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Arbatli, Elif C. - 2017

Japan's macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our …

Persistent link: https://www.econbiz.de/10012955957

Measuring Economic Policy Uncertainty

Baker, Scott R. - 2016

find that policy uncertainty raises stock price volatility and reduces investment and employment in policy … foreshadow declines in investment, output, and employment in the United States and, in a panel VAR setting, for 12 major …

Persistent link: https://www.econbiz.de/10013003270

Interpreting the Great Moderation : Changes in the Volatility of Economic Activity at the Macro and Micro Levels

Davis, Steven J. - 2008

We review evidence on the Great Moderation in conjunction with evidence about volatility trends at the micro level. We combine the two types of evidence to develop a tentative story for important components of the aggregate volatility decline and its consequences. The key ingredients are...

Persistent link: https://www.econbiz.de/10012771783