Background: In making investment decisions, asset risk and return are two crucial criteria on which investors base … their decision. Objectives: This paper provides risk and return analysis and compares different traditional and alternative … estate, foreign exchange, cryptocurrencies, renewable energy sources, gold, and oil. Methods/Approach: The risk measures of …

We estimate the impacts of climate on economic growth using Gross Regional Product (GRP) for more than 1,500 regions in … climates. With respect to long-term climate conditions, one degree of temperature increase reduces output by 2-3%. The effect …

We analyze output growth and risk as the joint outcomes of financial liberalization. Using an industry panel of 55 … goes through the channel of increased risk, implying that treating growth and risk independently may overestimate the … associated with higher risk are mitigated by strong institutions …

economic growth and depresses asset prices. Further, the market price of risk and equity beta of good uncertainty are positive …, while negative for bad uncertainty. Hence, both uncertainty risks contribute positively to risk premia, and help explain the … cross-section of expected returns beyond cash flow risk …