firm-level capital investment, risk management, and debt issuance. The effects of uncertainty vary significantly by firm … capital investment is significantly weaker for firms that hedge their output price risk. Our analysis highlights that, in the … ability to hedge risk exposures …

degree of pessimism of the representative agent is the mean of the individual ones weighted by their index of absolute risk …

between policy uncertainty and corporate risk-taking. We show that high levels of policy uncertainty are associated with … to their own firm and by reducing firm-level risk-taking. Furthermore, our results support the hypothesis that CEO risk …

investment and expected returns. In imperfectly competitive industries, a firm's exposure to systematic risk is jointly affected …

Failure to correct for pension risk leads to upward-biased discount rate estimates in firms with pension risk exposure …. The result is a negative and economically significant relation between pension risk and corporate investment. The effect …

presented provides an ability to evaluate sustainable withdrawal rates and exposure to sequence risk together …

investigate how the structure of those networks can affect the capacity of regulators to assess the level of systemic risk. We … of systemic risk in terms of expected losses. We further quantify the effects of cyclicality, leverage, volatility and …

the addition of several new chapters on risk sharing, asymmetric information, adverse selection, signaling and moral …