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Decision-makers are confronted with decisions under uncertainty. Financial uncertainty may adversely affect growth …. Theoretically, forecasts may potentially reduce uncertainty and create economic value. Focusing on survey predictions, this …
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development of bank lending in the U.S. after four large jumps in uncertainty using an event study approach. We find that more … liquid banks slow down lending less after a surge in uncertainty. Lending by smaller banks is also less responsive to … increases in uncertainty, which points to an increased importance of bank-customer relationships. The heterogeneity across banks …
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