Publications

N°25-108: Fixed-Income Pricing and the Replication of Liabilities

D. Filipović
Working Papers
18 Dec. 2025

N°25-107: The Impact of Credit Default Swaps on Systemic Risk: Macroprudential Solvency and Liquidity Stress Testing

W. Farkas, F. Sandmeier
Working Papers
12 Dec. 2025

N°25-106: Limits To (Machine) Learning

S. Malamud, Z. Chen, B. T. Kelly
Working Papers
12 Dec. 2025

N°25-105: Passive Investors and Loan Spreads

K. Adler, S. Doerr, S. Zhu
Working Papers
3 Dec. 2025

N°25-104: Market-Based Green Firms

K. Adler, O. Rehbein, M. Reiner, J. Zeng
Working Papers
3 Dec. 2025

N°25-103: Organizational Ethics in Action: The Use of Contemplation Questions as Decision Aids in Large Companies

A. Wagner, M. Baader, B. Renerte, C. Tanner, N. Witt
Working Papers
3 Dec. 2025

N°25-102: Fiscal Imbalances and Asset Returns: Cross Sector Fluctuations under the Aggregate Budget Constraint

A. Plazzi, J. Gao, R. Valkanov, Y. Xu
Working Papers
1 Dec. 2025

N°25-101: Who Pays for Higher Energy Prices? Distributional Effects in the Housing Market

F. Amaral, S. Zetzmann
Working Papers
1 Dec. 2025

N°25-100: Passive Ownership and Corporate Bond Lending

A. Goyal, Y. Nozawa, Y. Qiu
Working Papers
1 Dec. 2025

N°25-99: Dividend-Price Ratios and Payout Constraints

A. Goyal, I. Welch
Working Papers
28 Nov. 2025

N°25-98: Biodiversity Impacts of Renewable Energy

Z. Sautner, H. Gong, C. Lin, T. Schmid
Working Papers
28 Nov. 2025

Private Markets at a Crossroads—Growth, Frictions, and What Comes Next

R. Fahlenbrach, V. Pursiainen
Roundups
13 Nov. 2025

N°25-97: Benign Granularity in Asset Markets

S. Malamud, S. Glebkin, A. Teguia
Working Papers
11 Nov. 2025

N°25-96: Understanding The Virtue of Complexity

S. Malamud, B. Kelly
Working Papers
11 Nov. 2025

N°25-95: What 200 Years of Data Tell Us About the Predictive Variance of Long-Term Bonds

C. Gao, P. Della Corte, D. P.A. Preve, G. Valente
Working Papers
11 Nov. 2025
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