<> "The repository administrator has not yet configured an RDF license."^^ . <> . . "‘Déjà vol’ revisited:\r\nSurvey forecasts of macroeconomic variables predict\r\nvolatility in the cross-section of industry portfolios"^^ . "We investigate the question of whether macroeconomic variables contain information about future stock volatility beyond that contained in past volatility. We show that forecasts of GDP growth from the Federal Reserve's Survey of Professional Forecasters predict volatility in a cross-section of 49 industry portfolios. The expectation of higher growth rates is associated with lower stock volatility. Our results are in line with both counter-cyclical volatility in dividend news as well as in expected returns. Inflation forecasts predict higher or lower stock volatility depending on the state of the economy and the stance of monetary policy. Forecasts of higher unemployment rates are good news for stocks during expansions and go along with lower stock volatility. Our results hold in- as well as out-of-sample and pass various robustness checks."^^ . "2018-09" . . . "0655" . . . . . . . . "Christian"^^ . "Conrad"^^ . "Christian Conrad"^^ . . "Alexander"^^ . "Glas"^^ . "Alexander Glas"^^ . . . . . . "‘Déjà vol’ revisited:\r\nSurvey forecasts of macroeconomic variables predict\r\nvolatility in the cross-section of industry portfolios (PDF)"^^ . . . "Conrad and Glas_2018_dp0655.pdf"^^ . . . "‘Déjà vol’ revisited:\r\nSurvey forecasts of macroeconomic variables predict\r\nvolatility in the cross-section of industry portfolios (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "‘Déjà vol’ revisited:\r\nSurvey forecasts of macroeconomic variables predict\r\nvolatility in the cross-section of industry portfolios (Other)"^^ . . . . . . "preview.jpg"^^ . . . "‘Déjà vol’ revisited:\r\nSurvey forecasts of macroeconomic variables predict\r\nvolatility in the cross-section of industry portfolios (Other)"^^ . . . . . . "medium.jpg"^^ . . . "‘Déjà vol’ revisited:\r\nSurvey forecasts of macroeconomic variables predict\r\nvolatility in the cross-section of industry portfolios (Other)"^^ . . . . . . "small.jpg"^^ . . . "‘Déjà vol’ revisited:\r\nSurvey forecasts of macroeconomic variables predict\r\nvolatility in the cross-section of industry portfolios (Other)"^^ . . . . . . "indexcodes.txt"^^ . . "HTML Summary of #25357 \n\n‘Déjà vol’ revisited: \nSurvey forecasts of macroeconomic variables predict \nvolatility in the cross-section of industry portfolios\n\n" . "text/html" . . . "330 Wirtschaft"@de . "330 Economics"@en . .