Finance

When Financial Distress Spreads Like a Virus

Claudio Tebaldi and Andrea Buraschi analyze the impact on asset prices of financial distress propagating through the network of business relations

High Speed Internet Can Boost Credit in Developing Countries

The arrival of fiberoptic cables to the African coasts allowed banks to adopt new technologies, thus revamping interbank markets and improving liquidity management. The result: a 22% expansion in credit supply

Fifty Research Excellence Awards to Bocconi Scholars

High quality research activity contributes to Bocconi's international standing and reputation

Making Sense of How People Decide

Nicola Gennaioli nets an ERC grant to study irregularities and inconsistencies in the formation of beliefs and choices

Close to Home: Local Supply of Managerial Skills Impacts Firm Performance

Both firms and managers usually direct their executive searches within the same industry and geographical area, according to a study by Julien Sauvagnat and Fabiano Schivardi . Firms in areas where managerial skills are scarce experience negative effects on performance

The Sky of Math Is Full of Stars

And the star of Erio Castagnoli keeps shining. A recent paper based on the ideas of the late lamented Bocconi professor investigates starshaped risk measures and illustrates their application to finance and decision theory