inquire systematically as to whether it may prove useful from the vantage point of participants in the weather derivatives … forecasts, but also the long-horizon density forecasts of maximal relevance in weather derivatives contexts. We produce and … evaluate both, with some success. We conclude that additional inquiry into nonstructural weather forecasting methods will …

an unusual weather pattern depend crucially on actuarial models for determining event (e.g., default) probabilities. In …

both short-run weather and long-run climate. Exploiting the longitudinal structure of the NLSY79 and random fluctuations in … weather across interviews, we identify the effect of temperature in models with child-specific fixed effects. We find that … from short run weather shocks …

, the hedging activity that requires a variance determined hedge ratio is an important component of the success of a …

Derivative contracts, swaps, and repos enjoy "super-senior" status in bankruptcy: they are exempt from the automatic …, even though this risk could be borne more efficiently by derivative counterparties. In addition, because super …-senior derivatives dilute existing creditors, they may lead firms to take on derivative positions that are too large from a social …

diversified portfolios. In contrast, hedging the carry with exchange rate options produces large returns that are not a …