Structural Shocks and Uncertainty Shocks
News and uncertainty shocks
... news shocks are positively correlated with all five fi- nancial uncertainty shocks considered but negatively correlated with some specific measures of macroeconomic uncertainty ...financial ...
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Global uncertainty and the global economy: decomposing the impact of uncertainty shocks
... to shocks to the monetary policy of interest ...the uncertainty. The uncertainty variable ordered last captures the fact that the uncertainty is a stock market based variable and responds ...
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The impact of trade policy uncertainty shocks on the Euro Area
... policy uncertainty raised discussions amongst ...policy uncertainty shocks by estimating a number of structural shocks, which are identified with a minimum set of sign restrictions in a ...
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Structural oil price shocks and policy uncertainty
... these structural oil shocks provides information on how the structural oil price shocks have contributed to economic policy uncertainty over ...supply shocks to economic policy ...
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The Impact of Uncertainty Shocks
... ABSTRACT Uncertainty appears to jump up after major shocks like the Cuban Missile crisis, the assassination of JFK, the OPEC I oil-price shock and the 9/11 terrorist ...a structural framework to ...
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Uncertainty and the Pandemic Shocks
... above-mentioned structural differences are not due to a lack of financial wealth held by the EMU’s households with respect to the US’ ...the structural differences in the functioning of US and EMU financial ...
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Financial regimes and uncertainty shocks
... of uncertainty shocks in the US has changed over time in connection with the state of the …nancial ...are structural in nature, the liquidity of …nancial markets and the availability of external ...
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Measuring the Cycle and Structural Shocks
... to uncertainty and to avoid important fiscal decisions being driven by arbitrary forecasting ...of uncertainty, and it is enforceable if the underlying analysis of the risks is done by an independent ...
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The industrial impact of economic uncertainty shocks in Australia
... of uncertainty and (consumer) ...for structural changes in the Australian economy, firstly to capture the adjustment of the RBA to inflation-targeting, and secondly to account for the volatility of the ...
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Oil shocks, policy uncertainty and stock market return
... Oil shocks and economic policy uncertainty are interrelated and influence real stock ...price shocks and economic policy uncertainty influence stock prices through affecting expected cash ...
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Uncertainty, shocks and rural livelihoods
... For Building Stronger Universities in Developing Countries (BSU): Growth and Employment (GEP) Page | 8 Annex B: LFA for the project on Agricultural Value Chain.. DESCRIPTION INDICATO[r] ...
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Uncertainty shocks: it's a matter of habit
... the uncertainty shocks induce a more than proportional fall in the main macroeconomic ...an uncertainty shock hitting the economy during a recessionary regime raises precautionary sav- ings more than ...
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Uncertainty shocks: it's a matter of habit
... Uncertainty shocks: it’s a matter of habit. Bonciani, Dario[r] ...
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On the different approaches of measuring uncertainty shocks
... reflects uncertainty and innovations to the conditional variance mirror uncertainty shocks in a ...whether uncertainty shocks have an effect on profit growth or stock returns and ...
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Measuring the Response of Macroeconomic Uncertainty to Shocks
... proxy uncertainty (Cuikirman and Wachtel 1979, Hayford 2000, inter ...macroeconomic uncertainty by jointly modeling the conditional variance-covariance process underlying real economic activity and ...of ...
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Essays in Macroeconomics with Frictions and Uncertainty Shocks
... Finally, Basu and Bundick (2011) [2] argues that BFJ (2010), GSZ (2010), and Gou- rio (2010) are limited in getting desired co-movement among variables. For example, Gourio (2010) has increase in consumption at the ...
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The Impact of Uncertainty Shocks in Emerging Economies
... A number of candidate explanations are available to account for the heterogeneity in responses we observe across countries, which lead to very different policy prescriptions in the face of uncertainty ...
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Identification of Technology Shocks in Structural VARs
... In light of the above quantitative findings, we propose a simple alternative method to con- sistently estimate technology shocks and their short–run effects on aggregate variables. As an illustration and a ...
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Three essays on uncertainty: real and financial effects of uncertainty shocks
... on uncertainty variables are positive, suggesting procyclicality of global un- certainty shock to gross capital ...geopolitical uncertainty is also significant and ...geopolitical uncertainty is ...
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Uncertainty shocks in a model of effective demand : comment
... demand shocks driven by changes in intertemporal preferences have become commonplace in macroeconomists’ ...Intertemporal uncertainty shocks in combination with recursive preferences are much less ...
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