Fifty years of UK asset price volatility

Nicola Anderson and Francis Breedon

Journal of Risk

Abstract: ABSTRACT This paper analyzes the volatility of UK equity, bond, and treasury bill returns, and the dollar/sterling exchange rate since 1945. It is found that the volatility of all these assets is on a declining trend after peaking in the late 1970s. It seems that greater macro-economic stability is the most likely cause of the current declining trend. Volatility is, however, still significantly higher than in the Bretton Woods era.

References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.risk.net/journal-risk/2161104/fifty-years-uk-asset-price-volatility (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rsk:journ4:2161104

Access Statistics for this article

More articles in Journal of Risk from Journal of Risk
Bibliographic data for series maintained by Thomas Paine ().