Monetary policy uncertainty

L Husted, J Rogers, B Sun - Journal of Monetary Economics, 2020 - Elsevier
We construct a new measure of uncertainty about Federal Reserve policy actions and their
consequences, a monetary policy uncertainty (MPU) index. We evaluate the information …

Economic policy uncertainty, oil and stock markets in BRIC: Evidence from quantiles analysis

D Yuan, S Li, R Li, F Zhang - Energy Economics, 2022 - Elsevier
This paper investigates the relationship between EPU, oil and stock markets in the BRIC
countries under different market conditions. The multivariate quantile VAR approach is used …

Measuring economic policy uncertainty

SR Baker, N Bloom, SJ Davis - The quarterly journal of …, 2016 - academic.oup.com
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 …

State-level economic policy uncertainty

SR Baker, SJ Davis, JA Levy - Journal of Monetary Economics, 2022 - Elsevier
We quantify and study state-level economic policy uncertainty. Tapping digital archives for
nearly 3500 local newspapers, we construct three monthly indexes for each state: one that …

Economic policy uncertainty and stock market returns in PacificRim countries: Evidence based on a Bayesian panel VAR model

C Christou, J Cunado, R Gupta, C Hassapis - Journal of Multinational …, 2017 - Elsevier
This paper examines the role of economic policy uncertainty (EPU) on stock market returns
for six countries (Australia, Canada, China, Japan, Korea and the US), based on a panel …

A new economic policy uncertainty index for Spain

C Ghirelli, JJ Pérez, A Urtasun - Economics Letters, 2019 - Elsevier
We explore how sensitive is the influential Economic Policy Uncertainty (EPU) index (Baker
et al., 2016) to certain key features of the construction methodology. Our results (for the case …

Political risk and cost of equity: The mediating role of political connections

AV Pham - Journal of Corporate Finance, 2019 - Elsevier
This paper studies the mediating role that political connections play in the relationship
between cost of equity and political risk (ie, partisan political conflict and economic policy …

Economic policy uncertainty and real output: Evidence from the G7 countries

K Istiak, A Serletis - Applied Economics, 2018 - Taylor & Francis
We use economic policy uncertainty index, and impulse response based test to assess the
impact of economic policy-related uncertainty on real economic activity. We use monthly …

Mortgage debt, consumption, and illiquid housing markets in the great recession

C Garriga, A Hedlund - American Economic Review, 2020 - aeaweb.org
Using a quantitative heterogeneous agents macro-housing model and detailed microdata,
this paper studies the drivers of the 2006–2011 housing bust, its spillovers to consumption …

The effect of economic policy uncertainty on bank valuations

Z He, J Niu - Applied economics letters, 2018 - Taylor & Francis
This article examines how economic policy uncertainty (EPU) affects bank valuations. Using
a large sample of banks over a long period, we find that EPU has a negative effect on bank …