competition, and we show that risk aversion is not a necessary condition for firms to respond negatively to trade cost uncertainty. …

We examine the impact of incomplete risk-sharing on growth and welfare. The source of market incompleteness in our … economy is private information: a household's idiosyncratic productivity shock is not observable by others. Risk …-sharing between households occurs through long- term contracts with intermediaries. We find that incomplete risk-sharing tends to …

Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk … return to education and the risk involved in this investment. It seems that most of the countries fit the pattern well …: higher risk - higher return. …

risk taking. Expanding her dataset with more American observations and data for Germany, Spain and Italy, we find mixed … to attitudes towards risk taking. …

magnitude of tax revenue receipts. A framework is presented for risk management of daily tourist tax revenues for the Maldives … tourist arrivals and their growth rate is analogous to the volatility (or dynamic risk) in financial returns. In this paper …

and interbank rate risk on the optimaldecisions on deposits and loans of a competitive bank. It is found that dueto the … introduction of both sources of risk there appear direct effects as wellas portfolio effects which jointly determine changes in the … bank’s behavior.Moreover, it is shown that there is an interaction between the effects of theintroduction of risk and …

determinants that include the market seeking motive, the risk factor, and the resources seeking motive. It is also affected by the …