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recently published fulltext publications
28.05.2015
Abstract This article analyses the evolution of the small business management and entrepreneurship fields as reflected in articles published in its premier journal, the International Small Business Journal. It investigates the evolution of the fields through bibliometric examination of all 660 articles published between 1982 and 2012. While small ...
21.05.2015
We study the exposure of mortgage borrowers in Switzerland to interest rate, income and house price risks and examine how the households’ choice of risky mortgages is related to individual interest rate expectations and risk-aversion. Our analysis is based on a unique data set of household mortgage applications from September 2012 until January ...
11.05.2015
We develop a new tail risk measure for hedge funds to examine the impact of tail risk on fund performance and to identify the sources of tail risk. We find that tail risk affects the cross-sectional variation in fund returns, and investments in both, tail-sensitive stocks as well as options, drive tail risk. Moreover, managerial incentives and ...
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