Futures markets are a potentially valuable source of information about price expectations. Exploiting this information … has implications for the estimation of economic models of energy-intensive durables, for oil price forecasting, and for …

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 …

We investigate the dynamics of prices, information and expectations in a competitive, noisy, dynamic asset pricing … only if traders over- (under-) rely on public information with respect to optimal statistical weights. Both phenomena, in … uncertainty, over-reliance on public information obtains if noise trade displays low persistence. This defines a Keynesianʺ region …

This paper suggests how to quantify asymmetries in volatility spillovers that emerge due to bad and good volatility … stocks at the disaggregate level. Moreover, the spillovers of bad and good volatility are transmitted at different magnitudes …

return correlations using weekly returns on futures markets and investigate the extent to which multivariate volatility …

volatility …

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