risk defined by the banks’ internal credit rating. The analysis is not restricted to a static view. It also incorporates …This study examines the relation of bank loan terms like interest rates, collateral, and lines of credit to borrower … weighted average of credit rating before and after a rating transition serves to compensate for low earlier profits caused by …

three-months intervals for their willingness to take risk, three-months expectations of returns and risks for the market and … their own portfolio, and self-reported risk attitude. This unique dataset allowed us to analyze how these variables changed … over time, and whether changes in risk taking were related to changes in expectations and/or risk attitudes. Risk taking …

that individuals exercise options very early and in a few large transactions. Risk aversion and holdings of company stock …