Gu, Yanwei; Jiang, Guancheng; Liang, Xiao - In: International studies of economics 17 (2022) 3, pp. 371-393
Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on …, is limited. In this paper, we propose two channels through which economic policy uncertainty affects household … consumption, the precautionary saving channel and the investment-employment channel. Then, we use the household survey data (China …