Working Papers

"Grant me the serenity to accept the things I cannot change,

Courage to change the things I can,

And wisdom to know the difference."

— Reinhold Niebuhr

Working Papers

Oil Price Changes and U.S. Real GDP Growth: Is this Time Different? (with Lanouar Charfeddine and Tony Klein), submitted. [Working Paper]

Stranded Asset Risk and Political Uncertainty: The Impact of the Coal Phase-out on the German Coal Industry (with Miriam Breitenstein, Carl-Philipp Anke, and Duc K. Nguyen), R&R. [Working Paper]

  • Keynote at SOB International Conference, Ho Chi Minh City, May 30, 2020 (online)

Can Bitcoin Investors Profit from Buy, Hold, and Sell Recommendations by Crypto Analysts? (with Dirk Gerristen and Rick Lugtigheid), R&R. [Working Paper]

Empirical Analysis of Illiquidity Premia of German Real Estate Securities (with Thomas Paul and André Küster-Simic), R&R. [Working Paper]

Let's Talk About Risk! The Firm Value Effect of Risk Disclosure for European Energy Utilities (with Maximilian Düsterhöft and Frank Schiemann), submitted. [Working Paper]

Forecasting Realized Volatility of Crude Oil Futures Prices based on Variable Selection Approaches (with Jiawen Luo, Qiang Ji, and Tony Klein), submitted. [Working Paper]

Asset Classes and Portfolio Diversification: Evidence from Stochastic Spanning Approach (with Nikolas Topaglou and Duc K. Nguyen), submitted. [Working Paper]


In Preparation

The Effect of News on Stock Market Volatility: A Systematic Literature Review and Synthesis of Methodological Approaches (with Kai Heinrich and Daniel Vieten)

Synthesising forecasts of load and variable renewable generation for day-ahead, intraday, and balancing market modelling (with Will Zappa and Machteld van den Broek)

The time-varying Relationship between Liquidity and Stock Returns: Evidence from Germany (with Thomas Paul and Abdullah Aryoubi)