Financial uncertainty and real activity: The good, the bad, and the ugly

Seminar

Speaker

Giovanni Gaggiano

Venue

Other, please see description for details

Date

Thursday, 18 June, 2020 - 17:00 to 18:00

The paper presented in this seminar quantifies the finance uncertainty multiplier (i.e., the magnifying effect of the real impact of uncertainty shocks due to financial frictions) by relying on two historical events related to the US economy, i.e., the large jump in financial uncertainty occurred in October 1987 (which was not accompanied by a deterioration of the credit supply conditions), and the comparable jump in financial uncertainty in September 2008 (which went hand-in-hand with an inc

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/16900/financial-uncertainty-and-real-activity-good-bad-and-ugly

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