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Welcome to the CFR!

The Centre for Financial Research (CFR) is a research institute at the University of Cologne and conducts independent, cutting-edge research of practical relevance in the area of financial markets. We offer talented students and graduates the opportunity to participate in our research, so that, given adequate abilities and interests, their way into international research may become easier. As a competence centre for finance, the CFR is finding resonance in academia and practitioners. We invite you to be part of the process!

 

News

We are proud to welcome Hannah Winterberg at the CFR. Hannah Winterberg is an Assistant Professor for Banking at the University of Cologne.
Journal of Financial and Quantitative AnalysisThe CFR Working Paper No. 25-01 "A Bayesian Stochastic Discount Factor for the Cross-Section of Individual Equity Options" by Niclas Käfer, Mathis Mörke, Florian Weigert und Tobias Wiest has been accepted for publication in the Journal of Financial and Quantitative Analysis.
Journal of Banking and FinanceThe CFR Working Paper No. 25-02 "Social Media-Based Attention and the Cross-Section of Cryptocurrency Returns" by Arnaud T. Maître, Nikolay Pugachyov and Florian Weigert has been accepted for publication in the Journal of Banking and Finance.
Journal of Risk and InsuranceThe CFR Working Paper No. 25-04 "Extreme Weather Risk and the
Cross-Section of Stock Returns" by Alexander Braun, Julia Braun and Florian Weigert has been accepted for publication in the Journal of Risk and Insurance.
Review of Accounting StudiesThe CFR Working Paper No. 25-04 "Sell-Side Analysts with Accounting Experience" by Christian Andres, Francois Brochet, Peter Limbach and Nicola Schumacher has been accepted for publication in the Review of Accounting Studies.
Journal of Corporate FinanceThe CFR Working Paper No. 22-12 "Birth Order and Fund Manager's Trading Behavior: Role of Sibling Rivalry" by Vikas Agarwal, Alexander Cochardt and Vitaly Orlov has been accepted for publication in the Journal of Corporate Finance.




Responsible for content in the sense of § 18 para. 2 MStV:
Dr. Alexander Pütz
Centre for Financial Research (CFR)
Albertus-Magnus-Platz
50923 Köln
puetz@cfr-cologne.de

CFR Student Group Events

In the winter semester 2025/26, the CFR Student Group will again organize practical lectures for Cologne students. You can find the lectures already planned so far here. The list is constantly updated.

Data and Programs on "Open Source Cross Sectional Asset Pricing"

In CFR Working Paper 20-04, Prof. Tom Zimmermann and Prof. Andrew Y. Chen compile an extensive data set to reproduce 315 cross-sectional stock return predictors. The data set and the associated programs can be downloaded here: https://www.openassetpricing.com/

Sponsoring Members      

Institutional Members

Sponsors CFR Assistant Professorship Sustainable Finance

We would especially like to thank the sponsors whose donations made it possible to establish the Assistant Professorship for Sustainable Finance at the University of Cologne:

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