Many important questions in the field of public finance can be viewed as problems involving public policies in open …

The transfer elasticity of income tax rates is an important parameter in public finance. Given the significant fiscal …

crises. Finally, we summarize the key issues discussed at the 2021 International Institute of Public Finance Congress and the …

response analysis. Second, we examine the announcements effects on market volatility in a more detailed fashion by … adequately analyze both conditional mean and volatility effects. …

that divergence in monetary policy regimes affects forex volatility spillovers but that adding oil to a forex portfolio … shocks dominate forex volatility connectedness, positive shocks prevail when oil and forex markets are assessed jointly …

This paper aims to select the best model or set of models for modelling volatility of the four most popular … exchange rates of each of these cryptocurrencies to estimate a one-step ahead prediction of Value-at-Risk (VaR) and Expected … Shortfall (ES) on a rolling window basis. The best model or superior set of models is then chosen by backtesting VaR and ES as …

volatility índices (namely the originally created RTSVX and the new RVI that has replaced it), using daily data over the period …

volatility channel, may lead one to erroneously conclude that there is no effect of resources on growth. …