Quantitative Economics

Welcome to the Doctoral Programme Quantitative Economics

 

Established in 2002, the programme is associated with the Institute of Statistics and Econometrics and the Department of Economics, by which it is linked to the Kiel Institute for the World Economy.

Leibnizstraße 1-3

Leibnizstraße 1-3; Foto: Jürgen Haacks, Uni Kiel

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Overview on Erich-Schneider-Seminar

  • Date    

    Dates:

    November 02 2020: Mark Kirstein, LML London

    November 09 2020: Dominik Sachs, München

    November 23 2020: Simon Wiederhold, KU Eichstätt-  Ingolstadt

    December 07, 2020: Michael Berlemann, HSU Hamburg

    January 11, 2021: Jobst Heitzig, PIK

    February 08 2021: Daniel Fricke, Bundesbank

       

    Please also refer to the website of the Kiel Institute for the World Economy for available online-seminars:

    https://www.ifw-kiel.de/institute/events/seminars-workshops/

       

    see full table of Erich-Schneider-Seminar

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News

  • ESS in 2021:

    Next talk in WS 2020/21 on Monday, February 08, 04:15 PM:

    Presentation of

    Daniel Fricke, Bundesbank: Synthetic Leverage, Risk-Taking, and Monetary Policy

    Abstract: A growing literature documents that easy monetary policy facilitates investor risk-taking. In this paper, I propose a new measure of synthetic leverage and provide evidence that German equity funds have been increasing their risk-taking through synthetic leverage from 2015 onwards. In fact, changes in synthetic leverage are closely aligned with the stance of monetary policy. Returns of synthetically leveraged funds (those that make use of risk-taking strategies) tend to be negative on a risk-adjusted basis and these funds underperform other funds significantly. Lastly, while synthetically leveraged funds do not differ in terms of their flow-performance sensitivity, they display larger flow externalities, in particular during volatile market conditions.

    Zoom Link:

    https://uni-kiel.zoom.us/j/85625408164

    Registration period for 1st examination period of winter term 2020/21 will open January 04th - 31st