This study characterizes volatility dynamics in external emerging bond markets and examines how prices and volatility … markets are found to a¤ect both conditional returns and volatility, with the e¤ects on volatility being more pronounced and … volatility dynamics in external emerging bond markets …

This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well … as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital … of trade growth enhances real output per capita, volatility exerts a negative impact on economic growth operating mainly …

This paper summarizes the theory and empirical evidence on the determinants of foreign direct investment. These …

This paper examines the impact of trade costs on real exchange rate volatility. We incorporate a multi … exchange rate volatility depends on relative technological differences and trade costs. These differences highlight a new … volatility. We then test the importance of this channel using a large panel of cross-country data over 1970-97, and find strong …