Among the harmful effects of inflation, the negative consequences of inflation volatility are of particular concern … inflation volatility. Major results are robust for unconditional and conditional inflation volatility, the latter derived from … country-specific GARCH models, and across different data requencies, time periods and econometric methodologies. From a policy …

We lay out an empirical and a theoretical model to analyze the effects of non-fundamental exchange rate volatility on … economic activity and welfare. In the first part of the paper, the GARCH-SVARmodel is applied to measure empirically the effect … of the conditional exogenous exchange rate volatility on the conditional mean of the endogenous variables in our open …

major contributor to the world's environmental problems, contributing about 18% to global anthropogenic greenhouse gas (GHG …) emissions, although highly variable across the world. FAO (2010) asserts that the global dairy sector contributes with 3 …