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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 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 ...
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MEASURING ECONOMIC POLICY UNCERTAINTY …
www.policyuncertainty.comMeasuring Economic Policy Uncertainty Scott R. Baker, Nicholas Bloom, and Steven J. Davis NBER Working Paper No. 21633 October 2015 JEL No. D80,E22,E66,G18,L50
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