This paper examines the dynamic relations between future price volatility of the S&P 500 index and trading volume of S&P 500 options to explore the informational role of option volume in predicting the price volatility. The future volatility of the index is approximated alternatively by implied...

This paper estimates the premium for volatility risk for European currency options written on British pounds. The average annualized premium for volatility risk is neither statistically different from zero nor invariant to the option's moneyness. However, the risk premium is positively and...

The study empirically examined the macroeconomic impact of remittances on private savings in Pakistan by applying the ARDL Bounds Testing Approach of co integration by using annual time series data for 1973-2007.It also analyzes the effectiveness of remittances and foreign direct investment in...