capital and labor incomes. This paper documents and explains changes in income volatility. Using a theoretical framework which … idiosyncratic component of income volatility has hardly changed over time. Third, crosssectional heterogeneity in the evolution of … volatile in relative terms. Fourth, income volatility is related to variables measuring the bargaining power of workers. Trade …

The major aim of this empirical study is to estimate the volatility time series returns for a cluster of international … stock markets, such as: Switzerland, Austria, China and Hong Kong. The paper demonstrates statistical modeleling in order to … capture volatility clusters and changes in long and short term volatility impact. The econometric approch is based on randomly …