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Uncertainty Shocks Can Trigger Recessionary Conditions

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Abstract

Using an economic model, this analysis takes a popular measure of economic policy uncertainty and looks at how large increases in uncertainty can affect the economy.

Suggested Citation

  • Kevin L. Kliesen, 2025. "Uncertainty Shocks Can Trigger Recessionary Conditions," On the Economy 99790, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:99790
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    File URL: https://www.stlouisfed.org/on-the-economy/2025/apr/uncertainty-shocks-can-trigger-recessionary-conditions
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    Keywords

    economic uncertainty; recessions;

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