• Consuming Dividends 

      Bräuer, Konstantin; Hackethal, Andreas; Hanspal, Tobin (2020-05-01)
      This paper studies why investors buy dividend-paying assets and how they time their consumption accordingly. We combine administrative bank data linking customers’ consumption transactions and income to detailed portfolio ...
    • Control Thyself: Self-Control Failure and Household Wealth 

      Biljanovska, Nina; Palligkinis, Spyros (2014-10-09)
      We examine the relationship between household wealth and self-control. Although self-control has been linked to consumption and financial behavior, its measurement remains an open issue. We employ a definition of self-control ...
    • Financial Literacy and Self-Control in FinTech: Evidence from a Field Experiment on Online Consumer Borrowing 

      Bu, Di; Hanspal, Tobin; Liao, Yin; Liu, Yong (2019-10-14)
      We report the results of a longitudinal intervention with students across five universities in China designed to reduce online consumer debt. Our research design allocates individuals to either a financial literacy treatment, ...
    • Smoking Hot Portfolios? Self-Control and Investor Decisions 

      Uhr, Charline; Meyer, Steffen; Hackethal, Andreas (2019-09-01)
      Self-control failure is among the major pathologies (Baumeister et al. (1994)) affecting individual investment decisions which has hardly been measurable in empirical research. We use cigarette addiction identified from ...
    • Smoking Hot Portfolios? Self-Control and Investor Decisions 

      Uhr, Charline; Meyer, Steffen; Hackethal, Andreas (2019-03-01)
      Self-control failure is among the major pathologies (Baumeister et al. (1994)) affecting individual investment decisions which has hardly been measurable in empirical research. We use cigarette addiction identified from ...