Empirical Research on the German Capital Market Book

A	Market Structure and Organization
	Market Design, Trading Behavior and Price Discovery - An Experimental Stock Market Model	3
	Designing an Experimental Stock Market	27
	Private Investor Behavior in Germany: An Empirical Survey and Experimental Results	55
	Market Structure and Bid-Ask Spread	79
	Statutory Induced Switching into a New Market	97
B	Information and Capital Market
	Financial Market Indicators and Real Capital Investment in Germany	113
	Financial Reporting and the Stock Market in Germany	135
C	Risk and Return
	An Investigation into the Number of Factors Generating German Stock Returns	151
	The German Equity Market: Risk, Return, and Liquidity	171
	Estimation and Prediction of Systematic Risk with Market-Based and Accounting-Based Data for German Shares	187
	Measuring Portfolio Performance and the Empirical Content of the APT	207
D	Futures and Options
	Analysis of the Call Policy of Bund, Bahn, and Post in the German Bond Market	233
	Time-lags between Price Changes of Stocks and Stock Options	255
	The Dax Futures Market and Dividends	281
	Impact of Stock Price Jumps on Option Values	303