Results 231 to 240 of about 6,982,939 (355)

Tail Risk Hedging: The Superiority of the Naïve Hedging Strategy

open access: yesJournal of Futures Markets, EarlyView.
ABSTRACT Mitigating extreme tail risk is essential for institutions and corporations to prevent financial losses from severe asset price fluctuations across many asset classes. This study shows that a simple futures hedging strategy, the naïve hedge, is remarkably effective at managing tail risk—so much so that few other methods can beat it.
Min Cao, Thomas Conlon
wiley   +1 more source

Inequality Measurement for Bounded Variables

open access: yesHealth Economics, EarlyView.
ABSTRACT Many health indicators are bounded, that is, their values lie between a lower and an upper bound. Inequality measurement with bounded variables faces two normative challenges well‐known in the health inequality literature. One is that inequality rankings may or may not be consistent across admissible attainment and shortfall representations of
Inaki Permanyer   +2 more
wiley   +1 more source

ESG Ratings and Investment Returns at the Country Level: Does Higher Mean Better?

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT We examine whether U.S. dollar‐based investors can do better investing in highly rated ESG countries than in medium and lower rated ESG countries using both cross sectional and panel data estimations. In general, we find evidence that investment in ESGLow scoring countries leads to better returns than investing in ESGHigh scoring countries ...
Dimitrios Asteriou   +3 more
wiley   +1 more source

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