IDEAS home Printed from https://ideas.repec.org/p/cep/cepusa/002.html
   My bibliography  Save this paper

Economic Recovery and Policy Uncertainty

Author

Listed:
  • Scott R. Baker
  • Nick Bloom
  • Steven J. Davis
  • John Van Reenen

Abstract

Until some political mechanism creates incentives to elect moderate representatives who can reach across the ideological divide, the US seems destined to heightened levels of policy uncertainty for many years to come. Some research suggests that such uncertainty, particularly over economic policy, partly explains the sluggish nature of the recovery in America - and - according to one recent study, restoring policy uncertainty to levels that prevailed before the financial crisis would raise employment by an estimated 2.3 million over 18-24 months.

Suggested Citation

  • Scott R. Baker & Nick Bloom & Steven J. Davis & John Van Reenen, 2012. "Economic Recovery and Policy Uncertainty," CEP US Election Analysis Papers 002, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepusa:002
    as

    Download full text from publisher

    File URL: https://cep.lse.ac.uk/pubs/download/cepusa002.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    US Elections; uncertainty; recession;
    All these keywords.

    JEL classification:

    • N0 - Economic History - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cep:cepusa:002. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://cep.lse.ac.uk/_new/publications/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.