Short term climate events such as the sea surface temperature anomaly known as El Niño are financial risk sources … leading to incomplete markets. To make such risk tradable, we use a market model in which a climate index provides an extra … investment option. Given one possible market price of risk each agent can maximize the exponential utility from three sources of …

Standardabweichungen zu testen. Wir erweitern die bestehende Literatur, indem wir zahlreiche Charakteristika identifizieren, die Risiko und … to explain cryptocurrency risk and return. …

reliance of European investors on banks and build up a market-based risk-sharing channel between member states. Our empirical … provide evidence that (i) financial flows are generally pro-cyclical; (ii) market-based risk-sharing mechanisms tend to break … systemic financial crisis. During the Great Recession, failing market risk-sharing was replaced by the ECB through the cross …

To provide a foundation for political decisions regarding terrorism in Germany, this risk must be thoroughly analyzed …. Therefore, an objective risk assessment has to be undertaken. This was done in a sub-project of "Risk Map Germany" (www …Um politische Entscheidungen zum Umgang mit dem Terrorismus in Deutschland treffen zu können, ist eine eingehende …

dabei die Entwicklung in den letzten 15 Jahren in den Blick. Frühere Studien für Deutschland weisen darauf hin, dass das … give a bird view of the evolution during the past 15 years. Previous studies on Germany point to a banking system dominated … traditional, they preferred less risk and they acted on more segmented regional markets. The current crisis may lead to deep …

support schemes. Regarding the regulation of the labour market in Germany, there is no need to re- or de-regulation fixed …

Deutschland von elektrischen Fahrzeugantrieben keine signifikanten CO2-Einsparungen zu erwarten. Langfristig könnte durch ihre …