Showing 1 - 10 of 14,418
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
In this paper we study the question of debt sustainability from a risk management perspective. The debt accumulation … of risk, there are paths in which it is clearly unsustainable. Furthermore, we show that properties of the debt dynamics …
Persistent link: https://www.econbiz.de/10011807312
We address the problem how to estimate default probabilities for sovereign countries based on market data of traded debt. A structural Merton-type model is applied to a sample of emerging market and transition countries. In this context, only few and heterogeneous default probabilities are...
Persistent link: https://www.econbiz.de/10010296810
Instruments of risk mitigation play an important role in managing country risk within the foreign direct investment … (FDI) decision. Our study assesses country risk by state-dependent preferences and introduces futures contracts as a tool … of risk mitigation. We show that country risk assessments related to foreign direct investment do not matter if the …
Persistent link: https://www.econbiz.de/10010301354
This paper examines the nexus between capital flows and real exchange rate (RER) in emerging Asian countries using a dynamic panel-data model for 2000–2009. In contrast to previous studies, capital flows here are separated into foreign direct investment (FDI), portfolio investment, and other...
Persistent link: https://www.econbiz.de/10010507296
system's ability to evaluate and manage risk has therefore been identified as a precondition for more ambitious … liberalization efforts in the future (Dobson and Jacquet, 1998). Encouragingly, in some countries banks have begun to implement Value-at-Risk … role in determining the extent of market risk on the macroeconomic level, with potentially important implications regarding …
Persistent link: https://www.econbiz.de/10010301752
Persistent link: https://www.econbiz.de/10010318012
irreversible investment and the option pricing approach, we show that the link between sovereign risk and investment flexibility …
Persistent link: https://www.econbiz.de/10011608324