We also construct new indicators of migration-related policy uncertainty, and find they often move with our migration fear indicators. See coverage of this index here: CEPR VOX To construct our Migration Fear and Policy Uncertainty Indices, we first define the following term sets: Migration (M)...
Email We develop indices of economic policy uncertainty for countries around the world. From:To: ZoomMonthly Global Economic Policy Uncertainty Index2000200520102015202001002003004005002000201020201m3m6m1y7yAllHighcharts.com PrevNext 1 2 3 4 5 6
甚麼是Economic Policy Uncertainty Index? 這個簡稱為EPU的指數, 由三名學者Scott Baker、Nick Bloom及Steven Davis研發。 三位合著的2015年論文《Measuring Economic Policy Uncertainty》指出,EPU量度會每日報章上有與經濟、不確定性及政策有關字詞出現的文章比例,藉以作為估算經濟不確定性的替代指標。 三位學者最初...
Economic Policy Uncertainty Index We develop indices of economic policy uncertainty for countries around the world. From:To: ZoomMonthly Global Economic Policy Uncertainty Index2000200520102015202001002003004005002000201020201m3m6m1y7yAllHighcharts.com PrevNext...
投资者可以对冲看得见的风险,分散投资可以帮助投资者防范看不见的风险。 经济政策不确定性指数(Economic Policy Uncertainty Index)目前处于2020年以来的最高水平,许多股票的估值和债券收益率也是如此。不过,摩根大通旗下摩根大通资产管理(J.P. Morgan Asset Management)的CEO乔治·盖奇(George Gatch)认为,在这个时候——...
ECONOMIC uncertaintyECONOMIC policyABNORMAL returnsREGRESSION analysisThis study has created a novel economic policy uncertainty (EPU) index for Brazil by analyzing the frequency of news articles published by the country's major news portals. The measurement proposed here is based o...
A potential concern about the economic policy uncertainty index is endogeneity. Bloom (2014) documents that uncertainty fluctuates counter-cyclically with business cycles. High policy uncertainty may coincide with diminishing growth opportunities during bad economic conditions, which could induce fewer innovati...
The third component of our policy-related uncertainty index draws on the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters. Here, we utilize the dispersion between individual forecasters' predictions about future levels of the Consumer Price Index, Federal Expenditures, and State...
Adam is a research associate on the Policy Uncertainty project. He completed a PhD at the University of Chicago and Chicago Booth School of Business. Kyle Kost Kyle is a research associate on the Policy Uncertainty project. He completed a PhD at the University of Chicago. David Nebiyu Vioque...
(2020) applied the ARDL model and found that high economic policy uncertainty (measured by the World Uncertainty Index—WUI) leads to high CO2 emissions. Adedoyin and Zakari (2020) applied ARDL-bound testing and found no relationship between CO2 emissions and economic policy uncertainty for the ...