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Uncertainty and the Great Slump

Lennard, Jason LU (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:
author
organization
publishing date
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},
  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},
}