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 …

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 …

mid-1980s, in contrast to the simultaneous volatility decline of most aggregates, including overall hours and employment … the skill premium, it is interesting to check its short-run implications for employment volatility. The numerical results … DSGE models' implications for overall labor market' volatility. …

-term volatility of the real exchange rate with its slow convergence to parity. Further, the drift and diffusion of the real exchange …

context while allowing for shifts in volatility across nominal exchange rate regimes, and the implications for the speed of … adjustment. The results indicate significant nonlinearity and volatility shifts corresponding broadly to the classical Gold …

transitory shocks. The theory fits well one empirical feature of the data, namely the short-run volatility of real exchange rates …According to the Purchasing Power Parity {(PPP)} theory, real exchange rate fluctuations are mainly caused by …, the results show that the data are not inconsistent with the {PPP} theory, although we cannot provide conclusive evidence …

overshooting is addressed. Whereas the sticky price models view exchange rate overshooting and exchange rate volatility as symptoms …