disclosures about derivatives information in total as well as for currency risk, interest rate risk and liquidity risk. The …

view that monetary policy easing induces greater risk-taking by banks but also shows that the relationship between real … interest rates and banking risk is more complex. Ultimately, it depends on how much skin in the game banks have. The central …

We present evidence of a risk-taking channel of monetary policy for the U.S. banking system. We use confidential data …’s survey of terms of business lending. We find that ex-ante risk taking by banks (as measured by the risk rating of the bank …

Optimal hedging level, minimum-risk hedging level, and hedging effectiveness are defined in a manner consistent with … portfolio theory and used to analyze hedging potential in cattle feeding. Estimated upper limits on optimal hedging levels … futures trading costs are taken into account, optimal hedging levels are depressed below these limits, depending upon the …

A dynamic hedging problem with stochastic production is solved. The optimal feedback rules recognize that future hedges … numerically. This analysis enables the hedger to select his appropriate level of risk aversion. …

manufacturing industries, while also providing a risk management tool for construction firms and special events organisers, although …A theoretical optimal hedging model is developed to determine potential demand from Australian farmers for a hedging … have been developed to hedge price risk on capital markets; however, in more recent times new financial instruments …

countercyclical payment hedging is optimal for risk-averse decision makers. However, optimal hedge ratios depend on planting time …