Series: IMF Working Papers
Author(s): La-Bhus Fah Jirasavetakul , and Antonio Spilimbergo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 December 2018
Keywords: Turkey, Europe, Policy uncertainty, economic uncertainty, firm-level, sector-level, investment decisions, employment growth, leverage strategies, diff-in-diff estimation
Uncertainty over economic policy plays a key role in economic outcomes. But evidence and quantification for emerging markets are elusive because of measurement and reverse causality issues. In this paper, we constr...