The evidence on the inflation impact of aging is mixed, and there is no evidence regarding the volatility of inflation … higher inflation volatility. Our paper is also the first, using this framework, to discuss how aging affects the transmission …

This paper investigates the consequences of exchange rate volatility on the variability of export prices and quantities …

portfolio theory without recourse to market imperfections. It also demonstrates that “Value-at-Risk” portfolio management rules …

reduce macroeconomic volatility. The econometric estimation results from a 30-year panel data set of 15 countries with and … without oil funds suggest that oil funds are associated with reduced volatility of broad money and prices and lower inflation …. However, there is a statistically weak negative association between the presence of an oil fund and volatility of the real …

measures of linear dependence and feedback indicate strong connections between the respective markets, futures volatility does … not significantly explain spot market volatility, nor does it increase after futures introductions. To account for the … characteristics of the spot and futures returns a SWARCH model has been employed to estimate volatility …

, such capital controls have the merit of reducing the volatility of exchange rates following a monetary shock. On the other … hand, the implementation increases exchange rate volatility in the short run and induces costs for the real sector in the …

This paper investigates the relationship between the nominal exchange rate regime and the volatility of relative … for primary commodities, the volatility of relative commodity prices rises when exchange rate uncertainty increases. If …

volatility, and assesses different price smoothing rules on the basis of historical oil prices. These simulations reveal the …

-or-sow"" model of growth. High volatility of permanent shocks results in high precautionary saving in the safe asset and low … investment, or a ""volatility trap."" Namely, big savers invest relatively little. In contrast, low volatility of permanent … shocks leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks …