Showing 1 - 10 of 47
changes in the interest rate on macroeconomic investment under the scenarios of certainty and uncertainty. We capture the … macroeconomic investment in times of low or even zero interest rates and high uncertainty. Only if the central bank implements …
Persistent link: https://www.econbiz.de/10011994756
are widened by uncertainty. Our econometric model for six euro area countries suggests domestic demand and capacity … regression model and find that domestic demand developments and uncertainty are relevant for short-run export dynamics … empirical results are robust to the inclusion of a variable measuring European policy uncertainty. In some cases (Italy, Greece …
Persistent link: https://www.econbiz.de/10011718600
We investigate whether the macroeconomic effects of government spending shocks vary with the level of uncertainty … effects in tranquil times but is contractionary during uncertain times. The endogenous reaction of macroeconomic uncertainty … other types of government spending, research and development expenditures reduce uncertainty and have an expansionary effect …
Persistent link: https://www.econbiz.de/10012268062
We investigate whether the macroeconomic effects of government spending shocks vary with the level of uncertainty … effects in tranquil times but is contractionary during uncertain times. The endogenous reaction of macroeconomic uncertainty … spending, research and development expenditures reduce uncertainty and have an expansionary effect on output during uncertain …
Persistent link: https://www.econbiz.de/10012116248
the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the … of a central bank’s interest rate policy, e.g. in times of low or even zero interest rates and high uncertainty, in terms …
Persistent link: https://www.econbiz.de/10012151228
the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the … of a central bank's interest rate policy, e.g. in times of low or even zero interest rates and high uncertainty, in terms …
Persistent link: https://www.econbiz.de/10012031139
the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the … of a central bank's interest rate policy, e.g. in times of low or even zero interest rates and high uncertainty, in terms …
Persistent link: https://www.econbiz.de/10012099522
Persistent link: https://www.econbiz.de/10012803289
Persistent link: https://www.econbiz.de/10012059409
This study assesses the impact of the uncertainty caused by Brexit, on both the UK and international financial markets … financial markets are by nature highly interlinked, one might expect that the uncertainty engendered by Brexit also has an … (2008) method to estimate the time-varying interactions between UK policy uncertainty, which to a large extent is attributed …
Persistent link: https://www.econbiz.de/10011570794