• Coordination of Circuit Breakers? Volume Migration and Volatility Spillover in Fragmented Markets 

      Clapham, Benjamin; Gomber, Peter; Panz, Sven (2017-01-27)
      We study circuit breakers in a fragmented, multi-market environment and investigate whether a coordination of circuit breakers is necessary to ensure their effectiveness. In doing so, we analyze 2,337 volatility interruptions ...
    • Does feedback on personal investment success help? 

      Meyer, Steffen; Urban, Linda; Ahlswede, Sophie (2016-12-06)
      In a field study with more than 1.500 customers of an online-broker we test what happens when investors receive repeated feedback on their investment success in a monthly securities account report. The reports show investors’ ...
    • Does Product Familiarity Matter for Participation? 

      Fuchs-Schündeln, Nicola; Haliassos, Michael (2015-05-19)
      "Household access to financial products is often conditioned on previous use. However, banning access when learning is possible may be discriminatory or counterproductive. The ""experiment"" of German reunification ...