Macroeconomic Effects of Economic Policy Uncertainty: Evidence from Nepal

Birendra Bahadur Budha (), Rohan Byanjankar () and Swostik Nepal
Additional contact information
Birendra Bahadur Budha: Nepal Rastra Bank
Rohan Byanjankar: Nepal Rastra Bank

No 65/2026, NRB Working Papers from Nepal Rastra Bank, Economic Research Department

Abstract: This paper investigates the effects of economic policy uncertainty on the Nepali economy. We construct an economic policy uncertainty index for Nepal based on publicly available, real-time Google Trends data for the period from January 2011 to April 2026. We find that an increase in policy uncertainty reduces GDP, imports, private sector credit, and the stock market index.

Keywords: Google trends; economic policy uncertainty index; Nepal; macroeconomy (search for similar items in EconPapers)
JEL-codes: C32 E32 E50 F10 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2026-08-04
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.nrb.org.np/contents/uploads/2026/07/nrb-wp-65-2026-07-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nrb:wpaper:nrbwp202665

Access Statistics for this paper

More papers in NRB Working Papers from Nepal Rastra Bank, Economic Research Department Contact information at EDIRC.
Bibliographic data for series maintained by Publication Division NRB ().