measures, the financial globalization index corrects for the heteroscedasticity of global volatility. This leads to a downward … globalization reduces market volatility (measured by the volatility of stock returns) in tranquil times, and increases it in … turbulent ones. On average, the first effect dominates, so that financial globalization leads to a decrease in market volatility …

This paper addresses the role of market remoteness in explaining maize price volatility in Burkina Faso. A model of … price volatility. Empirical support is provided to the proposition by exploring an unusually rich data set of monthly maize … volatility. The analysis finds that maize price volatility is greatest in remote markets. The results also show that maize …

fund managers generate excess in stock return volatility, with stocks exhibiting short-term abnormal returns followed by …

The authors explore how Koreas financial structure affects the volatility of asset prices. Documented empirical … price volatility - extreme variations in price - and financial structure. And the volatility of financial and non … affects the volatility of the real effective exchange rate, the money market rate, government bond yields, and stock prices …

emerging and developing economies issuance. A decrease in U.S. expected equity market (or interest rate) volatility, U …

, the volatility of growth and the volatility of trade flows tend to move together; they declined from the 1990s until 2009 …, followed by an increase since 2009. This paper explores the drivers of such movements in trade-flow volatility. The analysis … decomposes trade growth into six components to study their contribution to the overall volatility of trade flows, and presents …

the financial system is important in explaining consumption, and investment volatility. The proportion of credit provided … to the private sector, best explains volatility of consumption, and output. The authors generate their main results using … investment volatility. The simple availability of credit to the private sector, probably helps smooth consumption, and GDP …