Uncertainty before and during COVID-19: A survey

被引:35
作者
Castelnuovo, Efrem [1 ]
机构
[1] Univ Padua, Dept Econ & Management, Via Santo 33, I-35123 Padua, PD, Italy
基金
澳大利亚研究理事会;
关键词
business cycle; COVID-19; global output; global uncertainty; spillovers; uncertainty; ECONOMIC-POLICY UNCERTAINTY; MONETARY-POLICY; MACROECONOMIC UNCERTAINTY; GOVERNMENT POLICY; VOLATILITY SHOCKS; TREND INFLATION; RISK-MANAGEMENT; CREDIT SPREADS; UNITED-STATES; TAYLOR RULES;
D O I
10.1111/joes.12515
中图分类号
F [经济];
学科分类号
02 ;
摘要
This survey features three parts. The first one reviews the most recent literature on the relationship between domestic (i.e., country-specific) uncertainty and the business cycle, and offers ten main takeaways. The second part surveys contributions to the fast-growing strand of the literature that focuses on the macroeconomic effects of uncertainty spillovers and global uncertainty. The last part presents contributions on the role played by uncertainty during the COVID-19 pandemic.
引用
收藏
页码:821 / 864
页数:44
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