The aim of this paper is to analyse precautionary saving associated with income risk over the last two decades in Spain …

risk management through contracting, and designing markets and regulation to ensure effective and sustainable competition …

of stock prices as predictors of future dividends. This paper analyses the relationship between market size and risk as …

, when the fraction of qualified owners is smaller, or when risk aversion, volatility, or hedging demand are larger. Supply …

The concept of risk is central to strategy research and practice. Yet, the expected positive association between risk … and return, familiar from financial markets, is elusive. Measuring risk as the variance of a series of accounting …-based returns, Bowman obtained the puzzling result of a negative association between risk and mean return. This finding, known as …

This paper estimates the effects of short and long haul volatility (or risk) in monthly Japanese tourist arrivals to … former has an asymmetric effect on risk from positive and negative shocks of equal magnitude, while the latter has no … the issues related to risk and leverage effects, are also applicable to international tourism flows. …

and ex post agricultural risk due to weather-related variability and shocks. We use data on the migration patterns of … individuals over a 20-year period and temperature degree-days to identify agricultural risk. Controlling for ex ante and ex post … risk, we find that households with higher ex ante risk are more likely to send migrants. Households facing hot shocks …