cover pool and the payment structure. They offer unified risk metrics for the European covered bond universe, which ensures …This paper proposes a set of indicators relevant for the risk characteristics of covered bonds, as based on granular … granular risk indicators adds to the overall transparency of the market in the context of risk monitoring. …

Empirical studies advocating the temporal variability of risk attitudes suggest that adverse covariate shocks … significantly alter risk attitudes over time, but there is no consensus on the direction. In this paper, we investigate whether risk … rainfall data for rural Thailand and Vietnam. Our econometric analysis shows that temporal variability in risk attitudes is …

This paper investigates the interdependence between the risk-pooling activity of the financial sector and: output …, consumption, risk-free rate, and Sharpe ratio in a dynamic general equilibrium model of a productive economy. Due to their … to mitigate their risk through a financial sector. The financial sector pools risky claims issued by different firms …