Publications of the Research Unit Pensions and Sustainable Financial Markets

• Cross-Country Comparison – Economic Crises Increase Inequality in the United States
• Innovation Indicator „† – Germany Comes in Fourth Place Globally for Innovation
• United States: Strategically Changing a…

This paper investigates whether and how strongly the share of homeowners in a community affects residential property taxation by local governments. Different from renters, homeowners bear the full property tax…

• An “Energy Brexit” Would Hurt Britain More Than the European Union
• How Cum-Ex and Cum-Cum Deals Led to Billions of Euros in Lost Tax Revenue
• How Can German Cities Handle the Mad Dash for Nursery School Places?
• Q&A…

We examine how the numeracy level of employees influences the quality of their on-the-job decisions. Based on an administrative dataset of a retail bank we relate the performance of loan officers in a…

Using the syndicated loan market as a laboratory, we analyze the effect of the Brexit referendum on corporate loan origination. Issuances in the UK syndicated loan market dropped by 25% after the Brexit…