NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Common Origin of Uncertainty Shocks

Nicholas Kozeniauskas, Anna Orlik, Laura Veldkamp

NBER Working Paper No. 22384
Issued in July 2016

---- Acknowledgements ----

We are grateful to Virgiliu Midrigan, Simon Mongey, and Tom Sargent for useful discussions and suggestions. We thank seminar participants at the SED meetings in Warsaw and the ASSA meetings in San Francisco. The views expressed herein are those of the authors and do not necessarily reflect the position of the Board of Governors of the Federal Reserve, the Federal Reserve System, or the National Bureau of Economic Research.

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