of data is an important source of uncertainty about the state of the economy. This paper evaluates the quality of major … growing data uncertainty over the past decade for Euro area variables. As a robustness check, we reckon our results using US … data and additionally show that uncertainty calculations are robust towards changes in final revision definition. Moreover …

of data is an increasingly important source of uncertainty about the state of the economy and offer an alternative … channel of uncertainty - data uncertainty. This paper adds on the uncertainty literature and focuses on data uncertainty …, which originates in the revision structure of data. We find that apart from the general and economic policy uncertainty, the …

This paper investigates the effects of uncertainty on the macro economy by replicating its micro effects on individual … the two scenarios through the empirical macroeconomic uncertainty index. The higher the macroeconomic uncertainty is, the … appropriate level of ambiguity aversion outperforms the benchmark model with no uncertainty in fitting the US output growth rate …

find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health conditions …

pricing model with a green-minus-brown (GMB) factor as a proxy. I estimate the relationship between risk factors and excess …-of-fit when flexibly estimating the relationship between risk factors and excess returns. I confirm previous studies finding that …

In this paper we investigate transmission and spillovers of local and foreign economic policy uncertainty shocks to … addition to local effects we find foreign uncertainty shocks influence the Euro area but not the US unemployment. Moreover we … document weaker spillovers of both local and foreign uncertainty shocks in the more volatile times. …

channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and …The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …

We investigate how a macroeconomic uncertainty shock affects the labor market. We focus on the uncertainty transmission … factors from such indicators into a framework that can simultaneously estimate historical macroeconomic uncertainty and its …

a large-scale FAVAR model for 18 OECD member countries. We quantify the global effects of economic policy uncertainty … and financial sector effects of uncertainty. In that respect, we compare the impacts of a US and a Euro area uncertainty … shock. According to our results, an increase in uncertainty has a strong negative impact on economic activity, consumer …

interactions between geopolitical risk (GPR) and renewable energy consumption growth (RECG). The identification strategy is …