Journal of Risk

Welcome to Volume 1 Issue 2 of The Journal of Risk. This issue is made up of 4 technical papers: ‘Using value-at-risk to control risk taking: how wrong can you be?' by Xiongwei Ju and Neil D. Pearson from the University of Illinois; ‘Regulatory evaluation of value-at-risk models' by Jose A. Lopez from the Federal Reserve Bank of San Francisco; ‘Value-at-risk using the factor-ARCH model' by Charlotte Christiansen from The Aarhus School of Business; and ‘Value-at-risk analysis of a leveraged swap' by Sanjay Srivastava from Carnegie Mellon University.