Asymmetric Effects of the COVID-19 Outbreak on Economic Policy Uncertainty

Nagmi Aimer and Abdulmula Lusta ()
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Abdulmula Lusta: Economics Department, Higher Institute of Marine Sciences Techniques, Libya

Asian Economics Letters, 2023, vol. 4, issue 2, 1-6

Abstract: We examine the asymmetric impact of the COVID-19 pandemic on Economic Policy Uncertainty Index for United States (EPU). Our results indicate that the pandemic has had a long-term impact on EPU. In addition, there is no strong short-term impact of the epidemic on EPU. We also find symmetric effects of the COVID-19 shock (positive and negative) on EPU and note that the effects of the two shocks are quite similar.

Keywords: EPU; NARDL; COVID-19 (search for similar items in EconPapers)
JEL-codes: C23 D81 E61 H12 (search for similar items in EconPapers)
Date: 2023
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