the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …, including global growth, global oil prices, and global financial volatility. After accounting for the effects global shocks, we … rate flexibility, education attainment, and lack of political polarization reduce the volatility of economic growth …

We propose a dynamic factor model with time-varying parameters and stochastic volatility to analyze the relationship … country-specific capital flow volatility and that the impact of these variables has become even more important since the 2008 …

the crisis-affected economies in East Asia. Using the Hodrick-Prescott filter, this paper examines the growth volatility … and Hong Kong SAR. Empirical evidences based on quarterly data show that output volatility for both Singapore and South … Korea has increased after the AFC. For the GDP components, trade is a major factor in lowering GDP volatility in Chinese …