Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 4 of 4 for “"run risks"”.
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Essays in Financial Economics
… models. In this work, I argue that the long-run risks type model can successfully explain these features of financial markets. I present robust empirical evidence which supports the main economic channels in the model. Finally, I develop econometric methods to estimate and test the model, and …
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Dynamic analysis of an open economy and foreign exchange risk management using path-dependent options
… world economies offers opportunities for long-run efficiency gains for all economies but poses short-run risks for firms operating in international arenas. Recession, inflation, interest rates and exchange rates in a foreign nation impact multinational firms with business interests in that …
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Essays on Macroeconomics and International Finance
… integration in the presence of bank funding risks. Unregulated issuance of safe short-term liabilities by financial intermediaries leads to excessive reliance on this form of financing, which increases losses associated with financial crises. First, I show that integration increases the …
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Essays on the Temporal Structure of Risk
… standard asset pricing models (habits and long-run risks), is increasing with maturity. In sum, our analysis shows that the empirical evidence in dividend strips is consistent with a positively sloped term structure of dividend risk-premia as implied by standard asset pricing models.</p>