Uncertainty Measures and Business Cycles: Evidence From the US
Most of the macro-literature on uncertainty has focused on macro-uncertainty caused by real activity as a source of economic fluctuations. Economic uncertainty reduces total demand in the economy via a conventional channel that is associated with real option theory. Given the findings of the existin...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
SAGE Publishing
2024-04-01
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Series: | SAGE Open |
Online Access: | https://doi.org/10.1177/21582440241240620 |