Publications

• 2026

  • R. Baule, O. Beckmann, C. Tallau
    Bank Capital Regulation and the Sovereign-Bank Nexus: Evidence from European Banks.
    Forthcoming: Journal of Financial Regulation and Compliance.
  • F. Jensen
    Aufmerksamkeit und Informationsdefizite auf dem deutschen Markt der strukturierten Finanzprodukte im Zusammenhang mit wirtschaftlichen Umbrüchen.
    Berliner Wissenschafts-Verlag, Stuttgart, 2026.
  • S. Schlie, X. Zhou
    Interday Cross-Sectional Momentum: Global Evidence and Determinants.
    Finance 47 (1/2026), 97–141.

• 2024

  • R. Baule, B. Frijns, S. Schlie
    Feedback Trading: The Intraday Case of Retail Derivatives.
    Journal of Futures Markets 44 (9/2024), 1487–1507.

• 2023

  • R. Baule, P. Münchhalfen, D. Shkel, C. Tallau
    Fair-washing in the market for structured retail products? Voluntary self-regulation versus government regulation.
    Journal of Banking & Finance 148 (3/2023), 106749.

• 2022

  • R. Baule
    Counterparty Risk Allocation.
    Journal of Risk 25 (1/2022), 49–74.
  • R. Baule, M. Naumann
    Flexible Short-Term Electricity Certificates—An Analysis of Trading Strategies on the Continuous Intraday Market.
    Energies 15 (17/2022), 6344.
  • R. Baule, P. Rosenthal, D. Shkel
    Barrier Option Pricing with Trading and Non-Trading Hours.
    Wilmott Magazine 119 (5/2022), 44–50.
  • R. Baule, P. Münchhalfen
    What is your Desire? Retail Investor Preferences in Structured Products.
    Review of Behavioral Finance 14 (2/2022), 197–222.
  • R. Baule, O. Entrop, S. Wessels
    Performance Measurement for Option Portfolios in a Stochastic Volatility Framework.
    Quantitative Finance 22 (3/2022), 519–539.
  • R. Baule, P. Rosenthal
    Time-Discrete Hedging of Down-and-Out Puts with Overnight Trading Gaps.
    Journal of Risk and Financial Management 15 (1/2022), 29.

• 2021

  • R. Baule, C. Tallau
    The Risk Sensitivity of Basel Risk Weights and Loan Loss Provisions: Evidence from European Banks.
    European Journal of Finance 27 (18/2021), 1855–1886.
  • R. Baule, D. Shkel
    Model Risk and Model Choice in the Case of Barrier Options and Bonus Certificates.
    Journal of Banking & Finance 133 (12/2021), 106307.
  • R. Baule, M. Naumann
    Volatility and Dispersion of Hourly Electricity Contracts on the German Continuous Intraday Market.
    Energies 14 (22/2021), 7531.
  • R. Baule
    Credit Risk in Derivative Securities—A Simplified Approach.
    Journal of Futures Markets 41 (5/2021), 641–657.
  • P. Münchhalfen, R. Gaschler
    Attention Distribution of Current Key Investor Documents—Standardization as a Long-Term Goal of the PRIIP Regulation.
    Journal of Consumer Policy 44 (1/2021), 73–94.

• 2019

  • K. Niehoff, P. Laskowski
    Price Differences between Voting and Non-Voting Shares in Crisis and Boom.
    Management International 23 (2019), 64–84.
  • R. Baule
    The Cost of Debt Capital Revisited.
    Business Research 12 (2/2019), 721–753.
  • R. Baule, O. Korn, L.-C. Kuntz
    Markowitz with Regret.
    Journal of Economic Dynamics and Control 103 (6/2019), 1–24.
  • R. Baule, H. Wilke
    Of Leaders and Followers—An Econometric Analysis of Equity Analysts and Stock Market Investors.
    International Journal of Finance and Economics 24 (1/2019), 508–526.

• 2018

  • M. R. W. Hiebl, R. Baule, A. Dutzi, M. T. Menk, V. Stein, A. Wiedemann
    Roles and Actors in Risk Governance.
    Journal of Risk Finance 19 (4/2018), 318–326.
  • R. Baule, B. Frijns, M. Tieves
    Volatility Discovery and Volatility Quoting on Markets for Options and Warrants.
    Journal of Futures Markets 38 (7/2018), 758–774.
  • R. Baule, C. Tallau
    Minimum capital under Basel III: Adequate for the next crisis?
    FIRM Yearbook 2018, 135–137.

• 2017

  • R. Baule, P. Münchhalfen, D. Shkel
    Disclosure of fair certificate prices using the Issuer Estimated Value.
    FIRM Yearbook 2017, 182–184.

• 2016

  • R. Baule, H. Wilke
    Existence and Exploitability of Financial Analysts' Informational Leadership.
    Applied Finance Letters 5 (2/2016), 2–11.
  • K. Niehoff
    Price Discovery in Voting and Non-Voting Stocks.
    Schmalenbach Business Review 17 (3/2016), 285–307.
  • R. Baule, C. Tallau
    Revisiting Basel Risk Weights—Cross-Sectional Risk Sensitivity and Cyclicality.
    Journal of Business Economics 86 (8/2016), 905–931.
  • R. Baule, O. Korn, S. Saßning
    Which Beta is Best? On the Information Content of Option-Implied Betas.
    European Financial Management 22 (3/2016), 450–483.
  • P. Blonski, S. C. Blonski
    Are individual investors dumb noise traders?
    Qualitative Research in Financial Markets 8 (1/2016), 45–69.
  • R. Baule, C. Tallau
    Stock Returns Following Large Price Changes and News Releases—Evidence from Germany.
    Credit and Capital Markets 49 (1/2016), 57–91.
  • R. Baule, C. Soost
    Pay for Performance Versus Nonfinancial Incentives in Small and Medium-Sized Enterprises.
    International Journal of Entrepreneurial Venturing 8 (1/2016), 24–45.

• 2015

  • R. Baule, C. Tallau
    Risk weighting and risk sensitivity.
    FIRM Yearbook 2015, 26–28.
  • R. Baule, P. Blonski
    The Demand for Warrants and Issuer Pricing Strategies.
    Journal of Futures Markets 35 (12/2015), 1195–1219.
  • R. Baule, P. Blonski
    The Demand Function for Bank-Issued Warrants.
    Applied Finance Letters 4 (1&2/2015), 12–19.
  • R. Baule, P. Blonski, T. Demmer, A. Wiedemann
    Persuasion of Individual Investors by Scenarios.
    Schmalenbach Business Review 67 (7/2015), 333–348.

• 2014

  • R. Baule, C. Tallau
    New paradigms in banking supervision?
    FIRM Yearbook 2014, 23–24.
  • R. Baule
    Allocation of Risk Capital on an Internal Market.
    European Journal of Operational Research 234 (1/2014), 186–196.

• 2013

  • R. Baule, A. Wiedemann
    Regulation of the issuance of structured financial products for retail investors.
    FIRM Yearbook 2013, 103–104.
  • R. Baule, C. Tallau
    Stock Price Dynamics of Listed Growth Companies—Evidence from the Options Market.
    The IUP Journal of Applied Finance 19 (1/2013), 5–26.
    Download (Preprint via SSRN).