Совместный семинар ФЭН и МИЭФ

14 мая в 14:00 состоялся очередной совместный вебинар ФЭН и МИЭФ, в рамках которого выступла Алессия Пакканини из Университетского колледжа в Дублине с темой доклада: "The Asymmetric Effects of Uncertainty Shocks (joint with Valentina Colombo)."

Войко А.В.

Войко А.В.

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Аннотация: 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.