WHU
Household finance deals with the financial decisions of individuals. Do households participate in the stock market and thereby benefit from the equity risk premium? Are the portfolios of individual investors sufficiently diversified? Do individual investors trade too much, too little, or about right? Does the investment behavior of women and men differ? Unfortunately, individuals sometimes take financial decisions that are harmful to their wealth. Therefore, household finance also deals with potential ways to improve individuals’ decision-making. How does financial advice impact individual investors? Can new regulations improve the situation of households? How does financial technology (FinTech) impact the decision-making of individual investors? Thereby, household finance is equally relevant for researchers, policymakers, financial institutions, and the broader public. The Chair of Household Finance focuses on these topics in its research and teaching.

Publications

Finance and Accounting Group

Braggion, F., Von Meyerinck, F., Schaub, N. (2023), Inflation and individual investors' behavior: evidence from the German hyperinflation, Review of Financial Studies, Vol. 36 (12), pp. 5012–5045.

Finance and Accounting Group

Ammann, M., Schaub, N. (2021), Do individual investors trade on investment-related internet postings?, Management Science, Vol. 67 (9), pp. 5679-5702.

Working papers

Working paper
N. Schaub, F. Braggion, F. von Meyerinck, M. Weber
Working paper
N. Schaub, D. Hoechle, S. Ruenzi, M. Schmid

Teaching

  • Financial Valuation (3rd semester)
  • Asset Management (4th or 5th semester)
  • Bachelor theses
  • Household Finance (2nd semester)
  • Master theses

Our team

Professor Nic Schaub
Professor Nic Schaub
Chairholder Room D-107
Johanna Häring
Johanna Häring
Personal Assistant Room D-119