Alexander Wagner

Prof of Finance @UZH_en, @uzh_bf and @SFI_CH, affiliated with @ecgiorg and @cepr_org. Passionate about smart ideas in #Finance and #corpgov. And I like to 🏄‍♂️

[Alexander Wagner @AlexFWagner]

New video summarizing my research on COVID-19 with Simon Glossner, Pedro Matos and @StefanoRamelli

[Science Animated @Sci_Ani]

What can we learn from the market reactions to #COVID19 ?

#Research carried out by the University of Zurich, the Swiss #Finance Institute, and UVA Darden reveals what makes firms resilient against rare #disasters such as COVID-19. @AlexFWagner

https://t.co/DxQKfoT7I3

[Review of Corporate Finance Studies @RevOfCorpFin]

#PaperSpotlight: Investor Rewards to #climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. #Elections by @StefanoRamelli, @AlexFWagner, Richard J Zeckhauser @Kennedy_School, and Alexandre Ziegler @UZH_en

https://t.co/mpiiQCnz5W

[Review of Corporate Finance Studies @RevOfCorpFin]

Forthcoming: Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections by @StefanoRamelli, @AlexFWagner, Richard J Zeckhauser, and Alexandre Ziegler @UZH_en

https://t.co/mpiiQCnz5W

[VoxEU @voxeu]

Is there a connection between the 2008 financial crisis & COVID-19? @antmoreno716 @unav, @AlexFWagner, Ongena @UZH_en @uzh_bf & Veghazy @ecb show that European countries more affected by the financial crisis had more deaths relative to Covid cases: https://t.co/64oRbG6zws

[Review of Corporate Finance Studies @RevOfCorpFin]

Features forthcoming paper from RCFS by @StefanoRamelli, @AlexFWagner, Richard Zeckhauser, and Alexandre Ziegler (article is in German)

"The boomerang effect: Investors ignored Donald Trump's climate policy - and were rewarded for it"
https://t.co/yB0MbXF5Zk via @NZZ

[Review of Corporate Finance Studies @RevOfCorpFin]

Special Issue: #COVID-19 Pandemic Crisis & Corporate Finance

This special issue is the first to be published by a finance journal on COVID & corp finance. It presents important early research on the economic impact of the pandemic.

FREE to read online!

https://t.co/ApJAEscBm4

[Dina D. Pomeranz 🟣 @DinaPomeranz]

Very uncool: Die Schweiz verspielt gerade den erreichten Erfolg mit Covid-19. Wir haben zu viel geöffnet & falsche Sicherheit vorgespiegelt.

Um Schlimmeres zu verhindern, braucht es dringend strengere Massnahmen. Das ist wichtig sowohl für die Gesundheit wie für die Wirtschaft.

[Martin Halla @HallaMartin]

Pls. share the job post below. Thanks🙏
@AlexFWagner @GFelbermayr @APeichl @FuestClemens @Lars_Feld @DavidAJaeger @simon_jaeger @MHuberEcon @econ_hmg @HO2604 @chr_mich @monikaturyna

[ECGI Working Papers @ecgiwp]

Simon Glossner @DardenMBA, Pedro Matos, Stefano Ramelli @StefanoRamelli @uzh_bf, Alexander F. Wagner @AlexFWagner @SFI_CH @cepr_org : Where Do Institutional Investors Seek Shelter when Disaster Strikes? Evidence from COVID-19 https://t.co/lFnKLSTcSB

[Fermat's Library @fermatslibrary]

Lewis Carroll, author of Alice in Wonderland, was fond of asking children mathematical puzzles. Here's a famous one: Can you draw the following design on a sheet of paper without lifting the pencil from the paper (no intersections allowed)?

[Physics In History @PhysInHistory]

Physics Photo Of the Day:

This iconic photograph taken at the Fifth Solvay Conference shows the greatest gathering of intelligence ever.
Physicists met in October 1927 in Brussels to discuss the then-new theory of quantum mechanics.

[UZH Department of Finance @uzh_df]

Check out https://t.co/sE4Yi5XqBG on the different behavior of investor groups in the #covid19 crisis - the newest paper by @AlexFWagner and @StefanoRamelli @markets!

[Adam Tooze @adam_tooze]

World turned upside down?
Japan and Switzerland are now the only major 10 yr government bonds on which you can earn a positive real rate of return! @bcaresearch via @SoberLook

[Fermat's Library @fermatslibrary]

Today is π Approximation Day 22/7 = 3.14285714286
Archimedes wrote the first known proof that 22/7>π in the 3rd century BCE
Here's another:

[Gearoid Reidy リーディー・ガロウド @GearoidReidy]

This is amazing - Tokyo train station melodies, played on calculators.

[Alexander Wagner @AlexFWagner]

Short answer (2): OK, but it took some time. Even large and immediate changes to cash flows due to unfamiliar events seem hard to predict.

[Alexander Wagner @AlexFWagner]

We have a new paper on the US Tax Cuts and Jobs Act of 2017 (TCJA): https://t.co/FdPdKP8UHQ

Main questions:
(1) How big were the recurring and one-time impacts of the TCJA?
(2) How effective was the market in pricing these impacts?

[Alexander Wagner @AlexFWagner]

Short answer (1): Very big, with many winners, but quite a few losers.

[Review of Corporate Finance Studies @RevOfCorpFin]

#PaperSpotlight: Feverish Stock Price Reactions to COVID-19 by @StefanoRamelli and @AlexFWagner @UZH_en