
Uncertainty and the Employment Dynamics of Small and Large Businesses »
Journal Issue
Volume/Issue: 2015/4
Series: IMF Working Papers
Author(s): Vivek Ghosal , and Yang Ye
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 January 2015
DOI: http://dx.doi.org/10.5089/9781475552515.001
ISBN: 9781475552515
Keywords: uncertainty, small businesses, real-options, financing-constraints, costs, gdp, forecasting, variables, investment, General
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growt...