Using mostly theoretical models and traditional risk/uncertainty measures (VIX index, panic,
precaution, scary bad news, etc.), the current literature tries to clarify the risk/uncertainty …

Monetary policy is more effective when financial intermediaries have a higher equity share
in their total assets. When the leverage ratio is one standard deviation below average, the …

This paper examines the effects of news-based economic policy uncertainty (EPU) on
domestic credit in the United Kingdom and the United States from 1900 to 2020. The …

We assess the responses of output and inflation to monetary policy shocks in the context of a
Bayesian, monetary structural vector autoregressive model. We allow money supply and …

This study differentiates between housing wealth and financial wealth and investigates
whether changes in house prices and changes in interest rates have positive effects on the …

This paper investigates the impact of psychological factors of Canadian and Mexican tourists
on the US tourism sector. Using the data of 1996–2019, the study uses vector …

In this paper, we assess the information content and predictive ability of various risk and
uncertainty measures in predicting various measures of real economic activity as well as …

Recently a group of non-bank financial institutions, known as the shadow banks, has
developed beside the traditional commercial banking sector in the US. Based on the …

This paper investigates, for the first time, the uncertainty on the tourism of North Africa and
uncertainty on the second‐degree effects of the North African tourism sector. The study uses …

We reexamine the effects of the variability of money growth on output, raised by Mascaro
and Meltzer (1983), in the era of the increasing use of alternative payments, such as credit …