The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We … with higher inflation volatility …

This paper establishes that output volatility and the size of output drops have declined across all countries over the …. The favorable trends in output volatility and large output drops in developing countries are found to result from lower … country-specific volatility and more benign country-specific events. Evidence from cross-section regressions over the 1970 …

reduce macroeconomic volatility. The econometric estimation results from a 30-year panel data set of 15 countries with and … without oil funds suggest that oil funds are associated with reduced volatility of broad money and prices and lower inflation …. However, there is a statistically weak negative association between the presence of an oil fund and volatility of the real …

as conventional wisdom-that output volatility and growth are negatively correlated. We reexamine this relationship in the … negative association between growth and volatility has been preserved during the 1990s, both trade and financial integration … significantly weaken this negative relationship. Specifically, we find that, in a regression of growth on volatility and other …

evidence supporting the nonneutrality hypothesis of nominal exchange regime on RER volatility. Also, regime shifts play an …

measures of linear dependence and feedback indicate strong connections between the respective markets, futures volatility does … not significantly explain spot market volatility, nor does it increase after futures introductions. To account for the … characteristics of the spot and futures returns a SWARCH model has been employed to estimate volatility …

There is strong evidence that interest rates and bond yield movements exhibit both stochastic volatility and … associated bond yields by estimating the volatility and jump risk premia in highly volatile markets. Using the simulated method … of moments (SMM), results suggest that all variants of models which do not take into account stochastic volatility and …