Andreas Hackethal

Goethe University Frankfurt - Faculty of Economics and Business Administration

Professor of Finance

Theodor-W.-Adorno Platz 3

Frankfurt am Main, 60323

Germany

Goethe University Frankfurt - Research Center SAFE

Area Head Household Finance

(http://www.safe-frankfurt.de)

Theodor-W.-Adorno-Platz 3

Frankfurt am Main, 60323

Germany

  • Goethe University Frankfurt - Faculty of Economics and Business Administration

  • Goethe University Frankfurt - Research Center SAFE

SCHOLARLY PAPERS

30

DOWNLOADS
Rank 1,164

SSRN RANKINGS

Top 1,164

in Total Papers Downloads

21,868

CITATIONS
Rank 6,405

SSRN RANKINGS

Top 6,405

in Total Papers Citations

77

Scholarly Papers (30)

Actions:
Email selected abstracts
1.

Financial Advisors: A Case of Babysitters?

Downloads 3,112 ( 3,132)
Citation 19

Financial Advisors: A Case of Babysitters?

Number of pages: 43 Posted: 19 Mar 2009 Last Revised: 14 Jun 2011
Andreas Hackethal, Michael Haliassos and Tullio Jappelli
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - House of Finance and University of Naples Federico II - Department of Economics
Downloads 2,984 (3,292)
Citation 19

Abstract:

Loading...

Financial advice, portfolio choice, household finance

Financial Advisors: A Case of Babysitters?

Netspar Discussion Paper No. 04/2010-017
Number of pages: 43 Posted: 20 Jun 2010
Andreas Hackethal, Michael Haliassos and Tullio Jappelli
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - House of Finance and University of Naples Federico II - Department of Economics
Downloads 122 (216,783)
Citation 19

Abstract:

Loading...

financial advice, portfolio choice, household finance

Financial Advisors: A Case of Babysitters?

CEPR Discussion Paper No. DP7235
Number of pages: 43 Posted: 07 Apr 2009
Andreas Hackethal, Michael Haliassos and Tullio Jappelli
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - House of Finance and University of Naples Federico II - Department of Economics
Downloads 6 (593,432)
Citation 19
  • Add to Cart

Abstract:

Loading...

Financial advice, Household Finance, Portfolio Choice

Financial Advisors: A Case of Babysitters?

Journal of Banking and Finance, Forthcoming
Posted: 05 Sep 2011
Andreas Hackethal, Michael Haliassos and Tullio Jappelli
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - House of Finance and University of Naples Federico II - Department of Economics

Abstract:

Loading...

Financial advice, portfolio choice, household finance

2.

Financial Advice and Individual Investors' Portfolios

Number of pages: 40 Posted: 06 Mar 2007 Last Revised: 01 Mar 2015
Ralph Bluethgen, Andreas Gintschel, Andreas Hackethal and Armin Mueller
EBS Universität für Wirtschaft und Recht - EBS Business School, JPMorgan, Goethe University Frankfurt - Faculty of Economics and Business Administration and EBS Universität für Wirtschaft und Recht - EBS Business School
Downloads 2,665 (4,062)
Citation 9

Abstract:

Loading...

Household finance, financial advice, investment behavior

3.

Abusing ETFs

Forthcoming in the Review of Finance
Number of pages: 55 Posted: 15 Mar 2012 Last Revised: 13 Sep 2017
Utpal Bhattacharya, Benjamin Loos, Steffen Meyer and Andreas Hackethal
Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management, UTS Business School, Leibniz Universität Hannover and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 2,562 (4,342)

Abstract:

Loading...

household finance, retail investors, ETFs, passive investing, active investing, security selection, market timing

4.

Drivers and Barriers to Management Accounting Change

AAA 2008 MAS Meeting Paper
Number of pages: 47 Posted: 28 Jul 2007 Last Revised: 11 Jan 2008
Felix Schwarze, Kim Wuellenweber and Andreas Hackethal
Goethe University Frankfurt - Department of Finance, University Frankfurt - E-Finance Lab and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 1,805 (7,906)

Abstract:

Loading...

management accounting, accounting change, bank, field study

5.

Is Unbiased Financial Advice To Retail Investors Sufficient? Answers from a Large Field Study

Downloads 1,701 ( 8,686)
Citation 11

Is Unbiased Financial Advice To Retail Investors Sufficient? Answers from a Large Field Study

Number of pages: 70 Posted: 20 May 2011 Last Revised: 12 May 2014
Utpal Bhattacharya, Andreas Hackethal, Simon Kaesler, Benjamin Loos and Steffen Meyer
Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management, Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - Department of Finance, UTS Business School and Leibniz Universität Hannover
Downloads 1,411 (11,541)
Citation 11

Abstract:

Loading...

retail investors, brokers, financial advice, efficient portfolios

Is Unbiased Financial Advice to Retail Investors Sufficient? Answers from a Large Field Study

Review of Financial Studies, Forthcoming
Number of pages: 70 Posted: 24 Sep 2011
Utpal Bhattacharya, Andreas Hackethal, Simon Kaesler, Benjamin Loos and Steffen Meyer
Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management, Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - Department of Finance, UTS Business School and Leibniz Universität Hannover
Downloads 290 (97,225)
Citation 11

Abstract:

Loading...

retail investors, brokers, financial advice, efficient portfolios

6.

The Influence of Financial Advice on the Asset Allocation of Individual Investors

EFA 2008 Athens Meetings Paper
Number of pages: 33 Posted: 17 Mar 2008
Christian Jansen, Rene Fischer and Andreas Hackethal
EBS Universität für Wirtschaft und Recht - EBS Business School - Department of Finance and Accounting, EBS Universität für Wirtschaft und Recht - EBS Business School - Department of Finance and Accounting and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 1,232 (14,568)
Citation 1

Abstract:

Loading...

individual investors, financial advice, asset allocation, conflict of interest, incentives

7.

Financing Patterns: Measurement Concepts and Empirical Results

Frankfurt Dept. of Finance Working Paper No. 125
Number of pages: 49 Posted: 01 Feb 2001
Reinhard H. Schmidt and Andreas Hackethal
Goethe University Frankfurt - Chair of Banking and Finance and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 1,016 (19,467)
Citation 11

Abstract:

Loading...

financing patterns, capital structure, financial system, banks, capital markets, internal finance, measurement concepts

8.

The Impact of Business Process Outsourcing on Firm Performance and the Influence of Governance: A Long Term Study in the German Banking Industry

Number of pages: 44 Posted: 18 Dec 2007
Markus Fritsch, Mark Wahrenburg, Andreas Hackethal and Kim Wuellenweber
Goethe University Frankfurt - Chair of Banking and Finance, Faculty of Economics and Business Administration, Goethe University Frankfurt - Faculty of Economics and Business Administration and University Frankfurt - E-Finance Lab
Downloads 890 (23,721)

Abstract:

Loading...

Business Process Outsourcing, firm performance, firm characteristics, banking, German banks, governance

9.

Is Proprietary Trading Detrimental to Retail Investors?

Downloads 882 ( 24,042)
Citation 1

Is Proprietary Trading Detrimental to Retail Investors?

Number of pages: 58 Posted: 12 Mar 2011 Last Revised: 15 Aug 2017
Falko Fecht, Andreas Hackethal and Yigitcan Karabulut
Frankfurt School of Finance & Management, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 751 (29,655)
Citation 1

Abstract:

Loading...

Conflict of interests, universal banks, proprietary trading, retail investment, retail banking

Is Proprietary Trading Detrimental to Retail Investors?

Bundesbank Discussion Paper No. 42/2013
Number of pages: 40 Posted: 21 Jun 2016
Falko Fecht, Andreas Hackethal and Yigitcan Karabulut
Frankfurt School of Finance & Management, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 96 (257,572)
Citation 1

Abstract:

Loading...

conflict of interests, universal banks, proprietary trading, retail investment, retail banking

Is Proprietary Trading Detrimental to Retail Investors?

Journal of Finance, Forthcoming
Number of pages: 58 Posted: 18 Mar 2012 Last Revised: 18 Aug 2017
Falko Fecht, Andreas Hackethal and Yigitcan Karabulut
Frankfurt School of Finance & Management, Goethe University Frankfurt - Faculty of Economics and Business Administration and Frankfurt School of Finance & Management
Downloads 35 (428,051)
Citation 1

Abstract:

Loading...

Conflict of interest, universal banks, proprietary trading, retail investment, retail banking

10.

The Influence of Financial Advisors on Household Portfolios: A Study on Private Investors Switching to Financial Advice

Number of pages: 37 Posted: 17 Feb 2009
Ralf Gerhardt and Andreas Hackethal
Goethe University Frankfurt - Department of Finance and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 838 (25,887)
Citation 1

Abstract:

Loading...

Investment Advice, Household Portfolios, Investment Behavior

11.

Trading on Advice

Downloads 793 ( 27,990)
Citation 2

Trading on Advice

Number of pages: 35 Posted: 03 Nov 2010 Last Revised: 31 Dec 2012
Andreas Hackethal, Roman Inderst and Steffen Meyer
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt and Leibniz Universität Hannover
Downloads 790 (27,699)
Citation 2

Abstract:

Loading...

Trading, Financial Advice

Trading on Advice

CEPR Discussion Paper No. DP8091
Number of pages: 49 Posted: 29 Nov 2010
Andreas Hackethal, Roman Inderst and Steffen Meyer
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt and Leibniz Universität Hannover
Downloads 3 (613,183)
Citation 2
  • Add to Cart

Abstract:

Loading...

financial advice, trading

12.

How Ing-Diba Conquered the German Retail Banking Market

Number of pages: 26 Posted: 12 Mar 2008 Last Revised: 02 Apr 2008
Andre Guettler and Andreas Hackethal
University of Ulm - Department of Mathematics and Economics and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 750 (30,192)

Abstract:

Loading...

IT development, strategic success factors, direct bank, German financial system

13.

The Anatomy of Bank Diversification

Number of pages: 28 Posted: 09 Mar 2007
Ralf Elsas, Andreas Hackethal and Markus Holzhäuser
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), Goethe University Frankfurt - Faculty of Economics and Business Administration and Goethe University Frankfurt - Department of Finance
Downloads 525 (48,387)
Citation 7

Abstract:

Loading...

Bank Diversification, Conglomerate Discount, Universal Banking

14.

Trading on Noise: Moving Average Trading Heuristics and Private Investors

Number of pages: 67 Posted: 07 Nov 2014
Thomas Etheber, Andreas Hackethal and Steffen Meyer
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Faculty of Economics and Business Administration and Leibniz Universität Hannover
Downloads 486 (53,340)

Abstract:

Loading...

Investor heuristics, technical analysis, individual investors, noise trading

15.

The Service Profit Chain of Retail Banking - How Regulation Might Promote Service Innovation

Number of pages: 37 Posted: 17 Mar 2008
Rene Fischer, Andreas Hackethal and Christian Jansen
EBS Universität für Wirtschaft und Recht - EBS Business School - Department of Finance and Accounting, Goethe University Frankfurt - Faculty of Economics and Business Administration and EBS Universität für Wirtschaft und Recht - EBS Business School - Department of Finance and Accounting
Downloads 455 (57,959)

Abstract:

Loading...

Service profit chain, MiFID, financial service providers, investment advisory

16.

Who Falls Prey to the Wolf of Wall Street? Investor Participation in Market Manipulation

Downloads 383 ( 71,737)

Who Falls Prey to the Wolf of Wall Street? Investor Participation in Market Manipulation

Number of pages: 72 Posted: 29 Nov 2017
Christian Leuz, Steffen Meyer, Maximilian Muhn, Eugene F. Soltes and Andreas Hackethal
University of Chicago - Booth School of Business, Leibniz Universität Hannover, Humboldt University of Berlin, Harvard Business School and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 371 (73,827)

Abstract:

Loading...

Market manipulation; Pump-and-dump schemes, Securities regulation; Fraud; Investor protection; Lottery stocks; Household finance

Who Falls Prey to the Wolf of Wall Street? Investor Participation in Market Manipulation

NBER Working Paper No. w24083
Number of pages: 63 Posted: 06 Dec 2017
Christian Leuz, Steffen Meyer, Maximilian Muhn, Eugene F. Soltes and Andreas Hackethal
University of Chicago - Booth School of Business, Leibniz Universität Hannover, Humboldt University of Berlin, Harvard Business School and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 12 (557,075)
  • Add to Cart

Abstract:

Loading...

17.

Whose Money is Smart? Mutual Fund Purchases of Private Investors

Number of pages: 29 Posted: 18 Feb 2009 Last Revised: 16 Mar 2009
Fabian Niebling, Steffen Meyer and Andreas Hackethal
affiliation not provided to SSRN, Leibniz Universität Hannover and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 374 (73,332)

Abstract:

Loading...

Smart decision making, Mutual funds, Fund selection criterion, Household finance, Cost of investment mistakes

18.

How to Meet Private Investors' Advisory Needs

20th Australasian Finance & Banking Conference 2007 Paper
Number of pages: 27 Posted: 27 Aug 2007 Last Revised: 23 May 2008
Christian Jansen and Andreas Hackethal
EBS Universität für Wirtschaft und Recht - EBS Business School - Department of Finance and Accounting and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 361 (76,422)
Citation 4

Abstract:

Loading...

Retail banking, financial advisory, customer segmentation, financial sophistication

19.

German Banks - a Declining Industry?

CFS Working Paper No. 2003/27
Number of pages: 41 Posted: 11 Oct 2003
Andreas Hackethal
Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 332 (84,154)
Citation 2

Abstract:

Loading...

Commercial banking, Germany, disintermediation, financial system

20.

An Empirical Study on the Cost of Institutional Boundaries and Lacking Financial Sophistication in the Mutual Fund Selection Process

EFA 2008 Athens Meetings Paper
Number of pages: 29 Posted: 19 Mar 2008
Rene Fischer, Steffen Meyer and Andreas Hackethal
EBS Universität für Wirtschaft und Recht - EBS Business School - Department of Finance and Accounting, Leibniz Universität Hannover and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 254 (112,378)

Abstract:

Loading...

Cost of investment mistakes, Mutual Funds, Fund performance, Fund selection criterion

21.

There is No Place Like Home: A Spatial Analysis of Investor Choice of Stock Exchange

Number of pages: 26 Posted: 17 Mar 2008 Last Revised: 26 Mar 2008
Ralph Bluethgen and Andreas Hackethal
EBS Universität für Wirtschaft und Recht - EBS Business School and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 225 (127,020)

Abstract:

Loading...

Household Finance, Behavioral Bias, Financial Advice, Spatial Analysis

22.

Client Involvement in Expert Advice: Antibiotics in Finance?

SAFE Working Paper No. 219
Number of pages: 44 Posted: 30 May 2018 Last Revised: 24 Aug 2018
Andreas Hackethal, Christine Laudenbach, Steffen Meyer and Annika Weber
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt, Leibniz Universität Hannover and Goethe University Frankfurt
Downloads 71 (306,936)

Abstract:

Loading...

Financial Advice, Individual Investors, Client Involvement

23.

Taming Models of Prospect Theory in the Wild? Estimation of Vlcek and Hens (2011)

SAFE Working Paper No. 146
Number of pages: 49 Posted: 01 Oct 2016 Last Revised: 12 Apr 2017
Sven Thorsten Jakusch, Steffen Meyer and Andreas Hackethal
Goethe University Frankfurt - Department of Finance, Leibniz Universität Hannover and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 63 (327,116)

Abstract:

Loading...

Prospect Theory, Parameter Elicitation, Investors Heterogeneity

24.

Taring All Investors with the Same Brush? Evidence for Heterogeneity in Individual Preferences from a Maximum Likelihood Approach

SAFE Working Paper No. 147
Number of pages: 61 Posted: 01 Oct 2016 Last Revised: 12 Apr 2017
Andreas Hackethal, Sven Thorsten Jakusch and Steffen Meyer
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - Department of Finance and Leibniz Universität Hannover
Downloads 62 (329,675)

Abstract:

Loading...

Utility Theory, Maximum Likelihood, Individual Investors

25.

Banks and German Corporate Governance: On the Way to a Capital Market-Based System?

Corporate Governance: An International Review, Vol. 13, No. 3, pp. 397-407, May 2005
Number of pages: 11 Posted: 21 May 2005
Andreas Hackethal, Reinhard H. Schmidt and Marcel Tyrell
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - Chair of Banking and Finance and University of Frankfurt
Downloads 31 (434,926)
Citation 9
  • Add to Cart

Abstract:

Loading...

26.

Portfolio Risk Forecasting

Journal of Risk, Vol. 16, No. 1, 2013
Number of pages: 34 Posted: 07 Jun 2016
Valentin Braun and Andreas Hackethal
Goethe University Frankfurt and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 0 (621,471)
  • Add to Cart

Abstract:

Loading...

portfolio risk forecasting, volatility levels, forecasts

27.

The Impact of Weather on German Retail Investors

Review of Finance (Forthcoming)
Posted: 05 May 2014
Jochen Schmittmann, Jenny Pirschel, Steffen Meyer and Andreas Hackethal
International Monetary Fund (IMF), Centre for European Economic Research (ZEW), Leibniz Universität Hannover and Goethe University Frankfurt - Faculty of Economics and Business Administration

Abstract:

Loading...

weather; individual investor; mood; trading behavior; stock market

28.

Multi-Bank Loan Pool Contracts

Posted: 06 Aug 2008
Andreas Gintschel and Andreas Hackethal
JPMorgan and Goethe University Frankfurt - Faculty of Economics and Business Administration

Abstract:

Loading...

29.

Signaling Power of Open Market Share Repurchases in Germany

Financial Markets and Portfolio Management, Vol. 20, No. 2, 2006
Posted: 03 Aug 2006
Alexandre Zdantchouk and Andreas Hackethal
Freitag Gellert & Co. GmbH and Goethe University Frankfurt - Faculty of Economics and Business Administration

Abstract:

Loading...

Open market share repurchases, event study, undervaluation signaling, repurchase policy and regulation

30.

Disintermediation and the Role of Banks in Europe: An International Comparison

Journal of Financial Intermediation, Vol. 8, No. 1
Posted: 21 Jan 1999
Reinhard H. Schmidt, Marcel Tyrell and Andreas Hackethal
Goethe University Frankfurt - Chair of Banking and Finance, University of Frankfurt and Goethe University Frankfurt - Faculty of Economics and Business Administration

Abstract:

Loading...

Other Papers (1)

Total Downloads: 0    Citations: 0
Actions:
Email selected abstracts
1.

Migration and the Retail Banking Industry: An Examination of Immigrants' Bank Nationality Choice in Germany

European Journal of Finance 16(5), 459-480, 2009
Posted: 04 Aug 2012
Fabian Gleisner, Andreas Hackethal and Christian Rauch
Goethe University Frankfurt - Faculty of Economics and Business Administration, Goethe University Frankfurt - Faculty of Economics and Business Administration and American University of Sharjah

Abstract:

Loading...

Retail Banking, Bank Globalization, Migration