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Bloomberg:
Jobs report suggests employers are ignoring Congress

1 February 2013

One measure of economic policy uncertainty - an index created by economists Steven Davis of the Chicago Booth School of Business and Scott Ross Baker and Nick Bloom of Stanford University - stood in December at its highest point since the summer of 2011, when the debt-ceiling battle brought the government to the brink of default. Executives of big companies such as Caterpillar Inc. have warned that the uncertainty could affect their sales and profits.

This article was published by Bloomberg News on February 1, 2013

Link to article here

Related publications
Policy uncertainty: a new indicator, Scott R. Baker, Nicholas Bloom and Steven J. Davis. Article in CentrePiece Volume 16, Issue 3, Winter 2012

Related links
Nick Bloom webpage
Productivity and Innovation Programme webpage

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