Department of Finance

Associate professor

Room: SOL/A4

Marcel Fischer (born Marekwica) has specialized in studying how market imperfections influence portfolio decisions and asset prices. He has published in academic journals such as the Journal of Financial Economics, the Review of Financial Studies, and the Review of Finance.

Primary research areas

Portfolio Management and Financial Economics

Administrative tasks

Link to this homepage


Other teaching activities

Selected publications


Publications sorted by:
Marcel Fischer; Natalia Khorunzhina / Housing Decision with Divorce Risk
In: International Economic Review, Vol. 60, No. 3, 8.2019, p. 1263-1290
Journal article > peer review
Marcel Fischer; Bjarne Astrup Jensen / The Debt Tax Shield in General Equilibrium
In: Journal of Banking & Finance, Vol. 100, 3.2019, p. 151-166
Journal article > peer review
Marcel Fischer; Natalia Khorunzhina / Housing Decision with Divorce Risk
München : Munich Personal RePEc Archive 2018, 46 p. (MPRA Paper, No. 90090)
Working paper
Marcel Fischer; Roland Füss; Simon Stehle / Spillover Effects in Residential House Price
Paper presented at European Financial Management Association 2018 Annual Meetings, 2018
Paper > peer review
Marcel Fischer; Michael Gallmeyer / Taxable and Tax-deferred Investing with the Limited Use of Losses
In: Review of Finance, Vol. 21, No. 5, 9.2017, p. 1847-1873
Journal article > peer review
Marcel Fischer; Michael Gallmeyer / Heuristic Portfolio Trading Rules with Capital Gain Taxes
In: Journal of Financial Economics, Vol. 119, No. 3, 3.2016, p. 611–625
Journal article > peer review
Marcel Fischer; Bjarne Astrup Jensen / Taxation, Transfer Income and Stock Market Participation
In: Review of Finance, Vol. 19, No. 2, 2015, p. 823-863
Journal article > peer review
Marcel Marekwica; Bertram I. Steininger / The Tradeoff Between Mutual Fund and Direct Stock Investments : A Theoretical Analysis Involving Different Types of Investors.
In: Review of Managerial Science, Vol. 8, No. 2, 2014, p. 197–224
Journal article > peer review
Marcel Fischer; Holger Kraft; Claus Munk / Asset Allocation Over the Life Cycle : How Much do Taxes Matter? .
In: Journal of Economic Dynamics and Control, Vol. 37, No. 11, 11.2013, p. 2217-2240
Journal article > peer review
Marcel Marekwica; Alexander Schaefer; Steffen Sebastian / Life Cycle Asset Allocation in the Presence of Housing and Tax-Deferred Investing
In: Journal of Economic Dynamics and Control, Vol. 37, No. 6, 6.2013, p. 1110-1125
Journal article > peer review
More results... (total 18 results)
Academic Interests

Research Projects
Outside activities

Nothing to report