Measuring the Effects of Firm Uncertainty on Economic Activity: New Evidence from One Million Documents
收藏NBER2020-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27896
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资源简介：
We construct a new measure of firm-level uncertainty from analyzing the text of mandatory reports filed with the U.S. Securities and Exchange Commission. Using firm and establishment level panel data on investment margins and employment dynamics, we find our uncertainty measure has large effects on
提供机构：
美国国家经济研究局
创建时间：
2020-10-01
