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 …

The degree of endemic volatility in the number of firms and establishments varies considerably across industries … of firm volatility across industries: for example, sunk capital costs, uncertainty about profits and technological change … increases in sunk costs or uncertainty having relatively greater effect on firm volatility. The effects of technological change …