The easing of controls on interest rates has led to higher interest rate volatility in India. Hence, there is a need to …

Whether or not inflation targeting adoption leads to increased volatility of exchange rates is controversial. The … volatility increases with inflation targeting as a result of the flexible exchange rate regime. Others argue that inflation … targeting delivers the best outcomes in terms of lower exchange rate volatility. The purpose of this paper is to investigate …

We examine the response of U.S. (VIX) and German (VDAX) implied volatility indices to the announcement of interest rate …

the volatility of interest rates at which emerging economies borrow from international financial markets, and study the … statistical relationship of such regimes with episodes of sudden stops. Periods of high volatility tend to be persistent and are … documented in previous literature (Neumeyer and Perri, 2005) and that high-volatility regimes forecast sudden stops 6 and 12 …