Suche

Gesucht nach "Risk premium".
Es wurden 15 Ergebnisse gefunden.

Zeige Ergebnisse 1 bis 10 von 15.

• Publikationen // 30.11.2021

  ZEW Discussion Paper - Long-Term Health Insurance: Theory Meets Evidence

  insure policyholders against contemporaneous health expenditure shocks and future reclassification risk, long-term health insurance constitutes an alternative to community-rated short-term contracts with [...] real-world long-term health insurance markets. We first present and discuss insurer regulation, premium setting, and the main market principles of the GLTHI. Then, using unique claims panel data from 620
• Publikationen // 16.10.2018

  Referierte Fachzeitschrift - Flexibility in the Market for International Carbon Credits and Price Dynamics Difference with European Allowances

  in comparison with regular carbon market allowances. We combine a cointegration approach with risk premium considerations to compare the price dynamics of European Union Allowances (EUA) and Certified
• Publikationen // 27.11.2017

  ZEW Discussion Paper - Flexibility in the Market for International Carbon Credits and Price Dynamics Difference with European Allowances

  in comparison with regular carbon markets allowances. We combine a cointegration approach with risk premium considerations to compare the price dynamics of European Union Allowances (EUA) and Certified
• Publikationen // 12.09.2016

  Referierte Fachzeitschrift - Sovereign Bond Market Reactions to No-Bailout Clauses and Fiscal Rules – The Swiss Experience

  liable for municipal debt. This landmark decision reduced cantonal risk premia by about 26 basis points and cut the link between cantonal risk premia and the financial situation of the municipalities that existed [...] analyse the effects of a credible no-bailout policy and stringent sub-national fiscal rules on the risk premia of Swiss sub-national government bonds in the period from 1981 to 2007. In July 2003, the Swiss [...] costs for the potential guarantor. Additionally, strong and credible balanced budget rules reduce risk premia.
• Veranstaltungen // 05.10.2016

  Beautiful Game Risk Premium

  ZEW, L 7,1 D-68161 Mannheim
• Veranstaltungen // 04.02.2010

  Flexibility Premium in Marketable Permits

  the new operating profits follow a one-dimensional geometric Brownian motion and that the company is risk-neutral. The optimal "investment" and "disinvestment" policy for reversible abatement options is valuated [...] difference between these two values at their respective optima, we derive an analytic solution of the premium for flexibility embedded in marketable permits. This extends the findings in Chao and Wilson (1993) [...] (1993) and Zhao (2003). Numerical results are presented to illustrate the likely magnitude of the premium and how it is affected by uncertainty and delays in implementation. ZEW, L 7,1 D-68161 Mannheim
• Veranstaltungen // 07.05.2009

  Risk Premia in General Equilibrium

  empirically observed stylized facts of the risk premium. These key features can explain the equity premium puzzle and the time-varying behavior of the risk premium. We employ explicit solutions of dynamic [...] non-linearities in a prototype DSGE model can generate time-varying risk premia, while non-normalities can account for the observed risk-premium puzzle by drawing from the Barro-Rietz 'rare disaster hypothesis'
• Publikationen // 15.05.2006

  Referierte Fachzeitschrift - Do Temporary Workers Receive Risk Premiums? Assessing the Wage Effects of Fixed-Term Contracts in West Germany by a Matching Estimator Compared with Parametric Approaches
• Publikationen // 18.04.2013

  Discussion und Working Paper - Sovereign Bond Market Reactions to Fiscal Rules and No-Bailout Clauses – The Swiss Experience
• Publikationen // 15.05.2006

  ZEW Discussion Paper - The Cost of Phasing Out Nuclear Power. A Quantitative Assessment of Alternative Scenarios for Germany

  year. Adopting power production as a proxi for the risk of operating nuclear plants, our quantitative figures may then be interpreted as an insurance premium. We show that the distribution of total phase-out