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In this article, we analyze the cultivation and production of cashew in the world during the period 2005 - 2010, and make a concrete analysis of the import and export trade of cashew nut in the world in recent years. In particular, we give an overview of the production and trade in major...
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Risk based regulation has emerged as the primary ingredient in the Basel-II proposals, where a bank capital is to become a direct funtion of a bank's riskiness. While the notion that bank capital be risk sensitive is intuitively appealing, the actual implementation, in the form of Basel-II,...
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We investigate the effects of financial risk cycles on business cycles, using a panel spanning 73 countries since 1900. Agents use a Bayesian learning model to form their beliefs on risk. We construct a proxy of these beliefs and show that perceived low risk encourages risk-taking, augmenting...
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