volatility. Our results show that floating rates tend to present higher levels of growth and lower levels of volatility in … bottom of the growth rankings, while hard pegs appear to induce the largest growth volatility. In light of these results, it …

1970 and 2002, their volatility and effects on the Latin American macroeconomic performance. Volatility is measured by … means of the variation coefficient, which is calculated in two forms. The results show that the volatility of capital …

) real wage volatility (relative to output volatility) is about twice as high in emerging markets compared with developed … economies, and (iii) real wage volatility, as a ratio of output volatility, decreases with the level of financial development …

the main source of income. Yet some in this debate have argued that, given the extreme volatility in agricultural …. Rather it is a direct consequence of the high degree of volatility in agricultural commodity markets. …

of income. Yet some in this debate have argued that, given the extreme volatility in agricultural commodity markets, the …. Results indicate that the short-run impacts of trade liberalization on poverty are not distinguishable from market volatility …

possibility that increased openness will be accompanied by increased volatility. However, although a more open economy may face … increased volatility in its terms of trade, openness confers diversification benefits. In this note, we argue that export … diversification is a key mitigating factor for the total effect of openness on volatility. More specifically, we show that most …

emerging markets, which reduces the volatility of their total net inflows despite higher volatility of the components. Capital …