Popular posts this week
- Streetcars and light rail services serve different rider markets in American cities.
- The Supreme Court’s ‘fair share’ case is an existential threat to public sector unions. But it may force them to engage and embrace choice.
- Book Review: The Oxford Handbook of Banking, Second Edition
- After the Great Recession, many low and middle-income households are struggling to pay the rent.
Higher policy uncertainty curbs business investment and employment growth
Higher policy uncertainty curbs business investment and employment growth
The years following the global economic crisis of 2008-2009 have been marked by policy uncertainty, both in the US and across the world. In new research, Scott R. Baker, Nicholas Bloom, and Steven Davis develop an index of economic policy uncertainty to examine how this uncertainty shapes economic outcomes. Using data going back to 1900 and extending coverage to […]