Discussion paper DP17489 Designing Pension Plans According to Consumption-Savings Theory Kathrin Schlafmann Ofer Setty Roine Vestman 21 Jul 2022 Age-based investing Life-cycle model Pension plan design Financial Economics Monetary Economics and Fluctuations D91 E21 G11 H55
Discussion paper DP17420 Shattered Housing Yigitcan Karabulut Larissa Schäfer Selale Tuzel 1 Jul 2022 Housing Homeownership Household finance Experience effects War destruction Financial Economics G11 G41 G51 R21 R31
Discussion paper DP17412 Cultural Origins of Investment Behavior Kaveh Majlesi Andreas Ek Gunes Gokmen 28 Jun 2022 Culture Cultural transmission Delegation Diversification Investment behavior Risk preference Time preference Financial Economics G11 G40 G50 G51 Z10
Discussion paper DP16575 Art in Times of Crisis Géraldine David Yuexin Li Kim Oosterlinck Luc Renneboog 19 Jun 2022 Art markets Wars Crises Cultural economics Economic history Economic History G01 G11 Z11 E30 N14 N24 N44
Discussion paper DP14830 Monetary Policy with Opinionated Markets Ricardo Caballero Alp Simsek 17 Jun 2022 Monetary policy and shocks Belief disagreements Interest rates The fed's greenbook projections and the dot plot Fed belief surprises Tantrum shocks Communication Gradualism Forward guidance Cost-push shocks Financial Economics Monetary Economics and Fluctuations E00 E12 E21 E32 E43 E44 G11 G12
Discussion paper DP16260 Dissecting Green Returns Luboš Pástor Robert F. Stambaugh Lucian Taylor 13 Jun 2022 Sustainable investing Esg Green factor Greenium Green bonds Financial Economics G11 G12
Discussion paper DP17338 Who Holds Sovereign Debt and Why It Matters Xiang Fang Bryan Hardy Karen Lewis 29 May 2022 Sovereign debt Investor demand Banks and non-banks Advanced economies and emerging markets Financial Economics International Macroeconomics and Finance F34 G11 G15 F41
Discussion paper DP14264 The Obama Effect: Heightened Risk Tolerance, Optimism, and Wealth Accumulation by Minorities after 2008 Yosef Bonaparte Sarah Khalaf George Korniotis 16 May 2022 Risk tolerance Optimism Stock ownership Asset allocation Wealth gap Scf Presidential elections Financial Economics D14 G11 J15
Discussion paper DP17262 Socially Responsible Divestment Alex Edmans Doron Levit 28 Apr 2022 Socially responsible investing Sustainable investing Externalities Exclusion Divestment Tilting Exit Governance Financial Economics D62 G11 G34
Discussion paper DP17251 The Wealth Creation Effect in Stock Returns Francesco Franzoni Daniel Obrycki Rafael Resendes 25 Apr 2022 Profitability factor Investment factor Asset pricing Net-present value Wealth creation Financial Economics G11 G12
Discussion paper DP17228 Dividend Taxes and the Allocation of Capital Charles Boissel Adrien Matray 16 Apr 2022 Corporate taxes Capital misallocation Financial Economics Public Economics G11 G32 H25 O16
Discussion paper DP17194 The Virtue of Complexity in Return Prediction Semyon Malamud Bryan Kelly Kangying Zhou 7 Apr 2022 Portfolio choice Machine learning Random matrix theory Benign overfit Overparameterization Financial Economics C3 C58 C61 G11 G12 G14
