Household Finance: Legal and Institutional Framework

Project Start: 07/2013
Status: Completed
Researchers: Kai Jungbluth, Kosmas Kaprinis, Thomas Kelm, Katja Langenbucher, Tobias Tröger
Category: Household Finance
Funded by: LOEWE

The project has explored legal household finance literature, legislative action and emerging judicial decisions both in comparative and interdisciplinary perspective. The area of household finance has not only been a long neglected topic in legal research, there is also strong and ongoing legislative activity all over the globe. Hence, there is much groundwork to be done and continued.

The project’s focus has been on developing a roadmap for legislative action including its underpinning theoretical premises, both from an economic as well as from a more policy-oriented viewpoint. Surprisingly, we found very diverse pedigrees of regulatory initiatives, e.g. more liberal, “free-market” oriented approaches versus more paternalistic, “nudging” legislators. Case studies as well as problem studies are under work in order to understand the premises legislators make, as well as work on tools in order to differentiate more promising legislative instruments from less promising ones.

Related Published Papers

Author/s Title Year Program Area Keywords
Katja Langenbucher Household Finance and the Law – A Case Study on Economic Transplants
Financial Regulation: A Transatlantic Perspective (Cambridge University Press)
2015 Household Finance
Kosmas Kaprinis, Katja Langenbucher Private Enforcement of Investor Protection – Is Private Law up for the Challenge? A Glance at the United Kingdom
100 Jahre Rechtswissenschaft in Frankfurt (Vittorio Klostermann)
2014 Household Finance