-varying uncertainty (i.e., volatility) about future economic prospects drive asset prices. These two channels of economic risks can … account for the risk premia and asset price fluctuations. In addition, the model can empirically account for the cross …

financial institutions and firms, and public regulators, are coping with risk. Faced with innovation and volatility, the task of … risk management is being passed to the private sector. Following assessments of the extent of market volatility and risk in … markets of the 1990s. The four main sections address central bank perspectives, volatility and risk, institutional issues and …

to examine the effects of crude oil volatility (VTOIL), the Geopolitical Risk Index (GPR), and the world uncertainty …: First, a negative shock of crude oil volatility can negatively affect the Saudi financial development. In addition … both negative and positive crude oil volatility shocks, the economic growth is more susceptible to a positive shock …