Baker, Scott R., Davis, Steven J., Bloom, Nick and Van Reenen, John 
ORCID: 0000-0001-9153-2907
(2012)
Economic recovery and policy uncertainty.
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The London School of Economics and Political Science, Center of Economic Performance, London, UK.
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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.
| Item Type: | Monograph (Report) |
|---|---|
| Official URL: | http://cep.lse.ac.uk/ |
| Additional Information: | © 2012 The Authors |
| Divisions: | Economics Centre for Economic Performance |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Date Deposited: | 17 Jul 2014 11:27 |
| Last Modified: | 12 Dec 2024 05:58 |
| URI: | http://eprints.lse.ac.uk/id/eprint/57970 |
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