-Gaussian scaling and infinite-state switching volatility, stock return and cash flow predictability: the role of volatility risk, the … long and the short of the risk-return trade-off, What’s beneath the surface? option pricing with multifrequency latent … dynamics in commodity spot and futures markets, a stochastic dominance approach to financial risk management strategies …

from other potential explanations like volatility feedback, the time-varying risk premium, and a down-market effect. …

Financial risk management is difficult at the best of times, but especially so in the presence of economic uncertainty … and financial crises. The purpose of this special issue on “Advances in Financial Risk Management and Economic Policy … methods have contributed significantly to the analysis of financial risk management when there is economic uncertainty …

This paper proposes that risk aversion encourages individuals to invest in balancedskill profiles, making them more … the impactsboth of risk aversion and balanced skills on the likelihood individuals chooseentrepreneurship. Data on Dutch … university graduates provides evidence which supportsthis contention. It thereby raises the possibility that even risk …

carry the risk of contagion. In this paper we investigate how banks decide on direct balance sheet linkages and the … implications for contagion risk. In particular, we model a network formation process in the banking system. The trade-off between …

asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem … of low quality, i.e. high risk, loans and therefore reduces the risk of the bank loan portfolio. However, CVaR regulation …

become more probable too and systemic risk will actually go up after conversion. CoCo’s thus lead to a direct conflict … stress. Finally the link between CoCo conversion and systemic risk highlights the tradeoffs that a regulator faces in …