A risk premium can be construed as a true earnings reward because risky investments are inherently more profitable should they succeed. Investments in well-penetrated markets—and which tend to have predictable outcomes—are not likely to change the world. On the other hand, paradigm-shifting break...
The foreign debt issuance by Canadian governments indicates that additional risk premiums are charged for economic uncertainty, but these are partially offset by the access to a larger capital market.doi:10.1016/1059-0560(93)90029-PDavid A. Burnie...
Now on the eager razor’s edge, for life or death we stand. lay it on the lineTo risk something valuable such as one’s career, reputation, or life; to speak or answer candidly, clearly, and categorically; to say precisely what one means; to give or pay money. In this expression,li...
(1) For conventional estimates of risk-aversion, substitutability between domestic and foreign securities is close to perfect in the sense that risk premiums are small in magnitude (a few basic points), and thus cannot explain much ... JA Frankel - 《Journal of International Money & Finance》...
This paper proposes a novel adaptive framework for modelling financial markets using equity risk premiums, risk free rates and volatilities. The recorded economic factors are initially used to train four adaptive filters for a certain limited period of time in the past. Once the systems are trained...
Academic studies are almost certain to produce low equity risk premiums for two reasons regardless of when they're conducted. They assume that the market is correctly valued. The dividend yield and the earnings yield have reciprocalvaluationmultiples in both the dividend-based approach and the earnin...
A risk premium can be construed as a true earnings reward because risky investments are inherently more profitable should they succeed. Investments in well-penetrated markets—and which tend to have predictable outcomes—are not likely to change the world. On the other hand, paradigm-shifting break...
Country risk is a key factor when investing in foreign markets. Most national export development agencies have in-depth dossiers on the risks associated with doing business in various countries around the world. Country Risk Premiums can significantly impactvaluationandcorporate financecalculations. The ...
I examine the uniformity of risk pricing in futures and asset markets. Tests against a general alternative do not reject complete integration of futures and asset markets. As predicted, estimates of the "zero-beta" rate for futures are close to zero, and premiums for systematic risk do not di...
Insurance premiums... JW Jang,Y Krvavych - 《Insurance》 被引量: 50发表: 2004年 A pricing measure to explain the risk premium in power markets In electricity markets, it is sensible to use a two-factor model with mean reversion for spot prices. One of the factors is an Ornstein-...