productivity growth. Next, we build a theoretical model which combines open economy framework with the endogenous growth theory. In …

and measure the source of the shock, impact variables and duration of impact. Our approach brings light not only to …

assess the effects of an uncertainty shock in the Euro area. This allows us to treat macroeconomic uncertainty as a latent … consequences jointly, and most are based on single country models. We analyze the special case of a shock restricted to the Euro … for all countries over a period of roughly a year following an uncertainty shock. Moreover, equity prices, short …