and suggest the use of disaggregated investment data to deepen our knowledge on the relationship between uncertainty and …A sudden change in monetary policy happened in Switzerland on January 15th, 2015. The Swiss National Bank removed a … lower exchange rate bound vis-à-vis the Euro. This unexpected change of regime induced a temporary uncertainty about future …

and suggest the use of dis-aggregated investment data to deepen our knowledge on the relationship between uncertainty and …A sudden change in monetary policy happened in Switzerland on January 15th, 2015. The Swiss National Bank removed a … lower exchange rate bound vis-à-vis the Euro. This unexpected change of regime induced a temporary uncertainty about future …

In light of the recent discussion regarding the measurement of uncertainty and its impact on economic activity, this … paper derives forward-looking measures of uncertainty and directional expectations for the CHF/EUR exchange rate based on … over-the-counter option data and analyses its impact on exports. First, risk-neutral option-implied probability density …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …