dc.contributor.author | MUMTAZ, H | en_US |
dc.date.accessioned | 2018-05-16T15:18:24Z | |
dc.date.available | 2018-03-22 | en_US |
dc.date.submitted | 2018-05-16T15:24:12.253Z | |
dc.identifier.issn | 0165-1765 | en_US |
dc.identifier.uri | http://qmro.qmul.ac.uk/xmlui/handle/123456789/38524 | |
dc.description.abstract | 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 income, employment and unemployment. Thus, uncertainty shocks can be a source of economic fluctuations. | en_US |
dc.format.extent | 127 - 130 | en_US |
dc.language | English | en_US |
dc.language.iso | en | en_US |
dc.publisher | Elsevier | en_US |
dc.relation.ispartof | Economics Letters | en_US |
dc.subject | Uncertainty shocks | en_US |
dc.subject | Instrumental variables | en_US |
dc.subject | US states | en_US |
dc.title | Does uncertainty affect real activity? Evidence from state-level data | en_US |
dc.type | Article | |
dc.rights.holder | © 2018 Elsevier B.V. All rights reserved. | |
dc.identifier.doi | 10.1016/j.econlet.2018.03.026 | en_US |
pubs.notes | Not known | en_US |
pubs.publication-status | Published online | en_US |
pubs.publisher-url | https://www.sciencedirect.com/science/article/pii/S0165176518301174 | en_US |
pubs.volume | 167 | en_US |
dcterms.dateAccepted | 2018-03-22 | en_US |