policy uncertaintyThis paper assesses the economics literature on policy uncertainty, addresses puzzles in that literature, and highlights pertinent empirical regularities. Although much progress has been made in identifying important correlations between uncertainty and economic activity, concerns about causal ...
For instance, the size of the uncertainty' persistence will determine how big the negative effect of an uncertainty shock is on the financial market as well as on the economy. This paper deals with the analysis of economic policy uncertainty for 23 countries, which include developed and ...
The paper investigates on the spillovers effect of the Economic Policy Uncertainty of the UK (UK’s EPU) on its top trading partners by applying panel regression with robustness checks and Vector Error Correction Model with causality test. The paper aims to clarify the UK’s EPU impact compared...
Economic policy uncertainty The U.S. economy has experienced significantly high levels of economic and policy uncertainty over the last decade, starting with the Global Financial Crisis of 2007–08 and subsequent government policies, such as the US Government Troubled Asset Relief Program (TARP) and...
economic policy uncertaintymacro‐economic & microeconomicsrisk managementThe events that occurred after the worldwide diffusion of COVID provide a real﹍ife example of how uncertainty can severely affect the global economy. This paper reviews literature on the negative impacts of the economic policy ...
This study evaluates how economic policy uncertainty (EPU) affects firm shareholder wealth. It further investigates the moderating roles of marketing, oper
Economy (E): economic, economy Policy (P): regulation, deficit, "white house", legislation, congress, "federal reserve" Uncertainty (U): uncertainty, uncertain These are our U.S. term sets, which we translate into German and French with the assistance of native speakers. The P term set ...
2018). The literature on economic policy uncertainty and its effects on corporate decisions is growing since Baker et al. (2016) developed a novel measure of the overall level of economic policy uncertainty in the economy (hereafter, BBD Index). Studies have analyzed the impacts of policy uncert...
The intensified uncertainty about government policies in recent years highlights the importance of understanding its impacts on the real economy. Most of the theoretical and empirical studies investigate the influence of uncertainty on investment within the framework of irreversible investment.2 With costly...
Owing to economics are usually linked with energy production, economic policy may have an instantaneous adjustment according to the current monetary, finan