concentrate on modeling the conditional mean. However, financial time series exhibit certain stylized features such as volatility … to address this issue and to gain insights on the volatility patterns of CDS spreads, bond yield spreads and stock prices … creditworthiness of debtors more reliably. The obtained findings suggest that volatility takes a significant higher level in times of …

reduces the volatility of inflation, the interest rate and the output-gap. Thus two economies with the same average degree of …

volatility, it would actually increase domestic price volatility in developing countries, largely by restricting imports when …

of income. Yet some in this debate have argued that, given the extreme volatility in agricultural commodity markets, the …. Results indicate that the short-run impacts of trade liberalization on poverty are not distinguishable from market volatility …

significant efforts, several structural sources of volatility remain, and new ones have emerged as a result of the new and …

positively linked to the conditional volatility of future real activity and of equity returns. The joint information in sectoral …

The article deals with a typical phenomenon of financial time series - volatility. These time series usually embody … intermittent periods of relative "calm" and quite high variability. A volatility modelling of time series is made with the help of … special econometric volatility models which characterize the so-called conditional heteroskedasticity. The goal of this paper …

This paper studies the impact of the level and volatility of commodity terms of trade on economic growth, as well as on …. We argue that volatility, rather than abundance per se, drives the "resource curse" paradox and also investigate …, volatility exerts a negative impact on economic growth operating mainly through lower accumulation of physical capital. Our …