6.4 Τα Οικονομικά Αποτελέσματα της Αβεβαιότητας

Βιβλιογραφία

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Alexopoulos M., Cohen J. (2009) Uncertain Times, Uncertain Measures, Working Paper, 352.

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Bachmann R., Bayer C. (2009) The cross-section of firms over the business cycle: new facts and a DSGE exploration, Descussion Paper Series 1: Economic Studies, 17, Deutsche Bundesbank, Research Centre.

Bachmann R., Bayer C. (2011) Uncertainty Business Cycles- Really? Available at: http://www.wiwi.unibonn.de/bayer/Working_Papers_files/bachmann_bayer_UBCR.pdf.

Bachmann R., Elstener S., Sims E. (2010) Uncertainty and Economic Activity: Evidence from Business Survey Data, Available at: http://www.nd.edu/~esims1/bachmann_elstner_sims_current.pdf.

Baker S., Bloom N., Davis S. (2011) Measuring Economic Policy Uncertainty, Available at: http://faculty.chicagobooth.edu/steven.davis/pdf/PolicyUncertainty.pdf.

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Bhagat S., Obreja I. (2011) Employment, Corporate Investment and Cash Flow Uncertainty, September.

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Bloom N.  (2009) The Impact of Uncertainty Shocks, Econometrica, Econometric Society, vol. 77(3), pages 623-685.

Bloom N. (2014) Fluctuations in Uncertainty, Journal of Economic Perspectives, 28(2).

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Fernandez-Villaverde J., Guerron-Quintana P., Kuester K., Rubio- Ramirez J. (2011) Fiscal volatility shocks and economic activity, University of Pennsylvania, mimeo.

Gilchrist S., Sim J.W., Zakrajsek E. (2010) Uncertainty, Financial Friction and Investment Dynamics, Available at: http://www.princeton.edu/economics/seminar-schedule-by-prog/macro-s10/papers/Gilchrist-Paper.pdf.

IMF (2012) Coping with high debt and sluggish growth, World Economic Outlook, Washington DC.

Kellogg R. (2014) The Effect of Uncertainty on Investment: Evidence from Texas Oil Drilling, American Economic Review 104, 1698–1734.

Knotek E., Khan S. (2011) How do households respond to uncertainty shocks?, Kansas City Federal Reserve Board Economic Review, Second Quarter.

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Narita F. (2011) Hidden Actions, Risk-Taking, and Uncertainty Shocks, University of Minnesota, February.

Panousi V., Papanikolaou D. (2011) Investment, idiosyncratic risk and ownership, forthcoming, Journal of Finance.

Petrakis P., Konstantakopoulou D. (2015) Uncertainty in Entrepreneurial Decision Making the Competitive Advantages of Strategic Creativity, Palgrave Macmillan US.

Petrakis P.E., Valsamis D.G., Kostis P.C. (2014) Uncertainty Shocks in Eurozone Periphery Countries and Germany, Cyprus Economic Policy Review, Vol. 8, No 2, pp 87-106.

Ramey V.A., Shapiro M.D. (2001) Displaced Capital: A Study of Aerospace Plant Closings, Journal of Political Economy, vol. 109, no. 5.

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Further Reading List

Bekaert G., Hoerova M., Lo Duca M. (2013) Risk, uncertainty and monetary policy, Journal of Monetary Economics, Volume 60, Issue 7, Pages 771–788.

Booth A.L., Nolen P.J. (2014) Can Risk-taking Preferences be Modified? Some Experimental Evidence, Cesifo Working Paper, no. 4751 category 13: behavioural economics. 

Carriero A., Mumtaz H., Theodoridis K. and Theophilopoulou A. (2015) The Impact of Uncertainty Shocks under Measurement Error: A Proxy SVAR Approach, Journal of Money, Credit and Banking, 47: 1223–1238, doi: 10.1111/jmcb.12243.

Cesa-Bianchi A., Pesaran H.M., Rebucci A. (2014) Uncertainty and Economic Activity: A Global Perspective, CESIFO Working Paper No. 4736 Category 12: Empirical and Theoretical Methods.

Fernández-Villaverde J., Guerrón-Quintana P., Rubio-Ramírez J.F., Uribe M.  (2011) Risk Matters: The Real Effects of Volatility Shocks, American Economic Review, 101(6): 2530-61.

Malmendier U., Nagel S. (2011) Depression babies: Do macroeconomic experiences affect risk taking?, The Quarterly Journal of Economics, 126 (1), 373–416.

Segal G., Shaliastovich I., Yaron A. (2015) Good and bad uncertainty: Macroeconomic and Financial market implications, Journal of Financial Economics, 117(2), 369-397.

Wright J.H. (2011) Term premia and inflation uncertainty: Empirical evidence from an international panel dataset, The American Economic Review, 101(4), 1514-1534.