. To assess the risk and valuation implications of these seasoned equity issuances, we conduct an event analysis using …

Weather is a key source of income risk, particularly in emerging market economies. This paper uses a randomized …-return but higher-risk cash crops. Our results support the view that financial innovation can mitigate the real effects of … uninsured production risk. Addressing the puzzle of low adoption, we show that payouts improve trust in the product and that …

This paper examines how risk in trading activity can affect the volatility of asset prices. We look for this … swap spread tends to converge to a long-run level, although trading risk can sometimes cause the spread to diverge from … that level. -- convergence trading ; interest rate swaps ; swap spread ; repurchase contracts ; trading risk ; volatility …

--in particular, balance sheet constraints and counterparty credit risk. The empirical evidence supports the Fed's views on the … risk as the crisis evolved in 2008. I conclude that an understanding of the prevailing risk environment is necessary in …