We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a … panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a … result, we show that increased commodity price volatility leads to a statistically significant and quantitatively large …

This paper reviews economic developments in Iceland following its financial collapse in 2008, focusing on causes and … developments elsewhere on the periphery of Europe, in Greece, Ireland, and Portugal. In some ways, however, Iceland resembles Italy …

This paper reports recent events in Iceland where the political agents of oligarchs didn‘t even bother to try to … simply find ways to nullify the outcome ex post. The paper reviews and explains the making of Iceland’s crowd …

slow down and contract. In this paper, we study the interrelation between financial markets volatility and economic … common factors affect volatility and economic activity with a time lag of at least a quarter. Under these assumptions, we … show analytically that volatility is forward looking and that the output equation of a typical VAR estimated in the …