world on the U.S. external position. The author constructs their global distribution, carefully accounting for the role of …

investigate the impact of non-stationary microstructure noise on some volatility estimators, and design three complementary tests …

In the age of transnational capitalism, significant amounts of capital are flowing from developed world to emerging … between FIIs inflows and volatility in indices of NSE by adopting Granger Causality test in a bivariate VAR framework. The … National Stock Exchange, one of the fastest emerging stock markets with high volatility. The analysis covered daily data series …

Characterizing asset price volatility is an important goal for financial economists. The literature has shown that … variables that proxy for the information arrival process can help explain and/or forecast volatility. Unfortunately, however … improves foreign exchange and equity volatility forecasts. We find that capital flows can help explain transitory shocks to …