those of small banks. In explaining this, we note that regulation imposes an effective cap on banks' equity volatility … we reject the hypothesis that small banks lower their equity volatility through lower leverage. Instead, we find that the …

volatility around seasoned equity offerings (SEOs). These findings are consistent with the uncertain signal hypothesis that … higher stock return volatility. We also provide direct evidence that changes in liquidity is positively associated with stock … price adjustment. However, the relations among liquidity, volatility and price movements appear to rely on how SEOs are …

market volatility affects the hedge fund returns or not is one of the main questions that we ask in the article. Our results … reveal that stock and bond market volatility do not have a significant impact on fund returns for the most part, which is a … result that is robust to various measures of volatility. Among the four regions we examine, only the emerging market hedge …

comovement using the cross-sectional volatility, covariance, and correlation metrics proposed in Adrian (2007). In addition, the … paper examines whether correlations and covariance are important determinants of future volatility via traditional time … average correlations, stemming from an increase in hedge fund volatility, is documented. The time-series regressions are …

readily identified and richly characterized: sub-castes in rural India. A model allowing for both idiosyncratic and aggregate … idiosyncratic losses enhance the benefits of index insurance. Formal index insurance enables households to take more risk even in …

decisions together with other household economic decisions in a life cycle framework. I show how idiosyncratic uncertainty might …

corporate profitability; there will be developed a complex perspective, following up the mixture between idiosyncratic and …