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...

This study examines changes in Nashville’s labor market following the April 16, 1998 tornado. Specifically, the study focuses on whether or not employment growth experienced a change in mean around the time of the tornado. A time series intervention model that allows for timevarying...