consumption across countries from the predictions of models with full risk sharing. It is commonly believed that these risk … that the full risk sharing equilibrium may not require much diversification of equity portfolios when there is price …

concerns about crypto assets been picked up in systemic risk assessment, and what can be done going forward? In this paper, we …, we propose a country-level Crypto-Risk Assessment Matrix (C-RAM) to summarize the main vulnerabilities, useful indicators … weave in specific vulnerabilities stemming from crypto asset activity into their assessment of systemic risk, and how they …

climate risk analysis …

risk events driven by climate change, rather than just individual extreme events, to better understand financial stability …

climate mitigation, and the direction of the risk is identified through manual labels. The documented risk premium indicates …

building a dynamic stochastic general equilibrium model linked to global climate and a catastrophe risk model specifically for … drawing strong conclusions about the relevance of climate risk, as the model focused only on typhoons' physical capital …

This paper presents a simple heuristic measure of tail risk, which is applied to individual bank stress tests and to …

This paper investigates the effects of national culture on firm risk-taking, using a comprehensive dataset covering 50 …,000 firms in 400 industries in 51 countries. Risk-taking is found to be higher for domestic firms in countries with low … to take substantially more risk in industries which are more informationally opaque (e.g. finance, mining, IT). Risk …

in terms of identifying risks that are often overlooked before turining to the optimal risk-sharing between the public … and private partners, in particular with respect to information asymmetries in risk perceptions. This allows us to propose …Intro -- Contents -- I. Introduction -- II. The development of PPPs -- III. Risk sharing, asymmetry of information, and …

Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of … Non-Purchase -- VII. Improving Household Risk Management: Tentative Lessons and Conclusions -- References -- VIII …