Research

• Guzmán Gonzáles-Torres, F., Parker, M., Usman, S. (2025), Going NUTS: The regional impact of extreme climate events over the medium term. European Economic Review, forthcoming.
• Jannati, S., Kumar, A., Niessen-Ruenzi, A. und Wolfers, J. (2024). In-group bias on financial markets. Management Science, forthcoming.
• Laudenbach, C., Malmendier, U. und Niessen-Ruenzi, A. (2024). The Long-Lasting Effects of Living Under Communism on Attitudes Towards Financial Markets, Journal of Finance, forthcoming.
• Hillert, A., Niessen-Ruenzi, A. und Ruenzi, S. (2025). Mutual fund shareholder letters : flows, performance, and managerial behavior. Management Science, Vol. 71, pp. 3641-4531, 2025.
• Bogan, V., Kramer, L., Liao, C. und Niessen-Runezi, A. (2024).  Race, Police Violence, and Financial Decision-Making , American Economic Journal: Papers & Proceedings,Vol.114,pp.163–168, 2024.
• Du, M., Niessen-Ruenzi, A. und Odean, T. (2023). Stock repurchasing bias of mutual funds. Review of Finance, Vol. 28, pp. 699–728, 2024.
• Meier, K., Niessen-Ruenzi, A. and Ruenzi, S. (2023). The impact of role models on women's self-selection in competitive environments. Quarterly Journal of Finance, Vol.24, pp. 2440001, 2024. Online Appendix (PDF, 3 MB)
• Chhaochharia, V., Du, M. und Niessen-Ruenzi, A. (2022). Do Counter-Stereotypical Female Role Models Impact Women's Occupational Choices?.  Journal of Economic Behavior & Organization, Vol. 196, pp. 501 -523, 2022.
• John P. Berns, Abu Zafar M. Shahriar, Luisa A. Unda (2021). Delegated monitoring in crowdfunded microfinance: Evidence from Kiva. Journal of Corporate Finance, Vol.66, pp.101864, 2021.
• Addoum, J. M., Kumar, A., Le, N. und Niessen-Ruenzi, A. (2020). Local bankruptcy and geographic contagion in the bank loan market. Review of Finance, Vol. 24, Issue 5, pp. 997–1037, 2020.
• Laudenbach, C., Malmendier, U. und Niessen-Ruenzi, A. (2019). Emotional Tagging and Belief Formation:The Long-Lasting Effects of Living Under Communism on Attitudes Towards Financial Markets. AEA Papers and Proceedings, Vol. 109, pp. 567–71, 2019.
• Becker, D. M., Klüter, H., Niessen-Ruenzi, A. und Weber, M. (2019). Do direct cash payments increase whole blood supply? German Economic Review, Vol. 20, No. 4, pp. 973-1001, 2019.
• Niessen-Ruenzi, A. und Ruenzi, S. (2019). Sex matters: Gender bias in the mutual fund industry (PDF). Management Science, Vol.65, No.7, pp. 2947-3448, 2019.
• Focke, F., Maug, E. und Niessen-Ruenzi, A. (2017). The impact of firm prestige on executive compensation. Journal of Financial Economics, Vol. 123, pp. 313–336, 2017.
• Kumar, A., Niessen-Ruenzi, A. und Spalt, O. G. (2015). What is in a name? Mutual fund flows when managers have foreign-sounding names. Review of Financial Studies, Vol. 28, pp. 2281-2321, 2015.
• Kempf, A., Merkle, C. und Niessen-Ruenzi, A. (2014). Low Risk and High Return – Affective Attitudes and Stock Market Expectations. European Financial Management, Vol. 20, pp. 995-1030, 2014.
• Chhaochharia, V., Kumar, A. und Niessen-Ruenzi, A. (2012). Local Investors and Corporate Governance. Journal of Accounting & Economics, Vol. 54, pp. 42–67, 2012.
• Kuhnen, C. M. und Niessen-Ruenzi, A. (2012). Public Opinion and Executive Compensation. Management Science, Vol. 58, pp. 1249-1272, 2012.
• Finter, P., Niessen-Ruenzi, A. und Ruenzi, S. (2012). The Impact of Investor Sentiment on the German Stock Market. Journal of Business Economics, Vol. 82, pp.133–163, 2012.
• Hess, D. und Niessen-Ruenzi, A. (2010). The Early News Catches the Attention: On the Relative Price Impact of Similar Economic Indicators. The Journal of Futures Markets, Vol. 30, pp. 909–937, 2010.
• Niessen-Ruenzi, A. und Ruenzi, S. (2010). Political connectedness and firm performance: evidence from Germany. German Economic Review, Vol. 11, pp. 441–464, 2010.
• Hess, D., Huang, H. und Niessen-Ruenzi, A. (2008). How do commodity futures respond to macroeconomic news? (PDF) Financial Markets and Portfolio Management, Vol. 22, pp. 127–146, 2008.
• Niessen-Ruenzi, A. (2007). Neuroeconomics. Die Betriebswirtschaft, Vol. 67, pp. 735–739, 2007.

• Usman, S., Parker, M., Vallat, M. (2025). Dry-roasted NUTS: early estimates of the regional impact of 2025 extreme weather. 
• Niessen-Ruenzi, A. , Mueden, V., Zimmerer L. (2025). Financial Socialization and the Gender Investment Gap. (PDF, 686 kB)
• Bogan, V., Kramer, L., Liao, C.,Niessen-Ruenzi, A. (2025). Generational Race-Based Trauma and Financial Market Participation
• Grüner, H.-P., Niessen.-Ruenzi, A., Siemroth, C. (2025). A man’s world? Consumption-based investment in the mutual fund industry
• Meyernick, F., Niessen-Ruenzi, A., Schmid, M. und Solomon, S. D. (2024). As California Goes, So Goes the Nation? Board Gender Quotas and Shareholders’ Distaste of Government Interventions.
• Langer, L. und Niessen-Ruenzi, A. (2024). Gender Stereotypes in Financial Advertisements.
• Ginzinger, L., Li, K., Niessen-Ruenzi, A. und Wang, G. (2024). Productivity Changes around Childbirth: Evidence from the Mutual Fund Industry.
• Niessen-Ruenzi, A. und Zimmerer, L. (2024). The Gender Investment Gap: Reasons and Consequences.
• Niessen-Ruenzi, A., Zimmerer, L. (2023). Do Women Need to Provide More Skill Signals to Advance Their Careers?. SSRN Working Paper Series.
• Chhaochharia, V., Ghosh, S., Niessen-Ruenzi, A. und Schneider, C. (2022). Public Child Care Provision and the Motherhood Penalty. SSRN Working Paper Series. Rochester, NY.
• Niessen-Ruenzi, A. and Schneider, C. (2019). The Gender Pension Gap in Germany (PDF, 342 kB).
• Focke, F., Niessen-Ruenzi, A. and Ruenzi, S. (2016). A friendly turn: advertising bias in the news media. SSRN Working Paper Series. Rochester, NY.
• Jaroszek, L., Niessen-Ruenzi, A. and Ruenzi, S. (2016). Corporate fraud risk and stock market performance. SSRN Working Paper Series. Rochester, NY.
• Niessen-Ruenzi, A., Addoum, J. M. and Le, N. (2014). Contagious Negative Sentiment and Corporate Policies: Evidence from Local Bankruptcy Filings. SSRN Working Paper Series. Rochester, NY.
• Bär, M., Niessen-Ruenzi, A. and Ruenzi, S. (2008). The impact of work group diversity on performance: Large sample evidence from the mutual fund industry (PDF). SSRN Working Paper Series. Rochester, NY.
• Niessen-Ruenzi, A. (2007). Media Coverage and Macroeconomic Information Processing (PDF). SFB 649 Discussion Paper, 07–011. Berlin.
• Celjo-Hörhager, S. and Niessen-Ruenzi, A. (2006). How do self-fulfilling prophecies affect financial ratings? An experimental study. CFR Working Paper, 06–13. Köln: Centre for Financial Research.

r  (PDF, 904 kB)

Governance-Mechanismen und Glaubwürdigkeit im Markt für grüne Anleihen (mit Larissa Ginzinger), Corporate Finance – CF vom 31.05.2024, Heft 05–06 

Behavioral Finance e. V., Band 2: Frauen und Finanzen – Brauchen wir eine rosa Geldanlage?

Leitfaden für Prüfungsausschüsse (Teil I (PDF, 263 kB) + Teil II (PDF, 412 kB)) – (mit Thomas Kremer, Dieter Wemmer, and Axel v. Werder) 

Gender Diversity in der Asset Management Industrie (PDF, 3 MB) – Umfrageergebnisse 2023

Frauennetzwerke in Deutschland – eine umfragebasierte Analyse für Deutschland, 2022.

The Gender Pension Gap in Germany – Reasons and Remedies (mit Christoph Schneider).

Mind Gender Gaps! How Men and Women Get Equal Working Opportunities and Wages.

Gender Diversity in der Asset Management Industrie (PDF, 791 kB) – Umfrageergebnisse 2021

Fearless girls (PDF) – Gründe für den geringen Anteil Frauen in der Finanzbranche, (mit Stefan Ruenzi), 2018.

A Note on Corporate Finance, 2006 (mit Bianca Ahrens), in: WISU 06/06.

• Niessen-Ruenzi, A. (2009). The Price Impact of Macroeconomic News on Capital Markets. Hamburg: Verlag Dr. Kovac.