emerging economies. This paper argues that uncertainty about future monetary policy is a separate transmission channel. We … focus on the taper tantrum episode in 2013, a period with an elevated uncertainty about monetary policy, and use a data set … index about monetary policy uncertainty using a list of uncertainty keywords. An advantage of this index is that it reflects …

Purpose: Existing research on uncertainty and bank lending has focused entirely on aggregate uncertainty (i ….e., economic policy uncertainty) and its subcomponents, but not considering other uncertainty measures from the specif …-ic perspective of financial markets, especially the banking sector. The paper tests the influence of uncertainty on loan growth using …

resilience as indicated by its high-risk exposure and vulnerability. The objective of this paper is to point to policymakers the …. Policymakers should be aware and conversant about risk analysis, risk management, and what policies can best respond to exogenous …