Institutions and the Volatility Curse

Institutions, Volatility and Investment

Countries with strong executive constraints have lower growth volatility but similar average growth to those with weak constraints. This paper argues that this may explain a strong reduced-form correlation between executive constraints and in‡ows of foreign investment. It uses a a novel dataset of Dutch sectorlevel investments between 1983 and 2012 to explore this issue. It formulates an econom...

International Institutions and the Volatility of International Trade

During the past half-century, states have established a large number of international trade institutions, both multilateral and regional in scope. The existing literature emphasizes that these agreements are chiefly designed to liberalize and increase the flow of overseas commerce. Yet such institutions have another function that has been largely ignored by researchers, namely, reducing volatil...

Output Volatility in Latin America: Economic Resilience and the Role of Institutions

گزارش یک موردOndines curse

ABSTRACT Pulmonary hypertension is one of the causes of cyanosis in children. Pulmonary hypertention may be primary or secondary. Etiology of secondery PH are variable and one of them is pulmonary ventilation abnormality. One of the rare causes of secondary PH is congenital central hypoventilation syndrome or ondines curse. The patient was 6 years old boy presented with easy fati...

Exchange rate volatility and its effect on stock market volatility

This paper investigates empirically the effect of volatility of the exchange rate of the U.S. dollar vis-à-vis the euro on U.S. stock market volatility while controlling for a number of drivers of stock return volatility. Using a GARCH(1, 1) model and using weekly data covering the period from the week of January 1, 1999 through the week of January 25, 2010, it is found that the 9/11 terrorist ...