stance. When decomposing the VIX into two components, a proxy for risk aversion and expected stock market volatility … (“uncertainty”), we find that a lax monetary policy decreases both risk aversion and uncertainty, with the former effect being …. The effect of monetary policy on risk aversion is also apparent in regressions using high frequency data …

This article investigates the pricing of volatility risk in agricultural commodity markets. We show theoretically that … the cost of bearing volatility risk can be measured using returns to delta-neutral straddles. Using a sample of options … investors are willing to pay a cost to avoid volatility risk. Second, volatility risk is priced mainly at short maturities …

stance. When decomposing the VIX into two components, a proxy for risk aversion and expected stock market volatility … ("uncertainty"), we find that a lax monetary policy decreases both risk aversion and uncertainty, with the former effect being …

stance. When decomposing the VIX into two components, a proxy for risk aversion and expected stock market volatility … (“uncertainty”), we find that a lax monetary policy decreases both risk aversion and uncertainty, with the former effect being …

. We decompose the VIX into two components, a proxy for risk aversion and expected stock market volatility (“uncertainty … monetary policy decreases risk aversion after about five months. Monetary authorities react to periods of high uncertainty by … through which monetary policy may affect risk aversion, e.g., through its effects on broad liquidity measures and credit …

regularities by developing a new firmbased trade model wherein managers are risk averse. Higher volatility induces the reallocation …