The Impact of Uncertainty Shocks
By Nicholas Bloom. 2007
4,580 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/960555093afd78a2219dc6e79ee0f3eae5dfdf05
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- George Filis
- Rangan Gupta
- Stavros Degiannakis *
- Ronald A. Ratti
- Wensheng Kang
- Efrem Castelnuovo
- Giovanni Caggiano
- Nicholas Bloom
Citations in the corpus
- The Time Variation in Risk Appetite and Uncertainty (2019, neutral): “Bloom (2009) has argued that uncertainty, extracted from data on the VIX and realized stock return variances, precedes bad economic outcomes.”
- Uncertainty and Unemployment (2017, methodology): “…TFP using Census data (Bloom et al., 2014; Kehrig, 2015) , the cross-sectional dispersion of various firm-level proxies such as sales growth rates (Bloom, 2009), prices (Vavra, 2014), employment growth (Bachmann and Bayer, 2013), business forecasts (Bachmann et al., 2013) and stock prices…”
- Measuring global and country-specific uncertainty (2017, background): “A ubiquitous proxy is the implied or realized volatility in stock markets, such as VIX, e.g. Bloom (2009).”
- Bank Leverage Cycles (2017, neutral): “ω̄jt+1 { θVt+1 ( ω,Ajt , B̄ j t ) + (1− θ) [ R t+1A j tω − B̄ j t ]} dFt (ω) (9)”
- Exorbitant privilege and exorbitant duty (2010, methodology): “More precisely, following Bloom (2009) our measure of market volatility”
- Global leverage adjustments, uncertainty, and country institutional strength (2018, background): “It is therefore a ubiquitous concern to business executives and policymakers and dramatically increases with political and economic shocks (Bloom, 2009).”
- The impact of uncertainty shocks on the volatility of commodity prices (2018, methodology): “Furthermore, we report the estimated OIRFs for alternative VAR orderings, following the VAR ordering of Bloom (2009) and Jurado et al. (2015), and we find that our results remain robust.”
- Policy uncertainty and loan loss provisions in the banking industry (2020, neutral): “, 2012; Baker and Bloom, 2013), firm production (Bachmann, Elstener and Sims, 2013) and productivity (Bloom, 2009), firms are more likely to default when PU is higher.”