In a paper on pension plans in eleven Latin American countries, Forteza and Ourens (2011) report two remarkable results: the rates of return are not sensitive to retirement ages if the number of years of service remains constant, and there are large discontinuities in the rates of return...

Hedge operations are particular stock market operations through which stock market traders, producers, intermediaries intend to cover the unfavorable outcome of the goods price on the cash market (physical). Price hedging by hedge operations is possible with the similarity and possible...

This paper reviews the case of nuclear energy. Currently, the worldworld is facing one of the greatest energy crises due to the Russo-Ukrainian war. This conflict has lead to limited sources of gas, causing a dramatic decrease in energy supply, leading to emerging energy crisis risks. This is...

This event study investigates the impact of the Japanese nuclear disaster in Fukushima-Daiichi on the daily stock prices of French, German, Japanese, and U.S. nuclear utility and alternative energy firms. Hypotheses regarding the (cumulative) abnormal returns based on a three-factor model are...