We examine the pricing of tail risk in international stock markets. We find that the tail risk of different countries … mainly driven by global tail risk rather than local tail risk. World fear is also priced in the crosssection of stock returns …

Using a news-based gauge of geopolitical risk, we study its role for asset pricing in global emerging markets. We find … that changes in risk positively predict future stock returns. The countries with the highest increase in geopolitical …

momentum prediction has been proved, the predictors can be applied to momentum risk management. I introduce two new momentum … been used before. I then introduce a new method of momentum risk management that has a lower transaction cost than existing …

Index) and individual stock price crash risk. We examine the stock price behavior of 35 countries' listed firms from 2004 to …

Political risk, one of the most significant uncertainty shocks, affects firms' future attitudes toward risks and plays … a crucial role in their decision making. A stock price crash risk is a classical topic in financial markets; therefore …, this paper probes the relationship between firm-level political risk and stock price crash risk based on a sample of …

price discovery occurs around the clock for most assets. For a given asset, intraday risk and return distributions are … fairly similar, indicating a broadly constant risk-return-relationship during the day. Although the amount of price discovery … asset or other assets and by macroeconomic announcements. Both diffusion and jump risk are important drivers of intraday …