I assume the 4% is an aproximation, since it might be inconvenient to adapt our annual expenses to the volatility of our portfolio (even if the stocks’ part is small). The logical thing to do would be to withdraw a fixed amount each year (inflation adjusted) whatever the size of our...
Aon Re Global's recent study of how earnings volatility affects shareholder value for insurers and reinsurers revealed that shareholders are more likely to restrain insurers and reinsurers where catastrophes are concerned than make decisions based on act
30、options volume unlike anything that has been seen since the close of the twentieth century. As markets have become more interdependent, interrelated, and international, the U.S. listed option markets have solidied their place as the most liquid and transparent venue for risk management and he...
operational status, or are subject to external or internal threats such as (1) compliance threats associated with relevant polities, laws, regulations, or corporate governance, (2) financial threats arising from volatility in the financial market and real economy, (3) strategic threats related to c...
2021), present high volatility in results (Bernini and Montagnoli 2017), and their supervision and control are more expensive for financial institutions (Beck and De La Torre 2007). Given the relatively negative characteristics of smaller companies, the banking system plays an essential role in ...
(CBA theory is also largely silent on the topic of intergovernmental transfers and its potential impact on appropriate standing.) Although there are useful policy analysis tools, the tools of firm strategic analysis and applied industrial organization are actually more useful, especially for assessing ...
A time definition (theta-time) has also been put forward with the specific intent of removing the seasonalities in financial time series Dacorogna et al. (1996, 2001); Zumbach (1997). Theta-time is designed to record the progress of market activity through the increase of the volatility as...
A time definition (theta-time) has also been put forward with the specific intent of removing the seasonalities in financial time series Dacorogna et al. (1996, 2001); Zumbach (1997). Theta-time is designed to record the progress of market activity through the increase of the volatility as...
A time definition (theta-time) has also been put forward with the specific intent of removing the seasonalities in financial time series Dacorogna et al. (1996, 2001); Zumbach (1997). Theta-time is designed to record the progress of market activity through the increase of the volatility as...