Showing 1 - 10 of 300
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. It uses a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of...
Persistent link: https://www.econbiz.de/10012568116
This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns using …-interest income generating activities such as trading increases the rate of return on assets, and it may offer some risk …, although it can offer some risk reduction at commonly observed low levels of non-deposit funding. A sizeable proportion of …
Persistent link: https://www.econbiz.de/10012551765
improving households' risk-management through income diversification. The intervention targeted agricultural households exposed …
Persistent link: https://www.econbiz.de/10012552157
price and causes a risk-neutral firm to reduce ex ante emissions so as to smooth out marginal abatement costs over time. The …
Persistent link: https://www.econbiz.de/10012552663
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the … on workers to estimate time-varying individual income risk parameters in different manufacturing sectors in Mexico … and income risk for workers of varying education levels. The authors' findings are as follows. The level of openness of an …
Persistent link: https://www.econbiz.de/10012552726
Among policy instruments to control future greenhouse gas emissions, well-calibrated general intensity targets are known to lead to lower uncertainty on the amount of abatement than emissions quotas (Jotzo and Pezzey 2004). The authors test whether this result holds in a broader framework, and...
Persistent link: https://www.econbiz.de/10012553853
This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and … three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in … various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the …
Persistent link: https://www.econbiz.de/10012554113
, they also extend previous work by assessing the extent of risk protection afforded by formal health insurance, and by …
Persistent link: https://www.econbiz.de/10012554195
The most basic argument for insurance is that it reduces financial risk. But since insurance opens up new opportunities …, it is not immediately obvious that insurance will in practice reduce financial risk. The authors analyze the effect of … capita income. The estimates of the effect of insurance on financial risk allow for the possible endogeneity of health …
Persistent link: https://www.econbiz.de/10012554196
Which cities have the highest risk of human and economic losses due to natural hazards? And how will urban exposure to … major hazards change over the coming decades? This paper develops a global urban disaster risk index that evaluates the … components of this risk measure are urban hazard characteristics, exposure, and vulnerability. For earthquakes, cyclones, floods …
Persistent link: https://www.econbiz.de/10012560111