In the advent of postal market liberalization in several European countries we expect that the incumbent operators …

used to reduce volatility and distortion of the macroeconomic aggregates. …

This paper discusses the link between financial development and macroeconomic volatility by exploring some of the ways … development exerts an unambiguous effect on macroeconomic volatility. Building on theoretical work related to two different … market volatility is controlled for. …

-variance analysis of alternative investments has been hampered by the lack of a systematic treatment of volatility in these markets … underlying volatility. For example, in art markets, auction houses often give price guarantees to the seller that resemble put … the price index, allowing to treat the volatility parameter as the object of interest. The model can be estimated using …

on some high frequency basis has spurred the research in the field of volatility modeling and forecasting into new … directions. First, the realized variance is a much better estimate of the latent volatility than the sum of the weighted daily … squared returns. As such it is better suited for comparing the out-of-sample performances of competing volatility models …