We examine whether sensitivities to cash flow (CF) and discount rate (DR) risk in down markets provide an explanation … how productivity and financing constraints asymmetrically impact the systematic risk of low-investment and high …

analysis is enriched by including geographical, sectoral, company and ISIN-level data to assess transition risk. We find that … investment funds suffer a moderate 5.7% loss upon materialization of a high transition risk scenario. However, the risk …, convexity and volatility of individual exposures. We find that sustainable funds are less exposed to transition risk and perform …

not embed any conceptual contradictions, because consistent with stylized theory - dichotomy of risk premium functions … marginal utility for wealth necessarily is facilitated by a risk premium function that only robustly is parameterized with … reference to `relative safety', as opposed to `relative riskiness' of assets, a risk premium function that then explicitly is …

risk measures for portfolios with infrequently traded securities have not been explored in the literature. We propose a … methodology to calculate market risk measures based on the Kalman filter which can be used on incomplete datasets. We implement … applied to other markets with thinly traded securities. Our methodology provides reliable market risk measures in portfolios …

risk measures for portfolios with infrequently traded securities have not been explored in the literature. We propose a … methodology to calculate market risk measures based on the Kalman filter which can be used on incomplete datasets. We implement … applied to other markets with thinly traded securities. Our methodology provides reliable market risk measures in portfolios …