argue that the risk-free rate should be used for discounting when assessing and comparing the cost of energy across … efficiency when applied to photovoltaics. The importance of device efficiency is re-established under the treatment of the …

The aim of this paper is to assess the effectiveness and risk in the stock exchange market in Central and Eastern … and the risk and investment effectiveness analysis in the stock exchange market in CEE with regard to NYSE2-LSE-HKSE2 … to investment risk, the stock exchanges in CEE, due to dynamic development, are improving their investment position with …

trade responses to supply shocks that provide risk sharing, so that there is little incentive to hold diversified portfolios … stocks are used to hedge fluctuation in local wage income. Terms of trade risk is hedged using bonds denominated in local …

The paper studies risk mitigation associated with capital regulation, in a context when banks may choose tail risk … assets. We show that this undermines the traditional result that higher capital reduces excess risk-taking driven by limited … liability. When capital raising is costly, poorly capitalized banks may limit risk to avoid breaching the minimal capital ratio …