volatility. The paper provides an overview of the recent developments in the conventional debt market. It builds an empirical two … that nonresident flows are behind the observed exchange rate volatility. The results suggest that the public debt market in … Malaysia responds adequately to both pull and push factors and find no firm evidence that nonresident flows cause volatility in …

, and volatility in the remittance-sending country …

This paper examines the effect of stabilization funds on the volatility of government expenditure in resource … stabilization funds contributes to smoothing government expenditure. The spending volatility in countries that have established such … analysis also shows that political institutions and fiscal rules are significant factors in reducing the expenditure volatility …

This paper investigates the determinants of fiscal policy behavior and its time-varying volatility, using panel data … more volatile fiscal behavior, while fiscal rules and higher institutional quality reduce the volatility of fiscal policy …

This paper proposes a stochastic volatility model to measure sovereign financial distress. It examines how key European … sovereign credit default swap (CDS) spreads affect each other; specifically, the paper analyses the volatility structure of … explaining each other’s volatility while Germany also plays an important role. It is found that extreme bad news led to …

We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure … relationship between clarity and market volatility prior to and during the early stage of the global financial crisis. As the …

volatility and (the lack of) persistence implies that when one excludes volatile items relevant information is likely to be … volatility and persistence. The evidence shows that such measures far outperform those based on either volatility or persistence …