Roland Mestel (Deputy Director of the Department)

Roland Mestel's research focuses on the microstructure of financial markets, i.e. the specific organization of the exchange of capital supply and demand. One focus in this regard is on markets for digital assets (cryptocurrencies) and, in particular, on decentralized markets. Further research focuses on asset management, asset pricing and risk management. Roland Mestel leads/has led a large number of externally funded research projects from research funding and contract research. He is a member of the board of the Austrian Banking Research Association, co-editor of the BankArchiv and associate editor of the Journal of Behavioral and Experimental Finance.

Portrait picture of Roland Mestel {f:if(condition: 'SBESS/Wolf', then: '©SBESS/Wolf')}
©SBESS/Wolf

  • Market quality and algorithmic trading at the Austrian stock market. Project supported with funds from the Anniversary Fund of Oesterreichische Nationalbank; 2019-2023.
  • Austria's path to climate neutrality: identifying a cross-sector integrated framework and incentive structure, distributional and budgetary implications. Responsible for work package: Financial markets. Project supported with funds from the Climate and Energy Fund and implemented in line with the Austrian Climate Research Program ACRP; 2022-2024.
  • Brauneis, Alexander; Mestel, Roland; Theissen, Erik
    What Drives the Liquidity of Cryptocurrencies? A Long-Term Analysis.
    In: Finance Research Letters. . 2020. online first. doi:10.1016/j.frl.2020.101537
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Brauneis, Alexander; Mestel, Roland
    Cryptocurrency-portfolios in a mean-variance framework.
    In: Finance Research Letters. 28. 2019. 259-264. doi:10.1016/j.frl.2018.05.008
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Mestel, Roland; Nießen, Ludwig; Theissen, Erik; Uhlenkamp, Corinna; Wanger, Daniel
    Liquidität am österrerichischen Aktienmarkt: Datenbank "FiRe Graz DS".
    In: BankArchiv: Zeitschrift für das gesamte Bank- und Börsenwesen. 67,8. 2019. 620-629.
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Brauneis, Alexander; Mestel, Roland
    Price Discovery of Cryptocurrencies: Bitcoin and beyond.
    In: Economics Letters. 165. 2018. 58-61. doi:10.1016/j.econlet.2018.02.001
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Reichmann, Gerhard; Mestel, Roland
    Bank- und Börsewissen von Studierenden – Eine empirische Studie .
    In: BankArchiv: Zeitschrift für das gesamte Bank- und Börsenwesen. 66,11. 2018. 774-785.
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Brauneis, Alexander; Mestel, Roland
    Finanzwissen – allgemein verständlich: Kryptowährungen.
    In: BankArchiv: Zeitschrift für das gesamte Bank- und Börsenwesen. 66,10. 2018. 711-719.
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Mestel, Roland; Murg, Michael; Theissen, Erik
    Algorithmic Trading and Liquidity: Long Term Evidence from Austria .
    In: Finance Research Letters. 26. 2018. 198-203. doi:10.1016/j.frl.2018.01.004
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Gurgul, Henryk; Mestel, Roland; Syrek, Robert
    MIDAS models in the banking sector – systemic risk comparison.
    In: Managerial Economics. 18,2. 2017. 165-181. doi:10.7494/manage.2017.18.2.165
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Hornung, Philipp; Leopold-Wildburger, Ulrike; Mestel, Roland; Palan, Stefan
    Insider Behavior under Different Market Structures - Experimental Evidence on Trading Patterns, Manipulation and Profitability.
    In: Central European Journal of Operations Research. 23,2. 2015. 357 - 373. doi:10.1007/s10100-014-0359-2
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag
  • Hinterleitner, Gernot; Leopold-Wildburger, Ulrike; Mestel, Roland; Palan, Stefan
    A Good Beginning Makes a Good Market: The Effect of Different Market Opening Structures on Market Quality.
    In: The Scientific World Journal. Article ID 307808. 2015. 1-14.
    Forschung: Beitrag in Zeitschrift > Originalbeitrag/Fachbeitrag

Ao.Univ.-Prof. Mag. Dr.rer.soc.oec.
Roland Mestel

Stellvertretender Institutsleiter
roland.mestel(at)uni-graz.at

+43 316 380 - 7304
ORCID: 0000-0002-8292-0382