Publications

Joint Publications

Blaufus, K., Schöndube, J.R., Wielenberg, S. (2022): Information Sharing between Tax and Statutory Auditors: Implications for Tax Audit Efficiency, European Accounting Review (forthcoming).

Esau, E., Foege, J. N., Jung, C., Piening, E. and Schaeper, T. (2021): Business Model Innovation and Financial Performance: An Institutional Perspective. ICIS 2021 Proceedings.

Becker, J., Hollstein, F., Prokopczuk, M. and Sibbertsen, P. (2021): The memory of beta. Journal of Banking and Finance124, [106026].

Nguyen, D. B. B., Prokopczuk, M. and Sibbertsen, P. (2020): The memory of stock return volatility: Asset pricing implications. Journal of Financial Markets47, [100487]. 

Gassebner, M. and Gnutzmann-Mkrtchyan, A. (2018): Politicized trade: What drives withdrawal of trade preferences? Economics Letters 167: 10-13.

Foege, J.N., Piening, E.P. and Salge, T.O. (2017): Don’t get caught on the wrong foot: A resource-based perspective on imitation threats in innovation partnerships”, International Journal of Innovation Management, 21(03), 1750023-1 – 1750023-42.

Joint Discussion Papers

 

Gassebner, M., Gnutzmann-Mkrtchyan, A. and Méon, P.-G. (2020): Where do Creditor Rights Matter? Creditor Rights, Political Constraints, and Cross-Border M&A Activity.

Dierkes, M.,  Hollstein, F., Prokopczuk, M. and Würsig, C. (2021): Measuring Tail Risk.

Bose, D., Camerer, C., Cordes, H., Nolte, S. and Schneider, J. (2021):  Decision weights for experimental asset prices based on visual salience.

Leschinski, C., Voges, M. and Sibbertsen, P. (2021): A Comparison of Semiparametric Tests for Fractional Cointegration. Statistical Papers 62, 1997 – 2030.

Mohrschladt, H. and Schneider, J. (2021): The information content of ITM-Options for risk-neutral skewness and informed trading.

Kruse, T., Schneider, J. and Schweizer, N. (2020): A toolkit for robust risk assessment using F-divergences

Mohrschladt, H. and Schneider, J. (2020): The idiosyncratic volatility puzzle and it's interplay with sophisticated and private investors

Dräger, L.; Kolaiti, T. and Sibbertsen, P. (2020): Measuring Macroeconomic Convergence and Divergence within EMU Using Long Memory, Hannover Economic Papers Nr. dp-675, Leibniz Universität Hannover.

Dräger, L., Nguyen, D. B. B., Prokopczuk, M. and Sibbertsen, P. (2020): The Long Memory of Equity Volatility and the Macroeconomy: International Evidence

Becker, J., Hollstein, F., Prokopczuk, M. and Sibbertsen, P. (2019): The Memory of Beta Factors

Faße, A., Grote, U. und Weber, C. (2019):  Capital endowment, entrepreneurial activities, income and subjective well-being: Empirical evidence from rural Tanzania

Blaufus, K., Schöndube, J.R. and Wielenberg, S. (2017): The Audit of Deferred Taxes as a Signal for Tax Auditors: Tax Compliance Implications for Private and Public Firms

Nguyen, B., Prokopczuk, M. and Sibbertsen, P. (2017): Long Memory and Stock Returns: A Cross-Sectional Analysis

Publications of Members on the topic

Afzal, A., Sibbertsen, P. (2021): Modelling fractional cointegration between high and low stock prices in Asian countries. Empirical Economics 60, 661 – 682.

Bertram, P., Flock, T., Ma, J. and Sibbertsen, P. (2021): Real Exchange Rates and Fundamentals in a new Markov-STAR Model. Oxford Bulletin of Economics and Statistics, forthcoming.

Leschinski, C., Voges, M., Sibbertsen, P. (2021): Integration and Disintegration of EMU Government Bond Markets. Econometrics 9.

Voges, M., Sibbertsen, P. (2021): Cyclical fractional cointegration. Econometrics and Statistics 19, 114 – 129.

Garcia-Mandico, S., Reichert, A. and Strupat, C. (2021):  The Social Value of Health Insurance: Evidence from Ghana Journal of Public Economics 194.

Blaufus, K., & Milde, M. (2021): Tax misperceptions and the effect of informational tax nudges on retirement savings. Management Science, 67(8), 5011-5031.

Weber, C., Helen, H. and Göbel, M. (2021): Pathways to Sustainable Cross-sector Collaborations – A Configurational Approach. Journal of Business Ethics.

Hollstein, F., Prokopczuk, M. and Tharann, B. (2021): Anomalies in Commodity Futures Markets. Quarterly Journal of Finance, (11). 

Prokopczuk, M., Wese Simen, C. and Wichman, R. (2021): The Natural Gas Announcement Day Puzzle. Energy Journal42(2), 91-112. 

Gneezy, U. and Schröder, M. (2021): Creative solutions: Expertise versus Crowd Sourcing, Economics Bulletin, forthcoming.

Gneezy, U., Laske, K. and Schröder, M. (2021): Teams do not Outperform Individuals in a Simple Creative Task, Applied Economics Letters.

Dräger, L. und Nghiem, G. (2021): Are Consumers' Spending Decisions in Line With an Euler Equation?, The Review of Economics and Statistics, 103(3), 580-596.

Piening, E. P., Thies, F., Wessel, M., & Benlian, A. (2021): Searching for Success—Entrepreneurs’ Responses to Crowdfunding Failure. Entrepreneurship Theory and Practice, 45(3), 626-657.

Dräger, L. und Proaño, C. (2020): Cross-Border Banking and Macroprudential Policies in Asymmetric Currency Unions, Macroeconomic Dynamics, 24(2), 255-290.

Grözinger, N., Irlenbusch, B., Laske, K. and M. Schröder (2020): Innovation and Communication Media in Virtual Teams – An Experimental Study, Journal of Economic Behavior and Organization 180, 201–218.

Petters, L. and Schröder, M. (2020): Negative Side Effects of Affirmative Action – How Quotas Lead to Distortions in Performance Evaluation, European Economic Review 130.

Hollstein, F., Prokopczuk, M. and Wese Simen, C. (2020): Beta uncertainty. Journal of Banking and Finance116, [105834]. 

Wingert, S., Mboya, M., Sibbertsen, P. (2020): Distinguishing between Breaks in the Mean and Breaks in Persistence under Long Memory. Economics Letters 193, 109338.

Hollstein, F., Prokopczuk, M. and Wese Simen, C. (2020): The conditional capital asset pricing model revisited: evidence from high-frequency betas. Management Science66(6), 2474-2494.

Bendig, D., Foege, J.N., Endriss, S., Brettel, M. (2020): “The Effect of Family Involvement on Innovation Outcomes: The Moderating Role of Board Social Capital”, The Journal of Product Innovation Management, 37 (3), 249-272

Schäper, T., Foege, J.N., Schäfer, S., Nüesch, S. (2020): “Determinants of Knowledge Sharing in Crowdsourcing: Evidence from the Automotive Industry”, R&D Management, accepted for publication

Grewe-Salfeld, M., Kruse, D.P., Rövekamp, G. and Weber, C., (2020): Kooperieren für die Nachhaltigkeit – Handbuch zu Strategien und Erfolgsfaktoren am Beispiel der Textilindustrie. Otto Group (Ed.), Hamburg.

D’Acunto, F., Prokopczuk, M. and Weber, M. (2019): Historical antisemitism, ethnic specialization, and financial development. Review of Economic Studies86(3), 1170-1206.

Kruse, T., Schneider, J. and Schweizer, N. (2019): The joint impact of F-divergences and reference models on the contents of uncertainty sets, Operations Research.

Wegener, C., Basse, T., Sibbertsen, P., Nguyen, D.K. (2019): Liquidity Risk and the Covered Bond Market in Times of Crisis: Empirical Evidence from Germany. Annals of Operations Research 282, 407 – 426.

Voges, M., Leschinski, D., Sibbertsen, P. (2019): Seasonal long memory in intraday volatility and trading volume of Dow Jones stocks. Advances in Applied Financial Econometrics.

Wenger, K., Fritzsch, B., Sibbertsen, P., Ullmann, G. (2019): Can Google Trends improve Sales Forecasts on a Product Level? Applied Economics Letters 27, 1409 – 1414.

Leschinski, C., Sibbertsen, P. (2019): Model Order Selection in Seasonal/Cyclical Long Memory Models. Econometrics and Statistics 1, 78 – 94.

Weidner, K., Weber, C. and Göbel, M., (2019): You Scratch My Back and I Scratch Yours: How Social Enterprises and Their Key Partners Legitimize Each Other Through Their Relationship. Business and Society, 58(3): 493-532.

Ahn, D. and Gnutzmann-Mkrtchyan, A. (2019): Indonesia–Import Licensing Regimes: GATT Rules for Agricultural Trade? World Trade Review: 1-22.

Foege, J.N., Lauritzen, G. D., Tietze, F., & Salge, T. O. (2019): “Reconceptualizing the paradox of openness: How solvers navigate sharing-protecting tensions in crowdsourcing”, Research Policy, 48 (6), 1323-1339

Gnutzmann, H., and Gnutzmann-Mkrtchyan, A. (2019): The silent success of customs unions. Canadian Journal of Economics/Revue canadienne d'économique 52.1: 178-224.

Hollstein, F., Prokopczuk, M. & Wese Simen, C. (2019): The Conditional CAPM Revisited: Evidence from High-Frequency Betas, Management Science, forthcoming

Dräger, L. and Nghiem, G. (2018): Are Consumers' Spending Decisions in Line With an Euler Equation?, IPP Discussion Paper, Johannes Gutenberg-University Mainz, 1802.

Dräger, L. and Lamla, M. J. (2018): Is the Anchoring of Consumers' Inflation Expectations Shaped by Experience?, CESifo Working Paper Series No. 7042.

Fiorini, M., Gnutzmann, H., Gnutzmann-Mkrtchyan, A. and B. Hoekman (2018): Voluntary Standards, Trade and Sustainable Development, to appear in World Trade Forum Series 2018 edited by Beverelli, C., Kurtz, J., and D. Raess, Cambridge University Press.

Gnutzmann-Mkrtchyan, A. and Henn, C. (2018): Peeling away the layers: Impacts of durable tariff elimination. Journal of International Economics 115: 259-276.

D’Acunto, F., Prokopczuk, M. & Weber, M. (2018): Historical Antisemitism, Ethnic Specialization, and Financial Development, Review of Economic Studies, forthcoming.

Sibbertsen, P., Leschinski, C. and Busch, M. (2018): A Multivariate Test Against Spurious Long Memory, Journal of Econometrics, 203, 33 – 49.

Wenger, K., Leschinski, C., Sibbertsen, P. (2018): The Memory of Volatiliy. Quantitative Finance and Economics 2, 137 – 159.

Wenger, K., Leschinski, C. and Sibbertsen, P. (2018): A Simple Test on Structural Change in Long-Memory Time Series, Economics Letters 163, 90 – 94.

Sibbertsen, P., Leschinski, C. Busch, M. (2018): A Multivariate Test Against Spurious Long Memory. Journal of Econometrics, 203, 33 – 49.

Busch, M., Sibbertsen, P. (2018): An Overview of Modified Semiparametric Memory Estimation Methods. Econometrics 6, 13.

Wenger, K., Leschinski, C. and Sibbertsen, P. (2018): Change-in-Mean Tests in Long-memory Time Series: A Review of Recent Developments, Advances in Statistical Analysis 103. 237 – 256.

Nolte, S. and Schneider, J. (2018): How price path characteristics shape investment behavior, Journal of Economic Behavior and Organization, 154, 33-59.

Kolodziej, I., Schmitz, H. and Reichert, A. (2018): New Evidence on Employment Effects of Informal Care Provision in Europe (mit und H.), Health Services Research 53(4): 2027-2046.

Reichert, A. and Stroka, M. (2018): Nursing Home Prices and Quality of Care - Evidence from Administrative Data, Health Economics 27(1): 129–140.

Reichert, A. and Tauchmann, H. (2017): Workforce Reduction, Subjective Job Insecurity, and Mental Health, Journal of Economic Behavior and Organization 133: 187–212.

Paloyo, A. R. and Reichert, A. (2017): Biting Back at Malaria: Assessing Health-Service Providers' Compliance with Treatment Guidelines, Review of Development Economics 21(3): 591-626.

Nolte, S. and Schneider, J. (2017): Don’t lapse into temptation: A behavioral explanation for policy surrender, Journal of Banking and Finance, 79, 12-27.

Dräger, L. and Lamla, M. J. (2017): Imperfect Information and Inflation Expectations: Evidence from Microdata, Oxford Bulletin of Economics & Statistics, 79, 933-968.

Dräger, L. and Lamla, M. J. (2017): Explaining Disagreement on Interest Rates in a Taylor-rule Setting, The Scandinavian Journal of Economics, 119, 987-1009.

Foege, J.N., Salge, T.O., Piening, E.P. (2017): “Don’t get caught on the wrong foot: A resourcebased perspective on imitation threats in innovation partnerships”, International Journal of Innovation Management, 21(03), 1750023-1 – 1750023-42

Gnutzmann-Mkrtchyan, A. and Lester, S. (2017): Does Safeguards Need Saving? Lessons from the Ukraine–Passenger Cars Dispute. World Trade Review 16.2: 227-251.

Haak, M., Reineke, R., Weisskirchner-Merten, K. and Wielenberg, S. (2017): One Set or Two Sets of Books: The Impact of a Strategic Tax Auditor, Working Paper.

Prokopczuk, M. and Wese Simen, C. (2017): What makes the market jump, Working Paper.

Weber, C., Weidner, K., Kröger, A., and Wallace, J. (2017): Social Value Creation in Inter-Organizational Collaborations in the Not-for-Profit Sector – Give and Take from a Dyadic Perspective. Journal of Management Studies, 54(6): 929-956.

Weber, C., Bauke, B., and Raibulet, V. (2016): The Relational View and Corporate Venture Capital Investments: An Exploratory Partial Least Squares Analysis. Strategic Entrepreneurship Journal, 10, 274-299.

Piening, E.P., Salge, T.O., & Schäfer, S. (2016): Innovating Across Boundaries: A Portfolio Perspective on Innovation Partnerships of Multinational Corporations. Journal of World Business, 51, 3, 474–485.

Mahayni, A. and Schneider, J. (2016): Minimum return guarantees, investment caps, and investment flexibility, Review of Derivatives Research, 19, 85-111.

Dräger, L.; Lamla, M. J. and Pfajfar, D. (2016): Are Survey Expectations Theory-Consistent? The Role of Central Bank Communication and News, European Economic Review, 85, 84-111.

Dräger, L. (2016): Recursive Inattentiveness with Heterogeneous Expectations, Macroeconomic Dynamics, 20, 1073-1100.

Paloyo, A. R., Reichert, A., Reuss-Borst, M. and Tauchmann, H. (2015): Who responds to financial incentives for weight loss? Evidence from a randomized controlled trial, Social Science & Medicine 145: 44–52.

Reichert, A. (2015): Obesity, Weight Loss, and Employment Prospects – Evidence from a Randomized Trial, Journal of Human Resources 50(3): 759–810.

Augurzky, B., Reichert, A. and Tauchmann, H. (2015): Self-perceived Job Insecurity and the Demand for Medical Rehabilitation: Does Fear of Unemployment Reduce Health Care Utilization?, Health Economics 24(1): 8–25.

Weber, C., Kröger, A. and Demirtas, C. (2015): Scaling social Impact in Europe. A Quantitative Analysis of National and Transnational Scaling Strategies of 358 Social Enterprises. Bertelsmann-Stiftung (Ed.), Bundesverband Deutscher Stiftungen. Gütersloh: Verl. Bertelsmann Stiftung.

Gesing, J., Antons, D., Piening, E.P., Rese, M., & Salge, T.O. (2015): Joining Forces or Going it Alone? On the Interplay between Collaboration Partner Types, Interfirm Governance Modes and Internal R&D. Journal of Product Innovation Management, 32, 3, 424–440.

Piening, E.P., & Salge, T.O. (2015): Understanding the Antecedents, Contingencies, and Performance Implications of Process Innovation: A Dynamic Capabilities Perspective. Journal of Product Innovation Management, 32, 1, 80–97.

Schneider, J. and Schweizer, N. (2015): Robust Measurement of Heavy-Tailed Risks: Theory and Implementation, Journal of Economic Dynamics and Control, 61, 183-203.

Göbel, M., Weber, C. & Vogel, R. (2015): Life-worlds of corporate venturing: A multiple case study on interorganisational knowledge transfer across socio-cultural barriers, International Journal of Knowledge Management Studies, 6(3): 201 - 222.

Reichert, A. and Tauchmann, H. (2014): When Outcome Heterogeneously Matters for Selection: A Generalized Selection Correction Estimator (mit H. Tauchmann), Applied Economics 46(7): 762–768.

Kröger, A. and Weber, C. (2014): Developing a Conceptual Framework for Comparing Social Value Creation. Academy of Management Review, 39(4), 513–540

Ankirchner, S., Schneider, J. and Schweizer, N. (2014): Cross-Hedging Minimum Return Guarantees: Basis and Liquidity Risks, Journal of Economic Dynamics and Control, 41, 93-109.

Paloyo, A. R., Reichert, A., Reinermann, H. and H. Tauchmann (2014): The Causal Link Between Financial Incentives and Weight Loss – An Evidence Based Survey of the Literature, Journal of Economic Surveys 28(3): 401–420.

Salge, T.O., Bohné, T.M., Farchi, T., & Piening, E.P. (2012): Harnessing the Value of Open Innovation: The Moderating Role of Innovation Management. International Journal of Innovation Management, 16, 3, 1–26.

Mahayni, A. and Schneider, J. (2012): Variable annuities and the option to seek risk: Why should you diversify?, Journal of Banking and Finance, 36, 2417-2428.

Lukas, C. and Schöndube, J.R. (2012): Trust and adaptive learning in implicit contracts, Review of Managerial Science, 1 - 32.

Piening, E.P. (2011): Insights into the process dynamics of innovation implementation: The case of public hospitals in Germany. Public Management Review, 13, 1, 127–157.

Branger, N., Mahayni, A. and Schneider, J. (2011): Pricing and upper price bounds of relax certificates, Review of Managerial Science, 5, 309-336.

Schöndube-Pirchegger, B. and Schöndube, J.R. (2011): Reputation Concerns and Herd Behavior of Audit Committees - A Corporate Governance Problem, Journal of Accounting and Public Policy, 327 - 347.

Weber, C. und Weber, B. (2011): Exploring the antecedents of social liabilities in CVC-triads – a dynamic social network perspective, Journal of Business Venturing 26, 255 - 272.

Branger, N., Mahayni, A. and Schneider, J. (2010): On the Optimal Design of Insurance Contracts with Guarantees, Insurance: Mathematics and Economics, 4, 485-492.