future M&A activity. Uncertainty is mainly a driver of horizontal and vertical M&A, while output price uncertainty of … upstream firms is a more important driver of M&A activity than the input price uncertainty of downstream firms. Our results …

demonstrate that geopolitical risk plays an important role in determining both oil price volatility and (to a lesser extent) stock …

We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice … of persistent and transitory components in the dynamic process for income. We fo- cus on what can be learned from … environment is used to show the robustness of the method for decomposing income risk. The approach is used to investigate the …

We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The … approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross …-section data and can allow for mixtures of persistent and transitory components in the dynamic process for income. Evidence from a …

, the results seem to support theoretical predictions and show a structural change in income risk characteristics of energy …

equity price volatility, closely tracking other prominent measures commonly adopted to assess uncertainty. The dynamic …