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dc.contributor.advisorFountas, Stylianosen
dc.contributor.authorMicha, Symelaen
dc.descriptionΔιπλωματική εργασία--Πανεπιστήμιο Μακεδονίας, Θεσσαλονίκη, 2013.el
dc.description.abstractThe aim of this study is to identify the impact of macroeconomic uncertainty on macroeconomic variables for 10 developed countries. Our main purpose is to find the sign effect of such uncertainty on investment and other macroeconomic fundamentals per country and compare the empirical results among three main unit root tests, ADF, KPSS and DF-GLS. Using GARCH models, the conditional variance is a good proxy in order to estimate macroeconomic uncertainty. Basically, our results mostly follow economic theory and several empirical studies. Hence, it is found that macroeconomic uncertainty has a different sign effect in the majority of the examined countries, which is our principal reason conducting this work.en
dc.format.extent1454146 bytes-
dc.publisherΠανεπιστήμιο Μακεδονίαςel
dc.subjectMacroeconomic uncertaintyen
dc.subjectUncertainty on investmenten
dc.subjectGARCH modelsen
dc.subjectNeoclassical theoryen
dc.subjectReal option theoryen
dc.subjectReal exchange rate uncertaintyen
dc.titleThe effect of macroeconomic uncertainty on macroeconomic variables.en
dc.typeElectronic Thesis or Dissertationen
dc.contributor.departmentΔιατμηματικό Πρόγραμμα Μεταπτυχιακών Σπουδών στην Οικονομική Επιστήμηel
Appears in Collections:ΔΠΜΣ Οικονομική Επιστήμη (M)

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