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We examine several measures of uncertainty to make five points. First, equity market traders and executives at nonfinancial firms have shared similar assessments about one-year-ahead uncertainty since the pandemic struck. Both the one-year VIX and our survey-based measure of firm-level...
Persistent link: https://www.econbiz.de/10013191053
associated with about a 6% reduction in investment. Second, uncertainty is also negatively related to employment growth and …
Persistent link: https://www.econbiz.de/10013462702