Budget uncertainty in a monetary union
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DOI: 10.1016/j.ejpoleco.2020.101884
Abstract: Abstract Governments in a monetary union fear spending disturbances. We distinguish them according to their ability to hedge against these disturbances and assume that they derive their optimal fiscal decisions by using a robust control… read more here.
Keywords: uncertainty monetary; budget uncertainty; spending disturbances; monetary union ... See more keywords
Monetary policy uncertainty
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DOI: 10.1016/j.jmoneco.2019.07.009
Abstract: We construct new measures of uncertainty about Federal Reserve policy actions and their consequences - monetary policy uncertainty (MPU) indexes. We show that, under a variety of VAR identification schemes, positive shocks to uncertainty about… read more here.
Keywords: policy; uncertainty monetary; uncertainty; monetary policy ... See more keywords
ECONOMIC UNCERTAINTY, MONETARY UNCERTAINTY, AND THE DEMAND FOR MONEY IN AFRICA: AN ASYMMETRY ANALYSIS
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DOI: 10.1142/s2194565920500074
Abstract: Economic uncertainty and monetary uncertainty are two uncertainty measures that are said to affect the demand for money in any country and our region of interest, Africa, is no exception. In this p... read more here.
Keywords: uncertainty monetary; monetary uncertainty; uncertainty; demand money ... See more keywords