, macroeconomic imbalance, economic growth, economic integration, financial risk, volatility and trade effects. The main aims of this … Volatility Spillover In Time Of Crisis: Evidence From A Smooth Transition Regression Application -- 5. Bank Lending … among financial markets. Moreover, the Brexit and US-China trade tension has intensified uncertainty and the economic …

and supervisory arrangements adequate when market volatility increases and financial institutions come under stress? In …

market volatility. While rating agencies are part and parcel of today's financial markets, the study succeeds in tracing some … volatility levels of yield spreads and stock market returns. Third, these findings imply that the sovereign rating industry has … are unlikely to add to the Harberger externality, even though they tend to reduce volatility in both bond and stock …