Macroeconomic volatility and stock market volatility, worldwide

Front Cover
National Bureau of Economic Research, 2008 - Business & Economics - 13 pages
0 Reviews
Notwithstanding its impressive contributions to empirical financial economics, there remains a significant gap in the volatility literature, namely its relative neglect of the connection between macroeconomic fundamentals and asset return volatility. We progress by analyzing a broad international cross section of stock markets covering approximately forty countries. We find a clear link between macroeconomic fundamentals and stock market volatilities, with volatile fundamentals translating into volatile stock markets.

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Section 1
1
Section 2
3
Section 3
5
Copyright

5 other sections not shown

Common terms and phrases

Bibliographic information