We examine the relationship between the short-term volatility of the <em>effective</em> Real Exchange Rate (RER) and … in effective RER volatility when moving to more flexible exchange-rate regimes. Surprisingly, there are even some … countries for which volatility is lower under more flexible exchange-rate regimes. In part our findings reflect the fact that …

There has been a large decline in the volatility of Australian output over the past 40 years. This paper looks at the … from changes in the inventories cycle there have also been significant declines in underlying output volatility. This paper … focuses on the underlying structural factors for the reduction in volatility. It finds that the principal cause of the decline …

the forecasts of the volatility of market rates and the correlations between the various market rates (that is, the …

opportunities are found. Over time, the underlying payoffs randomly change, i.e. display some "volatility". In response to it …. The long-run dynamics of the process sharply depends on environmental volatility, displaying the following features: (a …) Only if volatility is not too high can the society sustain a dense social network and thus attain a large average payoff …

The transmission mechanisms of volatility between markets can be characterized within a new Markov Switching bivariate … the long run with a spillover from Hong Kong to Korea and Thailand, interdependence with Malaysia and comovement with …

is presented in this paper and evaluated by means of a simulation and a real world example of volatility spillovers in …

, durations, realized volatility, daily range, and so on) which exhibit clustering and can be modeled as the product of a vector …, number of trades and realized volatility reveals empirical support for a dynamically interdependent pattern of relationships …

gains over the equation by equation approach using a four variable fully interdependent model with different volatility …