Does uncertainty affect real activity? Evidence from state-level data
Sign Up to like & getrecommendations! Published in 2018 at "Economics Letters"
DOI: 10.1016/j.econlet.2018.03.026
Abstract: We use variation in the effect of US-wide or global uncertainty on state-level uncertainty to identify the impact of this shock on real activity. We nd that increases in uncertainty do have an adverse impact… read more here.
Keywords: state level; real activity; uncertainty;
Do loan subsidies boost the real activity of small firms?
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DOI: 10.1016/j.jbankfin.2020.105988
Abstract: Abstract We investigate the effects of subsidized loans on the real activity of small firms. Despite the lack of theoretical consensus, subsidized loans have been considered or used in many countries after the global financial… read more here.
Keywords: subsidized loans; loan; real activity; small firms ... See more keywords