Showing 1 - 10 of 1,264
This paper examines the impact of economic uncertainty shocks on the populist voting behavior in the panel dataset of …, right-wing populism, and left-wing populism votes as well as a new indicator of economic uncertainty, so-called, the "World … Uncertainty Index (WUI)." Using the fixed-effects, bias-corrected least-squares dummy variable (LSDVC), and Instrumental Variables …
Persistent link: https://www.econbiz.de/10012263395
In a model with ex-ante homogenous households, earnings risk and a general earnings function, we derive the optimal … (overinvestment) in education due to risk. Education policy unambiguously allows for more social insurance if education is a risky … activity. However, if education hedges against labor market risk, optimal tax rates could be lower than without education …
Persistent link: https://www.econbiz.de/10003806742
populated by a large number of long-lived, risk-averse households with homothetic preferences who can invest in risk … households less than half of human capital risk is insured and the welfare losses due to the lack of insurance range from 3 …
Persistent link: https://www.econbiz.de/10011500171
Using data from the World Uncertainty, World Trade Uncertainty, and World Pandemic Uncertainty indices for 142 … countries, this paper introduces three new indicators for measuring uncertainty in Turkey's export markets from the first … quarter of 1996 to the first quarter of 2020. The indicators measure uncertainty in Turkey's export destinations. After …
Persistent link: https://www.econbiz.de/10012240442
We estimate a nonlinear VAR to quantify the impact of economic policy uncertainty shocks originating in the US on the … in Canada is shown to react to uncertainty shocks in economic busts only. Such shocks explain about 13% of the variance … booms. Counterfactual simulations lead to the identification of a novel "economic policy uncertainty spillovers channel …
Persistent link: https://www.econbiz.de/10011862894
increase in economic policy uncertainty on unemployment in recessions and expansions. We find the response of unemployment to …
Persistent link: https://www.econbiz.de/10011864417
We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR …
Persistent link: https://www.econbiz.de/10012195928
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index …
Persistent link: https://www.econbiz.de/10012219127
This paper examines the asymmetric impact of economic policy uncertainty (EPU) and oil price uncertainty (OPU) on …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …, monetary policy uncertainty, greater transparency and more timely communications from monetary authorities to the public would …
Persistent link: https://www.econbiz.de/10013543029
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a …
Persistent link: https://www.econbiz.de/10013503360