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The research reported focuses on the multi-causal landslide risk in Sandnes (Norway) in connection with the climate change, the use of the land and the geological/geotechnical properties of the urban ...
The research reported focuses on the multi-causal landslide risk in Sandnes (Norway) in connection with the climate change, the use of the land and the geological/geotechnical properties of the urban ...
It is our great honor to welcome you to the 2017 Service System Engineering Conference & 2017 Symposium on Analytics and Risk, hosted jointly by Tongji University, the Society of System Engineering in...
We present two alternative approaches for estimating VaR. Both approaches are based on the observation that each trading day is very diverse and we can observe K different phases of the trading day. W...
The article deals with the liquidity risk in the banks in the context of the financial crisis. At first, the balance sheet and market liquidity are defined and the main principles of the methods for m...
The Basle II parameter called Loss Given Default (LGD) aims to estimate the expected losses on not yet defaulted accounts in the case of default. Banks firstly need to collect historical recovery data...
We investigate the empirical relation between risk sharing and specialization in production. We find that there is more risk sharing among regions within countries than among countries and that...
We ˉnd that risk sharing in the European Union (EU) has been increasing over the past decade due to increased cross-ownership of assets across countries. Industrial speciaization has also been increa...
Hammitt thanks the Institut National de Recherche Agronomique and the European Research Council (FP7/2007-2013 grant agreement no. 230589) for financial support. The views expressed herein are those...
We show how to compute in a numerically efficient way the maximum risk of a portfolio, given uncertainty in the means and covariances of asset returns. This is a semidefinite programming problem, and ...
The Administration’s plan for financial regulatory reform would grant the Federal Reserve significant new powers—more powers than ever before in American history. The Federal Reserve would have the ...
The ongoing financial crisis has given a new urgency to this question. Government officials are now proposing legislation to expand significantly the role of government in the financial sector and b...
The more restrictive the definition and the more credibly it is adhered to by policy makers, the fewer bailouts we would see. Recognizing that bailouts are unavailable except in the most unlikely c...
An important issue in addressing the adequacy of regulation and supervision is the problem of regulatory capture, or the tendency for regulated fi rms and their government regulators to develop mutu...
Many researchers have used federal funds futures rates as measures of financial markets’ expectations of future monetary policy. However, to the extent that federal funds futures reflect...

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