Trade Uncertainty and Investment in the Euro Area

Trade Uncertainty and Investment in the Euro Area
We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points... READ MORE...

Publication date: December 2018
ISBN 9781484388808
$18.00

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