This paper presents an unemployment rate model that provides insight into how the time series behavior, in terms of both the mean and volatility, of the unemployment rates of black males, white males, black females, and white females differ. Demographic differences in the unemployment rate...

This paper examines volatility and correlation dynamics in price returns of gold, silver, platinum and palladium, and explores the corresponding risk management implications for market risk and hedging. Value-at-Risk (VaR) is used to analyze the downside market risk associated with investments...