Series: IMF Working Papers
Author(s): Vivek Ghosal , and Yang Ye
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 January 2015
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...