Showing 1 - 10 of 182
In den Verhandlungen zur EU-Osterweiterung steht im ersten Halbjahr 2001 die Regelung zur Arbeitnehmerfreizügigkeit auf der Tagesordnung. Mittlerweile liegen mehrere Schätzungen des Zuwanderungspotentials vor, das nach der EU-Erweiterung für Deutschland oder ganz Westeuropa wirksam werden...
Persistent link: https://www.econbiz.de/10011691729
Faktoren eher eine untergeordnete Rolle in der Bestimmung hoher Einkommen der Selbständigen.Thema: Wohlfahrt, Hohe …
Persistent link: https://www.econbiz.de/10010290479
This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U …
Persistent link: https://www.econbiz.de/10010270717
This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences. As a practical example, the professional competition between fund managers is considered. To explore how different settings of competition parameters, the exclusion rate and...
Persistent link: https://www.econbiz.de/10010309602
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
As institutional investors are engaged to realize attractive risk-adjusted returns, they can by definition be seen as risk managers. This paper analyzes their risk management behavior from a macro perspective and focuses on their incentives for rational herding. Based on a questionnaire survey...
Persistent link: https://www.econbiz.de/10010262912
This study provides evidence from a questionnaire survey of fund managers. We find that the majority of respondents rely on momentum, contrarian and buy-&-hold strategies to some degree. Although there were few applicants who exclusively rely on a single trading strategy, clear preferences...
Persistent link: https://www.econbiz.de/10010262917
A survey of fund managers reveals home bias for these sophisticated investors in an unrestricted setting. Proximity, perceived informational advantage and higher expected returns are confirmed as accompanying factors. In addition, the home bias of equity managers is also related to...
Persistent link: https://www.econbiz.de/10010262922
There are robust gender differences in the domains of risk taking, overconfidence and competition behavior. However, as expertise tends to level these differences, we ask whether financial experts still show gender dissimilarities in their domains of decision making? We analyze survey responses...
Persistent link: https://www.econbiz.de/10010264941
This paper provides evidence on the hypothesis that many behavioral finance patterns are so deeply rooted in human behavior that they are difficult to overcome by learning. We test this on a target group which has undoubtedly very strong incentives to learn efficient behavior, i.e. fund...
Persistent link: https://www.econbiz.de/10010264942