Showing 1 - 10 of 28
Roy’s safety-first rule is used to provide measures popular with farmers of short and long term business risk … inter-year financial risk than other commonly used criteria. Results revealed that speed of adoption influenced the … greater chance of transition success. Slow acreage expansion with a custom or rental drill reduces risk until a no-till yield …
Persistent link: https://www.econbiz.de/10005407764
strategic incentives for either government or regulated entities. Consideration of both exogenous risk (uncontrollable) and … endogenous risk (concerns about policy credibility) suggests that permits should be auctioned several years in advance of use … all risk to be pooled and managed as efficiently as possible within the private sector. For endogenous risk, it creates a …
Persistent link: https://www.econbiz.de/10005407778
This paper analyzes the influence of risk and the expenditure policy of the public sector in a two-country stochastic … study the impact of risk and the public sector on consumption-wealth ratio, growth and welfare, given the exogenous size of … parameters, risk specially, on the optimal size. Then we establish that a higher weight of public consumption in the utility …
Persistent link: https://www.econbiz.de/10005408150
This paper studies poverty as a dynamic phenomenon, motivated by the recurring economic crises that affect developing countries and the incidence of income fluctuations on household welfare. While the increasing availability of household panel data has been exploited in theoretical analysis and...
Persistent link: https://www.econbiz.de/10005408367
aggregation. The extension of that literature to risk with intertemporally non-separable preferences now has become available in a …
Persistent link: https://www.econbiz.de/10005412580
We extend the monetary-asset user-cost risk adjustment of Barnett, Liu, and Jensen (1997) and their risk … generate potentially larger and more accurate CCAPM user-cost risk adjustments than those found in Barnett, Liu, and Jensen … (1997). We show that the risk adjustment to a monetary asset’s user cost can be measured easily by its beta. We show that …
Persistent link: https://www.econbiz.de/10005412796
This paper deals with the issue of calculating daily Value-at-Risk (VaR) measures within an environment of thin trading … issue for financial risk management in emerging markets. …
Persistent link: https://www.econbiz.de/10005413068
and better corporate governance mechanism reduces the risk of these companies. …
Persistent link: https://www.econbiz.de/10005413156
financial risk based on asset classes only is ready for a epistemological change. Currently, the definition of financial risk … suffers from three major deficiencies: (1) financial risk is insufficiently measured by the conventional second - order … moments; (2) financial risk is assumed to be stable and all distribution moments are assumed to be time-invariant; and (3 …
Persistent link: https://www.econbiz.de/10005077030
of family farms and socialist-style farms in the presence of risk, given the typical post-socialist environment …
Persistent link: https://www.econbiz.de/10005555994