What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … and legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the …

mortality, little evidence exist on the potential relationship between sustained income volatility, keeping average lifetime …-specific volatility of income on the other, decomposing volatility into a permanent and transitory component.Controlling for average …

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 …

business cycle volatility, hinting at a stabilizing effect of public employment, while public wages correlate weakly and … positively with business cycle volatility, hinting at a destabilizing effect of public wages. To explain these relationships, we …