dynamics of oil price volatility by examining interactions between oil market and exchange rate in selected MENA countries …) to examine the presence of volatility spillover between oil prices and exchange rates return series. The econometric … rates, and ii) there is significant evidence of volatility spillovers from oil markets to exchange rate markets in the …

policy is purely to stabilize output or debt volatility, then our results suggest substantial reductions can be obtained …, especially with respect to output. In stark contrast, however, a formal general equilibrium welfare assessment of the volatility …

, and (iii) employment protection – shape fiscal multipliers and output volatility. Our theoretical model highlights that … more stringent labor market institutions attenuate both fiscal spending multipliers and macroeconomic volatility. This is …

Canadian province Alberta. To first-order of approximation, this dividend should be a constant fraction of total above- and … below-ground wealth, complemented by additional precautionary savings at initial times to build up a small liquidity fund to … cope with oil price volatility. The ongoing dividend equals approximately 30 per cent of government revenue and requires …