This paper examines long memory volatility in international stock markets. We show that long memory volatility is … memory in volatility than emerging and frontier countries and that stock market jumps are negatively correlated with long … memory of volatility. Overall, our results provide some evidence of a link between stock market uncertainty and macroeconomic …

real effects resulting from a more efficient resource allocation predicted by theory. We find that: (a) financial … financial integration and globalization predict higher growth, lower growth volatility, as well as lower probabilities of …

finance nor to traditional economical theories? Inspired by rational choice theory, this paper tries to explore this largely …

degree of confidence in stocks beating bonds, with moderate returns and volatility, and no extreme returns. For most subjects …

brink of collapse and the deepest contraction in world output in more than half a century followed. Moreover, unprecedented …