An Index of Global Economic Policy Uncertainty

By Steven J. Davis. 2016

407 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/4a3ca5a7964b95a21de25d8b6bb5766ad13e4f3f

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In Economics and Econometrics

1. Giovanni Caggiano
2. Efrem Castelnuovo
3. Javier J. Pérez
4. A. Urtasun
5. C. Ghirelli
6. J. Figueres
7. Yundong Huang
8. Paul Luk

Citations in the corpus

• The pandemic and economic policy uncertainty (2020, background): “First, Baker, Bloom, and Davis (2016) created a distinct EPU index that builds on and accounts for several factors, including prior measures of uncertainty.”
• Economic Policy Uncertainty Spillovers in Booms and Busts (2019, positive): “…the sample January 1985 - October 2014. an The start date is dictated by the availability of the Canadian EPU index produced by Baker, Bloom, and Davis (2016), which we use here to make sure that spikes in the US EPU index deliver information over and above the one delivered by abrupt changes…”
• Measuring economic policy uncertainty in China (2020, positive): “However, we do not detect any jump in EPU in China during the 9/11 terrorist attack in September 2001 (the jumps in the US and global EPU index (Davis, 2016) are sizable).”
• A new economic policy uncertainty index for Spain (2019, positive): “© BANCO DE ESPAÑA, Madrid, 2019 ISSN: 1579-8666 (on line) Abstract We construct a new Economic Policy Uncertainty (EPU) index for Spain, building on the infl uential methodology of Baker, Bloom and Davis (2016), and compare it with the EPU for Spain that these authors provide.”
• Policy uncertainty, derivatives use, and firm-level FDI (2017, background): “In line with Baker, Bloom, and Davis (2016) and Davis (2016), we focus on uncertainty regarding who makes economic policy decisions, what economic policy actions will be undertaken and when, and the economic effects of policy actions (or inaction).”
• Policy Uncertainty in Japan (2017, positive): “…populist political forces in several countries, and the global pandemic.3 According to an aggregation of newspaper-based indices for 21 countries in Davis (2016), global economic policy uncertainty since the fourth quarter of 2018 exceeds even the high levels reached in 2008 Q4 and 2009 Q1.”