(Applied Financial Economics, 13, 693-700, 2003) on inflation and output on stock returns and volatility is extended by … emerging markets (Malaysia, India, Korea and Philippines). Results reveal that economic volatility, as measured by movement in … inflation, output growth, and interest rate, has weak predictor power on stock market volatility and returns. In line with the …

and Kutan (2003) on inflation and output on stock returns and volatility is extended by including interest rate to compare … before (Malaysia, India, Korea, and Philippines). It is found that economic volatility, as measured by movement in inflation …, output growth, and interest rate, have a weak predictor power for stock market volatility and returns. In line with the …

This study investigates models for overnight interest rate volatility in Turkey and USA using the Asymmetric GARCH … models and determines the best forecasting volatility models. These models are then completed with the use of out of sample … forecasting. The best forecasting volatility models were chosen as the best forecasting is done with taking importance of the …