Thèse de doctorat : Università della Svizzera italiana, 2021 ; 2021ECO007.
I use empirical methods to forecast U.S. repeat-sales house price indices, to analyze Swiss long-run default rates and to investigate the role of country and industry effects on the downside risk of stock index returns.
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In: Competitiveness Review, 2015, vol. 25, no. 3, p. 324-340
Purpose – This paper aims to focus on the role of clusters as home and host country- specific advantages for multinational enterprises (“MNEs”) in the organization of their internal and external networks to optimize the diffusion and generation of new knowledge. Strategic asset-seeking investment has been a major driver of the internalization of innovation activities performed by MNEs...
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(Working Papers SES ; 524)
This paper examines how investors perceive business group membership in Korea during the COVID-19 pandemic. Stock price performance analysis reveals evidence of a time-varying and heterogeneous value of affiliation: investors discount business group affiliation during a market collapse, but are willing to pay a premium for affiliation during market recovery. Overall, this pattern is more...
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In: Finance and Stochastics, 2015, vol. 19, no. 2, p. 363-414
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In: Theory and Decision, 2015, vol. 78, no. 2, p. 189-208
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In: Mathematics and Financial Economics, 2015, vol. 9, no. 1, p. 3-27
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Thèse de doctorat : Università della Svizzera italiana, 2021 ; 2021ECO004.
My dissertation consists of three chapters, each of which focuses on how institutional investors trade, impact price efficiency in secondary financial markets and influence the allocation of resources in the real economy. Using a novel approach based on hurricanes, the first chapter, Mutual Funds’ Fire Sales and the Real Economy: Evidence from Hurricanes, contributes to the recent debate on...
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Thèse de doctorat : Università della Svizzera italiana, 2021 ; 2021ECO002.
I use empirical methods to study the effect of institutional investors on financial markets. My studies provide novel evidence on the commonality in liquidity of fixed-income securities, the liquidity provision of hedge funds and mutual funds in equity markets, and the information diffusion from credit default swaps to equities.
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Mémoire de bachelor : Haute école de gestion de Genève, 2020 ; TDIBM 87.
The literature has seen a growing number of studies addressing the topic of sustainable finance, while firms also seem to be keener on undertaking and advertising societal actions. The role firms play in society has been evolving, especially due to the rising demand for corporate social responsibilities. The question that recurrently arises is whether being socially responsible will allow...
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Mémoire de bachelor : Haute école de gestion de Genève, 2020 ; TDIBM 91.
The Swiss sustainable investments market has evolved impressively over 10 years, growing from CHF 20.3 billion in 2008 to CHF 716.6 billion in 2018 and more specifically since 2015 when the first asset owners were identified. Geneva is a strong and well known financial centre considered as the 9th leading centre for finance. Sustainable finance represents a real opportunity for both Swiss...
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