The Nexus between Lockdown Shocks and Economic Uncertainty: Empirical Evidence from a VAR Model

The contribution of this paper is twofold. First, we introduce a daily vector autoregression (VAR) model for the US economy that allows discerning between lockdown shocks and a real business cycle shocks. With this methodology at hand, we then evaluate the impact of lockdown measures on economic un...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 32-2021)
Main Author: Hafemann, Lucas
Format: Article
Language:English
Published: Philipps-Universität Marburg 2021
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MAGKS - Joint Discussion Paper Series in Economics