Publications of the Research Unit Pensions and Sustainable Financial Markets

  1. Contributions to Edited Volumes and Conference Proceedings // 2007

    Der REIT - eine internationale Erfolgsgeschichte

  2. ZEW Discussion Paper No. 07-005 // 2007

    The Foreign Exchange Rate Exposure of Nations

    Following the well-known approach by Adler and Dumas (1984) we evaluate the foreign exchange rate exposure of nations. Results based on data from 27 countries show that national foreign exchange rate exposures…

  3. ZEW Discussion Paper No. 07-003 // 2007

    You Can’t Make an Omelette without Breaking Eggs: The Impact of Venture Capitalists on Executive Turnover

    We present evidence on venture capitalists' (VCs) impact on turnover of executives for a sample of nearly 47,000 German high-tech start-ups between 1995 and 2004. We confirm that the presence of VCs increases…

  4. Refereed Journal // 2007

    Pay High in Good Times, Pay Low in Bad Times – Development Finance using GDP-linked Bonds

    The paper examines the applicability of GDP-linked bonds for the financing of develop-ing countries. These bonds are characterised by tying the coupon and/or redemption payments to the GDP of the issuing…

Further Publications

ZEW Financial Market Survey

German Real Estate Finance Index (DIFI Report)