1 citations · 1 across the 2 of their papers we have counts for
4 papers
Emission impossible: Balancing Environmental Concerns and Inflation
René Aïd, Maria Arduca, Sara Biagini +1
We provide a theoretical framework to examine how carbon pricing policies influence inflation and to estimate the policy-driven impact on goods prices from achieving net-zero emiss…
Risk measures beyond frictionless markets
Maria Arduca, Cosimo Munari
We develop a general theory of risk measures that determines the optimal amount of capital to raise and invest in a portfolio of reference traded securities in order to meet a pre-…
Fundamental theorem of asset pricing with acceptable risk in markets with frictions
Maria Arduca, Cosimo Munari
We study the range of prices at which a rational agent should contemplate transacting a financial contract outside a given securities market. Trading is subject to nonproportional…
Dual representations for systemic risk measures based on acceptance sets
Maria Arduca, Pablo Koch-Medina, Cosimo Munari
We establish dual representations for systemic risk measures based on acceptance sets in a general setting. We deal with systemic risk measures of both "first allocate, then aggreg…