This book explores the evolution of the banking sector and the financing tools it fosters, addressing the impact of new regulations and the ensuing opportunities for financial institutions, firms, and individuals. Written in two parts, the project includes papers presented at the 2019 Annual...

1. Introduction by the Editors -- Part I. Financial Institutions and the Evolution of European Market and Policy Framework -- 2. ECB and FED Governors’ Speeches: A Topic Modeling Analysis (2007-2019) -- 3. Analyzing Policy Options in the Resolution of Systemically Important Banks: Comparing...

We present the results of the first experimental study of financial markets contagion. We develop a model of financial contagion amenable to be tested in the laboratory. In the model, contagion happens because of cross-market rebalancing, a channel for transmission of shocks across markets first...

The aim of this paper is to investigate the role of the initial capital structure in the success and duration of entrant manufacturing start-ups. We select all the Italian manufacturing companies incorporated in the database Aida Bureau van Dijk in 2009; we include financial variables such as...

Chapter 1: Financial risk tolerance: where does it all start from? -- Chapter 2: Risk tolerance tools: from academia to regulation and back -- Chapter 3: Challenges and opportunities in the regulation of financial instruments post Mifid2 – Sustainable finance -- Chapter 4: The digital...