This paper proposes a new novel to calculate tail risks incorporating risk-neutral information without dependence on options data. Proceeding via a non parametric approach we derive a stochastic discount factor that correctly ...

BACKGROUND: Short-term risk assessment tools for prediction of cardiovascular disease events are widely recommended in clinical practice and are used largely for single time-point estimations; however, persons with low ...

Floods constitute one of the most damaging natural hazards in the world. Seasonal and extraordinary rainfall recurrently trigger different types of floods in Costa Rica. An integrated and efficient flood risk management requires ...

This paper introduces a new tail-risk measure based on the risk-neutral excess expected shortfall of a cross-section of stock returns. We propose a novel way to risk neutralize the returns without relying on option price ...

It is estimated that changes in global weather patterns and natural dynamics can cause a high incidence of extreme events, and therefore increase risk levels. In this study, we review the major climatic and hydrometeorological ...

BACKGROUND: The Global Burden of Disease, Injuries, and Risk Factor study 2013 (GBD 2013) is the first of a series of annual updates of the GBD. Risk factor quantification, particularly of modifiable risk factors, can ...