The survey analyses the financial advisor-investor relationship in order to identify areas for improvement due to gaps in communication, limited knowledge and poor exchange of information.The 2020 Report investigates whether the financial advisor-investor relationship may lead to a higher...

The present collective work gathers views on how behavioural finance, neuroscience, sociology, cognitive psychology and pedagogy may contribute to improve measurement of financial knowledge, elicitation of personal attitudes, targeting audiences and delivery of educational programmes. These...

This paper analyses the determinants of sovereign spreads in the euro area from January 2002 to May 2012. The objective is to disentangle the role of country-specific fundamentals, driven by fiscal and macroeconomic factors, from what is referred to as contagion. Following the existing empirical...

The Italian version of this paper can be found at 'http://ssrn.com/abstract=2126578' http://ssrn.com/abstract=2126578.The assessment of investors' risk tolerance by investment firms is a crucial issue both for regulators and for the industry. The economic and psychological literature has...

The 2018 edition of the CONSOB Report on financial investments of Italian households presents evidence on the financial choices of a representative sample of 1,601 Italian households while significantly deepening the analysis of financial knowledge and individual attitudes. After the first...

This paper investigates the relationship between the propensity to seek for professional advice, financial knowledge and overconfidence, as well as the determinants of financial knowledge and overconfidence for a representative sample of Italian financial decision makers. The demand for...