paper is that a highly short-sighted investment horizon is required for the historical equity premium to be explained by … loss aversion, while reasonable values for disappointment aversion are found also for long investment horizons. So, stocks …

We use cross-country microdata to analyse the risk taking of households in Europe and the US. Concerning the extensive … inside Europe we document substantial differences. Furthermore, average risk aversion is strongly correlated with the share … explainable by household characteristics as well as differences in risk aversion and a remainder. We employ the unexplained part …

and the 2010-2012 European sovereign crisis. This effect is attenuated for banks with lower credit risk, sounder capital …

We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standarddeviation increase in Brexit uncertainty …

We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standard-deviation increase in Brexit uncertainty …

structural vector autoregression model to study the relationship between different sources of uncertainty and investment in … machinery and equipment as a proxy for business investment. We document strong heterogeneity and asymmetries in the relationship … between investment and uncertainty across and within countries. For example, while investment in France, Italy and Spain …

I study rollover risk in the wholesale funding market when intermediaries can hold liquidity ex-ante and are subject to …