The risk of default that business firms face is very significant and differs widely across countries. This paper … explores the links between countries' business conditions and international trade embedment and the default risk at the country … default risk of firms which operate in these environments. The predictions are in accord with readily available data …

prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors …

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk …

are too impatient to save and too risk averse to take the sort of chances needed to accumulate wealth. The empirical … the issues confounding previous analyses of the links between risk preferences and well-being. Our sample includes more … on risk preferences, we find little evidence of robust links between risk aversion and well-being. However, when we …

in levels of fatal risk. The paper contrasts VSL estimates from conventional analysis with the bounds obtained under this …