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Senior Fellows/Fellows, 2020, Pandemic

Heuristics in Policymaking: It’s Time to Figure Out what Drives Policy Uncertainty

Hong ZHANG, Xiao JI, Mengyu WANG
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Heuristics in Policymaking: It’s Time to Figure out what Drives Policy Uncertainty

Hong ZHANG, Xiao JI, Mengyu WANG
Policymaking under the pandemic pressure could be subject to cognitive heuristics, allowing the resulting policy uncertainty to influence the market negatively.Researches in economics and finance have long recognized the importance of policy uncertainty. However, most studies take policy uncertainty...
Keywords: COVID-19, Pandemic, Policymaking
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