Uncertainty and the Great Slump
(2020) In Economic History Review 73(3). p.844-867- Abstract
This article investigates the impact of economic policy uncertainty on the British interwar economy. The first type of evidence examined is qualitative. The historical record shows that contemporaries regularly reported the incidence and consequences of major uncertainty shocks. The second type of evidence analysed is quantitative. Based on a new index of economic policy uncertainty constructed from newspapers and vector autoregressions, the results suggest that uncertainty was an important source of economic fluctuations in Britain between the wars.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/4d5bf403-603d-475c-9d9c-91260c0e0725
- author
- Lennard, Jason LU
- organization
- publishing date
- 2020-07-15
- type
- Contribution to journal
- publication status
- published
- subject
- in
- Economic History Review
- volume
- 73
- issue
- 3
- pages
- 844 - 867
- publisher
- Wiley-Blackwell
- external identifiers
-
- scopus:85082936358
- ISSN
- 1468-0289
- DOI
- 10.1111/ehr.12970
- language
- English
- LU publication?
- yes
- id
- 4d5bf403-603d-475c-9d9c-91260c0e0725
- date added to LUP
- 2020-01-10 11:43:57
- date last changed
- 2022-04-18 19:59:49
@article{4d5bf403-603d-475c-9d9c-91260c0e0725, abstract = {{<p>This article investigates the impact of economic policy uncertainty on the British interwar economy. The first type of evidence examined is qualitative. The historical record shows that contemporaries regularly reported the incidence and consequences of major uncertainty shocks. The second type of evidence analysed is quantitative. Based on a new index of economic policy uncertainty constructed from newspapers and vector autoregressions, the results suggest that uncertainty was an important source of economic fluctuations in Britain between the wars.</p>}}, author = {{Lennard, Jason}}, issn = {{1468-0289}}, language = {{eng}}, month = {{07}}, number = {{3}}, pages = {{844--867}}, publisher = {{Wiley-Blackwell}}, series = {{Economic History Review}}, title = {{Uncertainty and the Great Slump}}, url = {{http://dx.doi.org/10.1111/ehr.12970}}, doi = {{10.1111/ehr.12970}}, volume = {{73}}, year = {{2020}}, }