The Impact of Uncertainty Shocks on the UK Economy

WP/13/66

Nopic
This paper quantifies the economic impact of uncertainty shocks in the UK using data that span the recent Great Recession. We find that uncertainty shocks have a significant impact on economic activity in the UK, depressing industrial production and GDP. The peak impact is felt fairly quickly at around 6-12 months after the shock, and becomes... READ MORE...

Publication date: March 2013
ISBN 9781475552690
$18.00

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Publication date: March 2013

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Publication date: March 2013

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