Publications
Books
- Vinzenz Bronzin's Option Pricing Models
Heinz Zimmermann, Wolfgang Hafner, 2009 - Finance compact
Heinz Zimmermann and co-authors | 3rd, revised edition | 2009 - Finance derivatives
Heinz Zimmermann | December 2005 - Microfoundations of Financial Economics : An Introduction to General Equilibrium Asset Pricing
Yvan Lengwiler | 2004 - Global Asset Allocation: New Methods and Applications
H. Zimmermman, W. Drobetz and P. Oertmann | December 2002 - State-Preference-Theorie und Asset Pricing. Eine Einführung
H. Zimmermann | 1998
Yvan Lengwiler
Articles in scholarly journals
Yvan Lengwiler and Carlos Lenz, "Intelligible Factors for the Yield Curve," Journal of Econometrics, 157 (2), August 2010, 481-491 [abstract].
Yvan Lengwiler and Elmar Wolfstetter, "Auctions and Corruption: An Analysis of Bid Rigging by a Corrupt Auctioneer," Journal of Economic Dynamics and Control, 34 (10), October 2010, 1872-1892. [abstract].
Yvan Lengwiler, "Heterogeneous Patience and the Term Structure of Real Interest Rates," American Economic Review 95 (3), June 2005, 890-896 [abstract].
Robert Joerin and Yvan Lengwiler, "Learning from Financial Markets: Auctioning Tariff-Rate Quotas in Agricultural Trade," Swiss Journal of Economics and Statistics 140 (4), December 2004, 521-541 [abstract].
Aleksander Berentsen and Yvan Lengwiler, "Fraudulent Accounting and Other Doping Games," Journal of Institutional and Theoretical Economics 160 (3), September 2004, 402-415 [abstract].
Yvan Lengwiler, "A Monetary Policy Simulation Game for the Classroom," Journal of Economic Education 35 (2), Spring 2004, 175-183 [abstract].
Daniel Heller and Yvan Lengwiler, "Payment Obligations, Liquidity Management, and the Demand for Central Bank Balances," Journal of Monetary Economics 50 (2), March 2003, 419-432 [abstract].
Yvan Lengwiler and Athanasios Orphanides, "Optimal Discretion," Scandinavian Journal of Economics 104 (2), June 2002, 261-276 [abstract].
Daniel Heller and Daniel Heller, "Should the Treasury Price Discriminate? A Procedure for Computing Hypothetical Bid Functions," Journal of Institutional and Theoretical Economics 157 (3), September 2001, 413-429 [abstract].
Yvan Lengwiler, "Die Schweizer UMTS-Auktion," Schweizerische Zeitschrift für Volkswirtschaft und Statistik 137 (2), June 2001, 199-208 [abstract].
Yvan Lengwiler, "MoPoS — A Monetary Policy Simulation Game," Geld, Währung und Konjunktur, Quarterly Bulletin of the Swiss National Bank, March 2001, 38-53, available in English, French, and German [abstract].
Yvan Lengwiler, "The Multiple Unit Auction with Variable Supply," Economic Theory 14 (2), 1999, 373-392 [abstract].
Yvan Lengwiler, "Endogenous Endowments and Equilibrium Starvation in a Walrasian Economy," Journal of Mathematical Economics 30 (1), 1998, 37-58 [abstract].
Yvan Lengwiler, "A Model of Money Counterfeits," Journal of Economics / Zeitschrift für Nationalökonomie 65 (2), 1997, 123-132 [abstract].
Yvan Lengwiler, "Der 'Monetary Conditions Index' für die Schweiz," Geld, Währung und Konjunktur, Quarterly Bulletin of the Swiss National Bank, March 1997, 61-72 [abstract].
Contributions to collective volumes
Yvan Lengwiler, "The Origins of Expected Utility Theory," in: Festschrift for the 100th Aniversery of Vinzenz Bronzin's "Theorie der Prämiengeschäfte," (Heinz Zimmermann and Wolfgang Hafner, eds.) Spinger, 2009, 535-546 [abstract].
Yvan Lengwiler and Elmar Wolfstetter, "Corruption in Procurement Auctions," in: Handbook of Procurement — Theory and Practice for Managers, (Dimitri, Piga, and Spagnolo, eds.), Cambridge University Press, 2006, 412-429 [abstract].
Yvan Lengwiler and Elmar Wolfstetter, "On Some Auction Rules for Amicable Divorce in Equal Share Partnerships," in: Das Ethische in der Ökonomie: Festschrift zum 60. Geburtstag von Hans G. Nutzinger (Thomas Beschorner, Thomas Eger, eds.), Marburg: Metropolis Verlag, 2005, 199-211 [abstract].
Heinz Zimmermann: Selected publications (since 2000)
Articles and Chapters
- "Style Consistency of Hedge Fund Indices across Providers", forthcoming Applied Financial Economics 20, pp. 355-370, 2010 (with Jacqueline Henn Overbeck and Peter Kugler
- "Probabilistic Roots of Financial Modelling: A Historical Perspective", in: Hafner/ Zimmermann Ed. (2009), Chapter 6, pp. 251-291
- "Heterogeneity in Asset Allocation Decisions - Empirical Evidence from Switzerland", International Review of Financial Analysis 18, 2009, pp. 84-93 (with Wolfgang Drobetz, Peter Kugler, Gabrielle Wanzenried)
- "Trust and Success in Venture Capital Financing – an Empirical Analysis with German Survey Data", Kyklos 62, 2009, pp. 15-43 (with Stefan Duffner and Markus Schmid)
- "Conditional Performance Evaluation for German Mutual Equity Funds", European Journal of Finance 15, 2009, pp. 287-316 (with Wolfgang Bessler and Wolfgang Drobetz)
- "The first- and second-hand effect of stock recommendations – New evidence on the price pressure and information hypothesis", European Financial Management Journal 14, 2008, pp. 962-988 (with Markus Schmid, Philipp Schlumpf)
- "Leadership Structure and Corporate Governance in Switzerland", Journal of Applied Corporate Finance 20, 2008, pp. 109-120 (with Markus Schmid)
- "Should Chairman and CEO Be Separated? Leadership Structure and Firm Performance in Switzerland", Schmalenbach Business Review 60 (Zeitschrift für betriebswirtschaftliche Forschung). 2009, pp. 182-204 (with Markus Schmid)
- "Credit risk transfer, hedge funds, and the supply of liquidity", in P. Nobel, M. Gets (Eds.): “Law and Economics of Risk in Finance”, Schulthess, 2007, pp. 41-72.
- "Amazing discovery: Vincenz Bronzin’s Option Pricing Models", Journal of Banking and Finance 31, 2007, pp. 531–546 (with Wolfgang Hafner)
- "Martingales and portfolio selection: A user’s guide", Financial Markets and Portfolio Management 20, 2006, pp. 75-101.
- "An integrated Framework of Corporate Governance and Firm Valuation-Evidence form Switzerland", European Financial Management Journal 12, 2006, pp. 249-283 (with Stefan Beiner, Wolfgang Drobetz, Markus Schmid)
- "A risk-adjusted approach to comparing the return on investment in health care programs", in: International Journal of Health Care, Finance and Economics 4, 2004, pp. 199-210 (with Maiwenn J. Al und Pedram Sendi)
- "Is Board Size an Independent Corporate Governance Mechanism?", Kyklos 57, 2004, pp. 327-356 (with S. Beiner, W. Drobetz, F. Schmid)
- "Corporate Governance and Expected Stock Returns: Evidence from Germany", European Financial Management Journal 10, 2004, pp. 267-293 (with Wolfgang Drobetz and Andreas Schillhofer)
- "Ein Corporate Governance Rating für deutsche Publikumsgesellschaften", Zeitschrift für Betriebswirtschaft (ZfB) 74, 2004, pp. 5-25 (with Wolfgang Drobetz and Andreas Schillhofer)
- "Conditional Asset Pricing in Emerging Stock Markets", Swiss Journal of Economics and Statistics 138, 2002, pp. 507-526 (with Wolfgang Drobetz and Susanne Stürmer)
- "Stock options listings: Information versus liquidity effects", Swiss Journal of Economics and Statistics 138, 2002, pp. 83-97 (with Thomas Kraus)
- "The relation between tracking error and tactical asset allocation", Financial Analysts Journal 57, March/ April, 2001, pp. 32-43 (with Manuel Ammann).
- "On Benchmarks and the Performance of DEM Bond Mutual Funds", Journal of Fixed Income 10, No. 3, 2000, pp. 31-45 (with Felix Maag)
- "The credit model risk of interest rate derivatives and regulatory implications", Journal of Derivatives Trading, Use, and Regulation 6, 2000, pp. 217-229 (with Manuel Ammann)
- "Interest rate risk of financial corporations’ equity returns: A European perspective", European Financial Management Journal 6, 2000, pp. 459-478 (with Peter Oertmann und Christel Rendu)
- "Evaluating the long-term risk of stocks in a portfolio insurance framework", Geneva Papers of Risk and Insurance 25, 2000, pp. 414-428 (with Manuel Ammann)
Book chapters and articles of general interest
- "Sorgenkind Altersvorsorge", Schweizer Monatshefte 983, 2011, pp. 35-37
- "Risiko, Markt und Repräsentation", Uni Nova 113, 2009, pp. 10-12
- "Risiko und Repräsentation: Über Krisen des Finanzsystems", Standards für nachhaltige Finanzmärkte, edited by Brigitte Strebel, Schulthess, 2008, pp. 19-40
- "Lehren aus der Umsetzung kapitalgedeckter Vorsorgesysteme", DVR-Schriften 80, Deutsche Rentenversicherung
Bund/Forschungsnetzwerk Alterssicherung FNA, 2008, pp. 94-100 - "Wertbeitrag und Renditeanforderungen zwischen Markt- und Buchwerten", in: B. Rolfes (Ed.): Herausforderung Bankmanagement – Entwicklungslinien und Steuerungsansätze. Festschrift zum 60. Geburtstag von Henner Schierenbeck, Fritz Knapp, 2006, pp. 633-650
- "Thesen zu einer nachhaltigen Altersvorsorge", in: „NAVOS – Nachhaltige Altersvorsorge Schweiz. Wissenschaftliche Grundlagen zum Umbau“ (H.-P. Burkhard, Ed.), Center for Corporate Sustainability ccrs, pp. 129-165 (with Gesina Luethje) , 2nd Edition 2006.
- "Wieviel Spielraum lassen die globalen Finanzmärkte der persönlichen Verantwortung?", in: „Finanzmärkte und Ethik heute“, Ed. Prinz Philipp von und zu Liechtenstein/ Julian Mahari, Orell Füssli, 2003, pp. 65-84
- "Das Risiko der Vorsorge", Finanzmarkt und Portfolio Management 16, 2002, pp. 155-178 (with Andrea Bubb)
- "Risikomanagement in chaotischen Zeiten. Die Bedeutung sozialwissenschaftlicher Ansätze", in: Integriertes Risikomanagement – Perspektiven einer chancenorientierten Unternehmensführung (Ed. Marco Allenspach), Band 2 der Festschrift für Matthias Haller, Verlag Institut für Versicherungswirtschaft der Universität St. Gallen, 2001, pp. 41-61
Working papers
2010
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2009
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2008
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2007
- Which, Why, and for How Long Do IPOs Underperform?
D. Hoechle and M. Schmid | September 2007 - Estimating the Cost of Executive Stock Options: Evidence from Switzerland
W. Drobetz, P. Pensa and M. Schmid | March 2007 - The cross section of positively weighted portfolios
D. Niedermayer und H. Zimmermann | March 2007 - A Generalization of the Calendar Time Portfolio Approach and the Performance of Private Investors
D. Höchle and H. Zimmermann | February 2007 - Capital structure and stock returns: The European evidence
W. Drobetz and P. Pensa | January 2007 - Firm Characteristics, Economic Conditions and Capital Structure Adjustments
W. Drobetz, P. Pensa and G. Wanzenried | January 2007
2006
- Firm Characteristics and Dynamic Capital Structure Adjustment
W. Drobetz, P. Pensa and G. Wanzenried | December 2006 - The First- and Second-Hand Effect of Analysts' Stock Recommendations - Evidence from the Swiss Stock Market
P. Schlumpf, M. Schmid and H. Zimmermann | November 2006 - Leadership structure and Corporate Governance in Switzerland
M. Schmid and H. Zimmermann | October 2006 - Heterogeneity in Asset Allocation Decisions - Empirical Evidence from Switzerland
W. Drobetz, P. Kugler, G. Wanzenried and H. Zimmermann | October 2006 - Nomen est omen: How company names influence short and long-run stock market performance
P. Pensa | September 2006 - Managerial Incentives and Firm Valuation - Evidence from Switzerland
M. Schmid and H. Zimmermann | May 2006 - "Asset Pricing in Heterogeneous Economies I: Weak Heterogeneity," ETH D-MATH Working Paper, January 2006 [abstract]
Yvan Lengwiler, Semyon Malamud, and Eugene Trubowitz
2005
- Feasible Momentum Strategies - Evidence from Switzerland
D. Rey and M. Schmid | December 2005 - Performance Analysis of Hedge Funds
J. Henn-Overbeck and I. Meier - Hedge Funds: Die "Königsdisziplin" der Kapitalanlage
W. Bessler, W. Drobetz and J. Henn-Overbeck - Independence and Timing: A Comparative Study between Spin-offs and Carve-outs in Europe and the US
W. Drobetz, R. Rüdisüli and H. Zimmermann | October 2005 - A decomposition of option prices
H. Zimmermann - Stocks are not less risky in the long run: A re-examination of recent tests on stock market predictability and asset allocation
D. Rey and H. Zimmermann | August 2005 - Managerial Incenctives and Firm Valuation - Evidence from Switzerland
M. Schmid and H. Zimmermann | August 2005 - Risk, returns, and biases of listed private equity portfolios
S. Bilo, H. Christophers, M Degosciu and H. Zimmermann | March 2005 - Konsistente Interpretation fundamentaler Bewertungsfaktoren
H. Zimmermann | January 2005
2004
- Corporate Governance, Unternehmensbewertung und Wettbewerb - eine Untersuchung für die Schweiz
S. Beiner, W. Drobetz, M. Schmid and H. Zimmermann - Amazing Discovery: Professor Bronzin's Option Pricing Models (1908)
W. Hafner and H. Zimmermann - A Variance Decomposition for Swiss Stock Market Returnsa
D. Rey - Tactical Asset Allocation and Model Uncertainty: An Exploratory Study for the Swiss Stock Market
D. Rey - Tactical Asset Allocation, Parameter Uncertainty, and Intertemporal Hedging: An Exploratory Study for the Swiss Stock Market
D. Rey - Tactical Asset Allocation: An Alternative Definition
D. Rey - Corporate Governance und Unternehmensbewertung in der Schweiz
S. Beiner, W. Drobetz, M. Schmid and H. Zimmermann - An Integrated Framework of Corporate Governance and Firm Valuation - Evidence from Switzerland
S. Beiner, W. Drobetz, M. Schmid and H. Zimmermann | January 2004
2003
- Stock Market Predictability: Is it There? A Critical Review
D. Rey - Principal-Agent Problems in Venture Capital Finance
S. Duffner - Parametric and Nonparametric Estimation of Conditional Return Expectations
W. Drobetz and D. Höchle - Performance of Second Hand Public Investment Recommendations
M. Schmid and H. Zimmermann - Is Board Size an Independent Corporate Governance Mechanism?
S. Beiner, W. Drobetz, M. Schmid and H. Zimmermann - Ein Corporate Governance Rating für deutsche Publikumsgesellschaften
W. Drobetz, A. Schillhofer and H. Zimmermann - What are the Determinants of the Capital Structure? Some Evidence for Switzerland
W. Drobetz and R. Fix - Performance of Initial Public Offerings: The Evidence for Switzerland
W. Drobetz, M. Kammermann and U. Wälchli - Corporate Governance and Expected Stock Returns: Evidence from Germany
W. Drobetz, A. Schillhofer and H. Zimmermann - Corporate Governance - Legal Fiction or Economic Reality?
W. Drobetz
2002
- Getting Even: Contrarian Investment and Event Returns on Earnings Announcements
E. Mertens - Extremal Dependence between Return Risk and Liquidity Risk: An Analysis for the Swiss Market
C. Buhl, C. Reich and P. Wegmann - Are Convertible Bonds Underpriced? An Analysis of the French Market
M. Ammann, A. Kind and C. Wilde - Einsatz des Black-Litterman Verfahrens in der Asset Allocation
W. Drobetz - The Contribution of Asset Allocation Policy to Portfolio Performance
W. Drobetz and F. Köhler - International TAA Strategies and Currencies
E. Mertens and H. Zimmermann
2001
- The Relation between Tracking Error and Tactical Asset Allocation
M. Ammann and C. Reich - VaR for Nonlinear Financial Instruments - Linear Approximation or Full Monte-Carlo?
M. Ammann and C. Reich - Stock Option Listings: Information versus Liquidity Effects
T. Kraus and H. Zimmermann - Wieviel Spielraum lassen die globalen Finanzmärkte der persönlichen Verantwortung?
H. Zimmermann - Publicly Traded Private Equity: An Empirical Investigation
M. Bauer, S. Bilo and H. Zimmermann - Pricing Pension Benefit Guarantees by Term Structure Models
M. Rudolf and H. Zimmermann - Conditional Asset Pricing in Emerging Stock Markets
W. Drobetz, S. Stürmer and H. Zimmermann - Indexation and Tracking Errors
D. Rey and D. Seiler - A Note on the Hansen-Jagannathan Volatility Bounds
D. Rey and D. Seiler
Letzte Änderung: 13.03.2011








