Uncertainty and the Great Slump
(2018) In Lund Papers in Economic History. General Issues- Abstract
- 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.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/a3a8350f-db93-4229-8970-623b6c0eebf3
- author
- Lennard, Jason LU
- organization
- publishing date
- 2018
- type
- Working paper/Preprint
- publication status
- published
- subject
- keywords
- economic policy, interwar Britain, macroeconomy, uncertainty, E32, E60, N14
- in
- Lund Papers in Economic History. General Issues
- issue
- 2018:170
- pages
- 34 pages
- publisher
- Department of Economic History, Lund University
- language
- English
- LU publication?
- yes
- additional info
- This is a revised version of a working paper that was originally published in 2018.
- id
- a3a8350f-db93-4229-8970-623b6c0eebf3
- date added to LUP
- 2018-01-15 16:05:52
- date last changed
- 2019-10-14 15:21:43
@misc{a3a8350f-db93-4229-8970-623b6c0eebf3, abstract = {{This paper investigates the impact of economic policy uncertainty on the British<br/>interwar economy. A new index constructed from contemporary newspapers<br/>indicates that this was a period of great uncertainty. Time series and narrative<br/>evidence suggests that this uncertainty reduced output, raised unemployment and<br/>contributed to macroeconomic volatility.}}, author = {{Lennard, Jason}}, keywords = {{economic policy; interwar Britain; macroeconomy; uncertainty; E32; E60; N14}}, language = {{eng}}, note = {{Working Paper}}, number = {{2018:170}}, publisher = {{Department of Economic History, Lund University}}, series = {{Lund Papers in Economic History. General Issues}}, title = {{Uncertainty and the Great Slump}}, url = {{https://lup.lub.lu.se/search/files/64575066/LUPEH_170_rev.pdf}}, year = {{2018}}, }