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by the presence of price and yield risk. We estimate reduced-form and structural models of crop choices. Although we … cannot reject the hypothesis that village members efficiently share risk among themselves, production choices are shown to … depend on risk. Existing risk sharing and self-insurance mechanisms thus imperfectly protect Punjab farmers against village …
Persistent link: https://www.econbiz.de/10010605297
conceptual framework which integrates food wastage as a risk perceived by the consumer and as a cause of skepticism towards …
Persistent link: https://www.econbiz.de/10010606932
Considering that risk management can improve the competitiveness of agricultural enterprises, since 2009 the Common … Agricultural Policy (CAP) has introduced measures to support certain risk management tools, including agricultural insurance. The …
Persistent link: https://www.econbiz.de/10010607105
It was marked out that the investors should be prepared for permanent changes of the forms in which the risk can …, unplanned) economical events. It is interesting to analyze in what measure one can talk about the risk management in the … and subsequently eradicate the risk that could emerge in the case of some direct foreign investments in Romania. …
Persistent link: https://www.econbiz.de/10010607233
Since resources in the public sector generally represent public money and their use in the public interest generally requires special care, the significance of safeguarding resources in the public sector needs to be underlined. The public romanian sector is characterized by an descendant trend...
Persistent link: https://www.econbiz.de/10010607255
to consider the association of their size with systemic risk. An equally important question examines whether their size …-related changes in risk-taking, which can obscure technological cost advantages, such as those due to better diversification. It …
Persistent link: https://www.econbiz.de/10010607672
Knightian Uncertainty is incomplete information on banks’ risk exposures. The main findings in the paper are: (1) When interbank …
Persistent link: https://www.econbiz.de/10010608437
This paper analyzes optimal linear taxes on labor income and savings in a two-period life-cycle model with ex ante … demonstrate that the Atkinson–Stiglitz theorem breaks down under risk. Capital taxes are employed besides labor income taxes for …-period labor supply and saving are substitutes, ii) capital taxes insure first-period income risk, although this benefit is …
Persistent link: https://www.econbiz.de/10010608564
The recent financial crisis has clearly shown that the relationship between bank internationalization and risk is … risk is left to the empirical analysis. In this paper, we study such relationship in the period leading to the financial … crisis of 2007-2008. For a sample of 384 listed banks from 56 countries, we calculate two measures of risk for the period …
Persistent link: https://www.econbiz.de/10010610096
This paper examines how to satisfy a separability condition related to “independence of the utilities of the dead” (Blackorby et al., 1995; Bommier and Zuber, 2008) in the class of “expected equally distributed equivalent” social orderings (Fleurbaey, 2010). It also inquires into the...
Persistent link: https://www.econbiz.de/10010610452