Financial Volatility and Real Economic Activity

By Kevin James Daly

The issue of financial volatility, especially since financial deregulation, has given rise to concerns regarding the effects of increased financial volatility on real economic activity. Two issues represent a substantial challenge to financial economists with respect to these concerns. The first relates to the identification of the causes of increased volatility in financial markets. Identification is a first step towards increasing both financial economists' and policy-makers' understanding of the interrelated causes of financial volatility. The second requires linking the effects of increased financial volatility to the real sector of the economy by examining the channels through which financial volatility influences fundamental economic variables.

• Format: Hardcover
• Language: English
• ISBN: 184014873X
• ISBN13: 9781840148732
• Release Date: January 1999
• Publisher: Ashgate Pub Ltd
• Length: 145 Pages
• Weight: 0.75 lbs.
• Dimensions: 9.0" x 0.8" x 6.3"