Monthly frequency data spanning 1960:07 to 2015:4 adopted from Ludvigson, S. C., Ma, S., and Ng, S. (2021). Uncertainty and business cycles: exoge- nous impulse or endogenous response? American Econom

NIAID Data Ecosystem00

Hedging Macroeconomic and Financial Uncertainty and Volatility

We study the pricing of uncertainty shocks using a wide-ranging set of options that reveal premia for macroeconomic risks. Portfolios hedging macro uncertainty have historically earned zero or even si

NBER2019-09-01 更新10

Time Use and Macroeconomic Uncertainty

We study the effects of uncertainty on time use and their macroeconomic implications. Employing data from the American Time Use Survey and the Bureau of Labor Statistics, we document that heightened u

NBER2023-12-01 更新40

Macroeconomic and financial uncertainty