The paper proposes a minimal set of commonly acceptable principles to consistently formulate amortization schedules in accordance with different contractual clauses. Our goal is bringing to the fore premises that are sometimes left implicit, and yet seem to draw a wide consensus in practice. We demonstrate by means of examples how these principles may be used to deal with risk or financial innovations, and to fill gaps arising from unforeseen contingencies.

Generally acceptable principles for financial amortization: a modest proposal

Beccacece, Francesca
;
Li Calzi, Marco
In corso di stampa

Abstract

The paper proposes a minimal set of commonly acceptable principles to consistently formulate amortization schedules in accordance with different contractual clauses. Our goal is bringing to the fore premises that are sometimes left implicit, and yet seem to draw a wide consensus in practice. We demonstrate by means of examples how these principles may be used to deal with risk or financial innovations, and to fill gaps arising from unforeseen contingencies.
In corso di stampa
2023
Beccacece, Francesca; Li Calzi, Marco
File in questo prodotto:
File Dimensione Formato  
20230824-Amortization.pdf

non disponibili

Descrizione: article
Tipologia: Documento in Pre-print (Pre-print document)
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 354.33 kB
Formato Adobe PDF
354.33 kB Adobe PDF   Visualizza/Apri
acceptanceletterDEF.pdf

non disponibili

Descrizione: Acceptance letter
Tipologia: Allegato per valutazione Bocconi (Attachment for Bocconi evaluation)
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 88.07 kB
Formato Adobe PDF
88.07 kB Adobe PDF   Visualizza/Apri
s10203-023-00420-2.pdf

accesso aperto

Descrizione: article
Tipologia: Pdf editoriale (Publisher's layout)
Licenza: PUBBLICO DOMINIO
Dimensione 291.51 kB
Formato Adobe PDF
291.51 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/4061167
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact