volatility of the real exchange rate. In addition, the sensitivity analysis shows that our model can rationalize more than 97% of … both persistence and volatility of the real exchange rate. Our analysis suggests that the purchasing price parity puzzle …

taxes is to contain price rise and volatility, to generate revenue, and to increase transparency, these arguments are …, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper … cost and liquidity, and a positive relationship between transaction cost and volatility. Therefore, if the government …

This paper focuses on the impact of full capital account liberalization on macroeconomic volatility in Greece … reduce macroeconomic volatility. The link between macroeconomic volatility and capital account openness in the Greek economy …. There is no strong evidence for a stable relation between macroeconomic volatility and variables of financial openness. Thus …

speculation) volatility. As the identification of these effects ultimately remains an empirical question, we use daily data from … April 2005 to April 2008 to document volatility behavior in the EU ETS. By instrumenting various GARCH models, endogenous … effect of decreasing the level of volatility in the EU ETS while impacting its dynamics. These findings are fairly robust to …

volatility, skewness, kurtosis, and density forecasting. More generally, we discuss how any forecasting object which is a twice …-implied covariance, correlation and beta forecasting as well as the use of option-implied information in cross-sectional forecasting of …

volatility of revenues, have failed to save a sufficiently high proportion of their resource revenues and failed to make high …

that they had only limited success in reducing the volatility of the prices they set out to stabilise, as well as being …, and would crowd out private storage. Some market-based approaches to countering food price volatility are also examined as …

This paper studies the volatility of commodity prices on the basis of a large dataset of monthly prices observed in … evidence does not actually attempt to measure the volatility of prices of individual goods or commodities. The literature tends … to focus on trends in the evolution and volatility of ratios of price indexes composed of multiple commodities and …

We examine the impact of distressed acquisitions on acquirer volatility and default risk for a worldwide sample of … distressed firms using several risk measures. We find that, on average, absolute levels of historical and implied volatility do … relative total, systematic and idiosyncratic volatility and default risk, hence risk rises for both shareholders and …