During 2001-07, increases in mature market volatility were associated with declines in forex returns for East Asian … increase in mature market equity volatility generated an exchange rate depreciation of up to ½ percent. This sensitivity rose …

This paper examines how exchange rate volatility and Korean banks' foreign exchange liquidity mismatches interacted … reduced since then. Structural and cyclical changes after the crisis, including decreasing demand for currency hedges and the …

We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980 … volatility but the causality runs the other way around for the post-liberalization period. These findings suggest that gold price … volatility plays a key role in explaining both the excessive exchange rate volatility and current disproportionate share of …

Intro -- Contents -- I. INTRODUCTION -- II. DATA AND ESTIMATION METHODOLOGY -- III. CONCLUSION -- APPENDIX I: DATA …

Intro -- Contents -- I. INTRODUCTION -- II. METHODOLOGY AND DATA -- III. VOLATILITY DYNAMICS IN CENTRAL AND EASTERN … EUROPEAN CURRENCY MARKETS -- IV. CONCLUSIONS -- References. …

-- IV. ANALYTICAL FRAMEWORK -- V. ESTIMATION RESULTS -- VI. DISCUSSION -- VII. CONCLUSION -- EXPERIENCES OF OTHER COUNTRIES …

This paper examines the mechanisms through which output volatility is related to trade openness using an industry … appreciable impact on aggregate volatility. Added together they imply that the relationship between trade openness and …