consequence of the introduction of a financial innovation that allow reducing the cost of portfolio diversification in a financial … model shows that when financial innovation reduces the cost of diversification below a given threshold, the strength (due to …

The paper examines whether bank diversification in multiple dimensions can protect bank lending from uncertainty shocks … significantly alleviated by bank diversification in the loan portfolio, income, and funding aspects. Our findings offer practical … implications for regulators and banks themselves: bank diversification can effectively act as a lending shock absorber in periods …

. In the longer run, however, a trade-off between diversification and climate action emerges. We derive the optimal carbon …

Striving for maximum diversification we follow Meucci (2009) in measuring and managing a multi-asset class portfolio …. Under this paradigm the maximum diversification portfolio is equivalent to a risk parity strategy with respect to the … diversified risk parity strategy. Moreover, we explore the risk and diversification characteristics of traditional risk …

to provide convincing results. DRP strives for maximum diversification along uncorrelated risk sources. A straightforward …

number of risks, the total risk margin is often reduced to reflect "diversification benefits." How large should the … diversification benefit be? And how should the benefit be allocated to the individual risks?. We propose a simple statistical solution …

creativity by increasing the complexity and the broadness of a brand. It determines also the rate of firm product innovations …. Marketing creativity and product innovation influence finally the firm marketing performance. Empirically, we study trademarked … complexity and the broadness of a trademark as a measure of marketing creativity and the rate of product innovations. Among …