volatility and (the lack of) persistence implies that when one excludes volatile items relevant information is likely to be … volatility and persistence. The evidence shows that such measures far outperform those based on either volatility or persistence …

Countries with strong executive constraints have lower growth volatility but similar average growth to those with weak … in inflows when strong executive constraints are adopted in terms of the reduction in the volatility in productivity …

is an augmented intergenerational income mobility model that includes controls for income volatility. I measure income … volatility at the family level in two ways: (1) instability as measured by squared deviations around a family-specific mean; and … (2) instability as percentage changes of 25 % or more. Volatility enters the model both separately and interacted with …

the GARCH framework. The above two factors affect the risk-return tradeoff via volatility persistence, a parameter totally …

economy. Additionaly, short-term volatility and medium-term variability of effective exchange rates are examined. The results … suggest that flexible exchange rate arrangements are reflected in higher volatility and variability of nominal as well as real …

: volatility, unbiasedness and forecast efficiency. Our results indicate that the properties of the revisions are more problematic … for the production side than for the expenditure side. The high volatility of the revisions on the production side …