1996-2006, the changing risk profile of LPTs is assessed. Since 2003, while the "expectation" was for higher LPT risk … levels, there has been no evidence of increased levels of LPT risk, particularly in the international LPT and stapled … securities LPT sectors. LPT correlations with the stockmarket have also decreased. The resulting risk profile for LPTs sees the …

that an individual petty corrupt behaviour is a consequence of the theoretically-optimal behaviour for the risk …) occasionally for the risk-seeking official, who subjectively underweight rare event and its probability. …

This paper presents a study of asset price volatility, correlation trends and market risk-premia. Recent evidence … correlation are trended up-wards. We estimate a linear model of the market risk-return relationship nested in an EGARCH …(I,I)-M model for conditional second moments. We then show that traditional estimates of the conditional risk-return relationship …