Showing 1 - 10 of 15,030
Research on risk communication relates basic risk perception studies to the formulation of policies, the currently … evolving legislation dealing with hazards, the key issues of public involvement, the risk and environmental management. Risk … communication is a relatively new field based on a sociological approach. The discipline comes from risk perception studies …
Persistent link: https://www.econbiz.de/10011608544
, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the correlation between …
Persistent link: https://www.econbiz.de/10010273728
is a new risk factor for enterprises taking part in this system. In this paper, we analyze how risk emerging from … loss account accounting for uncertainties and dependencies. Consequently, this model provides a basis for risk assessment …
Persistent link: https://www.econbiz.de/10010271411
This paper discusses methods to quantify risk and uncertainty in macroeconomic forecasts. Both, parametric and non … macroeconometric model of the Bundesbank for Germany. Forecast intervals that integrate judgement on risk and uncertainty are obtained. …
Persistent link: https://www.econbiz.de/10010295862
Als Teil des operationellen Risikos stellt das Modellrisiko eine wichtige Komponente für die Risikoermittlung bei Finanzinstitutionen dar. Da letztere z.B. bei der Tarifierung und Bepreisung von Derivaten bzw. Portfolien oder bei der Markt- und Kreditrisikoberechnung auf stochastische Modelle...
Persistent link: https://www.econbiz.de/10010289014
-known spectral measure of risk is. We investigate the above mentioned six axioms using tools from general equi- librium (GE) theory …Coherent measures of risk defined by the axioms of monotonicity, subadditivity, positive homogeneity, and translation … invariance are recent tools in risk management to assess the amount of risk agents are exposed to. If they also satisfy law …
Persistent link: https://www.econbiz.de/10010494343
This paper offers two innovations for empirical growth research. First, the paper discusses principal components augmented regressions to take into account all available information in well-behaved regressions. Second, the paper proposes a frequentist model averaging framework as an alternative...
Persistent link: https://www.econbiz.de/10010294001
Research on risk communication relates basic risk perception studies to the formulation of policies, the currently … evolving legislation dealing with hazards, the key issues of public involvement, the risk and environmental management. Risk … communication is a relatively new field based on a sociological approach. The discipline comes from risk perception studies …
Persistent link: https://www.econbiz.de/10011608545
exercises demonstrate the importance of integrating model uncertainty and parameter uncertainty to address potential model …
Persistent link: https://www.econbiz.de/10010292369
dynamic filter whose embedded feedback control recursively corrects for model uncertainty, including additive and parameter … uncertainty and possible equation misspecifications and approximations. This correction sensibly enhances the robustness of the …
Persistent link: https://www.econbiz.de/10011604963