Results 1 to 10 of about 5,866,539 (305)

A news-based climate policy uncertainty index for China. [PDF]

open access: yesSci Data, 2023
Climate policies can have a significant impact on the economy. However, these policies have often been associated with uncertainty. Quantitative assessment of the socioeconomic impact of climate policy uncertainty is equally or perhaps more important ...
Ma YR   +6 more
europepmc   +2 more sources

Measuring Economic Policy Uncertainty [PDF]

open access: yesSSRN Electronic Journal, 2016
Abstract We develop a new index of economic policy uncertainty (EPU) based on newspaper coverage frequency. Several types of evidence—including human readings of 12,000 newspaper articles—indicate that our index proxies for movements in policy-related economic uncertainty. Our U.S.
S. Baker, N. Bloom, Steven J Davis
semanticscholar   +3 more sources

Uncertainty and Climate Change Policy [PDF]

open access: yesEconomic Analysis and Policy, 2008
The paper consists of a summary of the main sources of uncertainty about climate change, and a discussion of the major implications for economic analysis and the formulation of climate policy. Uncertainty typically implies that the optimal policy is more risk-averse than otherwise, and therefore enhances the case for action to mitigate climate change.
John Quiggin
openaire   +7 more sources

Economic Policy Uncertainty and Emerging Stock Market Volatility [PDF]

open access: yesAsia-Pacific Financial Markets, 2023
This research examines the effect of economic policy uncertainty (EPU) indices on Pakistan's stock market volatility. Particularly, we examine the impact of the economic policy uncertainty index for Pakistan and bilateral global trading partner countries,
Ghani M, Ghani U.
europepmc   +2 more sources

Policy Uncertainty, Persistence and Growth* [PDF]

open access: yesReview of International Economics, 1993
AbstractThis paper explores links between policy uncertainty and growth. Using an endogenous growth model in which domestic investment is characterized by irreversibilities and policy fluctuates between a high‐ and a low‐tax regime, it shows that the magnitude of policy fluctuation and the persistence of policy jointly determine the pattern of ...
Joshua Aizenman, Nancy Marion
openaire   +2 more sources

Uncertainty about Trade Policy Uncertainty [PDF]

open access: yesSSRN Electronic Journal, 2020
We revisit in this note the macroeconomic impact of the recent rise in trade policy uncertainty. As in the literature, we do find that high trade policy uncertainty can adversely impact domestic and foreign economic activity. In addition, we identify an alternative business sentiment channel that is separate and distinct from the impact of trade policy
Benigno, Gianluca, Groen, Jan J. J.
openaire   +2 more sources

Global Policy Uncertainty and Cross-Border Acquisitions [PDF]

open access: yes, 2021
Policy uncertainty has been documented to have a significant impact on corporate investment decisions. This paper investigates the effect of policy uncertainty on cross-border acquisitions. We find a significant monotonic relationship between the size of
Puwanenthiren, P.   +4 more
core   +1 more source

Policy Uncertainty and Customer Concentration [PDF]

open access: yesSSRN Electronic Journal, 2020
Using data involving customer–supplier relationships and a large sample of US publicly listed firms, our study documents a negative and statistically significant relationship between economic policy uncertainty and firms’ customer‐base concentration. The negative relation is predominant in firms with higher inventory efficiency and those operating in ...
Woon Sau Leung, Jiong Sun
openaire   +2 more sources

Monetary Policy Uncertainty [PDF]

open access: yesInternational Finance Discussion Papers, 2017
We construct new measures of uncertainty about Federal Reserve policy actions and their consequences - monetary policy uncertainty (MPU) indexes. We show that, under a variety of VAR identification schemes, positive shocks to uncertainty about monetary policy robustly raise credit spreads and reduce output.
Lucas Husted, John Rogers, Bo Sun
openaire   +1 more source

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