Economic policy uncertainty index and economic activity: what causes what?

This paper is a follow-up on the Economic Policy Uncertainty (EPU) index, developed in 2011 by Baker, Bloom, and Davis. The principal idea of the EPU index is to quantify the level of uncertainty in an economic system, based on three separate pillars: news media, number of federal tax code provision...

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Bibliographic Details
Main Authors: Ivana Lolić, Petar Sorić, Mirjana Čižmešija
Format: Article
Language:English
Published: Croatian Operational Research Society 2017-01-01
Series:Croatian Operational Research Review
Online Access:http://hrcak.srce.hr/file/285665