pesticides are generally more stringent than under autarky. As a result, trade increases the price volatility of crops produced …

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

. Biofuels have been blamed universally for recent increases in world food prices. Many studies have shown that these energy … prices. However, biofuels may increase aggregate world carbon emissions, due to leakage from lower oil prices and conversion …

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

across countries with lower average stock market volatility, crises are more frequent in countries with poor creditor …

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 …

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 …

This paper investigates the effects of equity and bond portfolio inflows on exchange rate volatility, using monthly … probability Markov-switching model. We find that net equity (bond) inflows drive the exchange rate to a high (low) volatility … state. In particular, net bond inflows increase the probability of remaining in the low volatility state in the case of …

offshoring plays for domestic volatility of employment. Offshoring is modeled as in Antràs & Helpman (2004), but we assume … has a pro-offshoring effect. And 2), under this same condition, offshoring increases volatility in domestic employment of … offshoring firms and the volatility of offshore employment of these same firms is larger than volatility of domestic employment …