Systemic risk measures have gained popularity in the recent finance literature and they are widely applied for detecting systemic risk contributions of financial institutions. It has also been suggested that a regulator ...

Credit risk is a forward-looking concept, focusing on the probability of facing credit difficulties in the future. Credit difficulties are represented by the risk of not being paid for goods or services sold to customers. ...

The aim of this study is to investigate the performance of open-end equity mutual funds in Italy during 2006-2015. Selective ability, market timing ability and performance persistence will be analysed. The False Discovery ...

Il presente elaborato si prefigge di fornire una visione complessiva delle opportunità d’investimento offerte dalla previdenza complementare italiana sotto forma di fondi pensione aperti. Particolare enfasi è posta sulla ...

Adair Turner considering debts, and mortgages in particular, said that the sudden and huge creation of debts is a problem if the money has spent to buy existing assets. He disapproves the theory about what banks do, in ...