Uncertainty and Business Cycles: Exogenous Impulse or Endogenous Response?
收藏NBER2015-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21803
下载链接
链接失效反馈官方服务：
资源简介：
Uncertainty about the future rises in recessions. But is uncertainty a source of business cycles or an endogenous response to them, and does the type of uncertainty matter? We propose a novel SVAR identification strategy to address these questions via inequality constraints on the structural shocks.
提供机构：
美国国家经济研究局
创建时间：
2015-12-01
