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financial speculation affect food price volatility? The researchers who contributed to The Economics of Food Price Volatility … volatility, as well as the effects of various public policies in affecting this volatility. The chapters include studies of the … effects of weather-related disruptions in supply. The findings shed light on the way price volatility affects the welfare of …
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volatility reduction in equity prices, investment, and external imbalances would be sizable. In the presence of cross …
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This paper examines the impact of trade costs on real exchange rate volatility. The channel is examined by constructing … higher trade costs result in a larger nontradable sector. This, in turn, leads to higher real exchange rate volatility. We …
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The issue of informational efficiency in the evolution of asset prices is examined using data on equity markets in Jordan, Turkey and Pakistan over the period 1986–93. The analysis is carried out in two steps. The parameters of agents’ dynamic consumption and investment decisions are first...
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This paper examines the evidence for the common assertion that the volatility of emerging stock markets has increased … volatility in recent years; indeed, it appears that volatility may have tended to fall rather than rise on average. The paper … should lead to a reduction in return volatility as risk is spread among a larger number of investors …
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