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Working Paper

Are Characteristics Covariances? A Comment on Instrumented Principal Component Analysis

Christian Fieberg, Lars Hornuf, Gerrit Liedtke, Thorsten Poddig
CESifo, Munich, 2020
CESifo Working Paper No. 8377
Working Paper

Protecting Investors in Equity Crowdfunding: An Empirical Analysis of the Small Investor Protection Act

Maximilian Goethner, Lars Hornuf, Tobias Regner
CESifo, Munich, 2020
CESifo Working Paper No. 8351
Working Paper

Are Sustainability-Oriented Investors Different? Evidence from Equity Crowdfunding

Lars Hornuf, Eliza Stenzhorn, Tim Vintis
CESifo, Munich, 2020
CESifo Working Paper No. 8339
Working Paper

Does a Local Bias Exist in Equity Crowdfunding?

Lars Hornuf, Matthias Schmitt, Eliza Stenzhorn
CESifo, Munich, 2020
CESifo Working Paper No. 8154
Working Paper

Marketplace Lending of SMEs

Douglas J. Cumming, Lars Hornuf
CESifo, Munich, 2020
CESifo Working Paper No. 8100