To examine whether mandating banks to issue subordinated debt would enhance market monitoring and control risk … and liquidity variables, they find that changes in credit spreads do not reflect changes in bank risk variables. The … specifications. They also find that issuing subordinated debt does not alter banks' risk-taking behavior. They conclude that a …

accompanied by an effective increase in consumption risk-sharing. He finds that the apparent lack of consumption risk … to achieve a better degree of international risk-sharing. …

investors. ; Risk and performance measurement is an active area for academic research and continues to be of vital interest to … risk, However, they differ in how they define and measure risk and, consequently, in how they define risk …

This paper uses international survey data to document two stylized facts. First, risk aversion is associated with anti … government spending can bolster support for globalization by reducing the risk associated with it in the minds of voters. …