Stock return volatility during the Great Depression has been labeled a “volatility puzzle” because the standard …, and Jones; 1990). We investigate the “volatility puzzle” using a new series of building permits, a forward-looking measure … of economic activity. Our results suggest that the volatility of building permit growth largely explains the high level …

According to conventional wisdom, annualized volatility of stock returns is lower when computed over long horizons than …

This paper aims to explore which macroeconomic factors affect the volatility of the automakers stock prices by … return volatility and explanatory variables such as stock market development, GDP and unemployment. Conversely, an inverse …

According to conventional wisdom, annualized volatility of stock returns is lower when computed over long horizons than …