Title: Measuring economic policy uncertainty in China
Abstract: We construct a new monthly index of Economic Policy Uncertainty for China in 2000–2018 based on Chinese newspapers. Different from the existing index, ours uses information from multiple local newspapers, and foreshadows declines in equity price, employment and output. Media censorship does not seem to have qualitative impact to our index. Moreover, we develop a daily uncertainty index and several policy-specific uncertainty indices for public use.
Publication Year: 2019
Publication Date: 2019-11-03
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 434
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