While there were a couple of days of gains after several days of losses, we shouldn't assume that the stock market's excess volatility is over.

Finance ministers have said that exchange rates should reflect economic fundamentals and that excess volatility is undesirable.

"We have declared war on excess volatility."

The measures outlined by Mr. Brady are intended to combat excess volatility and improve enforcement in the securities markets.

It has long been recognized that financial markets seem to exhibit excess volatility.

The models have had some success in explaining the excess volatility of stock returns compared to fundamentals and the negative skewness of equity returns.

I should underline the strong view of the international community that excess volatility and disorderly movements in exchange rates have adverse implications for economic and financial stability.

We also agreed to refrain from comparing the evaluations and to be vigilant against excess volatility and disorderly movements in exchange rates.

The two countries pledge to cooperate on efforts to ensure the smooth functioning of global energy markets and to avoid excess volatility in global commodity prices.

The sunspot equilibrium framework supplies a basis for rational expectations modeling of excess volatility (volatility resulting from sources other than randomness in the economic fundamentals).