This paper estimates the premium for volatility risk for European currency options written on British pounds. The average annualized premium for volatility risk is neither statistically different from zero nor invariant to the option's moneyness. However, the risk premium is positively and...

Using data from Labor Force Survey (LFS) 2006-07, this study documents the impact of human capital on decision to migrate in different dimensions. The results show that education plays an important role in determining the dimension of internal migration in Pakistan and education is more...