Prof. Nic Schaub talks about the role of financial advice for individuals in light of new regulations.
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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.
Inflation and individual investors' behavior: evidence from the German hyperinflation
Braggion, F., von Meyerinck, F., Schaub, N. (Accepted), Review of Financial Studies
Do individual investors trade on investment-related internet postings?
Ammann, M., Schaub, N. (2021), Management Science, Vol. 67 (9), pp. 5679-5702
Financial advice and bank profits
Hoechle, D., Ruenzi, S., Schaub, N., Schmid, M. (2018), Review of Financial Studies, Vol. 31 (11), pp. 4447-4492
The role of data providers as information intermediaries
Schaub, N. (2018), Journal of Financial and Quantitative Analysis, Vol. 53 (4), pp. 1805-1838
The impact of financial advice on trade performance and behavioral biases
Hoechle, D., Ruenzi, S., Schaub, N., Schmid, M. (2017), Review of Finance, Vol. 21 (2), pp. 871-910
Hedge fund liquidity and performance: evidence from the financial crisis
Schaub, N., Schmid, M. (2013), Journal of Banking & Finance, Vol. 37 (3), pp. 671-692
- Financial Valuation (3rd semester)
- Asset Management (4th or 5th semester)
- Bachelor theses
- Household Finance (2nd semester)
- Master theses

