| Popis: |
Economic policy uncertainty is now widely accepted as one of the leading factors responsible for the global sluggish recovery. Measurement of these uncertainties is a crucial task for recent disccussions on the effects of policy uncertainty on the economic and financial variables. While indices to measure these economic policy uncertainies for several countries have been constructed, there does not exist one for Turkey. This note reviews the concept of economic policy uncertainty index as an economic policy uncertainty measure by presenting US and Europe indices, introduces a similar index for Turkey, and shows that the constructed index can be used as an uncertainty measure. |
