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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Choi, Sangyup
Beste egile batzuk: Loungani, Prakash
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/036
Sarrera elektronikoa:Full text available on IMF