G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19826
来源IDWorking Paper 19826
Why Has U.S. Policy Uncertainty Risen Since 1960?
Scott R. Baker; Nicholas Bloom; Brandice Canes-Wrone; Steven J. Davis; Jonathan A. Rodden
发表日期2014-01-16
出版年2014
语种英语
摘要There appears to be a strong upward drift in policy-related economic uncertainty after 1960. We consider two classes of explanations for this rise. The first stresses growth in government spending, taxes, and regulation. A second stresses increased political polarization and its implications for the policy-making process and policy choices. While the evidence is inconclusive, it suggests that both factors play a role in driving the secular increase in policy uncertainty over the last half century.
主题Microeconomics ; Welfare and Collective Choice ; Macroeconomics ; Fiscal Policy ; Public Economics
URLhttps://www.nber.org/papers/w19826
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577499
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GB/T 7714
Scott R. Baker,Nicholas Bloom,Brandice Canes-Wrone,et al. Why Has U.S. Policy Uncertainty Risen Since 1960?. 2014.
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