About the Authors

Matthias Stefan

Roles Writing – original draft

Affiliation Department of Banking and Finance, Leopold-Franzens Universität, Universitätsstraße 15, A-6020 Innsbruck, Austria

Felix Holzmeister

Roles Writing – original draft

Affiliation Department of Banking and Finance, Leopold-Franzens Universität, Universitätsstraße 15, A-6020 Innsbruck, Austria

Alexander Müllauer

Roles Writing – original draft

Affiliation Department of Banking and Finance, Leopold-Franzens Universität, Universitätsstraße 15, A-6020 Innsbruck, Austria

Michael Kirchler

Roles Writing – original draft

michael.kirchler@uibk.ac.at

Affiliations Department of Banking and Finance, Leopold-Franzens Universität, Universitätsstraße 15, A-6020 Innsbruck, Austria, Centre for Finance, Department of Economics, University of Göteborg, SE-40530 Göteborg, Sweden

Competing Interests

The authors have declared that no competing interests exist.