Rime, Dagfinn (contributor); Sucarrat, Genaro (contributor) - 2007
, Heterogeneity, Volume-Volatility Relation,
Liquidity
JEL Classification: C53, F31 … with regime changes, a flnding typically is referred to as the \excess
volatility puzzle". Our data covers two difierent … (ARCH) and stochastic volatility
(SV) families of models.
2.1 The Norwegian economy
Norway is a small and open economy with …