Ca' Foscari University of Venice

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    55801 research outputs found

    Comunicazione, politica e poesia nell’Italia dei Lumi: due casi a confronto

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    Portfolio Similarity and Asset Liquidation in the Insurance Industry

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    An important assumption underlying the designation of some insurers as systemically important is that their overlapping portfolio holdings can result in common selling. We measure the overlap in holdings using cosine similarity, and show that insurers with more similar portfolios have larger subsequent common sales. This relationship can be magnified for some insurers when they are regulatory capital constrained or markets are under stress. When faced with an exogenous liquidity shock, insurers with greater portfolio similarity have even larger common sales that impact prices. Our measure can be used by regulators to predict which institutions may contribute most to financial instability through the asset liquidation channel of risk transmission

    Le sepolture in anfora

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    Storia e storiografia delle comunità rurali venete in età moderna

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    Analisi della storia delle comunità in Veneto negli ultimi decenn

    Tintoretto nella vita economica di Venezia

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