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or long-term unemployment, may occur during working years. Personal disaster risk alters lifetime ex-ante investment … characterizes rare disasters, results in lower risk-taking at the beginning of working life, and is crucial in order to match the …
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We present evidence of differential effects of risk perception in the housing market. We use housing transaction data … near military bases to examine capitalization of potential military jet accident risk in house prices. We find that …
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. This allows me to explore the impact of hedge funds’ prototypical contract structure on their dynamic risk allocations and … on asset prices in general. One implication of the model is that risk taking varies around a fund’s distance to its high … high-water marks take on significantly greater levels of risk. This increased risk is accomplished in part by investing in …
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