There is no consensus about the causes of the reduction in business cycle volatility seen in many major economies over … the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic … itself led to a reduction in the volatility of economic shocks. Our projections suggest that a number of major economies …

There is no consensus about the causes of the reduction in business cycle volatility seen in many major economies over … the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic … itself led to a reduction in the volatility of economic shocks. Assuming an absence of cataclysmic events, our projections …

This paper analyzes the relation between exchange rate volatility and several macroeconomic variables, namely real per … find that lower exchange rate volatility is associated with higher growth (for relatively less financially developed …