Bui, Dien Giau; Hasan, Iftekhar; Lin, Chih-Yung; Vaike, … - 2023
Pástor and Veronesi (2012) develop a general equilibrium model to examine the relation between policy uncertainty and asset prices. Extending to their study, we develop a novel measure of firms’ uncertainty about the change in bilateral trade flows between each country and the US. We...