Empirical Studies on Volatility in International Stock Markets describes the existing techniques for the measurement … and estimation of volatility in international stock markets with emphasis on the SV model and its empirical application …-established GARCH model but also to implied volatility and so-called realised volatility models which are based on intraday volatility …

has generally increased over time, and that in times of crisis liquidity is lower and the volatility of liquidity is …