-cycle volatility, while preserving the model's properties in terms of comovement, and relative volatilities. In contrast, optimism is … not a useful source of volatility in our model. …

“substitutes,” in the sense that the individual use of either instrument leads to a reduction in the volatility of both …

volatility of the index and the reversibility phenomenon. We study the formal link between the repeat-sales index and the price …

market depth) or increase (due to more speculation) volatility. As the identification of these effects ultimately remains an … empirical question, we use daily data from April 2005 to April 2008 to document volatility behavior in the EU ETS. By … introduction of the option market had no effect on the volatility in the EU ETS. These finding are robust to other likely …

This paper investigates the causal relationships between volatility in Saudi stock market and banks credit for equity … investments. Our finding indicate there is a bi-directional feedback effects between the stock price volatility and banks credit … loans. In other words, volatility in private credit for equity investments influence volatility in stock price and vice …

This paper empirically investigates the impact of GDP volatility on current account balances for a large sample of … include GDP volatility computed from the annual growth rate of GDP. It turns out that for low income countries the impact of … GDP volatility on their current account balances is negative, whereas the reverse is true for high income countries. The …

can have substantial negative effects on the economy, for instance by increasing the level and volatility of real house …

What should be the appropriate macroeconomic policy to minimize the volatility of output in a resource-based economy, i … sources of volatility of output in Russia as compared to other countries and concludes that in 1994-2004 volatility of Russian … countries that export resources with highly volatile prices, like Russia, volatility of economic growth is associated with …