the variance of monetary shocks has a negative effect on growth, while output volatility is good for growth as a positive …We provide empirical support for an analytical DSGE model with nominal wage stickiness where growth is driven by … learning-by-doing and money shocks and their variance are allowed to impact on long-run output growth. In our theoretical model …

of monetary shocks has a negative effect on growth, while output volatility is good for growth as a positive relationship …We provide empirical support for a DSGE model with nominal wage stickiness where growth is driven by learning …-by-doing and money shocks and their variance are allowed to impact on long-run output growth. In our theoretical model the variance …

. It shows that similar press releases generate less market volatility, but that more substantial textual changes after a … sequence of very similar statements lead to much larger volatility. …

volatility positively and significantly influences economic growth when growth in government spending is below 6 percent. Above … this 6 percent threshold, volatility exerts an insignificant effect on economic growth. In light of the adoption of a free …In this paper, we challenge the traditional assumption of a linear relationship between exchange rate volatility and …