NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Uncertainty Shocks as Second-Moment News Shocks

David Berger, Ian Dew-Becker, Stefano Giglio

NBER Working Paper No. 23796
Issued in September 2017

---- Acknowledgments ----

This paper was previously circulated and presented under the title “Contractionary volatility or volatile contractions?” We appreciate helpful comments and discussions from Robert Barsky, Nick Bloom, Gideon Bornstein, Brent Bundick, Nicolas Crouzet, Larry Christiano, Guido Lorenzoni, Aytek Malkhozov, Stephen Terry (who also generously provided simulation results), Amir Yaron, and seminar participants at Booth, CITE, SITE, the Federal Reserve Banks of Chicago and Boston, Northwestern, the BI-SHoF finance conference, LBS, the NBER Summer Institute, UCL Workshop on Uncertainty, the SED, Arizona State, Yale, Texas A&M, and the SFS Cavalcade. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

return to bibliography page

 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us