Economic recovery and policy uncertainty


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

Similar works

Full text


LSE Research Online

Provided a free PDF time updated on 7/26/2014View original full text link

This paper was published in LSE Research Online.

Having an issue?

Is data on this page outdated, violates copyrights or anything else? Report the problem now and we will take corresponding actions after reviewing your request.