Risk estimation or volatility estimation at financial markets, particularly stock exchange markets, is complex issue of … pricing of stocks and better risk management. The aim of this research is to test applicability of simple models like Simple … Moving Average (SMA) and Exponentially Weighted Moving Average (EWMA) to estimate risk. The performance of SMA and EWMA with …

This paper analyzes the impact of US firms’ equity risk on bank lending standards and on the macroeconomy for two … groups: small and medium-large firms. The results indicate that a higher level of firm risk leads to a higher percentage of …-large firms. The finding provides support for the Risk Management Hypothesis, under which banks decrease lending to risky …

I study optimal financial contracting when neither cash flows nor the risk profile of project choices are verifiable … have an excessive risk-taking incentive; in fact, my model predicts that the firm may choose an excessively safe risk … structure, the asset-substitution problem leads to a more efficient risk-profile choice …

The interaction of capital and risk for trading and treasury units is of primary interest in the corporate governance … of banks as it links operational profitability and strategic risk management. During the financial crisis, several banks …' trading units suffered significantly higher losses than their risk capital charged based on value-at-risk constraints. There …

Financial risk management is difficult at the best of times, but especially so in the presence of economic uncertainty … and financial crises. The purpose of this special issue on "Advances in Financial Risk Management and Economic Policy … methods have contributed significantly to the analysis of financial risk management when there is economic uncertainty …

between risk and uncertainty is implemented by applying the Gilboa-Schmeidler (1989) maxmin with multiple priors framework to …

Asset market liquidity risk is a significant and perplexing subject and though the term market liquidity risk is used … quite chronically in academic literature it lacks an unambiguous definition, let alone understanding of the proposed risk … measures. To this end, this paper presents a review of contemporary thoughts and attempts vis-à-vis asset market/liquidity risk …