The paper analyzes volatility of the electricity prices in the Japanese day-ahead market using realized volatility. We … several HAR models that show the time-dependence structure of the volatility. Our results show that even though that market is … narrow, it is relevant to identify jumps in volatility. Besides, modeling residuals improve estimation results. The time …

The paper analyzes volatility of the electricity prices in the Japanese day-ahead market using realized volatility. We … several HAR models that show the time-dependence structure of the volatility. Our results show that even though that market is … narrow, it is relevant to identify jumps in volatility. Besides, modeling residuals improve estimation results. The time …

China has been growing at high rates during the previous three decades. The current process of rebalancing from an … rates. We show that China's current state of structural change in terms of sectoral employment shares is similar to the … historical developments in Japan and South Korea. We derive plausible scenarios for future growth rates in China and (by …