determinant of international stock market liquidity. Increased risk perception reduces liquidity around the world, and its impact …We show, using data for 57 countries over the 1990–2015 period, that investors' risk perceptions are an important … short-selling constraints. It is not driven by periods of extreme changes in risk perception, expansionary or recessionary …

Since 2007, an increase in risk or risk aversion has resulted in a US dollar appreciation and greater deviations from … covered interest parity (CIP). In contrast, prior to 2007, risk had no impact on the dollar, and CIP held. To explain these …

idiosyncratic entrepreneurial risk- a risk that introduces, not only a precautionary motive for saving, but also a wedge between the …