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This paper explores how changes in macroeconomic uncertainty have affected the decision to reply to the European … Central Bank’s Survey of Professional Forecasters (ECB’s SPF). The results suggest that higher (lower) aggregate uncertainty … more individual uncertainty seem to have a lower likelihood of replying to the survey. Consequently, measures of …
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events that are each somewhat unique cause unforeseeable change and Knightian uncertainty in the process driving outcomes …
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Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960–2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10009731387
Wir setzen uns in diesem Beitrag mit einigen kritischen Kommentaren von Hans-Werner Sinn, Peter Bofinger und Eckhard Hein auseinander, die diese zu unserem Buch "Sparen und Investieren im 21. Jahrhundert - Die große Divergenz" im Augustheft 2020 des Wirtschaftsdienst abgegeben haben. Wir...
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This study investigates the short- and long-term effects of various sources of uncertainty on the share prices of key … other relevant approaches to time series. Economic policy, climate policy, pandemics, and Twitter-based uncertainty may … China, geopolitical, climatic, and pandemic uncertainty are short-term sources of uncertainty, and in India, economic policy …
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