Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments
收藏NBER2013-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19475
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资源简介：
A growing body of evidence suggests that uncertainty is counter cyclical, rising sharply in recessions and falling in booms. But what is the causal relationship between uncertainty and growth? To identify this we construct cross country panel data on stock market levels and volatility as proxies for
提供机构：
美国国家经济研究局
创建时间：
2013-09-01
