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  1. Fear and greed in financial markets
    a clinical study of day-traders
    Autor*in: Lo, Andrew W.; Repin, Dmitry V.; Steenbarger, Brett N.
    Erschienen: 2005
    Verlag:  National Bureau of Economic Research, Cambridge, Mass.

    Standort:
    Max-Planck-Institut für Bildungsforschung, Bibliothek und wissenschaftliche Information
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
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    RVK Klassifikation: QA 32110
    Schriftenreihe: NBER working paper series ; 11243
    Schlagworte: Anlageverhalten; Neuroökonomie; Day trading (Securities)
    Umfang: 24 S, graph. Darst
    Bemerkung(en):

    Literaturverz. S. 20 - 24

    Internetausg.: papers.nber.org/papers/w11243.pdf - lizenzpflichtig
  2. Macroeconomic models for monetary policy
    a critical review from a finance perspective
    Autor*in: Dou, Winston Wei; Lo, Andrew W.; Muley, Ameya; Uhlig, Harald
    Erschienen: 2020
    Verlag:  Rodney L. White Center for Financial Research], [Philadelphia, PA

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    Medientyp: Buch (Monographie)
    Format: Online
    Auflage/Ausgabe: This draft: June 3, 2020
    Schriftenreihe: [Working papers / Rodney L. White Center for Financial Research ; 12, 20]
    Umfang: 1 Online-Ressource (circa 95 Seiten), Illustrationen
  3. Modeling turning points in global equity market
    Autor*in: Ahelegbey, Daniel Felix; Billio, Monica; Casarin, Roberto
    Erschienen: [2020]
    Verlag:  Università di Pavia, Department of Economics and Management, Pavia

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    Format: Online
    Schriftenreihe: DEM working paper series ; # 195 (11-20)
    Umfang: 1 Online-Ressource (circa 19 Seiten), Illustrationen
  4. Inside the ESG ratings
    (dis)agreement and performance
    Autor*in: Billio, Monica; Costola, Michele; Hristova, Iva; Latino, Carmelo; Pelizzon, Loriana
    Erschienen: [2020]
    Verlag:  Leibniz Institute for Financial Research SAFE, Sustainable Architecture for Finance in Europe, Frankfurt am Main

    We analyze the ESG rating criteria used by prominent agencies and show that there is a lack of a commonality in the definition of ESG (i) characteristics, (ii) attributes and (iii) standards in defining E, S and G components. We provide evidence that... mehr

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    We analyze the ESG rating criteria used by prominent agencies and show that there is a lack of a commonality in the definition of ESG (i) characteristics, (ii) attributes and (iii) standards in defining E, S and G components. We provide evidence that heterogeneity in rating criteria can lead agencies to have opposite opinions on the same evaluated companies and that agreement across those providers is substantially low. Those alternative definitions of ESG also a↵ect sustainable investments leading to the identification of di↵erent investment universes and consequently to the creation of di↵erent benchmarks. This implies that in the asset management industry it is extremely dicult to measure the ability of a fund manager if financial performances are strongly conditioned by the chosen ESG benchmark. Finally, we find that the disagreement in the scores provided by the rating agencies disperses the e↵ect of preferences of ESG investors on asset prices, to the point that even when there is agreement, it has no impact on financial performances.

     
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    hdl: 10419/222553
    Schriftenreihe: SAFE working paper ; no. 284
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  5. A cost/benefit analysis of clinical trial designs for COVID-19 vaccine candidates
    Autor*in: Berry, Donald A.; Berry, Scott; Hale, Peter; Isakov, Leah; Lo, Andrew W.; Siah, Kien Wei; Wong, Chi Heem
    Erschienen: October 2020
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 27882
    Schlagworte: Coronavirus; Arzneimittel; Produktentwicklung
    Umfang: 51 Seiten, Illustrationen
    Bemerkung(en):

    Erscheint auch als Online-Ausgabe
  6. Paying off the Competition
    Market Power and Innovation Incentives
    Autor*in: Li, Xuelin; Lo, Andrew W.; Thakor, Richard T.
    Erschienen: 2021
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    How does a firm's market power in existing products affect its incentives to innovate? We explore this fundamental question using granular project-level and firm-level data from the pharmaceutical industry, focusing on a particular mechanism through... mehr

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Standort:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Standort:
    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    How does a firm's market power in existing products affect its incentives to innovate? We explore this fundamental question using granular project-level and firm-level data from the pharmaceutical industry, focusing on a particular mechanism through which incumbent firms maintain their market power: "reverse payment" or "pay-for-delay" agreements to delay the market entry of competitors. We first show that when firms are unfettered in their use of "pay-for-delay" agreements, they reduce their innovation activities in response to the potential entry of direct competitors. We then examine a legal ruling that subjected these agreements to antitrust litigation, thereby reducing the incentive to enter them. After the ruling, incumbent firms increased their net innovation activities in response to competitive entry. These effects center on firms with products that are more directly affected by competition. However, at the product therapeutic area level, we find a reduction in innovation by new entrants after the ruling in response to increased competition. Overall, these results are consistent with firms having reduced incentives to innovate when they are able to maintain their market power, highlighting a specific channel through which this occurs

     
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    Schriftenreihe: NBER working paper series ; no. w28964
    Schlagworte: Marktmacht; Anreiz; Innovation
    Umfang: 1 Online-Ressource, illustrations (black and white)
    Bemerkung(en):

    Hardcopy version available to institutional subscribers
  7. Global realignment in financial market dynamics
    evidence from ETF networks
    Autor*in: Billio, Monica; Lo, Andrew W.; Pelizzon, Loriana; Getmansky, Mila; Zareei, Abalfazl
    Erschienen: [2021]
    Verlag:  Leibniz Institute for Financial Research SAFE, Sustainable Architecture for Finance in Europe, Frankfurt am Main

    The centrality of the United States in the global financial system is taken for granted, but its response to recent political and epidemiological events has suggested that China now holds a comparable position. Using minute-by-minute data from 2012... mehr

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    The centrality of the United States in the global financial system is taken for granted, but its response to recent political and epidemiological events has suggested that China now holds a comparable position. Using minute-by-minute data from 2012 to 2020 on the financial performance of twelve country-specific exchange-traded funds, we construct daily snapshots of the global financial network and analyze them for the centrality and connectedness of each country in our sample. We find evidence that the U.S. was central to the global financial system into 2018, but that the U.S.-China trade war of 2018-2019 diminished its centrality, and the Covid-19 outbreak of 2019-2020 increased the centrality of China. These indicators may be the first signals that the global financial system is moving from a unipolar to a bipolar world.

     
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    Weitere Identifier:
    hdl: 10419/229432
    Schriftenreihe: SAFE working paper ; no. 304
    Schlagworte: Network theory; Centrality; High Frequency Data; ETFs; Financial Crises; Covid-19; International Finance
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  8. The impact of climate on economic and financial cycles
    a Markov-switching panel approach
    Autor*in: Billio, Monica; Casarin, Roberto; De Cian, Enrica; Mistry, Malcolm; Osuntuyi, Anthony
    Erschienen: [2021]
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2021, no. 03
    Schlagworte: Bayesian inference; climate shocks; financial cycle; business cycle; Markov-switching; Multi-country Panel
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  9. COVID-19 spreading in financial networks
    a semiparametric matrix regression model
    Autor*in: Billio, Monica; Casarin, Roberto; Costola, Michele; Iacopini, Matteo
    Erschienen: [2021]
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2021, no. 05
    Schlagworte: Multilayer networks; financial markets; COVID-19
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  10. The risk, reward, and asset allocation of nonprofit endowment funds
    Autor*in: Lo, Andrew W.; Matveyev, Egor; Zeume, Stefan
    Erschienen: [2020]
    Verlag:  MIT Sloan School of Management, [Cambridge, MA]

    We collect tax return data from all 311,222 public NPOs in the United States over the 2009-2017 period to study the asset allocation choices and investment returns of their endowment funds. One in nine public NPOs have endowment funds. The majority... mehr

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    We collect tax return data from all 311,222 public NPOs in the United States over the 2009-2017 period to study the asset allocation choices and investment returns of their endowment funds. One in nine public NPOs have endowment funds. The majority of funds allocate their assets conservatively to low-risk assets, and as a result, earn an average annual return of 5.3%. There is substantial heterogeneity in investment returns across funds. Large funds significantly outperform small funds across all return measures and nonprofit sectors. Endowments in NPO sectors devoted to public and societal benefit, the environment, and the arts are among the top performers. High returns among higher education endowments are explained by size, while hospital endowments significantly underperform. Higher investment returns are associated with better governance, more highly paid management, lower discretionary spending, and lower investment management fees. Lastly, when faced with volatile contributions, endowment funds hold more cash and invest more conservatively

     
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    Auflage/Ausgabe: Last revised: March 2020
    Schriftenreihe: MIT Sloan School working paper ; 6163 (20)
    MIT Sloan Research Paper ; No. 6163-20
    Schlagworte: Endowment Funds; Long-term Asset Management; Governance of Nonprofit Organizations
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  11. Estimating the Financial Impact of Gene Therapy in the U.S.
    Autor*in: Wong, Chi Heem; Li, Dexin; Wang, Nina; Gruber, Jonathan; Conti, Rena M.; Lo, Andrew W.
    Erschienen: 2021
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    We empirically assess the potential financial impact of future gene therapies on the US economy. After identifying 109 late-stage gene therapy clinical trials currently underway, we estimate the number of new and existing patients with corresponding... mehr

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    We empirically assess the potential financial impact of future gene therapies on the US economy. After identifying 109 late-stage gene therapy clinical trials currently underway, we estimate the number of new and existing patients with corresponding diseases to be treated by these gene therapies, developing and applying novel mathematical models to estimate the increase in quality-adjusted life years for each approved gene therapy. We then simulate the launch prices and the expected spending for these therapies over a 15-year time horizon. Under conservative assumptions, the results of our simulation suggest that an expected total of 1.09 million patients will be treated by gene therapy from January 2020 to December 2034. The expected peak annual spending on these therapies is $25.3 billion, and the expected total spending from January 2020 to December 2034 is $306 billion. Assuming a linear pace of future gene therapy development fitted to past experience, our spending estimate increases by only 15.7% under conservative assumptions. As a proxy for the impact of expected spending on different public and private payers, we decompose the estimated annual spending by treated age group. Since experience suggests that insurers with annual budget constraints may restrict access to therapies with expected benefit to the patient, we consider various methods of payment to ensure access to these therapies even among those insured by the most budget-constrained payers

     
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    Schriftenreihe: NBER working paper series ; no. w28628
    Schlagworte: Medizinische Behandlung; Gentechnik; Gesundheitskosten; USA
    Umfang: 1 Online-Ressource, illustrations (black and white)
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    Hardcopy version available to institutional subscribers
  12. Buildings' energy efficiency and the probability of mortgage default
    the Dutch case
    Autor*in: Billio, Monica; Costola, Michele; Pelizzon, Loriana; Riedel, Max
    Erschienen: [2019]
    Verlag:  SAFE, Sustainable Architecture for Finance in Europe, Frankfurt am Main

    In this paper, we investigate the relation between buildings' energy efficiency and the probability of mortgage default. To this end, we construct a novel panel dataset by combining Dutch loan-level mortgage information with provisional building... mehr

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    In this paper, we investigate the relation between buildings' energy efficiency and the probability of mortgage default. To this end, we construct a novel panel dataset by combining Dutch loan-level mortgage information with provisional building energy ratings that are calculated by the Netherlands Enterprise Agency. By employing the Logistic regression and the extended Cox model, we find that buildings' energy efficiency is associated with lower likelihood of mortgage default. The results hold for a battery of robustness checks. Additional findings indicate that credit risk varies with the degree of energy efficiency.

     
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    Weitere Identifier:
    hdl: 10419/204663
    Auflage/Ausgabe: This draft: October 14, 2019
    Schriftenreihe: SAFE working paper ; no. 261
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  13. Credit scoring in SME asset-backed securities
    an Italian case study
    Autor*in: Bedin, Andrea; Billio, Monica; Costola, Michele; Pelizzon, Loriana
    Erschienen: [2019]
    Verlag:  SAFE, Sustainable Architecture for Finance in Europe, Frankfurt am Main

    We investigate the default probability, recovery rates and loss distribution of a portfolio of securitised loans granted to Italian small and medium enterprises (SMEs). To this end, we use loan level data information provided by the European... mehr

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    We investigate the default probability, recovery rates and loss distribution of a portfolio of securitised loans granted to Italian small and medium enterprises (SMEs). To this end, we use loan level data information provided by the European DataWarehouse platform and employ a logistic regression to estimate the company default probability. We include loan-level default probabilities and recovery rates to estimate the loss distribution of the underlying assets. We find that bank securitised loans are less risky, compared to the average bank lending to small and medium enterprises.

     
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    hdl: 10419/204824
    Schriftenreihe: SAFE working paper ; no. 262
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  14. Markov switching panel with endogenous synchronization effects
    Autor*in: Agudze, Komla M.; Billio, Monica; Casarin, Roberto; Ravazzolo, Francesco
    Erschienen: [2021]
    Verlag:  unibz, Faculty of Economics and Management, [Bozen]

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    Schriftenreihe: BEMPS ; no 82 (2021)
    Schlagworte: Bayesian inference; interacting Markov chains; multi-layer networks; panel Markov-switching
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  15. Sustainable finance
    a journey toward ESG and climate risk
    Autor*in: Billio, Monica; Costola, Michele; Hristova, Iva; Latino, Carmelo; Pelizzon, Loriana
    Erschienen: 2022
    Verlag:  Leibniz Institute for Financial Research SAFE, Sustainable Architecture for Finance in Europe, [Frankfurt am Main]

    The present paper proposes an overview of the existing literature covering several aspects related to environmental, social, and governance (ESG) factors. Specifically, we consider studies describing and evaluating ESG methodologies and those... mehr

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    The present paper proposes an overview of the existing literature covering several aspects related to environmental, social, and governance (ESG) factors. Specifically, we consider studies describing and evaluating ESG methodologies and those studying the impact of ESG on credit risk, debt and equity costs, or sovereign bonds. We further expand the topic of ESG research by including the strand of the literature focusing on the impact of climate change on financial stability, thus allowing us to also consider the most recent research on the impact of climate change on portfolio management.

     
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    hdl: 10419/253382
    Schriftenreihe: SAFE working paper ; no. 349 (April 2022)
    Schlagworte: Environmental; social; and governance factors (ESG); credit risk; debt cost; equity cost; sovereign bonds; portfolio management
    Umfang: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  16. Paying off the competition
    market power and innovation incentives
    Autor*in: Li, Xuelin; Lo, Andrew W.; Thakor, Richard T.
    Erschienen: 2021
    Verlag:  MIT Sloan School of Management, [Cambridge, MA]

    How does a firm’s market power in existing products affect its incentives to innovate? We explore this fundamental question using granular project-level and firm-level data from the pharmaceutical industry, focusing on a particular mechanism through... mehr

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    VS 67
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    How does a firm’s market power in existing products affect its incentives to innovate? We explore this fundamental question using granular project-level and firm-level data from the pharmaceutical industry, focusing on a particular mechanism through which incumbent firms maintain their market power: “reverse payment” or “pay-for-delay” agreements to delay the market entry of competitors. We first show that when firms are unfettered in their use of “pay-for-delay” agreements, they reduce their innovation activities in response to the potential entry of direct competitors. We then examine a legal ruling that subjected these agreements to antitrust litigation, thereby reducing the incentive to enter them. After the ruling, incumbent firms increased their net innovation activities in response to competitive entry. These effects center on firms with products that are more directly affected by competition. However, at the product therapeutic area level, we find a reduction in innovation by new entrants after the ruling in response to increased competition. Overall, these results are consistent with firms having reduced incentives to innovate when they are able to maintain their market power, highlighting a specific channel through which this occurs

     
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    Auflage/Ausgabe: This Draft: 19 June 2021
    Schriftenreihe: MIT Sloan School working paper ; 6040 (19)
    Schlagworte: Drug Development; Pharmaceutical Industry; Monopoly; Antitrust; Market Power; Competition; Innovation
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  17. Creditworthiness and buildings' energy efficiency in the Italian mortgage market
    Autor*in: Billio, Monica; Costola, Michele; Pelizzon, Loriana; Riedel, Max
    Erschienen: [2022]
    Verlag:  Leibniz Institute for Financial Research SAFE, Sustainable Architecture for Finance in Europe, [Frankfurt am Main]

    Energy efficiency represents one of the key planned actions aiming at reducing greenhouse emissions and the consumption of fossil fuel to mitigate the impact of climate change. In this paper, we investigate the relationship between energy efficiency... mehr

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    Energy efficiency represents one of the key planned actions aiming at reducing greenhouse emissions and the consumption of fossil fuel to mitigate the impact of climate change. In this paper, we investigate the relationship between energy efficiency and the borrower's solvency risk in the Italian market. Specifically, we analyze a residential mortgage portfolio of four financial institutions which includes about 70,000 loans matched with the energy performance certificate of the associated buildings. Our findings show that there is a negative relationship between a building's energy efficiency and the owner's probability of default. Findings survive after we account for dwelling, household, mortgage, market control variables, and regional and year fixed effect. Additionally, a ROC analysis shows that there is an improvement in the estimation of the mortgage default probability when the energy efficiency characteristic is included as a risk predictor in the model.

     
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    Schriftenreihe: SAFE working paper ; no. 352 (June 2022)
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  18. Accelerating Vaccine Innovation for Emerging Infectious Diseases via Parallel Discovery
    Autor*in: Barberio, Joseph; Becraft, Jacob; Ben Chaouch, Zied; Bertsimas, Dimitris; Kitada, Tasuku; Li, Michael Lingzhi; Lo, Andrew W.; Shi, Kevin; Xu, Qingyang
    Erschienen: June 2022
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    We analyze the financial performance of a hypothetical portfolio of 120 mRNA vaccine candidates in the preclinical stage targeting 11 emerging infectious diseases. We calibrate the simulation parameters with input from domain experts in mRNA... mehr

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    We analyze the financial performance of a hypothetical portfolio of 120 mRNA vaccine candidates in the preclinical stage targeting 11 emerging infectious diseases. We calibrate the simulation parameters with input from domain experts in mRNA technology and an extensive literature review. We find that the portfolio generates an average annualized return on investment of -6.0% per annum and a net present value of -$9.5 billion, despite the scientific advantages of mRNA technology and the financial benefits of diversification. Clinical trial costs account for 94% of the total investment, with manufacturing costs accounting for only 6%. Sensitivity analysis reveals that the most important factor determining financial performance is the price per dose, while the increased probability of success due to mRNA technology, adjusting the size of the portfolio, and the possibility of conducting human challenge trials do not significantly improve financial performance. These results underscore that if the goal is to create a sustainable business model and robust global vaccine ecosystem, continued collaboration between government agencies and the private sector is likely to be necessary

     
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  19. Financial Intermediation and the Funding of Biomedical Innovation
    A Review
    Autor*in: Lo, Andrew W.; Thakor, Richard T.
    Erschienen: October 2022
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    We review the literature on financial intermediation in the process by which new medical therapeutics are financed, developed, and delivered. We discuss the contributing factors that lead to a key finding in the literature--underinvestment in... mehr

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    We review the literature on financial intermediation in the process by which new medical therapeutics are financed, developed, and delivered. We discuss the contributing factors that lead to a key finding in the literature--underinvestment in biomedical R&D--and focus on the role that banks and other intermediaries can play in financing biomedical R&D and potentially closing this funding gap. We conclude with a discussion of the role of financial intermediation in the delivery of healthcare to patients

     
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  20. Macro-finance models with nonlinear dynamics
    Autor*in: Dou, Winston Wei; Fang, Xiang; Lo, Andrew W.; Uhling, Harald
    Erschienen: [2019]
    Verlag:  Rodney L. White Center for Financial Research], [Philadelphia, PA

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    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: [Working papers / Rodney L. White Center for Financial Research ; 01, 19]
    Umfang: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  21. A solution manual to "The econometrics of financial markets"
    Autor*in: Adamek, Petr; Campbell, John Y.; Lo, Andrew W.; MacKinlay, Archie Craig; Viceira, Luis M.
    Erschienen: [1997]
    Verlag:  [Princeton University Press], [Princeton, NJ]

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    Universitätsbibliothek Mannheim
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    Medientyp: Buch (Monographie)
    Format: Druck
    ISBN: 0691015694
    RVK Klassifikation: QK 600
    Schlagworte: USA; Ökonometrie; Finanzmarkt; CAPM; Ökonometrie; Theorie
    Weitere Schlagworte: Array; Array
    Umfang: VII, 63 Seiten, Diagramme
    Bemerkung(en):

    Lösungsbd. zu: Campbell, J.: The econometrics of financial markets
  22. Buildings' energy efficiency and the probability of mortgage default
    the Dutch case
    Autor*in: Billio, Monica; Costola, Michele; Pelizzon, Loriana; Riedel, Max
    Erschienen: [2020]
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2020, no. 06
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  23. Inside the ESG ratings
    (dis)agreement and performance
    Autor*in: Billio, Monica; Costola, Michele; Hristova, Iva; Latino, Carmelo; Pelizzon, Loriana
    Erschienen: [2020]
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2020, no. 17
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  24. Networks in risk spillovers
    a multivariate GARCH perspective
    Autor*in: Billio, Monica; Caporin, Massimiliano; Frattarolo, Lorenzo; Pelizzon, Loriana
    Erschienen: [2020]
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2020, no. 16
    Umfang: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  25. The importance of compound risk in the nexus of COVID-19, climate change and finance
    Autor*in: Monasterolo, Irene; Billio, Monica; Battiston, Stefano
    Erschienen: [2020]
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2020, no. 15
    Umfang: 1 Online-Ressource (circa 8 Seiten), Illustrationen