produces two striking results: (i) Much of the observed short-term volatility in exchange rates comes from sampling the …

positively related to exchange rate volatility as well as to transportation costs. (2) Once we have controlled for these two …

. Assuming that news has only country specific autocorrelation such as a heat wave. any intra-daily volatility spillovers (meteor …. Using a volatility type of vector autoregression we examine the impact of news in one market on the time path of volatility …

This paper offers empirical evidence that real exchange rate volatility can have a significant impact on long-term rate … with relatively low levels of financial development, exchange rate volatility generally reduces growth, whereas for … rate volatility, and outliers. We also offer a simple monetary growth model in which real exchange rate uncertainty …

Volatility tests are an alternative to regression tests for evaluating the joint null hypothesis of market efficiency … taken to be. By considering tests based on conditional volatility bounds, we show that if the alternative is that one could … conditional volatility tests.If the application is to spot and forward markets, then the most powerful conditional volatility test …

implications of a broad range of U.S. tax code provisions for behavior of interest rates. Determinants of interest rate volatility …

. raising mechanism due to the sharp increase in interest rate volatility that has followed the Federal Reserve System …'s adoption of new monetary policy procedures in 1979. First, the increased volatility has probably led nonfinancial corporations … increased volatility has probably led underwriters of high grade corporate bonds to increase the spread of a typical new issue …