unknown future basket weights optimally forecasted from past exchange rate data? And, second, how is risk—in terms of the …

and then asses how they affect an emerging economy whose interest rate is affected by a world risk-free rate and a risk …

suggest that idiosyncratic risk is: higher at times of large return outcomes for the asset class as a whole; positively … autocorrelated; and correlated across different asset classes. The implications for risk management are discussed …

This paper predicts downside risks to future real house price growth (house-prices-at-risk or HaR) in 32 advanced and … overvaluation, excessive credit growth, and tighter financial conditions jointly forecast higher house-prices-at-risk up to three … years ahead. House-prices-at-risk help predict future growth at-risk and financial crises. We also investigate and propose …

This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of …

This paper reviews the rules in place in selected countries to limit risk concentrations in the credit portfolio. The … in imposing standards for risk diversification in the credit portfolio. The issues reviewed for each country are the …