Policy uncertainty: a new indicator
AbstractThe damaging impact of economic uncertainty on growth has been reasonably well studied - but what happens when there is uncertainty about economic policy-making? Nicholas Bloom and colleagues have developed a measure of this distinct kind of uncertainty, one that shows the value of restoring stability to current policy actions.
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Bibliographic InfoPaper provided by Centre for Economic Performance, LSE in its series CentrePiece - The Magazine for Economic Performance with number 362.
Date of creation: Feb 2012
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Web page: http://cep.lse.ac.uk/centrepiece/
US economic policy; global financial markets;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-27 (All new papers)
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Graph of the week: A crisis of confidence driven by policy decisions
by Vuk Vukovic in Don't worry, I'm an economist on 2012-04-05 19:05:00
- Scheffel, Eric Michael, 2012. "Political uncertainty in a data-rich environment," MPRA Paper 37318, University Library of Munich, Germany.
- Dario Bonciani & Björn van Roye, 2013. "Uncertainty shocks, banking frictions, and economic activity," Kiel Working Papers 1843, Kiel Institute for the World Economy.
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