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Persistent link: https://www.econbiz.de/10011659646
This paper focuses on the effect of uncertainty as reflected by financial market variables on subjective well … report lower levels of life satisfaction in times of higher uncertainty approximated by stock market volatility. This effect … educated, and live in one of the GIIPS countries of the euro area. Furthermore, higher uncertainty in combination with a …
Persistent link: https://www.econbiz.de/10011589397
sensitivities to standard risk factors over the sample period from 2007 to 2014. By contrast, comparable bonds (same currency … denomination and credit rating category) issued by foreign entities did not offer significant risk-adjusted returns and exhibited … markedly different sensitivities to Swiss and global risk factors. However, the positive risk-adjusted returns on Swiss bonds …
Persistent link: https://www.econbiz.de/10010495182
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market set-up that accounts for fundamental uncertainty. Nonetheless, the market is designed so that its total value is known …
Persistent link: https://www.econbiz.de/10012231540
Persistent link: https://www.econbiz.de/10011749024
A large number of measures for monitoring risk and uncertainty surrounding macroeconomic and financial outcomes have … researchers in their analyses. However, risk and uncertainty measures differ across multiple dimensions, including the method of … calculated. Therefore, in this paper, we review the literature on global risk, uncertainty, and volatility measures drawing on …
Persistent link: https://www.econbiz.de/10011780277
This paper applies long-memory techniques (both parametric and semi-parametric) to examine whether Brexit has led to any significant changes in the degree of persistence of the FTSE 100 Implied Volatility Index (IVI) and of the British pound’s implied volatilities (IVs) vis-à-vis the main...
Persistent link: https://www.econbiz.de/10011793915
Persistent link: https://www.econbiz.de/10011796716
This paper applies long-memory techniques (both parametric and semi-parametric) to examine whether Brexit has led to any significant changes in the degree of persistence of the FTSE (Financial Times Stock Index) 100 Implied Volatility Index (IVI) and of the British pound’s implied volatilities...
Persistent link: https://www.econbiz.de/10011857194