, fragmentation, and volatility as key measures of aid quality and discusses their implication for the coordination and effectiveness …

framework can be used to estimate the autocorrelation function of the latent volatility process and a key persistence parameter …. Our analysis is motivated by the recent literature on realized (volatility) measures, such as the realized variance, that … are imperfect estimates of actual volatility. In an empirical analysis using realized measures for the DJIA stocks we find …

This paper assesses exchange rate volatility is four new EU member countries (Czech Republic, Hungary, Poland, and … volatility and indicate that the Slovak koruna entered into the mechanism at optimal time. On the other hand, the admissible …

This paper empirically investigates the impact of GDP volatility on current account balances for a large sample of … include GDP volatility computed from the annual growth rate of GDP. It turns out that for low income countries the impact of … GDP volatility on their current account balances is negative, whereas the reverse is true for high income countries. The …

can have substantial negative effects on the economy, for instance by increasing the level and volatility of real house …

What should be the appropriate macroeconomic policy to minimize the volatility of output in a resource-based economy, i … sources of volatility of output in Russia as compared to other countries and concludes that in 1994-2004 volatility of Russian … countries that export resources with highly volatile prices, like Russia, volatility of economic growth is associated with …

credits; 2) macroeconomic troubles, including loss of competitiveness and macroeconomic volatility; 3) decrease of aid returns …

A recent literature shows how an increase in volatility reduces leverage. However, in order to explain pro …-cyclical leverage it assumes that bad news increases volatility, that is, it assumes an inverse relationship between first and second … volatility. We show that, in a model with endogenous leverage and heterogeneous beliefs, agents have the incentive to invest …

This paper aims to establish particularities for the relationship between exchange rate volatility and the … contradicted by practical cases. This analysis starts from well-known cases in this domain from around the world. Volatility of … exchange rate on international trade is debated on Romania’s example using econometric methods. The volatility of exchange rate …

Connection between interest rate and foreign exchange is important because of the economic volatility of the two … aims to establish a series of characteristics regarding the impact of interest rate in exchange rate volatility. This kind …