Weather derivatives have become very popular tools in weather risk management in recent years. One of the elements supporting their diffusion has been the increase in volatility observed on many energy markets. Among the several available contracts, Quanto options are now becoming very popular...

The hedging of weather risks has become extremely relevant in recent years, promoting the diffusion of weather derivative contracts. The pricing of such contracts require the development of appropriate models for the prediction of the underlying weather variables. Within this framework, we...

The empirical analysis in this paper adopts logit models to study the hazard rate of ceasing from work by the next year for Italian older employees. The specifications are estimated resorting to the framework proposed by Guell and Hu (2006), which extracts information from repeated independent...