MEASURING ECONOMIC POLICY UNCERTAINTY

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. index spikes near tight pr...

Full description

Saved in:
Bibliographic Details
Published in:The Quarterly journal of economics 2016-11, Vol.131 (4), p.1593-1636
Main Authors: BAKER, SCOTT R., BLOOM, NICHOLAS, DAVIS, STEVEN J.
Format: Article
Language:English
Subjects:
Economic policy
Employment
Fiscal policy
Health care
Health care expenditures
Health services
Indexes
Infrastructure
Innovations
Investments
Media coverage
Presidential elections
Presidents
Press
September 11 terrorist attacks-2001
Stock prices
Studies
Uncertainty
United States
Volatility
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!