• Theorie der Finanzmärkte
• Informationsökonomik
• endogenes Wachstum

Cheap Money and Risk Taking: Opacity versus Fundamental Risk, (with Burkhard Drees and Felix Várdy), European Economic Review (forthcoming).

Higher Education: Subsidizing Tuition Versus Subsidizing Student Loans, (with Itzhak Zilcha), Journal of Public Economic Theory (forthcoming).

Financial intermediation and endogenous risk in the banking sector,
(with U. Broll and A. Eickhoff), Economic Modelling 29, 2012, 1618-1622.

Private Investment in Higher Education: Comparing Alternative Funding Schemes,
(with I. Zilcha), Economica (2012) 79, 76-96

Improvement in information and private investment in education,
(with I. Zilcha), Journal of Economic Dynamics and Control, 34(4), 2010, 585-597.

Implications of more precise information for technological development and economic welfare
(with B. Drees) Journal of Economic Dynamics and Control, 34(2), 2010, 266-279.

Modelling Information and Hedging: The Exporting Firm,
(with U. Broll), Economic Modelling, 26, 2009, 974-977.

A Futures Market for International Trade,
(with Udo Broll), Trade and Development Review, 2, 2009, 1-8.

The Competitive Firm Under Price Uncertainty: The Role of Information and Hedging,
(with U. Broll), Decisions in Economics and Finance, 31, 2008, 1-11.

Efficiency of Screening and Labor Income Inequality, (with I. Zilcha),
Journal of Public Economic Theory, 10(1), 2008, 77-98.

The Effect of Better Information on Income Inequality, (with I. Zilcha),
Economic Theory, 32, 2007, 287-307.

Rationally Mispriced Assets in Equilibrium, (with A. Szczutkowski),
Spanish Economic Review, 8, 2006, 285-299.

Transparency in the Interbank Market and the Volume of Bank Intermediated Loans,
(with U. Broll), International Journal of Economic Theory, 2, 2006, 123-133.

Transparency in the Foreign Exchange Market and the Volume of International Trade,
(with U. Broll), Review of International Economics, 14(4), 2006, 571-581.

Economic Implications of Better Information in a Dynamic Framework, (with I. Zilcha),
Economic Theory, 24, 2004, 561-581.

Welfare Effects of Transparency in Foreign Exchange Markets: The Role of Hedging Opportunities, (with B. Drees),
Review of International Economics, 11(3), 2003, 453-463.

Incomplete Risk Sharing Arrangements and the Value of Information, (with I. Zilcha),
EconomicTheory, 21, 2003, 43-58.

The Value of Information in Production Economies, (with I. Zilcha),
Journal of Economic Theory, 100, 2001, 172-186.

Market Structure and Multiperiod Hedging, (with U. Broll),
International Review of Economics and Finance, 9, 2000, 291-298.

Leverage and the Price Volatility of Equity Shares in Equilibrium, (with B. Drees),
The Quarterly Review of Economics and Finance, 40, 2000, 155-167.

Price Volatility and Risk with Non-Separability of Preferences, (with B. Drees),
Mathematical Social Sciences, 39(1), 2000, 21-34.

Exchange Rate Volatility and International Trade, (with U. Broll),
Southern Economic Journal, 66(1), 1999, 178-185.

Exports and Indirect Hedging of Foreign Currency Risk, (with U. Broll),
Japanese Economic Review, 50(3), 1999, 356-362.

International Trade and the Risk Premium in the Currency Forward Market, (with U. Broll),
Journal of Economic Integration, 13(4), 1998, 663-674.

Export and Hedging Decision With State Dependent Utility, (with U. Broll),
International Review of Economics and Finance, 7(3), 1998, 247-253.

Intrinsic Bubbles and Asset Price Volatility, (with B. Drees),
Economic Theory, 9(3), 1997, 499-510.