Discussion paper DP17185 Proximity to War: The stock market response to the Russian invasion of Ukraine Jonathan Federle Gernot Müller André Meier Victor Sehn 1 Jun 2022 Rare disasters Proximity penalty War Military spillovers International conflicts Russia Ukraine Trade Neighbors International Macroeconomics and Finance F50 F51 G15
Discussion paper DP16007 The welfare cost of ignoring the beta Christian Gollier 4 Apr 2021 Discounting Investment theory Asset pricing Carbon pricing Arrow-lind theorem Wacc fallacy Rare disasters Capital budgeting Climate Change Public Economics G12 H43 Q54
Discussion paper DP15558 The Value of a Cure: An Asset Pricing Perspective Viral Acharya Timothy Johnson Suresh Sundaresan Steven Zheng 11 Dec 2020 Pandemic Vaccine Covid-19 Rare disasters Regime-switching Parameter uncertainty Financial Economics Macroeconomics and Growth Public Economics G12 D5 I1 Q54
Discussion paper DP14813 Inside the Mind of a Stock Market Crash Stefano Giglio Matteo Maggiori Johannes Stroebel Stephen P. Utkus 25 May 2020 Surveys Expectations Sentiment Behavioral finance Trading Rare disasters Financial Economics International Macroeconomics and Finance Monetary Economics and Fluctuations Public Economics G11 G12 R30
Discussion paper DP14773 Disaster Resilience and Asset Prices Josef Zechner Marco Pagano Christian Wagner 22 May 2020 Asset pricing Rare disasters Social distance Resilience Pandemics Financial Economics G01 G11 G12 G13 G14 Q51 Q54
Discussion paper DP11115 Solution Methods for Models with Rare Disasters Jesus Fernandez-Villaverde Oren Levintal 14 Feb 2016 Dsge models Perturbation Rare disasters Smolyak Solution methods Taylor projection Monetary Economics and Fluctuations C63 C68 E32 E37 E44 G12
Discussion paper DP8899 Can Rare Events Explain the Equity Premium Puzzle? Christian Julliard 1 Mar 2012 Calibration Cross-section of asset returns Equity premium puzzle Generalized empirical likelihood Peso phenomenon Rare disasters Rare events Semi-parametric bayesian inference Financial Economics International Macroeconomics C11 C14 E17 G12
