Russia. The adopted framework allows to analyse interdependence by estimating volatility spillovers, and also contagion by … testing for possible shifts in the transmission of volatility following the introduction of the euro and EU accession. Further …. Furthermore, whilst the introduction of the euro has had mixed effects, EU accession has resulted in an increase in volatility …

large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify …

with higher growth, lower growth volatility, and lower probabilities of severe declines in real activity. Advances in …

real shocks between the U.S. and the rest of the world has declined. We then present a model in which international …

(increase) world interest rates but also to increase (reduce) private leverage. This in turn increased (decreased) volatility in …

show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two … economically significant effect on firm-level volatility, although an increase in the intensity of sales through foreign affiliates … has a stronger effect on volatility than a similar change in firms' export intensity. We also uncover evidence consistent …