estimated or calibrated for alternative identification approaches. These differences also translate into uncertainty about the …

emerging economies. This paper argues that uncertainty about future monetary policy is a separate transmission channel. We … focus on the taper tantrum episode in 2013, a period with an elevated uncertainty about monetary policy, and use a data set … index about monetary policy uncertainty using a list of uncertainty keywords. An advantage of this index is that it reflects …

"Leverage Effect" in the returns of BIST-100 index. Therefore, one can say that political uncertainty is still a problem for the …

The current paper broadens the understanding for the role of uncertainty in the context of a macroeconomic environment …. It focuses on the implications of uncertainty shocks on indicators that tend to precede financial crises. In an empirical … analysis we show for a set of four euro area countries that negative uncertainty shocks, while accompanied by favorable effects …

The current paper broadens the understanding of the role played by uncertainty in the context of macroeconomic … fluctuations. It focuses on the implications of uncertainty shocks for indicators that tend to precede financial crises. In an … empirical analysis we show for a set of four euro area countries that negative uncertainty shocks, while boosting economic …