Ansätze, Stile und Schubladen -- Volker Schilling und Dirk Sammüller -- Peter E. Huber -- Luca Pesarini -- Dr. Jens Ehrhardt -- Dr. Markus Stahl -- Martin Mack -- Dr. Heinz-Werner Rapp -- Hans-Olov Bornemann -- Markus Mezger -- Felix Zulauf -- Christoph Metzger -- Exkurs: Finanzmärkte und...

We develop a two-layer asset pricing framework to analyze the fragility of the corporate bond market. In the model, households allocate wealth to institutional investors such as mutual funds and insurance companies. Institutional investors then allocate funds to specific assets. Equilibrium...

"Behavioral finance helps investors understand unusual asset prices and empirical observations originating out of capital markets. At its core, this field of study aids investors navigating complex psychological trappings in market behavior and making smarter investment decisions. Behavioral...