in other financial assets. This paper investigates how this aspect of Social Security risk varies across groups of … individuals who differ according to gender; education; race; and age. The main finding is that there are important differences … across groups in this component of Social Security risk, as captured by the sensitivity of individual-level income growth to …

in other financial assets. This paper investigates how this aspect of Social Security risk varies across groups of … individuals who differ according to gender; education; race; and age. The main finding is that there are important differences … across groups in this component of Social Security risk, as captured by the sensitivity of individual-level income growth to …

This paper defines risk-on risk-off (RORO), an elusive terminology in pervasive use, as the variation in global … investor risk taking behavior. Our high-frequency RORO index captures time-varying investor risk appetite across multiple … dimensions: advanced economy credit risk, equity market volatility, funding conditions, and currency dynamics. The index exhibits …