growths on average relative to the rest of the world (ROW). This is earned even though the US is relatively insulated against …

of the US stock market vis-a ́-vie the rest of the world (ROW) during global bad times. Finally dollar strength is …

more foreign assets, as predicted by the theory. Despite the positive effects of beta, a country's idiosyncratic volatility …. International risk is defined as the beta of a country’s consumption growth with world consumption growth. High-beta countries hold …, but also future consumption growth. High-volatility countries have worse net foreign asset positions, suggesting that …

assets do not exhibit the U-shaped intraday volatility pattern that has been documented for US equities, even if only main … trading hours are considered. Intraday spikes in volatility are driven by the open or close of the market for the respective … volatility patterns, and US macroeconomic news account for a sizable fraction of jump-driven volatility. For some -- but not all …

This paper investigates the effect of domestic and global uncertainty on the volatility of the Mexican peso US dollar … derive an exchange rate volatility measure by estimating a univariate GARCH(1,1) model. In the second stage, we regress the … estimated exchange rate volatility on domestic and global uncertainty proxies, built with data from the survey of professional …

While flexible exchange rates facilitate stabilisation, exchange rate fluctuations can cause real volatility. This … gives policy importance to the causal relationship between exchange rate depreciation and its volatility. An exchange rate … this: depreciation makes exchange rate more volatile for all but volatility does not causes depreciation in Tanzania which …