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Measures of economic uncertainty are countercyclical, but economic theory does not provide definite guidance on the …
Persistent link: https://www.econbiz.de/10012920871
Measures of economic uncertainty are countercyclical, but economic theory does not provide definite guidance on the …
Persistent link: https://www.econbiz.de/10012927877
factor shocks: increased parameter heterogeneity reduces shock sensitivity. Allowing for regional parameter heterogeneity … heterogeneity. The regional model also exhibits less shock sensitivity …
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Measures of economic uncertainty are countercyclical, but economic theory does not provide definite guidance on the …
Persistent link: https://www.econbiz.de/10012453389
sectors, and on labour productivity and employment in the United States. Moreover, in contrast to most cross-country results …
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