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Weather affects the economies worldwide and all economic sectors are to some extent weather sensitive. Agriculture is traditionally highly weather sensitive. While the catastrophic impact of weather h...
We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries 1992{2007. We focus on risk sharing through savings, factor income ...
Using a variance decomposition of shocks to GDP, we quantify the role of international factor income, international transfers, and saving in achieving risk sharing during the recent European crisis. ...
A forward reliability market is presented. The market coordinates new entry through the forward procurement of reliability options—physical capacity bundled with a financial option to supply energ...
This paper formulates and estimates a household-level demand for water under increasing block prices that accounts for the impact of monthly weather variation and customer-level heterogeneity in d...
Measuring the Interest;Rate Risk     Measuring  Interest  Rate Risk       2015/7/21
Measuring the Interest‑Rate Risk.
Entrepreneurship is risky. We study the risk facing a well-documented and important class of entrepreneurs, those backed by venture capital. Using a dynamic program, we calculate the certainty-equival...
In the world of increasing price volatility, it is more important than ever to understand how to manage the price risk. The paper deals with the price risk management issues associated with commoditie...
Enterprise risk management (ERM) has become a crucial component of contemporary corporate governance reforms, with an abundance of principles, guidelines, and standards. This paper portrays ERM as an ...
Weather is a key source of income risk, particularly in emerging market economies. This paper uses a randomized controlled trial involving a sample of Indian farmers to study how an innovative rainfal...
This working paper examines corporate strategies of political risk management during the twentieth century. It focuses especially on Beiersdorf, a German-based pharmaceutical and skin care company. Du...
Through the learning from existing research in China, this paper analyses the mechanism of industry environment which has deep effect on enterprise financial risk and summarizes the seven dimensions o...
Ag Land Contracts: Risk or Transac3on Costs?

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