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uncertainty, much of which concerns the nation's fiscal policy. Intuition suggests that increased policy uncertainty likely has … of shocks due to policy uncertainty. This study uses industry data to explore whether policy uncertainty indeed affects … that can ultimately be attributed to federal government expenditures. The estimation results reveal that policy uncertainty …
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uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households …, while accounting for the level of transfers from family abroad. We find that both the level and the uncertainty of … income hypothesis and theories of precautionary saving, a one standard deviation increase in the uncertainty of remittance …
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— change when investor demand for information is likely to be especially high, i.e., during periods of high uncertainty …. Findings reveal that when uncertainty is high, analysts' forecasts are more timely but less accurate. However, analysts … findings resulting from uncertainty in general rather than just uncertainty associated with market declines. We also examine …
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We study the development of bank lending in the U.S. after four large jumps in uncertainty using an event study … uncertainty. Lending by smaller banks is also less responsive to increases in uncertainty. Banks with a higher capitalization …-bank holding company. This heterogeneity across banks suggests that declines in bank lending following increases in uncertainty are …
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