2025 Meetings

FiRe research seminar (Mai 19, 2025, 09:00-09:45)

The coordinates for the seminar are:

Speaker: Yilong Xu (Utrecht University)
Title: A "Green Premium" or a "Brown Discount": Evidence from Experimental Asset Markets
Time: Mai 19, 2025, 09:00-09:45
Venue: SR 15.25 and online
Online access: https://uni-graz.zoom.us/j/67398902257
Paper: Sustainability preference is often measured at the individual level. However, it is questionable whether individual sustainability preferences can manifest in a competitive asset market setting, whether they influence asset prices, and whether investors seek to generate social impact through investments. To address these issues, we conduct a series of experiments, measuring sustainability preference at both the individual and market levels. In our market experiments, investors may accept lower payoffs for assets that yield positive externalities (green) compared to those with neutral (grey) or negative (brown) externalities. We observe a dual pattern: while green assets are hardly over-priced, investors consistently demonstrate an aversion to brown assets, leading to significant underpricing --- a “Brown Discount.” When we eliminate speculative incentives through a 100% capital gains tax, even the minimal overpricing of green assets disappears, suggesting that any observed green premium is driven by speculative motives rather than pure sustainability preference.

FiRe lecture (Mai 20, 2025, 17:00-18:30)

The coordinates for the lecture are:

Speaker: Univ.-Prof. Gabriel Felbermayr
Title: Ökonomie im Wandel - Real- und Finanzwirtschaft im Spannungsverhältnis zwischen Klimawandel, Rechtspopulismus und künstlicher Intelligenz
Time: Mai 20, 2025
Venue: HS 15.04, ReSoWi-Center, Universitaetsstrasse 15/E, EG, 8010 Graz (Anmeldung)

Unsere Welt steht vor bedeutenden Veränderungen, die die Wirtschaft tiefgreifend beeinflussen. Der Klimawandel hat weitreichende Auswirkungen auf globale Märkte und erfordert nachhaltige ökonomische Lösungen. Gleichzeitig sehen wir einen Anstieg des Rechtspopulismus, der die wirtschaftliche Unsicherheit verstärkt, und die künstliche Intelligenz (KI) revolutioniert gerade Arbeitswelt und wirtschaftliche Prozesse. Unser renommierter Vortragender erläutert die ökonomischen Herausforderungen dieser Entwicklungen für Österreich, die EU und weltweit und diskutiert Wege, wie wir diesen Herausforderungen begegnen und hierfür innovative und nachhaltige Lösungen entwickeln können.

Photo © WIFO/Alexander Müller

FiRe research seminar (June 23, 2025, 16:00-17:30)

The coordinates for the seminar are:

Speaker: Nicole Branger (University of Muenster)
Title: tba
Time: June 23, 2025, 16:00-17:30
Venue: SR 15.25 and online
Online access: https://uni-graz.zoom.us/j/62540533118
Paper: tba

Past events

FiRe research seminar (January 27, 2025, 16:00-17:30)

The coordinates for the seminar are:

Speaker: Stefan Scharnowski (University of Mannheim)
Title: Behavior on Blockchains: Trading Activity in Tokenized Financial Assets
Time: January 27, 2025, 16:00-17:30
Venue: SR 15.25 and online
Online access: https://uni-graz.zoom.us/j/66642385075
Paper: https://drive.google.com/file/d/1EHautTNQD57UCeEfEGAqM_dBw1OM4MpI/view?usp=sharing

FiRe research seminar (January 20, 2025, 16:00-17:30)

The coordinates for the seminar are:

Speaker: Vortragende: Charline Uhr (Aarhus University)
Title: Fees versus commissions in financial services ‒ Evidence from a choice between flat rates or commissions for trading mutual funds
Time: January 20, 2025, 16:00-17:30
Venue: SR 15.25 and online
Online access: https://uni-graz.zoom.us/j/69410414996
Paper: https://drive.google.com/file/d/1XW5HMgMLcd50moWG850LPVQqEWK3gbgT/view?usp=drive_link

Other meetings