This paper examines volatility spillovers from changes in the size of the balance sheets of the Federal Reserve (FED … most susceptible to positive volatility spillovers from both the FED and ECB in terms of magnitude. Positive volatility … about ten. By contrast, we find that EME stock markets are subject to negative volatility spillovers. Moreover, we find only …

. It shows that similar press releases generate less market volatility, but that more substantial textual changes after a … sequence of very similar statements lead to much larger volatility …

I estimate the transmission of large global volatility shocks in international equity markets from the earlier (pre … significant increases in unanticipated volatility in US equity markets, which I relate to well-known historical events. My …

output volatility. In this vein, our paper investigates whether exporting and export diversification at the firm level have … an effect on the output volatility of firms. We use large representative firm-level databases from Estonia, Hungary … higher volatility at the firm level. There is also evidence that this effect increased during the Great Recession due to the …

In this paper we examine the quantitative effects of margin regulation on volatility in asset markets. We consider a … of collateral constraints leads to strong excess volatility. Thus, a regulation of margin requirements may have … in the regulation of one class of assets may have only small effects on these assets' return volatility if investors have …

We assess the quantitative implications of collateral re-use on leverage, volatility, and welfare within an infinite … used to back more transactions. Re-use thus contributes to the buildup of leverage and significantly increases volatility … in financial markets. When introducing limits on re-use, we find that volatility is strictly decreasing as these limits …

speculative trading increases. As a result, market liquidity deteriorates and short-term volatility rises. Our findings hold for a …

volatility of cross-border transactions. However, there are substantial differences across countries and regions which we analyse …

particular, the non-parametric estimator of these densities, which is based on fitting implied volatility curves, is applied to …