-dimensional construct of locus of control. We replicate a gender effect on correlations of dispositional optimism with self-reported risk …

The aim of this paper is to analyze the merits of using the Value At Risk method in estimating the risk associated with … method of the Value at Risk estimation. The analysis was made by comparing individual metallurgical companies to the Warsaw … exceedances of the designated value exposed at the assumed levels of significance. -- risk ; investment ; metallurgical sector …

substantial parameter uncertainty. We study the bias and MSE of estimators of tail probabilities and percentiles, with focus on 1 … of addressing parameter uncertainty, is seen to double the estimation bias. A bias corrected estimator is thus proposed …

We study the effect of systematic uncertainty on firms' precautionary saving motives. As systematic uncertainty changes … methodology, we construct novel, forward-looking measures of firms' exposure to systematic uncertainty through firms' future cash … needs and their costs of external financing. We find that systematic uncertainty increases firm cash holdings through both …

risks. Hence, we state a return-risk trade-off for the human capital investments in Denmark …In this paper we test for risk compensation in wages using Danish panel data. With the conviction that the type of … Danish population to calculate different measures of earnings risk by education. Our long panel data set also allows us to …

-of-the-art methods of text analysis, we construct a daily index of uncertainty about the war as perceived by German Twitter. The approach … also allows us to separate this index into uncertainty about sanctions against Russia, energy policy and other dimensions …. We then estimate a VAR model with daily financial and macroeconomic data and identify an exogenous uncertainty shock. The …

-of-the-art methods of text analysis, we construct a daily index of uncertainty about the war as perceived by German Twitter. The approach … also allows us to separate this index into uncertainty about sanctions against Russia, energy policy and other dimensions …. We then estimate a VAR model with daily financial and macroeconomic data and identify an exogenous uncertainty shock. The …

We uncover a negative correlation between macroeconomic uncertainty and security analyst earning forecasts dispersion … herding bias, have greater firm-level uncertainty than non-herding firms. The stock prices of the herding firms have stronger … be overpriced and earn lower subsequent returns. Our study links the interaction between macro-uncertainty and micro …

This paper studies empirically the relationship between trade policy and individual income risk faced by workers. The … parameters in various manufacturing sectors. The estimated income risk parameters and data on trade barriers are then used to … analyze the relationship between trade policy and income risk. Finally, a simple dynamic general equilibrium model with …