Stock Volatility During the Recent Financial Crisis

G. William Schwert

NBER Working Paper No. 16976
Issued in April 2011

---- Acknowledgements -----

The opinions are those of the author, not the University of Rochester or the National Bureau of Economic Research. This paper is based on material that was presented as the Keynote address at the European Financial Management Association meeting in June 2010. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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