This study employs a non-parametric approach to investigate the volatility risk premium in the over-the-counter currency option market. Using a large database of daily delta-neutral straddle quotes in four major currencies—the British pound, the euro, the Japanese yen, and the Swiss franc—we...

This study employs a non-parametric approach to investigate the volatility risk premium in the over-the-counter currency option market. Using a large database of daily delta-neutral straddle quotes in four major currencies - the British pound, the euro, the Japanese yen, and the Swiss franc - we...

Intangible capital has become an increasingly important factor for production in the knowledge economy. We use a large sample of U.S. firms and their major customers to test whether the presence of socially responsible customers can have an influence on suppliers' intangible capital investment...