Uncertainty and Unemployment : The Effects of Aggregate and Sectoral Channels /

We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and sectoral channels. Using S and P500 data from the first quarter of 1957 to third quarter of 2014, we construct separate indices to measure aggregate and sectoral uncertainty and comp...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Choi, Sangyup
Awduron Eraill: Loungani, Prakash
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2015.
Cyfres:IMF Working Papers; Working Paper ; No. 2015/036
Mynediad Ar-lein:Full text available on IMF