FES/ICEF International Webinar Series with Alessia Paccagnini, University College Dublin

We are happy to announce our next ICEF/FES webinar on May 14 at 2 p.m.

Alessia Paccagnini who is a tenured Assistant Professor at University College Dublin will present her paper "The Asymmetric Effects of Uncertainty Shocks  (joint with Valentina Colombo)."

Abstract: We investigate the effects of financial uncertainty shocks on macroeconomic aggregates in the United States. Financial uncertainty is captured by appealing to some indicators recently developed. Relying on a nonlinear VAR, we isolate the effects of uncertainty in both recessionary and expansionary periods. As the main findings, we report how uncertainty shocks have a negative macroeconomic impact across the business cycle. The asymmetric effects are persistent when we include the recent recession. To reduce the fall in macroeconomic variables, the "unconventional" monetary policy plays an important role.

Speaker: Alessia Paccagnini
Title: The Asymmetric Effects of Uncertainty Shocks (joint with Valentina Colombo)
Date:  May 14, 2020
Time: 14:00-15:00
Venue: Zoom

Registration is mandatory and only takes a few seconds. Please use the following link at least 24 hours before the talk:

Registration URL:  https://us02web.zoom.us/meeting/register/tZEqfu-gpjgpHN1bOGj8QdNEVvt6Sw2Zfyug