into volatility persistence in stock returns. In part two, I show that the introduction of continuous trading on the WSE is … volatility on days after limit hits and positive autocorrelation in stock returns. I do not find significant advantages of this …

, mergers are more likely in periods exhibiting high inflation rates – but past and present share prices and dividends have no … – triggered by shocks in inflation rates – of share prices and dividends can be observed. Hence, an unanticipated upsurge in … inflation causes a phase of real undervaluation of equity. More formal models like hidden cointegration and the decomposition of …

This study analyzes the impact of stock market liberalization on emerging equity market volatility, in twelve emerging … time-varying nature of conditional volatility following initial market opening. Second, we analyze the effect of … liberalization on stock market volatility while controlling for the fundamental sources of emerging equity market volatility. Finally …

valuation of the asset at any given time. However, most models for forecasting the return or volatility of assets completely … Australian markets which show that this model improves high frequency volatility forecasts. This is most evident for news which …

periods is attributed to the time-varying volatility of shocks. The history for inflation is more nuanced, as a more vigorous …) model of the U.S. economy with both stochastic volatility and parameter drifting in the Taylor rule. They use the results of … sources of the rise and fall of the Great Inflation from the late 1960s to the early 1980s and of the Great Moderation of …

volatility on foreign exchange markets. Starting point is the market participant's microeconomic investment decision, which is … trading volume and volatility on foreign exchange markets. We apply various two-country-models with representative market …

, or dampen the severity of asset price bubbles, including laws designed to mitigate excessive speculation. The article … research alone cannot. With these virtual markets, researchers can identify asset price bubbles-when prices of assets diverge …) evidence suggests the effectiveness of many laws in eliminating bubbles is weak. This article argues for greater use of …