a key determinant of risk premia at all investment horizons. As the investment horizon increases, transitory risks …

a heteroskedasticity-based estimation technique. The results indicate that increases in what we call the "war risk …

This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity …-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices …, a widening of lower-grade corporate spreads, a fall in the dollar, and a rise in oil prices. This war risk factor …

This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity …-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices …, a widening of lower-grade corporate spreads, a fall in the dollar, and a rise in oil prices. This war risk factor …

This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity …-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices …, a widening of lower-grade corporate spreads, a fall in the dollar, and a rise in oil prices. This "war risk factor …

Uncertainties affect both the stock and bond markets. Thus, we evaluate whether world uncertainty indices perform … better than stock and bond market indicators in forecasting U.S. GDP growth. We find that while U.S. World Uncertainty Index … highlight that both world uncertainty indices and financial market variables are important indicators to gauge the health of the …