volatility in nominal interest and exchange rates raised risk and amplified exogenous shocks. The second factor raising …

financial under-development to foreign reserve accumulation in some emerging market economies, especially in China. It is argued …

This study investigates the relationship between workers’ remittances and economic growth in China and Korea by … remittances and economic growth in China. Error correction model confirms the significant positive short run relationship of … workers’ remittances with economic growth in Korea while, the results of China were insignificant in short run. Causality …

This paper focuses on the impact of full capital account liberalization on macroeconomic volatility in Greece … reduce macroeconomic volatility. The link between macroeconomic volatility and capital account openness in the Greek economy …. There is no strong evidence for a stable relation between macroeconomic volatility and variables of financial openness. Thus …

reflect the different information which have been imbedded in the housing market in the long-time. The high volatility of the … investment choices. In a macroeconomic framework these combined effects negatively push on aggregate demand with a huge shock to … shock in Residential Property Prices becomes persistent after six quarters. This last outcome confirms that huge upward or …

: (i) monetary volatility negatively affects long-run growth; (ii)the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …