The current coronavirus pandemic is a recent example of how an unpredictable event can cause uncertainty and affect … Uncertainty Index, developed by the three economists Scott R. Baker, Nicholas Bloom and Steven J. Davis, try to capture … perceptions of uncertainty and use them to generate predictions for the economic future. The index is based on a search term that …

This paper evaluates the predictive out-of-sample forecasting properties of six different economic uncertainty …. The core contention is that economic uncertainty improves both forecast accuracy as well as direction-of-change forecasts … an increased relevance of certain economic uncertainty measures for forecasting growth in both real aggregate as well as …