Working papers
In questa pagina sono presenti i Working Papers pubblicati dal CEFIN dal 2007 ad oggi, con annessi i link a RePEc.
| Numero | Autori | Titolo | Anno | Paper |
|---|---|---|---|---|
| 93 | Cipollini, A; Parla, F. | Climate risk and investment in equities in Europe: a Panel SVAR approach | 2023 | 
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| 92 | Bonfatti, A.; Giarda, E.; Marotta, G.; responsabile collana Marotta, G. | Energy price increases and mitigation policies: Redistributive effects on Italian households | 2023 |
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| 91 | Brunetti, M; ; Ciciretti R., ; Gentile; M. ; Linciano N. ; Soccorso, P. | Attitude towards financial planning of Italian households | 2022 |
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| 90 | Brunetti, M.; De Luca, R. | Sensitivity of profitability in cointegration-based pairs trading | 2022 |
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| 89 | Brunetti, M.; De Luca, R. | Pre-selection in cointegration-based pairs trading | 2022 |
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| 88 | Torricelli, C.; Bertelli, B. | ESG compliant optimal portfolios: The impact of ESG constraints on portfolio optimization in a sample of European stocks | 2022 |
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| 87 | Torricelli, C.; Bertelli, B. | ESG screening strategies and portfolio performance: how do they fare in periods of financial distress? | 2022 |
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| 86 | Torricelli, C.; Ferrari, F.; Pederzoli, C. | "Climate Stress Test: bad (or good) news for the market? An Event Study Analysis on Euro Zone Banks" | 2022 |
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| 85 | Torricelli, Costanza; Pellati, Eleonora | Social bonds and the "social Premium" | 2022 |
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| 84 | Brighi, P.; Della Bina, A. C. F.; Venturelli, V. | Do ESG Investments Mitigate ESG Controversies? Evidence From International Data | 2022 |
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| 83 | Bertelli, B.; Boero, G.; Torricelli, C. | The market price of greenness. A factor pricing approach for Green Bonds | 2022 |
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| 82 | Iocca, M. G.; Ferretti, R. | Le offerte pubbliche di acquisto in Italia a venti anni dal Testo unico della finanza (Tender offers in Italy twenty years after the unified finance law) | 2021 |
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| 81 | Brunetti, M.; Giarda, E.; Torricelli, C. | Financial fragility across Europe and the US: The role of portfolio choices, household features and economic-institutional setup | 2020 |
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| 80 | Venturelli, V.; Gallo, G.; Pedrazzoli, A. | Birds of a feather flock together and get money from the crowd | 2019 |
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| 79 | Landi, A.; Sclip, A.; Venturelli, V. | The effect of the Fed zero-lower bound announcement on bank profitability and diversification | 2019 |
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| 78 | Arnaboldi, F.; Gioia, F. | Portfolio choice: Evidence from new-borns | 2019 |
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| 77 | Marotta, G. | Behind the success of dominated personal pension plans: sales force and financial literacy factors | 2019 |
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| 76 | Casabianca, E. J.; Giarda, E.; Marotta, G.; Marotta, G. non è autore ma Direttore della collana CEFIN | Short-term household income mobility before and after the Great Recession: A four-country study | 2019 |
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| 75 | Pederzoli, C.; Torricelli, C. | The impact of the Fundamental Review of the Trading Book: A preliminary assessment on a stylized portfolio | 2019 |
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| 74 | Ferretti, R.; Pattitoni, P.; Castelli, A. | Security-voting structure and equity financing inthe Banking Sector: ‘One Head-One Vote’ versus ‘One Share-One Vote’ | 2019 |
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| 73 | Bertocchi, G.; Brunetti, M.; Zaiceva, A. | The Financial Decisions of Immigrant and Native Households: Evidence from Italy | 2018 |
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| 72 | Marotta, Giuseppe | Why choosing dominated personal pension plans: sales force and financial literacy effects | 2018 |
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| 71 | Pattarin, F. | Spending Policies of Italian Banking Foundations | 2018 |
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| 70 | Di Bonaventura, L.; Forni, M.; Pattarin, F. | The Forecasting Performance of Dynamic Factor Models with Vintage Data | 2018 |
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| 69 | Cipollini, A.; Parla, F. | Housing Market Shocks in Italy: a GVAR Approach | 2018 |
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| 68 | Cosma, S.; Pancotto, F.; Vezzani, P. | Customer Complaining and Probability of Default in Consumer Credit | 2018 |
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| 67 | Cosma, S.; Grasso, A. G.; Pagliacci, F.; Pedrazzoli, A. | Is Equity Crowdfunding a Good Tool for Social Enterprises? | 2018 |
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| 66 | Rossi, M. C.; Sansone, D.; Torricelli, C.; van Soest, A. | Household preferences for Socially Responsible Investments | 2018 |
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| 65 | Ferretti, R.; Gallo, G.; Landi, A.; Venturelli, V. | Market-Book Ratios of European Banks: What Does Explain the Structural Fall? | 2018 |
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| 64 | Baldini, M.; Gallo, G.; Torricelli, C. | Past Income Scarcity and Current Perception of Financial Fragility | 2017 |
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| 63 | Cosma, S.; Ferretti, R.; Gualandri, E.; Landi, A.; Venturelli, V. | How Does Financial Market Evaluate Business Models? Evidence From European Banks | 2017 |
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| 62 | Gallo, G.; Torricelli, C.; van Soest, A. | Individual Heterogeneity and Pension Choices How to Communicate an Effective Message? | 2017 |
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| 61 | Elyasiany, E.; Gambarelli, L.; Muzzioli, S. | The Risk-Asymmetry Index | 2016 |
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| 60 | Cotterli, S. | Strumenti per il sostegno finanziario di famiglie e microimprese: il caso italiano (Policies to help financially vulnerable Italian households and micro-businesses) | 2016 |
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| 59 | Ferretti, R.; Pancotto, F.; Rubaltelli, E. | A test of the Behavioral versus the Rational model of Persuasion in Financial Advertising | 2016 |
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| 58 | Cipollini, A.; Lo Cascio, I.; Muzzioli, S. | Financial connectedness among European volatility risk premia | 2015 |
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| 57 | Ferretti, Riccardo; Pattitoni, Pierpaolo; Salinas, Anna | The effectiveness of insider trading regulations: The case of the Italian tender offers | 2015 |
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| 56 | Altshuler, D.; Magni, C. A. | Introducing Aggregate Return on Investment as a Solution to the Contradiction Between Some PME Metrics and IRR | 2015 |
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| 55 | Giarda, E.; Moroni, G.; Marotta, G.; Marotta, G. non è autore ma Direttore della collana CEFIN | ‘It’s a trap!’ The degree of poverty persistence in Italy and Europe | 2015 |
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| 54 | Pederzoli, C.; Torricelli, C. | Systemic risk measures and macroprudential stress tests An assessment over the 2014 EBA exercise | 2015 |
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| 53 | Rubaltelli, E.; Agnoli, S.; Rancan, M.; Pozzoli, T. | Emotional Intelligence and risk taking in investment decision-making | 2015 |
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| 52 | Brunetti, M.; Torricelli, C. | Second homes: households' life dream or (wrong) investment? | 2015 |
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| 51 | Magni, C. A. | Pseudo-naïve approaches to investment performance measurement | 2015 |
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| 50 | Gualandri, E.; Noera, M. | Monitoring systemic risk a survey of the avialiable macropridential toolkit | 2014 |
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| 49 | Gualandri, E.; Noera, M. | Towards A Macroprudential Policy In The EU: Main Issues | 2014 |
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| 48 | Santantonio, M.; Torricelli, C.; Urzì Brancati, M. C. | Does homeownership partly explain low participation in supplementary pension schemes? | 2014 |
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| 47 | Magni, C. A. | An average-based accounting approach to capital asset investments: The case of project finance (Working Paper) | 2014 |
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| 46 | Torricelli, C.; Urzì Brancati, M. C.; Mirtolen, L. | Should football coaches wear a suit? The impact of skill and management structure on Serie A Clubs’ performance | 2014 |
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| 45 | Baldini, M.; Torricelli, C.; Urzì Brancati, M. C. | Family ties: occupational responses to cope with a household income shock | 2014 |
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| 44 | Cipollini, A.; Lo Cascio, I.; Muzzioli, S. | Volatility co-movements: a time scale decomposition analysis | 2013 |
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| 43 | Brighi, P.; Venturelli, V. | The Effect of Revenue and Geographic Diversification on Bank Performance | 2013 |
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| 42 | Cosma, S.; Gualandri, E. | The sovereign debt crisis: the impact on the intermediation model of Italian banks | 2013 |
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| 41 | Gualandri, E.; Venturelli, V. | The financing of Italian firms and the credit crunch: findings and exit strategies | 2013 |
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| 40 | Pederzoli, C.; Torricelli, C. | Efficiency and unbiasedness of corn futures markets: New evidence across the financial crisis | 2013 |
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| 39 | Mattioli, L.; Ferretti, R. | La regolamentazione dello short selling: effetti sul mercato azionario italiano (Short selling ban: effects on the Italian stock market) | 2013 |
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| 38 | Gianfelice, G.; Marotta, G.; Torricelli, C. | A liquidity risk index as a regulatory tool for systemically important banks? An empirical assessment across two financial crises | 2013 |
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| 37 | Marotta, G. | Per un accesso sostenibile delle Pmi al credito (A sustainable access to credit for SMEs) | 2013 |
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| 36 | Mucciarelli, F. M. | The unavoidable persistence of forum shopping in the Insolvency Regulation | 2013 |
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| 35 | Parmeggiani, F. | Rating Triggers, Market Risk and the Need for More Regulation | 2012 |
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| 34 | Bazzana, F.; Broccardo, E.; Hanedar, E. Y. Hanedar; Marotta, G. | Collateral Requirements of SMEs: The Evidence from Less–Developed Countries | 2012 |
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| 33 | Bertocchi, G.; Brunetti, M.; Torricelli, C. | Is it money or brains? The determinants of intra-family decision power | 2012 |
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| 32 | Brunetti, M.; Giarda, E.; Torricelli, C. | Ia financial fragility a matter of illiqudity? An appraisal for Italian households | 2012 |
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| 31 | Cosma, S.; Pattarin, F. | Attitudes, personality factors and household debt decisions: A study of consumer credit | 2012 |
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| 30 | Muzzioli, S. | Corridor Implied Volatility and the Variance Risk Premium in the Italian Market | 2011 |
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| 29 | Gualandri, E.; Mangone, E.; Stanziale, A. | Internal Corporate Governance and the Financial Crisis: Lessons for Banks, Regulators and Supervisors | 2011 |
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| 28 | Marotta, G. | Are defined contribution pension schemes socially sustainable? A conceptual map from a macroprudential perspective | 2011 |
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| 27 | Gualandri, E. | Basel 3, Pillar 2: the role of banks’ internal governance and control function | 2011 |
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| 26 | Ferretti, R.; Meles, A. | Underpricing, wealth loss for pre-existing shareholders and the cost of going public: the role of private equity backing in Italian IPOs | 2011 | |
| 25 | Pederzoli, C.; Thoma, G.; Torricelli, C. | Modelling credit risk for innovative firms: the role of innovation measures | 2011 |
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| 24 | Cervellati, E. M.; Ferretti, R.; Pattitoni, P. | Market Reaction to Second-Hand News: Attention Grabbing or Information Dissemination? | 2011 |
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| 23 | Muzzioli, S. | Towards a volatility index for the Italian stock market | 2010 |
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| 22 | Pederzoli, C.; Torricelli, C. | A parsimonious default prediction model for Italian SMEs | 2010 |
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| 21 | Magni, C. A. | Average Internal Rate of Return and investment decisions: A new perspective | 2010 |
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| 20 | Muzzioli, S. | The skew pattern of implied volatility in the DAX index options market | 2009 |
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| 19 | Magni, C. A. | Accounting and economic measures: An integrated theory of capital budgeting | 2009 |
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| 18 | Mucciarelli, F. M. | Exclusion of US-holders in cross-border takeover bids and the principle of equality in tender offers | 2009 |
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| 17 | Torricelli, C. | Models for household portfolios and life-cycle allocations in the presence of labour income and longevity risk | 2009 |
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| 16 | Krink, T.; Mittnik, S.; Paterlini, S. | Differential Evolution and Combinatorial Search for Constrained Index Traking | 2009 |
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| 15 | Lyra, M.; J. Paha, J.; Paterlini, S.; Winker, P. | Optimization Heuristics for Determining Internal Rating Grading Scales | 2009 |
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| 14 | Cipollini, A.; Fiordelisi, F. | The impact of bank concentration on financial distress: them case of the European banking system | 2009 |
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| 13 | Gualandri, E.; Landi, A.; Venturelli, V. | Financial Crisis and New Dimensions of Liquidity Risk: Rethinking Prudential Regulation and Supervision | 2009 |
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| 12 | Marotta, G. | Lending interest rate pass-through in the euro area. A data-driven tale | 2008 |
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| 11 | Muzzioli, S. | Option based forecasts of volatility: An empirical study in the DAX index options market | 2008 |
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| 10 | Marotta, G. | Structural breaks in the lending interest rate pass-through and the euro | 2008 |
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| 9 | Castellani, S.; Pederzoli, C.; Torricelli, C. | Indebtedness, macroeconomic conditions and banks’ loan losses: evidence from Italy | 2008 |
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| 8 | Ferretti, R.; Pattarin, F. | Is public information really public? The role of newspapers. | 2008 |
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| 7 | Krink, T.; Paterlini, S. | Differential Evolution for Multiobjective Portfolio Optimization | 2008 |
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| 6 | Gualandri, E.; Venturelli, V. | Assessing and measuring the equity gap and the equity requirements for innovative SMEs | 2008 |
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| 5 | Bonollo, M.; Morandi, D.; Pederzoli, C.; Torricelli, C. | Model risk and techniques for controlling market parameters | 2007 |
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| 4 | Muzzioli, S. | The relation between implied and realised volatility: are call options more informative than put options? Evidence from the DAX index options market | 2007 |
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| 3 | Ferrari, D.; Paterlini, S. | The Maximum Lq-Likelihood Method: an Application to Extreme Quantile Estimation in Finance | 2007 |
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| 2 | Pederzoli, C. | Default risk: Poisson mixture and the business cycle | 2007 |
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| 1 | Brunetti, M. | Population ageing, household portfolios and financial asset returns: A survey of the literature | 2007 |
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