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main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader …
Persistent link: https://www.econbiz.de/10010299407
) have been chosen to build the optimal portfolio. Cash funds were selected because they represent a form of risk … minimum deviation of the selected stocks. Calculated optimal portfolio achieves better expected value than investing in stock …
Persistent link: https://www.econbiz.de/10010435967
This paper re-examines the performance of REITs, stocks, and fixed-income assets based on the preferences of risk …-averse and risk-seeking investors using mean-variance and stochastic dominance approaches. Our findings indicate no first … order to maximize their expected utility, the risk-averse prefer fixed-income assets over real estate, which, in turn, is …
Persistent link: https://www.econbiz.de/10011843211
. The analysis of the development of commercial banking in Georgia and other transition countries points out several … Georgian banking sector has passed two development periods ending with banking success. The first period can be named as a wild … and the second as a naive-optimistic banking period. The development cleared the banking sector of weaker links and showed …
Persistent link: https://www.econbiz.de/10010280576
Our paper examines the relationship between institutional structures and the level of financial markets development in … Africa. Our paper contributes to the extant literature by using other financial market development variables-ease of access … influence the level of financial markets development in the context of Africa. We employ a two-step generalized method of moment …
Persistent link: https://www.econbiz.de/10012657438
development and slower than income at high levels of development. In that case, increasing risk-taking reinforces economic growth …This paper investigates the link between development, economic growth, and the economic losses from natural disasters …, where capital accumulates through increased density of capital at risk in a given area, it is optimal for (i) the …
Persistent link: https://www.econbiz.de/10010294283
(climate change adaptation arena, governance, politics, perception, mental models, weather discourses, risk, blame, travelling …
Persistent link: https://www.econbiz.de/10010327433
We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …
Persistent link: https://www.econbiz.de/10010278525
One of the significant problems of a modern economy and economics is political risk. A destructive influence of … business activities. Moreover, many hidden political factors change the political risk into immeasurable political uncertainty. …
Persistent link: https://www.econbiz.de/10011551409
The last years have been faced with a blasting development of the Socially Responsible Investments (SRI) worldwide even … analyze the return and risk characteristics of the sustainably managed companies that pay particular attention to the … portfolio managers. For the comparative analysis we started from the study of descriptive characteristics of return and risk of …
Persistent link: https://www.econbiz.de/10012017084