November 5, 2012 to curb excessive volatility and unfair trades, and thus promote efficient price discovery. There are two … reversals, increasing volatility and turnover after the halt period. These results mean that the price discovery function of the … temporary volatility and unfair trades, and it is needed to complement the mechanism …

as follows; First, there is a strong evidence that conditional mean and volatility spillovers between KOSDAQ50 index spot …

effects on volatility. Sequences are pairs of consecutive returns with the same sign and reversals pairs of consecutive … useful to analyze the effects on volatility of sequences and reversals. The empirical results show that General CHARMA is … more appropriate than GARCH in specifying volatility. Also, we obtain the results that pairs of consecutive returns with …

및 동시확대국면 지속기간을 분석하였다. 분석결과 상대적으로 안정적으로 평가받는 미국 등 최선진국 채권시장에서도 역시 변동성(volatility clustering)이 존재하고 분석대상 채권시장 상호 간에 서로 영향을 …English Abstract: This paper highlights the dynamics of volatility among international bond markets, Especially … focusing on the developed countries, we analyze the regime shifts in volatility between mutual bond markets, along with the …