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The Production Process Drives Fluctuations in Output and Uncertainty
Abstract: If economic developments drive most of the changes in uncertainty—rather than the reverse—then the direct effect of a change in uncertainty on economic activity is much smaller than previous research has shown.
Keywords: Econometrics; Economic Conditions;
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https://www.dallasfed.org/research/economics/2020/0630
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2020-06-30