Gray's anatomy: Understanding uncertainty
We explore the key mechanisms whereby uncertainty impacts the business cycle by exploring the interaction of uncertainty with growth in industries with di⁄erent technologies of production. We nd that uncertainty shocks are particularly detrimental to growth in industries with rapid capital depreciat...
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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2016
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2032 https://ink.library.smu.edu.sg/context/soe_research/article/3031/viewcontent/MPRA_paper_72787.pdf |
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Institution: | Singapore Management University |
Language: | English |
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