MEASURING ECONOMIC POLICY UNCERTAINTY …

NBER WORKING PAPER SERIES MEASURING ECONOMIC POLICY UNCERTAINTY Scott R. Baker Nicholas Bloom Steven J. Davis Working Paper 21633 http://www.nber.org/papers/w21633

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Measuring Economic Policy Uncertainty

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Measuring Economic Policy Uncertainty Scott R. Baker,a Nicholas Bloom,b and Steven J. Davisc 10 March 2016 Abstract: We develop a new index of economic policy uncertainty (EPU) based on newspaper

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