macroeconomic volatility and risk, private saving should be higher. From the observable data, however, we find a negative … correlation between risk and private saving in cross-country comparisons, particularly in developing countries. We provide a …' investment decisions. As a result, the interaction between saving behavior, broadly construed, and aggregate risk and uncertainty …

We estimate the pricing of sovereign risk for sixty countries based on fiscal space (debt/tax; deficits/tax) and other … and economically important determinants of market-based sovereign risk. Although the explanatory power of fiscal space … emergence of TED spread as a key pricing factor. However, risk-pricing of the South-West Eurozone Periphery countries is not …

the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep … instead that the root imbalance was of a different kind: The entire world had an insatiable demand for safe debt instruments … of exposing the economy to a systemic panic. This structural problem can be alleviated if governments around the world …

food and energy markets. Geopolitical risk affects the European natural gas market more strongly than the US and Asian …

time horizons. The exposure to policy changes, measured by EIU's Trump Risk Index seems to be at play after 4 days …