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Menkhoff, Lukas - 2015

We assess the properties of currency value strategies based on real exchange rates in a cross-sectional portfolio … setting. We find that real exchange rates predict currency excess returns, but in a way that is inconsistent with the notion … of currency value because a high valuation level forecasts a relative appreciation of the foreign currency going forward …

Persistent link: https://www.econbiz.de/10013032642

Currency Value

Menkhoff, Lukas - 2015

Persistent link: https://www.econbiz.de/10013035463

Collateral and lending to rural households in emerging markets

Menkhoff, Lukas; Neuberger, Doris; Ornsiri Rungruxsirivorn - 2010

Persistent link: https://www.econbiz.de/10008909174

Estimating risky behavior with multiple-item risk measures : an empirical examination

Menkhoff, Lukas; Sakha, Sahra - 2016

We compare seven established risk elicitation methods and investigate how they robustly explain eleven kinds of risky behavior with 760 individuals. Risk measures are positively correlated; however, their performance in explaining behavior is heterogeneous and, therefore, difficult to assess ex...

Persistent link: https://www.econbiz.de/10011539235

Risky Asset Holdings during Covid-19 and Their Distributional Impact : Evidence from Germany

Menkhoff, Lukas; Schröder, Carsten - 2021

We present evidence from a repeated survey on risky asset holdings carried out on a representative sample of the German population six times between April and June 2020. Given the size of the Covid-19 shock, we find little evidence of portfolio rebalancing in April 2020. In May, however,...

Persistent link: https://www.econbiz.de/10013216641

Essays on debt, personality and well-being in Southeast Asia

Stein, Wiebke - 2021

Persistent link: https://www.econbiz.de/10013264852

Estimating risky behavior with multiple-item risk measures

Menkhoff, Lukas; Sakha, Sahra - 2017 - Revised version, February 2017

We compare seven established risk elicitation methods and investigate how robustly they explain eleven kinds of risky behavior with 760 individuals. Risk measures are positively correlated; however, their performance in explaining behavior is heterogeneous and, therefore, difficult to assess ex...

Persistent link: https://www.econbiz.de/10012041130

Risky asset holdings during COVID-19 and their distributional impact : evidence from Germany

Menkhoff, Lukas; Schröder, Carsten - In: Review of income and wealth 68 (2022) 2, pp. 497-517

Persistent link: https://www.econbiz.de/10013384518

Risky asset holdings during Covid-19 and their distributional impact : evidence from Germany

Menkhoff, Lukas; Schröder, Carsten - 2021

Persistent link: https://www.econbiz.de/10012596661

The Impact of Experience on Risk Taking, Overconfidence, and Herding of Fund Managers: Complementary Survey Evidence

Brozynski, Torsten; Menkhoff, Lukas; Schmidt, Ulrich - 2004

Empirical research has shown that inexperienced fund managers yield significantly higher returns than their more experienced colleagues. If the portfolios of inexperienced are not more risky, this result would contradict the hypothesis of market efficiency. Therefore, it is an important question...

Persistent link: https://www.econbiz.de/10010261673