whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the …

creditors play an active role in disciplining. Block purchases have a monitoring role in Belgium and Germany, but not in France …-executive directors. Board restructuring is correlated to poor performance, but not for France. Neither existing blockholders nor …

examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a … graduates face a higher risk of getting unemployed in Germany than in France. Concerning the reemployment prospects of the … higher risk of entering unemployment whereas the risk, when unemployed, of not getting reemployed is lower than in Germany …

large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH … model performs well, the estimation for the German stock index could be significantly improved by an extension which follows …

first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany … in other countries leading to a feedback on Germany. The paper provides a short overview over the basic model. The … modelling approach and estimation results for the trade submodels are presented in some detail and simmulation results for the …