Economics at your fingertips  

The International Effects of US Uncertainty

Paul M. Jones and Eric Olson ()

International Journal of Finance & Economics, 2015, vol. 20, issue 3, 242-252

Abstract: We propose domestic uncertainty shocks may serve as a channel through which business cycles are transmitted internationally. To quantify uncertainty, we use two measures from the current literature and estimate vector autoregressions to evaluate the effects US uncertainty shocks have on the Japanese and British economies. Our results suggest that US uncertainty shocks have international effects consistent with a demand shock in the context of an open‐economy aggregate demand and aggregate supply model with sticky prices. Copyright © 2015 John Wiley & Sons, Ltd.

Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

Downloads: (external link)

Related works:
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:

Ordering information: This journal article can be ordered from
http://jws-edcv.wile ... PRINT_ISSN=1076-9307

Access Statistics for this article

International Journal of Finance & Economics is currently edited by Mark P. Taylor, Keith Cuthbertson and Michael P. Dooley

More articles in International Journal of Finance & Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2019-03-31
Handle: RePEc:wly:ijfiec:v:20:y:2015:i:3:p:242-252