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But what's driving that uncertainty index?
1.See, for example, the Global Economic Policy Uncertainty Index at http://policyuncertainty.com.com
There's also some correlation between the Bloom uncertainty index and troubles in Europe.
For one, the uncertainty index stabilized dramatically in August 2013, but the U.S. economy didn't surge as a result.
In carrying out such an analysis, a key issue is how far the uncertainty index would rise in response to a Leave vote.
Trump's first five weeks in office have been even more chaotic than expected, and the global Economic Policy Uncertainty Index has spiked to levels unseen in this century.
Similar(31)
Uncertainty indexes are calculated regularly for five major economic regions (U.S., Europe, Canada, China and India).
They indicated that it could be explained by indexer uncertainty and indexing lapses, in addition to poor reporting by authors [ 28].
In this way, the uncertainty measure index can be obtained analytically.
Out of this data stream they fashioned an "Economic Policy Uncertainty" (EPU) index.
Uncertainty avoidance index (UAI) - Measures how people manage uncertainty, how they feel threatened by uncertain situations and try to avoid or mitigate such situations.
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