Lublóy Ágnes

Lublóy Ágnes

Professor. BSc Courses: Finance Specialisation; Management Accounting and Finance; International Finance; Research Methods for Bachelor Thesis Department of Accounting and Finance

Ágnes Lublóy is a permanent faculty member at SSE Riga since June 2016. She has been involved in professional activities at SSE Riga since 2012. Before joining SSE Riga Agnes was an Associate Professor with the Department of Finance at Corvinus University of Budapest.

Ágnes graduated in finance in 2002 from Corvinus University of Budapest, and was awarded her summa cum laude PhD degree there in 2006 for her thesis on the systemic risk implications of the Hungarian interbank market. From 2005 to 2007, she was a Junior Fellow and later a Research Fellow with the Institute for Advanced Study at Collegium Budapest.

Between 2004 and 2007, Ágnes worked on three distinct research projects related to financial networks at Magyar Nemzeti Bank, the central bank of Hungary. In 2005 and 2006 she acted as a consultant for the Information Technology Venture Capital Fund Management Co. Ltd, and screened business plans and evaluated 15 project companies. In 2011 Ágnes received a two-year post-doctoral fellowship financed by the AXA Research Fund.



Corvinus University of Budapest, PhD in Business Administration
Corvinus University of Budapest, MSc in Finance

Research interests

Economic networks
Crowdfunding (product delivery, survival)
Medical crowdfunding
Health economics
Health policy

Selected publication 

Lublóy, Á. (2019). Economic burden of migraine in Latvia and Lithuania: direct and indirect costs. BMC Public Health, 19(1), 1-26. (doi: 10.1186/s12889-019-7461-2)

Indārs, E. R., Savin, A., & Lublóy, Á. (2019). Herding behaviour in an emerging market: Evidence from the Moscow Exchange. Emerging Markets Review, 38, 468-487. (doi: 10.1016/j.ememar.2018.12.002)

Aleksina, A., Akulenka, S., & Lublóy, Á. (2019). Success factors of crowdfunding campaigns in medical research: perceptions and reality. Drug Discovery Today, Vol. 24, Is 7, pp.  1413–1421. (doi: 10.1016/j.drudis.2019.05.012)

Kommel, K. A., Sillasoo, M., & Lublóy, Á. (2019). Could crowdsourced financial analysis replace the equity research by investment banks? Finance Research Letters, 29, 280-284. (doi: 10.1016/

Lublóy, Á., Keresztúri, J. L., & Benedek, G. (2017). Lower fragmentation of coordination in primary care is associated with lower prescribing drug costs - lessons from chronic illness care in Hungary. European Journal of Public Health, Vol. 27, Is 2, pp. 826–829. (doi: 10.1093/eurpub/ckx096).

Lublóy, Á., Keresztúri, J. L., & Benedek, G. (2015). Formal Professional Relationships Between General Practitioners and Specialists in Shared Care: Possible Associations with Patient Health and Pharmacy Costs. Applied Health Economics and Health Policy, 1-11. (doi:10.​1007/​s40258-015-0206-1)

Lublóy, Á. (2014): Factors affecting the uptake of new medicines: a systematic literature review. BMC Health Services Research, 14:469. (doi: 10.1186/1472-6963-14-469).

Lublóy, Á., Benedek, G. & Vastag, G. (2014): Churn models at mobile providers: Importance of social embeddedness. Decision Sciences, Vol. 45, Is. 1.  pp. 175-201. (doi: 10.1111/deci.12057)

Lublóy, Á. & Tanai, E. (2008): Operational Disruption and the Hungarian Real Time Gross Settlement System (VIBER). MNB Occasional Papers, No. 75.

Lublóy, Á. (2006): Topology of the Hungarian large-value transfer system. MNB Occasional papers, No. 57.

Involvement in projects

2018-2019: Research project funded by SIA Novartis Baltics: Measuring the economic cost of migraine in Latvia and Lithuania.

2011-12: Research project at the Budapest Stock Exchange: Assessing the relationship between the Budapest Liquidity Measure and the price impact function, and analyzing the evolution of the price impact function over time.

2010-12: Research team member of the project entitled Managing innovations in networks – the role of ICT within the framework of TÁMOP-4.2.1/B-09/1/KMR-2010-0005 (Improving the quality of higher education through enhancing research, development, innovation and education).

2005: Research project at T-Mobile: Calling pattern analysis and segmentation of mobile customers on the basis of calling patterns

2004: Consultancy work for the Information Technology Venture Capital Fund Management Co. Ltd. Evaluation of business plans and corporate values of 15 project-companies.

Membership in professional organizations

Hungarian Academy of Sciences (member of the public body, 2008-current)
Hungarian Economic Association (member, 1998-2017)
European Health Policy Group (member, 2013-current)
Decision Sciences Institute (member 2013-2014, 2020-current)

Grants & Awards

2005-06: Junior fellow at Collegium Budapest, Institute for Advanced Study

2007: Teacher of the year award 2007, CEMS community at Corvinus University of Budapest

2007: Young scientist of the year award 2007, Faculty of Business Administration, Corvinus University of Budapest

2012: Two year post-doctoral fellowship from the AXA Research Fund

2012: Best Application Paper Award at the 3rd Annual Conference of the European Decision Sciences Institute, June 24-27, 2012, Istanbul, Turkey

2015: Outstanding Publication Award, Faculty of Business Administration, Corvinus University of Budapest


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