&P and downward trending Nikkei, are compared. In conclusion, average investor's risk and return ratios improve with horizon …

The relationship between land investment and tenure security is usually tested in land scarce but peaceful areas. This … article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that … war enhances land abundance. This implies that farm size for the analysis of land investment and tenure security. The …

We provide new evidence on the impact of one severe weather shock on child height in Mongolia. Our focus is on the … and mitigation channels to cushion the impact of the weather shock. Wealthier households and households led by a more … effects by exploiting exogenous variation in the intensity of the shock across time and space. Results reveal that the shock …

comparably low returns and high risk has become known as the private equity premium puzzle. This paper provides evidence … supporting the hypothesis that lower risk aversion of entrepreneurs, and not necessarily credit constraints, may explain this … portfolios and experimentally validated risk attitudes. The results show that both the ownership probability and the conditional …

earnings deter risk-averse individuals. In this paper I analyse the expected value and variance of income in self …-employment entry and exit under risk are estimated, which include a standard risk aversion parameter. The model predicts that the …

parameter of risk aversion. The simulation results indicate that flatter tax systems do not encourage, but rather discourage … people from choosing self-employment. This is explained by the reduction of entrepreneurs' income risk through progressive …

socioeconomic characteristics, the propensity for taking investment risk is an important predictor of a household's diversification …This paper explores the relationship between risk attitude and asset diversification in household portfolios. We first … examine the impact of manifested risk aversion on the total number of distinct assets held in a portfolio (naive …