Results 11 to 20 of about 5,540,095 (309)
Uncertainty about Trade Policy Uncertainty [PDF]
SSRN Electronic Journal, 2020 We revisit in this note the macroeconomic impact of the recent rise in trade policy uncertainty. As in the literature, we do find that high trade policy uncertainty can adversely impact domestic and foreign economic activity. In addition, we identify an alternative business sentiment channel that is separate and distinct from the impact of trade policy
Benigno, Gianluca, Groen, Jan J. J.
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Policy Uncertainty and Customer Concentration [PDF]
SSRN Electronic Journal, 2020 Using data involving customer–supplier relationships and a large sample of US publicly listed firms, our study documents a negative and statistically significant relationship between economic policy uncertainty and firms’ customer‐base concentration. The negative relation is predominant in firms with higher inventory efficiency and those operating in ...
Woon Sau Leung, Jiong Sun
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Monetary Policy Uncertainty [PDF]
International Finance Discussion Papers, 2017 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 monetary policy robustly raise credit spreads and reduce output.
Lucas Husted, John Rogers, Bo Sun
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Policy Uncertainty and Inventor Mobility
SSRN Electronic Journal, 2022 We follow the migration patterns of European inventors and find evidence of a novel emigration determinant: policy uncertainty. We find that policy uncertainty raises the rate of inventor emigration by a notable magnitude. With a one standard deviation in the policy uncertainty of the home country, relative to the possible destination countries, the ...
Bisset, Jordan +2 more
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Policy Uncertainty and Household Savings [PDF]
Review of Economics and Statistics, 2012 Using German microdata and a quasi-natural experiment, we provide evidence on how households respond to an increase in uncertainty. We find that household saving increases significantly following the increase in political uncertainty observed in the run-up to the 1998 German general election.
GIAVAZZI, FRANCESCO, M. McMahon
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Uncertainty and UK Monetary Policy [PDF]
, 2004 This paper provides empirical evidence on the response of monetary policymakers to uncertainty. Using data for the UK since the introduction of inflation targets in October 1992, we find that the impact of inflation on interest rates is lower when ...
Milas, C, Martin, C
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Policy uncertainty and aggregate fluctuations [PDF]
Journal of Applied Econometrics, 2018 SummaryThis paper estimates the impact on the US economy of four types of uncertainty about (i) government spending, (ii) tax changes, (iii) public debt, and (iv) monetary policy. Uncertainty about government debt has a large and persistent effect on output, consumption, investment, consumer confidence, and business confidence.
Mumtaz, H, Surico, P
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Global Policy Uncertainty and Cross-Border Acquisitions [PDF]
, 2021 Policy uncertainty has been documented to have a significant impact on corporate investment decisions. This paper investigates the effect of policy uncertainty on cross-border acquisitions. We find a significant monotonic relationship between the size of
Puwanenthiren, P. +9 more
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Frontiers in Environmental Science, 2022 Technological innovation is the core factor for enterprises to maintain competitiveness. This paper aims to investigate how policy uncertainty affect enterprises’ innovation.
Yan Zhang +3 more
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Policy Uncertainty, Persistence and Growth* [PDF]
Review of International Economics, 1993 AbstractThis paper explores links between policy uncertainty and growth. Using an endogenous growth model in which domestic investment is characterized by irreversibilities and policy fluctuates between a high‐ and a low‐tax regime, it shows that the magnitude of policy fluctuation and the persistence of policy jointly determine the pattern of ...
Joshua Aizenman, Nancy Marion
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