The authors present an exact methodology for decomposing cross-sectional volatility into contributions from various …

show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two … economically significant effect on firm-level volatility, although an increase in the intensity of sales through foreign affiliates … has a stronger effect on volatility than a similar change in firms' export intensity. We also uncover evidence consistent …

autoregressive conditional heteroskedasticity framework for global wealth and happiness represented, respectively, by FTSE All-World … happiness significantly mitigate wealth volatility, and daily wealth returns positively affect the changes in happiness … sentiment. These findings reveal a spiral transmission in daily changes in happiness sentiment and global wealth volatility and …