Publications of the Research Unit Pensions and Sustainable Financial Markets

  1. Contributions to Edited Volumes and Conference Proceedings // 2010

    Staatliche Förderung des Wohneigentums

  2. ZEW Discussion Paper No. 10-045 // 2010

    Why Do Financial Market Experts Misperceive Future Monetary Policy Decisions?

    Central bank communication is increasingly important to both central banks and financial market participants. Effective communication should ensure that financial markets understand the central bank's interest…

  3. Contributions to Edited Volumes and Conference Proceedings // 2010

    Corporate Governance in Banks: Germany

  4. ZEW Discussion Paper No. 10-038 // 2010

    Modeling and Explaining the Dynamics of European Union Allowance Prices at High-Frequency

    This paper contributes to a relatively new research area called "carbon finance". In simple terms, carbon finance deals with finance and carbon dioxide permit market related issues. The research focuses, for…

  5. ZEW Discussion Paper No. 10-034 // 2010

    Downside Risk Optimization in Securitized Real Estate Markets

    Theoretical and practical portfolio management has been affected by the Modern Portfolio Theory (MPT) suggested by Markowitz (1952) for almost 60 years. An almost innumerable amount of research on this topic has…

  6. ZEW Discussion Paper No. 10-033 // 2010

    Market Efficiency in the Emerging Securitized Real Estate Markets

    Ever since the seminal papers of Fama (1965, 1970), the analysis of the efficient market hypothesis has been a key topic in both theoretical and empirical capital market analysis. The efficient market hypothesis…

  7. ZEW Discussion Paper No. 10-030 // 2010

    How Efficient is the U.K. Housing Market?

    Research in real estate finance and economics has been dealing with the topic of efficiency in the housing market for over 25 years, mainly for the U.S., Canada, and the U.K. Most recent research on this topic…

Further Publications

ZEW Financial Market Survey

German Real Estate Finance Index (DIFI Report)