Research Discussion Paper – RDP 9513 Financial Market Volatility and the World-wide Fall in Inflation

Contents

• Introduction
• Financial Market Volatility – Some Facts
• What Can Economists Say About Financial Market Volatility?
• Appendix: Data
• References

Paper prepared for the Bank for International Settlements Central Bank Economists' Meeting, 20th-21st November 1995. I am grateful to Troy Swann for excellent research assistance and to Jacqui Dwyer, Malcolm Edey, Ian Macfarlane, Bill Russell and Jenny Wilkinson for helpful comments. The views expressed are those of the author and should not be attributed to the Reserve Bank of Australia.