This paper focuses on the impact of full capital account liberalization on macroeconomic volatility in Greece … reduce macroeconomic volatility. The link between macroeconomic volatility and capital account openness in the Greek economy …. There is no strong evidence for a stable relation between macroeconomic volatility and variables of financial openness. Thus …

, Mexico. Parameter estimation is carried out using linear transfer function ARIMA analysis. In contrast to other metropolitan …

We investigate the relation between global FX volatility and the excess returns to carry trade portfolios. We find a … significantly negative return co-movement of high interest rate currencies with global volatility, whereas low interest rate … currencies provide a hedge against volatility shocks. Our main global FX volatility proxy accounts for more than 90% of the …

opportunities, asset tangibility, non-debt tax shield, volatility and liquidity on capital structure. Employing the cross … show that profitability and liquidity are negatively and significantly related to leverage. Also asset tangibility has a …

This paper constructs unbiased and model-free measures of daily and hourly volatility of the overnight interest rate … increases in volatility and the most notable variations of its intraday pattern occur at the end of the reserve maintenance … period and at the end of each quarter. The average effect on market volatility of Eurosystem money market operations and …

liquid instrument suffers from liquidity shocks that induce periods of increased volatility and significant return … their historical limits, counterparties for trades become scarce and prices must adjust to induce trade. These liquidity …