inclusion of two other aspects: namely the yield and the global risk associated to the portfolio using the CAPM model and the … that none the fund managers have either “selection ability†or “timing abilityâ€. However, risk and return analysis …

A fixed effects panel data estimation of the determinants of European government default risk is undertaken. Credit … risk of sovereign debt is assessed by comparing yields on benchmark government bonds with high-quality private risk … government default risk to depend positively on changes in the debt to GDP ratio and the variability of inflation and negatively …

yield volatility. Sandmann and Sondermann derived conditions for the calibration to be feasible when the conditional short … rate volatility is used. In this paper conditions are investigated under which calibration to the yield volatility is … the yield volatility breaks down for apparently plausible inputs. In implementing the calibration from period n to period …

most combinations of GM traits leads to an increase in both yield variability and downside risk. … risk decreasing., and hence, insurance premiums for US corn growers who plant approved hybrids have been reduced. In this … of GM traits is likely to affect production variability and downside risk. We estimate a heteroskedastic production …

way to estimate conditional crop yield distributions. We present a moment based model that extends previous approaches in … several dimensions, and can be easily estimated using standard econometric estimators. Upon identification of the yield … climate and irrigation affect the shape of the yield distribution, and compare our findings to other moment based approaches …