mortgage borrowers may be at risk if interest rates rise. …

Previous comparative analyses of gross and net settlement have focused on the credit risk of the central counterparty … in net settlement arrangements and on the incentives for participants to alter the risk of the portfolio under net …

variances, and firm-specific event periods. Their method, which nests traditional methods, also permits systematic risk to … systematic risk of the acquiring firms, significant ARCH effects, and an event period that ends before the date of the … cannot account for information leakage may be biased, and (2) changes in systematic risk can occur in the absence of abnormal …

This paper examines differences in institutional risk profiles based on credit union membership type and membership … 1998. A cross-sectional statistical model is specified that examines risk variation relative to the type of common bond and … that occupationally based credit unions have a unique risk profile relative to other common bonds. This profile includes a …

sign of the stock market risk-return relation can be associated with observable features of the business cycle. Post–World … that seems at odds with basic notions of risk and return. In this paper we construct an economy where production involves … between stock market risk and return varies in accordance with the supply of labor but requires no time variation in …

money, people become more risk taking. This paper is the first to report a house money effect in a dynamic, financial …There is evidence that risk-taking behavior is influenced by prior monetary gains and losses. When endowed with house … endowment (low and high). Their experimental results provide strong support for a house money effect. Traders' bids, price …