Are uncertainty shocks aggregate demand shocks
Sign Up to like & getrecommendations! Published in 2018 at "Economics Letters"
DOI: 10.1016/j.econlet.2018.03.029
Abstract: This note considers the Leduc and Liu (JME, 2016) model and studies the effects of their uncertainty shock under different Taylor-type rules. It shows that both the responses of real and nominal variables highly depend… read more here.
Keywords: aggregate demand; uncertainty; demand shocks; shocks aggregate ... See more keywords
Impact of economic policy uncertainty shocks on China's financial conditions
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DOI: 10.1016/j.frl.2019.101303
Abstract: Abstract This study explores the effect of global economic policy uncertainty (EPU) shocks on China's financial conditions index (CFCI) and analyzes the sources of uncertainty shocks. The results of the spillover index showed that the… read more here.
Keywords: china financial; uncertainty; economic policy; shocks china ... See more keywords
Impact of global uncertainty on the global economy and large developed and developing economies
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DOI: 10.1080/00036846.2019.1690629
Abstract: ABSTRACT Global uncertainty shocks are associated with a sharp decline in global inflation, growth and interest rate. Global uncertainty shocks have more protracted, statistically significant and substantial effects on global growth, inflation and interest rate… read more here.
Keywords: uncertainty; impact global; uncertainty global; global uncertainty ... See more keywords
The State‐Level Impact of Uncertainty Shocks
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DOI: 10.1111/jmcb.12509
Abstract: This paper uses a FAVAR model with stochastic volatility to estimate the impact of uncertainty shocks on real income growth in US states. The results suggest that there is a large degree of heterogeneity in… read more here.
Keywords: state level; uncertainty shocks; uncertainty; impact uncertainty ... See more keywords