Die Finanzbranche hat das Thema Nachhaltigkeit längst für sich entdeckt. Es gibt nachhaltige Anleihen, grüne Finanzierungen und sogar Banken, die ausschließlich grüne Finanzprodukte anbieten. Allerdings gibt es…
We examine financial literacy in Germany and its relevance for financial well-being. Using data from the Panel on Household Finances collected in 2021, we show that about 62% of German households answer the Big…
We examine the financial resilience of Austrian households, relating it to their experience of financial shocks earlier in life and to their financial literacy. We find that previous negative (positive)…
We use data on speeches held by members of the European Central Bank's (ECB) Executive Board to analyze whether clarity of central bank communication has increased over time. Employing readability measures as…
Central bank surveys frequently elicit households’ probabilistic beliefs about future inflation. However, most household surveys use a response scale that is tailored towards low-inflation regimes. Using data…
We exploit proprietary information on severed correspondent banking relationships (due to the stricter enforcement of financial crime regulation) to assess how payment disruptions impede cross-border trade.…
Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We…
Finanzbildung kann das Finanzverhalten junger Erwachsener nachhaltig verbessern, sie in ihren Entscheidungen stärken und ihnen helfen, Chancen und Risiken zu erkennen. Digitale Tools, die finanzielle Inhalte mit…