The paper presents the original research results on the corporate risk-management practices in the large Slovenian non-financial companies. The implementation of different risk-management strategies and the use of risk-management instruments are thoroughly investigated, primarily through a...

The aim of our paper is to disentangle the relationship between ownership and wages using cross-section data for Slovenian medium size and large companies, where we account for spatial dependencies in wage determination. Space here is not considered in geographical context, but as a set of...

The main objective was to assess the risk of farmers in the European Union and to analyze the impact of agricultural policy changes on the main components of income namely price and production risks. In order to achieve this, qualitative considerations and quantitative analyses covering the...

This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve under Abenomics. Results from a panel regression analysis for major advanced economies shows that long-term government bond yields in Japan are determined to a large extent by...

Interest income is the most important source of revenue for most banks. The aim of this paper is to assess the impact of different interest rate scenarios on the banks' interest income. As we do not know the interest rate sensitivity of real banks, we construct for each bank a portfolio with a...

Interest income is the most important source of revenue for most banks. The aim of this paper is to assess the impact of different interest rate scenarios on the banks' interest income. As we do not know the interest rate sensitivity of real banks, we construct for each bank a portfolio with a...

This report examines some of the implications of price risk and volatility, and weather risks in the LAC region that are important threats to already vulnerable populations. It considers the advantages and limitations of a set of financial instruments for managing these risks; and identifies...

This report examines some of the implications of price risk and volatility, and weather risks in the LAC region that are important threats to already vulnerable populations. It considers the advantages and limitations of a set of financial instruments for managing these risks; and identifies...

In this paper, we design and evaluate eight different strategies for hedging commodity price risks of industrial cogeneration plants. Price developments are parameterized based on EEX data from 2008 to 2011. The probability distributions derived are used to determine the value-at-risk (VaR) of...

In this paper, we design and evaluate eight different strategies for hedging commodity price risks of industrial cogeneration plants. Price developments are parameterized based on EEX data from 2008-2011. The probability distributions derived are used to determine the value-at-risk (VaR) of the...