Using the Malmquist productivity index and panel data methods, we study the role of total human capital and its composition in the technological “catch-up” process and productivity growth via the channels of innovation and adoption of technology in a panel of 19 sub -Saharan African...

This paper investigates the dynamic, short-run response of Euro exchange rate returns to the information surprise of global macroeconomic announcements. In addition, it advocates a new approach to modelling intraday exchange rate volatility to allow accurate characterisation of reactions. US...

This paper provides an analysis of intraday volatility using 5-min returns for Euro-Dollar, Euro-Sterling and Euro-Yen exchange rates, and therefore a new market setting. This includes a comparison of the performance of the Fourier flexible form (FFF) intraday volatility filter with an...