: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …

The investigation of the growth-volatility link is an important one in empirical macroeconomics. There is no empirical … capital in this link. Using a panel data, we show empirically how the detrimental effect of output volatility on growth is …

This paper focuses on the impact of full capital account liberalization on macroeconomic volatility in Greece … reduce macroeconomic volatility. The link between macroeconomic volatility and capital account openness in the Greek economy …. There is no strong evidence for a stable relation between macroeconomic volatility and variables of financial openness. Thus …

micro-based banking production, enables a contrasting characterization of the two great volatility cycles over the … historical period of 1919-2004, and enables this puzzle to be addressed more easily. The volatility divergence is explained by … the upswing in the credit volatility that kept money supply variability from translating into inflation and GDP volatility. …

This paper models the relationship between growth and volatility for G7 economies in the time period 1960-2009. It … delivers for the first time estimates of this relationship based on a logarithm variant of stochastic volatility in mean (SV … show that output volatility has increased in all countries since the beginning of the financial crisis, which illustrates …

Growth and volatility correlate negatively across countries, but positively across sectors. Analytically, whether or … not sectoral growth and volatility are correlated positively is irrelevant in the aggregate. Cross-country estimates … identify the detrimental e¤ects of macroeconomic volatility on growth, but they cannot be used to dismiss theories implying a …

nominal rigidities, the shock persistence and the type of Taylor rule affect the relationship between monetary volatility and …

: (i) monetary volatility negatively affects long-run growth; (ii)the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …

: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …