Ongoing Projects & Publications

Working Papers

Bax, K. & Cehajic, A. (2025).
The Role of Biodiversity Risk in Shaping Bank Lending Decisions.

Bax, K., Fulci, A., Paterlini, S. & Taufer, E. (2025).
Generalized Precision Matrices for Non-Gaussian Distributions: Theory and Portfolio Applications.

Publications

A complete list of publications is available on Google Scholar. Selected recent publications are listed below.

Benuzzi, M., Bax, K., Paterlini, S. & Taufer, E. (2025).
Chasing ESG performance: How Methodologies Shape Outcomes.
International Review of Financial Analysis. DOI: 10.1016/j.irfa.2025.104239

Bax K., Broccardo, E., Paterlini S. (2024).
ESG factor and financial returns: what is the relationship? Investigating ESG Factor Models.
Current Opinion in Environmental Sustainability, 66 (Feb. 2024, 101398). DOI: 10.1016/j.cosust.2023.101398

Bax K., Bonaccolto, G., Paterlini, S. (2024).
Spillovers in Europe: the Role of ESG.
Journal Financial Stability, 72(2024, 101221). DOI: 10.1016/j.jfs.2024.101221

Benuzzi, M., Klaser, K., Bax, K. (2024).
Which ESG+F dimension matters most to retail investors? An experimental study on financial decisions and future generations.
Journal of Behavioral and Experimental Finance, 41(2024, 100882). DOI: 10.1016/j.jbef.2023.100882

Bax K., Müller S., Paterlini S. (2023).
Sustainability Transmission through Focal Nodes in Supply Chain Networks.
Finance Research Letters, 58(Part C, Dec 2023, 104476). DOI: 10.1016/j.frl.2023.104476