Over the past years an interest in Culture has increased among financial scholars. We provide a survey using financial research-articles with an explicit focus on Culture and relying on a systematic screening of 21 academic journals in Finance and beyond. While we can identify three financial topics at large, we note an overwhelming diversity of approaches in the way culture is conceptualized a...

My research focuses on corporate finance and behavioral finance and includes empirical and applied theory papers. My work in corporate finance specifically aims at providing clean and novel empirical evidence on the real effects induced by frictions in the market for financing. My main contributions in this area have been to investigate (1) the role of real estate collateral on economic activit...

Modern financial science is always looking for cause-and-effect relationships in practice. And to help her come not quite traditional methods and spheres of influence inherent behavioral finance psychology. Goal. The aim the article study similarities differences between psychology determine whether two sciences are identical or their functioning distinguished by certain contradictions. Method....