Auflistung LIF-SAFE Working Papers nach Autor "Gortner, Paul"

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    • Compensation Schemes, Liquidity Provision, and Asset Prices: An Experimental Analysis 

      Baghestanian, Sascha; Gortner, Paul; Massenot, Baptiste (2015-06-01)
      In an experimental setting in which investors can entrust their money to traders, we investigate how compensation schemes affect liquidity provision and asset prices. Investors face a trade-off between risk and return. At ...

    • Macroprudential Policy in the Lab 

      Gortner, Paul; Massenot, Baptiste (2018-12-20)
      Higher capital ratios are believed to improve system-wide financial stability through three main channels: (i) higher loss-absorption capacity, (ii) lower moral hazard, (iii) stabilization of the financial cycle if capital ...