Now showing items 1-8 of 8
Global Economic Divergence and Portfolio Capital Flows to Emerging Markets
This paper studies the role of global and regional variations in economic activity and policy in developed world in driving portfolio capital flows (PCFs) to emerging markets (EMs). Results suggest that PCFs to EMs depend ...
Policy Uncertainty and Aggregate fluctuations
Does uncertainty affect real activity? Evidence from state-level data
We use variation in the effect of US-wide or global uncertainty on state-level uncertainty to identify the impact of this shock on real activity. We find that increases in uncertainty do have an adverse impact on real ...
The State-Level Impact of Uncertainty Shocks
Financial regimes and uncertainty shocks
Dynamic Effects of Monetary Policy Shocks on Macroeconomic Volatility