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Tag Archives: risk
Correlations are fun, aren’t they? What would the newspapers be without them? With an empty Health and Science section, that’s what. According to a paper by Olaf Hubler at the Institute of Empirical Economic Research, there is a correlation between … Continue reading
Some economics is about trying to solve economic and social problems. Some economics is about trying to work out why those problems occur. And a lot of the rest is trying to work out how to measure those problems and … Continue reading
Jerome Kerviel probably isn’t going to get another job as a trader for a while. Banks might also want to think twice about employing any of his siblings – or at least read this rather interesting paper from Sweden’s Institute … Continue reading
Pension schemes have been much maligned lately. With austerity coming into fashion, the pension scheme bashing has got even worse. In particular, any firm or employee on a defined benefit pension scheme has been held up as demonstrating the very … Continue reading