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Webinar Series

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Senior Fellows/Fellows, Pandemic

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May 2020

Economic Uncertainty Before and During the COVID-19 Pandemic

Scott R. BAKER, Nicholas A. BLOOM, David E. ALTIG, Jose Maria BARRERO, Brent MEYER, Philip BUNN, Scarlet CHEN, Julia LEATHER, Emil MIHAYLOV, Paul MIZEN, Thomas RENAULT, Gregory THWAITES, Pawel SMIETANKA, Nicholas PARKER
We consider several economic uncertainty indicators for the US and UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based policy uncertainty, Twitter chatter about economic uncertainty, subjective uncertainty about business growth, forecaster disagreement about ...
Keywords: forward-looking uncertainty measures, volatility, COVID-19, Coronavirus
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Senior Fellows/Fellows

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Senior Fellows/Fellows

Rising Policy Uncertainty

Steven J. DAVIS, Nicholas A. BLOOM, David E. ALTIG, Jose Maria BARRERO, Brent MEYER, Nicholas PARKER
I review evidence of rising policy uncertainty in the U.S. and global economies, drawing heavily on newspaper-based measures. Examples from countries around the world illustrate the role of political and policy developments as drivers of fluctuations in economic uncertainty. I also highlight the pro...
Keywords: Policy uncertainty, Trade Policy, Stock Market Volatility, Newspaper-Based Measures
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