IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v57y2025i25p3412-3426.html
   My bibliography  Save this article

Spillover effects of economic policy uncertainty among the US and BRIC countries: based on time and frequency domain perspectives

Author

Listed:
  • Junjie Guo
  • Yingce Yang
  • Ruihong He

Abstract

This study examines the static and dynamic spillover effects of economic policy uncertainty (EPU) among US and BRIC countries. We investigate their connectedness both in the time and frequency domains using the spillover index approach and frequency domain decomposition methods. Our results indicate that the countries have significant time-varying characteristic spillover effects, and most of EPU connectedness is generated in the short-term. Furthermore, US domestic emergencies will bring about a sharp increase in spillover indices; in most cases, the US is the major transmitter and receiver of uncertainty spillover while Russia delivers and receives the lowest spillover. These results have implications for policymakers and investors with different time horizons.

Suggested Citation

  • Junjie Guo & Yingce Yang & Ruihong He, 2025. "Spillover effects of economic policy uncertainty among the US and BRIC countries: based on time and frequency domain perspectives," Applied Economics, Taylor & Francis Journals, vol. 57(25), pages 3412-3426, May.
    • Handle: RePEc:taf:applec:v:57:y:2025:i:25:p:3412-3426
    DOI: 10.1080/00036846.2024.2337783
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2024.2337783
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2024.2337783?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:57:y:2025:i:25:p:3412-3426. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.