Showing 41 - 47 of 47
dampening effect on trade volatility. …
Persistent link: https://www.econbiz.de/10005789132
This paper examines the structural determinants of output volatility in developing countries, and especially the roles … of geography and institutions. We investigate the volatility effects of market access, climate variability, the … market access: remote countries are more likely to have undiversified exports and to experience greater volatility in output …
Persistent link: https://www.econbiz.de/10005791346
implications about the expected relationship between the preponderance of disposition investors in the market and stock volatility … fraction of ‘irrational’ investor trades in a stock increases, stock volatility, return and trading volume decrease. We further …
Persistent link: https://www.econbiz.de/10005791546
This paper analyzes the effects of financial liberalization on growth and volatility at the industry level in a large … positive effect on both growth and volatility of production across industries. The positive growth effect comes from increased …
Persistent link: https://www.econbiz.de/10005791902
I revisit the relationship between growth and volatility in two different disaggregated datasets. I confirm that growth … and volatility are negatively related across countries, but show that the relation reverses itself across sectors. This … aggregate volatility that is common across sectors that correlates negatively with aggregate growth. Furthermore, while …
Persistent link: https://www.econbiz.de/10005792298
uncertain and subject to learning. We discuss phenomena related to the volatility and predictability of asset returns, stock …
Persistent link: https://www.econbiz.de/10005661697
We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise in the variance of productivity growth. Evidence...
Persistent link: https://www.econbiz.de/10008642883