Frontaler Blick auf das D4 Gebäude.

Finance Brown Bag Seminar

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The Finance Brown Bag Seminar is held jointly with the Vienna Graduate School of Finance (VGSF) and serves as a presentation platform for PhD students, faculty members, and visitors. It usually takes place on Wednesdays from 12:00 to 13:00 (location tba). For further information, please contact

Summer Term 2021

  • July 7, 2021, 11 - 12 am

    Andreas Neuhierl (Washington University in St. Louise).
    Title: "Option Characteristics as Cross-Sectional Predictors".

    Room: D4.4.008 or online via MS Teams with the followng link.
    The meeting will open at 10:45 a.m. for you to dial in.

  • June 23, 2021, 12:00-13:00, online via Teams
    The seminar will take place on Teams; you can access starting from 10:45 a.m. at the following link

    Özlem Dursun-de Neef (Goethe-Universität Frankfurt am Main)
    Title: How do banks propagate economic shocks?

    This paper exploits the COVID-19 pandemic as a negative shock on firm revenues in affected industries and studies the transmission of this shock to the rest of the economy via banks. We use the ex ante heterogeneity in the amount of loans issued to the affected industries to measure the variation in banks’ exposure to the negative shock. Using detailed credit register data from Turkey, we show that banks transmitted the negative shock by a reduction in their loan supply: A 1 percentage point increase in banks’ exposure led to a 0.74 percent decline in their lending. The reduction is of similar size across firms in more- and less-affected industries. The effect persists at the firm level suggesting that firms could not entirely switch to other banks to avoid the reduction. Large firms with more than 500 employees and firms with an existing relationship to state-owned banks could alleviate the size of the negative effect.

  • May 14th, 2021, 12:30 - 13:30, online via MS Teams
    The seminar will take place on Teams; you can access starting from 10:45 a.m. at the following link

    Alessandro Melone (VGSF, Vienna University of Economics and Business)

    Title: Consumption and Stock Returns: Levels vs. Growth for Conditional Asset Pricing