Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems
ABSTRACT We show that incorporating defined benefit pension funds in an incomplete markets asset pricing model improves its ability to match the historical equity premium and riskless rate and has important risk‐sharing implications. We document the importance of the pension fund's size and asset demands, and a new risk channel arising from ...
NUNO COIMBRA +3 more
wiley +1 more source
Nummi Digitali: A pioneering multimodal platform for numismatic heritage. [PDF]
Sole L +7 more
europepmc +1 more source
Carbon Pricing versus Green Finance
ABSTRACT Green finance—including environmental, social, and governance investing and sustainable finance regulations—is widespread, but can it substitute for carbon pricing in fighting climate change? In a unified model, I show that (i) when carbon prices reflect the social cost of carbon, green finance should not be used; (ii) when carbon prices are ...
LASSE HEJE PEDERSEN
wiley +1 more source
Association Between Body Mass Index and the Composition of Leucocyte-Poor Platelet-Rich Plasma: Implications for Personalized Approaches in Musculoskeletal Medicine. [PDF]
Platzer H +9 more
europepmc +1 more source
Monetary Policy, Inflation, and Crises: Evidence from History and Administrative Data
ABSTRACT We show that a U‐shaped monetary rate path increases banking crisis risk, via credit and asset price cycles, analyzing 17 countries over 150 years. Rate hikes (raw or instrumented) increase crisis risk, but only if preceded by prolonged cuts. These patterns are unique to banking crises, unlike noncrisis recessions.
GABRIEL JIMÉNEZ +3 more
wiley +1 more source
Effect of primary copper metabolism disturbance on elemental, protein, and lipid composition of the organs in Jackson toxic milk mouse. [PDF]
Hadrian K +5 more
europepmc +1 more source
Old Skool Spinning and Syncing: Memory, Technologies, and Occupational Membership in a DJ Community
Abstract We show how technology and its temporal instantiations act as material‐relational mnemonic devices that provide temporal anchors for collective remembering in occupations and form the basis of what we call an 'occupational mnemonic community'.
Hamid Foroughi +2 more
wiley +1 more source
Violence against children in sub-Saharan Africa: a call for action. [PDF]
Moyo E +4 more
europepmc +1 more source

