Many commentators argue that uncertainty about tax, spending, monetary and regulatory policy slowed the recovery from the 2007-2009 recession. To investigate this we develop a new index of economic policy uncertainty (EPU), built on three components: the frequency of newspaper references to...

In this paper, I develop an Economic Policy Uncertainty (EPU) measure for Colombia based on news coverage, as the one presented in Baker, Bloom, and Davis (2016). This index is the result of the analysis of 10, 113 news articles from the period between January 1994 and December 2016. Additional...