Vienna Symposium on Foreign Exchange Markets
The WU Research Institute for Capital Markets (ISK) will organize the annual Vienna Symposium on Foreign Exchange Markets from August 17-18, 2020 in Vienna at Palais Coburg.
Research on risk premia, factors, and predictive regressions has traditionally focused on equity markets, while research on foreign exchange has been lagging despite its huge potential. Currently, the low yield environment, large international portfolio flows and unconventional monetary policy have made it crucial for asset managers to incorporate FX strategies and FX risk management. We therefore welcome papers on FX risk premia, FX strategies, FX valuation, FX and monetary policy, Emerging Market currencies, currency pegs, FX regimes, FX and business cycle, etc.
In addition to the above-mentioned research themes, we particularly encourage the submission of papers that deal with the interaction of FX and bond markets.
The Global Factor Structure of Exchange Rates
Sofonias Korsaye (University of Geneva, Swiss Finance Institute), Fabio Trojani (University of Geneva, Swiss Finance Institute), Andrea Vedolin (Boston University)
Discussant: Pasquale Della Corte (Imperial College Business School)
Currency Investing Throughout Recent Centuries
Joseph Chen (University of California)
Discussant: Magnus Dahlquist (Stockholm School of Economiccs)
Lukas Kremens (University of Washington)
Discussant: Michael Weber (University of Chicago)
Asymmetric Information Risk in FX Markets
Angelo Ranaldo (University of St.Gallen), Fabricius Somogyi (University of St.Gallen)
Discussant: Martin Evans (Georgetown University)
A Portfolio Approach to Global Imbalances and Low Interest Rates
Zhengyang Jiang (Northwestern University), Robert Richmond (New York University), Tony Zhang (Boston University)
Discussant: Ralph Koijen (University of Chicago)
Unconventional Monetary Policy and Covered Interest Rate Parity Deviations: Is there a Link?
Ganesh Viswanath-Natraj (Warwick Business School)
Discussant: Adrien Verdelhan (MIT)
Dominant Currency Debt
Egemen Eren (Bank for International Settlements), Semyon Malamud (Swiss Finance Institute)
Discussant: Hanno Lustig (Stanford Graduate School of Business)
The U.S. Public Debt Valuation Puzzle
Zhengyang Jiang (Northwestern Kellogg), Hanno Lustig (Stanford Graduate School of Business), Stijn Van Nieuwerburgh (Columbia University), Mindy Z. Xiaolan (University of Texas at Austin)
Discussant: Lukas Schmid (Duke University)
There is no conference fee for presenters of accepted papers and discussants. Presenters and discussants will also receive free accommodation, lunch, and conference dinners at the conference venue. We expect participants to cover their own travel expense. The conference fee (not including dinners) for participants without active role is EUR 500.
Chair of the Program Committee: Josef Zechner.
Further members of the program committee are Georg Cejnek, Magnus Dahlquist, Zhengyang Jiang, Stephan Kranner, Otto Randl, Lucio Sarno, Andrea Vedolin, Christian Wagner, and Michael Weber.
WINNER Best Paper Award
By submitting to the conference your paper is also considered for the WINNER Best Paper Award 2020. This award is organized by ZZ Vermögensverwaltung and POK Pühringer Privatstiftung in collaboration with WU Vienna. The paper award committee will select the best paper to receive a EUR 10’000 prize. The award selection will be based on both the quality of the submitted paper and the conference presentation.