volatility. Using monthly data of the industrial production indices in the five economies and applying the ARCH/GARCH models to … generate a measure of output volatility to conduct the two-step approach, the results show that output volatility positively … it will not alter the volatility and growth relationship …

paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …

non-Gaussianity when modelling the relation. This is done in a Bayesian VAR framework with stochastic volatility where we …

volatility in developing and transition economies, using dynamic panel technique. According to an analysis of variance and … financial markets. Using data for 44 countries during 1960- 2010, our GMM estimation results indicate that government … expenditures, consumption and GDP volatilities are the major determinants of macroeconomic volatility. The most influential …

inflation and inflation volatility. Using annual data from 1970 to 2011 for a large panel of 180 developed and developing … economies, the results show that, as expected, both measures are positively correlated with output volatility. When the two … empirical findings show that the effect of inflation volatility is positive, while the effect of trend inflation is negative …

This study examines the relationship between U.S. output growth and its volatility over the period 1875:Q1 to 2008:Q2 … breaks in the growth rate and its volatility. In so doing, we employ autoregressive generalized conditional … growth rate and its volatility with and without structural breaks in the mean and volatility processes. We discover one break …

volatility. Instrumental variable estimation supports our intuition about the direction of causality …Since output growth volatility has negative effects on growth, poverty and welfare, especially in poorer countries, it …. Remittances can help reduce output growth volatility thanks to their considerable magnitude, stability and low pro …