volatility. Our methodology shows the efficacy of stabilization policies, initiated notably by the Federal Reserve, in dampening …

announcements from the U.S. were selected, and an empirical analysis of the daily returns, volatility, and volume of the selected …

forward premiums on monthly exchange-rate returns in a framework that allows for volatility timing. We implement Bayesian … stochastic volatility innovations and (2) strategies based on combined forecasts yield large economic gains over the random walk …