Bollerslev, Tim; Todorov, Viktor - 2009
School of Economics and Management
Aarhus University
Bartholins Allé 10, Building 1322, DK-8000 Aarhus C
Denmark … University, Durham, NC 27708, and NBER and CREATES; e-mail:
boller@duke.edu.
zDepartment of Finance, Kellogg School of Management … difierent and present difierent challenges from a risk management perspective.
While difiusive risks can be hedged/managed by …