This paper investigates empirically the effect of personal income tax progressivity on output volatility in a sample of … hypothesis that higher personal income tax progressivity leads to lower output volatility. All other factors constant, countries …

the hypothesis that a large share of Jordan's output volatility can be associated with fluctuations in net income received …

risk, financial openness decreases output volatility, while, in countries with high financial risk, financial openness … increases output volatility. Extensive robustness checks confirm this result. …This paper provides evidence for a significant relation between international financial markets' integration and output …

-country interdependence of output volatility has evolved over the period 1955 to 2006. From a methodological perspective, we adopt a spatial … econometric approach, relating a country's output volatility to (distance weighted averages of) other countries' output volatility … results for the most recent period suggest that a uniform shock to output volatility in the world economy roughly …

This paper investigates the short-run and long-run impact of the determinants of output volatility for the G3 during … interest rate and inflation, explains output volatility. Fiscal policy variations, captured by the volatility of government …