Results 1 to 10 of about 1,955,764 (99)
Sovereign Risk and Financial Risk [PDF]
SSRN Electronic Journal, 2021 This paper examines the relationship between sovereign bond spreads, local economic activity, and global financial risk. We use secondary-market prices of dollar-denominated sovereign securities to construct yield spreads between sovereign bond yields and yields on the appropriately defined default risk-free securities, constructed using zero-coupon U ...
Gilchrist, Simon +3 more
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Science, 2005 When society makes a decision about some action (to build a dam or approve a new drug, for example), its choice is usually based on a comparison of risks and benefits. If the latter exceed the former, assuming that risks and benefits accrue to the same person or group, the project goes forward ...
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Risks in estimating risk [PDF]
European Heart Journal, 2013 This editorial refers to ‘SCORE performance in Central and Eastern Europe and former Soviet Union: MONICA and HAPIEE results’[†][1], by O. Vikhireva et al. , on page 571 ‘Prediction is very difficult, especially about the future’(attributed to Niels Bohr) ‘I told you I was ill’(Spike Milligan's epitaph) The paper by Vikhireva and colleagues1 is a ...
M T Cooney, Ian D. Graham
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The risk of overlooking risks [PDF]
European Child & Adolescent Psychiatry, 2010 In routine clinical practice, the child and adolescent psychiatrist must take diagnostic and therapeutic decisions in a context of relative “uncertainty”. Indeed, reference frameworks based on solid evidence offer more and more often guidelines for our strategies [1]. Protocols and tools are available in order to improve prescription [2], prediction [3]
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Model Risk of Risk Models [PDF]
SSRN Electronic Journal, 2014 This paper evaluates the model risk of models used for forecasting systemic and market risk. Model risk, which is the potential for different models to provide inconsistent outcomes, is shown to be increasing with and caused by market uncertainty. During calm periods, the underlying risk forecast models produce similar risk readings, hence, model risk ...
Danielsson, Jon +3 more
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Model risk on credit risk [PDF]
Risk and Decision Analysis, 2016 This paper develops the Jungle model in a credit portfolio framework. The Jungle model is able to model credit contagion, produce doubly-peaked probability distributions for the total default loss and endogenously generate quasi phase transitions, potentially leading to systemic credit events which happen unexpectedly and without an underlying single ...
Molins, J. +1 more
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American Journal of Epidemiology, 2015 The epidemiologist primarily studies transitions between states of health and disease. The purpose of the present article is to define a foundational parameter for such studies, namely risk. We begin simply and build to the setting in which there is more than 1 event type (i.e., competing risks or competing events), as well as more than 1 treatment or ...
Stephen R, Cole +3 more
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Political Risk, Economic Risk, and Financial Risk [PDF]
Financial Analysts Journal, 1996 Given the increasingly global nature of investment portfolios, an understanding of country risk is very important. This article addresses the economic content of five different measures of country risk: four measures from the International Country Risk Guide's political-, financial-, economic-, and composite-risk indexes and one from Institutional ...
Tadas E. Viskanta +2 more
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To Risk or Not to Risk? Risk Management and Farm Productivity [PDF]
American Journal of Agricultural Economics, 2019 AbstractThe impact of risk management on farm productivity is still being debated. Using survey data from French and Hungarian farms, we estimate the impacts of different risk management strategies and portfolios under varying levels of risk on total factor productivity.
Vigani, Mauro, Kathage, Jonas
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Credit Risk and Disaster Risk [PDF]
American Economic Journal: Macroeconomics, 2011 Credit spreads are large, volatile, and countercyclical, and recent empirical work suggests that risk premia, not expected credit losses, are responsible for these features. Building on the idea that corporate debt, while fairly safe in ordinary recessions, is exposed to economic depressions, this paper embeds a trade-off theory of capital structure ...
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