Uncertainty and the Great Slump

Forskningsoutput: Working paper/PreprintWorking paper

164 Nedladdningar (Pure)


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.
UtgivareDepartment of Economic History, Lund University
Antal sidor34
StatusPublished - 2018


NamnLund Papers in Economic History. General Issues
FörlagDepartment of Economic History, Lund University

Bibliografisk information

This is a revised version of a working paper that was originally published in 2018.

Ämnesklassifikation (UKÄ)

  • Ekonomisk historia


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