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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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2015/036 |
| Онлайн доступ: | Full text available on IMF |