Christian Wagner

Current appointments

Professor of Finance, WU Vienna University of Economics and Business 

Faculty member at the Vienna Graduate School of Finance (VGSF)

Research Fellow at the Centre for Economic Policy Research (CEPR) 

Contact details:

WU Vienna University of Economics and Business

Department of Finance, Accounting and Statistics

Institute for Finance, Banking and Insurance

Welthandelsplatz 1

A-1020 Vienna, Austria 

Tel: +43 1 31336 4253

Email: christian.wagner (at) wu.ac.at

Curriculum Vitae: download CV (pdf)

Profiles: CEPR and VoxEU, Google Scholar, SSRN, ORCID

Working Papers

• Deciphering Monetary Policy Shocks, with Phillipp Gnan, Maximilian Schleritzko, and Maik Schmeling; September 2023.

  • Related column on VoxEU.org

• Margin Requirements and Equity Option Returns, with Steffen Hitzemann, Michael Hofmann, and Marliese Uhrig-Homburg; March 2022.

  • AFA 2018, EFA 2017, SFS Cavalcade 2017

Refereed Journal Publications

• Does Central Bank Tone Move Asset Prices?, with Maik Schmeling, 2023, Journal of Financial and Quantitative Analysis, accepted for publication.

  • Column on VoxEU.org that covers the paper

• Disaster Resilience and Asset Prices, with Marco Pagano and Josef Zechner, 2023, Journal of Financial Economics, accepted for publication.

  • An early version appeared in CEPR Covid Economics: Vetted and Real-Time Papers, 22 May 2020.

  • A non-technical summary in our VoxEU-column COVID-19, asset prices, and the Great Reallocation, 11 June 2020.

• Debt Refinancing and Equity Returns, with Nils Friewald and Florian Nagler, 2022, Journal of Finance, 77 (4), 2287-2329.

• Exchange Rates and Sovereign Risk, with Pasquale Della Corte, Lucio Sarno, and Maik Schmeling, 2022, Management Science, 68 (8), 5591-5617.

  • Related column on VoxEU.org

• Low Risk Anomalies?, with Paul Schneider and Josef Zechner, 2020, Journal of Finance, 75 (5), 2673-2718.

  • Jack Treynor Prize awarded by the Q Group, 2015

• What is the Expected Return on a Stock?, with Ian Martin, 2019, Journal of Finance, 74 (4), 1887-1929.

  • Dimensional Fund Advisors Prize Distinguished Paper, Journal of Finance 2019

  • The Wharton School - WRDS Best Paper Award in Empirical Finance, WFA 2017

  • Honorable Mention, AQR Insight Award 2017

• The Economic Value of Predicting Bond Risk Premia, with Lucio Sarno and Paul Schneider, 2016, Journal of Empirical Finance, 37, 247-267.

• The Cross-Section of Credit Risk Premia and Equity Returns, with Nils Friewald and Josef Zechner, 2014, Journal of Finance, 69 (6), 2419-2469.

• Properties of Foreign Exchange Risk Premiums, with Lucio Sarno and Paul Schneider, 2012, Journal of Financial Economics, 105 (2), 279-310.

• Risk-Premia, Carry-Trade Dynamics, and Economic Value of Currency Speculation, 2012, Journal of International Money and Finance, 31 (5), 1195-1219.

• Trading the Forward Bias: Are there Limits to Speculation?, with Markus Hochradl, 2010, Journal of International Money and Finance, 29 (3), 423-441.

• Reforming Minute Reserve Policy in Germany: A Step towards Efficient Markets?, with Margarethe Rammerstorfer, 2009, Energy Policy, 37 (9), 3513-3519.

• Determinants of Operational Risk Reporting in the Banking Industry, with Günther Helbok, 2006, Journal of Risk, 9 (1), 49-74.