15 citations · 39 across the 12 of their papers we have counts for
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q-fin.ST2024
The puzzle of Carbon Allowance spread
Michele Azzone, Roberto Baviera, Pietro Manzoni
A growing number of contributions in the literature have identified a puzzle in the European carbon allowance (EUA) market. Specifically, a persistent cost-of-carry spread (C-sprea…
q-fin.PM2024
Asset management with an ESG mandate
Michele Azzone, Emilio Barucci, Davide Stocco
We investigate the portfolio frontier and risk premia in equilibrium when institutional investors aim to minimize the tracking error variance under an ESG score mandate. If a negat…