Marco Salerno

University of Toronto - Rotman School of Management

Toronto, Ontario M5S 3G8

Canada

SCHOLARLY PAPERS

5

DOWNLOADS

174

SSRN CITATIONS

0

CROSSREF CITATIONS

0

Scholarly Papers (5)

1.

The Jury is Still Out On the Performance of Naive Diversification (1/N rule)

Number of pages: 69 Posted: 22 Jul 2020
Redouane Elkamhi and Marco Salerno
University of Toronto - Rotman School of Management and University of Toronto - Rotman School of Management
Downloads 79 (338,425)

Abstract:

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Portfolio Choice, Asset Allocation, Machine Learning, Clustering

2.

When Are Financial Covenants Relevant?

Number of pages: 44 Posted: 17 Mar 2020
University of Toronto - Finance Area, University of Toronto - Rotman School of Management and University of Toronto - Rotman School of Management
Downloads 52 (419,500)

Abstract:

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Corporate Loans; Covenants; Covenant strictness; Cov-lite

3.

How large are Pre-Default Costs of Financial Distress? Estimates from a Dynamic Model

Number of pages: 68 Posted: 06 Apr 2020 Last Revised: 05 Aug 2020
Redouane Elkamhi and Marco Salerno
University of Toronto - Rotman School of Management and University of Toronto - Rotman School of Management
Downloads 31 (508,424)

Abstract:

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Dynamic Capital Structure, Financial Distress, Structural Estimation

4.

Agency Conflicts and Investment: Evidence from a Structural Estimation

Number of pages: 49
Chanik Jo and Marco Salerno
University of Toronto - Rotman School of Management and University of Toronto - Rotman School of Management
Downloads 9

Abstract:

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5.

Measuring "State-level" Economic Policy Uncertainty

Number of pages: 50
Redouane Elkamhi, Chanik Jo and Marco Salerno
University of Toronto - Rotman School of Management, University of Toronto - Rotman School of Management and University of Toronto - Rotman School of Management
Downloads 3

Abstract:

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State-level Economic Policy Uncertainty Index, News-based uncertainty measure, State-level business cycles