Kaiser, L., Fleisch, M., and Salcher, L. (2018). Bias and Misrepresentation Revisited: Perspective on Major Equity Indices. Finance Research Letters, 26, 223-229. Link
Salcher, L. and Stöckl, S. (2022). Less is more: Granularity of information, estimation errors and optimal portfolios. Working Paper, University of Liechtenstein.
Salcher, L. and Stöckl, S. (2022). Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks. Working Paper, University of Liechtenstein.
2024:
37th Australasian Finance and Banking Conference, Sydney (Australia), "Lost in Translation: How Predictability Turns Into Performance"
37th Australasian Finance and Banking Conference, Sydney (Australia), "Less is More: Ranking Information, Estimation Errors and Optimal Portfolios"
2024 New Zealand Finance Meeting, Auckland (New Zealand), "Lost in Translation: How Predictability Turns Into Performance"
Internationales Doktorandenseminar 2024, Vaduz (Liechtenstein), "Lost in Translation: How Predictability Turns Into Performance"
2023:
Financial Management Association - 2023 European Conference, Aalborg (Denmark), “Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks”
27th International Conference on Macroeconomic Analysis and International Finance, Crete (Greece), “Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks” (presented by Sebastian Stöckl)
Financial Econometrics Conference To Mark Stephen Taylor´s Retirement, Poster Session, Lancaster (England), “Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks”
2022:
26th International Conference on Macroeconomic Analysis and International Finance, Crete (Greece), "Less is more: Ranking Information, Estimation Errors and Optimal Portfolios"
European Conference on Stochastic Optimization and Computational Management Science, Venice (Italy), "Less is more: Ranking Information, Estimation Errors and Optimal Portfolios"
World Finance Conference, Turin (Italy), "Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks"
2021:
36th Workshop of the Austrian Working Group on Banking and Finance, Virtual Conference, "I want to be break-free: How break-adjusted stock age drives stock returns"
World Finance Conference, Virtual Conference, "Less is more: Granularity of information, estimation errors and optimal portfolios"
2020:
35th Workshop of the Austrian Working Group on Banking and Finance, Virtual Conference, "Less is more: Granularity of information, estimation errors and optimal portfolios"
Grundlagen der Finanzierung - Übung (BSc)
Portfolio Management and Financial Analysis (BSc)
Research Seminar (BSc)
Thesis (MSc)
2020-present: PhD Candidate in Business Economics, University of Liechtenstein
2016-2018: Master in Finance, University of Liechtenstein, Degree with distinction
2013-2016: Bachelor in Business Administration, University of Liechtenstein
2018-2020: Junior Risk Manager, IMT Asset Management AG, Vaduz, Liechtenstein