A new heteroskedastic hedonic regression model is suggested which takes into account time-varying volatility and is … expectation. The art price index is a smooth function of time and has a variability that is comparable to the volatility of stock …

-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 …

More financially developed countries show lower volatility of industrial output. Volatility is particularly reduced in … industries that are more financially dependent. Most of the reduction is in idiosyncratic volatility. Systematic volatility is …

volatility. In the framework of a threshold model, it is shown empirically that this relation depends on country's financial risk … risk, financial openness decreases output volatility, while, in countries with high financial risk, financial openness … increases output volatility. Extensive robustness checks confirm this result. …

production volatility, significantly increases the responsiveness of oil prices to oil shocks. This implies a lower price … volatility. Also the impact of oil shocks on economic activity appears to be significantly stronger in uncertain times. …

financial sector increases the volatility of real variables and amplifies the business cycle. I interpret this bank …

in den USA schwächer als in den Vorjahren, jedoch blieb die Konjunktur in allen anderen großen Wirtschaftsräumen kräftig … den Immobilienmärkten hat sich insgesamt abgeschwächt. Weder in den USA noch in Großbritannien ist es zu einer "harten …