institutions determining tax wedges have an impact on the volatility of the real economy induced by a financial shock. By contrast …

: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …

opportunities, asset tangibility, non-debt tax shield, volatility and liquidity on capital structure. Employing the cross …

We investigate the relation between global foreign exchange (FX) volatility risk and the cross-section of excess … FX volatility and thus deliver low returns in times of unexpected high volatility, when low interest rate currencies … provide a hedge by yielding positive returns. Our proxy for global FX volatility risk captures more than 90% of the cross …

Volatility in exchange rates is decomposed into components associated with domestic and international concerns for six …

This study proposes a new approach to the estimation of daily volatility in financial markets. To do this we evaluate a … number of traditional estimators of daily volatility based upon intra-day data and propose a new estimator of daily … volatility based upon intra-day data which is both unbiased and efficient. …

the main source of income. Yet some in this debate have argued that, given the extreme volatility in agricultural …. Rather it is a direct consequence of the high degree of volatility in agricultural commodity markets. …

opportunities, asset tangibility, non-debt tax shield, volatility and liquidity on capital structure. Employing the cross …

volatility in working hours is also data-consistent because of the substitution between market and nonmarket sectors. …