Risk exposure can be efficiently optimized in practical situations, using a new apporach to identification of investor …'s risk aversion. …

This paper deals with the issue of calculating daily Value-at-Risk (VaR) measures within an environment of thin trading … complete panel data generated in phase I. Phase III, shows how to back-test the VaR measures obtained in phase II using the … issue for financial risk management in emerging markets. …

risk management and various forms of structured finance. It explores the constraints that these entities face in using … modern financial markets, including counterparty and sovereign risk obstacles, and problems in their legal and regulatory …

This paper starts with an overview of the current literature on the cost of price risk exposure to developing country … farmers. It then discusses market-based price risk management instruments (such as futures and options) that can be used by … farmers, as well as various mechanisms through which farmers' associations can facilitate farmers' access to price risk …

Merton�s Intertemporal CAPM to test whether these four sources of risk command different risk prices. The model performs well …-price ratios and past risk. It generates high estimates for the explained cross-sectional variation in average returns, lower … coefficient of relative risk aversion. …

enabling investigation at different return intervals. For some portfolios, the relative risk positions indicated by systematic … timescales. The beta risk is priced in the up and down markets and the co-kurtosis is not. Co-skewness does not appear to be …

. The evidence shows that most of the strategic investment risk in Asian countries is attributable to the risk amplitudes of … extended to include market risk measurements for n countries. Exploiting a selection matrix based on the cash accounting … fundamental investment choices between stock market premiums and currency swap returns. The original n2 multi- currency strategic …