, output volatility, and economic growth, using a large cross-section of 88 countries over the period 1960 to 2004 … results: First, both pro- and countercyclical fiscal policy amplify output volatility, much in a way like pure fiscal shocks … that are unrelated to the cycle. Second, output volatility, due to variations in cyclical and discretionary fiscal policy …

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 …

suggests that a global bimetallic system, in which the gold price of silver uctuates, has higher price volatility than a global …

volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much …

We use realized volatility to study the influence of central bank interventions on the yen/dollar exchange rate …. Realized volatility is a technical innovation that allows specifying a system of equations for returns, realized volatility … increase in volatility associated with interventions. During the period 1999 through 2004, the estimations are consistent with …

estimation windows. It develops theoretical results for random walks when their drift and/or volatility are subject to one or …

This paper aims to select the best model or set of models for modelling volatility of the four most popular …

This paper is concerned with carbon price volatility and the underlying causes of large price movements in the European …