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Asymmetric volatility |
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Asymmetric volatilityPhenomenon that volatility is higher in down markets than in up markets.Asymmetric volatility Similar MatchesAsymmetric informationAsymmetric informationThe failure of two parties to a transaction to have the same relevant information. Examples are buyers who know less about product quality than sellers, and lenders who know less about likely default than borrowers. Both are common in international markets. Asymmetric informationAsymmetric informationInformation that is known to some people but not to other people. Asymmetric shockAsymmetric shockAn exogenous change in macroeconomic conditions affecting differently the different parts of a country, or different countries of a region. Often mentioned as a source of difficulty for countries sharing a common currency, such as the Euro Zone. Asymmetric taxesAsymmetric taxesWhen participants in a transaction have different net tax rates. |
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