Results 161 to 170 of about 14,010 (266)
Abstract Offshore wind energy plays a crucial role in the transition to low‐carbon power generation. The expansion of offshore wind farms (OWFs) introduces anthropogenic electromagnetic fields (EMFs) from subsea power cables. Elasmobranchs, including sharks and rays, are sensitive to natural electric and magnetic fields used for navigation and prey ...
Lotte J. Bouwman +6 more
wiley +1 more source
The expected inflation risk premium in the U.S. stock market
Abstract This article studies how expected inflation risk affects asset prices. We propose an ex‐ante, tradable proxy for this risk, derived from the term spread of gold futures prices. Using cross‐sectional and time series asset pricing tests, we show how an increase in expected inflation risk lowers contemporaneous prices and raises equity returns ...
Pascal Letourneau +2 more
wiley +1 more source
Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation
Abstract We revisit the reversal puzzle: a counterintuitive contraction of inflation in response to an interest rate peg. We show that its occurrence is intimately related to the degree of agents' anticipation. If agents perfectly anticipate the peg, reversals occur depending on the duration of the peg.
RAFAEL GERKE +2 more
wiley +1 more source
Assessing Market Risk in BRICS and Oil Markets: An application of Markov Switching and Vine Copula
Muteba Mwamba JW, Mwambi SM.
europepmc +1 more source
Mixing It Up: Inflation at Risk
Abstract Understanding how risk factors shape the economic outlook is essential for guiding policy decisions. This paper develops a flexible framework that decomposes distributional risk forecasts of macro‐economic variables into underlying contributions and supports the construction of interpretable risk measures.
MAXIMILIAN SCHRÖDER
wiley +1 more source
Countercyclical Return Expectations: Evidence from the Livingston Survey
Abstract This paper shows that forecasts from professional economists in the Livingston survey imply countercyclical variation in expected excess returns on U.S. stocks. These expectations are approximately rational and strongly positively correlated with expected excess returns from the log‐utility investor of Martin (2017), the habit model of ...
STIG V. MØLLER +3 more
wiley +1 more source
Networked Regional Resilience: Diffusion of Risk and Adaptation Across Interconnected Regions
ABSTRACT Regions face not only direct exposure to economic and physical shocks but also indirect consequences of actions in interconnected regions. This paper examines how socio‐spatial networks shape regional resilience to contagious shocks through dynamic feedback between risk diffusion and adaptation diffusion.
Xiaoyi Han +5 more
wiley +1 more source
Profiling the sleep architecture of ageing adults using a seven‐state continuous‐time Markov model
Summary Sleep is a complex biological process regulated by networks of neurons and environmental factors. As one falls asleep, neurotransmitters from sleep–wake regulating neurones work in synergy to control the switching of different sleep states throughout the night. As sleep disorders or underlying neuropathology can manifest as irregular switching,
Jonathon Jacobs +3 more
wiley +1 more source
Markov Switching Model for Quick Detection of Event Related Desynchronization in EEG. [PDF]
Lisi G, Rivela D, Takai A, Morimoto J.
europepmc +1 more source
Testing Distributional Granger Causality With Entropic Optimal Transport
ABSTRACT We develop a novel nonparametric test for Granger causality in distribution based on entropic optimal transport. Unlike classical mean‐based approaches, the proposed method directly compares the full conditional distributions of a response variable with and without the history of a candidate predictor.
Tao Wang
wiley +1 more source

