Market Hypothesis sense. The paper tries to show that this so-called excess volatility is to a large extend the result of the … employing the Gordon Growth Model and using an estimation process for the dividend growth rate that was suggested by Barsky and …, constant dividend growth rates as well as non-variable discount rates. It is shown that indeed volatility declines considerably …

EGARCH model. Empirical results indicate significant return and volatility spillover effects during the full sample and the …-movements, and strong volatility persistence. During the Russian Great Recession subsample, the ownreturn effects of the markets are … partially integrated and the volatility transmission linkages across them are not that strong in crises periods, thus confirming …

volatility in forecasting future returns in an emerging market stock index …

between FIIs inflows and volatility in indices of NSE by adopting Granger Causality test in a bivariate VAR framework. The … National Stock Exchange, one of the fastest emerging stock markets with high volatility. The analysis covered daily data series …