197 citations · 2.1k across the 93 of their papers we have counts for
7 papers · 1 filter
A calibrated model of debt recycling with interest costs and tax shields: viability under different fiscal regimes and jurisdictions
Carlo von der Osten, Sabrina Aufiero, Pierpaolo Vivo +2
Debt recycling is a leveraged equity management strategy in which homeowners use accumulated home equity to finance investments, applying the resulting returns to accelerate mortga…
Sparse corruption in low-rank matrix inference: the PCA benchmark
Urte Adomaityte, Gabriele Sicuro, Pierpaolo Vivo
Principal Component Analysis (PCA) is a standard tool for extracting a low-rank signal from noisy observations. It is known that applying PCA to a rank-one signal corrupted by a de…
Data as Commodity: a Game-Theoretic Principle for Information Pricing
Pasquale Casaburi, Giovanni Piccioli, Pierpaolo Vivo
Data is the central commodity of the digital economy. Unlike physical goods, data exhibits properties that defy the standard theory of supply and demand: it is non-rival (the same…
Mapping Microscopic and Systemic Risks in TradFi and DeFi: a literature review
Sabrina Aufiero, Silvia Bartolucci, Fabio Caccioli +1
This work explores the formation and propagation of systemic risks across traditional finance (TradFi) and decentralized finance (DeFi), offering a comparative framework that bridg…
DebtStreamness: An Ecological Approach to Credit Flows in Inter-Firm Networks
Anahí Rodríguez-Martínez, Silvia Bartolucci, Francesco Caravelli +3
Understanding how credit flows through inter-firm networks is critical for assessing financial stability and systemic risk. In this study, we introduce DebtStreamness, a novel metr…
Financial instability transition under heterogeneous investments and portfolio diversification
Preben Forer, Barak Budnick, Pierpaolo Vivo +3
We analyze the stability of financial investment networks, where financial institutions hold overlapping portfolios of assets. We consider the effect of portfolio diversification a…
Top eigenpair statistics of diluted Wishart matrices
Barak Budnick, Preben Forer, Pierpaolo Vivo +3
Using the replica method, we compute the statistics of the top eigenpair of diluted covariance matrices of the form , where is a…