Stylized facts suggest that output volatility in OECD countries has declined in recent years. However, the causes and … structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the …

In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over …-benefit policy. Based on the actual data, our resultsshow the volatility of the internal rate of return to be significantly …

combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting … different groups are exposed to economic risk. As the ESI derives from a data-independent conceptual foundation, it can be …

velocity volatility at both business cycle and long run frequencies. With filtered velocity turning negative, starting during …

velocity volatility at both business cycle and long run frequencies. With filtered velocity turning negative, starting during …

This paper presents insights on U.S. business cycle volatility since 1867 de- rived from diffusion indices. We employ a … volatility across World War I, which is reversed after World War II. While we can generate evidence of postwar moderation …

, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it … determining the cyclical properties of labor market risk. …

The popular Nelson-Siegel (1987) yield curve is routinely fit to cross sections of intra-country bond yields, and …, modeling a potentially large set of country yield curves in a framework that allows for both global and country ….S., we find that global yield factors do indeed exist and are economically important, generally explaining significant …