Four Essays on Performance Measurement

The scope of this project covers the following theoretical and empirical research topics on performance measurement: (1) consistent application of downside-oriented performance measures when transferring the Sharpe characteristics, (2) measurement and analysis of German savings banks’ efficiency focusing on regional differences, (3) explanation of the risk-adjusted outperformance of carry trade strategies, and (4) analysis of downside performance measures and the Sharpe ratio in mean-downside risk space.

Schlagwörter: Downside-Risiko, Effizienzmessung, International Finance, Performancemessung