Results 31 to 38 of about 82,916 (38)

The Value of Green Energy: Optimal Investment in Mutually Exclusive Projects and Operating Leverage

The Review of financial studies, 2020
We study investments in exclusive projects with different cost structures. Our analysis incorporates the possibility of producing a stochastic revenue stream from two alternative technologies with a stochastic variable cost and a fixed cost ...
J. Detemple, Y. Kitapbayev
semanticscholar   +1 more source

The Volatility Premium

, 2021
Implied option volatility averages about 19% per year, while the unconditional return volatility is only about 16%. The difference, coined the volatility premium, is substantial and translates into large returns for sellers of index options.
Bjørn Eraker
semanticscholar   +1 more source

The High-Frequency Effects of Dollar Swap Lines

American Economic Review: Insights
We study the effects of dollar swap lines using high-frequency responses in asset prices around policy announcements. News about expanded dollar swap lines causes a reduction in liquidity premia, compression of deviations from covered interest parity ...
Rohan Kekre, Moritz Lenel
semanticscholar   +1 more source

How Likely Is an Inflation Disaster?

The Review of financial studies
Long-dated inflation swap contracts provide widely used estimates of expected inflation. We develop methods to estimate complementary tail probabilities for persistently very high or low inflation using inflation options prices.
Jens Hilscher, Alon Raviv, Ricardo Reis
semanticscholar   +1 more source

Renewable Energy and Equilibrium Hedging in Electricity Forward Markets

Energy Journal
We study the impact of renewable energy on forward markets for electricity. Previous literature shows that forward prices are determined by time-varying demand and volatile spot prices.
Sebastian Schwenen, K. Neuhoff
semanticscholar   +1 more source

A Theory of Rational Demand for Index Insurance

, 2016
D. Clarke
semanticscholar   +1 more source

Estimating Oil Risk Factors Using Information from Equity and Derivatives Markets: Estimating Oil Risk Factors from Equity and Derivatives Markets

, 2015
I-Hsuan Ethan Chiang, Jacob S. Sagi
semanticscholar   +1 more source

Activity and specificity of the human SUV39H2 protein lysine methyltransferase.

Biochimica et Biophysica Acta, 2015
Maren Kirstin Schuhmacher, Srikanth Kudithipudi, Denis Kušević, Sara Weirich, A. Jeltsch   +4 more
semanticscholar   +1 more source