institutions and governance on environmental policy, environmental outcomes, and investments. The paper describes how the … opportunities for empirical work that have recently emerged with the growing availability of data in the field of green investments …

increases in risk taking. Where we can separately identify changes in risk-independent performance and risk taking, our … increases in risk taking. These effects are concentrated among those closest to the margin of elimination and among lower …

In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … just improve the allocation of risk at the individual level, but also have implications for the allocation of risk at the … more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes …

performance of individual securities. Risk premia (spreads) increase with the proportion of traders in the market who are averse …

parametric and non-parametric measures to capture expected wage risk. These wage risk measures are unfettered by heterogeneity … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample … anticipate that the market provides compensation for risk, as has been established with Risk Augmented Mincer earnings equations …

. Furthermore, we establish two quantitative results. Firstly, modest levels of risk aversion are necessary to match observed debt … ; Collateral ; Income risk ; Bankruptcy …

, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it … determining the cyclical properties of labor market risk. -- Life-cycle risk ; uncertainty fluctuations ; business cycle …