Sammanfattning
This paper investigates the impact of economic policy uncertainty on the British
interwar economy. A new index constructed from contemporary newspapers
indicates that this was a period of great uncertainty. Time series and narrative
evidence suggests that this uncertainty reduced output, raised unemployment and
contributed to macroeconomic volatility.
interwar economy. A new index constructed from contemporary newspapers
indicates that this was a period of great uncertainty. Time series and narrative
evidence suggests that this uncertainty reduced output, raised unemployment and
contributed to macroeconomic volatility.
Originalspråk | engelska |
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Utgivare | Department of Economic History, Lund University |
Antal sidor | 34 |
Status | Published - 2018 |
Publikationsserier
Namn | Lund Papers in Economic History. General Issues |
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Förlag | Department of Economic History, Lund University |
Nr. | 2018:170 |
Bibliografisk information
This is a revised version of a working paper that was originally published in 2018.Ämnesklassifikation (UKÄ)
- Ekonomisk historia