differences of opinion is left, and hence volatility is decreased. …

at high-frequency controlling for intraday periodicity, volatility clustering and volatility persistence. We find that …

reveals no major importance of the bank balance sheet channel for the relationship between stock market volatility and …

Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards …. This contribution focuses on religion’s possible impact on the shadow economy. Different dimensions of the religious … religions, religious competition or the proximity between religion and the state. The empirical test makes use of the largest …

-amerikanischen Häusermarkt die zu anderen Asset-Märkten analogen ARCH-Effekte des Volatility- Clusterings und einer leptokurtischen … Konsequenzen befassen. -- Asset-pricing ; GARCH ; house prices ; house price volatility …

We propose a new approach to measuring the effect of unobservable private information or beliefs on volatility. Using … high-frequency intraday data, we estimate the volatility effect of a well identified shock on the volatility of the stock … that, as the publicly available information becomes stale, volatility effects and its persistance should increase, as the …

This paper constitutes a first analysis on stock returns and stock return volatility of energy corporations from the … European utilities, they lead to an appreciation of oil and gas stocks. Most importantly, we show that oil market volatility … negatively affects European oil and gas stocks. In contrast, energy stock volatility is not driven by volatility of the resource …