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...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Choi, Sangyup
Rannpháirtithe: Loungani, Prakash
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2015.
Sraith:IMF Working Papers; Working Paper ; No. 2015/036
Rochtain ar líne:Full text available on IMF