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A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
      
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Fear, overconfidence, and fundamental uncertainty shocks, Applied Economics Letters 9 (2020). Ambrocio, Gene


Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
All authors as text Ambrocio, Gene 
Number of authors
Status Published
Year of publication 2021 
Date 07.06.2020 
Name of article Fear, overconfidence, and fundamental uncertainty shocks 
Name of journal Applied Economics Letters
Volume of issue 28 
Number of issue
Pages 760-764 
Abstract I study the effects of expected and realized uncertainty on Euro area macroeconomic conditions. I use a range of expected and realized uncertainty measures including those based on survey forecasts and find that the effects of expected uncertainty vanish once realized uncertainty is accounted for when using financial or news media-based measures. On the other hand, shocks to a survey-based measure of expected uncertainty do appear to have dampening effects.
Free text descriptor in Finnish euroalue; odotukset; epƤvarmuus; mittarit; ennusteet; makrotalous 
Free text descriptor in English uncertainty, survey forecasts, fear, overconfidence 
JEL-codes C32, D84, E37 
ISSN / e-ISSN 1350-4851 
auki Internet addresses
Additional information Available online 7 June 2020