Advanced search
Publication Cover
Applied Economics Letters Volume 28, 2021 - Issue 1
Submit an article Journal homepage
324
Views
0
CrossRef citations to date
0
Altmetric
Research Article

The impacts of high-frequency US uncertainty shocks on China’s investment and bank loans: evidence from mixed-frequency VAR

Meng Yana Department of Economics, University of New Hampshire, Durham, NH, USACorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0002-3003-272X
ORCID Icon &
Zhen Anb Financial Research Center, Postal Scientific Research and Planning Academy, Beijing, P.R. ChinaORCID Iconhttps://orcid.org/0000-0002-1680-2257
ORCID Icon
Pages 15-22 | Published online: 11 Feb 2020

References

  • Bloom, N. 2009. “The Impact of Uncertainty Shocks.” Econometrica 77 (3): 623–685. doi:10.3982/ECTA6248.
  • Bloom, N. 2014. “Fluctuations in Uncertainty.” Journal of Economic Perspectives 28 (2): 153–176. doi:10.1257/jep.28.2.153.
  • Carrière-Swallow, Y., and L. F. Céspedes. 2013. “The Impact of Uncertainty Shocks in Emerging Economies.” Journal of International Economics 90 (2): 316–325. doi:10.1016/j.jinteco.2013.03.003.
  • Chang, C., K. Chen, D. F. Waggoner, and T. Zha. 2016. “Trends and Cycles in China’s Macroeconomy.” NBER Macroeconomics Annual 30 (1): 1–84. doi:10.1086/685949.
  • Choi, S., and M. Shim. 2019. “Financial Vs. Policy Uncertainty in Emerging Market Economies.” Open Economies Review 30 (2): 297–318. doi:10.1007/s11079-018-9509-9.
  • Ferrara, L., and P. Guérin. 2018. “What are the Macroeconomic Effects of High-Frequency Uncertainty Shocks?” Journal of Applied Econometrics 33 (5): 662–679. doi:10.1002/jae.2624.
  • Fontaine, I., L. Didier, and J. Razafindravaosolonirina. 2017. “Foreign Policy Uncertainty Shocks and US Macroeconomic Activity: Evidence from China.” Economics Letters 155: 121–125. doi:10.1016/j.econlet.2017.03.034.
  • Fontaine, I., J. Razafindravaosolonirina, and L. Didier. 2018. “Chinese Policy Uncertainty Shocks and the World Macroeconomy: Evidence from STVAR.” China Economic Review 51: 1–19. doi:10.1016/j.chieco.2018.04.008.
  • Ghysels, E. 2016. “Macroeconomics and the Reality of Mixed Frequency Data.” Journal of Econometrics 193 (2): 294–314. doi:10.1016/j.jeconom.2016.04.008.
  • Li, Z., and S. Luo. 2019. “Is Risk Shock A Key Factor Driving Business Cycles in China?” The BE Journal of Macroeconomics 19 (1): 1–18. doi:10.1515/bejm-2017-0010.
  • Lin, J. Y., F. Cai, and Z. Li. 1998. “Competition, Policy Burdens, and State-Owned Enterprise Reform.” American Economic Review 88 (2): 422–427.
  • McDonald, R., and D. Siegel. 1986. “The Value of Waiting to Invest.” Quarterly Journal of Economics 101 (4): 707–727. doi:10.2307/1884175.
  • Motegi, K., and A. Sadahiro. 2018. “Sluggish Private Investment in Japan’s Lost Decade: Mixed Frequency Vector Autoregression Approach.” The North American Journal of Economics and Finance 43: 118–128. doi:10.1016/j.najef.2017.10.009.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Supercharge Your Next Research Paper: Research and write your next paper with Jenni AI.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.