040029 SE Seminar Asset Pricing (MA) (2019S)
Market Microstructure
Continuous assessment of course work
Labels
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from Mo 11.02.2019 09:00 to We 20.02.2019 12:00
- Registration is open from Tu 26.02.2019 09:00 to We 27.02.2019 12:00
- Deregistration possible until Th 14.03.2019 23:59
Details
max. 24 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
Introduction and allocation of topics at the first meeting at March 3rd.
Final presentations are scheduled for the morning of June 17 (i.e. 8:00-13:00) at the Skylounge (tbc).
Monday
04.03.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
11.03.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
18.03.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
25.03.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
01.04.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
08.04.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
29.04.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
06.05.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
13.05.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
20.05.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
27.05.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
03.06.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
17.06.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Friday
21.06.
08:00 - 14:45
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday
24.06.
15:00 - 16:30
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Information
Aims, contents and method of the course
https://homepage.univie.ac.at/thomas.gehrig/Topics%20in%20Asset%20Pricing%20-%200219%20-%20Syllabus.pdfPredicting asset prices has always fascinated practitioners as well as academics. Despite the huge successes of simple models to explain the basic phenomena of asset prices, standard theories provide little guidance for a vast variety of practical challenges.The tremendous post-crisis success of ETFs does generate the emergence of common ownership. Industry 4.0 and the digital economy deeply change the interconnection of productive firms as well as the relative allocation of labor and (machine) capital. Social security affects employee risk and the cost of labor. Will, and if so how will these developments affect asset prices?Likewise, how can we attempt to understand the widely and robustly observed cyclicality in risk premia? How can bubbles emerge and which are the determinants that limit apparent (?) arbitrage opportunities?Moreover, how are asset prices related to individual attitudes and behavior? Which are the determinants of trust and which are the asset pricing implications of breaking trust? Are environmental attitudes priced and (how) are environmentally friendly business models rewarded by the (anonymous) market?
Assessment and permitted materials
Seminar thesis (50%)
Presentation (25%)
Active discussion of work of peers (25%)Attendance mandatory. Course organization will be introduced and the presentation schedule will be arranged in the first meeting at October 1st. Failure to show up in the first meeting may result in the non-availability of presentation slots.
Presentation (25%)
Active discussion of work of peers (25%)Attendance mandatory. Course organization will be introduced and the presentation schedule will be arranged in the first meeting at October 1st. Failure to show up in the first meeting may result in the non-availability of presentation slots.
Minimum requirements and assessment criteria
This is an advanced master-level seminar. It also serves as a potential basis for the preparation of a master thesis or other advanced work. Therefore, having passed successfully the course "Basics of Finance" and Asset Pricing I" is a pre-requirement.Grading is based on three elements:1.The worked out seminar paper (50 points).
Each candidate has to submit a single-authored paper not exceeding 12 pages.
The seminar draft has to be submitted one week prior to the presentation in electronic form. This version is distributed to seminar participants in order to allow them preparation. After the presentation the paper can still be improved.
Final submission for all papers is July 1, 2019. Thereafter no corrections are possibly anymore.2. Presentation of the seminar paper (25 points)
Presentations can be shared, but each candidate will be assessed on his/her own part.3. Course participation (25 points)
Active preparation and participation are required as well as active reception and discussion of the work and presentations of peers. A seminar requires two-way communication, i.e. both a sender and a receiver. Accordingly, both roles will be relevant for grading.
Each candidate has to submit a single-authored paper not exceeding 12 pages.
The seminar draft has to be submitted one week prior to the presentation in electronic form. This version is distributed to seminar participants in order to allow them preparation. After the presentation the paper can still be improved.
Final submission for all papers is July 1, 2019. Thereafter no corrections are possibly anymore.2. Presentation of the seminar paper (25 points)
Presentations can be shared, but each candidate will be assessed on his/her own part.3. Course participation (25 points)
Active preparation and participation are required as well as active reception and discussion of the work and presentations of peers. A seminar requires two-way communication, i.e. both a sender and a receiver. Accordingly, both roles will be relevant for grading.
Examination topics
Active participation in all presentations is required.
Reading list
A literture list will be introduced and made accessible (via Moodle) in the first meeting.
Association in the course directory
Last modified: Mo 07.09.2020 15:28