than by GARCH type volatility estimates. The t-DCC estimation procedure is applied to a portfolio of daily returns on … suggest a general trend towards a lower level of return volatility, accompanied by a rising trend in conditional cross …

system with spillovers. The empirical analysis distinguishes four periods: (i) 19781985, (ii) 19861990, (iii) 19911994, (iv …

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …

inflows (new listings) and outflows (sales) in explaining the volatility and co-movement of housing-market variables. An 'ins …

European unemployment rates. They also generate positive comovements in macroeconomic variables and a large relative volatility …

This paper investigates the effect of workplace unionization and product market volatility on firms' propensity to use … temporary employment. Using Italian firm level data, we show that unionization and volatility have a positive impact on the … share of temporary contracts. However, as volatility increases the union effect becomes negative, suggesting that in a …