important source of consumption risk as two thirds of households are involved in some level of agricultural production. For … South Africa, we focus on labor market risk proxied by transitions from formal employment to informal work or unemployment …

The aim of this paper is to provide an application of the Shapley Value to decompose financial portfolio risk …. Decomposing the sample covariance risk measure yields relative measures, which enable securities of a portfolio to be classified … according to risk scales. …

magnitude of tax revenue receipts. A framework is presented for risk management of daily tourist tax revenues for the Maldives … tourist arrivals and their growth rate is analogous to the volatility (or dynamic risk) in financial returns. In this paper …

This paper derives two new improved risk metrics LAPVaR and LAPSF. Traditional VaRDeltaNormal valuation exaggerates … Shortfall – PSF – uses option theory to solve the problem that, under any circumstance, the risk amount is never greater than … the portfolio value. Risk to LIQUIDATION means every day-t, a portion of portfolio assets-i, for integer i ϵ (1, N) is …

group of nonconventional economies like the GCC countries, where risk-sharing based financial system is prominent and … foreign investment, risk-free interest, derivatives, etc. are not as widespread as in Western economies. Design … risk-sharing based financial system does not necessarily protect the stock market from US uncertainty shock. However, the …