- Research Assistant / PhD Student
- Chair in Finance
- Schedule for WS 22/23
- Breaking Bad: Parameter Uncertainty caused by Structural Breaks in Stocks
- FFF-Förderprojekt, January 2022 until December 2022
Estimating parameter inputs for portfolio optimization has been shown to be notoriously diffi-cult resulting in disappointing out-of-sample performance (Michaud, 1989; DeMiguel et al., 2009). The ... more ...
- Granularity of Information and its Impact on Stock Return Predictability and Portfolio Allocation
- PhD-Thesis, since September 2020
The thesis will consist of three individual papers, which will be combined into a cumulative dissertation. The research focuses on the question of how the different granularity of information affects ... more ...
- Understanding Saving in Europe
- ERASMUS, September 2019 until August 2022
Given the changing demographic and the continuous low interest rate environment, long-term decisions by individuals are becoming increasingly important. Saving optimally over the life cycle requires ... more ...
Kaiser, L., Fleisch, M., & Salcher, L. (2018). Bias and Misrepresentation Revisited: Perspective on Major Equity Indices. Finance Research Letters, 26, 223-229. (ABDC_2019: A; ABS_2021: 2; VHB_3: B)
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Salcher, L., & Stöckl, S. (2022). Less is More: Ranking Information, Estimation Errors and Optimal Portfolios. Presented at the Annual International Conference on Macroeconomic Analysis and International Finance, Rethymno, Greece.
moreSalcher, L., & Stöckl, S. (2022). Less is More: Ranking Information, Estimation Errors and Optimal Portfolios. Presented at the European Conference on Stochastic Optimization and Computational Management Science, Venice, Italy.
moreSalcher, L., & Stöckl, S. (2022). Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks. Presented at the World Finance Conference, Turin, Italy.
moreSalcher, L., & Stöckl, S. (2021). Less is More: Ranking Information, Estimation Errors and Optimal Portfolios. Presented at the World Finance Conference, Virtual Conference.
moreSalcher, L., & Stöckl, S. (2021). Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks. Presented at the 36th Workshop of the Austrian Working Group on Banking and Finance, Virtual Conference.
moreSalcher, L., & Stöckl, S. (2020). Less is more: Ranking Information, Estimation Errors and Optimal Portfolios. Presented at the 35th Workshop of the Austrian Working Group on Banking and Finance, Virtual Conference.
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