 2015

Working Paper Series

Daniel C Powell and Marc Steffen Rapp

University of Marburg - School of Business & Economics and University of Marburg - School of Business & Economics

Downloads 194

40.

Rent-Seeking in Elite Networks

Forthcoming in Journal of Political Economy, SAFE Working Paper No. 132

Number of pages: 55 Posted: 03 Feb 2017 Last Revised: 10 Feb 2017

Working Paper Series

Rainer F. H. Haselmann, David Schoenherr and Vikrant Vig

Goethe University Frankfurt - Research Center SAFE, Princeton University, Bendheim Center for Finance and London Business School

Downloads 193

41.

Input-Output-Based Measures of Systemic Importance

SAFE Working Paper No. 29

Number of pages: 41 Posted: 28 Aug 2013 Last Revised: 12 Jun 2014

Working Paper Series

Iñaki Aldasoro and Ignazio Angeloni

Bank for International Settlements (BIS) and Italian Finance Ministry - International Financial Relations

Downloads 187

42.

Insight Private Equity

SAFE Working Paper No. 23

Number of pages: 37 Posted: 20 Jun 2013

Working Paper Series

Andrej Gill and Nikolai Visnjic

Goethe University Frankfurt - Faculty of Economics and Business Administration and Goethe University Frankfurt

There are 2 versions of this paper

Downloads 185

43.

Are Tax Havens Good? Implications of the Crackdown on Secrecy

SAFE Working Paper No. 111

Number of pages: 19 Posted: 23 Jul 2015

Working Paper Series

Alfons J. Weichenrieder and Fangying Xu

Goethe University Frankfurt - Department of Applied Econometrics and International Economic Policy and Goethe University Frankfurt

There are 2 versions of this paper

Downloads 184

44.

Bank and Sovereign Debt Risk Connection

SAFE Working Paper No. 7

Number of pages: 44 Posted: 06 Mar 2013 Last Revised: 11 Mar 2014

Working Paper Series

Matthieu Darracq Paries, Ester Faia and Diego Rodriguez-Palenzuela

European Central Bank (ECB), Goethe University Frankfurt and European Central Bank (ECB)

Downloads 179

45.

Cross-Border Resolution of Global Banks

SAFE Working Paper No. 88

Number of pages: 31 Posted: 03 Mar 2015 Last Revised: 15 Jul 2015

Working Paper Series

Ester Faia and Beatrice Weder

Goethe University Frankfurt and University of Mainz - Department of Economics

There are 2 versions of this paper

Downloads 178

46.

Bank Response to Higher Capital Requirements: Evidence from a Quasi-Natural Experiment

SAFE Working Paper No. 156

Number of pages: 63 Posted: 01 Dec 2016

Working Paper Series

Reint Gropp, Thomas C. Mosk, Steven Ongena and Carlo Wix

Halle Institute for Economic Research, Goethe University Frankfurt - Research Center SAFE, University of Zurich - Department of Banking and Finance and Goethe University Frankfurt - Research Center SAFE

There are 2 versions of this paper