Showing 1 - 10 of 14,110
Persistent link: https://www.econbiz.de/10012802106
Persistent link: https://www.econbiz.de/10008664857
Persistent link: https://www.econbiz.de/10003905355
We present a novel finding that high macroeconomic uncertainty is associated with greater accumulation of physical capital, despite a contemporaneous reduction in investment. To reconcile this evidence, we show that high uncertainty predicts a persistent decrease in the utilization and...
Persistent link: https://www.econbiz.de/10013307469
This paper provides evidence that domestic opportunities to share risk have contributed to slower growth. We first … provide a simple model economy that demonstrates how a country's ability to diversify risk is linked to its growth rate. In … domestic opportunities to diversify risk and growth. We employ two econometric procedures: (1) traditional instrumental …
Persistent link: https://www.econbiz.de/10014069642
growth model to explore the conditions under which an economy is sustainable, considering different types of risk. In general … equilibrium, sustainability boils down to supply-side factors, with increased growth, decreased consumption risk, and greater …, catastrophic risk management, investments in clean and dirty technologies, and the importance of risk-sharing assets …
Persistent link: https://www.econbiz.de/10014255987
Persistent link: https://www.econbiz.de/10012692464
-Network CoVaR. Our methodology to assess Growth-at-Risk is composed by two building blocks. First, we apply the network-based NETS …
Persistent link: https://www.econbiz.de/10012916959
Persistent link: https://www.econbiz.de/10012618211
Persistent link: https://www.econbiz.de/10012547009