{"id":21,"date":"2020-04-13T16:52:52","date_gmt":"2020-04-13T16:52:52","guid":{"rendered":"http:\/\/christoph-hambel.de\/?page_id=21"},"modified":"2026-05-30T21:09:05","modified_gmt":"2026-05-30T21:09:05","slug":"publications","status":"publish","type":"page","link":"http:\/\/christoph-hambel.de\/?page_id=21","title":{"rendered":"Publications"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2026\/05\/TemperatureDisasters__QE_.pdf\">Three Reasons to Price Carbon under Uncertainty: Accuracy of Simple Rules<\/a><\/strong> (with <a href=\"https:\/\/sites.google.com\/view\/tonvandenbremer\/home\">Ton S. van den Bremer<\/a> and <a href=\"https:\/\/rickvanderploeg.wordpress.com\/\">Frederick van der Ploeg<\/a>), <em>Quantitative Economics<\/em>, forthcoming, 2026\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/zenodo.org\/records\/20075290\">Replication Package<\/a> <\/li>\n\n\n\n<li><a href=\"https:\/\/cepr.org\/voxeu\/columns\/new-way-price-carbon-understanding-social-cost-carbon\">VOXEU Column<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2026\/05\/Poster-vdBHvdP-2026-QE.html\">Summary for Practitioners<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S1544612325010207\">Dynamic Portfolio Choice with Regret Aversion and Rejoicing<\/a><\/strong> (with <a href=\"https:\/\/research.tilburguniversity.edu\/en\/persons\/djep-doreleijers\">Djep Doreleijers<\/a>), <em>Finance Research Letters<\/em>, Vol. 84, 107762, 2025 \n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/ars.els-cdn.com\/content\/image\/1-s2.0-S1544612325010207-mmc1.pdf\">Online Appendix<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0304393225000510\">Policy Transition Risk, Carbon Premiums, and Asset Prices<\/a><\/strong><\/strong> (with <a href=\"https:\/\/rickvanderploeg.wordpress.com\/\">Frederick van der Ploeg<\/a>), <em>Journal of Monetary Economics<\/em>, Vol. 152, 103780, 2025, \n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2025\/04\/HvdP-2025-JME-Online-Appendix.pdf\">Online Appendix<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/doi.org\/10.3886\/E224281V1\">Replication Material<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2026\/05\/Poster-HvdP-2025-JME.html\">Summary for Practitioners<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S1057521925001292\">Reevaluating the Carbon Premium: Evidence of Green Outperformance<\/a><\/strong><\/strong> (with <a href=\"https:\/\/www.linkedin.com\/in\/floorvdsanden\/?originalSubdomain=nl\">Floor van der Sanden<\/a>), <em>International Review of Financial Analysis<\/em>, Vol. 102, 104042, 2025\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2024\/05\/HvdS24-OA.pdf\">Online Appendix<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2026\/05\/Poster-HvdS-2025-IRFA.html\">Summary for Practinioners<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0165176524006335?via%3Dihub\">Green Investors and the Return on Capital in General\u00a0Equilibrium<\/a><\/strong><\/strong> (with <a href=\"https:\/\/www.saduineveld.com\/\">Sijmen Duineveld<\/a> and <a href=\"https:\/\/www.pik-potsdam.de\/members\/lessman\">Kai Lessmann<\/a>), <em>Economics Letters<\/em>, Vol. 247, 112149, 2025\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/ars.els-cdn.com\/content\/image\/1-s2.0-S0165176524006335-mmc1.pdf\">Online Appendix<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/iere.12691\">Asset Diversification versus Climate Action<\/a><\/strong> (with <a href=\"https:\/\/sites.google.com\/site\/hkraftfinance\/\">Holger Kraft<\/a> and <a href=\"https:\/\/rickvanderploeg.wordpress.com\/\">Frederick van der Ploeg<\/a>), <em>International Economic Review<\/em>, Vol. 65, 1323-1355, 2024\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2024\/01\/HKvdP-IER-2024-Online-Appendix.pdf\">Online Appendix<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.openicpsr.org\/openicpsr\/project\/198001\/version\/V1\/view\" data-type=\"link\" data-id=\"https:\/\/www.openicpsr.org\/openicpsr\/project\/198001\/version\/V1\/view\">Replication Material<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2026\/05\/Poster-HKvdP-2024-IER.html\">Summary for Practitioners<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0378426623001656\" target=\"_blank\" rel=\"noreferrer noopener\">When Should Retirees Tap Their Home Equity?<\/a><\/strong>\u00a0(with <a href=\"https:\/\/sites.google.com\/site\/hkraftfinance\/\">Holger Kraft<\/a> and <a href=\"https:\/\/www.linkedin.com\/in\/andre-meyer-wehmann\/?originalSubdomain=de\">Andr\u00e9 Meyer-Wehmann<\/a>), <em>Journal of Banking & Finance<\/em>, Vol. 154, 106967, 2023<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.tandfonline.com\/doi\/full\/10.1080\/03461238.2021.1966831\" target=\"_blank\" rel=\"noreferrer noopener\">Solving Life Cycle Problems with Biometric Risk by Artificial Insurance Markets<\/a><\/strong>\u00a0(with <a href=\"https:\/\/sites.google.com\/site\/hkraftfinance\/\">Holger Kraft<\/a> and <a href=\"https:\/\/sites.google.com\/view\/clausmunk\/home\">Claus Munk<\/a>), <em>Scandinavian Actuarial Journal<\/em>, Issue 4, 307-302, 2022<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0022199621000672\" target=\"_blank\" rel=\"noreferrer noopener\">The Social Cost of Carbon in a Non-cooperative World<\/a><\/strong>\u00a0(with <a href=\"https:\/\/sites.google.com\/site\/hkraftfinance\/\">Holger Kraft<\/a> and <a href=\"https:\/\/www.anderson.ucla.edu\/faculty-and-research\/finance\/faculty\/schwartz\">Eduardo S. Schwartz<\/a>), <em>Journal of International Economics<\/em>, Vol. 131, 103490, 2021, \n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2021\/05\/Online_Appendix_HKS2021_JIE.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Online Appendix<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.openicpsr.org\/openicpsr\/project\/139921\/version\/V1\/view\" data-type=\"link\" data-id=\"https:\/\/www.openicpsr.org\/openicpsr\/project\/139921\/version\/V1\/view\">Replication Material<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2026\/05\/Poster-HKS-2021-JIE.html\">Summary for Practitioners<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.wiwi.uni-frankfurt.de\/en\/research\/careers-in-research\/sturm-drang-prize\">Sturm & Drang Prize 2021<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0014292120302725\" target=\"_blank\" rel=\"noreferrer noopener\">Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change<\/a><\/strong> (with <a href=\"https:\/\/sites.google.com\/site\/hkraftfinance\/\">Holger Kraft<\/a> and <a href=\"https:\/\/www.anderson.ucla.edu\/faculty-and-research\/finance\/faculty\/schwartz\">Eduardo S. Schwartz<\/a>), <em>European Economic Review<\/em>, Vol. 132,\u00a0103642, 2021\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2020\/12\/online_hks_carbon.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Online Appendix<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2026\/05\/Poster-HKS-2021-EER.html\">Summary for Practitioners<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0167668720300160\" target=\"_blank\" rel=\"noreferrer noopener\">Health Shock Risk, Critical Illness Insurance, and Housing Services<\/a><\/strong>,\u00a0<em>Insurance: Mathematics and Economics, <\/em>Vol.<em>\u00a0<\/em>91, 111-128, 2020<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1111\/jori.12149\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Life Insurance Demand under Health Shock Risk<\/strong><\/a>\u00a0(with <a href=\"https:\/\/sites.google.com\/site\/hkraftfinance\/\">Holger Kraft<\/a>, <a href=\"https:\/\/www.linkedin.com\/in\/dr-lorenz-schendel\/?originalSubdomain=de\">Lorenz S. Schendel<\/a>, and <a href=\"https:\/\/sites.google.com\/site\/steffensenmogens\/\">Mogens Steffensen<\/a>),\u00a0<em>Journal of Risk and Insurance, <\/em>Vol.\u00a084, 1171-1202, 2017\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/christoph-hambel.de\/wp-content\/uploads\/2020\/12\/online_hkss_jori.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Online Appendix<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/template_fullwidth.php","meta":{"footnotes":""},"class_list":["post-21","page","type-page","status-publish","hentry","col-lg-4 col-md-6"],"_links":{"self":[{"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=\/wp\/v2\/pages\/21","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21"}],"version-history":[{"count":176,"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=\/wp\/v2\/pages\/21\/revisions"}],"predecessor-version":[{"id":1611,"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=\/wp\/v2\/pages\/21\/revisions\/1611"}],"wp:attachment":[{"href":"http:\/\/christoph-hambel.de\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}