In this paper, we empirically investigate the link between forecasts transparency and macroeconomic volatility as … measured by inflation and output growth volatility in developing economies. We adopt the quasi-random controlled experiments … that increasing forecasts transparency unambiguously leads to higher macroeconomic volatility in developing countries …

Macroeconomic Volatility and Welfare in Developing Countries: An Introduction Norman V. Loayza, Romain Ranciere, Luis … Serven, ` and Jaume Ventura Macroeconomic volatility, both a source and a reflection of underdevelopment, is a fundamental … concern for developing countries. This article provides a brief overview of the recent literature on macroeconomic volatility …

evaluates the performance of the models. The probit model with the industrial production index and the realized volatility as …

We present cross-country evidence that a country's macroeconomic volatility, measured either by the standard deviation … volatility in post-war periods. Robustness checks reveal that the effect of this historical variable on volatility remains … that the state history variable is more important in countries with a higher level of macroeconomic volatility …

We present cross-country evidence that a country's macroeconomic volatility, measured either by the standard deviation … volatility in post-war periods. Robustness checks reveal that the effect of this historical variable on volatility remains … that the state history variable is more important in countries with a higher level of macroeconomic volatility …