Iran has become one of the most CO2 emitting countries during the last decades. The country ranks after Japan and Germany in terms of CO2 emissions. However, from an economic viewpoint, the gross domestic product (GDP) of Iran is lower than the summation of Berlin and Tokyo GDP. Moreover, a...

We investigate the question of whether macroeconomic variables contain information about future stock volatility beyond that contained in past volatility. We show that forecasts of GDP growth from the Federal Reserve's Survey of Professional Forecasters predict volatility in a cross-section of...