We analyse the importance of jumps and the leverage effect on forecasts of realized volatility in a large cross … widely employed empirical models for realized volatility that allow for jumps and leverage. Our out-of-sample forecast … evaluation results show that the separation of realized volatility into a continuous and a discontinuous (jump) component is …

in volatility of precious metals has been reduced. The results suggest gold is the most stable of the precious metals …

This paper studies the volatility spillover between Islamic equity markets and oil prices. We use a sample of five … countries from the Gulf region. The results show that there is a reduction in the volatility spillover, particularly for the … financial markets. The new structure of volatility spillover has important implications for international investors with respect …