Arbeitspapier
International Spillovers of Policy Uncertainty
Using the Baker et al. (2013) index of policy uncertainty for six developed countries, this paper estimates spillovers of policy uncertainty. We find that spillovers account for slightly more than one-fourth of the dynamics of policy uncertainty in these countries, with this share rising to one-half during the financial crisis. The United States and United Kingdom are responsible for a large fraction of the spillovers since the financial crisis, while Canada and the remaining countries are all net receivers of policy uncertainty shocks during and after this period.
- Language
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Englisch
- Bibliographic citation
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Series: Bank of Canada Working Paper ; No. 2014-57
- Classification
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Wirtschaft
Information, Knowledge, and Uncertainty: General
International Policy Coordination and Transmission
- Subject
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Econometric and statistical methods
- Event
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Geistige Schöpfung
- (who)
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Klößner, Stefan
Sekkel, Rodrigo
- Event
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Veröffentlichung
- (who)
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Bank of Canada
- (where)
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Ottawa
- (when)
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2014
- DOI
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doi:10.34989/swp-2014-57
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Klößner, Stefan
- Sekkel, Rodrigo
- Bank of Canada
Time of origin
- 2014
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