C
Christian Wagner
Researcher at Vienna University of Economics and Business
Publications - 39
Citations - 1416
Christian Wagner is an academic researcher from Vienna University of Economics and Business. The author has contributed to research in topics: Risk premium & Foreign exchange risk. The author has an hindex of 18, co-authored 38 publications receiving 1204 citations. Previous affiliations of Christian Wagner include University of Vienna & Copenhagen Business School.
Papers
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Journal ArticleDOI
The Cross‐Section of Credit Risk Premia and Equity Returns
TL;DR: This paper explored the link between a firm's stock returns and credit risk using a simple insight from structural models following Merton (1974): risk premia on equity and credit instruments are related because all claims on assets must earn the same compensation per unit of risk.
Journal ArticleDOI
The Cross-Section of Credit Risk Premia and Equity Returns
TL;DR: In this article, the authors explore the link between a firm's stock returns and its credit risk using a simple insight from structural models following Merton (1974): risk premia on equity and credit instruments are related because all claims on assets must earn the same compensation per unit of risk.
Posted Content
Properties of Foreign Exchange Risk Premiums
TL;DR: The authors study the properties of foreign exchange risk premiums that can explain the forward bias puzzle, defined as the tendency of high-interest rate currencies to appreciate rather than depreciate, and find that risk premiums arise endogenously from the no-arbitrage condition relating the term structure of interest rates and exchange rates.
Journal ArticleDOI
Determinants of Operational Risk Reporting in the Banking Industry
Guenther Helbok,Christian Wagner +1 more
TL;DR: In this article, the authors investigated operational risk disclosure practices in the 1998 to 2001 period and found that financial institutions with lower equity/assets ratio and/or profitability ratio give greater importance to disclosing their assessment and management of operational risks whereas those with higher ratios choose a lower disclosure stance.
Journal ArticleDOI
Properties of foreign exchange risk premiums
TL;DR: This article study the properties of foreign exchange risk premiums that can explain the forward bias puzzle, defined as the tendency of high-interest rate currencies to appreciate rather than depreciate, and find that these risk premiums arise endogenously from the no-arbitrage condition relating the term structure of interest rates and exchange rates.