969 research outputs found

    Random risk aversion and the cost of eliminating the foreign exchange risk of the Euro

    Get PDF
    This paper answers the following questions. If the Euro foreign exchange risk is given, what is the cost of eliminating such a risk? How does risk aversion affect this cost? What is the relation between the insurance premium on the Euro and this cost? Is it possible to find out the level of risk aversion by looking upon actual risk-free yields? If risk aversion is random, how do risk-free yields move with the return on the Euro currency? Economists usually take for granted that preferences are stable. By contrast, business news networks mention frequently changing risk appetite, or changing investor sentiment, in order to explain market behavior. This paper shows that it is worthwhile to presume that risk aversion is random, because such randomness provides direct answers to the questions raised above.The Euro, foreign exchange risk, expected utility, cost of risk, risk aversion, risk compensation, insurance premium, risk-free yields, Monte Carlo simulations, bootstrap sampling, EU financial markets

    Concrete in the Marine Environment

    Get PDF

    Ara Güler'in gözden kaçan Montpellier sergisi

    Get PDF
    Taha Toros Arşivi, Dosya Adı: Ara GülerUnutma İstanbul projesi İstanbul Kalkınma Ajansı'nın 2016 yılı "Yenilikçi ve Yaratıcı İstanbul Mali Destek Programı" kapsamında desteklenmiştir. Proje No: TR10/16/YNY/010

    How can improved competition lead to lower drug prices?

    Get PDF
    In this installment of our blog series on President Trump\u27s Blueprint to Lower Drug Prices and Reduce Out-Of-Pocket Costs, our pharmacy expert Youkavet Samih discusses how creating drug competition drives down prices for consumers

    "Fahim Bey ve biz"

    Get PDF
    Taha Toros Arşivi, Dosya No: 132-Abdülhak Şinasi Hisarİstanbul Kalkınma Ajansı (TR10/14/YEN/0033) İstanbul Development Agency (TR10/14/YEN/0033

    Nazım şiiri:Memleketimden İnsan Manzaraları

    Get PDF
    Taha Toros Arşivi, Dosya Adı: Nazım Hikmetİstanbul Kalkınma Ajansı (TR10/14/YEN/0033) İstanbul Development Agency (TR10/14/YEN/0033
    corecore