. On the third question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is …Abstract: This review article tries to answer four questions: (i) what are the stylized facts about uncertainty over … time; (ii) why does uncertainty vary; (iii) do fluctuations in uncertainty matter; and (iv) did higher uncertainty worsen …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …This review article tries to answer four questions: (i) what are the stylized facts about uncertainty over time; (ii …) why does uncertainty vary; (iii) do fluctuations in uncertainty matter; and (iv) did higher uncertainty worsen the Great …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …This review article tries to answer four questions: (i) what are the stylized facts about uncertainty over time; (ii …) why does uncertainty vary; (iii) do fluctuations in uncertainty matter; and (iv) did higher uncertainty worsen the Great …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …This review article tries to answer four questions: (i) what are the stylized facts about uncertainty over time; (ii …) why does uncertainty vary; (iii) do fluctuations in uncertainty matter; and (iv) did higher uncertainty worsen the Great …

substantial adverse effects on the economy. In this paper, we present measures of sentiment and uncertainty about regulation in ….S. newspapers. As a result, we build monthly indexes of sentiment and uncertainty about regulation and categorical indexes for 14 … uncertainty overall reduces output and employment temporarily. These results suggest that sentiment about regulation plays a more …

This paper examines how increases in regulatory uncertainty may affect employment and presents empirical evidence that … the employment effects of regulatory uncertainty are unequal for workers with different levels of educational attainment …. VAR estimations suggest that a regulatory uncertainty shock leads to a more persistent and larger drop in employment at …

variables. We find, using over 100 years of U.S. data, that in the long run the effect of inflation on investment and output is … positive (a "Tobin type effect") and the investment rate, and hence the real interest rate, are not independent of inflation …

Devoting an increasing amount of resources to the investment process tends to be a common recommendation to promote a … accumulation plays a relevant role in long-term growth implies assuming that investment can generate increases in aggregate … theory. However, these do not seem to be the elements being considered when stating that “investment is the key for growth …

This paper examines how financial frictions and policy uncertainty jointly influence firms' investments in pollution … more likely to release toxic pollutants, with this pattern intensified by policy uncertainty surrounding future … environmental regulations, as measured by "close" gubernatorial elections or uncertainty revealed in firms' earnings conference …

technological change initiated by agents facing uncertainty and producing long term, path dependent growth and shorter term non …-random investment cycles. The New Classical vision in which history does not matter is of a stationary, ergodic process driven by … rational agents facing risk and producing stable trend growth and shorter term cycles caused by random disturbances. We use …