Fluctuations in uncertainty

Nicholas Bloom

Voprosy Ekonomiki, 2016, issue 4

Abstract: In this essay, the author addresses four questions about uncertainty. First, what are some facts and patterns about economic uncertainty? Both macro and micro uncertainty appear to rise sharply in recessions and fall in booms. Uncertainty also varies heavily across countries - developing countries appear to have about one-third more macro uncertainty than developed countries. Second, why does uncertainty vary during business cycles? Third, do fluctuations in uncertainty affect behavior? Fourth, has higher uncertainty worsened the Great Recession and slowed the recovery? Much of this discussion is based on research on uncertainty from the last five years, reflecting the recent growth of the literature.

Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/188/188 (application/pdf)

Related works:
Journal Article: Fluctuations in Uncertainty (2014)
Working Paper: FLUCTUATIONS IN UNCERTAINTY (2014)
Working Paper: Fluctuations in Uncertainty (2014)
Working Paper: Fluctuations in Uncertainty (2013)
Working Paper: Fluctuations in uncertainty (2013)
Working Paper: Fluctuations in Uncertainty (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2016:id:188

DOI: 10.32609/0042-8736-2016-4-30-55

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().