The world uncertainty index

15 Jan 2019 The global economic policy uncertainty index is at record high levels at a time of deepening unrest in British politics ahead of the country's 29 Dec 2016 The global EPU index is climbing to new heights—perhaps pointing to stormy markets just ahead. Using the economic policy uncertainty (EPU) indexes of policy categories developed by Baker et al. (2016), this study estimates the probit model to predict the 9 Jun 2019 The EPU index may be useful as a short-term aggregate sentiment indicator. into a franchise of indices for 23 countries, Europe and a global index. Fig 1: US Economic Policy Uncertainty Index (using three factors) Jan

We construct a new index of uncertainty — the World Uncertainty Index (WUI) — for 143 individual countries on a quarterly basis from 1996 onwards. This is defined using the frequency of the word “uncertainty” in the quarterly Economist Intelligent Unit country reports.

23 Feb 2018 This index is available for a number of major economies. They construct the EPU indices from three types of underlying components. The first resulting in the frequently-mentioned 'Economic Policy Uncertainty index' (EPU). In the Articles about economic uncertainty that have a global impact are

22 Nov 2019 The global economic outlook is more uncertain than ever before and sensitive to uncertainties related to a variety of economic policies

World Uncertainty Index (WUI): Global Index. GDP weighted average. 1970Q1 to 2019Q4 Note: The WUI is computed by counting the percent of word “uncertain” (or its variant) in the Economist Intelligence Unit country reports. The WUI is then rescaled by multiplying by 1,000,000. A higher number means higher uncertainty and vice versa. For example, an… In addition, cross-country comparisons reveal that the level of uncertainty varies across countries and is, on average, smaller in advanced economies than in the rest of world. The index is associated with greater economic policy uncertainty (EPU), stock market volatility, risk and lower GDP growth.

We construct a new index of uncertainty — the World Uncertainty Index (WUI) — for 143 individual countries on a quarterly basis from 1996 onwards, and for 34 large advanced and emerging market economies from 1955. This is defined using the frequency of the word “uncertainty” in the quarterly Economist Intelligence Unit country reports.

22 Oct 2019 Baker, Scott R., Bloom, Nick and Davis, Stephen J., World Uncertainty Index for United States [WUIUSA], retrieved from FRED, Federal Reserve 11 May 2019 Note: The World Uncertainty Index (WUI) is computed by counting the frequency of uncertain (or the variant) in Economist Intelligence Unit