Macroeconomic Volatility
Macroeconomic Volatility under Alternative Exchange Rate Regimes in Turkey
... the volatility models of real exchange rate, inflation and reserves, implying that these volatilities are influenced by random shocks for ...reserve volatility are more ...these volatility series are ...
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Capital mobility and macroeconomic volatility: evidence from Greece
... on macroeconomic volatility in ...reduce macroeconomic volatility. The link between macroeconomic volatility and capital account openness in the Greek economy is investigated by ...
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Managing East Asia's macroeconomic volatility
... growth volatility negatively affects in the short term poor households adopting detrimental coping strategies, and, in the medium term, economic ...growth volatility reduces people’s welfare through its ...
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Macroeconomic Volatility and Terms of Trade Shocks
... trade volatility on macroeconomic volatility using a panel of 71 countries from ...trade volatility has a statistically significant and positive impact on the volatility of output ...
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Macroeconomic Volatility, Private Investment, Growth, and Poverty in Nigeria
... of volatility is provided by Acemoglu and Zilibotti (1997), who suggest that there is a virtuous circle whereby risk is reduced by wealth and portfolio diversification while the investment needed for ...
16
How Does Volatility of Characteristics-sorted Portfolios Respond to Macroeconomic Volatility?
... way, volatility of the BVH, BVL, SVH and SVL portfolios are more likely to negatively related to the CPIVOL while volatility of the BGH and SGH portfolios are more likely to positively ...inflation ...
16
The determinants of macroeconomic volatility: A Bayesian model averaging approach
... output volatility is important, especially for developing countries which exhibit significantly greater output volatility than devel- oped ...countries. Volatility in growth rates creates economic ...
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Financial Innovation, Macroeconomic Volatility and the Great Moderation
... the volatility of the major macroeconomic variables in the first sample period ...real macroeconomic volatility and they can easily account for the full increase in the volatility of ...
11
Financial innovation, macroeconomic volatility and the great moderation
... Financial innovation, macroeconomic volatility and the great moderation Zaghini, Andrea and Bencivelli, Lorenzo Banca d’Italia.[r] ...
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Dualism and macroeconomic volatility
... For example, we believe that our analysis in this paper and in subsequent work by Aghion, Bacchetta, and Banerjee [1998] may shed some light on the case of advanced market economies such as Finland, where financial ...
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Financial Globalization, Economic Growth, and Macroeconomic Volatility
... on macroeconomic volatility, the empirical literature is ...output volatility and scarcely on consumption and investment ...consumption volatility in industrial economies and “less financially ...
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Mandatory Spending, Political Polarization, and Macroeconomic Volatility
... the volatility caused by these politi- cal ...the volatility; increasing the fraction of discretionary spending has the opposite ...output volatility after the ...
26
Macroeconomic Volatility and Sovereign Asset-Liability Management
... the macroeconomic volatility ...a macroeconomic rather than an individual investor‘s perspective, the term ‗optimal consumption‘ connotes the Pareto efficient level of fiscal or government ...
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Financial Integration, Volatility of Financial Flows and Macroeconomic Volatility
... on macroeconomic volatility, still represents challenging area of economic ...and macroeconomic volatility, leads to different empirical ...the volatility of macroeconomic ...
27
Financial openness and macroeconomic volatility
... Consider the effects of financial openness on macroeconomic volatility in model RBC. As θ rises from 0 to 1, entrepreneurs finance their project investment using more foreign funds. Thus, the effects of ToT ...
31
Credit market and macroeconomic volatility
... In this paper I revisit the relationship between the degree of credit market development and business cycle volatility. I present some evidence concerning the fact that industri- alized countries with ...
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EMPIRICAL ANALYSIS OF STOCK MARKET VOLATILITY AND MACROECONOMIC VOLATILITY IN INDIA
... market volatility begins with introduction of autoregressive conditional heteroscedasticity (ARCH) and Generalised autoregressive conditional heteroscedasticity (GARCH) model by Engle (1982) and Bollerslev ...
29
Financial Integration and Macroeconomic Volatility: Does Financial Development Matter?
... greater macroeconomic volatility, exposing vulnerable countries to sudden reversals of capital flows (Kaminsky and Reinhart, ...higher macroeconomic volatility, either because they lack a ...
36
Labor market institutions and macroeconomic volatility in a panel of OECD countries
... Since independent central banks are more likely to put a larger weight on price sta- bility, we expect CBI to dampen inflation volatility. Moreover, several studies document empirically that the impact of ...
29
Financial Development, Fiscal Policy and Macroeconomic Volatility
... output volatility and lagged private credit in Table ...output volatility in the following ...output volatility suggesting that larger government debt in the pre- vious period is statistically ...
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