We investigate the impact of exogenous income fluctuations on health using twenty years of data from the Panel Study of … Income Dynamics using techniques from the literature on the estimation of dynamic panel data models. Contrary to much of the … previous literature on health and socio-economic status, we find that, on average, adverse income shocks lead to a …

assess the effects of an uncertainty shock in the Euro area. This allows us to treat macroeconomic uncertainty as a latent … quantity during estimation. Only a limited number of contributions to the literature estimate uncertainty and its macroeconomic … consequences jointly, and most are based on single country models. We analyze the special case of a shock restricted to the Euro …

the real economy, I find that the asset purchase shock has significant effects on consumer and professional expectations …