Irrigation in the Eastern US receives little attention compared to the West, but farmers in humid states of the US …, traditionally reliant on rainfall, have more than tripled irrigation since 1978. We examine this trend in Illinois where there has … been a nearly threefold increase in center pivot irrigation systems (CPIS) installations since 1988. Specifically, we …

This paper investigates the dynamic evolution of tail risk interdependence among U.S. banks, financial services and …. The tail risk interdependence measurement framework relies on the multivariate Student-t Markov switching (MS) model and … the multiple-conditional value-at-risk (CoVaR) (conditional expected shortfall (CoES)) risk measures introduced in …