The popular risk parity approach is based on volatility as the sole risk measure and therefore
lacks the consideration of tail risk. This fact makes risk parity portfolios vulnerable to tail …

Turbulent financial market periods are characterized by low mean returns, high volatility and
often by the disappearance of the diversification effect. Therefore, accurate predictions of …

Risk infuses everything we do so it goes almost without saying (but I’ll say it anyway) that risk
and retirement are highly intertwined topics. If we define what retirement researchers and …

The file drawer problem is a publication bias in which editors of journals are much more
likely to accept empirical papers with statistically significant results than those with …

Over the past two decades, the world economy has become increasingly integrated as flows
of goods, labor, and capital across countries have expanded rapidly. Although there is a …

In this article, the authors suggest Bayesian-style adaptive enhancement to a popular equal
risk contribution (ERC) portfolio construction technique they call adaptive optimal risk …

Over the last decades, much attention has been drawn to the question of productivity variation
across countries. The differences in cross-country productivity could be explained by both …

Background: The oral tori are non-pathological and benign exostosis of the cortical and
limited amount of bone marrow, covered with a thin and poorly vascularized mucosa. The …

There are few novel methods for biogenic component determination in liquid fuels by direct
measurement of 14C via liquid scintillation counting (LSC) technique. The basic idea of all …

… time her Soviet autobiography was being written, sexuality had fallen out of favour as a
theme in Russian literature (Topalova 489-90), which forced Lacis to downplay it. …