Finance

A working paper by Bedendo et al. rejects the empty creditors hypothesis, for which the insured creditors wouldn't have interest in renegotiating the debt of distressed firms

Stock markets on average react positively to the onset of a conflict according to a study by Guidolin and La Ferarra analyzing 101 conflicts in the 1971-2004 period. The evidence for other assets' markets is mixed

After a PhD at the Swiss Finance Institute in Geneva

Project finance sponsors can obtain lower spreads or higher debt-to-equity ratios thanks to a careful design of the nonfinancial contracts that establish the obligations of contractors, suppliers and customers, according to an article by Corielli, Gatti and Steffanoni

The new full professor at the Department of Finance has a knack for financial econometrics

Weather derivatives are useful to protect income in climate-sensitive industries: the case of the wine-making sector