risk index

Financial Distress and the Transmission of Macroeconomic Uncertainty: International Evidence

We examine the effect of global macroeconomic uncertainty on economic activity, with the magnitude of the impact depending on the current state of the banking sector.

PRIX – A risk index for global private investors

The purpose of this paper is to create a universal (asset-class-independent) portfolio risk index for a global private investor.

Financial Applications of the Mahalanobis Distance

We describe existing and potential financial applications of the Mahalanobis distance.