ECONOMIC POLICY UNCERTAINTY
Updated 627 days ago
We develop a new method to measure economic policy uncertainty and test its dynamic relationship with output, investment, and employment. We find that, since 2008, economic policy uncertainty in the United States has been at a level approximately two times its long run average. We extend our approach to other countries, finding elevated levels of economic policy uncertainty abroad, as well...
We develop indices of economic policy uncertainty for countries around the world.
Associated domains: politicaluncertainty.com