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Uncertainty, Wages, and the Business Cycle
Cacciatore, Matteo; Ravenna, Federico - 2022
constraint enhances the concavity of firms' hiring rule, generating an endogenous profit-risk premium. In turn, uncertainty … shocks increase the profit-risk premium when the economy operates close to the wage constraint. This implies that higher …
Persistent link: https://www.econbiz.de/10013288991
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Uncertainty, Wages, and the Business Cycle
Cacciatore, Matteo - 2020
constraint enhances the concavity of firms' hiring rule, generating an endogenous profit-risk premium. In turn, uncertainty … shocks increase the profit-risk premium when the economy operates close to the wage constraint. This implies that higher …
Persistent link: https://www.econbiz.de/10012482171
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Uncertainty, wages, and the business cycle
Cacciatore, Matteo; Ravenna, Federico - 2020
Persistent link: https://www.econbiz.de/10012316164
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Uncertainty, wages, and the business cycle
Ravenna, Federico; Cacciatore, Matteo - 2020
Persistent link: https://www.econbiz.de/10012216530
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Uncertainty and economic activity : a global perspective
Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Rebucci, … - 2014
The 2007-2008 global financial crisis and the subsequent anemic recovery have rekindled academic interest in quantifying the impact of uncertainty on macroeconomic dynamics. This paper studies the interrelation between financial markets volatility and economic activity assuming that both...
Persistent link: https://www.econbiz.de/10011286232
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Uncertainty and economic activity : a global perspective
Pesaran, M. Hashem; Cesa-Bianchi, Ambrogio; Rebucci, … - 2014
Persistent link: https://www.econbiz.de/10010356264
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Uncertainty and economic activity : a global perspective
Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Rebucci, … - 2014
The 2007-2008 global financial crisis and the subsequent anemic recovery have rekindled academic interest in quantifying the impact of uncertainty on macroeconomic dynamics based on the premise that uncertainty causes economic activity to slow down and contract. In this paper, we study the...
Persistent link: https://www.econbiz.de/10010338658
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Uncertainty matters : evidence from a high-frequency identification strategy
Alessandri, Piergiorgio; Gazzani, Andrea; Vicondoa, … - 2020
Persistent link: https://www.econbiz.de/10012301136
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Effects of fiscal policy uncertainty on Turkish economy
Kasal, Suleyman; Tosunoglu, Sebnem - In: Prague economic papers : a bimonthly journal of … 31 (2022) 6, pp. 538-566
Persistent link: https://www.econbiz.de/10013499342
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Risk news shocks and the business cycle
Pinter, Gabor; Theodoridis, Konstantinos; Yates, Anthony - 2013
Persistent link: https://www.econbiz.de/10010357110