Results from the preceding project The Legitimacy of a European Constitution in View of the Conditions Created by National Traditions indicated that the EU finds legitimation above all in the benefit generated for…
Objective and motivation of the project: The projects objective is the assessment of the role of sustainability funds in the asset management of German charitable foundations. From the microeconomic and…
This project investigates the short-term to medium-term predictability of stock market excess returns from an empirical point of view. Empirical evidence on predictability of market excess returns implies that…
The project analysed the performance of an investment strategy which is based on differences between forward rates and money market interest rates. In particular, the project aimed to investigate the stability of…
Over the last years, many changes have been taking place in the asset management industry. Some of them are driven by cost and performance considerations (e.g. outsourcing, multi-management), by investors demand…
The concept of potential output plays an important role in economic analysis as well as in economic policy discussions. Defined as the productive capacity that would be feasible under full utilization of all…
The investment behaviour of German private households is often characterised by a suboptimally high share of low risk, low interest forms of investment in their portfolio. Especially with respect to longer-term…
The aim of this research project is to develop and to analyse concepts for the comprehensive integration of owner occupied housing in the public support programmes for capital-based old age provision.