The Production Process Drives Fluctuations in Output and Uncertainty

Tyler Atkinson, Michael Plante, Alexander Richter and Nathaniel Throckmorton

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: If economic developments drive most of the changes in uncertainty—rather than the reverse—then the direct effect of a change in uncertainty on economic activity is much smaller than previous research has shown.

Keywords: Econometrics; Economic Conditions (search for similar items in EconPapers)
Date: 2020-06-30
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:88269

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